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Korean Crypto Exchange Upbit's Parent Q3 Profit Slides 73%: Report
29.11.2022
Dunamu's net profit dropped to 160 billion won ($120 million), hit by lower trading and crypto market declines, CoinDesk Korea reported Tuesday
FTX collapse impacts Miami’s nightclub scene: Report
28.11.2022
Young crypto entrepreneurs went from spending big bucks on champagne showers to being visibly absent from the nightclub scene
Report: Microsoft To Offer Sony 10 Years Of Call Of Duty To Close Activision Deal
28.11.2022
Another day, another report or story about Microsoft doing whatever is needed to make sure its purchase of Activision Blizzard is allowed to happen. This time, it’s reported that Microsoft is willing to offer some concessions to regulators to get the deal approved, including a deal to keep...
Amid Civil Unrest in China, Gold and Silver Prices Hold Steady — Equity, Crypto Markets Flounder
28.11.2022
Reports on Monday detail that the zero-Covid policy protests in China have lowered market sentiment as U.S. equity markets show the top four Wall Street indexes are struggling. The global crypto market cap is down 3.5% and getting awfully close to dropping below the $800 billion mark. Precious...
Controlling shareholders' stakes in GBTC are 'highly illiquid': Report
28.11.2022
"It's net good news for GBTC shareholders and FUD fighting," said Selkis
Bitcoin is the king of crypto brand awareness for Aussies: Report
28.11.2022
The IRCI report states that Australians still believe in Bitcoin and that the boomer demographic is growing in conviction
UK Crypto Fraud Climbs by a Third to Over $270M: Report
28.11.2022
The U.K. is currently in a recession and the cost of living has increased, making some people vulnerable to fraudsters
Report: Nigerian Crypto Exchange Quidax Cuts Its Workforce by 20%
28.11.2022
As it reels from the effects of what it termed a global economic downturn, the Nigerian digital asset exchange platform, Quidax, recently said it had laid off employees who constituted 20% of its workforce. Despite the layoffs, Quidax reportedly told its customers it is ‘not going anywhere...
El Salvador Establishes National Bitcoin Office to Manage ‘All Projects Related to the Cryptocurrency’
26.11.2022
After the Salvadoran president Nayib Bukele revealed the country would buy a single bitcoin every day, a report published by Torres Legal details that the government of El Salvador has created a National Bitcoin Office (ONBTC). The report says the entity was created via Decree No. 49, which...
Report: State Securities Regulators Probe Crypto Lender Genesis
26.11.2022
State securities regulators are reportedly investigating Genesis Global Capital in a broad range probe into the “interconnectedness of crypto firms,” Barron’s reported on Friday. The report notes that the Alabama Securities Commission is looking into whether or not cryptocurrency firms have...
Latam Still Unprepared to Deal With Crypto Crime and Scams, According to GFI Report
26.11.2022
Latam is still unprepared to deal with cryptocurrency-related crimes and scam situations, according to a recent report issued by Global Financial Integrity (GFI), a Washington DC-based think tank. The document states that crypto regulation has failed to grow with the adoption of these...
Trouble in the Bahamas following FTX collapse: Report
25.11.2022
The locals say they are having to contend with vacant apartments and the loss of job opportunities, once provided by the collapsed exchange
Report: Crypto Financial Services Firm Matrixport Seeks $100 Million in Funding
25.11.2022
Crypto firm Matrixport Technologies is reportedly seeking $100 million in funding, according to people familiar with the matter. Sources detailed that the company already secured commitments from investors for roughly $50 million, which would give Matrixport a post-valuation of $1.5 billion....
Report: Luno Africa Says Customers and Operations Not Affected by Turmoil at Genesis Capital
25.11.2022
Just days after reassuring concerned customers, Marius Reitz, the general manager of crypto exchange Luno Africa, recently reiterated the company has not been impacted by Genesis Capital’s decision to pause withdrawals. He added Luno customers still have access to funds in the savings wallet...
BIS report finds uneven progress, differing motivations in African CBDC adoption
24.11.2022
A survey of the continent’s central banks shows optimism about greater efficiency and inclusion, but several drawbacks remain; Nigeria already has an operational retail CBDC
Separating Web3 facts from fiction: Report
24.11.2022
Web3 promises plenty of lofty goals and ideas, but what is it really, and are we close to achieving the dream?
Deloitte Report: Metaverse Could Be $13 Trillion Industry by 2030 – Here’s What You Need to Know
24.11.2022
The metaverse has the potential to generate an additional $800 billion to $1.4 trillion to Asia’s gross domestic product (GDP) per year by 2035, growing into a market worth up to $13 trillion annually by 2030, according to a recent report by international consultancy Deloitte. ...
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Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,200, as Federal Reserve Set to Pivot Policy
24.11.2022
Ethereum moved back above $1,200 on Thursday, as markets continued to react to the latest Federal Open Market Committee (FOMC) minutes. Yesterday’s report hinted that the U.S. Federal Reserve could pivot to smaller interest rate increases “soon.” Bitcoin was largely unchanged...
Report: Feds 'Likely' To Fight Microsoft's Purchase Of Activision Blizzard
24.11.2022
Politico are reporting that, “according to three people with knowledge of the matter”, the Federal Trade Commission is “likely to file an antitrust lawsuit to block Microsoft’s $69 billion takeover of video game giant Activision Blizzard”.Read more
Bank of Japan to Run CBDC Experiments With Country's Megabanks: Report
23.11.2022
The central bank will decide on issuing a CBDC in 2026