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Crypto no more in top 10 most-cited potential risks: US central bank report
7.11.2022
The U.S.-China tensions, the Russia-Ukraine war, higher energy prices, rising inflation, the COVID-19 pandemic and cyberattacks came out as some of the most pressing financial risk concerns
Lebanese Mint, Keep, Spend Crypto Amid Crisis, Report Unveils
7.11.2022
Living in the chaos of a deep crisis, people in Lebanon have been turning to cryptocurrency, a new media report has confirmed. From earning much needed income through mining and work, to storing wealth and paying in stores, bitcoin, tether and other cryptos have started to push aside...
Hydro-Québec Looks to Suspend Power Distribution to Crypto Miners in Bid to Save Capacity
7.11.2022
According to a Hydro-Québec newsroom report, the company has asked the electricity transmission and distribution regulator, Régie de l’énergie, to cease offering services to crypto miners. The Hydro-Québec report stresses that “growth in electricity demand is expected to continue in Québec....
Crypto Exchange Bybit Does Not Plan to Sanction Russian Users Despite MAS Call, Report
6.11.2022
Cryptocurrency exchange Bybit has no intention to introduce restrictions for Russian traders, despite a recent reminder by the Monetary Authority of Singapore (MAS) about the obligations of crypto providers in that respect. According to a crypto media report, the platform shared its position...
Report: Over 30,000 Nigerians to Learn About Blockchain From Government Agency
5.11.2022
Nigeria’s National Information Technology Development Agency recently said it has launched a blockchain training program and over 30,000 people are set to participate. The objective of the training course is to make the participants “early solution providers in the fourth industrial...
Bitcoin Tops $21K, Shrugging Off Unexpectedly Strong US Jobs Report
4.11.2022
The bitcoin price rose as high as $21,287 in the past 24 hours, the highest since Sept. 13
First Mover Americas: Bitcoin Higher After Jobs Report and Arweave's Meta Effect
4.11.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 4, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
US Added 261K Jobs in October, Topping Expectations for 200K
4.11.2022
Bitcoin, Ethereum Technical Analysis: BTC Rebounds on Friday, as NFP Report Looms
4.11.2022
Cryptocurrency prices rebounded on Friday, as markets prepared for the latest U.S. nonfarm payrolls (NFP) report. It is expected that 200,000 jobs will have been added to the United States workforce, which comes as job openings once again trended higher. Bitcoin moved away from a recent floor...
Terra's Do Kwon May Be in Europe: Report
4.11.2022
South Korean prosecutors have indicated that the fugitive co-founder of Terraform Labs, Do Kwon, is in Europe, Bloomberg reported Friday
Earnings Report: Coinbase Loses $545 Million in Third Quarter – Stock Plummets
4.11.2022
Amid a crypto market downturn, major exchange Coinbase has reported disappointing results for the third quarter of this year. Between July and September 2022, the business reported a net loss of some $545 million. The latest announcement has caused the exchange’s stock price to plummet. ...
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Twitter Halts Work on Crypto Wallet: Report; Dogecoin Drops 4%
4.11.2022
The social media platform has been looking to cut costs and find new sources of revenue; DOGE falls below 13 cents
Report: South Korean Prosecutors Accuse Do Kwon of Manipulating LUNA’s Market Price
3.11.2022
On Thursday, Nov. 3, 2022, local reports from South Korea disclosed that Korean prosecutors have allegedly discovered evidence that shows Do Kwon and an associate manipulated the price of LUNA, Terra’s native crypto token. The report further says South Korean prosecutors believe Kwon is hiding...
Bitpanda Founders Set Up Own Venture Capital Firm: Report
3.11.2022
The three founders of crypto exchange Bitpanda have set up their own venture capital firm, according to a report by The Block Thursday
Crypto Investor Protocol Ventures to Shutter and Return Cash: Report
3.11.2022
United States-based crypto investor, Protocol Ventures, is said to be closing down as it feels the squeeze of crypto winter
Report: Zimbabwe Proceeding With Digital Currency Plans, Central Bank Undeterred By Slow Adoption of Nigerian CBDC
3.11.2022
Undeterred by the reported slow adoption of the Nigerian central bank digital currency, the deputy governor of the Reserve Bank of Zimbabwe, Innocent Matshe recently said his institution will proceed with plans to launch its own digital currency. In addition to sending a team to learn from...
Robinhood not giving up on crypto despite Q3 crypto revenue slashing 12%
3.11.2022
The Robinhood CEO also announced the brokerage firm’s plans to expand the Robinhood Wallet internationally in the months to come
Binance CEO Zhao Considering Buying Banks: Report
2.11.2022
Zhao wants his crypto exchange to become a bridge between traditional finance and crypto, according to a report in Bloomberg
Solana-Based Lending App Solend Gets Hacked for $1.26 Million in ‘Oracle Attack’
2.11.2022
The Solana-centric lending application Solend lost $1.26 million in an oracle attack, according to Solend’s official Twitter account on Wednesday. A number of affected pools were disabled, and Solend says it has given crypto exchanges the exploiter’s address. Solana Defi Application Solend...
Troubled Crypto Exchange Zipmex Is in Advanced Takeover Talks
2.11.2022
Cryptocurrency exchange Zipmex is in advanced buyout negotiations that will see it potentially sell a majority stake in the business