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What are the 3 assets most correlated with Bitcoin?
23.8.2023
Bitcoin price is closely linked to several financial assets but the reasons for correlation with certain precious metals and stocks can be quite different
New Report Suggests About 8,000 Korean Residents May Lose Digital Assets Over Tax Evasion
22.8.2023
Financial regulators in the South Korean city of Cheongju are set to confiscate digital assets from local tax evaders.
According to a report on Aug 22 by Yongap, a local news agency, the authorities of the city have set plans in motion to clamp down on virtual asset holders in centralized...
Russian Central Bank: Digital Rubles Will Be Classified as ‘Highly Valuable Liquid Assets’
22.8.2023
The Russian Central Bank says it plans to begin classifying the digital ruble, the nation’s CBDC, as a “high-quality liquid asset” (HQLA), and will likely eventually oblige banks in the country to follow suit.
Central banks typically classify assets such as fiat cash, central bank reserves,...
Central African Republic expands Sango project to land, resource tokenization
21.8.2023
Asset tokenization has been in the works for a year. The ambitious project has also included investor citizenship and an island in the metaverse
5 strategies to mitigate side channel attacks on cryptocurrency hardware wallets
21.8.2023
Explore strategies to prevent side-channel attacks on cryptocurrency hardware wallets, ensuring your digital investments remain secure
Farmington Bank Faces Fed Wrath: Alameda-Backed Financial Institution Ordered to Shutdown
21.8.2023
In a statement released August 17, 2023, Farmington State Bank, with an investment from Sam Bankman-Fried’s Alameda Research, consented to a cease and desist order from the U.S. Federal Reserve. Alameda invested $11.5 million into the bank’s coffers in January 2022. Government seizure...
Ethereum Layer-2 Arbitrum Sustains Growth and User Influx Following ARB Airdrop, Total Assets Reach $5.77 Billion: Report
20.8.2023
Per Nansen's Arbitrum Quarterly Report for Q2 2023, the Arbitrum (ARB) airdrop on March 23, 2023, led to a peak in users and transactions. Following the ARB airdrop, daily transactions and user numbers have consistently exceeded the chain's past averages.
Arbitrum, an Ethereum rollup hosting asset...
Cybercriminals Use Crypto Gaming to Steal Millions — Philippines National Police
19.8.2023
The cybercrime fighting unit within the Philippines National Police has asked residents to be wary of rewards promised by play-to-earn (P2E) games because they can be used to steal crypto assets worth millions of dollars. The unit said players can reduce the chances of losing money to scammers...
SEI’s Rocky Start: New L1 Crypto Token Dives 65% in 3 Days Amid Market Turmoil
18.8.2023
The newly listed cryptocurrency SEI took a substantial hit after its debut, plummeting over 65% from its peak value in just three days. The coin’s latest 13% tumble mirrored a decline in the broader crypto market in the last 24 hours. New L1 Token Plummets 65% From Record High Enter SEI, the latest...
Top 10 Stablecoins Witness Massive Supply Reductions, Yet Dominate 61% of Global Trade Volume
18.8.2023
For the first time in months, the entire list of top ten stablecoin assets has experienced supply shrinkage in the last 30 days. The stablecoin market now stands at $124 billion, following notable reductions across several projects. Yet, stablecoins still dominate in terms of global trade volume...
Kenyan Residents Asked to Participate in a ‘Public Survey on Virtual Assets’
18.8.2023
Kenya residents who wish to shape their country’s policy towards the crypto ecosystem can now do so by participating in a public survey on virtual assets and virtual assets service providers, the Financial Reporting Centre (FRC) has said. The FRC says the public’s feedback “will...
How Is Tokenization Impacting Investing?
17.8.2023
Decentral Park’s Kelly Ye provides an overview of what tokenization is and how will it affect the investment landscape
Trump’s Crypto Wallet Makes $2.8 Million in Income, FEC Filing Shows
17.8.2023
Former U.S. President Donald Trump has provided new data about his crypto income and holdings in a financial disclosure to the Federal Election Commission (FEC). The submission contains information about the balance of an ethereum wallet, which collects proceeds from the sales of Trump-branded...
Lawmakers Probe SEC and FINRA Over ‘Shady Approval’ of Prometheum
17.8.2023
U.S. lawmakers are probing the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) regarding the “shady approval” of Prometheum “as the first and only special purpose broker-dealer for digital assets.” They raised concerns about the timing...
Canadians are moving past crypto speculative trading: Coinbase country head
17.8.2023
The industry should build trust with retail consumers as Canada shifts to a digital economy, says Coinbase country director for Canada, Lucas Matheson
The FBI Seizes Nearly $2 Million Of Digital Assets In Three Months, New Filings Reveal
16.8.2023
The Federal Bureau of Investigation (FBI) seized digital assets worth $1.7 million from March to May in the United States.
According to the filing, the Federal law enforcement agency seized Bitcoin (BTC), Ether (ETH), USD Tether (USDT), Monero (XMR), and DAI in its ongoing efforts to curb unlawful...
Crypto Custodian Ledger Lets Users Buy Digital Assets In New PayPal Integration
16.8.2023
Crypto hardware wallet, Ledger has announced a new PayPal integration that allows its users to buy Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH).
According to a joint announcement by the companies on Aug 16, Ledger Live software become fully integrated with verified PayPal...
FBI seizes almost $2M in crypto assets in three months
16.8.2023
Crypto assets seized by the Federal Bureau of Investigation included Bitcoin, Ether, Tether, Monero and DAI
7 ways to safely store your private keys
16.8.2023
Explore seven methods for safely storing your private keys to ensure security of digital assets
Singapore Announces Stablecoin Rules, MAS to Label Regulated Tokens
16.8.2023
The Monetary Authority of Singapore (MAS) unveiled regulations aimed at ensuring the value stability of each stablecoin regulated in the city-state. Under the new rules, issuers that want their fiat-pegged tokens to be labeled as “MAS-regulated” will have to meet certain requirements. Singapore...