GameStop Hiring Accountant For NFTs
The video game retailer GameStop is looking to hire an accountant who will work on non-fungible tokens (NFTs), cryptocurrencies and other applications that adopt blockchain technologies. The job posting made by the firm stated that the individuals applying for this role
Brazil Cracks Down On Crypto Related Financial Crimes
One of the main challenges that cryptocurrencies face is legitimacy. Many government officials link cryptocurrencies to fraudulent dealings such as money laundering and terrorism financing. However, different jurisdictions have developed a new and differing set of rules to ensure cryptocurrencies are
Number Of Bitcoin ATMs Surpasses 5000
Growing adoption of Bitcoin has created a steadily increasing need for Bitcoin ATMs to match the need for these digital currencies. North America alone has witnessed such a widespread explosion of these depots. This can only mean that more and more
Reddit Hints At Launching An NFT Platform
Social media giants have been looking towards non-fungible tokens (NFTs) in a bid to tap into this rapidly growing area. Facebook and Twitter are among the social media platforms that have already ventured into the NFT sector. As more proof
Estonia Proposal To Revoke All Crypto Licenses
While the rest of the world is showing a more open approach regarding crypto assets and their regulations, Estonian regulators have decided to crack down on all exchanges in the country. Financial market regulators in Estonia want to revoke all licenses
$BITO ETF Nears Futures Contract Limit Days After Launch
The ProShares Bitcoin Strategy ETF that started trading earlier this week has been having a field day. However, it now seems like the popularity that the ETF has gained in just a few days is overwhelming as the fund nears
Algorithm Bug Causes Bitcoin Flash Crash on BinanceUS
While Binance is the largest cryptocurrency exchange and is used by a large percentage of crypto traders globally, it is not short of mishaps that usually lead to traders critiquing the platform. The most recent issue on the exchange happened on
White Hat Hacker Receives $1.05 Million For Identifying Bug
Hacking attacks or attempts in the DeFi space have been on the rise this year. However, white hat hackers have stepped in attempting to help eliminate potentially nasty situations. Recently, the largest bounty to have ever been paid to a white
Nigerian Court Gives Green Light To eNaira CBDC
The Federal High Court of Nigeria has given the go ahead for the rollout of a Central Bank Digital Currency (CBDC). The regulator now joins the list of other global regulatory bodies that are approving the use of CBDCs as
Bank of England Says Crypto Rules A ‘Matter of Urgency’
Sir Jon Cunliffe, the Deputy Governor for Financial Stability at the Bank of England, has issued several recommendations on creating a stable crypto climate. The executive stated that a crash in cryptocurrency prices was “plausible” and that rules regarding crypto assets