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US regulatory crackdown leads to $32M digital asset outflows: CoinShares
21.2.2023
Institutional investors are feeling the heat as the SEC targets all aspects of the crypto industry in the United States
Next Crypto Bull Run Will Start From the East, Says Gemini Co-Founder
21.2.2023
Gemini’s co-founder believes that the next crypto bull run will come from the East. “It will be a humbling reminder that crypto is a global asset class,” he said. “The West, really the U.S., always only ever had two options: embrace it or be left behind. It can’t...
Expert Predicts Looming Economic Collapse as BRICS Nations Unite Against the Dollar
20.2.2023
Andy Schectman, CEO of Miles Franklin Precious Metals Investments, explained in a recent interview that the five leading emerging economies—Brazil, Russia, India, China, and South Africa, collectively known as BRICS nations—are “coalescing against the dollar.” Schectman believes that...
Helium Network Migration to Solana Blockchain in March Drives Significant Gains for SOL and HNT Tokens
20.2.2023
Over the past seven days, the crypto asset solana has increased more than 23% against the U.S. dollar after the announcement that the Helium Network plans to migrate to the Solana blockchain on March 27. Helium Network’s native token, helium, has also risen, jumping 25% over the past week...
Digital Asset Funds See $32M Outflows Amid U.S. Crypto Crackdown
20.2.2023
Digital asset investment funds saw $32 million in net outflows last week amid a flurry of aggressive regulatory actions from U.S. authorities.
According to a recent report by CoinShares, the $32 million in outflows marks the largest withdrawal from crypto funds since late December 2022.
It...
Russia’s Yandex Search Engine Adds Cryptocurrencies to Its Converter
20.2.2023
Yandex, the largest Russian search engine, has updated its currency converter, adding cryptocurrencies. The widget now shows the rates of these coins in a number of fiat currencies, with plans to introduce crypto-to-crypto pairs in the future as well. Yandex Integrates Leading Cryptocurrencies Into...
Bitcoin Continues to Record Blocks Above the 3.75 MB Range as Ordinal Inscriptions Near 150,000
19.2.2023
As Ordinal inscriptions approach the 150,000 mark, blocks larger than 3 MB have become commonplace, with many blocks near the 4 MB range. Meanwhile, after the average transaction fee on-chain rose 122% higher at the beginning of February 2023, the average fee has remained the same over the last...
Metaverse, AI, and Liquid Staking Tokens Lead Year-to-Date Crypto Asset Gains Among Top 125
19.2.2023
In 2023, the leading crypto assets, such as bitcoin and ethereum, have captured decent gains. Bitcoin has increased 17.2% over the last 30 days, and ethereum has risen 9.3% in the same timeframe. However, year-to-date statistics show that bitcoin is down 38.3%, and ethereum has lost 39.3% against...
Brazilian Government Preparing New Decree to Clarify Cryptocurrency Rules
18.2.2023
The Brazilian government is preparing to release a decree to fill the blank spaces that the recent approval of the cryptocurrency law has left open. The document, prepared by the Ministry of Finance, will establish the areas of oversight and responsibilities for the Central Bank of Brazil and...
Terra lawsuit a ‘roadmap’ to attack other stablecoins: Delphi Labs
17.2.2023
Delphi Lab's general counsel said the SEC was being "more thorough than usual" in its lawsuit against Terraform Labs and its co-founder Do Kwon
Terraform Labs and CEO Do Kwon Charged by SEC With Multibillion-Dollar Crypto Fraud
17.2.2023
The U.S. Securities and Exchange Commission (SEC) has charged Terraform Labs and its CEO, Do Hyeong Kwon, with fraud, alleging that Kwon and his company orchestrated “a multibillion-dollar crypto-asset securities fraud.” The securities watchdog insists that Kwon raised billions from...
What Fat Tails and Revolutionary Ages Mean for Digital Assets
16.2.2023
Stock market returns are overwhelmingly driven by a small group of winners. Jennifer Murphy, CEO of Runa Digital Assets, expects the same trend in digital assets
Crypto Lender Celsius to Be Acquired by Novawulf, Exiting Chapter 11
16.2.2023
Crypto lender Celsius’ committee of unsecured creditors has chosen the digital asset investment firm Novawulf Digital Management to sponsor the company’s reorganization plan, according to a statement published on Wednesday. The proposed agreement would enable Celsius to exit...
Oman Capital Markets Regulator Plans to Establish a Virtual Assets Regulatory Framework
16.2.2023
The Oman Capital Market Authority (CMA) has said it plans to establish a regulatory regime to govern as well as develop the country’s virtual assets market. The regulator said the envisaged regulatory regime enables it to avail an “alternative financing and investment platform...
Swiss Crypto Company Taurus Raises $65 Million From Credit Suisse, Other Banks
16.2.2023
Digital asset infrastructure provider Taurus has secured millions of U.S. dollars in investment from major banking institutions. The successful funding round comes in the aftermath of negative developments in the crypto space, indicating that large players from traditional finance remain engaged...
SEC Chairman Proposes Amending Federal Custody Rules to Cover ‘All Crypto Assets’
16.2.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has proposed amending federal custody rules to cover “all crypto assets.” The SEC chief said: “Though some crypto trading and lending platforms may claim to custody investors’ crypto, that does not mean they...
Siemens issues €60M digital bond on a public blockchain
14.2.2023
Siemens shared that the process of issuing digital bonds is much faster and more efficient than traditional bond-issuing methods
Digital Asset Provider Raises $65M in Series B Led by Credit Suisse
14.2.2023
The company said the funds will be used to expand Taurus' new offices in Europe, the UAE, and later in the Americas and Southeast Asia
Cathie Wood’s Ark Invest bags nearly $16M Coinbase stocks in February
14.2.2023
Ark Invest has spent nearly $30 million on the Coinbase stock so far in 2023 while dumping Grayscale Bitcoin Trust shares
Report: Flutterwave CEO in Bid to Recover Millions Stuck in Kenya
14.2.2023
According to reports, the CEO and co-founder of the Nigerian fintech Flutterwave, Olugbenga Agboola, recently visited Kenya where he sought to convince the country’s monetary authorities to grant the firm access to funds that have been blocked since July 2022. Agboola claimed that his firm...