Argentina Runs to Stablecoins Amidst Political and Economic Uncertainty
6.7.2022
Citizens of Argentina are hedging their savings by using stablecoins amidst the recent climate of uncertainty created by the resignation of certain key members of the government. The minister of economy in the country resigned last weekend, alongside other personalities, creating the turmoil that...
Bitcoin and Ethereum Fluctuate, CEL Keeps Dropping
6.7.2022
Bitcoin price stayed above the key USD 18,800 support zone and settled above the USD 19,500 level, but it is struggling to settle above the USD 20,500 zone. It is currently (03:49 UTC) trading near USD 19,900 and is down 2% in a day and a week.
Similarly, most major altcoins remain supported....
Fed conference hears stablecoins may boost USD as global reserve currency
6.7.2022
The underlying tech of a central bank digital currency wasn’t enough to convince some panelists at a Fed conference that it could change the international currency system
The bottom is in: CNBC's Jim Cramer says crypto has "no real value"
6.7.2022
Mad Money host Jim Cramer has changed his sentiment on crypto again, predicting the total market cap will tank below $1 trillion as “there’s no real value there.”
PennyWise crypto-stealing malware spreads through YouTube
6.7.2022
The malware targets Zcash and Ethereum wallets alongside Electrum, Atomic Wallet and Coinomi, it takes your browser extension and login data and reads your chat logs
Singapore Considers Imposing New Restrictions on Crypto Trading
6.7.2022
The Monetary Authority of Singapore (MAS) has told Parliament that the central bank is considering imposing additional restrictions on cryptocurrency trading. They include “placing limits on retail participation, and rules on the use of leverage when transacting in cryptocurrencies.”...
MakerDAO voting on collaborating with a traditional bank
6.7.2022
The Maker Protocol could extend yet another arm into the traditional finance space if a proposed integration with a Pennsylvania-based bank passes this week
Leaked Personal Data of 1 Billion Chinese Citizens on Sale for 10 Bitcoins — Hacker Claims Stolen From Shanghai Police
6.7.2022
A hacker claims to have stolen the personal data of a billion Chinese citizens from the Shanghai National Police (SHGA) and is selling it for 10 bitcoins. “This database contains many TB of data and information on billions of Chinese citizens.” 23 Terabytes of Data on a Billion...
Binance Resumes Local Currency Deposits with Brazilian Payment System Pix
6.7.2022
Withdrawals should be resumed “shortly,” said the company, which had suspended that feature on June 17
Spanish Police Spends USD 115K on Crypto Monitoring Technology to Fight Drug Smuggling
6.7.2022
The Spanish police force has announced that it will invest in tech platforms that will help officers catch drug traffickers who make use of cryptoassets.
According to El Español, officers who patrol the Strait of Gibraltar – the waters that wash Morocco, Spain, and Gibraltar – have spent almost...
Celsius Repays $183M on DeFi Exchange Maker, Gets Back Collateral, Blockchain Data Shows
6.7.2022
The troubled crypto lender paid down $183 million of its debt to the decentralized exchange Maker, blockchain data shows, possibly in a bid to recover bitcoin-linked collateral that otherwise would remain trapped
Meta to Slow Hiring in 2022, Hints at Layoffs After Metaverse Pivot
6.7.2022
Meta, the company formerly known as Facebook, is preparing to face a strong market downturn. According to reports, Mark Zuckerberg, CEO of Meta, announced a change in the hiring policies of the company, lowering the number of engineers planned to be hired from 10K to 6-7K. Previously, Zuckerberg...