8% Plus Inflation Sends The Biden Administration Into Damage Control Mode
The extraordinary high inflation revealed Tuesday by Labor Department data is a result of Russia’s war against Ukraine, according to the White House.
Crypto Markets Fall with Bitcoin Down 15% and Ethereum Down 14%
Today’s bitcoin price dropped 15% within 24 hours, to below $40,000 for its first time since March 15. Ethereum dropped 14% and fell below the $3,000 mark, for the first time since March 23.
Crypto Trading Volume In India Down 72% After New Tax Announcements
Some Indian exchanges’ trading volumes have dropped by as much as 72%.According to Crebaco, a cryptocurrency research organisation, crypto trading volumes in India have plummeted since April 1st, the date the new tax law took effect.
Spanish Authorities Warn Public Again – Cryptocurrency Purchases Can Be Blocked
Bank of Spain, the Spanish central bank has issued warnings to users about what banks can do if they discover cryptocurrency purchases. The institution posted a blog post on its website explaining that traditional banks can block transactions if they believe there are suspicious circumstances, such as identity theft or money laundering.
3-Week Lows For Bitcoin and Ethereum
Both Ethereum and Bitcoin, two of the most important cryptocurrencies in the industry, have fallen to three-week lows.
Terra Making a Huge Impact In DeFi With It’s New Stablecoin
Terra’s “4pool” proposal is a new way to fuel the fierce competition between MakerDAO’s DAI and its UST stablecoin.
Blockchain Tech Doesn’t Just Power Crypto – Here’s Other Use Cases
Blockchain can protect art and sensitive data, says researcher.
EU Announces The ESMA as The Main Crypto Regulatory Body
The European Parliament has named ESMA, European Securities and Markets Authority as the top cryptocurrency regulator in the region in the most recent draft of MiCA (Markets in Crypto Assets regulation). This European organization would be responsible for licensing crypto-related exchanges and institutions, as well as putting national regulators under it.
Scam Alert – Fake Azuki NFT Profiles on Twitter are Hacking Verified Accounts
The perpetrators are trying to steal user accounts, just like the ApeCoin scam.
Make Profits With Armaldia: The Fantasy Metaverse Globe
Armaldia can be described as a fantasy metaverse world. It is a unique MMO cryptogame that uses BNB chain (BInance smart chains). The universe is made up of 198k revenue-generating land plots, which can be bought as NFT.
