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Blockchain Association Sets Up PAC to Influence US Crypto Policy
12.9.2022
The Blockchain Association is adding its own political action committee (PAC) to the crypto industry’s growing array of campaign-finance efforts seeking to steer the U.S. government’s debate over digital assets
Crypto Services Firm Abra "In Process" of Forming US Bank
12.9.2022
Abra expects its banking platform to launch in 2023
Algorand Admits it has Lost $35 Million in the Hodlnaut Implosion
12.9.2022
The ongoing bear market in the cryptocurrency market that started earlier this year has led to many companies suffering immense losses. One of the recent firms to announce losses because of the bear market is Algorand, which has reported a loss of $35 million following the Hodlnaut debacle....
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Crypto Exchange Huobi to Delist 7 Privacy Coins, Including Zcash, Monero
12.9.2022
Seven privacy tokens listed on the popular exchange will be delisted early next week
Crypto Twitter Took Center Stage During the First Day of Hodlonaut vs. Craig Wright
12.9.2022
OSLO, Norway –– The harsh culture of crypto Twitter is the emerging key theme in a legal battle between crypto Twitter personality Hodlonaut and Craig Wright, the Australian computer scientist who has long claimed to be the pseudonymous creator of Bitcoin
Argentina’s Tax Authority Conducts First-Ever Raids on Secret Crypto Miners
12.9.2022
According to the agency, three illegal crypto farms with irregularities were uncovered last week in the South American country
Bitcoin might be down but interest in crypto and NFTs is here to stay: Ledger CEO
12.9.2022
According to Pascal Gauthier, CEO at Ledger, in spite of the bear market there is a lot to be optimistic about in the crypto and Web 3 space
Crypto Fund LedgerPrime Planning to Refund Outside Investors: Report
12.9.2022
The FTX-owned fund is transitioning to a family office structure
SEC Enforcement Director Gurbir Grewal Says Actions to Continue, Not Giving Crypto a Pass
12.9.2022
The Enforcement Division of the U.S. Securities and Exchange Commission (SEC) continues efforts to bring the crypto industry under securities overreach. Gurbir Grewal, the director of the enforcement division, has reiterated that the crypto industry should not expect to get a pass from...
White House Crypto Mining Report Draws Praise From Advocates and Critics Alike
12.9.2022
The report called on standards to limit the industry’s environmental footprint, or else limit the industry itself
Bolt Axes $1.5B Deal to Buy Crypto Infrastructure Provider Wyre
12.9.2022
A landmark deal that would have seen payments firm Bolt acquire Wyre for $1.5 billion has been scrapped by mutual agreement, according to a press release
Florida Crypto Scam Trader of EmpiresX Pleads Guilty of Defrauding Investors of $100m
12.9.2022
A Florida man has pleaded guilty to conspiracy to commit securities fraud with a crypto Ponzi scheme that defrauded investors of about USD 100m.
The man, identified as the 28-year-old Joshua David Nicholas, was working as “Head Trader” at the purported crypto platform EmpiresX, which he and others...
U.S. SEC Setting up New Office to Look After Crypto Filings
12.9.2022
The U.S. Securities and Exchange Commission (SEC) is advancing its plans to establish a new office tasked with filings related to crypto assets. The agency expects the new entity will be established later this fall.
Under the plan, the new Office of Crypto Assets will be set up along with...
South Korea Has Tracked USD 1bn Worth of Fraudulent Crypto Transactions This Year
12.9.2022
A staggering USD 1 billion worth of fraudulent crypto-related transactions has been identified in South Korea in the first half of 2022, new data shows.
According to Asia Kyungjae, the figures were compiled by the Korea Customs Service and made public by the lawmaker Kang Byung-won.
The data...
U.S. SEC Setting up New Office to Look After Crypto Filings
12.9.2022
The U.S. Securities and Exchange Commission (SEC) is set to create a new office to handle the review of company filings related to crypto assets. Named the Office of Crypto Assets, it will be under the SEC's Division of Corporate Finance as part of its Disclosure Review Program (DRP). ...
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Why Loom Price is Surging 170% Higher Today – Can This Crypto Sustain Rally?
12.9.2022
Loom price is up a gigantic 171% today as the Layer 2 platform threatens to go parabolic.
The Loom Network token is currently priced at $0.137 and has taken t out the year’s previous high at $0.12524.
Loom supporters have been quick to point out that is currently the no.1 trending coin on...
Central Bank of China Calls for Increasing Use of Digital Yuan
12.9.2022
The People’s Bank of China has urged for widening of the array of use-case scenarios for its central bank digital currency. The monetary authority believes that deeper interconnection with traditional e-payment platforms will make the digital yuan more convenient for consumers....
Hodlnaut Judicial Managers Weigh Unwinding Crypto Lender's Assets Before Ethereum Merge
12.9.2022
The interim judicial managers of Hodlnaut, a Singapore-based crypto lender that froze withdrawals in August, have said that the upcoming upgrade to Ethereum, the Merge, poses a risk to the company's distressed assets
Could Crypto Feline Big Eyes Coin Outperform TRON and Solana by December 2022?
12.9.2022
It’s never easy for a new cryptocurrency to perform like its established predecessors; this could be because of a late head start or simply because it lacks the potential. TRON (TRX) is a crypto which has been around for some time now; the same goes for Solana (SOL). The reason they’re still among...
Could Japanese Regulatory Change Provide New Boost for Crypto?
12.9.2022
Regulations governing crypto could be set for a change – with the sector’s governing body preparing to reform laws that pertain to stablecoins and security tokens. Trust banks could also be given the power to handle crypto, as is already the case in the United States....
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