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Algorand Foundation Declares $35M Exposure to Troubled Crypto Lender Hodlnaut
12.9.2022
Hodlnaut was placed under Interim Judicial Management in Singapore after suspending withdrawals from its platform in early August
Aussies already lost $242M to investment and crypto scams in 2022
12.9.2022
People over 55 and under 64 years of age represent the largest age bracket who have fallen prey to scams
Crypto insurance a ‘sleeping giant’ with only 1% of investments covered
12.9.2022
With over $2 billion lost in decentralized finance this year, there exists a huge market opportunity for crypto insurance providers, according to an executive
State Street: Institutional investors undeterred by crypto winter
12.9.2022
A State Street exec says there is an institutional “belief that the asset class is here to stay” and to expect further product launches from traditional finance firms moving forward
Russia’s Tech Giant Rostec to Test Digital Asset Payments in International Trade
12.9.2022
Russia’s leading technology company, Rostec, is working on a project to integrate digital assets into cross-border trade. The state-owned corporation says the market is interested in cryptocurrency payments which can reduce sanctions pressure on Russian exporters and importers. Rostec Eyes...
Gary Gensler Asks SEC Staff to Fine-Tune Crypto Compliance — Says ‘Vast Majority Are Securities’
12.9.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, revealed that he has asked staff at the SEC to fine-tune compliance for crypto tokens and intermediaries. He emphasized that the vast majority of crypto tokens are securities. SEC Chairman Gary Gensler on Crypto...
First Mover Asia: Bitcoin Holds Steady Above $21K; DeFi Platform Forward’s $5M Funding Round Highlights Crypto’s Growth in Thailand, but Regulation Lags
12.9.2022
Two of Thailand’s largest banks participated in the round, but the country also faces a major obstacle keeping its best tech talent
Algorand Foundation outlines $35M exposure to crypto lender Hodlnaut
12.9.2022
The Foundation stated that it is “pursuing all legal remedies to maximize asset recovery.”
In 2 Months the Top Smart Contract Tokens Gained 44% Against the Greenback Ahead of Ethereum’s Merge
12.9.2022
With The Merge coming next week and Cardano’s Vasil hard fork commencing soon after, the market capitalization of the top smart contract tokens by valuation increased 1.19% during the past 24 hours to $316 billion on September 11, 2022. Moreover, the market capitalization of the top smart...
Crypto traders eye ATOM, APE, CHZ and QNT as Bitcoin flashes bottom signs
11.9.2022
Bitcoin, ATOM, APE, CHZ and QNT are facing resistance at higher levels, but the chart patterns suggest that the current recovery may extend for a few more days
Bitcoin Academy in Brooklyn Backed by Jay-Z and Jack Dorsey Airdrops BTC to Class Participants
11.9.2022
Rap star Jay-Z, otherwise known as Shawn Carter, and Block CEO Jack Dorsey, recently airdropped bitcoin to members of the Bitcoin Academy in Brooklyn. Jay-Z’s mother, Gloria Carter explained in a statement that a myriad of residents from Brooklyn’s Bedford-Stuyvesant participated,...
Bitcoin Mining Expansion Heats Up: Crypto Miner Secures Underground Bunker, Cleanspark Snags Turnkey Mining Site
11.9.2022
Bitcoin mining operations continue to truck on through the crypto winter as a number of miners have revealed expansion plans during the last week. Following the acquisition of 10,000 ASIC Antminers, Cleanspark revealed it acquired a turnkey bitcoin mining facility from Mawson Infrastructure....
Latin America is ready for crypto — just integrate it with their payment systems
11.9.2022
Brazil is already leading the globe in cryptocurrency adoption. Integrating crypto with payment providers in the region is a surefire way to see Latin America fully embrace the industry
Russia Shuts Off EU Gas, Vitalik Discusses Bitcoin Security, and More — Bitcoin.com News Week in Review
11.9.2022
Macro markets and geopolitics dominated the news this week, with Russia cutting off Europe’s gas supply, hedge funds betting against Italian debt, and the International Monetary Fund’s bailout for Zambia helping the kwacha overtake the ruble as the world’s best-performing...
Amp Price up 34% to $0.007674 - Why the Pump And Should You Buy This Crypto Now?
11.9.2022
Amp price (AMP) is red hot today, making it the standout performer in Sunday crypto trading action, up 34% at $0.00763.
The Amp crypto asset will be known to many as the platform that hosts the Flexa instant crypto payments app, which in turn powers the SPEDN app....
Read More: Amp Price up 34%...
Terra Luna Classic Crypto Price Prediction 2022 - Can LUNC Rocket to $0.00088?
11.9.2022
Terra Luna Classic (LUNC) is now trading in a healthy consolidative retreat at $0.000442, currently down 25% from the $0.00059 swing high achieved on the 7th of September.
The battle for control between the bulls and bears is still finding equilibrium but there is still scope for LUNC to push...
Nigerian Blockchain Startup Bitmama Closes $2 Million Pre-Seed Round
11.9.2022
After raising $1.65 million via a pre-seed extension, Bitmama, a Nigeria-based blockchain startup, has now closed its pre-seed funding round at $2 million, a report has said. Leading the funding round were two Africa-focused venture capital firms: Unicorn Growth Capital and Launch Africa....
Florida govt warns against auto warranty scammers asking crypto payments
11.9.2022
Regardless of the methods used by scammers to contact potential victims, the FDACS newsletter highlighted five red flags that can help citizens identify and evade possible scams
SEC to address growing crypto issuer filings with specialized offices
11.9.2022
The upcoming Office of Crypto Assets will review crypto filings, allowing DRP to refocus on filing review issues related to crypto assets
US SEC Sets Up Dedicated Office to Review Crypto Filings
11.9.2022
The U.S. Securities and Exchange Commission (SEC) is setting up a dedicated office to review crypto-related filings. The securities regulator stressed the need to “provide greater and more specialized support” for crypto assets. SEC’s Dedicated Crypto Office The U.S. Securities...