Crypto Suffers Another Beating: Hong Kong-Based Babel Finance Halts Withdrawals

Babel Finance, based in Hong Kong, has temporarily halted withdrawals and redemptions of crypto assets on Friday, as the lender struggles to pay its investors as the ongoing bear market deals a heavy blow on digital currency assets. дальше »

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US lawmakers urge EPA to consider the potential benefits of crypto mining

“Digital assets, and their related mining activities, are essential to the economic future of the United States," said the group of 14 lawmakers. дальше »

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These Two Indicators Continue to Point to Bitcoin Being Bearish in Short Term

Bitcoin fell within week amid sell-off in global risk assets to reach low of $20,079 дальше »

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Finblox withdrawal restrictions trigger concerns from the community

Twitter user Gofortim2 called out to lending platforms to become more transparent and honest on where assets are deployed.

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Anthony Scaramucci Reveals Buying Crypto During Crash, Suggests Staying Disciplined

Many crypto investors have sold their assets due to the ongoing market volatility. However, the effects of the crash are still reverberating across all the exchanges and crypto firms. Some lost liquidity and couldn’t sustain users’ demands, while others downsized their staff capacity. дальше »

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Blockchain Intelligence Group launches NFT Explorer built on QLUE analytics

Blockchain Intelligence Group, the cryptocurrency compliance and intelligence company, owned by BIGG Digital Assets, today announced the launch of NFT Explorer, the first risk and investigation solution for NFTs, built on the QLUE data analytics platform. дальше »

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US Treasury Secretary Talks Crypto With Bank Chiefs

U.S. Treasury Secretary Janet Yellen is meeting with the CEOs of Wall Street banks Thursday to discuss the global economy and U.S. inflation, while also raising “the need for responsible innovation in digital assets,” according to the Treasury Department. дальше »

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Crypto exchange AAX plans to recruit more staff despite bear market

AAX (aax. com), a digital assets exchange platform with offices across the Asia-Pacific region, has announced plans to expand its services further. According to the company, this will happen via fresh recruitment of staff across hundreds of positions. дальше »

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Shiba Inu Ranks No. 1 In List Of Coins Americans Want To Sell, Survey Shows

Dog-themed coin Shiba Inu never fails to make noise. With the gripping crypto market crash happening, majority of American investors have hit the panic button and consider selling their digital assets – at which SHIB happens to top the list. дальше »

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Liquidity provider asks platforms to freeze 3AC funds to recover assets after litigation

Danny Yuan said that their team detected that $1 million was missing from their company's funds at Three Arrows Capital (3AC).

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Double-Digits Losses Are The Order Of The Day As Bitcoin Declines To $20,000

The crypto market crash has sent Bitcoin spiraling to $20,000. The pioneer cryptocurrency has in turn taken the market down with it, triggering massive losses. All digital assets in the market have not been left out of the onslaught. дальше »

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Gold Market on the Rise – AABBG Token and the Gold Crypto Opportunity

The current economic scenario has awoken the gold bulls on the financial markets. The fears of an economic recession and the currently high inflation are pushing the gold prices up. In this particular framework, investors seem to have a new weapon under their belt: gold-backed cryptocurrencies. дальше »

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Did A Bitcoin “Zig-Zag” Shake Out The Crypto Market?

Bitcoin price is shockingly close to its former 2017 peak, causing widespread panic, fear, and despair across the crypto market. But could the violent move down be a text book zig-zag correction? And if so, what does this mean for the crypto market next? Bitcoin Price Action Follows Deadly Zig-Zag Pattern Despite the narrative from 2020 forward that Bitcoin and cryptocurrencies had matured has an asset class, the recent collapse reminded the world that digital assets remain speculative. дальше »

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Ripple Partners With Lunu To Enable Luxury Retailers Accept Payments In Cryptocurrencies

Ripple has partnered with Lunu to enable luxury retailers to start accepting cryptocurrencies for payments. According to a Tuesday announcement, Lunu, a cryptocurrency payment services firm will leverage Ripple’s Liquidity Hub  “to accelerate the acceptance of crypto payments by optimizing the exchange of crypto assets to fiat in one place at competitive prices.” Launched in […] дальше »

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FINRA CEO welcomes crypto employees who were laid off as agency increases focus on digital assets

Financial Industry Regulatory Authority (FINRA) CEO Robert Cook talked about the agency’s direction towards the crypto market to understand and monitor cryptocurrencies and said that people recently laid off from crypto companies were welcome to join FINRA, Reuters reported June 14. дальше »

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Celsius Down By Over 85% This Year Following Bitcoin’s Crash

According to Protos, crypto lending platform Celsius has just 12% left of the Assets under Management (AuM) it declared in 2021. Celsius CEO had stated that the company owned $28. 6 billion in AuM, but as of today, 151,534 BTC is all that is left. дальше »

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Bill to ban digital assets as payment passed the first reading in the Russian parliament

The document bears several conceptual contradictions, trying to qualify security tokens as a monetary surrogate.

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Celsius Troubles, UST Collapse May Help Crypto Long Term, FSInsight Says

The crypto lender was notorious for promoting risk-free yields on client assets, the report said. дальше »

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Financial Planner Desperately Explains to Clients Why the Bitcoin Crash Is Good, Actually

Crypto is crashing, and bitcoin bros are having a tough week. In a long and winding thread, financial advisor and Coinbase commentator Isaiah Douglass laid out his case for why the currency's second major crash in two months is actually good news for people who've invested in blockchain assets. "I regret nothing," Douglass began in […] дальше »

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Tron’s USDD Stablecoin Slips Further From Dollar Peg — Despite Overcollaterized Reserve

Tron’s algorithmic stablecoin, Decentralized USD (USDD) remained below its intended price peg with the U.S. dollar on Tuesday even after the team behind the project rushed to shore up the currency with over $2 billion in reserve assets. дальше »

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By The Numbers: Bitcoin Suffers Largest Single Day Drop Since March 2020

The price of Bitcoin (BTC) has dropped by almost 30% in the last 7-days. The number one crypto by market cap dropped below critical support as macro-economic conditions worsen for risk-on assets. The general trend across global markets seems to point to the downside. дальше »

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Fighting Back: Here Are The Cryptocurrencies That Are Fending Off The Bears

Most cryptocurrencies in the market are suffering massive losses just from the downtrend of the last two days alone. It has not spared any digital assets regardless of whether they are big or small, as both leading cryptocurrencies in the market, as well as small cap altcoins, are feeling the heat. However, there are some […] дальше »

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Dogecoin Now Most Wanted Coin by BNB Whales as DOGE Enters "Extreme Fear" Zone

BNB whales are after Dogecoin as it returns as one of most purchased digital assets and enters zone of "extreme fear" дальше »

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XRP, Hinman's speech, Stuart Alderoty's comments- Making sense of it all

The SEC filed a lawsuit in December 2020 against San Francisco-based firm Ripple Labs. The fintech firm allegedly raised funds through the sale of digital assets known as XRP in unregistered securitiThe post XRP, Hinman's speech, Stuart Alderoty's comments- Making sense of it all appeared first on AMBCrypto. дальше »

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Celsius races to add more collateral to Maker as threat of liquidation looms

Crypto lending firm Celsius has been racing to top up its collateral on Maker to raise its assets’ liquidation price. The post Celsius races to add more collateral to Maker as threat of liquidation looms appeared first on CryptoSlate. дальше »

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Consensus 2022: Web3, unpacking regulations, and optimism for crypto’s future

Despite the crypto winter, the conference drew in 17,000 people to discuss the crypto regulatory landscape, Web3 development and the future of digital assets. дальше »

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«Why enough is enough»: Stuart Alderoty pointed to the need to eliminate the regulatory sludge

Ripple’s general counsel Stuart Alderoty pointed to the need to eliminate the regulatory sludge. Ripple’s general counsel Stuart Alderoty tweeted: 4 years since the (in)famous Hinman speech, and we’re nowhere closer on knowing how to classify digital assets in the... дальше »

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Survey Shows NFT Buyers Flipping Out Due To Profitability Issues

The place of non-fungible tokens has suddenly risen with the digital space over the past year. As a result, more people and brands embrace NFTs on different occasions with different purposes. Some businesses used the assets to create suitable advertisements and sensitize the public. дальше »

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As Celsius Network pauses asset transfers, the importance of self-custody reinforces

Celsius Network, one of the largest crypto lenders in the market, announced recently that it has paused withdrawals, swaps, and transfers of assets. Citing “extreme market conditions”, the company issued a memo to its community stating that its “ultimate objective is stabilizing liquidity and restoring withdrawals, swap, and transfers between accounts as quickly as possible.” […] дальше »

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How crypto market bloodbath triggered outflows over $100M over the past week

Just a week can completely change the entire outcome in the cryptocurrency market. A report posted on 7 June, revealed that digital assets witnessed inflows last week despite the bearish run. This infThe post How crypto market bloodbath triggered outflows over $100M over the past week appeared first on AMBCrypto. дальше »

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Less than a Month after Launching, Over 100 Token Pools Deployed on Bancor v3

A month after the successful deployment of Bancor v3 on Ethereum, over 100 token pools have deployed on the protocol. According to a statement on June 10, Bancor said the activation of the more than 100 token pools, in addition to the four initial pools, provides an opportunity for liquidity providers to supply assets without […] дальше »

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Bitcoin Weekly RSI Sets Record For Most Oversold In History, What Comes Next?

Bitcoin price is in free fall and the cryptocurrency community is in panic. The high-risk, speculative asset class is living up to its notorious volatility and the selling appears unstoppable. At some point, all assets become oversold and recovery begins. дальше »

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Nexo makes unsolicited offer to acquire Celsius’ assets after it halts withdrawals

Leading crypto lending platform Nexo made an unsolicited offer to acquire “any remaining qualifying” assets of rival Celsius Network after the latter suspended withdrawals due to adverse market conditions. дальше »

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Coinbase stock falls 20% as Celsius news hits cryptocurrencies

Coinbase Global Inc (NASDAQ: COIN) opened more than 20% down this morning after a crypto lending company made an announcement that pushed Bitcoin to its lowest since the start of 2021. Celsius Network news: risk of insolvency Celsius Network disabled customers from withdrawing or transferring crypto assets over the weekend – a drastic move that, […] The post Coinbase stock falls 20% as Celsius news hits cryptocurrencies appeared first on Invezz. дальше »

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Bank of Canada’s Deputy Governor Calls For Advancement Of Crypto Regulations

In an interview with Reuters on June 9th, 2022, Carolyn Rogers, Senior Deputy Governor of the Bank of Canada talked about the problems of the growing demand for Cryptocurrency assets in Canada. One of her concerns is that a lot of people investing in products like Bitcoin may not necessarily understand the risk and little […] дальше »

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Crypto Winter Has Arrived: Is It Time To Buy The Blood In Bitcoin?

The crypto market has now declined to one of its lowest points in two years as bitcoin and others have fallen, and this has struck fear in the hearts of investors. Due to investors being too scared to put any money in the market, the prices of the digital assets such as Bitcoin continue to […] дальше »

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Tron DAO Reserve deploys more assets as USDD depegs and TRX falls 18%

The general crypto Monday has started the week with a plunge, but for TRON,… The post Tron DAO Reserve deploys more assets as USDD depegs and TRX falls 18% appeared first on CoinJournal. дальше »

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Nexo Circles Celsius for Potential Loan Asset Buyout

The crypto lender Nexo has sent an official letter of intent to Celsius, offering to buy some or all of its collateralized loan assets to secure sufficient liquidity for its... дальше »

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TRM Labs head of legal: The crypto bill is only the beginning of regulation

Ari Redbord, who’s in charge of legal and government affairs at TRM Labs, told CNBC’s Squawk Box in an interview that the bipartisan crypto bill in the US Senate, unveiled last week, was the “first attempt at a comprehensive legal framework for digital assets. дальше »

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Crypto Market Bloodbath: Bitcoin Crashes to $23,000, Two Stablecoins Lose Their Peg

Digital assets market is struggling to exit death spiral fueled by inflation data and funds outflow дальше »

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Nexo Proposes Celsius Buyout as Rival Lending Platform Halts Withdrawals

Crypto lending platform Nexo offered to acquire Celsius' assets after the targeted company froze withdrawals and transfers. дальше »

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Nifty News: Kraft Foods files for NFT and metaverse patents, Seth Green gets his ape back and more

Kraft’s NFT and metaverse trademarks cover a long range of potential services, including a virtual restaurant where users can earn rewards and virtual assets. дальше »

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Litecoin Market Cap Crashed More Than $2 Billion in May

Litecoin was among the cryptocurrencies that saw more than a billion dollars wiped off its market value due to the steep decline in digital assets in the crash of May.  The post Litecoin Market Cap Crashed More Than $2 Billion in May appeared first on BeInCrypto. дальше »

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First Mover Asia: Bitcoin Tumbles Below $27K Amid Heightening Inflation Concerns

Ether and other major altcoins underperform BTC as investors continue to steer away from riskier assets; is there a case for inflation? дальше »

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U.S. Treasury Department on Track to Regulate Unhosted Wallets

The U. S. Treasury Department is progressing toward addressing the anonymity of unhosted crypto wallets as part of Joe Biden's wider strategy to tackle illicit finance involving digital assets. The post U. дальше »

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With U.S CPI data pushing markets off the ledge, here's what investors need to know

Recent developments in the market have reduced the pain tolerance of crypto investors that were already reeling from the May crash. What does the future of crypto assets look like now as global indexeThe post With U. дальше »

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Is BAYC losing significance with ApeCoin [APE] losing over 34% in a week

ApeCoin was one of the most anticipated launches this year. Now it is one of the worst-performing assets among the top coins. Furthering it is the consistent threat that has been looming over the BoreThe post Is BAYC losing significance with ApeCoin [APE] losing over 34% in a week appeared first on AMBCrypto. дальше »

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JPMorgan Wants to Bring Trillions of Dollars of Tokenized Assets to DeFi

The bank’s recent tokenization of money market funds with BlackRock dovetails nicely with an institutional DeFi project being led by the Monetary Authority of Singapore. дальше »

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US SEC investigates Binance’s ICO, metaverse crypto assets up 400% YoY, and STEPN faces DDoS attacks: Hodler’s Digest, June 5-11

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Curve Finance [CRV]: Despite humdrum price action, is there hope for a recovery

Curve Finance is an automated market maker platform that is primarily designed to accommodate liquidity pools that contain similarly behaving assets, primarily stablecoins, or wrapped versions of simiThe post Curve Finance [CRV]: Despite humdrum price action, is there hope for a recovery appeared first on AMBCrypto. дальше »

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