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Experts Predict Future Regulation of Crypto Exchanges by 2025, With Split Opinion on Similarity to Traditional Finance
3.2.2023
Following finder.com’s reports on bitcoin and ethereum predictions, the product comparison site polled 56 specialists in the fintech and cryptocurrency industry to gauge their thoughts on future regulation of crypto exchanges. The experts predict that virtual currency trading platforms will...
Sberbank Set to Launch Decentralized Finance Platform Based on Ethereum
3.2.2023
A recent report details that Russia’s largest financial institution, Sberbank, plans to launch a decentralized finance (defi) platform in May. Konstantin Klimenko, product director of Sberbank’s blockchain laboratory, said that open testing will begin in March. Sberbank’s Defi...
Kazakhstan’s digital currency in pilot stage, per Binance, National Bank joint report
3.2.2023
The Central Asian country’s CBDC project is right on time, according to a 2020 roadmap, as consumers and merchants use the currency in a controlled environment
Bumpy Ride Likely for Bitcoin After Strong US Jobs Report, But On-chain Metrics Still Screaming Bull Market
3.2.2023
Friday was a choppy, indecisive day in the Bitcoin market, with prices swinging between losses and gains of about 1.0% each way as traders digested the latest much stronger-than-expected US labor market report for last month. According to the latest figures from the US Bureau of Labor Statistics...
Craig Wright's UK Case Against 16 Bitcoin Developers to Go to Full Trial
3.2.2023
A full trial is expected in early 2024 following a successful appeal
Bitcoin, Ethereum Technical Analysis: BTC Falls From Recent High, Ahead of US Non-Farm Payrolls
3.2.2023
Bitcoin retreated from a six month high on Feb. 3, as bears reentered the market ahead of today’s U.S. non-farm payrolls (NFP) report. Following a move above the $24,000 level on Thursday, sentiment shifted, as traders prepared for the pivotal report, which is expected to come in at 185,000....
Russia's Sberbank Will Introduce DeFi Platform by May: Report
3.2.2023
The bank's blockchain product director believes DeFi will one day replace traditional banking services
Indonesia Delays Crypto-Stock Exchange Launch Again, This Time Till June: Report
3.2.2023
The government, which is in the process of changing regulators for crypto, had initially planned to roll out the trading platform by end-2021
Silvergate Bank Stock Plunges After Report of DOJ Investigation into Ties with FTX and Alameda
3.2.2023
Silvergate shares have seen a sharp drop in pre-market trading following the news that US officials have launched a probe into the crypto bank's dealings with fallen crypto giants FTX and Alameda Research. ...
Read More: Silvergate Bank Stock Plunges After Report of DOJ Investigation into Ties with...
Bitcoin Market Sentiment Is Most Bullish in 14 Months With U.S. Jobs Report Due
3.2.2023
The cost of holding a bullish long position in perpetual futures tied to bitcoin has jumped to the highest since the dizzy bull market days of late 2021
Report: Egyptian Lawmakers Hail Parliament’s Endorsement of Pact to Join BRICS Bank
3.2.2023
Egyptian lawmakers recently hailed the parliament’s endorsement of a pact that allows the country to join the New Development Bank, a report has said. According to the report, the lawmakers believe joining this BRICS-backed institution will help Egypt reduce its demand for dollars and enable...
Banks in Russia to Lose $700 Million a Year Due to Digital Ruble, Experts Say
3.2.2023
Russian banks may be the main losers from the introduction of a digital ruble while retailers will save on acquiring fees, analysts have predicted. The benefits for consumers using the new digital currency are not that obvious as they may not be paid any interest or cashback. Launch of Russia’s...
Silvergate faces DOJ investigation over FTX and Alameda dealings: Report
3.2.2023
The crypto bank hasn't been accused of wrong doing, but prosecutors want to see how deep the dealings between the crypto bank and FTX went
Silvergate Stock Tanks on Report of DOJ Probe Tied to FTX, Alameda Dealings
2.2.2023
Shares of the crypto bank were falling almost 30% following the publication of a Bloomberg article Thursday
Only 4 people controlled Tether Holdings as of 2018: Report
2.2.2023
New York Attorney General and Commodity Futures Trading Commission probes into Tether in 2021 exposed its previously unknown ownership structure
Crypto-related enforcement actions by US states rose sharply in 2022: Report
2.2.2023
There were almost twice as many state actions as federal in 2022, although both the feds and the states broke previous record by significant margins
Lack of liquidity mitigated damages to BonqDAO exploit: Report
2.2.2023
After amassing $120 million in tokens through an infinite minting glitch, hackers reportedly only cashed out around $1 million due to a lack of liquidity on BonqDAO
DeFi enjoys prolific start to 2023: DappRadar report
2.2.2023
DeFi protocols have seen significant growth in total value locked in January 2023, with Lido Finance leading the charge
Kraken shuts down Abu Dhabi office: Report
2.2.2023
Several Kraken employees will reportedly remain in the Middle East and North Africa, with regional managing director Benjamin Ampen likely to leave following the transition
Bitzlato CEO arrested by Spanish police: Report
2.2.2023
Authorities seized an estimated $19.8 million worth of crypto, fiat and luxury goods from Bitzlato executives related to an ongoing money laundering investigation