2022-10-12 11:00 |
Financial Stability Board plans could see stablecoins forced to centralize and crypto conglomerates broken up. origin »
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A curated weekly summary of forward-focused crypto news that matters. This week, the Binance chain suffers a major hack and is forced to close, The market predicts another large interest rate hike in the United States, and Bitcoin lightning network firm Strike announces a major capital raise despite bearish market conditions.
2022-10-10 14:01 | |
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The BNB Chain — composed of BNB Beacon Chain and BNB Smart Chain (BSC) — resumed operations on Friday after an overnight malicious attack that allowed hackers to make off with at least $100 million in digital assets and forced the network to hit the brakes.
2022-10-7 15:09 | |
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The details of the withdrawal will reportedly be part of upcoming court filings, and it's possible the founder and former CEO of the crypto platform could be forced to pay it back.
2022-10-3 04:51 | |
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Crypto mining data center company Compute North is the latest casualty in the ongoing harsh crypto winter that has of late forced some of the biggest crypto companies to close shop. Compute North filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Southern District of Texas on Friday, citing mounting pressure […]
2022-9-25 15:57 | |
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Several of the largest decentralized finance (DeFi) projects, though surviving the crypto winter, have been forced to solicit funds from their own decentralized autonomous organizations. The post DeFi Projects Request Retroactive Funding Amid Downturn appeared first on BeInCrypto.
2022-9-8 19:30 | |
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Troubled crypto lender Hodlnaut has been placed under interim judicial management in Singapore three weeks after it was forced to freeze withdrawals due to "difficult market conditions".
2022-8-30 10:17 | |
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Cryptocurrency exchange Zipmex has appointed a restructuring and financial firm to assist with a recovery plan after it was forced to halt withdrawals and seek protection from creditors.
2022-8-26 13:52 | |
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The collapse of Terra [LUNA] foisted upon the general cryptocurrency market ‘extreme market conditions’ that have forced many major crypto lenders to declare bankruptcy. Furthermore, the past The post BTC posted third week of outflows- What could it mean for investors appeared first on AMBCrypto.
2022-8-24 05:30 | |
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Singaporean law offers temporary protection against any legal proceedings and claims, which the company believes would provide a breathing space to focus on its recovery plan.
2022-8-17 11:27 | |
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While leverage boosts returns, it exposes traders to forced liquidations, which inject volatility into the market.
2022-8-12 11:27 | |
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The past actions of bad actors has forced the country's regulators to take a tough stance on crypto exchanges.
2022-8-11 00:20 | |
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Unfavorable market conditions have forced German-based crypto bank Nuri to file for insolvency. The post Germany-based Nuri files for insolvency, CoinFlex kicks off restructuring process appeared first on CryptoSlate.
2022-8-10 14:30 | |
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Prolonged economic sanctions against the Islamic state have forced Iran to start using crypto as a medium of exchange for international trade deals.
2022-8-11 07:53 | |
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The bear market has forced multiple organizations to cut their workforces, hurting morale and weakening the companies; BTC, ETH soar.
2022-7-28 02:05 | |
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French regulations that ban the marketing of cryptocurrencies and crypto companies forced Formula (F1) teams to remove their crypto company sponsors from the cars, while RacingNews365 reports that an EU-wide crypto marketing ban might be coming.
2022-7-27 06:00 | |
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Liquidity issues in the crypto market have forced some of the larger companies in the space to post transparency reports addressing the ongoing crisis. The post BlockFi has $1.8B in outstanding loans, $600M of which are uncollateralized appeared first on CryptoSlate.
2022-7-23 19:00 | |
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As a bear market sweeps the crypto industry, CoinDesk is keeping a running list of industry players that have been forced to cut back on staff.
2022-7-22 21:20 | |
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Adam Neumann's Flowcarbon has been forced to halt operations and rollouts of new products amid the current crypto bear market. The post Flowcarbon Suspends Token Rollout, Cites Market Instability appeared first on BeInCrypto.
2022-7-17 14:30 | |
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As the search for an elusive Bitcoin bottom continues, at least one United States miner was forced to liquidate a portion of its holdings in June.
2022-7-9 21:45 | |
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Victims from crypto exchange Mt. Gox hacked could finally see compensation for their lost Bitcoin. Almost a decade after an attack forced the platform to shut down, users began a long litigation process which could be which could bear fruit in the next coming months.
2022-7-8 22:28 | |
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One of the top crypto mining companies, Core Scientific, sold 79% of its Bitcoin holdings in June to survive the bear market. The post Mining giant is forced to sell-out 79% of BTC to pay debt appeared first on CryptoSlate.
2022-7-7 06:30 | |
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Crypto Briefing explores whether Starry Night Capital will be forced to liquidate its prestigious NFT collection and the impact that such an event could have on the NFT space. 3AC...
2022-7-5 15:48 | |
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Current downtrends in crypto prices have forced many digital asset service providers to reduce their staff to survive in a time when low trading volumes have reduced revenue. Despite the market currently facing significant lows, industry leaders are speculating there is no light ahead, and the market will remain low for the whole of next […]
2022-7-5 23:00 | |
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Electricity consumption on some of the biggest crypto networks dropped by as much as 50%, as depressed token prices forced miners to shut shop, according to the Guardian. The post Crypto downturn sees electricity consumption on Ethereum plunge by 50% appeared first on CryptoSlate.
2022-6-24 22:30 | |
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Voyager Digital, one of the crypto brokers in the market that extended loan facilities to Three Arrows Capital (3AC), says it might be forced to issue “a notice of default” to the embattled crypto hedge fund.
2022-6-23 16:54 | |
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The Bitcoin mining sector has been impacted by BTC’s price downside price action. This has forced BTC miners to reduce their inventories, which could lead to constant selling pressure on the crypto market and reduce their leverage positions.
2022-6-22 21:00 | |
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The crypto markets have been moving in a lackluster manner for several months. Different industry participants are bracing for a crypto winter, and Bitcoin miners notorious for holding on to their Bitcoin rewards are being forced to sell to keep the lights on.
2022-6-18 14:34 | |
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Inner Mongolia's policy of closing cryptocurrency mines has slowed dramatically since last Sept. Since then just four have been forced to shut. The post Inner Mongolia Closure of Crypto Mining Operations Starts to Slow appeared first on BeInCrypto.
2022-6-14 19:00 | |
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The amount of Bitcoin transferred from mining companies to crypto exchanges has hit its highest levels since February. Miners Under Pressure Bitcoin miners appear to be capitulating. Several metrics suggest...
2022-6-6 14:47 | |
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Niagara Falls residents have raised issues related to noise pollution about a bitcoin mine. Then another one exploded.
2022-5-21 21:25 | |
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Niagara Falls residents have raised issues related to noise pollution about a bitcoin mine. Then another one exploded.
2022-5-23 21:25 | |
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Users of an Atlanta-based crypto exchange are yet to receive their assets after the exchange was forced to shut down its doors. T The post Atlanta-Based Crypto Exchange Still Owes Clients 4 Years After Closing appeared first on BeInCrypto.
2022-5-11 14:00 | |
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Western sanctions have forced beleaguered Russian journalists to turn to cryptocurrencies to keep their operations running. The post Western Sanctions Force Russian Journalists to Solicit Crypto Donations appeared first on BeInCrypto.
2022-5-11 19:30 | |
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Leading Crypto Exchange Binance launched a “Binance Refugee Crypto Card” for displaced Ukrainians. This card is issued for existing as well as new Binance users who have been forced to relocate to European Economic Area (EEA) countries due to the war between Russia and Ukraine.
2022-4-28 04:00 | |
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The company has decided to begin accepting PoS crypto again after an outcry against Bitcoin forced it to suspend donations earlier this year.
2022-4-13 04:08 | |
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Twelve crypto firms on the FCA’s temporary register could be forced to move abroad in the face of the FCA registration deadline. Companies have decried the sluggishness of the FCA to respond to applications.
2022-4-1 12:08 | |
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Crypto firms in the United Kingdom could be forced to cease operation by next week as the deadline for registration with a foremost financial regulator in the country looms. The post Crypto firms face critical deadline in the UK appeared first on CryptoSlate.
2022-3-25 09:00 | |
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A few weeks ago, Australia’s richest man, Andrew Forrest, was forced to file criminal charges against Meta for allowing crypto scam ads with his name and age. The post Facebook sued in Australia for fake crypto ads appeared first on CryptoSlate.
2022-3-19 03:30 | |
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Typically, in the world of cryptocurrency, borrowers are forced to overcollaterise in order to take out a loan. Given the volatility of crypto, this is intuitive – overcollaterisation helps reduce the chance of the collateral being worth less than the loan in the event of a market drop.
2022-3-15 22:27 | |
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The protesting Canadian truckers have been forced to turn to Bitcoin (BTC/USD), and other cryptocurrencies as funding platforms such as GoFundMe sized their donations due to increased pressure from the Canadian government.
2022-2-19 17:33 | |
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Kraken’s CEO admitted that the firm could be forced to freeze some wallets by the police, advising to move crypto out of exchanges.
2022-2-19 16:34 | |
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BlockFi may be forced to dig deep into its coffers and pay fines of up to $100 million. According to credible grapevines, the U. S. Securities and Exchange Commission is looking to slap the crypto lending platform $50 million for providing unregistered securities.
2022-2-14 04:32 | |
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2021 opened the floodgates of the crypto sector, and countries all over the world were forced to grapple with the rise of this technology in its myriad forms. With crypto journalists reporting on everThe post Grayscale CEO helps investors scale down by pointing out these five crypto trends appeared first on AMBCrypto.
2022-1-7 16:30 | |
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Lucrative Bitcoin mining is reportedly on the upswing in Thailand–thanks to cheap leftover hardware purchased from China, Al Jazeera reported. Over 50% of the industry was forced to relocate in May after China imposed a ban on mining crypto, and while big operations found their new bases in countries like the US, Kazakhstan, and Canada, […] The post Thailand’s small entrepreneurs tapped into lucrative Bitcoin mining–buying up rigs from China appeared first on CryptoSlate.
2021-12-31 09:30 | |
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2022 will be known as the year when the cryptocurrency market became the financial industry’s next big thing. New York to Beijing’s financial regulators all have been forced to take the crypto market seriously or risk being left behind.
2021-12-29 14:00 | |
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Binance battles with financial regulators around the world have been well documented with the crypto exchange forced to embrace a more friendly approach towards the demands of these regulators. The post Crypto exchange Binance lost 3% of its customers due to KYC demands appeared first on CryptoSlate.
2021-11-19 17:00 | |
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The effect of China’s crypto ban on the country’s digital asset economy is profound as new statistics have revealed that at least 20 crypto-related firms have been forced to either suspend their services to Chinese users or close off their businesses entirely.
2021-10-12 10:00 | |
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Another Chinese crypto exchange is shutting down, forced to quit the business due to the new crypto ban
2021-10-8 13:01 | |
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Meanwhile, senators Pat Toomey and Ron Wyden are calling to “fix” crypto tax provision in the bipartisan infrastructure bill. The post Developers and Miners ‘Not’ Forced to Comply, says Spokesperson of Sen.
2021-8-3 16:14 | |
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The Labour government said the bill will give owners of bitcoin and other digital assets greater legal protection.
U.K. Prime Minister Keir Starmer appointed Tulip Siddiq as the City Minister, a role that oversees financial services including crypto.
Taiwan's crypto advocacy body, the Taiwan Virtual Asset Service Provider Association, has been formally established and the founding meeting held with 24 cryptocurrency-related entities.
The exchange could return as a FIU-registered firm after paying the fine, the report added.
This is the third test for the Province's new tool to combat money laundering.
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.
India's most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.