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Why the Bitcoin Price Rally is Stalling on Mixed Rates and Growth Outlook, DOJ Action – But Will Climb Again
19.1.2023
The bitcoin price is up 0.4% at $20,910, recovering somewhat from a $1,000 plunge after a crypto exchange co-founder was arrested on Wednesday, and weak US data pointed to an economic hard landing.
Although there was good news on wholesale inflation in the US yesterday, the shock retail sales...
Crypto.com to support the Cronos V1.0 Galileo upgrade
18.1.2023
Cronos has finally announced that V1.0 Galileo is ready for the upgrade. The countdown has been going on for some time, and the community has something to smile about now. Cronos took to Twitter to share the development while also reminding the community about the features that it will bring along...
Crypto.com signs agreement with Climeworks & strengthens sustainability journey
17.1.2023
Crypto.com, as part of its plans, has taken the initiative of signing an eight-year contract with Climeworks to fulfill its commitment to the nullification of its direct carbon emissions. Crypto.com, as an entity, happens to be the undisputed leader of industries related to regulatory compliances...
Indian Central Bank Chief Insists Crypto Should Be Banned — Warns ‘It Will Undermine Authority of RBI’
16.1.2023
India’s central bank has reiterated its stance on banning cryptocurrencies like bitcoin and ether. The governor of the Reserve Bank of India (RBI) likened cryptocurrency trading to gambling. He warned that crypto “will undermine the authority of the RBI and lead to the dollarization...
Crypto.com Cuts 20% of Staff in Latest Retrenchment by a Top Crypto Exchange in Fight for Survival
13.1.2023
Crypto.com has announced that it will cut 20% of its staff, citing macroeconomic headwinds and the collapse of rival exchange FTX as its reasons.
“While we continue to perform well, growing to more than 70 million users worldwide and maintaining a strong balance sheet, we’ve had to navigate...
Crypto.com Cuts Workforce by Nearly 20%
13.1.2023
The firm is the latest among the major crypto firms to announce layoffs
Crypto.com CEO announces 20% staff cut, 'did not account' for FTX collapse
13.1.2023
"While we continue to perform well, growing to more than 70 million users worldwide and maintaining a strong balance sheet, we’ve had to navigate ongoing economic headwinds and unforeseeable industry events. "
Crypto.com delists USDT for Canadian users following OSC ban
10.1.2023
Registered cryptocurrency exchanges in Ontario, Canada cannot list USDT due to regulatory prohibition
Crypto.com Delists Tether’s USDT Stablecoin for Canadian Users
10.1.2023
The move comes after the Canadian Securities Administrators committed to stronger oversight over crypto exchanges following FTX’s collapse
Former Fed Chair Alan Greenspan: Crypto Is Too Dependent on ‘Greater Fool Theory’ to Be a Desirable Investment
8.1.2023
Former Federal Reserve Chairman Alan Greenspan says crypto is “too dependent on the ‘greater fool theory’ to be a desirable investment.” However, he noted that the collapse of crypto exchange FTX was “purely fraud,” rather than the result of a feature inherent...
‘Brazilian Nostradamus’ Predicts Messy End for Crypto
5.1.2023
A South American psychic known as the “Brazilian Nostradamus” has forecasted a catastrophic end for the world of crypto, claiming that governments around the world will come gunning for bitcoin (BTC) and the like.
Per the Brazilian media outlet Livecoins, the predictions were made by Athos Salomé...
Argentine Senate Mulls Crypto Advertisement Regulation
28.12.2022
The Argentine senate is discussing a preliminary project that would regulate the way in which individuals and organizations promote crypto. The objective of the project, which is still under discussion, would be to educate consumers on the dangers of investing in crypto and also to protect them...
Today in Crypto: Fidelity Files Metaverse Trademark Applications, Defrost Finance to Refund Users Post-Hack, Argo Blockchain Suspends Nasdaq Trading
27.12.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Fidelity Files Metaverse Trademark Applications, Defrost Finance to Refund Users Post-Hack, Argo...
Another Crypto.com Ad Banned by UK Advertising Regulator
21.12.2022
The company also came under fire from the Advertising Standards Authority in January
Web3 Privacy Layer Aztec Raises $100 Million in Series B Funding Round to Produce an Encrypted Version of Ethereum
19.12.2022
Aztec, a Web3 privacy layer, has raised $100 million in a Series B funding round led by the Andreessen Horowitz subsidiary a16z crypto. The organization, which already offers privacy-based services for a slew of Ethereum-based apps, will now focus on constructing an encrypted version of Ethereum...
Bahrain Telecom Operator Starts Accepting Crypto Payments
18.12.2022
Stc Bahrain, a subsidiary of the Bahrain telecoms operator Stc Group, recently said its partnership arrangement with payment service provider Eazy Financial Services has created an opening that allows clients to pay bills using crypto. According to a statement, the telecom operator’s move...
Accounting Firm Mazars Stops Proof-of-Reserve Audits for Crypto Firms, Binance Audit Removed From the Web
16.12.2022
The accounting firm Mazars Group has stopped doing proof-of-reserves (POR) audits for cryptocurrency exchanges and the recently published Binance POR has been removed from the web. Mazars was conducting a number of POR audits for crypto exchanges like Binance, Crypto.com, and Kucoin following...
Crypto.com continues its worldwide registration push with Brazilian EMI license
15.12.2022
The cryptocurrency exchange has offered a crypto/fiat Visa card in Brazil since last year and is expanding rapidly on international markets
Crypto.com Receives License as a Payment Institution in Brazil
15.12.2022
The company is the first crypto exchange to become a licensed payments institution in the South American country
Rock Legend Gene Simmons Is Holding Crypto Despite Market Sell-Offs and FTX Collapse
12.12.2022
Rock band Kiss’ lead singer Gene Simmons has confirmed that he is still holding crypto despite the crypto winter and the collapse of cryptocurrency exchange FTX. “I’m deep in crypto. I believe in it,” the rock legend affirmed. Noting that he has several cryptocurrencies...