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Russia’s Famous Hermitage Museum Aims to Raise Funds With NFTs

Russia’s Famous Hermitage Museum Aims to Raise Funds With NFTsThe Hermitage Museum in Saint Petersburg is considering issuing NFTs for works of art from its rich collection and is holding talks with Binance on the matter. The museum’s management expects the tokens to bring extra funding, provided Russian authorities exempt NFTs from current digital assets regulations. Hermitage Museum in Talks With Binance for Artwork […]

Will Banks Survive? Bank of England Prepares to Launch CBDC if Innovation Stalls

Korean Government Confiscates $47 Million in Crypto From Tax Evaders

Korean Government Confiscates  Million in Crypto From Tax EvadersSouth Korean authorities have identified thousands of tax evaders as part of an intensifying crackdown on tax dodging among crypto investors. Following a prolonged investigation, the government has reportedly seized cryptocurrency worth millions of dollars. Tax Agents Target Wealthy Tax Evaders in Greater Seoul Area More than 53 billion Korean won ($47 million) in crypto […]

Will Banks Survive? Bank of England Prepares to Launch CBDC if Innovation Stalls

Hedge Funds Aim for $300 Billion in Crypto Assets Within 5 Years, Survey Shows

Hedge Funds Aim for 0 Billion in Crypto Assets Within 5 Years, Survey ShowsHedge funds are likely to significantly increase their crypto holdings, a global poll of chief financial officers has indicated. According to an average figure based on their forecasts, the funds will keep more than 7% of assets in cryptocurrency within the next five years. Hedge Fund CFOs Expect Sizable Increase in Crypto Investments The survey, […]

Will Banks Survive? Bank of England Prepares to Launch CBDC if Innovation Stalls

Bitcoin Whale Count Shrinks- Speculators Assume Trickle Distribution or Possible Address Reorganizations

Bitcoin Whale Count Shrinks- Speculators Assume Trickle Distribution or Possible Address ReorganizationsThe price of bitcoin has seen better days, as the coin’s value hit $59,600 four days ago and then saw the exchange rate tumble to a low of $45,700 per unit on May 12. There have been talks of whales selling coins and data shows that there’s been some large wallet inflows. However, onchain data […]

Will Banks Survive? Bank of England Prepares to Launch CBDC if Innovation Stalls