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Aussie exchange Swyftx cuts staff by 21% amid bear market
19.8.2022
Australian crypto exchange Swyftx highlighted inflation, a recession, and the bear market as the reasons behind the unfortunate lay-offs
MMORPG went into ‘hiatus’ after crypto investors bailed, denies it misused funds
19.8.2022
Phat Loop Studios, the company behind the "Pokemon-like" game Untamed Isles has blamed the crypto market crash as a reason its investors bailed
South African Banking Regulator: ‘De-risking’ Crypto Firms Potentially Creates ‘Opacity in Financial Conduct’
19.8.2022
According to the latest guidance note issued by the South African banking sector regulator, Prudential Authority, risk assessment does not mean financial institutions should avoid or eliminate risks via the wholesale termination of client relationships with entities such as crypto asset service...
Ripple partners with Travelex to launch enterprise crypto payment service in Brazil
19.8.2022
The rollout of Ripple’s fast and cheap On-Demand Liquidity payment service means that enterprises will no longer have to wait three to five days to settle costly cross-border transactions
Crypto Lender Hodlnaut Faces Singapore Police ‘Actions’ and Staggering Job Cuts
19.8.2022
The latest firm to freeze crypto withdrawals is engaged in “proceedings” with Singaporean police
Philippine Regulator Warns the Public of Engaging With Foreign Crypto Service Providers
19.8.2022
The central bank of the Philippines, the primary regulator of the country’s crypto sector, has warned investors about engaging with unregistered and foreign crypto service providers. They “may present additional challenges on enforcing legal recourse and consumer protection...
First Mover Asia: Bitcoin Sinks Below $23K; South Korea's Bumpy Crypto Path Forward
19.8.2022
The prices of the largest cryptocurrency in market value and ether both continued recent losing streaks after late-in-the-day declines
ECB Creating a Harmonized Regulatory Framework Governing Crypto Activities and Services
19.8.2022
The European Central Bank (ECB) is working to harmonize the regulatory framework governing crypto activities and services in the EU. The regulator noted that several regulatory initiatives at the European and international levels are being finalized. ECB’s Regulatory Plan for Crypto Assets...
Kickstarter Game Goes Bust Gambling On Crypto, Can't Refund Backers
19.8.2022
In 2021, at the height of the world’s collective blockchain madness, a video game called Untamed Isles—Pokemon, but with crypto stuff—made over $500,000 on Kickstarter. A year later the game is practically dead, and is so broke it can’t even refund its backers.Read more
Ripple Unveils Crypto On-Demand Liquidity Service in Brazil
19.8.2022
Ripple is teaming up with the digital bank Travelex to introduce the product, which will initially allow transactions between Brazil and Mexico
Crypto Lender Celsius Needs Independent Examiner, US Government Entity Says
18.8.2022
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Russian Accused of Laundering Cryptocurrency From Ransomware Attacks Extradited to US
18.8.2022
A Russian national suspected of laundering ransomware payments in cryptocurrency on behalf of cybercriminals targeting hospitals has been extradited to the U.S. by the Netherlands. The man was allegedly involved in the criminal activity for a period of three years before his arrest in Amsterdam...
House Lawmakers Send Letters to 4 US Crypto Miners Asking for Details on Environmental Impact
18.8.2022
Core Scientific, Riot Blockchain, Marathon Digital and Stronghold Digital received the letters from members of the Committee on Energy and Commerce
As SEC Leans on Enforcement to Regulate, Crypto Lawyers Study Every Word
18.8.2022
The U.S. Securities and Exchange Commission isn’t volunteering to clarify what makes a crypto token a security, but the agency showed some of its hand in enforcement documents crypto lawyers are studying like scripture
Another Stablecoin Fluctuates Wildly as HUSD Slips Below USD Peg to $0.82 per Token
18.8.2022
The stablecoin HUSD, originally associated with the crypto exchange Huobi Global, lost its peg with the U.S. dollar on Wednesday, August 17, and it dropped even lower in value the following day on Thursday, August 18. On Thursday, Huobi addressed the public on Twitter and the exchange said...
The BlackRock Trust: Crypto Legitimacy or the Beginning of the End for Bitcoin?
18.8.2022
Crypto.com Users Can Shop in 175 OTR Stores, BTG Pactual Launched Crypto Trading Platform, CDPQ Wrote Off Stake in Celsius + More News
18.8.2022
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: Crypto.com Users Can Shop in 175 OTR Stores, BTG Pactual Launched Crypto Trading Platform, CDPQ Wrote Off Stake in Celsius...
Is Filecoin Network's Incentive Plan Sustainable? Crypto Analysts Want to Know
18.8.2022
Almost all of the data-storage network’s recent deal growth has come from one incentive program, and project leaders are now looking for new revenue streams
Crypto Custodian Copper to Connect to Solana for DeFi Access
18.8.2022
The link will create new ways for the company's institutional investors to access decentralized finance and digital assets
CFTC Commissioner: Crypto Market Needs Clear Guidelines on Its Regulator
18.8.2022
Commissioner Kristin N. Johnson joined CoinDesk TV’s “First Mover,” to discuss the future of cryptocurrency regulation in the U.S