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Dogecoin Co-creator’s Anti-Crypto Twitter Rant Met with Scepticism
15.7.2021
The man who created dogecoin (DOGE) has embarked on a Twitter tirade about the crypto industry, branding the sector “an inherently right-wing, hyper-capitalistic technology.”
Jackson Palmer co-founded DOGE in 2013 with his former business partner Billy Markus, before walking away from the token...
Police Reveal More Details About ‘USD 60M’ Crypto ‘Scam’
15.7.2021
Further details are emerging about an alleged Japanese crypto scam that may have sucked in between 15,000 and 20,000 mainly middle-aged investors.
As reported, police in Aichi Prefecture are continuing to investigate a company named OZ Project after officers arrested four men, believed to be...
ECB Starts Digital Euro Project With Two-Year Investigation
14.7.2021
The European Central Bank (ECB) has just announced that Eurosystem has formally launched its central bank digital currency (CBDC) project to prepare "for the possible issuance of a digital euro."
The Governing Council of the ECB has decided today to launch the investigation phase of...
What Is This Uniswap Governance Drama About?
14.7.2021
The Uniswap logo. Major decentralized exchange (DEX) Uniswap (UNI) has been swept into a controversial story since yesterday, as a decentralized finance (DeFi) education-focused fund abruptly sold off half of the assets allocated to it by Uniswap governance - raising a number of questions...
Bitcoin, Ethereum and Altcoins Consolidate Losses
14.7.2021
Bitcoin price extended its decline below the USD 32,000 support zone. BTC tested USD 31,500 before recovering higher. It is currently (12:11 UTC) consolidating above USD 32,000, but it might face hurdles near USD 33,000 and USD 33,200.
Similarly, most major altcoins are consolidating losses. ETH...
Bank Manager Gut Feeling Helps Her Thwart Crypto Scammers
14.7.2021
The South Korean commercial bank Nonghyup Bank (NH) has claimed that a member of its staff’s quick thinking helped prevent a major instance of crypto fraud.
Per the media outlet News1, the bank explained that Oh Ji-jung (40), a manager of an NH branch in the sub-tropical island province of Jeju...
Crypto Listing and Delisting Announcements: Week 28
12.7.2021
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...
Fidelity In Hiring Spree As Investors Eye Cryptoassets Beyond Bitcoin
12.7.2021
Source: Fidelity, Instagram
Fidelity Digital Assets (FDA), a crypto-focused arm of US-based mutual fund giant Fidelity Investments, aims to add about 100 workers, increasing its headcount by around 70%, as institutional investors are increasingly interested in cryptoassets beyond bitcoin (BTC)....
Crypto Market Sentiment Goes Up Again, Led by Uniswap and Ethereum
12.7.2021
We're seeing a rise in the market sentiment for the second week in a row now. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins went from 4.87 recorded a week ago to 5.03 recorded this week, according to the data provided by the market sentiment analysis service...
Tech Titans Kakao, Naver and SK in Battle to Test South Korean CBDC
12.7.2021
Some of South Korea’s biggest tech and telecommunications giants will duke it out for the right to pilot the central Bank of Korea (BOK)’s forthcoming digital won.
Per KBS and Chosun, the bidding process has become a “three-way battle” between the search engine and chat app operator Naver, the chat...
S Korean Banks to Probe Exchanges’ Privacy Coin Policies in Risk Checks
10.7.2021
South Korean banks are set to take into account crypto exchanges’ privacy coin policies, the nationality of their customers, and the criminal history of employees, classing these as “high priority” items when conducting risk assessment checks on whether to partner with trading platforms.
As...
CBDC Shilling and Bitcoin Bashing Might Reach the G20 Level
9.7.2021
With a rising number of central bank digital currency (CBDC) projects underway across the world, central banks have increasingly started criticizing decentralized cryptocurrencies, such as bitcoin (BTC). And now, these efforts might become more coordinated, as central banks are calling for more...
USDC Issuer Circle To Debut On NYSE
8.7.2021
Jeremy Allaire. Source: a video screenshot, Youtube, IMF
US-based Circle, the issuer of the second-most popular stablecoin, USD Coin (USDC), said it will go public on the New York Stock Exchange (NYSE) under the symbol “CRCL”.
The company said it will go public through a combination with Concord...
Bitcoin Plays With USD 35K, Ethereum and Altcoins Climb
7.7.2021
Bitcoin price settled above the USD 34,000 pivot level. BTC seems to be forming a base above USD 34,000 and it could gain pace if it clears USD 35,000. It is currently (12:15 UTC) showing positive signs and it might remain well bid above USD 33,500.
Besides, most major altcoins are gaining bullish...
Prosecutors Indict Bithumb Owner on USD 88M Fraud Charges
7.7.2021
The majority owner of the South Korea crypto exchange giant Bithumb, Lee Jung-hoon, has been indicted on a USD 88m fraud wrap over a failed altcoin token listing controversy – and could also face a civil case from investors in Hong Kong.
Per Yonhap, domestic prosecutors have decided to press ahead...
BNB Rallies While Binance CEO Bows To Regulators Amid Another Setback
7.7.2021
Source: a video screenshot, Youtube, Blockchains for Sustainable Development
Binance coin (BNB) is rallying despite a fresh blow for the Binance crypto exchange after it was forced to “temporarily suspend” payments from the EU-operated Single Euro Payments Area (SEPA) network. Also, the Binance...
IOTA's African Pilot Moves From Flowers to Tea, Fish, and Textile
6.7.2021
After a pilot project, Trademark East Africa (TMEA) said it has extended its contract with the IOTA Foundation and aims to expand testing of IOTA (MIOTA)'s technology into more trade lanes, such as tea export to the UK, fish to Belgium, and textiles to the US.
TMEA, which is building...
Crypto Listing and Delisting Announcements: Week 27
5.7.2021
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...
Crypto Market Sentiment Finally Sees a Rise, Led by Cardano
5.7.2021
After weeks of drops, there is finally an improvement in the market sentiment. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins went up to 4.87, compared to 4.46 seen a week ago, according to the data provided by the market sentiment analysis service Omenics....
Ex-Cryptopia Staffer Admits To Stealing USD 176K In Crypto
5.7.2021
In another round of controversies surrounding New Zealand’s collapsed crypto exchange Cryptopia, a former staffer has admitted to stealing customer data and close to NZD 250,000 (USD 176,000) worth of crypto from the platform where he was previously employed.
The unidentified man appeared in...