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European Union to Put a 10,000-Euro Limit on Cash Payments; Transactions Over €1,000 in Crypto Will Be Scrutinized
10.12.2022
The states of the European Union have convened to establish a new limit on cash purchases and to strengthen the controls on cryptocurrency transactions. On Nov. 6 the bloc agreed to put a limit of €10,000 ($10,557) on cash payments and to exert stronger oversight on crypto transactions of over...
Argentina Organizes National Blockchain Committee to Implement State Level Strategy
10.12.2022
The government of Argentina has designated a national blockchain committee in order to establish the directives for a state-level blockchain adoption strategy. In a document, Argentina remarks on the importance of this tech for the future and presents several use cases that would benefit from...
Bahamian attorneys pursue access to FTX data of international customers
10.12.2022
The Bahamian attorneys filed an emergency motion with a Delaware bankruptcy judge requesting access to FTX’s customer database to aid their ongoing investigations
Meme Coin Economy Heals After the FTX Fiasco Swelling by $1.4 Billion in 30 Days
10.12.2022
The meme coin economy has seen its value increase 7.77% against the U.S. dollar during the last month, as the meme token market leader dogecoin jumped 29.4% higher in 30 days. Dogecoin has also managed to move from the ninth-largest market cap position to the eighth-largest crypto market valuation...
Russia’s Interior Ministry Employs Tool to Identify Crypto Wallet Owners, Track Transactions
10.12.2022
The Russian Ministry of Internal Affairs is now using a digital tool allowing officers to link cryptocurrency wallets to their owners. The software also has a feature facilitating the monitoring of crypto asset transactions, the department told Russian media. Russian Police Brag About New Crypto...
Binance and Crypto.com Publish Proof-of-Reserve Audits Conducted by Global Auditor Mazars Group
10.12.2022
This week two cryptocurrency exchanges provided proof-of-reserves in order to highlight that the trading platforms are backing customer assets 1:1. Binance published its report on Dec. 7, 2022, and detailed the global auditor Mazars Group conducted the audit. On Dec. 9, 2022, the exchange...
Lessons we learned from the Terraform-FTX implosions
10.12.2022
The crises cryptocurrency experienced in 2022 served as a reminder of some classic bits of investing wisdom
Report Shows Crypto News Publication The Block Was Secretly Funded by Bankman-Fried’s Alameda
9.12.2022
On Dec. 9, 2022, Axios reporter Sara Fischer reported on the CEO of the crypto media The Block after it was discovered that the chief executive was secretly funded by Alameda Research, the now-defunct trading firm co-founded by Sam Bankman-Fried. According to the report, sources say The Block...
Data shows the Bitcoin mining bear market has a ways to go
9.12.2022
The 2022 bear market is impacting BTC miners in more extreme ways than previous downturns, especially with so many publicly listed miners struggling with their debt obligations
Best Crypto to Buy Today 9 December – IMPT, TWT, D2T, GRT, RIA
9.12.2022
After Bitcoin's surge of 2.32% from the $16,800 support level yesterday, the cryptocurrency market seemed to regain its footing Friday in the $16,800 to $17,300 range. However, as risk asset markets took a turn downward in the afternoon, crypto markets followed the trend, with Bitcoin losing 0.43%...
Ethereum and Litecoin make a move while Bitcoin price searches for firmer footing
9.12.2022
Bitcoin price aims for support at $17,000, while LTC follows a pre-halving narrative and ETH looks somewhat bullish in its BTC pair
Who’s expected to testify before Congressional hearings on FTX?
9.12.2022
FTX CEO John Ray, actor Ben McKenzie and law professor Hilary Allen have been confirmed, while SBF, Kevin O'Leary, and Alameda CEO Caroline Ellison could still testify
A year after Taproot, Bitcoin community works to unlock its DeFi potential
9.12.2022
Smart contracts functionalities on the Bitcoin network could boost adoption and provide additional liquidity to DeFi
Ethereum’s Shanghai Hard Fork Could Happen in March 2023, ETH Dev Says Staking Withdrawals Is the ‘Highest Priority’
9.12.2022
According to a recent Ethereum Core development meeting on Dec. 8, developers disclosed that the next Ethereum hard fork, called Shanghai, could be implemented by March 2023. It’s been suggested that the Shanghai hard fork will be able to manage the network’s staked ethereum...
US regulator seeks feedback on DeFi’s impact on financial crime: Finance Redefined
9.12.2022
US regulators want to know from the industry on what they think about the financial crimes associated with DeFi
CEO of crypto news site The Block resigns for failing to disclose $27M loans from Alameda Research
9.12.2022
New CEO Bobby Moran said there was no evidence that Mike McCaffrey had "improperly" influenced coverage of Sam Bankman-Fried, FTX, and Alameda Research on the news site
Analysts single out Oryen Network (ORY), Mask Network (MASK), and Fantom (FTM) for the next bull run
9.12.2022
The crypto bear cycle might be coming to a halt across various crypto projects, and one thing is for sure, 2022 has had its ups and downs. Market analysts, through on-chain analysis, single out incredible projects like Oryen, Mask Network, and Fantom for the next bull. Taking the lead is Oryen,...
Ethereum Core Developers Set March 2023 Tentative Deadline for Shanghai Upgrade – This is What You Need to Know
9.12.2022
Ethereum (ETH) core developers are now targeting a March deadline for the highly anticipated Shanghai network upgrade, which will allow staked ETH to be withdrawn.
Speaking in a recent developer call, Ethereum lead developer Tim Beiko said that enabling staking withdrawals is “clearly the highest...
FalconX says exposure to FTX represented 18% of its 'unencumbered cash equivalents'
9.12.2022
According to the crypto brokerage firm, the 18% ratio fell well within its “counterparty exposure limits.”
Price analysis 12/9: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI
9.12.2022
Bitcoin and most major altcoins remain stuck inside a range as traders keep a close eye on next week’s macroeconomic events