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CoinFLEX Withdrawals Remain Halted as Recovery Token Talks Continue.
CoinFLEX initially planned to resume withdrawals today. origin »
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No Soft Landing, No Return to Normal for US Economy, Says Fed.
Jerome Powell, the Chairman of The Federal Reserve, has conceded that a so-called “soft landing” for the U.S. economy is something he cannot guarantee. The post No Soft Landing, No Return to Normal for US Economy, Says Fed appeared first on BeInCrypto. origin »
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El Salvador Leverages Bear Market, Buys 80 Bitcoin.
El Salvador, big fans of Bitcoin, are still saying that Bitcoin is the future. Bukele purchased 80 BTC for around $19,000 per BTC. The post El Salvador Leverages Bear Market, Buys 80 Bitcoin appeared first on BeInCrypto. origin »
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Blockchain lacks meaningful use cases, tech journalists tell UK lawmakers.
Two journalists had a go at blockchain technology during a select committee in Westminster yesterday, June 29, Yahoo Finance reported. The post Blockchain lacks meaningful use cases, tech journalists tell UK lawmakers appeared first on CryptoSlate. origin »
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MoonXBT adds new USDT spot markets in DAI, ADA, AVAX, LTC, FTT, LINK, and FTM.
MoonXBT, a crypto derivatives & social trading platform, has now announced it has successfully launched new USDT spot trading pairs in the following markets: DAI/USDT, ADA/USDT, AVAX/USDT, LTC/USDT, FTT/USDT, LINK/USDT, and FTM/USDT. origin »
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What is the bull case for Request Network’s REQ as price pumps 58% in 24 hours?.
Request Network powers payments through the blockchain Request Network token gained 58% in one… The post What is the bull case for Request Network’s REQ as price pumps 58% in 24 hours? appeared first on CoinJournal. origin »
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Biden Official Says US Government Could Pass Stablecoin Rules by End of Year.
The President’s Working Group on Financial Markets discussed issues that should be addressed by stablecoin legislation in a meeting Thursday. origin »
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FTX Close to Buying BlockFi for Just $25M.
CoinDesk was able to independently corroborate CNBC's report. origin »
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BlockFi Approached With Ledn-Led Funding Offer Amid FTX Acquisition Talks: Report.
BlockFi has been approached by a party that includes fellow crypto lender Ledn in addition to its buyout offer of $25 million from FTX, Bloomberg reported Friday. origin »
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CFTC charges Mirror Trading International with alleged fraud of $1.7 billion worth of Bitcoin.
The Commodity Futures Trading Commission (CFTC) has charged Cornelius Johannes Steynberg and his company Mirror Trading International (MTI), with fraud and registration violations. The post CFTC charges Mirror Trading International with alleged fraud of $1. origin »
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Banks’ exposure to risky cryptocurrencies should be limited to 1%, Basel Committee proposes.
Banks’ exposure to cryptocurrencies should be capped at 1% of Tier 1 capital, the Basel Committee on Banking Supervision of the Bank for International Settlements (BIS) recommended in a consultation paper on June 30. origin »
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Bank of America Customers’ Crypto Activity Slowed as Market Slid.
The number of active crypto users among Bank of America (BAC) customers slumped more than 50% to fewer than 500,000 between November and May. origin »
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Mark Cuban Claims Bear Market Will End After Crypto-Apps Become Handy.
The declining crypto market has raised lots of concerns among investors. Through several analyses, this prevailing price fall seems to be the worst in history. The crisis keeps raging with numerous losses recorded and more panic sell-off from traders. origin »
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Report: Short Bitcoin ETF attracting a lot of attention.
The crypto crash has pushed up interest in short Bitcoin ETFs, with the ProShares…
The post Report: Short Bitcoin ETF attracting a lot of attention appeared first on CoinJournal.
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Finblox Raises Withdrawal Limit, Explores Legal Action Against Three Arrows Capital.
Cryptocurrency staking and yield generation platform Finblox increased a $1,500 cap on withdrawals as it deals with the fallout from its exposure to Three Arrow Capital. origin »
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How NFT Innovation in Gameplay Will Turn the Crypto Season Around.
DRepublic, creators of upcoming blockchain MMORPG Cradles: Origin of Species, discuss how the bear market’s turnaround will rely on true blockchain innovations as speculative hype flounders against a broadly negative market outlook for the crypto industry. origin »
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Monero’s Ricardo ‘Fluffypony’ Spagni to Surrender to US Marshals on July 5.
The former privacy coin maintainer faces extradition to South Africa where he faces fraud charges. origin »
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Voorhees Slams “Gross” Bukele Fans as El Salvador Buys Bitcoin Dip.
President Nayib Bukele announced that El Salvador had bought another 80 Bitcoin at an average price of $19,000 early Friday. Voorhees Criticizes El Salvador Government El Salvador keeps buying the... origin »
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Celsius Shareholder BnkToTheFuture Proposes Bitcoin Investments, Restructuring in Rescue Bid.
Community investing protocol BnkToTheFuture put forth three proposals in a bid to save Celsius from going under. origin »
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Deutsche Bank analysts see Bitcoin recovering to $28K by December.
Deutsche Bank analysts forecast a 30% recovery for Bitcoin by December driven by correlation to S&P 500.
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Ticketing: How Web3 Can Evolve The Industry And Unlock Doors.
Ticketing and the industry’s biggest pain points can be eradicated using Web3 tech, says Josh Katz of YellowHeart, the first company to ever release an NFT album and tickets on the blockchain with Kings of Leon. origin »
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BlockFi CEO denies CNBC’s claims that the company is being sold for $25 million.
Cryptocurrency lending platform BlockFi has denied claims from CNBC that crypto exchange FTX was in talks to buy the firm for $25 million. The post BlockFi CEO denies CNBC’s claims that the company is being sold for $25 million appeared first on CryptoSlate. origin »
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Pentagon-commissioned report claims just 4 entities can disrupt Bitcoin.
Research conducted by security experts Trail of Bits concluded that the notion of blockchain decentralization is a fallacy. The post Pentagon-commissioned report claims just 4 entities can disrupt Bitcoin appeared first on CryptoSlate. origin »
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FTX discarded Celsius deal after reportedly finding $2B missing from its balance sheet.
FTX has walked away from a deal to acquire Celsius after reviewing its balance sheet and finding a “$2 billion hole,” according to a June 30 report by The Block. The post FTX discarded Celsius deal after reportedly finding $2B missing from its balance sheet appeared first on CryptoSlate. origin »
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Bitcoin Whales Now Control 45.6% of BTC Supply & Continue to Aggressively Accumulate.
Bitcoin whales' strategy did not change much during recent crypto market collapse origin »
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NFTS and Sustainability: Are Non-Fungible Tokens A Threat To Nature?.
NFTS: You may have heard about the insane energy cost of cryptocurrencies and NFTs, and it is partially true. But things are changing. Fast. The post NFTS and Sustainability: Are Non-Fungible Tokens A Threat To Nature? appeared first on BeInCrypto. origin »
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MAS Reprimands 3AC for ‘Misleading Information’.
The Monetary Authority of Singapore slams hedge fund Three Arrows Capital for misinformation and exceeding the maximum value of assets under management for a registered fund management company. The post MAS Reprimands 3AC for ‘Misleading Information’ appeared first on BeInCrypto. origin »
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LTCM and Other History Lessons for Crypto.
From Long-Term Capital Management to the 2008 financial crisis, crypto's recent woes have echoes in the past, says CoinDesk's chief content officer. origin »
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Shiba Inu (SHIB) Shines Green In Pool Of Crimson – Who’s Buying?.
On Friday, the price of Shiba Inu (SHIB) increased, despite the fact that the rest of the cryptocurrency market is suffering significant losses because of a prolonged unfavorable trend. Apparently, the dog-themed coin’s price has risen 3. origin »
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STEPN’s DEX Surpasses Orca to Become Largest Decentralized Exchange on Solana.
The anonymous founder of the Solend protocol has expressed interest in integrating STEPN’s tokens into its lending platform. origin »
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Hedge or Cause? Unpacking Bitcoin and Inflation.
The digital asset, often called digital gold, soared as governments printed money and crashed as they tightened. origin »
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Bitcoin Whales Filling Their Bags In Bullish Sign As BTC Balance On Exchanges Hits Critical Low.
With Bitcoin’s price plunging below $20K, on-chain metrics depict an increased level of buying activity as investors perceive they are getting a bargain. origin »
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Ethereum's 39% Price Decrease Is Accompanied by Large-Scale Whales' Purchases.
Ethereum whales add 1.1% of entire ETH supply to their bags amid significant price decrease origin »
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Here Are Results of Cardano Project Catalyst Fund 7.
Cardano on-chain governance initiative shows its impressive results origin »
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Moonbirds Surpasses $500 Million in All-Time NFT Sales .
Moonbirds continues to reach new milestones despite the steep decline in overall monthly sales volume in the non-fungible token (NFT) space. The post Moonbirds Surpasses $500 Million in All-Time NFT Sales appeared first on BeInCrypto. origin »
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Gold, Stocks, and Bitcoin: Weekly Overview – July 1.
This week’s price movements for bitcoin (BTC), gold, and, our wildcard, the Grayscale Bitcoin Fund. The post Gold, Stocks, and Bitcoin: Weekly Overview – July 1 appeared first on BeInCrypto. origin »
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Tether continues to reduce commercial paper in sharp reduction since March.
The stablecoin issuer announced its intentions of removing all commercial paper from its reserves last month as it countered rumors, and it remains on schedule so far. origin »
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FTX to buy BlockFi: but why so cheap at $25 million?.
I wrote here last week that cryptocurrency has a contagion problem, with a slew of firms caught up with overleveraged balance sheets and weak risk management. BlockFi had just taken a $250 million revolving credit facility with FTX, which for those who aren’t fluent in corporate-speak, is essentially a fancy term for “bailout”. origin »
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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. origin »
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Bitwells Exchange Launches 777 BTC Giveaway for Derivatives Traders.
Victoria, Seychelles, 30th June, 2022, Chainwire Bitwells, the leading crypto derivatives exchange, has launched… The post Bitwells Exchange Launches 777 BTC Giveaway for Derivatives Traders appeared first on CoinJournal. origin »
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Following the acquisition of Gem and Genie, NFTGo.io, a prominent NFT data aggregator, rises to the top.
The 4th NFT NYC was held in New York, USA, from June 20 – 23, 2022. The post Following the acquisition of Gem and Genie, NFTGo.io, a prominent NFT data aggregator, rises to the top appeared first on CryptoSlate. origin »
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US DOJ indicts 6 individuals over crypto fraud schemes that generated over $135 million.
The United States Department of Justice (DoJ) has indicted six people allegedly involved in different crypto crimes, including NFTs, that siphoned $135 million from unsuspecting investors. The post US DOJ indicts 6 individuals over crypto fraud schemes that generated over $135 million appeared first on CryptoSlate. origin »
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Crypto World Is Cautious of Finer Details In EU's MiCA Law.
Web3 experts are cautiously welcoming the first major jurisdiction’s attempt to regulate crypto – but first they must resolve the MiCA law’s paradoxes – like when is a non-fungible token fungible? origin »
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OpenSea Ethereum, Polygon report card for June; stats might shock you.
While NFT enthusiasts continue to bask in the euphoria of the 2021 boom in the ecosystem, the general downturn of the cryptocurrency market continued to affect the sales volume of NFTs in the last fewThe post OpenSea Ethereum, Polygon report card for June; stats might shock you appeared first on AMBCrypto. origin »
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Ripple: Government of Colombia Set to Utilize XRPL Blockchain for Land Registry.
Solution has been implemented for Colombia's National Land Agency origin »
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DeFi insurance is coming to Solana to protect users against exploits.
CryptoSlate spoke to the founder of Amulet Protocol, Rupert Barksfield, about launching the first DeFi Insurance platform on Solana. The post DeFi insurance is coming to Solana to protect users against exploits appeared first on CryptoSlate. origin »
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Ignite CEO Peng Zhong Announces Departure Shortly After Re-Org.
Zhong’s exit comes weeks after the company’s former CEO Jae Kwon announced that he was re-joining the company as the CEO of Ignite spin-off “New Tendermint.” origin »
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ADA Trades on Canada’s Biggest Exchange, Ripple Expands to New Zealand, Grayscale’s BTC Fund Reaches Record Discount: Crypto News Digest by U.Today.
Don’t miss anything important in the crypto industry; read U.Today’s news digest to stay updated! origin »
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DAOs Are the New Way of Impact Work.
"Impact DAOs" are at the forefront of new culture of work that asks us to move towards aligning our values with our actions, says the co-founder of Gitcoin. origin »
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This Week In DeFi – July 1.
To the DeFi community, This week, crypto exchange FTX is reportedly looking to acquire centralized lending platform BlockFi for a […] The post This Week In DeFi – July 1 appeared first on DeFi Rate. origin »
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