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Chinese Banks ‘Educate’ the Public on the Pitfalls of Crypto


  Provincial branches of China’s biggest commercial banks have begun “educating” the general public on the dangers of crypto and money-laundering – but it appears that the message that crypto and mining is “bad” isn’t getting through to some public officials.... Read More: Chinese Banks ‘Educate’...

Bitcoin and Ethereum Consolidate, SOL and AVAX Rally


Bitcoin price is attempting a recovery wave above the USD 47,500 level. BTC even surpassed the USD 48,000 level. It is currently (11:30 UTC) consolidating, and it could rally if there is a clear move above the USD 48,500 level.... Read More: Bitcoin and Ethereum Consolidate, SOL and AVAX Rally

Crypto Trades Expected to Become Reportable by Platforms In 3 Years - Survey


  Cryptoasset trades are expected to be subject to official reporting requirements as soon as within three years, with the United States likely being the first country to introduce such regulations on trading platforms, a new survey conducted by business analytics firm IHS Markit in October this...

Dogecoin Sees Massive Rally as Tesla & Elon Musk Embrace it For Payments


  Dogecoin (DOGE) saw a sharp rally in the market today, after Tesla's CEO Elon Musk said his company “will make some merch buyable” with the meme coin. The surprising statement was published on Twitter by Elon Musk Tuesday morning, causing an immediate surge higher in the price of DOGE.... Read...

Hacked Vulcan Forged Says It Has Refunded 'the Majority' of Affected Users


  The hacked play-to-earn non-fungible token (NFT) platform Vulcan Forged, which offers over six blockchain games, a decentralized exchange (DEX), and an NFT marketplace, said it has refunded the majority of affected users from its treasury. The platform fell victim to a hack on Monday and lost...

Crypto Listing and Delisting Announcements: Week 50


  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. ...

Myanmar’s Exiled Government Embraces Tether To Combat Military Regime


  Myanmar’s shadow government has recognized tether (USDT) as its official currency - with plans to use the stablecoin to collect funds for a campaign against the country’s military junta. ... Read More: Myanmar’s Exiled Government Embraces Tether To Combat Military Regime

Crypto Market Sentiment Drops Again, Bitcoin Out of Positive Zone


  After hovering above the border between the scores of 4 and 5 for about a month, the market sentiment dropped below 5 over the past week. The average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets stands today at 4.96, while a week ago it stood at 5.18...

SUSHI Jumps 10% as New Takeover Proposal is Met with Mixed Reactions


  The price of SUSHI, the governance token of the SushiSwap decentralized exchange, appreciated on Monday after a new proposal for the restructuring of the Sushi Decentralized Autonomous Organization (DAO) emerged. At 13:02 UTC on Monday, SUSHI traded at USD 6.05, up 10.6% over the past 24 hours...

Solana Falls After Slowdown in Transaction Speeds, Attack Accusations


  The Solana network’s native token SOL fell in the crypto market today after concerns had been expressed related to an unexplained slowdown in transaction processing speeds on the network, and suggestions by some that it could be related to an attack on the network. At 11:13 UTC, SOL traded...

Meta Tests Stablecoin Transfers via WhatsApp


  The Novi digital wallet, created by the social media giant Meta (formerly Facebook), will allow its users to send and receive stablecoin via its popular messaging app, WhatsApp. This news has been shared today by the Head of Novi Stephane Kasriel, who said in a tweet that the company is working...

Central Banks Test CBDC as 'Multiple Assets and Currencies' Coming For Them


  Competing systems for settlement of “multiple assets and currencies” may emerge, and it is the job of central banks to ensure the maintenance of “equitable access” to central bank-issued money, a new report from the Bank for International Settlements (BIS) has said.... Read More: Central Banks...

Japanese Regulator Eyes Stablecoin, Wallet Provider Regulations in 2022


  Japan’s top financial regulator will block firms outside the world of conventional finance from issuing fiat-pegged stablecoins, a leading media outlet has claimed. Per reports in both Japanese and English from Nikkei, the Financial Services Agency (FSA), the government organ that oversees...

BitTorrent Token Surges as Mainnet Launch Date Gets Confirmed


  The file sharing token bittorrent (BTT) surged higher in the crypto market today, following the news that the mainnet of its own BitTorrent Chain will be launched on December 12, along with a redenomination of all circulating tokens.... Read More: BitTorrent Token Surges as Mainnet Launch Date...

Crypto Listing and Delisting Announcements: Week 49


  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 Down for Third Week in a Row


  Crypto market sentiment dropped for the third week in a row, now standing quite close to the bottom line of the 5-6 range. The average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets is 5.18 today, whereas it was 5.22 a week ago, according to data provided...

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