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Today in Crypto: JPMorgan Deploys JPM Coin for Euro-Denominated Payments, Casa Rolls out Support for Ethereum Storage, US SEC Grants BlockFi Temporary Relief From Settling a $30M Penalty, Gemini Staking Pro Expands to the UK
23.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: JPMorgan Deploys JPM Coin for Euro-Denominated Payments, Casa Rolls out Support for Ethereum Storage,...
Bitcoin Mining Operation for Pool Heating Sparks Debate at NYC Spa
23.6.2023
A Brooklyn-based bathhouse and spa sparked a debate after it revealed it was operating a small-scale Bitcoin (BTC) mining operation that heats its swimming pools.
In a Wednesday Instagram post, Bathhouse revealed that its pools are heated with byproduct energy from Bitcoin mining. ...
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Crypto Yield Firm Haru Invest Sacks 100+ Employees Following Withdrawal Halt
23.6.2023
Haru Invest, a struggling South Korean crypto yield platform, has reportedly terminated contracts for over 100 employees.
"After much consideration, it comes with a heavy heart to inform you that we will be minimizing the operations of Haru Invest and its affiliated companies to prevent further...
Fairspin's TFS Token Allows Casino Players to Earn Rakeback on Winning and Losing Bets and Earn 23% on Daily Staking
23.6.2023
The iGaming industry is witnessing increased growth, with numerous gamblers migrating to online services for better convenience and enhanced benefits.
Online gambling setups always were slated to revolutionize the gambling industry, with technological advancements overshadowing brick-and-mortar...
FTX Seeks to Recover $700 Million from Sam Bankman Fried's Affiliated Funds
23.6.2023
Now-defunct cryptocurrency exchange FTX has sued a former aide for Hilary Clinton and the former aide's investment firm, K5 Global, to retrieve $700 million in funds.
On Thursday, the company filed a complaint in Wilmington, Delaware, bankruptcy court, asking back the $700 million its founder Sam...
Binance Opens Regulated Crypto Platform in Kazakhstan Amid Regulatory Challenges in the West
22.6.2023
Binance has launched a regulated cryptocurrency exchange in Kazakhstan amid growing regulatory troubles in the West.
In a Wednesday blog post, the world's largest crypto exchange said it is launching the new platform after it secured a permanent license from Kazakhstan’s AIFC Financial Services...
‘Bitcoin only’ buy-and-hold investment strategy outperforms altcoins over the long term — Analysis shows
22.6.2023
Historical data shows that apart from a few times since 2015 when altcoins outperformed BTC, a ‘Bitcoin only’ investment strategy has fared considerably well
Beware of Fake Regulatory Claims by Crypto Firms, Warns Canadian Securities Administrators
22.6.2023
Canada’s crypto sector has seen a rise in the number of companies that falsely claim to be authorized to offer their services in the country, according to the Canadian Securities Administrators (CSA).
The authorities stated that several firms claimed to be affiliated with fictitious regulatory...
Today in Crypto: Atomic Wallet Publishes Post-Attack 'Full Event Statement', Binance Brazil Director May be Summoned by Parliament, Ripple Gets In-principle Approval for Singapore Digital Payment License
22.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Atomic Wallet Publishes Post-Attack 'Full Event Statement', Binance Brazil Director May be Summoned...
Venezuela's Cryptocurrency Mining Ban Damages Industry Maduro Once Supported
22.6.2023
Venezuela’s ban on cryptocurrency mining has severely damaged the industry that President Nicolás Maduro once supported.
Back in March, the state regulators ordered a halt on mining cryptocurrencies after an investigation into a corruption scheme in which crypto wallets redirected payments owed...
Billionaire Mike Novogratz's Galaxy Digital Welcomes Former Genesis Exec as Sales Head
22.6.2023
Leon Marshall, a former executive at Genesis, has joined Mike Novogratz's Galaxy Digital as global head of sales.
Per his LinkedIn, this crypto trading veteran held the same role at Genesis from January 2019 until June 2023.
Genesis was a unit of the Digital Currency Group (DCG) that, along...
Binance Labs and CoinFund Lead $10 Million Funding Round for Cosmos Blockchain Neutron
22.6.2023
Binance Labs and CoinFund have co-led a $10 million funding round for Neutron, a cross-chain smart contract platform focused on interchain security within the Cosmos ecosystem.
Binance Labs, the investment arm of leading cryptocurrency exchange Binance, took the lead in the funding...
Monetary Authority of Singapore Proposes Protocol for Digital Money, Includes CBDCs and Stablecoins
21.6.2023
Singapore’s central bank has proposed a whitepaper on purpose-bound money (PBM), a protocol that will define benchmarks for the use of digital money including central bank digital currencies (CBDCs) and stablecoins. ...
Read More: Monetary Authority of Singapore Proposes Protocol for Digital Money...
Today in Crypto: Citadel & Fidelity-Backed EDX Launches Trading, Core Scientific Files Chapter 11 Bankruptcy Plan, Canadian Securities Administrators Warns About Fraudulent Crypto Companies
21.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Citadel & Fidelity-Backed EDX Launches Trading, Core Scientific Files Chapter 11 Bankruptcy Plan, Canadian...
Gemini Announces Plans for Expansion in Asia-Pacific Amid SEC Lawsuit
21.6.2023
Crypto exchange Gemini has announced plans to expand into the Asia-Pacific (APAC) region to capture the “next wave of growth for crypto.”
The US-based crypto exchange aims to increase its headcount in Singapore and establish an engineering division in India, the platform said in a Monday blog...
Chimpzee is a Shining Example of How Web3 Can Make a Difference in the World: $15,000 Donated in the Presale Stage
21.6.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
Chimpzee is a beacon of hope for the Web3 industry that's on a mission to revolutionize how people contribute to charity. The entire premise behind the project is to provide a method for people...
Over 2,400 Companies, Including Binance's UK Office, Share a Small Suffolk Building – What's Going On?
20.6.2023
A Reddit post shows "Binance Ltd" as well as some 2,400 other companies, use a small Suffolk Building as a registered office address in the UK.
In a Monday post on the r/Buttcoin subreddit, user solanawhale shared the address of a so-called “utility closet” that a firm called Binance Ltd uses...
EU Puts Brakes on Legislation for Digital Euro – What's Going On?
20.6.2023
The European Union was nearing the originally scheduled date for implementing the legislation required for a digital euro, slated for June 28th, just over a week from today, June 20th.
However, with the deadline looming, the EU has opted to temporarily put the bill on hold.
The delay came after...
Today in Crypto: Deutsche Bank Applies for German Digital Asset Custody License, Scam Trezor App Warning, Japan's Crypto Exchanges Urge Regulators to Relax Margin Trading Restrictions, New Banking Restrictions for Australian Exchanges
20.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Deutsche Bank Applies for German Digital Asset Custody License, Scam Trezor App Warning, Japan's Crypto...
Alibaba Names Crypto-Friendly Joseph Tsai as New Chairman
20.6.2023
Alibaba has announced that crypto-friendly Joseph Tsai, currently Executive Vice Chairman, will replace eight-year veteran chief Daniel Zhang as the company's new Chairman.
In a Tuesday press release, the company also said that Eddie Wu, now chairman of Alibaba’s core Taobao and Tmall online...