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BitGo Lawyers Up, Hodlnaut Files for Protection, XP Launches Trading Platform, Ripple's and SBI Remit's New Project, No-Deals + More News
16.8.2022
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: BitGo Lawyers Up, Hodlnaut Files for Protection, XP Launches Trading Platform, Ripple's and SBI Remit's New Project...
Uzbekistan Blocks Access to Overseas Crypto Exchanges; Binance, Kraken, FTX, Huobi Reportedly Included
16.8.2022
The government in Uzbekistan has blocked internet access to unlicensed crypto exchanges based outside of the country, citing a need to protect its citizens from “fraudsters.”
According to a statement published by the government of Uzbekistan, activity on foreign crypto exchanges that provide...
Bitcoin (BTC) Trades Near the Doors of Strong Resistance!
16.8.2022
With a strong transactional volume, Bitcoin has reached a market capitalization above $460 billion. The outlook for this token is quite dim since the price action hasn’t tested or breached any major resistance zone that other cryptocurrencies have breached already. Neither the 100 EMA curve...
South Korea’s SK Securities to Team up with Regional Bank for Crypto Custody, NFT Move
16.8.2022
The securities arm of South Korea’s second-largest business group will take the crypto plunge – and will team up with a domestic commercial bank as part of its efforts....
Read More: South Korea’s SK Securities to Team up with Regional Bank for Crypto Custody, NFT Move
Tornado Cash Latest: Community Fights Back Against Sanctions, TVL Dropped 26% Since US Treasury Decision
16.8.2022
An increasing number of crypto and privacy advocates are attempting to fight back against the United States Treasury's decision to ban the popular crypto mixing service Tornado Cash.
Most recently, the Electronic Frontier Foundation, a nonprofit organization defending civil liberties in...
Fed Reveals Guidelines for Crypto Banks Who Want to Open ‘Master Accounts’
16.8.2022
The Federal Reserve (Fed)'s governing board has unveiled guidelines that will standardize applications for “master accounts” from institutions “with novel charters,” including “cryptocurrency custody banks and their trade associations.”...
Read More: Fed Reveals Guidelines for Crypto Banks Who Want...
Russian Banks to ‘Start Handling Digital Ruble by 2024’
16.8.2022
A Russian central bank digital currency (CBDC) could be around the corner, with commercial banks in the country now being told by the central bank to prepare to handle a digital ruble within the next two years.
According to a document dated August 11 and issued by the Bank of Russia –...
Hyundai’s Securities Affiliate to Add Crypto Data to its Asset Management Platform
15.8.2022
Hyundai Motor Group’s securities arm has extended its partnership with the South Korean crypto exchange Bithumb – and will allow its app users to access real-time crypto markets data.
In an official announcement, Hyundai Motor Securities, one of South Korea’s biggest securities providers...
Judge Grants Ripple's Video-Related Subpoena Requests, Galaxy Digital Calls Off BitGo Acquisition, Monero Upgrade + More News
15.8.2022
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: Judge Grants Ripple's Video-Related Subpoena Requests, Galaxy Digital Calls Off BitGo Acquisition, Monero Upgrade + More...
Kimchi Premium Trading Total Could Be Almost Twice as High as First Thought, Says Regulator
15.8.2022
The sum total of illegal kimchi premium trading conducted via South Korean banks could be as high as USD 6.5 billion, regulators claim – and authorities in the nation say they are now investigating “all” domestic commercial banks over the matter....
Read More: Kimchi Premium Trading Total Could...
Celsius Coin Report Reveals USD 2.8BN Crypto Shortfall
15.8.2022
A newly released report from the troubled crypto lender Celsius (CEL) shows that the company is short on its crypto obligations to customers by around USD 2.8bn.
According to the report, Celsius has a net coin position of negative USD 2.845bn, split between coins such as bitcoin (BTC), ethereum...
Bitcoin and Ethereum Correct Gains, Key Support Intact
15.8.2022
Bitcoin price attempted another upside break above the USD 25,000 resistance but failed. BTC formed a short-term top and corrected lower below USD 24,500. It is currently (11:30 UTC) showing a few negative signs, with major support at USD 23,500.
Besides, most major altcoins are correcting lower....
Japan Appoints Political Heavyweight as New Digital Minister, Boosting Web3 Hopes
13.8.2022
Hopes are high in Japan that the government will put Web3 development at the front and center of its economic plans – after its Prime Minister appointed a new minister in charge of digital affairs.
On Twitter, the politician Taro Kono announced that he had been appointed to the post by the Prime...
Panamanian Regulator May ‘Swing the Ax’ after Bitcoin-friendly Bank Bans Use of Crypto Mixers
12.8.2022
Panama’s “bitcoin (BTC) and crypto-friendly” bank Towerbank says it will bar its customers from making use of crypto mixers – in the wake of the United States Office of Foreign Assets Control (OFAC)’s move to sanction Tornado Cash earlier this month....
Read More: Panamanian Regulator May ‘Swing...
UK Financial Giant's Crypto Move, Solana's Growth, Pudgy Penguins Get Physical + More News
12.8.2022
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: UK Financial Giant's Crypto Move, Solana's Growth, Pudgy Penguins Get Physical + More News
Man Arrested in Amsterdam in Tornado Cash Crypto Mixer Case, More Arrests Possible
12.8.2022
The Fiscal Information and Investigation Service (FIOD) of the Netherlands said it arrested a 29-year-old man in Amsterdam on suspicion of "concealing criminal financial flows" and "facilitating money laundering" through crypto mixing service Tornado Cash.
The suspect is brought before...
Huobi Might Get a New Owner, FTX Among Potential Buyers - Report
12.8.2022
Huobi Group founder Leon Li is in talks to sell his roughly 60% stake in this major crypto exchange, while Tron (TRX) founder Justin Sun and Sam Bankman-Fried’s FTX exchange are being mentioned among those who’ve had preliminary contact with Huobi....
Read More: Huobi Might Get a New Owner,...
Creditors Want to Pour Cold Water on Celsius’ Mined Bitcoin Sale Plans
12.8.2022
Celsius creditors want to block the bankrupt crypto lender from selling mined bitcoin (BTC) reserves – and have labeled the firm’s CEO previous attempts to reassure them as “empty and false.”
The company is filing for bankruptcy in New York, where the case is now being heard. But in a letter...
Bitcoin and Ethereum Trim Gains, BTG and ETC Outperform
12.8.2022
Bitcoin price gained pace after it broke the USD 24,200 resistance zone. BTC even climbed above USD 24,500, but it failed to test USD 25,000. It is currently (04:17 UTC) trading near USD 24,000 and is down 1% in a day and up 6% in a week.
Besides, most major altcoins are consolidating gains....
Crypto Awareness at 76% in Spain - Survey
11.8.2022
A survey has found that 76% of surveyed Spaniards know about crypto – and that almost a third know details about how tokens are regulated in the country.
The study was carried out by Spain’s markets regulator, the National Securities Market Commission (CNMV), in conjunction with the data compiler...