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Florida best-prepared US state for widespread crypto adoption: Research
10.12.2022
While US the most dominant player in crypto, a state-wise analysis reveals that not all 50 states are equally prepared for the inevitable mainstream crypto adoption
Crypto.com Crypto Exchange Provides Proof of Reserves After Panic by Investors – Here’s What You Need to Know
10.12.2022
Crypto.com has become the latest cryptocurrency exchange to release its Proof of Reserves data from auditing firm Mazars Group, proving that its clients' assets are fully backed one-to-one.
According to a Friday blog post, auditing firm Mazars conducted the verification process, revealing that...
Report: Chipper Cash Valuation Dropped to $1.25 Billion After it Secured Additional Funding From FTX
10.12.2022
After Chipper Cash ended 2021 as one of Africa’s most valued fintechs, the FTX-backed startup’s valuation dropped from $2 billion to $1.25 billion after it reportedly received a $35 million simple agreement for future equity (SAFE) grant from the now-collapsed crypto exchange FTX....
European Union to Put a 10,000-Euro Limit on Cash Payments; Transactions Over €1,000 in Crypto Will Be Scrutinized
10.12.2022
The states of the European Union have convened to establish a new limit on cash purchases and to strengthen the controls on cryptocurrency transactions. On Nov. 6 the bloc agreed to put a limit of €10,000 ($10,557) on cash payments and to exert stronger oversight on crypto transactions of over...
Meme Coin Economy Heals After the FTX Fiasco Swelling by $1.4 Billion in 30 Days
10.12.2022
The meme coin economy has seen its value increase 7.77% against the U.S. dollar during the last month, as the meme token market leader dogecoin jumped 29.4% higher in 30 days. Dogecoin has also managed to move from the ninth-largest market cap position to the eighth-largest crypto market valuation...
Russia’s Interior Ministry Employs Tool to Identify Crypto Wallet Owners, Track Transactions
10.12.2022
The Russian Ministry of Internal Affairs is now using a digital tool allowing officers to link cryptocurrency wallets to their owners. The software also has a feature facilitating the monitoring of crypto asset transactions, the department told Russian media. Russian Police Brag About New Crypto...
Binance and Crypto.com Publish Proof-of-Reserve Audits Conducted by Global Auditor Mazars Group
10.12.2022
This week two cryptocurrency exchanges provided proof-of-reserves in order to highlight that the trading platforms are backing customer assets 1:1. Binance published its report on Dec. 7, 2022, and detailed the global auditor Mazars Group conducted the audit. On Dec. 9, 2022, the exchange...
Report Shows Crypto News Publication The Block Was Secretly Funded by Bankman-Fried’s Alameda
9.12.2022
On Dec. 9, 2022, Axios reporter Sara Fischer reported on the CEO of the crypto media The Block after it was discovered that the chief executive was secretly funded by Alameda Research, the now-defunct trading firm co-founded by Sam Bankman-Fried. According to the report, sources say The Block...
Crypto Markets Today: Exposed Alameda Research Loans to Media Site The Block and Its CEO Adds to FTX’s Miseries
9.12.2022
The fallout from crypto exchange FTX’s implosion continued as data showed the GBTC discount rate to bitcoin hitting a record high. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Best Crypto to Buy Today 9 December – IMPT, TWT, D2T, GRT, RIA
9.12.2022
After Bitcoin's surge of 2.32% from the $16,800 support level yesterday, the cryptocurrency market seemed to regain its footing Friday in the $16,800 to $17,300 range. However, as risk asset markets took a turn downward in the afternoon, crypto markets followed the trend, with Bitcoin losing 0.43%...
Ethereum and Litecoin make a move while Bitcoin price searches for firmer footing
9.12.2022
Bitcoin price aims for support at $17,000, while LTC follows a pre-halving narrative and ETH looks somewhat bullish in its BTC pair
CEO of crypto news site The Block resigns for failing to disclose $27M loans from Alameda Research
9.12.2022
New CEO Bobby Moran said there was no evidence that Mike McCaffrey had "improperly" influenced coverage of Sam Bankman-Fried, FTX, and Alameda Research on the news site
Sam Bankman-Fried’s Alameda Research Secretly Funded Crypto Media Site The Block and Its CEO
9.12.2022
CEO Michael McCaffrey has resigned as a result of the loans coming to light, The Block confirmed
Crypto.com releases proof of reserves, showing above 100% for BTC, ETH
9.12.2022
The new disclosure page allows skeptical users to self-verify that their assets are included in the report
Coinbase Entices Users to Switch From USDT to USDC, Crypto Firm Says Recent Events ‘Put Some Stablecoins to the Test’
9.12.2022
Coinbase, one of the largest cryptocurrency firms in the industry, has published a blog post that tells users to “switch to the trusted and reputable digital dollar,” referring to the stablecoin asset usd coin. The company’s blog post specifically mentions switching...
Crypto Biz: Is Goldman Sachs the ultimate crypto contrarian?
9.12.2022
Is the U.S. investment bank looking to buy up distressed crypto firms amid the bear market?
ZOGI Token Launches on Cronos, BNB Chain and Ethereum With Revolutionary Wrapper
9.12.2022
Dubai, December 9th – Zogi Labs, a pioneering crypto company & gaming studio famously known for the BEZOGE token and the up-and-coming crypto-based MMORPG, The Legends of Bezogia today launches their new ZOGI token on Cronos, BNB Chain & Ethereum. The ZOGI token is a wrapped...
Biggest Movers: MATIC, QNT Move Higher on Friday, as Cryptos Rebound
9.12.2022
Polygon was a notable gainer on Friday, as cryptocurrencies moved higher following a turbulent week of trading. The global crypto market cap is 2.28% higher as of writing, as markets prepared for the release of U.S. consumer sentiment data. Quant was another big mover, as prices surged for a second...
Uniswap Foundation Proposes Changes to Crypto DEX's Governance, Voting Processes
9.12.2022
The proposal, which will be brought to a vote next week, aims to reduce friction in governance by reframing the steps that bring proposals to votes
Why is Crypto Going Up – DXY Down, Time to Buy Coins For Altcoin Season?
9.12.2022
On Friday, a weaker dollar may have helped propel crypto prices upward as stock market investors remained cautious after U.S. inflation numbers came in at historically high levels despite a slight easing, and uncertainty around the upcoming FOMC meeting next week....
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