Search
Sberbank Analyst’s Editorial Delves Into the ‘Tremendous Potential’ of a BRICS Reserve Currency Fueling De-Dollarization
7.1.2023
During the last month, Russia’s ruble has dropped 16.48% against the U.S. dollar as energy and commodity prices have slowed over the last few weeks. Russia’s central bank revealed two weeks ago that it is further distancing itself from U.S. dollar dependence by purchasing the Chinese yuan...
Dash 2 Trade Crypto Raises More Than $14m as Investors Buy Before Presale Ends, Exchange Listings January 11th
7.1.2023
Crypto signals, bot and analytics platform Dash 2 Trade has raised $14 million days before its first exchange listings on 11th January 2023.
Trading in the D2T token will go live on Gate.io, LBank, BitMart and Uniswap at 10am UTC.
Earlier this week Dash 2 Trade announced that it had secured...
Thai SEC Launches ‘Crypto Academy’ to Help Digital Asset Investors
7.1.2023
The Thai Securities and Exchange Commission (SEC) has launched a crypto academy where investors can learn about digital assets free of charge before investing. “The more you know your investments, the less risk you will have,” the Thai regulator emphasized. Thai SEC’s Crypto...
SEC Charges Team Behind Coindeal Crypto Fraud That Promised 500,000 Times Investment Returns
7.1.2023
The U.S. Securities and Exchange Commission (SEC) has charged the team behind Coindeal, a $45 million fraudulent crypto investment scheme. The regulator explained that the defendants falsely claimed that Coindeal “would generate investment returns of more than 500,000 times...
$3.9 billion lost in the cryptocurrency market in 2022: Report
6.1.2023
The report from Immunefi revealed hacks to have been the main cause of related losses
Report: Confirmation of Silvergate’s $8 Billion Deposit Plunge Sees Stock Price Drop by More Than 40%
6.1.2023
The price of the crypto-focused bank Silvergate Capital’s shares fell by over 40% after it reported a more than $8 billion drop in customer deposits. The share price plunge came just days after U.S. prosecutors reportedly seized collapsed crypto exchange FTX’s accounts held at the bank....
Macroeconomic data points toward intensifying pain for crypto investors in 2023
6.1.2023
Chances of a crypto bull market in 2023 decrease as the Fed maintains a hawkish stance and threats of a recession in the U.S. economy continue to appear
Huobi Layoffs Spark Controversy and Speculation, Justin Sun Claims Everything Is Fine
6.1.2023
The cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports over the past two days. However, Huobi’s advisor Justin Sun, the founder of Tron, told the South China Morning Post that the layoff reports were untrue. A Huobi spokesperson later confirmed...
Huobi net outflows crossed over 60M within the past 24 hours: Report
6.1.2023
According to a report by Nansen, approximately $94.2 million has flowed out of the exchange within the past week
Binance joins association to address compliance with global sanctions
6.1.2023
The crypto exchange has come under scrutiny from policymakers amid multilateral sanctions on Russia and U.S. sanctions on Iran
BUSD Sees $5 Billion Reduction in Supply in 24 Days, Relationship With Turkish Lira Continues
6.1.2023
According to statistics, the stablecoin BUSD saw a significant drop in its supply over the past 30 days, shedding roughly 23.8% from Dec. 5, 2022, to Jan. 6, 2023. Since Dec. 13, 2022, BUSD’s supply has been reduced by more than $5 billion, going from $21.84 billion to its current level...
Crypto Exchange Huobi Experiences Heavy Token Outflows: Nansen
6.1.2023
On-chain data shows that more than $60 million in tokens has left the exchange in the last 24 hours, while stablecoin reserves have dropped 9.5% in a week
Coinbase and ENS partner to provide cb.id usernames for free
6.1.2023
Coinbase and ENS, short for Ethereum Name Service, have entered into a partnership to provide Web3 usernames to its users for free. These usernames are managed by Coinbase. They can be claimed through the desktop or mobile applications by new and existing users. A username, cb.id in this case...
Huobi confirms 20% layoffs, denies insolvency rumors
6.1.2023
Key Huobi execs, including Huobi Group CFO Lily Zheng allegedly left the company a few months ago following the new shareholders’ takeover
Tron Price Sinks 8%, USDD Depegs Amid Drama at Justin Sun-Related Huobi Crypto Exchange
6.1.2023
Community sentiment soured around Huobi, on whose board Sun is an advisor, as it is said to be laying off hundreds of staff in the coming weeks
UPbit just got upgraded: 7 new Fan Tokens listed!
6.1.2023
UPbit, the popular Korean cryptocurrency exchange, recently announced the listing of seven fan tokens. This is the first time the platform has added fan tokens since 2020. Covering 80% of the Korean crypto market share, UPbit has listed these tokens on the platform – $AFC, $ACM, $BAR, $ATM...
Doubts mount over Huobi’s future as harsh layoff rumors denied
6.1.2023
Canceled bonuses, pay disputes, massive layoffs and a communication blackout has been claimed as part of the goings-on at the crypto exchange
Huobi Exchange Token Down 11% on Reports of Layoffs, Internal Strife at Company
6.1.2023
Exchange volume has dropped by 23% as market concern grows around the health of Huobi
SEC Intervenes in Binance US Acquisition of Bankrupt Crypto Lender Voyager Digital’s Assets
6.1.2023
The U.S. Securities and Exchange Commission (SEC) has intervened in the asset purchase agreement between Binance US and bankrupt crypto lender Voyager Digital. The securities regulator explained that it is “formally investigating whether the debtors and others violated the anti-fraud...
Crypto lender Genesis lays off 30% more staff: Report
5.1.2023
Genesis announced in August that it planned to cut its then 260-person workforce by 20%, with CEO Michael Moro moving into an advisory role