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XEN crypto detonated the crypto market, cryptocurrency trading platform MEXC became its main battlefield
12.10.2022
Recently, a project called XEN Crypto suddenly detonated the crypto market. The mint of its token XEN attracted the participation of more than 364,114 wallet addresses. It triggered a surge in Ethereum network gas fees for 2 consecutive days, reaching 200wei at one point on October 9. According...
Interoperable QR Payments Reach Record Number in Argentina
12.10.2022
Interoperable QR payments, a system that allows all digital wallets in Argentina to make payments in several stores, reached a record number in September. According to official numbers, 3.15 million payments were completed using this system, including cryptocurrency-based payments that exchanges...
Crypto Investment Product Firm 21Shares Launches Bitcoin ETP in Middle East
12.10.2022
21Shares’ physical bitcoin exchange-traded product will list on the Nasdaq Dubai
Coinbase Receives In-Principle Approval to Provide Crypto Services in Singapore
12.10.2022
Singapore’s central bank, the Monetary Authority of Singapore (MAS), has given Coinbase “in-principle approval” allowing the crypto exchange to “offer regulated digital payment token products and services in the island state.” Coinbase stressed:...
Decentralized ID the key to mainstream DeFi adoption—Quadrata co-founder
12.10.2022
Decentralized identities would open Web3 to a range of services requiring personal information and allow platforms to offer tailored products, according to the CEO of Quadrata
US Treasury Charges Bittrex With Sanctions Violations, Crypto Exchange Agrees to Settle With Regulator
12.10.2022
On October 11, the U.S. Treasury department’s Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC) announced that it has settled charges with the cryptocurrency exchange Bittrex. The crypto exchange was accused of sanctions violations and failure...
$100M drained from Solana DeFi platform Mango Markets, token plunges 52%
12.10.2022
The platform’s treasury was drained of over $100 million worth of cryptocurrency after an attacker manipulated price data of its native token to take out loans against their holdings
Google Cloud Partners With Coinbase to Accept Crypto Payments, Drive Web3 Innovation
12.10.2022
Google Cloud has announced a partnership with Coinbase to drive Web3 innovation that includes using the crypto exchange to accept cryptocurrency payments. “We are excited Google Cloud has selected Coinbase to help bring Web3 to a new set of users and provide powerful solutions...
Bitcoin Miner Cleanspark Completes Sandersville Facility Acquisition, Firm’s Hashrate Now 4.7 Exahash
12.10.2022
On October 11, the publicly-listed bitcoin miner Cleanspark announced that it has completed the acquisition of Mawson Infrastructure Group’s Georgia-based bitcoin mining facility. Following the acquisition, Cleanspark says it now manages 220 megawatts (MW) of bitcoin miners with a hashrate...
Bitcoin analysts and traders say BTC’s low volatility is ‘a calm before the storm’
11.10.2022
Stocks markets slide toward yearly lows, while Bitcoin price remains range-bound. Here’s why crypto analysts expect a sharp move from BTC soon
Financial Stability Board opens proposed crypto regulatory framework for public comments
11.10.2022
“Effective regulatory and supervisory frameworks should be based on the principle of ‘same activity, same risk, same regulation,’” said the FSB proposal
Crypto Mixers Haven't 'Slowed' DOJ Investigations, Director Says
11.10.2022
U.S. Department of Justice Crypto Enforcement Team Director Eun Young Choi said mixers cause a "multiplier effect" but aren't "necessarily" slowing investigations down
City of Niagara Falls orders Blockfusion facility to cease and desist crypto mining
11.10.2022
The city notice effectively stopped the facility from conducting “any cryptocurrency mining or related operations” until Blockfusion was in compliance with local zoning ordinances
Portugal Prepares to Tax Crypto Gains at Rate of 28%, Draft Budget Unveils
11.10.2022
Authorities in Portugal intend to impose a levy on gains from short-term crypto investments with the state budget for next year. The document, which still needs the approval of Portuguese lawmakers, signals a change in the EU nation’s positive attitude towards crypto assets. Government...
Report: The Oldest Bank in America, BNY Mellon Can Now Custody Bitcoin and Ethereum
11.10.2022
America’s oldest bank, the Bank of New York Mellon Corporation, commonly known as BNY Mellon, has announced the financial institution can now custody cryptocurrencies. A report published by the Wall Street Journal on Tuesday, says BNY Mellon was approved by the New York State Department...
Justin Sun 'Optimistic’ About Crypto’s Return to China, Addresses Huobi Acquisition
11.10.2022
Tron founder Justin Sun joined “First Mover,” to discuss his role on Huobi’s advisory board and why he’s hopeful the crypto exchange will make its way back to mainland China
Mass adoption will be terrible for crypto
11.10.2022
From reversible transactions to increased regulation and a rising tide of censorship, mass adoption is going to make crypto look more like the systems we’re trying to escape
BNY Mellon, America's oldest bank, launches crypto services
11.10.2022
The bank will store private keys and provide bookkeeping services equivalent to those offered to fund managers in traditional assets
Market Maker GSR Cuts Staff Amid Crypto Winter
11.10.2022
The trading shop cut less than 10% of staff to “continue to position our business for long-term growth,” a spokesperson told CoinDesk
How Jump Crypto Is Supporting Web3 Projects Across the DeFi Ecosystem
11.10.2022