Browsing Archive July, 2022
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El Salvador’s Bitcoin wallet Chivo scores $52M in remittances in 2022
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El Salvador payment app Chivo processed $52 million in remittances over the past 6 months, as expatriates make use of commission-free BTC transfers.

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Bear market delivery! Bitcoiner rejoins DoorDash to buy more BTC
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A software developer from Ohio is taking on extra work at Door Dash to grow his stack of Bitcoin.

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Ethereum Name Service registrations surge by 200% amid lower gas fees
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ENS domain registrations went from 11,042 to 29,727, as the domain “000.eth” was bought for 300 ETH.

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85% of merchants see crypto payments as a way to reach new customers: Survey
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The crypto payment report noted that crypto payment fees are around 1%, which is much lower than other payment options that charge between 1.5% and 3.5%

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Korea and US agree to share investigation data on Terra-Luna
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The two nations have agreed to share their investigation data on the ongoing crypto-related cases including Terra Luna.

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Crypto tax deters 83% Indian investors from crypto trading: WaxirX report
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With two consecutive taxes ready to eat away at their holdings, most Indian investors have seemed to have opted for hibernation amid an unforgiving bear market.

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Bitcoin price approaches potential springboard to $23K as DXY cools surge
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With support and resistance inches from spot price, BTC/USD has increasingly little room to consolidate.

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Virginia county Fairfax commits $35M to Van Eck crypto lending fund
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Fairfax County continues its cryptocurrency investment endeavors through VanEck crypto lending fund, exploring the world of yield farming through the asset ...

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Voyager Digital files for Chapter 11 bankruptcy, proposes recovery plan
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Voyager Digital has joined the growing list of CeFi firms hurting as a result of exposure to Three Arrows Capital and declining crypto asset prices.

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