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In response to the growing demand for energy in the Proof-of-Work protocols, abbreviated PoW, there has been a trend towards staking. In short, staking is the act by which an investor assigns and blocks a certain amount of crypto in a protocol in order to receive rewards in return. Users can secure their network by […]
The post Staking and Proof of Stake – What do these terms mean? appeared first on Whaletank Blog - Market Maker News.
In an annual report released on Friday, the U.S. Financial Stability Board, or FSOC, expressed concern about the adoption of stablecoins and other digital assets. A call coming from the council asks for much closer cooperation between the federal and state authorities in the United States of America with regard to the regulation of cryptos. […]
The post FSB identifies stablecoins and crypto as threats to the financial system appeared first on Whaletank Blog - Market Maker News.
The United Arab Emirates (UAE) continues to emerge as one of the largest cryptocurrencies-friendly jurisdictions in the world, as the Dubai government has begun to take a new initiative in order to support the development and regulation of cryptocurrencies, and now by through it Dubai World Trade. Dubai World Trade Centre (DWTC), which is a […]
The post Dubai World Trade Centre will become a crypto hub and regulatory body appeared first on Whaletank Blog - Market Maker News.
On Thursday we’ve seen a lot of controversial reports on the state of the crypto-regulatory matter appear in Russia. First, we saw a Reuters report which indicated that Russia’s Central Bank is seeking a cryptocurrencies ban, placing the reasoning for this on the risks in regard to financial stability and the explosive volume of transactions. […]
The post Russia between cryptocurrencies ban or legalize trading in 2022 appeared first on Whaletank Blog - Market Maker News.
Myanmar’s shadow government, the National Unity Government (NUG), led by supporters of the now incarcerated leader Aung San Suu Kyi, has recently declared that the US-based Tether (USDT) stablecoin is now an official currency for local use. Tether, or USDT, is a stablecoin – which means its value is linked to that of the dollar, […]
The post Myanmar Shadow Government Declares USDT as Official Currency appeared first on Whaletank Blog - Market Maker News.
Tesla CEO Elon Musk believes that Bitcoin (BTC) is not as good for day-to-day payments as the famous meme-based cryptocurrency, Dogecoin (DOGE). Musk compared BTC, the world’s largest cryptocurrency, to DOGE, in a recent interview with Time Magazine shortly after being named Person of the Year 2021 by Time. Fundamentally, bitcoin is not a good […]
The post Elon Musk bets on Dogecoin again appeared first on Whaletank Blog - Market Maker News.
Unathi Kamlana, who is the commissioner of the South African Financial Conduct Authority, has talked about the government’s launch of a crypto framework that would be aimed at mitigating any potential highly risky cryptocurrencies. According to a report from Bloomberg on Friday, Unathi Kamlana said that the financial regulator intends to introduce a regulatory framework […]
The post South Africa to protect investors against highly risky cryptocurrencies appeared first on Whaletank Blog - Market Maker News.
The Bank of Thailand has stated that it does not want the commercial banks in the country to be directly involved in the trading of cryptocurrencies. The edict came right from the central bank’s chief executive, Chayawadee Chai-Anant, on Dec. 7, citing risks associated with high price volatility, according to cointelegraph “We don’t want banks […]
The post The Bank of Thailand prevent banks from cryptocurrency trading appeared first on Whaletank Blog - Market Maker News.
Due to the recent lack of electricity in Iceland, Landsvirkjun, the country’s main energy supplier, has decided to reduce the supply of some industrial customers, including aluminum smelters, data centers, fish meal factories and Bitcoin mining companies. The drop, which took effect immediately, was caused by low hydro reservoir levels, a power plant difficulty and […]
The post Iceland is blocking new Bitcoin mining due to a lack of energy appeared first on Whaletank Blog - Market Maker News.
The 2021 Independent Reserve’s Cryptocurrency Index (IRCI) survey of 2,000 people has found that the percentage of surveyed Australians holding cryptocurrencies at some point has reached 28.8%, compared to 18.4% in 2020. The results suggest that the growth of the sector is mostly driven by the positive experience of those who own crypto, 89% of […]
The post Survey: Massive increase in Australians holding cryptocurrencies appeared first on Whaletank Blog - Market Maker News.
“El Primero”, which means “The First” in Spanish is the first “live” NFT that immortalizes a huge economic moment in the history of Science Fiction by merging future technology with the history of Star Trek. Star Trek producer Gene Roddenberry’s signature has gone boldly where no NFT has ever reached – in the code of […]
The post Star Trek goes where no other NFT has reached: DNA appeared first on Whaletank Blog - Market Maker News.
The UAE postal operator is starting to issue nonfungible token NFT stamps to commemorate the federation’s 50th National Day, providing further proof that digital collectibles are gaining global appeal. Emirates Post Group, or EPG for short, announced this week that it has become the first postal organization in the Middle East and North Africa to […]
The post UAE Posts First Middle NFT Stamps in the Middle East appeared first on Whaletank Blog - Market Maker News.
The Bank of England, as we all know by now, is not in any way a big fan of Bitcoin or the adoption of Bitcoin growing in countries around the world, such as El Salvador. The governor – Andrew Bailey – repeatedly expressed his concerns over the time, but this time, the president of El […]
The post The President of El Salvador defend the adoption of Bitcoin appeared first on Whaletank Blog - Market Maker News.
Three German political parties agreed this week to a coalition agreement that will see the left-wing Social Democrats (SDP), the Green Party and the right-wing Democrats take over the reins in December this year. According to a roughly 177-page translation of the agreement released Wednesday, the coalition calls for a new “dynamic in relation to […]
The post The new German government quotes crypto in the coalition agreement appeared first on Whaletank Blog - Market Maker News.
NFT, the abbreviation for “non-fungible token”, which designates a certificate of authenticity associated with a virtual object, has been designated by the Collins English Dictionary as the word of the year 2021, from a shortlist that included terms such as “pingdemic”, “climate strike” and others, informs The Guardian. The abbreviation “NFT” registered a huge increase […]
The post NFT has been designated the English word of the year 2021 appeared first on Whaletank Blog - Market Maker News.
The exodus of Bitcoin miners from China to Kazakhstan has contributed to an energy crisis that the president of the Central Asian country will be trying to solve by using nuclear energy. Kazakhstan’s energy ministry has been blaming bitcoin miners for the astonishing 8% increase in domestic electricity consumption during 2021. The country has received […]
The post After China’s ban of Bitcoin miners, Kazakhstan seeks nuclear solution to resolve energy crisis appeared first on Whaletank Blog - Market Maker News.
The team behind the Floki Inu (FLOKI) symbol – inspired by Elon Musk’s pet dog of the same name – has signed a sponsorship deal with Italian football giant SSC Napoli. SSC Napoli was founded in 1926 and is one of the most popular professional teams in Italy. The club won its first Serie A […]
The post Floki Inu sponsors the SSC Napoli football team appeared first on Whaletank Blog - Market Maker News.
Bitcoin city – El Salvador is currently the only country where Bitcoin is the legal means of payment. This movement has witnessed many developments as well as some rejections. Amid protests, technical errors, and the inevitable volatility of the market, El Salvador continues to stimulate the adoption of BTC. In the latest move to adopt […]
The post El Salvador announces the first Bitcoin city in the world appeared first on Whaletank Blog - Market Maker News.
Adoption of Cryptocurrencies – After a lot of cryptocurrency-related debates, mainly regarding the “dangers” of unregulated crypto markets, such as the potential of cryptocurrencies being used to facilitate money laundering or fund various criminal organizations, the Government of India seems to be ready to regulate cryptocurrencies. On the other hand, it seems like the Indian […]
The post India is a step closer to the full adoption of Cryptocurrencies appeared first on Whaletank Blog - Market Maker News.
Tim Massad, who served as chairman of the Commodity Futures Trading Commission until 2017, said the United States is too slow to develop a plan to modernize its payment methods – CBDC. In a hearing at the Joint Economic Committee on the role of digital assets in government which took place on Wednesday, Massad said […]
The post US is not moving fast enough to develop its own CBDC appeared first on Whaletank Blog - Market Maker News.
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