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Indian Police Search for Bitconnect Founder After the US Indicted Him for Defrauding Crypto Investors
20.8.2022
The Indian police have launched an investigation into Bitconnect and booked its founder after a bitcoin investor reported being defrauded by the global crypto “Ponzi scheme.” According to U.S. authorities, the scheme reached a market capitalization of $3.4 billion at its peak....
Korean Regulator Takes Action Against 16 Foreign Crypto Exchanges
20.8.2022
The South Korean financial intelligence unit is taking action against 16 foreign cryptocurrency exchanges for operating illegally in the country. “For illegal business activities of unregistered entities, maximum of 5 years of imprisonment or up to KRW 50 million of fines can...
10 Traditional Companies that are Moving into Crypto Despite Market Downturn
20.8.2022
Big traditional companies have continued to embrace crypto in a variety of ways over the past year, despite the current market downturn.
To keep you up to date on who is doing what to secure their slice of the crypto economy, we have gathered a list of 10 traditional companies that have recently...
Top 10 PoW Dominance Evaporates 9 Years Later, Only Two Proof-of-Work Coins Will Remain After The Merge
20.8.2022
The crypto community is patiently waiting for the highly anticipated Ethereum network upgrade from proof-of-work (PoW) to proof-of-stake (PoS) as The Merge is expected to happen 27 days from now. After Ethereum transitions from PoW to PoS, only two crypto assets in the top ten market cap rankings...
Bankrupt Lender Celsius CEO Owes Creditors Transparency, Crypto Lawyer Says
19.8.2022
If Celsius Network’s CEO, Alex Mashinsky was “being transparent,” there would be “no need to pull in an independent examiner," Sasha Hodder, founder of Hodder Law Firm, said on CoinDesk TV's "First Mover."
Bitcoin Miners Take in Bear Rally Profits by Selling More Than 6,000 BTC Since August 1
19.8.2022
Bitcoin’s value against the U.S. dollar lost 7.3% during the last 24 hours after more than $600 million in value was removed from the $1.07 trillion crypto economy. Statistics show that a number of bitcoin miners capitulated over the last two weeks, selling 5,925 bitcoin worth millions...
Crypto Unicorns founder says P2E gaming is in a long ‘maturation phase’
19.8.2022
Crypto Unicorns founder Aron Beireschmitt chats with NFT Steez about the key components blockchain-games need to build sustainable in-game play-and-earn economies
Canadian Bank Regulator Details Crypto Liquidity, Backing Rules
19.8.2022
Canada joins U.S., European central banks in explaining how their supervised entities can engage with crypto
Bankrupt Crypto Lender Celsius Now Says It Likely Has Enough Cash to Last Through End of Year
19.8.2022
The company’s CFO testified the company will receive additional funds in maturing loans and sales and use tax savings in a bankruptcy hearing with creditors
Crypto Fear and Greed Index Shows Market Sentiment Remains Fearful
19.8.2022
After the Crypto Fear and Greed Index (CFGI) dropped to significant lows and pointed to “extreme fear” in crypto markets at the end of May, and throughout most of June, today the CFGI rating is still in the “fear” zone, but it has seen an improvement. On June 19,...
Crypto Biz: Crypto VC is back with a vengeance
19.8.2022
Venture capital firms continue to pour billions into the crypto economy; this week saw the launch of two funds worth a combined $500 million
It Doesn't Matter If They're Wrong, Central Bankers Set Guidance for Crypto, Too
19.8.2022
Hodlnaut & Swyftx Lay Off Staff, USD 9M Carried Out in eNaira, MTV's 'Best Metaverse Performance', Crypto Green and Red Regulatory Lights + More News
19.8.2022
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: Hodlnaut & Swyftx Lay Off Staff, USD 9M Carried Out in eNaira, MTV's 'Best Metaverse Performance', Crypto Green and...
Russian Hospital Employee ‘Mined Crypto in a COVID-19 Ward’; SBI Crypto to Halt Mining in Russia
19.8.2022
A Russian medical specialist could face up to two years behind bars after authorities caught him allegedly running an illegal mining setup in a facility designed to treat coronavirus patients.
The specialist had been placed in charge of information security at a state-run hospital...
First Mover Americas: Fear Makes Quick Return to Crypto Markets as Bitcoin Plunges Most in 2 Months
19.8.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for August 19, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Fake employees and social attacks: Crypto recruiting is a minefield
19.8.2022
ABBC Foundation to Launch Buyaladdin, Platform to Accept Crypto Payments
19.8.2022
Buyaladdin will accept payments in Bitcoin (BTC), Ethereum (ETH), and ABBC Coin (ABBC). A single ABBC will be worth $100 when shopping at Buyaladdin. Anyone can sell pre-loved and new items through live streaming as well as through listing. ABBC Foundation announced the upcoming global launching...
Uniglo (GLO), Aave (AAVE), & Stellar (XLM) May Outperform Major Crypto like Cardano (ADA) Soon
19.8.2022
The cryptocurrency market experienced a major crash in May and continues to struggle today. FED interruptions and investigations are also creating new obstacles that further dull the growth potential of established cryptos such as Cardano. However, while many major cryptos are bearish today,...
South Africa's Monetary Authority Greenlights Banks to Serve Crypto Clients
19.8.2022
The central bank warned against the "wholesale" banning of clients over risk after a number of local banks moved to terminate services to crypto exchanges and other intermediaries in previous years
Can exchanges create imaginary Bitcoin to dump price? Crypto platform exec answers
19.8.2022
Serhii Zhdanov called for broader regulation in offshore crypto exchanges that do not go through financial audits