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Square Enix to Reinforce Blockchain Bet, According to Latest Earnings Report
17.5.2022
Square Enix has announced its new mid-term business plan, reinforcing its blockchain pivot according to the documents presented. The company will continue to invest in key companies in the blockchain arena, including Animoca Brands and The Sandbox, and will also consider other investments in...
A16z Addresses Downturn in Inaugural State of Crypto Report
17.5.2022
The inaugural report discussed Web 3 trends and why Ethereum remains the dominant blockchain
China’s Global Bitcoin Hashrate Share Leaps up from Zero to Over 21% - Report
17.5.2022
The latest Cambridge Bitcoin Electricity Consumption Index (CBECI) hashrate figures will make interesting reading for anyone in the Bitcoin (BTC) mining space.
Last year, the University of Cambridge’s Judge Business School reported that the “leading share” of global Bitcoin network hashrate...
Bitcoin․com Exchange Market Insights Report for May 2022
17.5.2022
This is the May 2022 monthly market insights report by Bitcoin.com Exchange. In this and subsequent reports, expect to find a summary of crypto market performance, a macro recap, market structure analysis, and more. Crypto Market Performance May got off to a rough start as the Federal Reserve...
Circle Says USDC Reserve Backed Entirely in Cash and Short-Dated US Treasuries
16.5.2022
On May 13, Circle’s chief financial officer Jeremy Fox-Geen published a blog post called “How to Be Stable,” following the aftermath of Terra’s stablecoin implosion. Circle’s CFO explained that since usd coin’s inception, the stablecoin aims to...
Elliptic’s Report Reveals Details About Terra’s BTC Treasury
16.5.2022
Elliptic, a well-known blockchain analytics and intelligence firm, released a report explaining the situation regarding Luna Foundation. The report highlighted how LFG’s Bitcoin stash was bought to collateralize the UST stablecoin. The project purchases around 80,000 Bitcoin in 2022 until...
Japan’s Nomura Said to Launch Crypto Unit With DeFi and NFTs on Menu: Report
16.5.2022
Indian Central Bank Says Cryptos Could Lead to "Dollarization" of Economy: Report
16.5.2022
Cryptos can lead to "dollarization" of a part of the economy, which would be against the country's sovereign interest, according to a report
Onchain Analysis Report Says Terra’s Bitcoin Reserves Were Sent to Binance and Gemini
15.5.2022
After the collapse of Terra’s once-stable coin terrausd (UST), a number of people wondered where the Luna Foundation Guard’s (LFG) bitcoin went, as the funds were supposed to be used to defend the UST’s $1 parity. On Friday, the blockchain intelligence and analytics firm...
Report: Central African Banking Regulator Says Crypto Ban Still Effective
15.5.2022
An African regulator has told members of the six-nation Economic and Monetary Community of Central Africa (CEMAC) that a ban on cryptocurrencies is still effective. The regulator said the prohibition is designed to ensure financial stability is maintained within the economic bloc. COBAC to Set...
Number of Busted Illegal Crypto Mining Farms in Iran Nears 7,000
14.5.2022
Authorities in Iran have shut down close to 7,000 unauthorized facilities for cryptocurrency mining in the past two years, local media revealed. According to a report, most of the illegal bitcoin farms were concentrated in five provinces of the Islamic Republic, including Tehran. Iran Continues...
Report: Terra Founder Do Kwon’s Spouse Seeks Police Protection After the LUNA and UST Fallout
14.5.2022
Following the aftermath of the Terra blockchain tokens LUNA and UST losing significant value, reports indicate that the Terraform Labs founder Do Kwon’s apartment was visited by an unidentified person. Do Kwon’s spouse has requested protection from the Seongdong police in Seoul after...
American Financial Infidelity Report: 2 out of 5 Survey Respondents Hid Their Crypto Purchases
14.5.2022
A recent survey study has found that two out of five Americans in committed relationships have admitted to hiding a cryptocurrency purchase from their partner. The crypto-cheating partners believe disclosing the purchase would damage their relationship. Reasons for Not Disclosing Purchases...
Central Bank of Chile Studies Issuance of a Digital Currency
14.5.2022
The Central Bank of Chile revealed it is studying how to issue a national digital currency, the digital peso. The bank issued a report titled “Issuance of a Central Bank Digital Currency in Chile,” where it explores the possibility of the creation of a central bank digital currency...
European Commission Has ‘Serious Doubts’ About Markets in Crypto Assets Draft, Report Reveals
13.5.2022
The European Commission disagrees with some provisions in the crypto regulatory proposal approved recently by the European Parliament. The executive arm in Brussels is unhappy with certain anti-money laundering measures, according to a media report quoting unofficial correspondence. European...
Report: UAE’s Emirates Airline Set to Use ‘Bitcoin as a Payment Service’
13.5.2022
One of the United Arab Emirates (UAE)’s leading airlines, Emirates Airline, said it has plans to add “bitcoin as a payment service.” The airline is planning to recruit personnel to create applications that monitor client needs. Two Different Applications and Approaches...
Crypto needs regulation but should be done right: Report and database
12.5.2022
The absence of a well-defined regulatory landscape sows uncertainty in the crypto industry. What should the regulators do to set things right?
6th Man Ventures Raises $145M for Crypto Fund: Report
12.5.2022
It’s the second fund for the venture capital firm led by The Block founder Mike Dudas
Report: Tanzania Closer to Launching a CBDC
12.5.2022
Tanzania is getting closer to launching a central bank digital currency (CBDC) which gives the country’s residents a “safe alternative,” the central bank governor has said. However, no date for the digital currency launch has been given. Growing Interest in Cryptocurrencies...
Leaked report: South Korea to establish crypto framework by 2024
12.5.2022
The effort will include issuing guidance for NFTs and ICOs, expanding infrastructure and supporting CBDC research