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Thailand Toughens Rules for Crypto Ads
2.9.2022
The new rules, which took effect Thursday, require crypto operators to add clear risk warnings to ads and prohibit the inclusion of false or exaggerated information about companies
Decentralized Crypto Exchange dYdX Scraps Promotion Amid 'Liveness Check' Backlash
2.9.2022
Decentralized exchange dYdX has cancelled a $25 deposit promotion after being scrutinized for asking participants to conduct a "liveness check", which identified customers using their webcams
Bitcoin squeeze to $23K still open as crypto market cap holds key support
2.9.2022
A matter of a few hundred dollars could separate BTC price action from a "short squeeze," one trader believes
Crypto Ads in Thailand Must Feature Clear Investment Warnings, New Regulations Require
2.9.2022
Thailand has introduced tighter rules that will oblige crypto companies to duly inform potential customers of the investment risks on their advertisements. The new regulations also prohibit businesses in the industry from making misleading or exaggerated claims. Securities Watchdog Adopts Stricter...
CEL Rallies After Celsius Asks Court to Let it Return USD 50m+ in Crypto
2.9.2022
Developments emerging from the Celsius bankruptcy trial have sent the failed crypto lender’s CEL token soaring above the USD 1.50 mark, making the coin the day’s – and this week’s – best performer among the top 100 coins.
At 07:32 UTC, CEL is trading for around USD 1.53 and is up 33% in a day...
dYdX ends contentious promo claiming 'overwhelming demand'
2.9.2022
The prompt cancellation comes after strong community pushback relating to the requirement of a facial recognition scan in order to receive the deposit bonus
Crypto.com Accidentally Sent $7 Million to Customer — Sues 7 Months Later to Get It Back
2.9.2022
Cryptocurrency exchange Crypto.com accidentally transferred about $7.26 million to a customer’s account but did not notice the error for seven months. The crypto company has now sued the customer to recover the funds. Crypto.com Sues Customer 7 Months After Mistakenly Transferring over...
Tether requests Roche Freedman to be booted from class action
2.9.2022
Bitfinex and Tether’s legal representatives also want the law firm to return or destroy all defendant-issued documents and confirm they haven't been shared
Congress Questions Coinbase, FTX, Binance, Kraken in Crypto Fraud Crackdown
2.9.2022
A House committee has sent letters to four U.S. federal agencies and five cryptocurrency exchanges asking for information about what they are doing to combat cryptocurrency fraud and scams. Congress Questions Regulators and Crypto Exchanges The House Committee on Oversight and Reform sent letters...
Why Regulation Is Key to Crypto Industry
2.9.2022
Tom Stuart, CEO of Nous Systems, a Web3 marketplace for investment._____
The recent collapse of Terra, the issuer of once the third-largest stablecoin, was a low moment for crypto and put the reputation of the industry in question. Wiping out tens of billions of dollars in market capitalization...
Former blockchain skeptic David Rubenstein discloses investments in crypto companies
2.9.2022
The Carlyle Group co-founder also spoke on the regulatory landscape, saying that he does not anticipate excessive regulation from the U.S. Congress
CFTC and SEC open comments for proposal to amend crypto reporting rules for large hedge funds
1.9.2022
The public was invited to comment on whether the regulators should use the term “crypto asset” instead of “digital asset" in proposed changes to Form PF
The total crypto market cap continues to crumble as the dollar index hits a 20 year high
1.9.2022
The total crypto market capitalization dropped by 6.9% in one week, while derivatives metrics reflect increasing demand for bearish bets
Second Round of Layoffs at Brazilian Crypto Unicorn 2TM
1.9.2022
2TM is the holding company for Mercado Bitcoin, Brazil’s largest crypto exchange by market valuation
Controversial Crypto Lawyer Kyle Roche Pulls Out of Nexo, Binance.US, Solana and Dfinity Lawsuits
1.9.2022
The new withdrawals come a day after Roche filed to withdraw from class-action lawsuits involving Tether, Bitfinex, TRON and BitMEX
Crypto Developer Brothers Leave VC Firm After CoinDesk Exposé
1.9.2022
Ian and Dylan Macalinao, who used a web of secret identities to juice the value of a Solana DeFi project, are “no longer affiliated with” Protagonist VC, the firm they started said
Michael Saylor got wrecked, but Bitcoin investors needn't panic
1.9.2022
Cryptocurrency’s real-world utility is growing, users are increasing, and plans are proceeding apace — despite events that have provoked some temporary price challenges
Crypto users push back against dYdX promotion requiring face scan
1.9.2022
“No matter the cause, this is an absolutely horrible idea and you should walk this back immediately,” said Adam Cochran, a general partner at Cinneamhain Ventures
EU's MiCA Crypto Law Text Ready Within 6 Weeks, Lead Lawmaker Says
1.9.2022
A political deal struck in June left many still scratching heads about whether licensing rules will apply to non-fungible tokens
Chilliz, Cosmos and EOS Tokens the Best Crypto Performers in August in Bear Market
1.9.2022
Price increases – and decreases – of a number of altcoins have stemmed from news events, and the trend could continue