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Can Xchange Monster (MXCH) Become Crypto Giants Like Binance Coin (BNB) and Cardano (ADA)?
30.6.2022
PRESS RELEASE. The cryptocurrency industry has certainly become oversaturated with hundreds of crypto projects being established everyday with many of them failing before ever reaching any significant milestone. The mass success of the industry has led to many believing they can achieve that very...
Binance to assist Cambodia in developing crypto regulations
30.6.2022
Crypto exchange Binance has signed similar agreements with governments in Kazakhstan, Dubai and Bermuda
More Crypto Meltdowns Could Be Seen This Summer, but the Worst Is Behind Us - Pantera's Morehead
30.6.2022
The crypto market will probably see “a few more” meltdowns similar to what happened with the Terra (LUNA) ecosystem and crypto hedge fund Three Arrows Capital, argues Pantera Capital CEO Dan Morehead. However, according to him, the majority of the contagion from current meltdowns has already been...
Coinbase seeking aggressive European expansion amid crypto winter
30.6.2022
Coinbase is already licensed to trade cryptocurrencies in the United Kingdom, Ireland and Germany
Russian central bank exec is OK with crypto mining under one condition
30.6.2022
A finance officer believes it is necessary to sell the mined assets abroad to avoid the adoption of crypto in internal payments
Hurry Up With Crypto ID Checks, FATF Tells Countries
30.6.2022
After the potentially privacy-busting ‘travel rule’ for crypto transfers, global standard-setters at the Financial Action Task Force have their eyes on Defi, NFTs and unhosted wallets
Risk of ‘Significant Drawdowns’ Pushes Cypherpunk Holdings to Sell Entire Stash of Bitcoin and Ethereum
30.6.2022
On Tuesday, the Canada-based investment firm Cypherpunk Holdings Inc. announced that the company has sold all of its bitcoin and ethereum due to the “risk of further significant drawdowns.” The company has transitioned its treasury to cash after selling 214.72 bitcoin and 205.82...
80,000 Bitcoin millionaires wiped out in the great crypto crash of 2022
30.6.2022
The crypto crash has seen the number of Bitcoin millionaires decline by more than 75% since November last year
Contagion: Genesis faces huge losses, BlockFi's $1B loan, Celsius's risky model
30.6.2022
A leaked investor call from Morgan Creek Digital suggests BlockFi liquidated 3AC for $1 billion, while Celsius reportedly maintained a highly risky assets-to-equity ratio last year that may have caused its recent liquidity woes
Warren Buffett-Backed Nubank Now Offers Crypto Trading to 54 Million Customers
30.6.2022
Warren Buffett-backed Nubank, one of the world’s largest digital banking platforms, is now offering cryptocurrency trading to all of its 54 million customers. Nubank also holds bitcoin on its balance sheet. Nubank’s Crypto Service Now Available to All Customers Nubank, one of...
Genesis Faces ‘Hundreds of Millions’ in Losses as 3AC Exposure Swamps Crypto Lenders: Sources
30.6.2022
The DCG-owned trading colossus is said to have suffered nine-figure losses partly through exposure to Three Arrows Capital and Babel Finance
Microstrategy Buys More Bitcoin After SEC Says BTC Is a Commodity — Company Now Hodls 129,699 Bitcoins
30.6.2022
Microstrategy has purchased more bitcoin amid a heavy market sell-off. The announcement followed a clarification by the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, stating that bitcoin is a commodity. Microstrategy Buys the Dip The Nasdaq-listed software company...
‘I Don't Follow Trends’: Multicoin’s Kyle Samani on How to Make It in Crypto
29.6.2022
The Multicoin Capital founder says to zig when everyone zags, during CoinDesk’s “Future of Work Week.”
EU officials reach agreement on AML authority for supervising crypto firms
29.6.2022
“We are putting an end to the wild west of unregulated crypto, closing major loopholes in the European anti-money laundering rules,” said European Parliament member Ernest Urtasun
Uzbekistan Presents Registration Requirements for Cryptocurrency Miners
29.6.2022
Authorities in Uzbekistan have drafted and put forward for public consultations a set of rules for crypto miners operating in the country. Companies that want to mint digital currencies will have to register with the government and use renewable energy. Uzbekistan Discusses Draft Regulations...
DeFi Should Not Be Regulated, Crypto Advocates Tell UK Regulator
29.6.2022
The FCA hosted its first two day CryptoSprint in May which gathered industry experts from the U.K. and beyond its borders to hear their thoughts on how the industry should be regulated. Some expressed that DeFi should not be regulated
US govt delays enforcement of crypto broker reporting requirements: Report
29.6.2022
The reporting requirements, aimed at reducing the size of the tax gap, were scheduled to take effect in January 2023, with crypto firms sending reports to the IRS starting in 2024
Why the Crypto Unwind Wasn’t Contagious (This Time)
29.6.2022
The IMF has warned that crypto is becoming more integrated with mainstream finance, increasing systemic risk. Is that what's actually happening?
Influencers Are Responsible for 92% of Crypto Ad Violations In India, Report Says
29.6.2022
Most of the ads either breached guidelines for influencers or general crypto ad guidelines, according to the Advertising Standards Council of India (ASCI)
Circle Partners With New York Community Bancorp — Bank to Custody USDC Reserves
29.6.2022
Circle Internet Financial has revealed a usd coin custody partnership with the American bank holding company New York Community Bancorp (NYCB). Under the agreement, NYCB’s subsidiary, New York Community Bank, will become a custodian for the company’s stablecoin reserves. Circle...