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Moonvember kicks off with sweeping staff layoffs across crypto
4.11.2022
There are still pockets of hope however, with some companies looking to expand despite the market conditions
'Everything is fine' — Gala Games calls for calm after fears of multi-billion dollar hack
4.11.2022
Gala Games said the unusual activity of its pGALA token was actually part of efforts to safeguard it from potential attack
Bitcoin Price and Ethereum Prediction – Here's Why the US NFP Could Boost BTC by 10% Today
4.11.2022
On November 4, the Bitcoin price is consolidating in a narrow trading range of $20,000 to $20,400, ahead of the US non-farm payrolls and unemployment rate. Similarly, the price of Ethereum is stable, fluctuating between profits and losses near $1,548 as investors wait for the big event before...
Swiss Financial Watchdog Releases Revised AML Ordinance, Clarifies Crypto Requirements
4.11.2022
The Swiss financial regulator has published its updated anti-money laundering (AML) ordinance, noting it’s extending the coverage to include blockchain trading platforms. It also clarified certain reporting and identification requirements that apply to crypto transactions. Financial Authorities...
NFTs still in ‘great demand’ as unique traders rise 18% in Oct: DappRadar
4.11.2022
A DappRadar report found that despite a fall in NFT trading volumes and sales counts throughout October, monthly unique traders increased
Brokers speak of flat metrics in monthly turnover
4.11.2022
Because enormous amounts of incentives are being dished out frequently to all of the interactive brokers involved in trading practices, one would imagine a very conducive scenario. However, unfortunately, that is not what the case is all about at present. LLC (NASDAQ: IBKR) was responsible...
You have our swords: 12 independent entities pledge legal support for Ripple
4.11.2022
The evidence is mounting as “friends of the court” line up in support of Ripple Labs
JPMorgan, DBS Bank, SBI Complete Live Defi Trades on Public Blockchain
4.11.2022
JPMorgan, DBS Bank, and SBI Digital Asset Holdings have completed their first lives trades on a public blockchain using decentralized finance (defi), tokenized deposits, and verifiable credentials under the supervision of the Monetary Authority of Singapore (MAS). Singapore’s central bank...
Coinbase transaction revenues plummet 44% as users activity declines in Q3
4.11.2022
While poor market conditions have resulted in revenues falling for the crypto exchange in Q3, its effort to reduce expenses has led to some streamlining
South Korean prosecutors accuse Do Kwon of manipulating Terra's price
4.11.2022
Prosecutors have reportedly secured a "messenger conversation" in which Kwon ordered an employee to manipulate Terra's market price
US Lawmakers Accuse Gary Gensler of ‘Hypocritical Mismanagement of SEC’ — Say the Chairman ‘Refuses to Practice What He Preaches’
4.11.2022
Four congressmen have accused the U.S. Securities and Exchange Commission (SEC) under Chairman Gary Gensler of “regulatory hypocrisy and inconsistency.” They added: “While the SEC is failing to comply with federal transparency and record-keeping laws, the SEC is aggressively...
Canada to examine crypto, stablecoins, and CBDCs in new budget
4.11.2022
Canada’s government stated its concerns on the risks digital assets and the digitalization of money may pose to its financial system as a reason for launching the consultation
Binance CEO Sees No Threat to Crypto From Central Bank Digital Currencies — Says CBDCs Will Validate Blockchain Concept
4.11.2022
The CEO of cryptocurrency exchange Binance does not see central bank digital currencies (CBDCs) as a threat to cryptocurrencies, like bitcoin and ether. “It will validate the blockchain concept so that anybody who still has concerns about the technology will say: ‘Ok, our government...
Digital asset platform Bakkt set to acquire Apex Crypto for $200M
3.11.2022
The company said this acquisition is expected to diversify and bolster Bakkt’s revenue as it scales its offerings
Former Fed Chair Alan Greenspan Says Decreasing Supply of Greenbacks Makes the US Dollar a ‘Better Store of Value’
3.11.2022
On Nov. 2, 2022, the American economist and 13th chairman of the U.S. Federal Reserve, Alan Greenspan, published an opinion editorial that says he envisions a monetary “tailwind” for the U.S. dollar next year. Greenspan expects this to happen even if the Fed decides to pivot its restrictive...
Developers need to stop crypto hackers — or face regulation in 2023
3.11.2022
One report indicated that more than $2.5 billion in crypto was lost to cross-chain bridge hacks over the last two years alone
Quebec's energy manager to seek government approval to stop powering crypto miners
3.11.2022
Energy provider Hydro-Québec cited the high energy demands anticipated in the Canadian winter in its reasons to reallocate 270 megawatts from crypto mining firms
UBS AG launches digital bond settled on blockchain and traditional exchanges
3.11.2022
With atomic settlement technology, the company said its digital bond settles through the SIX Digital Exchange (SDX), not requiring a central clearing counterparty
Traditional firms likely won't be leading the charge in the next generation of Web3 games — WAX CEO
3.11.2022
“I actually think the first big games that have multimillion persistent users daily — those will come from new startup studios," said William Quigley
Santander UK limits crypto transactions for its customers
3.11.2022
Users will be restricted to a £1,000 limit per transaction, and a total limit of £3,000 a month