Russian president Vladimir Putin today said that Russia has "certain competitive advantages" when it comes to mining cryptocurrencies such as Bitcoin, according to a transcript posted to an official government website while the central bank last week said that Bitcoin mining should be banned.His com

The executive board of the International Monetary Fund recommended that El Salvador stop using Bitcoin (BTC) as legal tender in the country due to the financial risks and liabilities created.The recommendation came in a report issued on Tuesday following bilateral discussions with El Salvador about

Is the panic over? Bitcoin and Ethereum are recovering from last week's price crash, while some altcoins are positively surging today. After crashing to their lowest prices since summer 2020 last week, Bitcoin and Ethereum have begun to recover. The world’s two biggest cryptocurrencies are both up a

China's government has begun rejecting trademark applications related to metaverse projects, including video gaming giant NetEase, streaming service provider iQiyi and social commerce platform operator Xiaohongshu according to numerous local media reports.Trademark applications containing yuan yuzho

The good news for developers is that the next time someone, usually a reporter asks them when Ethereum 2.0 is coming, they'll have an answer: Never. The Ethereum Foundation today, following the lead of the blockchain's core developers, announced that the term "Ethereum 2.0" is being retired in favor

Tesla and Spacex CEO Elon Musk has criticized Twitter for using its engineering resources to provide a non-fungible token (NFT) profile picture service. “Twitter is spending engineering resources on this bs while crypto scammers are throwing a spambot block party in every thread,” Musk said.Elon Mus

While the crypto market was bleeding heavily on the weekend, Solana experienced another network hiccup for 48 hours that caused panic among traders and DeFi users across the crypto community.48-hour Solana Network OutageThe Solana network has suffered multiple issues within the last few months, and

Russia must ban cryptocurrencies, the country's central bank said in a report released Thursday.The report, "Cryptocurrencies: trends, risks, measures," was presented during an online press conference with Elizaveta Danilova, the director of the Bank of Russia's Financial Stability Department.The re

Eric Adams, the recently sworn-in Democrat mayor of New York City, has confirmed that his first paycheck will be converted into crypto. To stand by his promise, Adams receives his first paycheck in two leading cryptos, Bitcoin and Ethereum. Per the announcement, Adams is also set to get a part of hi

The UK's Financial Conduct Authority (FCA) is set to strengthen its rules on how high-risk financial products, including crypto, are marketed.The regulator has issued draft rules this morning, proposing restrictions on the marketing of certain crypto assets. The rules essentially bar firms from prom