Here's how Avalanche fared in Q2

Avalanche user activity and revenue experienced growth in Q2. Its DeFi and NFT verticals suffered a decline.  House to over 350 decentralized applications (dApps), a new report from MessariThe post Here's how Avalanche fared in Q2 appeared first on AMBCrypto. дальше »

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South Korean central bank charts out future course of payment systems, CBDC

The BOK 2022 Payment and Settlement Systems Report is a forward-looking document with ambitious plans for financial technology in the country. дальше »

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BREAKING: No Bitcoin Sale From Tesla, Electric Car Giant Holds On As BTC Bounces Back To $30,000

Tesla has released its Q2 2023 earnings report, which has been highly anticipated by investors, and it shows no signs of Bitcoin movement for the electric car giant in the previous quarter. The report shows that the company has had a record-breaking quarter, with the best-ever production and deliveries and revenue approaching $25 billion in a single quarter, despite the current macroeconomic environment. дальше »

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Nasdaq Hits Pause On Crypto Custody Plans, Citing Regulatory Hurdles

According to a Bloomberg report, Nasdaq, the exchange operator, has announced that it is halting the launch of its crypto custodian business in the United States due to a shifting business and regulatory environment. дальше »

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Apple has its own GPT AI system but no stated plans for public release: Report

The Cupertino, California-based company reportedly developed an internal GPT system on Google infrastructure for employees to tinker with. дальше »

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BREAKING: Bitcoin ETFs Move Closer To Approval, SEC Lists 8 Applicants On Federal Register

The US Securities and Exchange Commission (SEC) has taken a significant step towards approving the first-ever Spot Bitcoin Exchange-Traded Fund (ETF) in the country.  According to a report by Watcher Guru, the regulatory process for the approval of spot Bitcoin ETFs officially began on Wednesday, after eight applicants were listed in the Federal Register, including […] дальше »

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SEC vs. Ripple: Huge win for crypto

On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses Ripple’s latest win against the SEC and what it means for the crypto market. дальше »

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Russia could begin digital rubles testing as early as next month

Russia could begin testing a Central Bank Digital Currency (CBDC), Digital Ruble, as early as next month if its upper parliament approves the move and President Vladimir Putin signs it into law, according to a July 19 Bloomberg report. дальше »

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BlockFi CEO was aware of FTX’s conditions when lending to it

A recent court report alleges BlockFi CEO Zac Prince dismissed repeated warnings from his risk management team about the shaky financials of major counterparty FTX. According to the report, Prince pushed to increase lending to FTX and sister entity Alameda… дальше »

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CoinMarketCap’s H1 2023 report says Q2 was a ‘lost quarter’

Sectors like virtual and augmented reality soared 704% in year-to-date growth, while artificial intelligence and big data expanded 323%. дальше »

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Bitcoin miners hedging with recent sell-offs: Bitfinex report

All-time high hash rates and mining difficulty indicate that miners are bullish on Bitcoin, while recent sell-offs could be a means to hedge positions. дальше »

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Chinese Police Seize $160 Million Worth of Crypto In Cross-Border Gambling Crackdown

Chinese authorities have announced the country’s first-ever case of cryptocurrency confiscation through a court ruling. Related Reading: 78% Of Bitcoin Exchange Inflows Are Coming From Short-Term Holders: Glassnode According to a report, an investigation conducted by Chinese police has uncovered a large-scale cross-border online gambling case with a turnover of 400 billion yuan (approximately $56 […] дальше »

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Taxing the Cryptoverse: IMF Report Claims AML Rules Not Enough to Stop Tax Evasion

According to a report recently released by the International Monetary Fund (IMF), current anti-money laundering (AML) policies are inadequate for effectively dealing with tax evasion in the cryptocurrency industry. дальше »

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Silvergate Who? Meet The Pennsylvania Bank That’s Taking Crypto By Storm

According to a Bloomberg report, a small Pennsylvania-based bank has emerged as a top choice for crypto businesses, following the collapse of two other crypto-friendly lenders, Silvergate Capital Corp. дальше »

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Coinbase CEO will meet with US lawmakers to discuss crypto legislation: Report

The crypto exchange is currently involved in a legal battle with the U.S. Securities and Exchange Commission over allegedly offering unregistered securities. дальше »

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Coinbase CEO Brian Armstrong Set To Engage With House Democrats On Wednesday

Brian Armstrong, Chief Executive Officer of Coinbase, is set to hold a meeting with Democrats from the United States House of Representatives this Wednesday. According to a report by Bloomberg, the Coinbase CEO will be meeting with the New Democrat Coalition behind closed doors to discuss a range of issues.  Coinbase CEO To Engage Democrat […] дальше »

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78% Of Bitcoin Exchange Inflows Are Coming From Short-Term Holders: Glassnode

On-chain data shows that Bitcoin short-term holders have contributed to 78% of the total exchange inflows in the market recently. Bitcoin Exchange Inflows Are Dominated By The Short-Term Holders According to the latest weekly report from the on-chain analytics firm Glassnode, the short-term holders have been actively making inflows since February of this year. The […] дальше »

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Crypto Trading Volume Plummets 43% in Q2 2023, Report Reveals

NFT and crypto trading markets plummet, according to the Q2 CoinGecko report.

The post Crypto Trading Volume Plummets 43% in Q2 2023, Report Reveals appeared first on BeInCrypto.

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UK think tank argues AI leadership hinges on effective regulation in new report

The UK government aims to establish the country as a global leader in artificial intelligence, but experts argue effective regulation is essential for realizing this vision. A recent report from the Ada Lovelace Institute provides an in-depth analysis of the strengths and weaknesses of the UK’s proposed AI governance model. дальше »

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Bitcoin Mining Activity Surges Amid High Difficulty: Bitfinex

Bitcoin miners activities continue to pique global interest, showing a rise in BTC mining activity, according to a report from Bitfinex. One particular development is the Bitcoin mining difficulty hitting... дальше »

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Ethereum (ETH) Reaches Massive New Milestone: Report

Second largest digital currency has hit important new milestone that shows trust from community дальше »

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Bitget Ranks in Top 4 Crypto Exchange in Trading Volume

Bitget, top cryptocurrency and copy trading platform, has released its quarterly Transparency Report, highlighting its major achievements for Q2 of 2023. дальше »

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Bitget added 9,033 new elite traders in Q2

Bitget says it made a bunch of notable achievements in the second quarter of this year – a few of which it underscored in a Transparency Report on Tuesday. Bitget continued to increase market share in Q2 According to the quarterly update, its market share climbed further in the three-month period to 8. дальше »

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Coinbase Earn Is Particularly Vulnerable to Being Defined as a Security: Berenberg

The crypto exchange is still faced with significant regulatory challenges, the report said. дальше »

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Nearly one-third of Bitcoin’s circulating supply possibly lost: report

Recent data from blockchain analytics company IntoTheBlock indicates that approximately 29% of the total Bitcoin supply, which has remained stagnant for over five years, might be lost forever. Fresh data unveiled by the blockchain analytics firm, IntoTheBlock, reveals that close… дальше »

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Binance cuts back on employee benefits, citing ‘decline in profit’: Report

The crypto exchange reportedly stopped offering reimbursement to employees for certain expenses, including the use of mobile phones, fitness and working from home. дальше »

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New Report Reveals State of CBDC Adoption in Latin America

Latin America and the Caribbean are leading in the adoption of Central Bank Digital Currencies (CBDCs), with most central banks in the region evaluating CBDCs, according to an IMF report. The Bahamas launched the first CBDC, the Sand Dollar, in 2020. дальше »

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BlockFi Bet Big on FTX and Alameda Even After Seeing Infamous Balance Sheet, Creditors Say

The crypto lender saw “the exact same balance sheet” later published by CoinDesk but still put clients' money in Sam Bankman-Fried’s companies, a scathing new report claims. дальше »

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Ripple CLO says court ruling could encourage banks to adopt XRP: Report

A July 13 court ruling in Ripple’s legal battle with the SEC suggested XRP may not necessarily be a security, a decision that has already made significant waves in the space. дальше »

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Here's How Many Bitcoins Are Now Lost Forever: IntoTheBlock

Recently shared analytics report shows how many Bitcoins may have actually been lost by now дальше »

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Next Bitcoin Halving Event Could Be a Stress Test for Miners: JPMorgan

The next halving will see a reduction in miners’ revenues and an increase in bitcoin production costs at the same time, the report said. дальше »

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4.1 Trillion SHIB Moved as Price Surges 7.24% Among Falling Market

Trillions of SHIB shoveled, according to recent report дальше »

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Is ARB fighting a losing battle? Arbitrum's weekly report states that...

Arbitrum’s weekly report revealed a new major transaction milestone. ARB sees heavy outflows from whales, possibly curtailing its potential upside. Ethereum’s layer 2 network Arbitrum juThe post Is ARB fighting a losing battle? Arbitrum's weekly report states that... appeared first on AMBCrypto. дальше »

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Money Laundering in Crypto Is a Growing Problem, Report Says

A full 28% of crypto firms report a rise in Suspicious Activity Reports (UK).

The post Money Laundering in Crypto Is a Growing Problem, Report Says appeared first on BeInCrypto.

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Binance Massive Layoff: Over 1,000 Employees Fired

Binance, one of the world’s largest cryptocurrency exchanges, has laid off over 1,000 employees in recent weeks, according to a report by the Wall Street Journal.   The ongoing exercise could reportedly result in Binance losing more than a third of its staff. дальше »

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Binance recently laid off 1,000 employees: report

Binance is reported to have dismissed about 1,000 of its employees recently. The report cites sources close to the exchange and comes at a time Binance is battling regulatory pressure. The leading crypto exchange celebrated its 6th birthday on July 14. дальше »

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Filecoin storage utilization surpasses 7% in Q2: Report

Although utilization rose, protocol and supply revenue declined, as more providers slashed fees to incentivize adoption.

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Binance headcount reduction hits 1,000 employees: Report

The ongoing workforce reduction is reportedly global, with customer service workers heavily affected.

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Alex Mashinsky out on $40M bail; ‘vehemently’ denies fraud charges

Former Celsius Network CEO Alex Mashinsky was released on a $40 million bail on July 13, the same day he was arrested after being charged with multiple counts of fraud, according to a CNN report. Mashinsky’s lawyer Jonathan Ohring told CNN that the former CEO “vehemently” denies all charges and intends to “vigorously” fight them […] The post Alex Mashinsky out on $40M bail; ‘vehemently’ denies fraud charges appeared first on CryptoSlate. дальше »

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Ripple’s XRP Summary Judgment Positive for Coinbase, Price Target Raised to $120: Needham

The court’s decision should moderately de-risk the regulatory pressure on the crypto exchange’s stock, which is a significant overhang on the share price, the broker’s report said. дальше »

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Indonesia to launch crypto exchange in July: Report

Once launched, Indonesia’s national crypto exchange will be the only platform allowing crypto transactions, the local regulator said. дальше »

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Hedge funds reduce crypto investments: Report

12% hedge funds are contemplating moving from the U.S. to crypto-friendly jurisdictions. The findings are part of a recent report on hedge funds investing in crypto published by PwC. The proThe post Hedge funds reduce crypto investments: Report appeared first on AMBCrypto. дальше »

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Coinbase Rally on the Back of XRP Court Ruling Is Overdone: Berenberg

The surge in the crypto exchange’s share price was driven largely by investors who saw the decision as a representing a rejection of the SEC’s argument in the lawsuit it filed against Coinbase in June, the report said. дальше »

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XRP Ruling a ‘Landmark’ Judgment, Weakens SEC's Stance Against Crypto: Bernstein

The court’s decision weakens the SEC’s stance that the securities law is clear and no separate clarity is required for digital assets, the report said. дальше »

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Crypto scammers, hackers stole $450 million in H1 2023

Crypto ransomware attacks rose in the first half of 2023, but scammers earned 77% less revenue compared to the same period in 2022, according to the Crypto Crime Mid-Year report by Chainalysis дальше »

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Ripple Eyes Tokenized Assets Sector As It Expects Market Cap To Reach $30 Trillion

Ripple is best known for its XRP cryptocurrency and global payments network, but it is now setting its sights on the tokenized assets market. In its 2023 New Value report, the company believes blockchain technology can unlock trillions of dollars of value in the global financial system by tokenizing real-world assets like stocks, bonds, and real estate. дальше »

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Bitget reserves top $1.44B, claims to be debt free

The cryptocurrency exchange claims its total proof-of-reserves ratio has reached 223% in its latest July report.

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Bitcoin Options Traders Shrug Off Post-CPI Choppy Price Action

The mood in the options market remains positive even as the cryptocurrency struggles to build upside momentum on the back of a bullish U.S. inflation report. дальше »

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Solana Q2 Performance, Here's Role Played by Its First Meme Coin

Solana recorded mixture of ups and downs in second quarter, per Messari report дальше »

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CPI report: Market reactions diverge as crypto sustain a slight dip

The CPI report showed that inflation rose by 0.2%. The stock market and precious metals saw a rise while crypto dipped slightly. According to recent data, the CPI report for June stayed withThe post CPI report: Market reactions diverge as crypto sustain a slight dip appeared first on AMBCrypto. дальше »

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