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Stablecoin Market Cap Slides, BUSD and DAI Valuations Jump, Fiat Tokens Represent 70% of All Crypto Trades
21.7.2022
During the last month, the stablecoin economy’s market valuation dropped from $155.23 billion to $153.34 billion on July 20, sliding roughly 1.21%. The top two stablecoins by valuation, tether and usd coin, have seen their market caps slide over the last 30 days, while BUSD and DAI have seen...
Turkish crypto exchange joins COPA to fight against 'patent trolls'
21.7.2022
Özgür Güneri, the CEO of BtcTurk, said that the firm joined COPA to protect technologies within crypto, especially Bitcoin
Crypto.com rolls out Google Pay integration as Big Tech continues to embrace crypto
21.7.2022
Google Pay users are given another avenue to cryptocurrency markets as Crypto.com integrates its payment functionality for purchases
Reserve Bank of India Is Working on ‘Phased Implementation’ of Central Bank Digital Currency
21.7.2022
India’s central bank, the Reserve Bank of India (RBI), is working on a “phased implementation of a central bank digital currency (CBDC) in both wholesale and retail segments.” Necessary amendments have been made to the RBI Act, 1934 to allow the central bank to pilot and issue...
How Two Asset Managers Are Handling 2022’s Crypto Volatility
21.7.2022
Risk mitigated approaches to crypto could offer the benefits of holding it but with less downside
The Case for Investing in Bitcoin During Crypto Winter
21.7.2022
Bitcoin still has an important role in a diversified portfolio
JPM Sees Crypto Retail Demand Improving, End of 'Intense' Deleveraging Phase
21.7.2022
Demand for crypto is improving and the intense deleveraging phase appears to be behind us, according to JPMorgan (JPM)
South Korea postpones 20% tax on crypto gains to 2025
21.7.2022
The delay comes just a couple of months after newly elected president Yoon Suk-yeol promised to work on regulations first
Masked Men Rob Large Crypto Mining Farm Near Moscow
21.7.2022
Armed robbers have plundered a large crypto mining facility not far from the Russian capital, local media reported. The unidentified perpetrators stole dozens of video cards in the latest incident involving theft of coin minting hardware, which has been on the rise in Russia. Unknown Attackers...
Kenzo Ventures Announces Strategic Partnership With Crypto Pirates
21.7.2022
Kenzo Ventures has announced a strategic partnership with a play-to-earn game, Crypto Pirates. Both the partners will be responsible for creating exciting gameplay while offering players an opportunity to earn tokens. Crypto Pirates shared its intention of creating not just a project for...
'Crypto Savior' FTX Is Reportedly Raising Fresh Capital at Latest Valuation of USD 32BN
21.7.2022
Major crypto exchange FTX, which has positioned itself as the industry's savior, is reportedly looking to raise fresh capital at its January USD 32bn valuation.
CEO Sam Bankman-Fried is in talks to raise fresh funding after the exchange carried out a buying spree during the latest crypto market...
Blockchain.com Cuts 25% Workforce Amid Crypto Bear Market
21.7.2022
Cryptocurrency exchange Blockchain.com is cutting 25% of its workforce, equating to about 150 people
Crypto Exchange KuCoin Raises $10M From Susquehanna to Fund Hiring, Growth Plans
21.7.2022
KuCoin and SIG will also collaborate in incubation and ecosystem building for crypto startups through incubation, investment, and technical consultation
Strict Thai crypto regulation causes SCB to delay Bitkub acquisition
21.7.2022
SCB X notified the Stock Exchange of Thailand that the Bitkub acquisition is “still undergoing due diligence.”
South Korea Postpones 20% Crypto Tax to 2025
21.7.2022
The government announced its 2022 Tax Reform Bill on Thursday, which states the planned virtual asset tax, already delayed by a year, will be postponed further
Crypto Payments Firm BCB Group Hires Deputy CEO to Expand Internationally
21.7.2022
The new deputy CEO Noah Sharp joins from Paysafe where he was employed as Chief Banking Officer
Australian regulator trials auto take-down of crypto scam sites
21.7.2022
The ACCC is using a countermeasures service from the UK-based Netcraft, which has been providing a similar service to the UK’s National Cyber Security Centre
Spanish Bit2Me Buys Peruvian Crypto Exchange, Eyes Targets in Latin America
21.7.2022
Following the acquisition of a majority stake in Fluyez, the company is looking for purchasing opportunities in Chile, Colombia and Uruguay
Delphi Digital: How to get gamers to accept the integration of NFTs
21.7.2022
Delphi Digital outlined that games could provide a core free-to-play experience for anyone to enjoy, while incorporating NFTs as part of expanded experience
Crypto use an aggravating factor for sentencing: Aussie court study
21.7.2022
Offenders that use cryptocurrency for illegal activity in Australia are more likely to receive a tougher sentence