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Singapore Implements New Crypto Regulations Targeting Custody, Lending, Staking
4.7.2023
Singapore has implemented new regulations for crypto service providers in a bid to enhance investor protection and maintain market integrity within the cryptocurrency industry. The Monetary Authority of Singapore (MAS) will also restrict lending and staking activities facilitated by crypto service...
Nasdaq Resubmits Blackrock Spot Bitcoin ETF Application, Inks Agreement With Coinbase for Surveillance-Sharing
4.7.2023
After the four firms that filed for spot bitcoin exchange-traded funds (ETFs) resubmitted their applications with the U.S. Securities and Exchange Commission (SEC), the asset manager Blackrock followed suit with an amended application. Similar to Cboe’s refiling of registrations from...
Cboe Resubmits Spot Bitcoin ETF Filings With Coinbase as Surveillance-Sharing Partner Amid SEC Dissatisfaction
1.7.2023
In response to reports suggesting that the recent wave of spot bitcoin exchange-traded funds (ETFs) filed in recent weeks did not meet the U.S. Securities and Exchange Commission’s (SEC) standards, the Chicago Board Options Exchange (Cboe) has resubmitted four 19b-4 filings for these ETFs....
Staked ETH reaches 20M milestone, DigiToads sees an influx of new investors
1.7.2023
Ethereum is one of the most demanded and traded cryptocurrencies of all time. In 2022, the Ethereum blockchain comprised more than half of the global decentralized finance (DeFi) market. It recently achieved another milestone after the number of staked ETH tokens crossed 20 million. Another...
Investor Enthusiasm for Coinbase Shares May Prove Short-Lived: Berenberg
30.6.2023
The crypto exchange is faced with several risks that could trigger a reversal of the stock’s recent gains, the report said
Binance’s Institutional Clients Remain Optimistic on Crypto Amid Tough Market
30.6.2023
63.5% of respondents said they are positive on the outlook of crypto for the next year and 88% said they are optimistic for the next decade, according to a recent survey by the exchange
All VCs investing in AI, InQubeta & Ocean Protocol are seeing a surge in investor interest
28.6.2023
The InQubeta (QUBE) presale has generated so much buzz that even venture capitalists are buying up sizable holdings, as many are eager to attach themselves to what appears to be the next major technological breakthrough: artificial intelligence (AI). Ocean Protocol (OCEAN) has also seen a surge...
Nevada’s Financial Watchdog Seeks Receivership of Crypto Custodian Prime Trust Amidst Insolvency Concerns
28.6.2023
In a recent submission to the Eighth Judicial District Court in Las Vegas, the Nevada Financial Institutions Division has expressed its intention to take decisive action against the crypto custodian Prime Trust. The regulatory body seeks to not only shut down Prime Trust but also swiftly seize...
Crypto Bankruptcy Investor Ouroboros Eyes Smaller Claims
27.6.2023
The platform automates the due diligence process for buying cryptocurrency bankruptcy claims in firms like FTX or Celsius, providing previously missing liquidity for creditors owed around $50,000
First Mover Asia: Bitcoin Opens the Week Above $30K Amid Rising Investor Optimism
26.6.2023
ALSO: Ripple Asia's policy lead praises Japan’s crypto laws that favor consumer protection. Rahul Advani said that the country has created "a very clear taxonomy for digital assets."
Study: Crypto Adoption More Significant in Poorer African Countries
23.6.2023
While as much as 66% of surveyed African residents claimed to have been exposed to digital assets like bitcoin, about 82% of respondents said they have never owned crypto. The findings of the survey study suggest that the adoption of crypto is more significant in poorer African countries than...
Pepe Surges Amidst Meme Coin Market Gains; Whales Accumulated Significant PEPE During Price Dip
22.6.2023
While the crypto economy has reached a value of $1.2 trillion, meme coin markets have experienced substantial gains this week, with the top five meme tokens recording both 24-hour and seven-day gains. According to recent data, pepe is leading the pack with a 34% increase in the last 24 hours and...
Balaji Srinivasan Highlights De-Dollarization Past of Biden’s Top Economist
22.6.2023
Former Chief Tech Officer at Coinbase, Balaji Srinivasan, took to Twitter to remind his followers about Jared Bernstein’s earlier stance on de-dollarization. The angel investor sees logic in views that the new White House top economist has now abandoned, on the U.S. dollar’s status as a global...
Billionaire Mark Cuban Offers Suggestions on How SEC Should Regulate Crypto
21.6.2023
Billionaire investor Mark Cuban, a Shark Tank star and owner of the NBA team Dallas Mavericks, has provided some suggestions on how the U.S. Securities and Exchange Commission (SEC) should regulate the crypto industry, including how the regulator should handle multi-function crypto tokens....
The Evolution of Investor Portfolios with Rollman Mining: Embracing Cryptocurrencies for Optimal Diversification
20.6.2023
PRESS RELEASE. Tallinn, 20th June 2023 – Rollman Mining, as the financial landscape continues to evolve, investor portfolios must adapt to changing times. The rise of cryptocurrencies has captured the attention of financial experts and media outlets who suggest that allocating a portion...
Coinex Settles With NY Attorney General, Pays $1.7M in Penalties; Announces Exit from US Market
16.6.2023
According to a press release issued on June 15 by the Office of the New York State Attorney General, the cryptocurrency exchange Coinex has reached a settlement with Letitia James, the chief law enforcement officer. The attorney general stated that Coinex will pay $1.7 million in penalties...
Mick Mulvaney-Linked Astra Protocol Faces Investor Backlash Over ‘Severely Deficient Communication’
15.6.2023
Astra Protocol, provider of Web3 compliance solutions, previously had a dispute with investor Republic Crypto over an alleged token sale
Etoro to Delist ALGO, MANA, DASH, and MATIC for US Customers Amid ‘Evolving Regulatory Landscape’
13.6.2023
The social trading and investment company Etoro declared on Monday that starting July 12, 2023, U.S. customers would be unable to initiate new trades for ALGO, MANA, DASH, and MATIC. The company cited the “rapidly evolving regulatory landscape” as the reason behind the delistings....
Crypto fund outflows reach $417M over 8 weeks as investor caution persists
12.6.2023
According to CoinShares, digital asset investment product outflows amounted to $88 million last week
SEC Chair Gensler Rebuts Claims Crypto Exchanges Lacked ‘Fair Notice,’ Affirms ‘Majority’ of Tokens Are Securities
9.6.2023
U.S. Securities and Exchange Commission Chair Gary Gensler discussed crypto exchanges and digital currencies at the Piper Sandler Global Exchange & Fintech Conference. He insisted that there is “nothing about the crypto securities markets that suggests that investors and issuers...