We’re thrilled to announce that Kraken now supports Convex Finance (CVX), Frax Share (FXS), Multichain (MULTI), Powerledger (POWR), PlayDapp (PLA), Quant (QNT), Rubic (RBC), SuperRare (RARE) and Tokemak (TOKE)! Funding and Trading Funding is live, and trading will begin on March 29 at approximately 15:30 UTC. Keep an eye on the status page for updates. …
A high-ranking government official in Malaysia has refuted claims that the country wants to recognize crypto as legal tender. According to the Deputy Finance Minister of Malaysia, the country does not intend to adopt crypto as legal tender. Mohd Shahar Abdullah made this known in parliament on Thursday, March 24th, suggesting a number of issues …
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Key Takeaways Federal Reserve chair Jerome Powell highlighted the risks of crypto and digital finance during a speech on Wednesday. He said that regulations were not designed for digital finance, and that regulations must be updated and created anew. Powell also discussed concerns around financial stability, investor protection, and illicit activity as related to cryptocurrency. …
Jerome Powell Highlights Risks of Digital Finance Read More »
Last week, Togo became the first African country to land Equiano, Google’s subsea internet cable for Africa. The cable, which is part of the tech giant’s $1 billion investment in Africa, will land in Nigeria, Namibia, and South Africa later this year. What good will it do for Togo, a country of 8 million people? …
How will Togo make the most of managing Google’s Equiano cable? Read More »
Europe has a Russia-sized hole in its natural gas supply, and the US wants to help fill it. Today (March 25), US officials agreed to supply the EU with an additional 15 billion cubic meters of liquified natural gas by the end of 2022, to offset imports from Russia. It’s a nice political gesture, as Europe scrambles for …
The US wants to send more gas to Europe, but has almost none to spare Read More »
US gas prices are at their highest levels ever. During the week of March 14, national averages peaked at $4.32 per gallon, double the average in 2020, thanks to an unexpected surge in consumer demand for gasoline last year and supply shocks following the Russian invasion of Ukraine. As a result, it’s now three times …
It’s now three times cheaper to fuel an electric car than a gas-powered car in the US Read More »
Russia’s list of gas buyers is shrinking. The US and the EU today (March 25) announced a deal for the US to supply Europe with at least 15 billion additional cubic meters of liquid natural gas (LNG) by the end of the year. Even if this happens, it won’t cover all of Europe’s demand—Russia supplies 40% of the …
Russia needs Indian energy buyers more than ever now Read More »
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