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XRP Fans Celebrate as Ripple Co-Founder Finally Dumps Remaining Tokens
18.7.2022
Jed McCaleb, the co-founder and ex-Chief Technical Officer of fintech firm Ripple, appears to have finished his infamous dumping of XRP tokens in the market, with a wallet he controls now showing a balance of just XRP 47.7, or just over 17 US dollars.
Per data from the blockchain explorer...
Prosecution ‘Investigating Still-Extant South Korean Terraform Subsidiary’, Exchanges Make Self-regulation Proposal
15.7.2022
South Korean prosecutors have reportedly uncovered evidence of an obscure Terraform Labs subsidiary that appears to exist only “on paper.”
Terraform, the company behind the LUNAC token, the UST stablecoin, and the new LUNA coin, shuttered its South Korean businesses back in April. But per...
CEL Crashes as Celsius Enters New Chapter of Its Saga and It's Restructuring
14.7.2022
After reportedly returning all of its debt to DeFi lending protocols, troubled crypto lender Celsius (CEL) said it has initiated voluntary Chapter 11 proceedings in the US in an attempt to stabilize its business. CEL dropped following the announcement.
At 03:03 UTC, CEL trades at USD 0.538 and...
Twitter vs. Elon Musk, Digital Euro's Phase 2, New Investments + More News
13.7.2022
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: Twitter vs. Elon Musk, Digital Euro's Phase 2, New Investments + More News
Here's the 'Final Guidance' on 'Stablecoin Arrangements' by BIS and IOSCO
13.7.2022
The Bank for International Settlements (BIS) wants to create a set of standards for the stablecoin industry that will cover payments, clearings, and settlements.
In a report released today and shared with Cryptonews.com, the BIS’ Committee on Payments and Market Infrastructures and...
BitMEX Postpones Listing of Its BMEX Token
12.7.2022
Crypto exchange BitMEX said it has postponed the listing of its native token BMEX due to unfavorable market conditions.
In a recent blog post, the exchange said although they are ready to list BMEX, the current market conditions "are not ideal."
When asked about when the coin might eventually...
South Korea Ready to Test its CBDC with Commercial Banks, But Says Launch Is ‘a Long Way off’
12.7.2022
South Korea’s central Bank of Korea (BOK) says it is now ready to commence “real-world” testing for its prototype digital won – but is refusing to say whether or not it actually intends to roll out the token....
Read More: South Korea Ready to Test its CBDC with Commercial Banks, But Says Launch...
Venezuelan Crime Gang Was ‘Stealing Crypto from Retirees’
11.7.2022
A Venezuelan police agency says it has caught criminals who have allegedly stolen cryptoassets from pensioners by misusing the Patria crypto remittance platform....
Read More: Venezuelan Crime Gang Was ‘Stealing Crypto from Retirees’
Crypto Listing and Delisting Announcements: Week 28
11.7.2022
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
‘Robust’ Regulations Needed in Crypto & Stablecoin Sector, Says G20 Advisory Body Ahead of Its Report in October
11.7.2022
One of the world’s leading financial policy-making organizations said that it will tell governments to step up their supervision of stablecoins later this year – against a “backdrop of the recent turmoil” in the crypto sector.
In a press release from the Financial Stability Board (FSB), which...
New Class Action Lawsuit Targets Solana In California
7.7.2022
Solana Labs, the entity behind the Solana (SOL) blockchain, has found itself targeted by a new class-action lawsuit filed with a California court.
The suit accuses the company, along with a number of related persons and entities active within the ecosystem, of drawing illegal profits from...
Shiba Inu Reveals Stablecoin Plans and Dogecoin Comes to Las Vegas
7.7.2022
Popular dog-themed meme coins shiba inu (SHIB) and dogecoin (DOGE) may get a boost as the former plans to expand its ecosystem with a range of new products, while the latter will reportedly be accepted as a payment method at The Boring Company's newly-opened transit station in Las Vegas....
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Beijing Court Rules in Case Involving a Man Who Refused to Be Paid in USDT Instead of Fiat
7.7.2022
A Chinese tech worker who refused to be paid in tether (USDT) and insisted on receiving fiat yuan has won his case against his former employers.
Per the Workers’ Daily, a branch of the People’s Court in the Chaoyang District of Beijing heard a civil case involving a now-defunct IT company and...
Chinese Central Bank May Apply Smart Contract Technology to Digital Yuan
6.7.2022
The central People’s Bank of China (PBoC) could be set to make use of smart contracts in its digital yuan project – an indication that blockchain technology could well end up playing a larger role than expected in the e-CNY’s future....
Read More: Chinese Central Bank May Apply Smart Contract...
Bitcoin and Ethereum Still Range-Bound, AVAX and SAND Accelerate
6.7.2022
Bitcoin price is still consolidating above the USD 19,500 support zone and is currently (11:47 UTC) trading near USD 20,100, with a key hurdle near USD 20,500. BTC increased over 2% in a day, erasing its weekly losses.
Similarly, most major altcoins are eyeing an upside break. ETH is moving...
Crypto.com CEO Rushes to Calm the Market as Rumors Flourish
5.7.2022
The CEO of the crypto trading and payments platform Crypto.com (CRO), Kris Marszalek, took to Twitter today to calm down his platform's users....
Read More: Crypto.com CEO Rushes to Calm the Market as Rumors Flourish
Crypto Listing and Delisting Announcements: Week 27
5.7.2022
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
Argentineans Rush to Tether After Economy Minister Resigns
4.7.2022
Residents of Argentina rushed to bid up the price of the popular stablecoin tether (USDT) in local fiat terms over the weekend after news broke that the country’s minister for the Economy had resigned.
According to data from CriptoYa, a data provider that tracks crypto prices from Latin American...
Cardano Vasil Hard Fork is Now 'Inevitable' after 'Successful' Testnet
4.7.2022
Cardano (ADA)'s long-awaited Vasil upgrade, which aims to improve the network's scalability and performance, has gone through the testnet "successfully" and is expected to deploy on the mainnet in a month.
Input Output Hong Kong (IOHK), the research and development company that has developed...
Circle Denies USDC Trouble Rumors, Tether Supply Still Elevated on Curve
4.7.2022
Circle, the US-based payments company that issues the stablecoin USD coin (USDC), has denied that it is facing any sort of difficulty in maintaining the coin’s US dollar peg. Meanwhile, the supply of tether (USDT) coins on one of the most used stablecoin liquidity pools remains elevated....
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