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EthereumBeginnerEthereum network users are facing a surge in gas fees, driven by the recent craze surrounding ERC-404 tokens. These tokens, which combine features of NFTs and fungible tokens, have attracted significant interest, leading to a spike in network activity and skyrocketing gas prices. On February 9th,…
#crypto#defi#nfts
The Nigerian government is facing renewed calls to regulate the cryptocurrency market, primarily to combat financial crimes like money laundering. This push comes from various stakeholders, including Adedeji Owonibi, co-founder of Nigerian blockchain intelligence service provider A&D Forensics.…
#crypto#government
BitcoinBeginnerU.S. President Joe Biden’s laser-eyed social media posts following the Super Bowl are well-known in online Bitcoin circles, but his meme was not about cryptocurrency. US President Joe Biden unintentionally became a Bitcoin (BTC) ambassador by posting a laser-eye photo of himself on his X and…
#crypto#united-states
GeneralBeginnerThe web3 world of decentralized social networks, Farcaster seeks to carve a unique path – harnessing the power of Web 2.0 strategies to achieve mass adoption while upholding its decentralized core. Unlike its peers prioritizing complex blockchain interactions, Farcaster embraces a user-friendly…
#crypto
GeneralBeginnerThe US Treasury Secretary, Janet Yellen, recently made a strong push for regulators to establish a comprehensive framework for stablecoins, a type of cryptocurrency pegged to traditional assets like the US dollar. This call to action comes amid growing concerns about the potential risks posed by…
#crypto#government#united-states
BitcoinBeginnerGrayscale CEO Michael Sonnenshein urged regulators to accept exchange-listed options for spot Bitcoin (BTC) exchange-traded funds (ETFs) in an X post on February 5. Options, he claimed, promote “price discovery and can help investors better navigate market conditions or achieve desired outcomes,…
#crypto#etfs
GeneralBeginnerSpain’s Ministry of Finance has announced tax reforms that will allow more financial institutions to collect taxes on behalf of the government. The Spanish Ministry of Finance is seeking to expand its control over cryptocurrency monitoring in the country, allowing it to seize digital assets to pay…
#crypto#tax
BitcoinBeginnerSouth Korea’s Financial Supervisory Service (FSS), the country’s chief financial regulator, intends to seek information from the United States Securities and Exchange Commission (SEC) about spot Bitcoin exchange-traded funds (ETFs). The FSS examines and supervises financial institutions under the…
#crypto#etfs#sec
BitcoinBeginnerFederal Reserve Chair Jerome Powell has warned that the United States is on an “unsustainable fiscal path,” with debt growth outpacing the overall economy. In a Jan. 4 interview with 60 Minutes, Powell said that it is now “past time” for elected officials in the United States to begin an “adult…
#central-bank#crypto#united-states
BitcoinBeginnerPresident Nayib Bukele is on track for a resounding re-election victory, according to data released shortly after polls closed on February 5th, 2024. Early indications suggest Bukele’s Nuevas Ideas party has garnered up to 87% of the vote, far outpacing its closest competitors. This decisive win…
#crypto#el-salvador#election
GeneralBeginnerStratis, a blockchain platform specializing in enterprise solutions, is excited to announce the launch of its public EVM Testnet, codenamed Auroria, on February 6, 2024. This testnet serves as a critical milestone in Stratis’ journey towards offering a robust and adaptable platform for developers…
#crypto
