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DeFi Lender Arco Protocol, Launched on Aptos Blockchain, Goes Dark After Botched Fundraise
31.10.2022
Arco Protocol, A cross-chain DeFi lending & staking platform on the newly-launched Aptos blockchain, has gone offline following a botched fundraise
Metaverse Project WeMade Put on 'Caution' List in South Korea After Releasing Inaccurate Token Data
31.10.2022
WeMade said it accidentally excluded the issuance of tokens meant to supply liquidity to its mainnet and increase user participation
Mercado Pago Launches Cryptocurrency Trading Services in Mexico
31.10.2022
Mercado Pago, the financial wallet division of Mercado Libre, the Latam e-tail giant, has announced the launch of cryptocurrency trading services in Mexico. The company has already launched this kind of service in Brazil, serving one million customers in the country, allowing them to purchase...
Bitcoin Miner Argo's $27M Fundraise Falls Through; Shares Plunge
31.10.2022
Argo Blockchain's plan to raise $27 million from a strategic investor has fallen through, the company said
Bank of Thailand Needs More Time to Complete and Launch Retail Digital Currency
31.10.2022
The central bank of Thailand is not going to rush with the launch of its digital currency as it’s not yet sure about the benefits it would bring. According to the head of the monetary authority, the development of the state-issued coin may take several years. Thailand’s Central Bank Wants to Better...
Ether Sees Biggest Weekly Gain in 3 Months, ETH-BTC Rally to Continue
31.10.2022
Ether rallied 16% last week, registering its biggest gain since July. The recent positive change in ether's tokenomics are helping the cryptocurrency outperform industry leader bitcoin
After Huobi Delisting Stablecoin HUSD Falls 72% From Dollar peg
31.10.2022
The once popular HUSD stablecoin has fallen dramatically from its $1 peg, dropping to a low of $0.34 after crypto exchange Huobi announced that it delisted the asset on Friday
B2C2 Adds Electronic Crypto Options to Over-the-Counter Trading Platform
31.10.2022
Clients of the liquidity provider can now trade over-the-counter options electronically, in an expansion beyond the “voice via chat” options trading started a year ago
Argentine Tax Authority AFIP Notified 4,000 Crypto Holders to Ammend Their Tax Statements
31.10.2022
The Argentine Tax Authority (AFIP) is ramping up its fight against cryptocurrency-related tax evasion. On Oct. 28, the organization informed it had sent notifications to 3,997 taxpayers about incongruencies between their tax statements and reports on their cryptocurrency holdings. These statements...
Hong Kong Govt. Reconsiders Stance on Virtual Asset ETFs, Tokenised Securities, and Retail Investors
31.10.2022
The government says it's ready to engage with virtual asset service providers and invite them to the city
Dogecoin Futures Rack Up Nearly $90M in Liquidations Over Weekend in Unusual Move
31.10.2022
There’s $647 billion of open interest on dogecoin futures as of Monday
French Lawyer Asks Russian Patriarch to Help Save Alexander Vinnik From ‘Political Trial’ in US
31.10.2022
A member of the defense team of the alleged BTC-e operator Alexander Vinnik has called on the head of the Russian Orthodox Church to intervene in support of his client. The Russian national may be sentenced to over 50 years in prison for his role in the infamous cryptocurrency exchange. Prisoner...
Economists Discuss Russia, China Potentially Developing Gold-Backed Currency That Could Undermine US Dollar
31.10.2022
Economists have weighed in on reports that China and Russia may be developing a new gold-backed currency that could undermine the U.S. dollar’s status as the world’s primary reserve currency. Russia and China May Be Developing Gold-Backed Currency Several experts have shared their views...
Surging Popularity of Ethereum Staking Keeps Lid on Yields
31.10.2022
Over 14 million ether, worth more than $2 billion, are currently deposited on the Ethereum blockchain, data shows. But as the staked pool gets larger, it also lowers the yield
Veteran Trader Peter Brandt Says Dogecoin Bear Market Has Ended
31.10.2022
Veteran trader Peter Brandt says the dogecoin bear market that began in May last year has ended. His comment came after the price of dogecoin soared following Tesla CEO Elon Musk’s acquisition of the social media platform Twitter. Peter Brandt on Dogecoin Outlook Veteran trader Peter Brandt...
First Mover Asia: Crypto Platform Freeway's Lack of Transparency Should Have Been a Red Flag
31.10.2022
Major DeFi projects post their code on GitHub and provide clear information about themselves
Professor Steve Hanke Says US Economy Was Flat Over the Last Year, but Stresses ‘It’s Going to Hit South’
30.10.2022
Amid the chaotic economy, plagued with central bank tinkering, supply chain issues, and red-hot inflation, the professor of applied economics at Johns Hopkins University, Steve Hanke believes a “pretty big recession” will take place in 2023. Speaking in an interview on Oct. 28, Hanke...
After Years of Uncertainty, Cryptocurrency Exchanges Can Open Bank Accounts in Chile
30.10.2022
After years of court battles in Chile, a cryptocurrency exchange has managed to open a bank account in Bci, a financial institution that established a protocol to serve these businesses. The first exchange that opened a bank account with the institution was Buda, a local exchange, which satisfied...
Stablecoin HUSD Continues to Trade Below $1 Parity as Token Taps an All-Time Low at $0.72
30.10.2022
After Huobi Global announced that it would be delisting the stablecoin HUSD and auto-converting customer balances 1:1 with tether tokens, the stablecoin asset has dropped significantly in value sliding to a low of $0.72 per unit. HUSD Remains Below the $1 Peg Another stablecoin is struggling...
Fed’s Key Inflation Gauge Jumps 0.5% in September, America’s Rising Costs to ‘Punish’ Democrats
30.10.2022
The U.S. central bank’s key inflation gauge, the personal consumption expenditures (PCE) price index, increased by 0.5% in September, according to data released by the U.S. Commerce Department on Oct. 28. Meanwhile, markets expect with near-certainty that the Federal Reserve will codify its fourth...