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US House Hearing on Stablecoins and Crypto Reveals Sharp Divide on Approach to Regulation
9.2.2022
A hearing on stablecoin regulation in the US House of Representatives’ Financial Services Committee yesterday revealed strongly diverging views on both stablecoins and crypto more broadly among lawmakers on Capitol Hill....
Read More: US House Hearing on Stablecoins and Crypto Reveals Sharp...
Metaverse Regulation, Alchemy Raises USD 200M, Stablecoin Hack + More News
8.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Metaverse Regulation, Alchemy Raises USD 200M, Stablecoin Hack + More News
XRP Rallies as New Court Orders Offers Hope that Ripple Case May Soon End
8.2.2022
XRP, the coin affiliated with the US-based fintech firm Ripple, extended a week-long rally in the market today that started after a judge in an ongoing court battle between Ripple and the US Securities and Exchange Commission (SEC) issued orders that were seen as positive for Ripple....
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Bitcoin and Ethereum Correct Gains, SHIB and XRP Pause Too
8.2.2022
Bitcoin price extended increase above the USD 44,000 level and even spiked above the USD 45,000 resistance zone. It is currently (11:58 UTC) correcting gains near USD 43,900.
Similarly, most major altcoins are also correcting gains. ETH spiked above USD 3,200 before it started a downside...
Watch Out, Aave and Twitter's Bluesky Move Towards New Social Media Standard
8.2.2022
Decentralized finance (DeFi) protocol Aave (AAVE) has launched an open-source, decentralized social media ecosystem dubbed Lens Protocol. Concurrently, the Twitter-backed Bluesky project has formed an independent organization to implement its vision of creating "an open and decentralized...
China’s Winter Olympic Digital Yuan Gets Frosty Reception from Some ‘Foreigners’
8.2.2022
China is continuing in its efforts to wow the world with its digital yuan at the Winter Olympic Games, which got underway on Friday last week. But it appears that not all attendees – both Chinese and overseas visitors – have been blown away by the token’s usability....
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Crypto Listing and Delisting Announcements: Week 6
7.2.2022
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....
Crypto Market Sentiment Improves, Bitcoin & Ethereum Gain, ATOM Drops
7.2.2022
Following a week of strong performance in the crypto market, sentiment among market participants is also improving. According to the market sentiment analysis service Omenics, the average 7-day sentiment score (sentscore) for 10 major cryptoassets reached 4.86 today, up from 4.39 a week ago....
AXS and SLP Move Higher as Axie Infinity Reveals Economic Revamp
7.2.2022
Popular blockchain-based mobile game Axie Infinity (AXS) has made economic adjustments for its upcoming season 20, drastically reducing the daily issuance of Smooth Love Potion (SLP) tokens which are earned as rewards.
In the first place, the game has eliminated the adventure mode and the daily...
Japanese Police Deletes its Warning about Crypto Mining after Losing Moner Case
5.2.2022
The long-running Monero (XMR) mining saga that pitted Japanese web developers against the police over the matter of crypto mining software may have come to a close last month, but the police force appears to have added an intriguing coda – by removing its public warning about the dangers...
Bitcoin and Ethereum Move Higher, Altcoins Surge
4.2.2022
Bitcoin price remained well bid above the USD 37,000 level. BTC started a decent increase and cleared the USD 38,000 resistance before moving lower again. It is currently (11:54 UTC) up around 3% in a day and is trading near USD 38,000....
Read More: Bitcoin and Ethereum Move Higher, Altcoins...
Reports That IRS Won’t Tax Staking Rewards Create Legal Confusion in US; UK Taxman Updates Its Own Guidance
3.2.2022
Legal confusion has broken out in the United States after media outlets reported on a legal case whereby the Internal Revenue Service (IRS), the United States tax body, is allegedly set to refund a couple’s tezos (XTZ) crypto staking tax bill. But one prominent lawyer says the reporting around...
Smaller Altcoins Extend Gains while Bitcoin and Ethereum Look for Direction
2.2.2022
Bitcoin price is currently (11:58 UTC) consolidating near the USD 38,500 level. If the bulls remain active, the price could rise towards the USD 40,000 level.
Similarly, most major altcoins are attempting a key upside break. ETH could accelerate higher if there is a move above USD 2,800. XRP might...
FTX to Enter Japan via Liquid Group Acquisition
2.2.2022
Major crypto exchange FTX is readying to set up shop in the land of the rising sun via the acquisition of the Liquid group, the owner of a licensed Japanese crypto exchange, Quoine.
“FTX is pleased to announce the acquisition of the Liquid group of companies, including an [Financial Services...
Crypto Exchanges Reward Staff with Bumper Bonuses after Successful 2021
2.2.2022
South Korean crypto trading platforms are not only offering huge pay packages to prospective new hires – they are also looking to retain their staff by paying them massive Lunar New Year bonuses.
As reported, the “big four” crypto trading platforms - Upbit, Bithumb, Korbit, and Coinone –...
Year of the Tiger May Be the Year of the Digital Yuan as China Celebrates with More CBDC Adoption
1.2.2022
For millions of Chinese people living in the “10+1” pilot cities trialing the digital yuan, the Year of the Tiger is off to a lucrative start, with companies on an adoption drive that is seeing them slash prices for digital CNY customers, give away tokens and more.
The busy Lunar New Year...
Litecoin Releases its Much-Anticipated Fungibility and Scalability Update
1.2.2022
Litecoin (LTC) has released its long-awaited fungibility and scalability upgrade Mimblewimble Extension Block (MWEB) after almost two years of development, testing, and auditing. This is considered one of Litecoin's most significant upgrades to date....
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Luna Jumps as Terra Asks USD 38M From Community to Fund an Undisclosed Sports Partnership
1.2.2022
Terra co-founder Do Kwon has requested TerraUSD (UST) 40m from the community, a decentralized stablecoin running on Ethereum (ETH), in order to fund a Terra Brand partnership with an undisclosed sports franchise describes as "one of the four major American professional sports leagues" – seeing...
Coin Race: Top Winners/Losers of January
1.2.2022
The first month of 2022 is behind us, and as in nature so in the crypto markets – it was cold.
The month of December 2021 saw mostly lower prices for major cryptoassets. For example, bitcoin (BTC) and ethereum (ETH) both went down by close to 20%, which spelled absolute failure of many of...
Meta Says Adios to Diem – But Its Buyer Wants to Launch a Token of its Own
1.2.2022
Meta, the company formerly known as Facebook, is set to wash its hands of its ill-fated Diem stablecoin plans once and for all – but there may yet be a twist in the tale as the firm that will buy the coin’s assets and intellectual property (IP) could yet launch a token of its own.
Silvergate...