Core Ignition Drop Claiming Guide

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 The Core Ignition Drop, which started the rewards claim on June 10, 2024, allows Coretoshis (Core Community) to unlock incentives for their contributions and engagement in the Core Blockchain. The Incentives claimed by the participating community are based on their activities up from the day they join the program until the snapshot is taken. In this article, I will discuss how to participate in the Core Ignition Drop, its benefits, and more. What is Core Ignition? Core ignition is an incentive program developed by the Core Foundation to jumpstart the growth of the DeFi ecosystem on Core Blockchain, the program started on March 11th, 2024, and will continue for six months, providing ample time for users to participate and reap the benefits, rewarding the community for their contributions to the network. By participating, users can earn rewards while simultaneously helping to fuel the growth and adoption of the Core ecosystem. The Core Ignition Program is for both ecosystem users and We
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Russian authorities set to regulate cryptocurrency

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Russian authorities are set to recognize digital assets as a form of currency and regulate it.

According to a Russian newspaper Kommersant, reported that the Russian government is expected to unveil ways to regulate cryptocurrency by February 18.

As Kommersant quoted that the government and the Bank of Russia have reached an agreement on how to regulate Cryptos. They are now preparing a draft law that will define crypto as an "analogue of currencies" rather than as digital financial assets.

The report also stated that it will only be possible to use crypto "in the legal sector" with full identification, through the blanking system, or via licensed intermediaries.

This happened after the Russian president Vladimir Putin had aimed for cryptocurrencies regulation in January said "Russia had advantages in crypto mining."

Stating by Kommersant report suggesting that fines will also be levied on those who illegally accept crypto as a means of payment.


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