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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...
Why This Crypto Crash Is Different
29.6.2022
There can be no return to the highly-leveraged, fractionally-reserved cryptocurrency system whose illusory riches are now giving way to real losses, says our columnist
EU Finalizes Crypto Money Laundering Rules
29.6.2022
A Wednesday meeting secured a final deal on anti-money laundering legislation for crypto transfers which the industry warns could prove harmful for innovation and privacy
NFT Pokémon Clone Recovers From $600 Million Hack, Ready To Chew Players Up Again
29.6.2022
Axie Infinity, the play-to-earn, decidedly exploitative, crypto Neopets, has reopened its proprietary Ronin blockchain bridge after unintentionally exposing its users to a $600 million hack in March.Read more
US Infrastructure Law’s Reporting Requirements for Crypto Brokers Likely to Face Delay
29.6.2022
Hotly-debated reporting requirements for crypto exchanges and brokers included in U.S. President Joe Biden’s $1 trillion infrastructure law could face a major delay
Report: A British Virgin Islands Court Order Liquidates Crypto Firm Three Arrows Capital
29.6.2022
According to a recent report from Sky News citing a source familiar with the matter, “cryptocurrency insiders” have said that the troubled crypto hedge fund Three Arrows Capital (3AC) has been formally liquidated by a British Virgin Islands (BVI) court. The report does not disclose...
Young Web3 Believers Unfazed by Battered Crypto Market
29.6.2022
Students and recent graduates are undaunted in their plans to launch their careers in crypto, despite reports of layoffs and price volatility
Citi calls out potential risks of crypto-backed mortgages and benefits of metaverse property
29.6.2022
"Ultimately, the cryptocurrency may be liquidated if the collateral value falls below a certain threshold, such as 35% of the property value,” said the report
It’s time to refocus on crypto infrastructure, CoinShares CSO says
29.6.2022
CoinShares CSO Meltem Demirors finds crypto infrastructure and developer tools more interesting than Web3 and the money aspect of crypto during the current bear market
Crypto Derivatives Exchange Bybit to Settle Options Contracts in USDC
29.6.2022
The derivatives leader announced in a press release that it will be settling its options trading market in the second-largest stablecoin by market cap
Governments, enterprise, gaming: Who will drive the next crypto bull run?
29.6.2022
With all the recent turbulence in the crypto space, the question of the moment is: What will drive the next crypto bull run?
FTX CEO Sam Bankman-Fried Warns More Crypto Company Insolvencies Are Coming
29.6.2022
In a recent interview, Sam Bankman-Fried, the founder of the popular exchange FTX, warned that some crypto exchanges are “secretly insolvent” and may soon fail. Bankman-Fried’s FTX and Alameda Research have already helped Blockfi and Voyager Digital as the 30-year-old...
21Shares responds to bear market with crypto winter ETP
29.6.2022
The Swiss crypto ETP issuer wants to make it easier for investors to get exposure to Bitcoin amid extreme fear on the market
Can Crypto Launchpads Maximise Your Revenue? Earn With BoostX, Polkadot (DOT), & Tezos (XTZ)!
29.6.2022
Although cryptocurrency has made a lot of people rich and is constantly advertised as a way to make passive income, it is still risk-free to buy into the market due to its volatility. So what is the secret of successful buyers? Can You Really Replace Your Income? Cryptocurrency continues...
Crypto Miners Face Margin Calls, Defaults as Debt Comes Due in Bear Market
29.6.2022
With revenues drying up, crypto miners are struggling to meet loan obligations, which total up to $4 billion for the industry