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OKX Seals Fresh Deal With English Football Club Manchester City
It’s official, OKX will be training with English football champions, Manchester City. In an attempt to extend the partnership between the two entities, Seychelles-based cryptocurrency exchange OKX (formerly, OKEx) has revealed that it would be featured on the training garb of the Manchester City football club for the 2022-2023 season. OKX becomes first crypto entity […] дальше »
2022-7-11 14:09
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US Second Largest Electricity Provider Indicates Interest In Bitcoin Mining
Duke Energy Corporation, American energy, and natural gas firm is aiming to broaden its scope by tapping into the Bitcoin mining industry, as revealed by insider reports. The company is the second-largest electric provider in the United States, and an interest in Bitcoin mining could spell new heights for the industry. Bitcoin Mining, to an […] дальше »
2022-7-11 19:50
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KuCoin Shuts Down Rumors Of Halting Withdrawals And Claims That It’s Enabling Fraud In Roller Coaster Day
KuCoin has refuted rumors on Twitter over the weekend that it is planning to halt withdrawals due to undisclosed LUNA exposure even as it faces claims that it enables fraud. KuCoin’s CEO Johnny Lyu has taken to Twitter to refute rumors that the exchange is gearing up to halt withdrawals as fear, uncertainty, and doubt […] дальше »
2022-7-11 19:11
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Regulation of Crypto Markets Needed for Overall Financial Stability
In the recent Bank of England’s Financial Stability Report (July 2022), the Financial Policy Committee (FPC) reported that although crypto asset valuations have fallen sharply since the beginning of this year, this hasn’t posed immediate risks to the UK’s overall financial stability. дальше »
2022-7-11 18:58
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MiCA Regulations Score Badly On NFTs and Technology Neutrality – Crypto Experts
Cryptocurrency experts have voiced their concerns regarding the proposed European-wide crypto regulations known as the Markets in Crypto-Assets (MiCA), saying the regulations do not meet a technology-neutral approach that would be needed to prevent the stifling of innovations in the industry. дальше »
2022-7-10 18:46
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U.S. Bars Crypto Owners From Participating In Crypto Regulatory Matters
The United States Office of Government Ethics just recently issued an official memorandum barring owners of crypto assets who happen to be working under any US financial regulatory agencies or the government in general from participating in regulatory matters that pertain to assets in their portfolio. дальше »
2022-7-10 01:49
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Binance Obtains License To Operate In Spain
Binance, the world’s largest cryptocurrency exchange by trading volume, has disclosed the procurement of a registration license to operate as a Virtual Asset Service Provider (VASP) via one of its subsidiaries in Spain. дальше »
2022-7-9 23:53
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JPMorgan Lost These Three Execs To Crypto Firms This Week Despite ‘Crypto Winter’
In what seems like a crucially planned exodus, the top executives of the investment bank have secured positions in different firms within the crypto space notwithstanding the current Crypto Winter that has taken a toll on certain entities. дальше »
2022-7-9 21:21
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Billionaire Mike Novogratz Predicts Lower Lows For Bitcoin, Cryptos — But There’s An Upside
Mike Novogratz, the American billionaire, and CEO of Galaxy Digital has recently expressed his opinion on the prospects of crypto assets, especially Bitcoin, in what appears to be a tale of impending dark times with a glimmer of hope. дальше »
2022-7-9 19:53
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PrimeXBT: An Innovative Trading Platform For Experienced And Novice Traders
Because of the incredible depth and intricacies of the global financial market, the skill levels of investors and traders vary significantly across the board. As such, the needs of these different types of traders must be addressed equally. дальше »
2022-7-8 04:00
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‘The Web3 Vision Is Correct, The Technology To Make It Happen Needs To Get Built,’ Says Ex-Google CEO Schmidt
Ex-Google CEO Eric Schmidt has expressed support for Web3 and cryptocurrencies but believes the sectors need more polishing to deliver bleeding-edge performance. дальше »
2022-7-8 01:34
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US Department Of Justice Charges Six Persons In Crypto, NFT Scams
The US Department of Justice has indicted six different people allegedly involved in four unique scam schemes relating to cryptocurrencies. The scams are reported to have collectively swindled investors out of a whopping $135. дальше »
2022-7-8 20:27
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FTX CEO Says His Company Still Has A Few Billions To Save Troubled Crypto Companies
Sam Bankman-Fried has a bounty enough to go around for struggling crypto firms. The crypto billionaire has already given a lifeline to BlockFi and Voyager Digital running into millions of dollars. Bankman-Fried believes that the darkest days of the crypto winter are over. дальше »
2022-7-8 20:14
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Massive Bitcoin Outflows Rock Crypto Exchanges, Spelling Ultra-Bullish Sentiments For BTC
...despite weak price-action through June, Bitcoin had been withdrawn from exchanges at the most aggressive rate in history... дальше »
2022-7-8 19:01
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US SEC Chair Gary Gensler Says Bitcoin Is The Only Crypto He’s Willing To Label As A Commodity
US SEC chairman Gary Gensler speaking with Jim Cramer on CNBC has made it clear that Bitcoin is the only crypto he is willing to openly call a commodity. дальше »
2022-7-7 17:47
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Europe’s First Spot BTC ETF To Be Launched On Amsterdam’s Euronext Exchange
The Jacobi Bitcoin ETF is set to be the first spot Bitcoin exchange-traded fund in Europe. London-based exchange Jacobi Asset Management is planning a launch of the ETF in July to allow institutional and professional investors the opportunity to access Bitcoin’s performance for an annual management fee of 1. дальше »
2022-7-7 19:18
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The EU Agrees On A “Provisional Rulebook” To Tame The Crypto Wild West
After a 22-month-long wait for all-around crypto regulation, the EU parliament struck a provisional deal on July 1st, adopting a crypto rulebook that will be used to mitigate against potential risks. дальше »
2022-7-7 19:06
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Bank Of England Calls For Stricter Crypto Regulations As Crypto Markets Reel Under Pressure
The Bank of England has called for stricter measures to prevent financial risks posed by digital assets even as the global cryptocurrency industry market cap gets slashed by over half. дальше »
2022-7-7 17:20
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Whales And Miners In The Bitcoin Ecosystem Are Reacting Differently Under The Bear Market – Here’s How
Behaviors of miners, shrimps, and whales to BTC might have the answers to the question of where the asset price might go from here. дальше »
2022-7-6 01:20
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21Shares Establishes New Bitcoin ETP In Switzerland
21Shares AG, a Swiss financial technology company, has announced the launch of its new exchange-traded product (ETP) dubbed the 21Shares Bitcoin Core ETP. The ETP went live on Wednesday, trading on the SIX Swiss Exchange with the ticker CBTC. дальше »
2022-7-6 01:09
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Celsius Pays Off Over $120M On Its Bitcoin Backed Loan, Lowers Liquidation Price To $4,967
Besieged crypto-centric firm Celsius has continued to repay loans owed to various lenders as it charts a way forward to recovery. дальше »
2022-7-5 21:15
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FTX Close To Buying Troubled BlockFi After Entering A New Deal Worth Nearly $300 Million
BlockFi has signed a term sheet with FTX involving a $400 million credit facility and an option to buy. Depending on BlockFi’s performance in the coming months, FTX could acquire the firm for $240 million. дальше »
2022-7-5 17:57
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DeFi Protocol Exploits Presenting Opportunities for DeFi Insurance
The interest in Decentralized Finance (DeFi) over the past two to three years has made it one of the fastest-growing areas in the decentralized web ecosystem. DeFi generally refers to the provision of peer-to-peer financial services over mostly public blockchains, through the use of smart contracts thereby eliminating the need for financial third parties or […] дальше »
2022-7-5 17:46
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“We Have Zero Issues,” Circle’s Jeremy Allaire Says As Rumours Of USDC Collapse Surface
Jeremy Allaire, CEO of USDC issuer Circle has moved in to quell rumors of an impending USDC collapse following a crypto market deleveraging event that has seen some stablecoins lose their peg and lending firms get trapped in a liquidity crisis. дальше »
2022-7-5 16:45
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Binance Has The Largest Cash Reserves And Wants To Bail Out 50 Companies Going Through Crypto Bear Market
The exchange disclosed that it will be willing to lend a helping hand to crypto companies in financial distress. дальше »
2022-7-5 20:51
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Vauld Suspends Withdrawals Citing Tough Market Conditions – Here’s Why Lending Firms Are Folding Up
Vauld becomes the latest lending platform to capitulate under dire market conditions. The firm has halted withdrawals after customers began withdrawing their funds en masse. дальше »
2022-7-5 20:31
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ADA Predicted To Triple On Vasil Upgrade As Developers Finally Hard Fork The Cardano Testnet
With the latest progress, the mainnet upgrade could thus take place at the end of July or early August. дальше »
2022-7-4 17:16
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Bitcoin Whales And Investors Heavily ‘Buying The Dip’ At $19k Even As Miners Adopt Risk-Off Approach
Despite Bitcoin reeling from a massive deleveraging event and pulling back sharply to levels last seen in 2020, investors have found a small window of opportunity to add to their bags. дальше »
2022-7-4 22:26
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US-UK FIP June Meeting Signals Countries’ Interest In Digital Assets & Stablecoins
The US-UK Financial Innovation Partnership held its third Regulatory Pillar meeting on 29 June. Both countries’ representatives met in London to discuss subjects of mutual interest in the area of the growing industry of crypto assets and stablecoins. дальше »
2022-7-3 22:00
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Crypto Firms In The US Have Paid Over $3 Billion In Fines With The SEC Being The Largest Collector
Crypto firms have paid over $3 billion in fines to US authorities since Satoshi Nakamoto launched Bitcoin. BlockFi was slammed with the largest fine after it paid $100 million early in the year. Payment of fines suggests that the cryptocurrency industry is not as unregulated as critics paint it to be. The US Securities and […] дальше »
2022-7-3 21:42
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VanEck Takes Another Shot At Introducing Spot Bitcoin ETF
New York-based wealth manager VanEck has filed a fresh application with the U.S. Securities and Exchange Commission to gain approval for its spot bitcoin ETF. дальше »
2022-7-2 15:10
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Binance’s CZ Believes The Value Of Crypto Is Increasing, Despite Bear Market
Changpeng “CZ” Zhao, Chinese-Canadian business executive and CEO of the world’s largest cryptocurrency exchange, Binance, has stated that he believes the value of crypto is increasing. дальше »
2022-7-2 21:54
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Deutsche Bank Strategists Reveal The Real Reason Crypto Free Fall Is Likely To Continue
Meanwhile, analysts from Deutsche Bank believe cryptocurrencies are due for more pain. дальше »
2022-7-1 19:15
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FTX Reportedly Set To Buy Embattled BlockFi At 99% Below Company Valuation
FTX, a Bahamian cryptocurrency derivatives exchange, is reportedly close to finalizing a deal that will enable it to acquire embattled crypto lender BlockFi, a source said. The deal will see BlockFi bought at a price of $25 million – a rate roughly 99% below the company’s most recent valuation. FTX supported BlockFi with a $250 […] дальше »
2022-7-1 18:58
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Grayscale Flips The Script And Sues The SEC After Spot Bitcoin ETF Plan Rejection
The SEC rejected Grayscale’s application late Wednesday on the grounds that it did not do enough to shield investors from “fraudulent and manipulative acts and practices." дальше »
2022-7-1 19:41
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Cardano Finally Inches Towards ‘Game-Changing’ Vasil Mainnet Upgrade With New Proposal
Cardano wants to live up to its reputation as an Ethereum killer... дальше »
2022-6-30 23:40
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KuCoin Announces The Full Launch Of Its Web3 Wallet
In a press release on Tuesday, leading crypto exchange KuCoin announced the full launch of its Web 3 wallet. KuCoin revealed that it was now fully ready after an extended beta testing period of the wallet. дальше »
2022-6-30 23:27
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FTX Is Nearing A Deal To Acquire Troubled BlockFi As Sam Bankman-Fried Expands His Empire
FTX plans to buy a stake in BlockFi after previously extending an emergency line of credit. дальше »
2022-6-30 23:13
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BAYC’s Yuga Labs Files Lawsuit Against RR/BAYC Creator Ryder Ripps
Yuga Labs, the NFT company behind BAYC and MAYC, has filed a suit against American conceptual artist and creator of NFT collection RR/BAYC, Ryder Ripps, and his partner Jeremy Cahen. Yuga Labs claims the creative director is “scamming consumers by misusing Yuga Labs’ trademarks. дальше »
2022-6-30 22:55
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Bitcoin Plunges Below $20,000 Again As ECB Gears Up To Raise Rates ‘At A Faster Pace’
The sharp drop was triggered by a plethora of factors, key among them, a statement by the European Central Bank President Christine Lagarde detailing a plan to go harder on inflation. дальше »
2022-6-29 16:59
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BOE Deputy Governor Jon Cunliffe: Crypto Crash Survivors Could Become Future Amazons
Jon Cunliffe, Deputy Governor of Bank of England (BoE) for Financial Stability, posits an imminent emergence of institutional investors with the commercial might of e-commerce giants Amazon and eBay from the rumbles of the current crypto collapse. дальше »
2022-6-29 16:31
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Morocco’s Central Bank To Introduce A Crypto Regulation Bill Soon
Morocco has joined a growing list of countries pivoting towards drafting and passing comprehensive cryptocurrency laws, even as the adoption rate of digital assets in the North African country continues to surge. дальше »
2022-6-29 21:51
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Coinbase Stock Tumbles By Over 10% In A Single Day With Goldman Sachs Pulling The Strings
Coinbase is facing one of the sternest tests in its history with lay-offs and an internal shake-up. дальше »
2022-6-28 21:14
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Cardano Clinches Important Development Milestone As ‘$10 ADA’ Price Prospect Gathers Steam
Cardano's development team, Input-Output Global (IOG), has confirmed in a report on Saturday that the final node needed for the... дальше »
2022-6-26 20:11
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ECB’s Christine Lagarde Proposes A MiCA 2.0 To Cover Bitcoin, Staking, And Lending
President of the European Central Bank, Christine Lagarde, speaking with the European Parliament on Monday, has called on Lawmakers to start working on fresh crypto regulations to cover DeFi and Bitcoin as she fears that crypto will eventually grow to the point where it becomes a financial stability risk. дальше »
2022-6-26 19:40
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Cardano’s Charles Hoskinson Proposes Groundbreaking Approach To Crypto Regulation
Speaking on cryptocurrencies and blockchain technology in a congressional hearing on Thursday, Hoskinson proposed that... дальше »
2022-6-24 18:56
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Harmony’s ONE Token Nosedives Double-Digits After Hacker Drained $100M From Horizon Bridge
The Horizon Bridge to the Harmony layer-1 blockchain has been hit by a major security breach that saw an estimated $100 million worth of cryptocurrency successfully siphoned out of the protocol. дальше »
2022-6-24 15:30
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3AC Hires Legal And Financial Advisers To Help Avert A “Bankruptcy” Situation
Beleaguered Singapore-based cryptocurrency hedge fund Three Arrows Capital “3AC” has reportedly hired external financial and legal advisers to help work out a solution for its users and lenders, even as the firm battles impending bankruptcy. дальше »
2022-6-23 20:07
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Skybridge Capital’s Scaramucci Explains Why Investors Should Ride Out Cryptos In The Long-Run
Anthony Scaramucci, founder of American-based global investment firm, Skybridge Capital, in an interview with CNBC, urged onboarding the crypto train despite the plunging state of the crypto market. Scaramucci formerly worked in the White House as Communications Director. дальше »
2022-6-23 16:49
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eBay Seals Acquisition Deal Of NFT Marketplace KnownOrigin
The deal is meant to bring the concept of NFTs to a broader audience as it leverages eBay's reputation. дальше »
2022-6-22 20:56
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