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EU’s McGuinness Urges Speedier Vote on Long-Delayed Crypto Laws
9.12.2022
A final vote on the law has been repeatedly pushed back, even though a deal was struck in June
600 Crypto-related Crimes Reported in Ukraine This Year, Say Police
9.12.2022
Ukrainian police officers say they have investigated 600 suspected crimes involving crypto since the start of the year.
Forklog reported that the claim was made by Evgeny Panchenko, the head of the analytics team at the police force’s cyber division.
Panchenko claimed that most of the cases...
Mizuho Downgrades Crypto Exchange Coinbase to ‘Underperform,’ Cuts Price Target to $30
9.12.2022
The bank’s analysis shows that 2023 revenue estimates for the crypto exchange are overly optimistic
First Mover Americas: It’s Time to Come Clean About Those Crypto Losses
9.12.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 9, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
UK pushes crypto efforts forward through financial services reforms
9.12.2022
The reforms include regulating stablecoins as a means of payment and creating a sandbox where firms and regulators can test new financial technologies
The SEC Wants Firms to Publicly Disclose Their Exposure to Crypto – More Regulation Coming?
9.12.2022
The US Securities and Exchange Commission (SEC) has made it clear that they want companies to disclose any crypto-related risks they may be exposed to, saying that both direct and indirect exposure must be described.
The SEC now says firms should describe how company bankruptcies and subsequent...
Brussels Wants All Crypto Service Providers to Report Transactions of Europeans
9.12.2022
The European Commission has set out to oblige platforms processing crypto transactions for EU residents to share information with tax authorities in the Union. According to the proposal, all crypto service providers, regardless of where they are based, will have to abide by the new rules. EU...
Exclusive: Employees of Crypto Firm Koinly Reveal Shocking Details About Surprise Company Layoffs – Executives Kept in the Dark?
9.12.2022
Koinly, a crypto tax reporting platform, has laid off 14% of its team, citing "the intensifying bear market" – but several employees have claimed that the cuts affected more people and were carried out unprofessionally with poor communication.
“In a bid to combat the challenging conditions facing...
Crypto Miner Hive Cuts Computing Power Forecast for Intel Chip-Based Rigs
9.12.2022
The Canadian firm said it would receive 5,800 machines by end-January, raking in upwards of 630 PH/s
Massachusetts Senator Forwards Bill Aimed at Forcing Crypto Miners to Report Greenhouse Gas Emissions
9.12.2022
On Dec. 8, 2022, three Democratic politicians from Massachusetts, Oregon, and California revealed legislation aimed at combatting “energy-intensive” cryptocurrency mining operations. The bill introduced by senator Ed Markey (D-MA) alleges that crypto mining “strains...
Crypto Trading Firm Amber Group Ditches $25M Chelsea Sponsorship Deal Amid Layoffs: Report
9.12.2022
Hong Kong-based cryptocurrency trading firm Amber Group is terminating a $25 million sponsorship deal with football club Chelsea FC, according to a Bloomberg report
UK Extends Crypto Tax Break for Investment Managers in Financial Reforms
9.12.2022
Rishi Sunak’s government has already legislated to use stablecoins as a means of payment as he seeks to make the country a crypto hub
Turkey has an obsession with crypto — specifically Dogecoin: Study
9.12.2022
A new study reveals Turkey in second place for crypto-related searches worldwide and first place for Dogecoin-related searches
Paraguayan Cryptocurrency Law Shelved After Presidential Veto
9.12.2022
The cryptocurrency and mining law that the Paraguayan Congress passed in June was finally shelved on Dec. 5. The document, which sought to bring order to crypto mining and exchange activities in Paraguay, was ultimately dropped after failing to obtain the votes needed to reject the presidential...
Approach with caution: US banking regulator’s crypto warning
9.12.2022
The Office of the Comptroller of the Currency (OCC) said the digital asset industry was maturing but was “not yet robust” in its risk management
Icebet Casino
9.12.2022
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Crypto Exchange Coinbase Asks Users to Switch USDT for USDC
9.12.2022
Coinbase highlights questions about Tether reserves in campaign to get users over to USDC
Kevin O’Leary Reveals FTX Paid Him $15 Million to Become a Spokesperson for the Exchange
9.12.2022
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has revealed that the collapsed crypto exchange FTX paid him about $15 million to become its spokesperson. “I put about $9.7 million into crypto. I think that’s what I lost. I don’t know. It’s all at zero,”...
GameStop to drop crypto efforts as Q3 losses near $95M
9.12.2022
The gaming company has stopped its cryptocurrency-related focuses but is seemingly still pushing ahead with its NFT and blockchain plans
After Bitcoin & Ethereum Price Recovery New Crypto Coins Set to Pump?
9.12.2022
The Bitcoin price is up over 2% and the ETH price nearly double that - is it time to buy new cryptocurrencies for altcoin season?
The crypto markets still have to contend with PPI data later today then CPI and FOMC next week, but at press time Bitcoin has closed four hour candles just over the...