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The State of Crypto Taxation in India: Past, Present and Future
14.11.2022
Even though the legality of crypto in India is still a matter of debate, new crypto tax laws are already affecting businesses and individuals
Binance Forming Crypto Industry Recovery Fund to ‘Reduce Further Cascading Negative Effects of FTX’
14.11.2022
Cryptocurrency exchange Binance is forming an industry recovery fund to “reduce further cascading negative effects of FTX,” said CEO Changpeng Zhao (CZ). “As an industry, we need to increase transparency,” the executive stressed. “We need to work very closely with...
Crypto Exchange PowerTrade to Offer Custody Services to Institutional Clients
14.11.2022
The exchange’s tie-in with Copper will allow clients to minimize counterparty risk, said the company
First Mover Americas: FTX Faces Criminal Charges
14.11.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 14, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin, Ethereum Technical Analysis: BTC Rebounds Following Bullish Comments From Elon Musk
14.11.2022
Bitcoin started the week trading below $17,000, as volatility in the cryptocurrency space continued to intensify. Following last week’s collapse of FTX, account withdrawals have increased, with several customers opting to remove their tokens from exchanges. However, strong comments from...
Let’s Actually Commit to Proofs of Reserve This Time, Okay?
14.11.2022
Requiring exchanges to show they have assets to match their liabilities would improve transparency and help to win back public trust in crypto, says Nic Carter
Zilliqa continues bearish momentum: Should you buy ZIL in 2022?
14.11.2022
Many experts are bullish about the crypto markets, but no one expects it to recover in the short term. The FTX liquidity crisis became a major issue of the downfall when the crypto market started to recover from its yearly low. Before the end of this year, most cryptos formed a yearly low after...
FTX Collapse Exposed 'Weaknesses' in Crypto, Janet Yellen Says: Report
14.11.2022
The U.S. Treasury Secretary said the crypto sector is in need of "very careful regulation."
St. Kitts and Nevis to Explore Possibility of Making Bitcoin Cash Legal Tender by March 2023
14.11.2022
St. Kitts and Nevis will explore the possibility of making bitcoin cash legal tender by March 2023. The statement was made by St. Kitts and Nevis Prime Minister Terrance Drew as part of the Bitcoin Cash 2022 Conference held in the country, declaring that Bitcoin Cash mining activities will also...
Citi: Correlation Between Equity Markets, Bitcoin Weakens Following FTX Collapse
14.11.2022
Decentralized exchanges have gained market share as confidence in their centralized equivalents declined, the report said
PEGA Pool to Launch in 2023 to Help You Offset Your Carbon Footprint While Crypto Mining
14.11.2022
PEGA Pool is an eco-friendly crypto mining pool currently in private beta testing and is expected to be open to the public in the first quarter of 2023. Regarding bitcoin mining, there have always been concerns about its environmental impact; however, now is the ideal time to make a difference...
Hong Kong Crypto Platform Hbit's $18.1M Stuck in FTX
14.11.2022
In an announcement to shareholders on Monday, New Huo Technologies Holdings Limited, said regarding its subsidiary, that $13.2 million of the money belonged to clients, while, $4.9 million were Hbit assets
There Was No Cause to Add FTX to Investor Alert List Before Collapse, Singapore's MAS Says
14.11.2022
The Monetary Authority of Singapore said it was not possible to prevent Singapore users from directly accessing overseas service providers, and warned regulations don’t protect against risky speculative trades
Goldman Cuts Coinbase Price Target to $41, Says Exchange is Fairly Insulated From FTX Collapse
14.11.2022
Goldman maintained a sell rating on COIN, revising its 12-month price forecast to $41 from $49
Bitcoin Cash Could Be Legal Tender in St. Kitts by March, Prime Minister Says
14.11.2022
The Caribbean nation could join El Salvador and the Central African Republic in backing crypto
Morgan Stanley Says There Is Still Much Leverage in the Crypto Ecosystem
14.11.2022
Retail investors may start to sell if the bitcoin price drops below $10,000, the bank said
Fiat-to-Crypto Company Ramp Raises $70 Million to Solve the Crypto Onboarding Problem
14.11.2022
Ramp, a fiat-to-crypto company, has announced it has raised $70 million as part of its Series B funding round. The round was co-led by Mubadala Capital and Korelya Capital, with Balderton Capital and Cogito Capital participation. The company explained that these funds would allow it to improve...
Canaan Q3 Net Income Drops 88% as Bitcoin Mining Declines
14.11.2022
Canaan (CAN), a producer of bitcoin mining equipment, said net income slumped 88% in the third quarter due to "negative market dynamics."
Crypto.com CEO Dismisses Speculation of Financial Trouble, Says FTX Exposure Is Minimal
14.11.2022
In a live question-and-answer session, Crypto.com CEO Kris Marszalek said the company’s balance sheet is strong
Ukraine’s Cyberpolice Expose Members of Crypto Fraud Scheme Making €200 Million a Year
14.11.2022
A report shows Ukrainian Cyberpolice identified members of a group that defrauded people around the world through fake crypto investment offers. The criminal organization maintained offices and customer service centers with thousands of employees in a number of European countries. Cyberpolice...