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Q2 2022 Cryptocurrency Report Highlights Terra’s Collapse and Capital Exiting the Crypto Ecosystem
23.7.2022
On July 13, the dedicated crypto price tracking, volume, and market capitalization web portal Coingecko published the company’s “Q2 2022 Cryptocurrency Report” which discusses the last quarter’s crypto market action and insights. The 46-page report explains how the Terra...
Board urges Bank of Central African States to introduce common digital currency: Report
22.7.2022
The Central African Republic, one of the nations served by the Bank of Central African States, passed legislation adopting Bitcoin as legal tender in April
Bank of Central African States Urged to Introduce Common Digital Currency: Report
22.7.2022
The Bank of Central African States has been urged to introduce a digital currency to modernize payment structures
Crypto to reach 1 billion users in 2030: BCG Report
22.7.2022
A report by Boston Consulting Group (BCG) showed that 0.3% of individual wealth is invested in crypto while 25% is in equities
Three Arrows Capital Founders Say Terra, GBTC Trades Led to Fund Blowup: Report
22.7.2022
“What we failed to realize was that Luna was capable of falling to effectively zero,” Three Arrows Capital co-founder Su Zhu said
Three Arrows Capital Founders Break Their Silence, Look to Move to Dubai: Report
22.7.2022
The founders of defunct fund Three Arrows Capital have broken their silence in an interview with Bloomberg
Taiwan Set to Ban Crypto Purchases Using Credit Cards: Report
22.7.2022
The country's financial regulator sent a letter to the banking association asking credit card companies to stop taking on crypto firms as merchants
BlockFi had $1.8B in outstanding loans in Q2: Report
22.7.2022
Crypto lender BlockFi outlined the total amount of loans and net risk exposure it carried at the end of Q2 2022, and shared how it is managing liquidity and credit risk
South Korean Prosecutors Raid Terra Co-Founder Daniel Shin's Home: Report
22.7.2022
South Korean authorities are continuing their investigation into fraud allegations at the center of the Terra collapse
Workers in volatile economies most likely to take pay in crypto: Report
22.7.2022
There has been an increase in employee crypto payments for the first half of this year despite the market crash, according to Deel
Report: Blockchain.com Cuts Staff by 25%, Executive Salaries Reduced
21.7.2022
According to a recent report, Blockchain.com has laid off a quarter of the company’s staff and it has closed the crypto company’s Argentina-based offices as well. The layoffs follow the report that noted Blockchain.com lost $270 million due to exposure to Three Arrows Capital (3AC)....
Hardware wallet industry to outstrip crypto exchanges: Report
21.7.2022
Global crypto exchange revenue is estimated to grow at a 13% CAGR by 2028, while the hardware wallet market is expected to exhibit a CAGR of 27% by 2027
Brazilian Crypto Exchange Mercado Bitcoin to Launch Operations in Mexico This Year: Report
21.7.2022
The company’s parent 2TM raised $200 million from SoftBank one year ago with an eye towards expanding across Latin America
Crypto lender Vauld seeks protection against creditors: Report
21.7.2022
The crypto exchange, which is backed by Peter Thiel and Coinbase, halted withdrawals in July following an apparent run on its assets
Bitcoin price dips under $23K after earnings report reveals Tesla sold 75% of its BTC
20.7.2022
BTC’s march toward $24,000 took a brief pause after media headlines announced that Tesla had sold 75% of its Bitcoin position
Scaramucci’s SkyBridge Planning New Fund for Web3, Crypto: Report
20.7.2022
The news follows reports that SkyBridge suspended withdrawals from a separate fund due to price pullbacks
FTX and FTX US seek even more funding following acquisitions: Report
20.7.2022
Both the major crypto exchange and its U.S. arm closed on separate $400 million funding rounds in January
Analysts Suspect the Fed Will Bump Federal Funds Rate by 75 bps Next Week, Others Predict the ‘Biggest Hike in Decades’
20.7.2022
Following the recent U.S. consumer price index report that indicated inflation in America has reached a 40-year high, many expect the Federal Reserve to hike the benchmark interest rate by 75 to 100 basis points (bps) on July 26. Blackstone’s Private Wealth Solutions expects the Fed to raise...
South Korean authorities raid 15 entities linked to Terra collapse: Report
20.7.2022
The Seoul Southern District Prosecutors Office reportedly raided the offices of crypto exchanges Upbit, Bithumb, Coinone, Korbit and Copax, among others on Wednesday
Prosecutors Raid 7 Korean Exchanges Amid Terra Probe: Report
20.7.2022
Prosecutors in South Korea raided seven local exchanges including Bithumb and Upbit on Wednesday as it continues to prob the Terraform Labs implosion