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ASIC's Longo pledges action against certain ‘high-risk’ crypto products
3.11.2022
The chair of Australia’s market regulator has warned that “action will be taken” on financial product issuers who promote risky products to a wide consumer base
Krátké vlny: Harmonogram českého e-governmentu, podzim 2022
3.11.2022
Kdy a jaké úřady budou digitalizovat své agendy? A proč některé agendy vůbec digitalizovat nebudou?
South Africa Retailer Pick n Pay Now Accepts Payment in Bitcoin at 39 Outlets
3.11.2022
Pick n Pay, the South African retailer, has revealed that some of its grocery stores are now accepting bitcoin payments. To ensure payments are affordable, Pick n Pay reportedly uses the Bitcoin Lightning Network which is said to be suitable for “high volume, low-value transactions.”...
Dapper Labs Cuts 22% of Staff as NFT Market Craters
3.11.2022
Sales volume for Dapper Labs' NBA Top Shot has declined to $2.6 million from $224 million in February 2021
Moneygram Enables Customers to Buy and Sell Cryptocurrency via Its Money Transfer App
3.11.2022
Moneygram has launched a new crypto service to allow customers to buy, sell, and store cryptocurrencies using its mobile money transfer app. Initially, three cryptocurrencies are supported, including bitcoin and ethereum. Moneygram’s New Crypto Service Moneygram International Inc. (Nasdaq:...
Fed Chair Powell Says ‘Very Premature’ to Pause Interest Rate Hikes — Economist Warns It Will Crash Economy
3.11.2022
Federal Reserve Chairman Jerome Powell says that it is “very premature” to think about pausing rate hikes. “We have a ways to go,” he stressed. However, economist Peter Schiff warned that “Planned rate hikes and QT will only succeed in crashing the economy,...
Stablecoin Blues: $3 Billion Erased From the Dollar-Pegged Token Economy, HUSD Depegs, USDC Supply Drops 10%
3.11.2022
Over three billion in value was erased from the stablecoin economy during the past 30 days. The trend occurred despite the number of tethers in circulation rising by 2.2% last month. On Oct. 1, 2022, tether’s market capitalization was approximately $67.95 billion, and it’s risen...
First Mover Asia: Arbitrum Sees Transactions Skyrocket as Traders Anticipate Potential ‘ARBI’ Airdrop; Ether, Dogecoin Tumble Following FOMC Rate Hike
3.11.2022
Weekly transactions on Arbitrum have soared over 555% since August. Crypto traders see huge potential for the ecosystem
FIFA 23's World Cup Trailer Gleefully Helps Sportswash A Deeply Controversial World Cup
3.11.2022
The upcoming World Cup, beginning in Qatar later this month, is easily one of the most controversial in the tournament’s 92-year history. And it hasn’t even kicked off yet.Read more
Democrats and Republicans Agree Cryptocurrency Is the Future of Finance, Survey Shows
2.11.2022
A new survey has revealed that Democrats and Republicans agree cryptocurrency is the future of finance. The national survey was conducted by The Harris Poll on behalf of Grayscale Investments, the world’s largest digital currency asset manager. In addition, 44% of the respondents said they...
Instagram Users Will Soon Be Able to Mint and Sell NFTs
2.11.2022
The latest update to the platform's Digital Collectibles feature will first be tested among a small group of creators
Crypto Miner Marathon Digital Mines Record 615 Bitcoin in October
2.11.2022
Marathon increased its hashrate by 84% in October
Market Wrap: Bitcoin Little Affected by Fed Interest Rate Hike
2.11.2022
The largest cryptocurrency by market capitalization ticked down, but only slightly, following a fourth consecutive 75 bps increase. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Lending Protocol TrueFi Issues Notice of Default to Invictus Capital for Failing to Repay Loan
2.11.2022
Archblock, the underwriter of the loan, will join the court-advised liquidation process in an attempt to recover assets for investors
Crypto Exchange Coinbase's Chief Product Officer Steps Down Amid Restructuring
2.11.2022
Chatterjee will continue to serve Coinbase in an advisory role through at least February 3, 2023
Philippines Financial Institution Unionbank Now Provides Crypto Custody and Trading Services
2.11.2022
The Union Bank of the Philippines, Inc., more commonly known as Unionbank, announced that the financial institution launched bitcoin and ethereum custody and trading services. The ninth largest bank in the country by assets, Unionbank, will leverage Metaco’s platform Harmonize to pilot...
Robinhood’s Crypto Revenue Declined 12% to $51 Million in Q3
2.11.2022
The popular no-fee trading app’s monthly average users fell to 12.1 million as customers navigated a “volatile market environment.”
CoinDesk Market Index Adds Convex, Serum, 12 Other Digital Assets
2.11.2022
The digital-asset index deleted Polymath and Tribe as constituents, in a series of changes that take effect Nov. 2 at 4 p.m. ET
The Fed Codifies Fourth Consecutive 75bps Rate Hike — Stocks, Bitcoin, and Metals Rise
2.11.2022
The U.S. Federal Reserve introduced another jumbo rate hike on Wednesday, Nov. 2, 2022, by hiking the federal funds rate (FFR) by 75 basis points (bps). The American central bank said on Wednesday that the hike aims to curb inflation and the Fed says “recent indicators point to modest growth...
Russia Plans to Allow Mining of Any Cryptocurrency, Lawmaker Unveils
2.11.2022
Newly proposed legislation aims to permit the minting of any cryptocurrency in Russia, a prominent lawmaker has revealed. While the draft law states that the circulation of the minted coins should take place outside Russian jurisdiction, an upcoming bill provides for their use under “experimental...