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South Korean Government Calls for Voluntary Regulations From Crypto Industry
15.6.2022
The executive power and the ruling party in South Korea have urged the cryptocurrency industry for what officials describe as voluntary regulatory measures, a Korean media report revealed. The call was issued during a consultative meeting devoted to crypto assets. Government Asks South Korean...
Report: Celsius Seeks Help From Restructuring Lawyers Over Financial Hardship
15.6.2022
Following the rumors and speculation surrounding the crypto lending firm Celsius, a Wall Street Journal report, quoting “people familiar with the matter,” explains that the company is reportedly hiring restructuring lawyers. Basically, hiring restructuring and insolvency attorneys...
SEC Launches Inquiry Into Insider Trading at Crypto Exchanges: Report
14.6.2022
The agency has sent a letter to at least one major crypto exchange asking about its safeguards, according to Fox News
Report: South Korean Crypto Exchanges to Create Body to Preempt Another Terra LUNA Type of Collapse
14.6.2022
Five South Korean cryptocurrency exchanges said they intend to create a consultative organization which will help prevent a repeat of a Terra LUNA-style token collapse. The organization is expected to achieve its objectives by applying standards that are endorsed by the crypto exchanges. Screening...
Another Report Confirms That Criminal Behavior Keeps ‘Dropping as a Percentage of Overall Crypto Activity’
14.6.2022
Global politicians’ claims that crypto is the criminal world’s currency of choice may be wide of the mark, another report reitarates.
The findings were detailed in an annual report by the American blockchain analytics firm CipherTrace, which was bought up last year by the payments giant...
NY City Mayor Eric Adams Wants State's Governor to Veto 2-Year Moratorium on PoW Mining: Report
14.6.2022
The city's pro-crypto mayor plans to ask Gov. Kathy Hochul to veto a mining bill that would stop Proof of Work mining for two years
Illicit crypto usage as a percent of total usage has fallen: Report
14.6.2022
A rapidly growing crypto market means that hacks and scams are accounting for less overall activity, and their percentage of total usage continues to decline
Goldman Sachs Executes Its First Trade of Ether-Linked Derivative: Report
13.6.2022
The Wall Street giant executed its first Ethereum non-deliverable forwards, a derivative that pays out based on the price of ether and offers institutional investors indirect exposure to the cryptocurrency
Report: Kenyan and Nigerian Central Bankers Attack Cryptocurrencies but Endorse CBDCs
13.6.2022
Cryptocurrencies are very unstable for them to become a widely used method of payment, the Nigerian and Kenyan central bankers have reportedly said. In addition, the bankers claim that cryptocurrencies also pose a risk to financial stability. Narrowing the Financial Exclusion Gap The Nigerian...
EU Nears Agreement on Crypto Regulations, Report Reveals
12.6.2022
Authorities in the EU are moving closer to a deal on a legislative package tailored to comprehensively regulate the crypto market and related activities in Europe. According a media report, an agreement on the key legislation is likely to be reached as early as this month. Deal on EU Crypto...
Report: Five South Korean Crypto Exchanges Respond to Litecoin MWEB Upgrade by Delisting the Coin
12.6.2022
Five South Korean cryptocurrency exchanges recently said they will delist litecoin because the crypto asset’s Mimblewimble Extension Blocks (MWEB) upgrade violates the country’s laws. As a result, the exchanges’ users cannot use the Korean won to trade the crypto asset, which...
US Inflation Spiked 8.6%, Highest in 40-Years — Economist Says We’re Not ‘Seeing Any Signs That We’re in the Clear’
11.6.2022
After April’s consumer price index (CPI) report was published, a number of American economists and bureaucrats said that inflation had peaked and it was possible that inflation would subside. However, statistics from the U.S. Labor Department indicate the CPI increased 8.6% from a year...
Bitcoin, Ethereum Technical Analysis: ETH Falls to 15-Month Low to Start the Weekend
11.6.2022
Crypto prices plunged as the weekend commenced, following yesterday’s U.S. inflation report, which came in at a 40-year high of 8.6%. ETH fell to its lowest point in fifteen months, while BTC dropped below $29,000. Bitcoin Following days of consolidation, BTC finally moved late on Friday...
Report: Luxury Fashion Retailer Farfetch to Accept Crypto Assets for Payments
10.6.2022
The British-Portuguese luxury fashion retailer Farfetch said it will accept crypto assets soon thanks to a partnership with the German crypto platform Lunu. Farfetch will accept seven different crypto assets including bitcoin, ethereum, and binance coin, and the feature will be rolled out to select...
Report: God Of War Ragnarök Planned For November
10.6.2022
This is not a drill, boy: God of War Ragnarök is planned for a November release, Bloomberg reports.Read more
Bitcoin Sees Weakness Ahead of CPI Report; Cardano, Solana Lead Fall in Majors
10.6.2022
Crypto market capitalization fell some 2.3% in the past 24 hours as bitcoin rose, then lost, a pivotal support level at $30,000
Global Bitcoin adoption to hit 10% by 2030: Blockware report
10.6.2022
Bitcoin, like the internet and social media, benefits from “network effects”, where more adoption spurs higher value and incentive for additional take-up, says Blockware Intelligence
US SEC Investigating Do Kwon’s Terraform Labs and UST Collapse: Report
10.6.2022
The U.S. Securities and Exchange Commission (SEC) is reportedly investigating Terraform Labs and the collapse of algorithmic stablecoin terrausd (UST). “SEC enforcement attorneys are investigating whether Terraform Labs broke securities and investment product rules.” SEC Launches...
SEC Investigating Company Behind TerraUSD Stablecoin: Report
9.6.2022
The SEC is reportedly investigating whether Terraform Labs violated federal investor protection laws in how it marketed TerraUSD (UST) and Luna
Despite what you heard, NFT market is far from dead: DappRadar
9.6.2022
There’s no question that blue-chip NFT collections such as BAYC have declined in value recently, but the market for digital collectibles is much bigger