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Crypto Lender Nexo Sues Former Director Over $7.9M Trading Loss: Report
17.8.2022
Cryptocurrency lender Nexo is taking legal action against its former director, Georgi Shulev, on claims that he failed to keep his side of a settlement agreement
Fake Manchester United token soars 3,000% after Elon Musk jokes about buying team
17.8.2022
Other Manchester United-related assets also rallied after Musk's tweet, as well as Manchester City's fan token
Blockchain VC Shima Capital debuts with $200M Web3 fund
17.8.2022
The venture firm, which was founded in 2021, is prioritizing decentralized social media, DAOs, DeFi, metaverse, zero-knowledge proofs and layer-1 solutions
Bill Ackman Among Investors as Venture Capital Crypto Firm Shima Capital Raises $200M Fund
17.8.2022
The Web3-focused fund, founded by a Wall Street veteran, is backed by crypto heavyweights Dragonfly and Animoca
First Mover Americas: Bitcoin Lower as U.S. Futures Slide; Ether Continues to Steal Crypto Market Share
17.8.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for August 17, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Crypto Broker Genesis Cutting 20% of Workforce as CEO Michael Moro Exits
17.8.2022
Michael Moro, the CEO of crypto broker Genesis has quit as the company cuts 20% of jobs
Former Coinbase VP Adam White Joins Blackstone as Crypto Investment Advisor
17.8.2022
White begins at Blackstone in a part-time role working across the firm’s investment teams and with its portfolio companies
Bitcoin, Ethereum Technical Analysis: BTC Remains Below $24,000 After Falling for Fourth Consecutive Session
17.8.2022
Bitcoin continued to trade below $24,000 today, as the token fell for a fourth consecutive session. Following last week’s bullish run, upwards momentum in crypto has eased, leading to a return of bearish sentiment. Ethereum was also lower, as it dropped below its resistance of $1,885....
Crypto Analysts Reject Latest DOGE, SHIB Rally as Contrarian Signal
17.8.2022
Historically, meme token rallies have been accurate predictors of market tops, analogous to record-setting art auction prices in traditional markets. This time, it may be different
Crypto Investment Firm CoinFund Launches $300M Web3 Fund
17.8.2022
Sectors of interest for the early-stage fund include layer 1 blockchains, gaming and NFTs
Israel Arrests 3 in Crypto Scheme to Launder Millions Stolen From France
17.8.2022
Police in Israel have detained three suspects who allegedly laundered millions of euros stolen from the French treasury through cryptocurrency transactions. The money came from government grants for businesses affected by the Covid-19 pandemic. Israeli Law Enforcement Busts Money-Laundering Ring...
Pay Your Traffic Fines or We’ll Confiscate Your Crypto – S Korean Police Pilot Grants Officers New Powers
17.8.2022
South Korean police have been given experimental new powers that allow them to seize crypto from people who refuse to pay fines – and have already taken tokens from a citizen who failed to pay a traffic fine....
Read More: Pay Your Traffic Fines or We’ll Confiscate Your Crypto – S Korean Police...
NFL Franchise Houston Texans to Accept Cryptocurrencies for Single Game Suites
17.8.2022
The professional American football team the Houston Texans revealed that it has entered an exclusive partnership with the company Bitwallet. The deal will give Houston Texans fans the ability to purchase single game suites with cryptocurrencies. Bitwallet Becomes the ‘Official Digital...
Crypto Hacking, Theft Rise This Year While Scams, Darknet Markets Retreat - Chainalysis
17.8.2022
Some forms of cryptocurrency-based crime, including hacking and theft of funds, have so far increased in occurrence this year, but others, related to scams and darknet markets, have declined more than the market overall, according to a recent report by blockchain analysis company...
Nasdaq-Listed Eqonex Closing Crypto Exchange Due to High Competition, Fallen Volumes
17.8.2022
The Nasdaq-listed firm Eqonex is closing its cryptocurrency exchange business. The company cited high competition among crypto trading platforms and fallen volumes as key reasons for shutting down its exchange. Eqonex Closing Crypto Exchange Eqonex Ltd. (Nasdaq: EQOS), a digital asset financial...
Dogecoin Jumps as Dogechain Gains Traction Among Retail Crypto Traders
17.8.2022
The Polygon-based Dogechain locks nearly $5 million in liquidity and is gaining prominence among retail crypto traders
UK Crypto Industry Welcomes New Stablecoin Rules, Awaits Guidance
17.8.2022
A proposed bill could give U.K. regulators new powers over payments-focused crypto assets like stablecoins, but details on how the rules might be interpreted by financial watchdogs are pending
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17.8.2022
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US Regulator 'Improperly' Pushing Banks to Avoid Serving Crypto Companies, Lawmaker Says
17.8.2022
U.S. Sen. Pat Toomey said whistleblowers had informed him that the FDIC was pressuring banks to stop providing services to crypto companies
Binance Obtains In-principle Approval to Operate With Cryptocurrencies in Kazakhstan
17.8.2022
Crypto exchange Binance has been granted preliminary approval to offer trading and custody services for digital assets in Kazakhstan. The exchange is yet to complete the full application process but the development has already been hailed as a landmark achievement for the company in the Central...