South Korea eyes listing rules for crypto exchanges after LUNA scandal

South Korean lawmakers are calling on the country’s crypto exchanges to formulate guidelines for listing and delisting cryptocurrencies, Bloomberg News reported. The post South Korea eyes listing rules for crypto exchanges after LUNA scandal appeared first on CryptoSlate. дальше »

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Did Celsius’ Withdrawal Trigger The Terra/ LUNA Collapse? Claim & Response

Did Celsius set off the domino effect? Almost a month ago, The Block Crypto reported that Celsius pulled at least $500M from the Anchor protocol before the collapse. Two weeks ago, blockchain analytics firm Nansen identified Celsius among the seven big wallets that allegedly triggered the bank run on Anchor. дальше »

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What Does Metaverse Mean for Global Football?

While considering the Global Sports Market Opportunities and Strategies Report 2021, issued by Yahoo Finance, it is reported that the global sports market is forecasted to reach $599. 9 billion by 2025, and as COVID-19 lockdowns ease further, $826 billion by 2030. дальше »

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SEC legal action over BNB token prompts fears over which altcoin is next

The SEC has opened an investigation into Binance to determine whether its BNB token was a security offering when sold in 2017, Bloomberg News reported. The post SEC legal action over BNB token prompts fears over which altcoin is next appeared first on CryptoSlate. дальше »

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Australian mayor suggests crypto as tax payment option

Gold Coast Mayor Tom Tate has said residents could pay taxes and rates with cryptocurrency in the future, even as critics and experts point to volatility as a major concern, ABC News reported. The post Australian mayor suggests crypto as tax payment option appeared first on CryptoSlate. дальше »

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Animoca Brands’ Investment Portfolio Now Worth Over $1.5B

The game firm also reported $211 million in digital asset holdings as of the end of April. дальше »

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Indian Terra investors facing 30% tax on LUNA 2.0 airdrop despite losses

After losing millions to Terra’s crash, Indian investors who have recovered part of their losses through the LUNA 2 airdrop may have to pay taxes equivalent to 30% of the value due to India’s tax policies on cryptocurrency, Bloomberg News reported. дальше »

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Social media blamed for $1B in crypto scam losses in 2021

Nearly half of the consumers who reported a cryptocurrency-related scam in 2021 said it started with an ad, post or message on social media. дальше »

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Decoding how attackers managed to compromise BAYC Discord servers yet again

Hackers are much a part of the crypto ecosystem as much as investors and traders, and the Bored Ape Yacht Club (BAYC) has proved the same time and again. The NFT club once again reported a hack over tThe post Decoding how attackers managed to compromise BAYC Discord servers yet again appeared first on AMBCrypto. дальше »

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Retirement service provider sues US Labor Department over crypto guidance

A retirement savings service provider, ForUsAll, is suing the United States Department of Labor over recent guidance issued to fund managers and companies that offer 401(k) holders the option to invest in crypto-assets, The Wall Street Journal reported. дальше »

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Consumers Lost Over $1B to Crypto Fraud Since January 2021, FTC Says

Consumers reported they have lost over $1 billion in crypto-linked fraud from January 2021 through March of this year, according to analysis from the Federal Trade Commission (FTC). дальше »

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Japan passes a stablecoin bill focusing on investor protection following UST debacle

Japan has become one of the first major economies to spearhead stablecoin regulation after its parliament passed a bill to rein in the sector, Bloomberg News reported. The post Japan passes a stablecoin bill focusing on investor protection following UST debacle appeared first on CryptoSlate. дальше »

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Elon Musk Has ‘Super Bad Feeling’ About The Economy – Terrible News For Crypto?

Elon Musk, the Tesla big boss, sent an email to executives announcing layoffs and a global recruiting freeze. Multiple news sites reported on Friday that he ascribed the decision to a “super bad feeling” about the economy. дальше »

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Solana [SOL] network faces a blackout yet again, and here's the fallout

The Solana network crashed again on 1 June night. It was a 4 and a half hour-long crash that was reported by the Solana team via tweets instantly. This is the latest crash in a series of network outagThe post Solana [SOL] network faces a blackout yet again, and here's the fallout appeared first on AMBCrypto. дальше »

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Tether co-founder says UST disaster spells doom for algorithmic stablecoins

Tether (USDT) co-founder Reeve Collins believes the collapse of TerraUSD (UST) — since renamed TerraClassicUSD (USTC) — might be the catalyst that triggers the downfall of other algorithmic stablecoins, CNBC reported. дальше »

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Tech experts urge Federal Lawmakers to ‘resist’ crypto

A group of computer experts has signed a letter urging the US Congress to resist the influence of the crypto space and enforce a crackdown on the industry, Financial Times reported. The post Tech experts urge Federal Lawmakers to ‘resist’ crypto appeared first on CryptoSlate. дальше »

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GameStop Reports $76.9M in Proceeds From Sales of Digital Assets in First Quarter

GameStop reported the digital asset sales during its first quarter earnings release Wednesday. дальше »

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NBA sponsorships hit record high of $1.6B on the back of crypto, tech deals

Crypto deals led to record sponsorship revenue for the NBA, reaching $1. 6 billion in the 2021-22 season, CNBC reported, citing research data from IEG, a sports partnerships consultancy firm. The post NBA sponsorships hit record high of $1. дальше »

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Tether’s reported bank partner Capital Union shares its crypto strategy

Tether stablecoin’s reported bank partner Capital Union supports a large variety of digital assets as part of its trading and custody services. дальше »

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Waves fast recovery could push the token towards $12

As the crypto market starts to rally, several major coins have reported modest gains.…

The post Waves fast recovery could push the token towards $12 appeared first on CoinJournal.

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South Korea Toughens Up Security In Response To Terra’s Crash

According to Local media accounts, South Korea’s Financial Supervisory Service (FSS) has moved to standardize risk assessment for virtual assets, the FSS reported these details during the “Enactment of the Digital Asset Framework Act and Emergency Inspection of Coin Market Investor Protection Measures” conference. дальше »

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Mirror Protocol reportedly under attack – $2M already drained

The Dark Knight of Terra — FatManTerra — has again reported on another exploit with the Terra ecosystem. The post Mirror Protocol reportedly under attack – $2M already drained appeared first on CryptoSlate. дальше »

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Fidelity Digital Assets Plans to Double Staff This Year: Report

Fidelity Digital Assets, the subsidiary of the financial services giant, plans to double its headcount this year to meet growing demand for crypto trading from institutional investors, the Wall Street Journal reported on Tuesday. дальше »

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Australian consumer group calls for urgent regulation of crypto

Australian consumer advocacy group Choice urges the new Labor government to prioritize cryptocurrency regulation, the Australian Associated Press reported. The post Australian consumer group calls for urgent regulation of crypto appeared first on CryptoSlate. дальше »

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MoneyGram teams up with Stellar to allow users to exchange USDC, fiat

MoneyGram is partnering with Stellar Development Foundation to leverage its blockchain to roll out a service that will allow users to seamlessly send and convert stablecoins into fiat, Bloomberg News reported. дальше »

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Crypto execs believe bear market could help filter bad players from industry

Leaders of various blockchain and crypto organizations believe recent turmoil in the digital assets market could help eliminate bad actors from the nascent industry, CNBC reported on May 27. The post Crypto execs believe bear market could help filter bad players from industry appeared first on CryptoSlate. дальше »

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World of Solana hacker gets scammed in community sting

The World of Solana (WoS) Twitter account reported details of a community sting operation resulting in a hacker getting scammed. The post World of Solana hacker gets scammed in community sting appeared first on CryptoSlate. дальше »

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Nvidia shares plunge after Q1 figures, crypto mining card revenue ‘nominal’

Graphics card giant Nvidia reported “nominal” sales of its crypto mining chips and expected overall revenues to be down in Q2, which drove down its share price. дальше »

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Crypto Funds Shrink to Lowest Since 2021 Summer Bear Market

Investors pulled out $154 million from bitcoin funds last week, a stark reversal from the $299 million of inflows reported for the prior period, according to CoinShares. дальше »

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Analyzing how ADA might respond to Cardano's much-awaited Vasil hardhork

Ahead of the upcoming Vasil testnet that is to launch in early June 2022, Cardano published an encouraging update. The network reported a strong foundation with many new projects planned out with FundThe post Analyzing how ADA might respond to Cardano's much-awaited Vasil hardhork appeared first on AMBCrypto. дальше »

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Analyzing how ADA might respond to Cardano's much-awaited Vasil hardfork

Ahead of the upcoming Vasil testnet that is to launch in early June 2022, Cardano published an encouraging update. The network reported a strong foundation with many new projects planned out with FundThe post Analyzing how ADA might respond to Cardano's much-awaited Vasil hardfork appeared first on AMBCrypto. дальше »

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China Can’t Seem to Stop Bitcoin Mining

Reported hashrate fell to zero for two months in China last year, but it has since returned rather abruptly. дальше »

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Brazilian crypto exchange refunds all UST holders 1:1

Brazil-based crypto exchange Nox Bitcoin announced it will spend 620.000 Brazilian reais to reimburse UST holders, crypto news outlet Portal do Bitcoin reported. The post Brazilian crypto exchange refunds all UST holders 1:1 appeared first on CryptoSlate. дальше »

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Wormhole Awards $10M to White-Hat Hacker in Bounty Program

Wormhole has awarded $10 million to a whitehat hacker who reported a bug in its Ethereum core bridge contract. This is part of the bounty program announced in February after losing $323 million to an exploit. дальше »

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South African central bank mulls digital rand to streamline cross-border payments

The South African Reserve Bank is mulling the issuance of a digital rand, Reuters reported on May 18, citing the central bank’s Deputy Governor Kuben Naidoo. The post South African central bank mulls digital rand to streamline cross-border payments appeared first on CryptoSlate. дальше »

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KuCoin to increase developer support after $150m raise  

Seychelles-based crypto exchange KuCoin (KCS/USD) will allocate a portion of its recent raise of $150 million to support developers working on the blockchain KCC (KuCoin Community Chain) and expand technical features, CoinDesk reported. дальше »

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Report: Crypto traders potentially owe IRS around $50B in unpaid taxes

A Barclays report has revealed that crypto investors might not be paying their full taxes to the Internal Revenue Service (IRS), saying that the tax gap for crypto traders could be up to $50 billion, CNBC reported. дальше »

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Panama President demands strict anti-money laundering measures in new crypto law

Panama’s President Laurentino Cortizo said he will not sign the new cryptocurrency bill until it provides provisions for stricter anti-laundering controls, Bloomberg News reported on May 19. дальше »

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Russian minister says crypto to become means of payment ‘soon’

Russia’s minister of industry and trade, Dennis Manturov, believes it’s only a matter of time before crypto becomes a means of payment in the country, Reuters reported. The post Russian minister says crypto to become means of payment ‘soon’ appeared first on CryptoSlate. дальше »

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Growth in US Bitcoin mining does not reflect in stocks performance

The US has become the dominant country for crypto mining, but that dominance isn’t reflected in the crypto mining stocks, which continue to perform poorly as the market plunges, Barrons reported. The post Growth in US Bitcoin mining does not reflect in stocks performance appeared first on CryptoSlate. дальше »

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Terraform Labs’ legal team quit as UST collapsed

Terra’s legal team resigned as UST lost its dollar peg and collapsed, pushing the Luna token to zero, according to sources familiar with the matter. As reported by the crypto publication The Block on Tuesday, some members of Terraform Labs’ legal team left as the crypto markets roiled from UST’s failure. дальше »

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Spotify is testing new NFT features with music artists 

Spotify has begun testing NFT features with a select few artists in the United States The news was first reported by Music Ally when a spokesperson for Spotify confirmed that: “Spotify is running a test in which it will help a small group of artists promote their existing third-party NFT offerings via their artist profiles”. дальше »

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BAYC NFT sells for $200 USDC

In a strange turn of events, a BAYC token sells for $200 USDC, but there might be more to this sale than meets the eye; here’s more on this bizarre development. Why do some NFTs keep selling for less than their value? More than once, we’ve reported on how high-profile NFTs have been sold for […] The post BAYC NFT sells for $200 USDC appeared first on NFT News Today. дальше »

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Decentraland (MANA) surges by nearly 60% – Will bulls breach $1.5 next?

Decentraland (MANA) has reported some of the most breathtaking gains in crypto over the… The post Decentraland (MANA) surges by nearly 60% – Will bulls breach $1.5 next? appeared first on Coin Journal. дальше »

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Coinbase Witnesses Major Outage Amidst Continued Crypto Bloodbath

Cryptocurrency exchange Coinbase reported experiencing a major outage in the middle of crypto prices plummeting. Users of the exchange complained about difficulties in withdrawing their funds which had caused a wave of panic among investors. дальше »

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Emirates Airline Plans To Accept Bitcoin Payments

The Dubai airline Emirates plans to accept Bitcoin payments in the future, as well as launch NFTs on the website, as per a report. Emirates Airline Plans To Add Bitcoin As A Payment Service As reported by Arab News, one of the world’s largest airlines has shown intent to add crypto payments and offer NFTs […] дальше »

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Waves’ Neutrino USD (USDN) stablecoin de-pegs to $0.94

Neutrino USD (USDN), an algorithm stablecoin just like the TerraUSD, has fallen below its US dollar peg to trade as low as $0.8 today. The stablecoin is part of Waves blockchain ecosystem. Following the de-pegging, Colin Wu, a crypto analyst, has reported that the Curve pool for the USDN stablecoin (the USDN-3 pool) is now […] The post Waves’ Neutrino USD (USDN) stablecoin de-pegs to $0.94 appeared first on Invezz. дальше »

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Do Kwon fears for his safety following Terra (LUNA) implosion

Korean news outlet Money Today has reported that TerraForm Labs CEO Do Kwon has requested police protection. The post Do Kwon fears for his safety following Terra (LUNA) implosion appeared first on CryptoSlate. дальше »

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Coinbase CEO Clarifies Controversial Disclosure About Customers’ Funds

Coinbase reported a massive revenue miss, but the company doesn't face bankruptcy, according to CEO Brian Armstrong дальше »

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Inflation Rose to 8.3% in April, With Monthly Core CPI Doubling From March

The consumer price index (CPI), reported by the Labor Department, was at 8.3% in April, down from 8.5% in March. дальше »

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