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Haruhiko Kuroda, the governor of the Bank of Japan (BOJ), has said the bank is currently not planning to launch a digital currency. The remarks come just a few days after the BOJ announced the commencement of the second phase of central bank digital currency experiments. Role of CBDC in People’s Lives The governor of the BOJ, Haruhiko Kuroda, recently disclosed the central bank’s stance on issuing a digital currency has not changed — it will not issue a central bank digital currency (CBDC). The governor, however, insisted the BOJ will still continue “to carefully consider the expected roles of central bank money” in people’s lives today and in the future. In remarks made while delivering a speech at a Fintech Summit in Japan, Kuroda explained why the central bank is not rushing to launch a CBDC. He said: We consider it important to prepare thoroughly to respond to changes in circumstances in an appropriate manner, from the viewpoint of ensuring the stability and efficiency of th...

Ethereum was trading above the $3,400 level for a third consecutive session, however bullish momentum has somewhat eased, as market uncertainty has gradually risen. With prices trading near resistance levels, bulls have pulled back, giving way to bears looking at re-entering the market. Bitcoin Bulls in BTC have also pulled back, as prices continue to hover close to recent resistance levels, with some fearing price reversals. Following a high above $48,100 earlier in the week, BTC /USD traded at an intraday low of $46,620.72 during today’s session. Bitcoin has climbed by as much as 10% in the last week, however this momentum has eased, leading to consolidation. Some believe we could see this reversal in price strength take us back towards the $45,000 level, but this could be a short-term retreat as bulls continue to target $50,000. Looking at the chart, the 14-day RSI has also begun to tail off, and is now close to its floor of 61, however should it not break below this level, ...

NB65, a hacking group affiliated with the Anonymous collective, has allegedly breached the servers of the Russian government-controlled television and radio broadcasting company. According to social media reports, the hackers are preparing to release hundreds of gigabytes of appropriated data. Russia’s Radio and TV Broadcaster Targeted by Anonymous The All-Russia State Television and Radio Broadcasting Company (VGTRK) has been reportedly hacked by NB65, a group linked to Anonymous, the international hacktivist collective which declared cyberwar on Russia in response to its invasion of Ukraine. Anonymous TV (@YourAnonTV), a Twitter account associated with the decentralized movement, broke the news on the microblogging network this week. According to its post, the hackers are going to publish almost 900 GB of leaked data on the internet. JUST IN: Hacking group ‘NB65’ ( @xxNB65 ), affiliated with #Anonymous has hacked and breached the VGTRK (All-Russia State Television and Radio Br...

PRESS RELEASE. Singapore, Singapore / Mar 31, 2022 / – APENFT Marketplace Testnet goes live on March 31, marking a historic moment in the evolution of the TRON NFT ecosystem. APENFT holds unique insights into the development of the NFT markets with a long-term commitment to collecting and managing artworks and crypto collectibles. Building a pragmatic and inclusive NFT platform that engages with the larger community has always been an integral part of APENFT’s roadmap. The launch of the APENFT Marketplace Testnet is one step closer to fulfilling this mission. To build a more inclusive and dynamic TRON NFT ecosystem and attract high-quality projects, APENFT Marketplace is establishing a $2 million prize pool for an exciting “sprint race” for all developers. This APENFT Marketplace Testnet Developer Sprint is among the many perks announced for the Testnet launch. The Developer Sprint will adopt a multi-stage task-completion model. During the Testnet phase, APENFT Marketplace will ...

The U.K. financial regulator, the Financial Conduct Authority (FCA), has extended its April 1 registration deadline for a number of crypto firms to meet its regulatory requirements. The British regulator has registered 33 crypto firms so far and 12 firms are holding temporary registration. FCA Extends Deadline for Crypto Firms The U.K.’s Financial Conduct Authority (FCA) updated information on the Temporary Registration Regime (TRR) on its website Wednesday, ahead of the April 1 registration deadline for crypto firms. The Temporary Registration Regime was established in December 2020 to allow existing crypto businesses that applied for registration before Dec. 16, 2020, to keep operating while the FCA continues to assess their applications. The FCA detailed: We have concluded our assessments, and the TRR will close on 1 April, for all but for a small number of firms where it is strictly necessary to continue to have temporary registration. “This is necessary where a firm may b...

A major cryptocurrency exchange in the UAE, Bitoasis, has obtained provisional approval from Dubai’s new cryptocurrency regulator. Binance and FTX have also been green-lighted by the regulator. Bitoasis Pursuing License From Dubai’s New Crypto Regulator Bitoasis, a major crypto exchange founded and headquartered in Dubai, announced Wednesday that it has received “provisional approval” from Dubai’s new crypto regulator, the Virtual Assets Regulatory Authority (VARA). Dubai adopted its first law to regulate the crypto sector earlier this month and established the VARA to oversee the sector. The provisional license allows Bitoasis to continue its business operations in Dubai while undergoing an in-depth process to obtain a full license. Bitoasis is the first virtual asset service provider (VASP) to operate from Dubai. The platform serves customers in the Gulf and Middle East. The company explained that it is registered with the central bank and is reporting anti-money laundering (A...

During the last month, Bitcoin’s hashrate has been coasting along above the 200 exahash per second (EH/s) zone, minus a number of drops here and there above and below that range. Following two difficulty changes that saw the difficulty decrease by 1.84%, the network’s difficulty is expected to increase 4.24% within the next 13 hours. Bitcoin’s Difficulty Expected to Reach All-Time High Bitcoin miners caught two breaks during the last month when the difficulty dropped two times in a row. The first 1.49% drop occurred at block height 725,760 on March 3, 2022, and the second decrease was a 0.35% drop, which occurred at block height 727,776 on March 17, 2022. The two consecutive drops made it 1.84% easier for all the mining participants to find BTC blocks. While the difficulty was 27.97 trillion prior to the two reductions, the current difficulty is 27.45 trillion on Wednesday morning at 8:00 a.m. (ET). Within the next 13 hours, the difficulty is expected to increase this time around,...

Using the world’s first AI utility token AITECH, Government Authorities, Megacorps, SMEs, and Professionals will be able to acquire AI services through Solidus’ Artificial Intelligence infrastructure. AITECH can be purchased, staked, or held as a long-term investment. Paul Farhi is the Founder and Head of UK Operations of Solidus AITECH . He recently joined the Bitcoin.com News Podcast to talk about the crypto business, play-to-earn games, metaverse, NFTs and much more: Paul is a born achiever and has very high standards in everything he does. He is a passionate entrepreneur and established himself as a successful investor very early on in his career. His main focus was on Property & Fine Art until he was introduced to Bitcoin in 2015 and since then has never looked back. During his career Paul has built a solid network and was instrumental in securing the partnership between Solidus Technologies and Soft Galaxy international. Paul is a forward thinker and identified very ea...

Following strong gains during Wednesday’s session, bitcoin and ethereum both saw prices consolidate below key resistance levels. BTC remained marginally above $47,300, with ETH trading close to $3,400. The global crypto market cap was 0.48% lower as of writing. Bitcoin Bitcoin saw its price consolidate during Wednesday’s session, following strong gains on Tuesday, which saw BTC rise to multi-month highs. However on Wednesday, BTC /USD fell to an intraday low of $46,746.21, as prices failed to sustain a breakout of the $48,080 ceiling. Today’s drop came as prices rose to a peak of $47,938.21. However, bullish momentum somewhat eased as bulls likely secured some earlier gains. Now the question will be whether or not these drops in price will persist, with bears looking to enter the market in order to lead a reversal in price strength. Looking at the chart, the 14-day RSI has also begun to tail off, and now tracks at 69, which is still overbought. Should bears look to move pric...

Bake N More, a Dubai-based cafe, has become the latest company from the region to add cryptocurrency as a payment option. According to the company’s owner, Mohammad Al Hammadi, Bake N More hinted at possible plans to pay employee salaries in cryptocurrency as well. A Hub for Crypto Users in UAE A Dubai-based cafe, Bake N More, has become the latest company to add cryptocurrency as another payment option available to customers. Despite taking this step, Bake N More will nonetheless continue to accept cash and credit card payments, the owner said. According to his remarks published in a report by Khaleej Times, owner Mohammad Al Hammadi suggested the decision to add crypto to the list of payment methods was made in order to expand Bake N More’s reach. Al Hammadi also claimed the decision was because they “want Bake n More to be a coffee and pastry hub for crypto users in UAE.” Elsewhere in the report, Al Hammadi is quoted explaining how Bake N More would charge clients that buy a...

PRESS RELEASE. London, UK: 30 March 2022 – Play-to-earn game, DeFi Kingdoms , has partnered with crypto payments infrastructure platform, Ramp to bring an even greater in-game payment experience to players. For one week only* players can enjoy zero fees when purchasing AVAX through Ramp. DeFi Kingdoms has been wildly popular, generating more than $1.6 billion in transactions in January 2022 alone. Today’s Ramp announcement comes as DeFi Kingdoms implements its cross-chain expansion to Avalanche. Originally built on the Harmony blockchain platform, DeFi Kingdoms plays out in a nostalgic form of fantasy pixel art. The DeFi Kingdoms ecosystem includes a game, an exchange, a native token, hero Non-Fungible Tokens (NFTs), and a liquidity pool. Through the Ramp partnership, DeFi Kingdoms players can enjoy multiple fiat-to-crypto payment options and top up their wallets or dApps instantly within the game. In particular, it will give players a fast and secure way to make in-game purchas...

The legal vacuum in the crypto mining sector must be filled “as soon as possible,” according to a statement by Russian Deputy Minister of Energy Evgeniy Grabchak. The government official also called for introducing regional quotas for crypto farms instead of regulating their business at the federal level. Russian Official Proposes Regional Energy Quotas for Crypto Miners Cryptocurrency mining needs to be regulated soon, Evgeniy Grabchak insisted during Russia’s first national conference of legal bitcoin miners, held recently in Irkutsk . The Siberian oblast, where electricity rates start at just $0.01 per kWh, has been dubbed “the mining capital of Russia” as coin minting in the region spiked after China cracked down on the industry last May. Quoted by Tass, Grabchak elaborated: The legal vacuum makes it difficult to regulate this field and establish transparent rules of the game. It needs to be eliminated as soon as possible… We have no other options in the current reality. The ...

The Argentinian Tax Agency (AFIP) is watching the movements of cryptocurrency traders and holders, to tighten its control over their transactions. The institution is now sending emails to Argentinian citizens asking for a series of data regarding supposed cryptocurrency operations made in their names. The agency requires the public keys of the citizen and a list of transactions made during a certain time period. Argentinian Tax Agency to Scrutinize Crypto Users The AFIP, the Argentinian tax watchdog, has decided to take the battle against cryptocurrency tax evasion directly to users of these currencies. While the agency had required information from exchanges before, the responsibility is now directed to certain users that have received a requirement to answer a series of questions regarding their history with digital assets. The requirement compels users to deliver data like the public keys of the wallets they are currently managing, and a list of digital asset movements that mus...

WAVES was undoubtedly Tuesday’s biggest gainer, climbing by as much as 50% during the session. Gains in WAVES came as well, as LUNA once again overtook SOL as the world’s eighth-largest cryptocurrency. RUNE was also a big mover today. WAVES WAVES was easily the biggest gainer during Tuesday’s trading session, as it rose to a new all-time high. This was the second consecutive session in which WAVES rallied, further cementing itself as the world’s 32nd largest crypto. Today’s peak saw WAVES/USD surge to an all-time high of $53.81, following a low around $31.9 in Monday’s session. Looking at the chart, these recent highs have come as prices moved beyond recent resistance of $33.71, which was in place for roughly ten days. Another ceiling which was broken was that of the 14-day RSI, where price strength rose past the resistance of 80.75, and now tracks at 89.38. It is clear that prices are currently overbought, however, while tracking at these levels in the past, we still saw furth...

Following Ross Ulbricht’s non-fungible token (NFT) sale that raised 1,446 ether or $6.27 million at auction, Ulbricht is dropping another NFT compilation called the “Growth Collection.” According to the announcement, the NFTs will be minted using the Bitcoin blockchain and will be auctioned at the Bitcoin22 conference in Miami on April 6-8. Ross Ulbricht Is Preparing Another NFT Auction That Includes Four Physical Oil Paintings and One Hand-Drawn Animation Ross Ulbricht is preparing to auction a new NFT collection on Satoshi Nakamoto’s birthday, according to an announcement sent to Bitcoin.com News. The latest NFT collection follows Ulbricht’s last NFT auction which was sold for 1,446 ether, or $6.27 million at the time of settlement. That specific collection was acquired by the Pleasrdao project and the collection was later fractionalized. The fractionalized NFT collection is the 9th-largest fractionalized NFT project with a market capitalization of around $2.68 million. On Octo...

On Tuesday, Digital Currency Group’s (DCG) mining subsidiary, Foundry Digital, announced the company has joined the Texas Blockchain Council (TBC), a nonprofit industry association in the state of Texas. Foundry detailed the newly formed alliance is aimed at Foundry’s efforts to “help shape the regulatory landscape for digital assets” in North America. Foundry Becomes a Texas Blockchain Council Strategic Partner Member The digital asset mining, staking, and advisory services firm Foundry Digital has announced it has joined the Texas Blockchain Council (TBC). The organization TBC is a group of individuals and companies dedicated to bitcoin and blockchain-related advocacy and public policy initiatives. “We exist to amalgamate the influence of our members, to advocate for blockchain-centric public policy initiatives, to educate members of government about the benefits of blockchain technology, and to provide subject matter expertise on topics related to blockchain and distributed le...

Bitcoin briefly hit a high above $48,000 on Tuesday, as prices of the world’s largest cryptocurrency rose for an eighth straight day. ETH was also trading higher during the session, with prices nearing their highest since January 5. Bitcoin Bitcoin reached the $48,000 level today, as the world’s largest cryptocurrency climbed higher for an eighth consecutive session. On Tuesday, BTC /USD rose to an intraday high of $48,086.84, as prices rose to their highest point since New Year’s Eve. Today’s move comes as bitcoin has sustained its upward momentum since breaking out of the then ceiling of $42,500 on March 22. Now on the cusp of yet another resistance at $48,200, BTC ’s recent streak will likely be tested, as bears will look to short at this point. Looking at the chart, history shows us that there have been previous bearish runs at this point, similar to January 2, and with prices currently overbought, there is some reason as to why a reversal could occur. Bulls will likely no...

Coinbase, a leading U.S.-based cryptocurrency exchange, is reportedly close to acquiring 2TM, the unicorn company that owns Mercado Bitcoin, the biggest crypto exchange in Latin America (Latam). The exchange has reportedly been in talks to acquire the company since last year, and the deal could be closed in April according to local media, seeing Coinbase expand its operations to Brazil. Coinbase Targets Expansion With 2TM Acquisition Coinbase, one of the first cryptocurrency exchanges traded on traditional stock markets, is aiming to expand its operations to Latam through purchases. According to reports coming from Estadao, a Brazilian publication, the company is in talks to acquire 2TM, the parent company of Mercado Bitcoin, a reference for cryptocurrency exchanges in Latam. The two companies are said to have been in talks since last year, and the deal might be closing next month, though there have not been leaks about the amount Coinbase has decided to pay for the Brazilian unic...

A South African museum, Liliesleaf Museum Heritage Site, recently raised $130,000 via the auction of a non-fungible token (NFT) created from an arrest warrant issued against Nelson Mandela in 1962. Proceeds From NFT Sale to Fund Museum Activities A non-fungible token (NFT) minted from the former South African President Nelson Mandela’s warrant of arrest was recently auctioned for $130,000 (1.9 million rands), a report has said. The proceeds are expected to help bankroll Liliesleaf Museum Heritage Site, an organization that documents South Africa’s fight for freedom and democracy. According to a Bloomberg report , Liliesleaf Museum Heritage Site had initially received the original document in 2004 as a donation. The warrant itself was issued in 1962 by South Africa’s then minority rulers after they accused Mandela of conspiring to overthrow the government. After holding the document for nearly 18 years, Liliesleaf Museum Heritage Site has again raised funds using an NFT which depic...

Solana reclaimed the eighth position in the crypto top ten, as ADA and DOT were both over 10% higher to start the week. Despite this, it was EOS and FIL which led today’s gainer, with FIL gaining over 30% in the session. Filecoin (FIL) FIL rallied by as much as 30% to start the week, as cryptocurrencies rose across the board during Monday’s session. The global crypto market cap was 6.5% higher on Monday, led by gains in FIL, which rose to an intraday high of $25.62. Today’s peak follows yesterday’s lows which saw FIL trading below the $20 level, following recent rallies from support of $17.50. From this support, FIL/USD continued to move beyond the resistance level of $23.30, with today’s high hitting its highest point since February 8. Looking at the chart, prices are currently overbought, as the 14-day RSI indicator is tracking at 75.10. This is the highest reading since September 6, and as such bears may be looking for an opportune time to push prices lower. EOS Although...

The total aggregate digital assets under management (AUM) surged to $48.7 billion in March, up from the $43.9 billion that was recorded in January, the latest data from Crypto Compare has shown. In contrast, the average daily trading volumes fell by 29.6% to $259 million during this period. BTC and ETH Products Lag Behind According to the latest data from Crypto Compare (CC), the total aggregate digital assets under management (AUM) topped $48.7 billion in March 2022. This latest AUM number represents an increase of $4.8 billion, or 11.1%, from the $43.9 billion recorded in January, the data shows. In its report , Crypto Compare also noted the surge in the total aggregate AUM had coincided with a period when bitcoin and ethereum-backed products had lagged behind. The report explains: Interestingly, Bitcoin and Ethereum backed products lagged behind others and basket, which saw the largest relative increase of 17.5% to $1.81bn and 9.46% to $773mn respectively. Meanwhile BTC and...

Bitcoin and ETH rallied on Sunday evening, as prices approached their highest level in almost three months. BTC climbed above $47,000, while ETH moved past the $3,300 point to start the week. Bitcoin Bitcoin started the week in strong fashion, with prices rising past $47,000 for the first time since the beginning of the year. On Monday, BTC /USD rose to an intraday high of $47,245, as prices rose to their highest point since January 2. Today’s move took place following the breakout of the $44,950 resistance level during Sunday’s session, with prices now targeting yet another ceiling. Bitcoin bulls will likely be looking towards the $50,000 mark as their next target, however they must first overcome resistance at $48,200. However, looking at the chart, the 14-day RSI indicator is now deeply in overbought territory, tracking at nearly 70, which is its most since October. This will likely be a huge obstacle for bulls to overcome, as price strength appears to have peaked, with ...

PRESS RELEASE. At a press conference last week, African founded cryptocurrency exchange , Quidax announced that it will be collaborating with popular record producer, Micheal Collins popularly known as Don Jazzy. The crypto start-up had launched an online campaign with #TheQuidaxCall . The campaign which started on Tuesday, 15th March saw Quidax reveal celebrities like; Diane Russet and Bisola Aiyeola, both of whom are actresses and are former reality stars of Big Brother Naija. They also unveiled popular actor Timini Egbuson and celebrity Chef, Gbubemi Fregene aka Chef Fregz as well as award-winning Jude Abaga better known as M.I Abaga. In the videos announcing the celebrities, an unknown person was seen to be making the calls to the celebrities. At the event, Don Jazzy was revealed to be the person making the calls to these celebrities. Quidax and Don Jazzy Speaking on why Quidax was partnering with Don Jazzy, Buchi said “Don Jazzy has been such a great personality and is some...

Rio de Janeiro, one of the most iconic cities of the South American continent, has announced it will allow its citizens to pay taxes with cryptocurrencies. This makes it the first city in the country to do so, recognizing there is a boom in the cryptocurrency market. These actions form part of a plan that sees the city investing some of its funds in crypto assets in the future. Rio de Janeiro Will Expand Its Tax Payment Options The city of Rio de Janeiro revealed a plan to introduce cryptocurrencies in its payment options for taxes. At a recent event where the mayor of the city, Eduardo Paes, was present, officers of the municipality announced the plan to start collecting cryptocurrencies for a municipal tax called the IPTU starting next year. This tax has to do with the properties of citizens and their value, and it is collected by the municipality. The initiative makes Rio de Janeiro the first city in Brazil to enable cryptocurrency payments for taxes. According to a press releas...

In a recently released document, the Bank of Ghana (BOG) outlines some of its key reasons for developing the central bank digital currency (CBDC). Also, in the document, the bank’s governor insists the institution is open to suggestions that will help it to successfully launch the digital currency. Benefits of a CBDC The Ghanaian central bank recently released a document that outlines the key motivations behind its plan to issue a central bank digital currency (CBDC). The document also touches on the digital currency’s design as well as the benefits it will bring to the Ghanaian economy. As previously reported by Bitcoin.com News, the Bank of Ghana (BOG) began developing its CBDC sometime in 2021 and there were hopes it would start piloting the digital currency before the end of that year. In August 2021, it was reported the BOG had selected Giesecke Devrient to become its implementation partner. Before that, Ghana’s vice president, Mahamudu Bawumia, had praised the central bank’...

Last week, non-fungible token sales saw an improvement after tumbling week after week in terms of sales volume. This week, NFT sales are down 2.15% from last week’s $544.6 million to this week’s $539.2 million. The top NFT collection in terms of weekly sales was the Azuki compilation of collectibles, as the project saw a 318% increase in sales during the last seven days. Weekly NFT Sales Drop 2%, Cronos and Solana NFT Sales Spike Data stemming from the non-fungible token (NFT) economy indicates that sales are down this week by 2.15%. Statistics indicate that NFT sales across 16 different blockchain networks recorded roughly $539.2 million in sales this week. Metrics from cryptoslam.io show that the blockchain Ethereum captured most of the week’s sales with $443 million settled. However, Ethereum-based NFT sales are down 7.36% this week. The blockchain with the most NFT sales this week is Cronos as the network obtained $1.3 million in NFT sales, up 236% in the last seven days. Fol...

As bitcoin has increased more than 5% in value against the U.S. dollar during the last week, in less than seven days, the 19,000,000th bitcoin will be mined into existence. Meanwhile, on Sunday morning, 81.79 bitcoin worth $3.65 million today and created in 2011, moved for the first time since sitting idle for more than 11 years. ‘Sleeping Bitcoin’ That Sat for Over a Decade Moved on Sunday, Data Shows 14 Spends from 2011 Occurred This Year On Sunday, March 27, 2022, the price of bitcoin ( BTC ) has increased 5.8% during the last week, 14.8% over the last two weeks, and 16.4% during the last month. Year-to-date, BTC is down 18.9% in value against the U.S. dollar and there’s 18,995,393 BTC in circulation today. During the morning hours on Sunday, $3.65 million worth of BTC that were mined in 2011, was moved for the first time in 11 years. The ‘sleeping bitcoin’ transactions were caught by the blockchain parser Btcparser.com . Data shows that the 50 BTC , that was sent on Sund...