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EU bans providing 'high-value crypto-asset services' to Russia
8.4.2022
Prohibiting crypto services was one of three financial measures the European Commission proposed in addition to an import ban on Russian coal
Celer Network & Flow Enter Partnership to Support NFT & Digital Asset Bridging
8.4.2022
Flow recently entered a partnership with Celer Network, a multichain OS (operating system.) The two recently joined hands to support NFT and digital asset bridging to 20+ chains connected to Celer’s cBridge. The integration will establish seamless multichain interoperability between the platforms....
South Korean Intelligence Service Informs Crypto Exchanges About Cyberthreats
8.4.2022
The South Korean state intelligence agency is now providing crypto trading platforms with information about attempts to breach their cybersecurity. The help for the country’s digital asset exchanges comes amid growing threats, local media reported. Intelligence Service Offers Cybersecurity...
Bitcoin treads water at $43.5k as interest rate concerns weigh heavily on global asset prices
7.4.2022
Bitcoin price consolidates near $43,500 as analysts predict a possible breakout to $50,000 if support can hold above $43,100
Treasury Secretary hints at regulatory framework to address potential risks in digital asset markets
7.4.2022
"Digital asset exchanges and other digital native intermediaries — they should be subject to appropriate forms of oversight,” said Janet Yellen
Indian Parliament Member Insists Crypto Is Like Gambling — Wants to Tax at 50%
7.4.2022
An Indian parliament member says crypto is like gambling and must be taxed at a very high rate, such as 50%. “We need to discourage and disincentivize” trading and investing in the asset class, he stressed. Indian Parliament Member Wants to Tax Crypto at 50% Indian parliament member...
Sushi and Synthetix get the boot in Grayscale DeFi fund rebalancing
7.4.2022
Crypto asset management firm Grayscale has added three new crypto assets to its funds and has kicked SushiSwap and Synthetix from its DeFi Fund following its first quarterly rebalance
Blockchain.com Teams With Altis Partners on Asset Management Platform
6.4.2022
Blockchain.com launches asset management for institutional investors
6.4.2022
The new service is reportedly named BCAM and will serve institutions, family offices and high-net-worth individuals
Ardor’s v.2.4.0e Testnet Update Incorporates New Features in the Decentralized Asset Exchange
6.4.2022
Blockchain-as-a-service (BaaS) platform Ardor has launched the v.2.4.0e upgrade for its existing Ardor 2.0 testnet version. To roll out this upgrade, the Ardor team completed the testnet hard fork for block 9800000 on March 20, 2022. According to the official unveiling on Twitter, the v.2.4.0e...
EverLend, First Lending Protocol on Everscale Network, Kicks off Operations With Successful LEND Token Launch
6.4.2022
EverLend.app is a secured lending protocol powered by Everscale. The platform was successfully launched on the 18th of March, 2022 together with its own utility token. The platform facilitates DeFi lending by hosting funding pools with interest rates based on Everscale’s asset supply...
Trends Study Says Dogecoin Is the Most Googled Cryptocurrency in the US
5.4.2022
According to a recent study analyzing Google Trends data, the cryptocurrency dogecoin’s search volume in the United States was highest in the most states as compared to other cryptos. The research also details that the leading crypto asset in terms of market capitalization, bitcoin, was...
Abra Targets High-Net-Worth Clients With New Asset Management Division
5.4.2022
The newly formed Abra Capital Management will require a minimum investment of $250,000
Singapore Tightens Crypto Rules with New Law on Licenses for Virtual Asset Firms
5.4.2022
In a bid to enforce tightened rules for crypto businesses, Singapore’s unicameral parliament has passed a law that will oblige virtual asset service providers (VASPs) to apply for licenses.
The latest development extends the country’s regulations on anti-money laundering and countering...
Colombian Tax Authority Warns About Consequences of Not Declaring Crypto Related Taxes
3.4.2022
The Colombian tax authority, DIAN, has reminded taxpayers that they need to start registering cryptocurrencies in their statements starting this year. The director of the DIAN, Lisandro Junco, reminded cryptocurrency users that this kind of asset is taxed as any other asset held by citizens....
Vaneck Report Calculates Bitcoin Price Could Tap $4.8M if BTC Becomes the Global Reserve Currency
2.4.2022
On Thursday, the investment firm Vaneck published a blog post that calculates how much gold or bitcoin would be worth if the two assets became global reserve assets. Vaneck’s report explained that the investment team “attempted to quantify the emergence of new gold or bitcoin-backed...
LBank Exchange Will List Lilly Finance (LY) on April 2, 2022
1.4.2022
PRESS RELEASE. INTERNET CITY, DUBAI, April 1, 2022 – LBank Exchange, a global digital asset trading platform, will list Lilly Finance (LY) on April 2, 2022. For all users of LBank Exchange, the LY/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on April 2, 2022. Inspired...
Japan Considers Stricter Crypto Regulations in Light of Russia Sanctions
1.4.2022
Authorities in Japan are planning to introduce tougher new rules for crypto operators as part of efforts to prevent Russia from using cryptocurrencies to evade sanctions. The legislative initiative comes after Tokyo asked digital asset exchanges to strengthen transactions monitoring this month....
Circle Chooses BNY Mellon to Custody USDC Reserves
1.4.2022
Boston-based Circle Internet Financial has announced the company has selected BNY Mellon to custody the firm’s usd coin (USDC) reserves. The company’s dollar-pegged crypto asset is currently the second-largest stablecoin with a current market capitalization of $51.6 billion....
VanEck says Bitcoin could hit $4.8M if it became the global reserve asset
1.4.2022
The investment firm made very high valuation for BTC and gold based on the extreme case that either becomes the reserve global currency