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Nigeria to Recognize Crypto as Investment Capital: Report
19.12.2022
A proposed bill will lay out crypto supervisory powers of the Central Bank of Nigeria and the country's securities regulator, an official has said
Expert Says Crypto Selloffs Will Accelerate if This One Thing Happens
19.12.2022
A top researcher in Japan has predicted that crypto selloffs could gather speed if bitcoin (BTC) is unable to hold at the $17,000 mark for a significant period of time.
The claim was made by Yuya Hasegawa, a market analyst at the Japanese crypto exchange bitbank, and reported by the Japanese media...
Crypto Options Market Has Become More 'Interdealer' Since FTX's Blowup: Paradigm
19.12.2022
Market makers' share of crypto options trading volume settled through OTC tech platform Paradigm has increased as hedge funds, family offices and high-net worth individuals sit on the fence
What is crypto market capitulation and its significance
19.12.2022
Cryptocurrency market capitulation revolves around investors' fears of further losses in a seemingly never-ending downward spiral, but it's also the period of maximum opportunity
Web3 Privacy Layer Aztec Raises $100 Million in Series B Funding Round to Produce an Encrypted Version of Ethereum
19.12.2022
Aztec, a Web3 privacy layer, has raised $100 million in a Series B funding round led by the Andreessen Horowitz subsidiary a16z crypto. The organization, which already offers privacy-based services for a slew of Ethereum-based apps, will now focus on constructing an encrypted version of Ethereum...
Government Agencies Need Crypto Wallets and Access to Exchanges, Russian Prosecutors Say
19.12.2022
Russian authorities are finding it hard to cash out digital assets they have gotten hold of, prosecutors have warned. They have also urged the government to recognize cryptocurrency as property, allow departments to have digital wallets and use crypto exchanges. Prosecutor’s Office Insists Russian...
$4B OneCoin scam co-founder pleads guilty, faces 60 years jail
19.12.2022
The co-founder of the fraudulent scheme is set to be sentenced in April 2023 on charges relating to wire fraud and money laundering
SEC Chairman Says Important to Regulate Crypto Issuers and Intermediaries
19.12.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has stressed the importance of bringing “intermediaries and issuers of crypto securities” into compliance. In addition, the U.S. Treasury Department’s Financial Stability Oversight Council (FSOC)...
Best Crypto to Buy Today 19 December – FGHT, BNB, D2T, SHIB, TARO
19.12.2022
Last week, the Federal Reserve made headlines when they announced a 50 basis point rate hike after four consecutive 75 bps hikes. This led the market to act like rate increases had reached their peak. But during the press conference that followed, Fed Chair Jerome Powell made it clear that rates...
Riot Games Trying To Get Out Of Terrible Crypto Sponsorship Deal
19.12.2022
Back in August 2021, Riot Games—the developers of League of Legends—signed a sponsorship deal worth tens of millions of dollars with cryptocurrency exchange FTX. You know, the exchange that is now bankrupt, with its founder arrested and facing serious fraud and money laundering charges.Read more
Israeli court rules authorities can seize crypto in 150 blacklisted wallets
19.12.2022
Over 150 crypto wallets blacklisted for alleged links to funding terror groups can now be drained of all funds following a ruling by an Israeli court
Shark Tank Star Kevin O’Leary Defends Support of Crypto Exchange FTX and Sam Bankman-Fried
19.12.2022
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has defended his support of the collapsed crypto exchange FTX and its former CEO Sam Bankman-Fried (SBF). “This is America. The justice system provides the presumption of innocence unless proven otherwise,” he stressed....
US Senate banking chair floats possibility of banning crypto
19.12.2022
Despite suggesting a possible ban, U.S. Senator Sherrod Brown stated it would be “very difficult” to implement because activity “would go offshore.”
350 new 'scam tokens' were created every day this year: Solidus Labs
19.12.2022
From September 2020 to Dec. 1 over 200,000 scam tokens were created with well over half of those deployed this year
The Federal Reserve's pursuit of a 'reverse wealth effect' is undermining crypto
19.12.2022
The Federal Reserve is seeking to push investors into reevaluating their portfolios by injecting chaos into markets
Gemini Forms Creditors Committee With Houlihan Lokey to Resolve Genesis Liquidity Issues
18.12.2022
Roughly two weeks ago a report from the Financial Times (FT) claimed Genesis Global Capital owed $900 million to Gemini customers and the publication’s sources noted that the exchange was attempting to recover the funds by creating a creditors committee. 31 days after Gemini paused the Earn...
Crypto Whales are Accumulating These Little Known Altcoins – Here’s Why
18.12.2022
Crypto whales are people or groups who hold a large amount of a given cryptocurrency--and they're always on the hunt for ways to increase the ROI of their crypto portfolios. One way they do this is to buy promising cryptos early in their development and during presales, which allows them to...
Warren’s Reactionary Crypto Policy vs. Dorsey’s Decentralized Social Media Gambit
18.12.2022
Policy actions that decry decentralization in response to FTX sort of miss the point. Crypto Long & Short is CoinDesk's weekly newsletter featuring insights, news and analysis for the professional investor
Onecoin Co-Founder Pleads Guilty to Fraud Charges in US
18.12.2022
Karl Sebastian Greenwood, a co-founder and operator of Onecoin, has pled guilty to his part in building the notorious crypto pyramid. The fake cryptocurrency’s “global master distributor” has been in custody since 2018 when he was arrested in Thailand and extradited to the United States....
Crypto Twitter Speaks Up for Hal Finney’s Account, SBF Was Reportedly Told by Binance CEO: Stop Causing ‘More Damage’ — Bitcoin.com News Week in Review
18.12.2022
Bitcoiners on Twitter recently pleaded with the CEO of the social media platform, Elon Musk, to preserve the account of late computer scientist and bitcoin pioneer Hal Finney. The outcry came after Musk announced that a mass of inactive accounts would be purged. Finney’s wife has since jumped...