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Know thy customer: The future of KYC in crypto
8.7.2022
With the regulatory push for a tighter identification standards rises, the crypto industry definitely has some innovations to offer
Crypto Exchange Blockchain.com Faces $270M Hit on Loans to Three Arrows Capital
8.7.2022
Cryptocurrency exchange Blockchain.com stands to lose $270 million from lending to Three Arrows Capital, the over-leveraged hedge fund that is now the subject of a liquidation order in the British Virgin Islands
Analysts Discuss 'Inherent Resilience' in Bitcoin & Crypto as Rally Fades
8.7.2022
Major cryptoassets gave back some of their previous gains in early European trading on Friday after a strong overnight session that briefly sent bitcoin (BTC) above the USD 22,000 mark, helped by improving risk sentiment on Wall Street on Thursday. Despite the losses in early trading, the coin...
The risks and benefits of VCs for crypto communities
8.7.2022
India's Law Enforcement Agency Probes Crypto Exchanges For Forex Violations
8.7.2022
The government agency has summoned cryptocurrency exchanges under the the Foreign Exchange Management Act 1999
Moscow Exchange Should Launch a Crypto Trading Platform, Says Top Russian Politician
8.7.2022
The chief architect of Russia’s crypto legislation has argued that the Moscow Exchange (MOEX) should develop a crypto trading arm – albeit one that operates under the strict purview of the country’s Central Bank.
Per the news agency Interfax, Anatoly Aksakov, the head of the State Duma’s Financial...
Crypto Mining Stocks Bounce Amid Bitcoin Recovery
8.7.2022
Investors are likely feeling comfortable as bitcoin has stabilized over the past few days
US Treasury Develops Framework For Path Towards International Crypto Regulations
8.7.2022
While the US authorities are intensifying work on developing crypto regulations, the country’s Department of Treasury has presented to President Joe Biden a framework to facilitate international cooperation on introducing such regulations and standards at the international level.
This is arguably...
Proposal to Set Up Russian Crypto Exchange Circulated in Moscow
8.7.2022
Russia may establish a dedicated exchange to carry out cryptocurrency transactions locally, a high-ranking member of the State Duma has suggested. The new platform can be hosted by the Moscow Exchange, according to Anatoly Aksakov, head of the parliamentary financial market committee. Russian...
Rescue Your Crypto Portfolio From the Bear Market & Invest Into Gnox, Theta Token, & Filecoin
8.7.2022
Has your crypto portfolio been struggling in recent weeks? If it has, you’re not alone. Much of the market is in turmoil. And this isn’t necessarily because of a lack of confidence in crypto itself—it’s down to wider economic implications. Traditional stocks are way down...
Binance CEO Meets Senegalese and Ivory Coast Presidents, Says ‘Africa Is Primed for Crypto Adoption’
8.7.2022
Changpeng Zhao, the CEO of cryptocurrency exchange Binance, tweeted that he recently held meetings with the presidents of Senegal and Ivory Coast. The meetings are part of his initiative which is aimed at driving up the adoption of cryptocurrency in Africa and beyond. CZ’s Meeting With...
Today in Crypto Turmoil: Woes Deepen, Legal and Repayment Developments from Celsius, 3AC, Voyager Digital, and More
8.7.2022
The market may be on the up as the week draws to a close, but crypto turmoil shows no signs of abating. There are more goings-on at Three Arrows Capital (3AC), Celsius (CEL) is in the spotlight again – and the Voyager journey continues.
Here’s a round-up of the latest happenings in...
What bear market? Consumer confidence higher among crypto owners than normies
8.7.2022
The research firm said that the discrepancy is partially explained by the fact that the average crypto owner is “more likely to be wealthier, younger and male” than the average U.S. adult
Keyfi Founder Sues Celsius — Says Crypto Lender’s Entire Portfolio Had ‘Naked Exposure to the Market’
8.7.2022
On July 7, 2022, the pseudonymous non-fungible token (NFT) collector known as “0xb1” published a Twitter thread that discusses the collector’s true identity and his relationship with the crypto lending firm Celsius. According to 0xb1, otherwise known as Jason Stone, his team...
US and South Korea to Share Data on Crypto Cases, Including LUNA and UST Meltdown: Report
8.7.2022
The U.S. and South Korean governments have reportedly agreed to share data on ongoing crypto cases, including the case surrounding Terraform Labs CEO Do Kwon and the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). U.S. and South Korea to Share Data on Crypto Investigations...
South Korean MP Wants to Launch a Fund to Help Struggling Crypto Investors
8.7.2022
A South Korean politician wants the government to create a special fund to help crypto investors who have suffered losses in the markets – and says that crypto exchanges should foot the bill.
News1 reported that Kim Byung-wook, an MP for the opposition Democratic Party, told a group of blockchain...
Reddit announces new blockchain-backed ‘Collectible Avatars’
8.7.2022
The company said that the project is set to utilize the Polygon (MATIC) blockchain for decentralized trading and third-party sales
VC firm Konvoy launches new $150M fund, eyes blockchain-based games
8.7.2022
Gaming venture capital firm Konvoy launches new $150 million fund, with a portion set to be invested in cryptocurrency and blockchain-based games
Lucky Player Wins A Second 5,000x Jackpot on Bitcoin.com’s Crypto Casino, Bags Another 3 BTC
8.7.2022
Book of Aztec unleashes the power of luck, and dishes out a massive 5,000x multiplier! A 3 Bitcoin Jackpot Was Awarded From a Small Bet of 0.0006 Bitcoin When it rains, it pours – but it’s pouring money, or more precisely bitcoin (BTC), for this lucky player on our crypto casino!...
US Treasury issues framework addressing engagement on crypto with foreign regulators
7.7.2022
The Treasury report was required under President Joe Biden’s executive order on digital assets issued in March