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UK gov't introduces bill aimed at empowering authorities' to 'seize, freeze and recover' crypto
22.9.2022
King Charles announced the bill in May to both houses of the U.K. Parliament, saying it was aimed at tackling illicit finance, reducing economic crime and helping businesses grow
Funko Partners With Walmart to Drop DC Digital Collectibles and Physical Twin Counterparts
22.9.2022
Funko has teamed up with the multinational retail corporation Walmart and the American film and entertainment studio Warner Bros. to bring digital collectibles to the retail space, the pop culture collectibles firm announced on Wednesday. According to Funko, the digital collectible offering...
Helium migrates its blockchain to Solana following T-Mobile partnership
22.9.2022
The project's developers cites Solana's ability to improve efficiency as scalability as reasons for the move
Coinbase counters WSJ claim its Risk Solutions group engaged in $100M proprietary trade
22.9.2022
In a blogpost, Coinbase said the WSJ seemed to confuse the nature of a transaction earlier this year made using money raised through a structured note that was later sold
Bitcoin’s 60% year-to-date correction looks bad, but many stocks have dropped by even more
22.9.2022
Legacy investors often say BTC, ETH and altcoin volatility is too high to warrant a sound investment, but many major corporations have seen even larger drawdowns in their stock prices in 2022
Get ready for a swarm of incompetence at the IRS in 2023
22.9.2022
The IRS is hiring 87,000 agents, thanks to President Joe Biden’s 2021 infrastructure package, but they won’t be fully trained for three years
Korean crypto bank partners with Blockdaemon to offer retail staking services
22.9.2022
In January, Delio was granted Virtual Asset Service Providers (VASP) approval by the Korean Financial Intelligence Unit
Is US Bitcoin ATM Operator Going Public With $1 Billion Valuation a Loser?
22.9.2022
Bitcoin Depot is confident that its plan to go public at a $1 billion valuation through a special purpose acquisition company (SPAC) merger deal will be successful.
In an interview with Fortune, Brandon Mintz, CEO of the company that is currently the biggest operator of crypto ATMs globally, said...
Bank of Japan Intervenes in Foreign Exchange Markets After Yen Slips to 24-Year Low
22.9.2022
While the greenback has been rising higher, the Japanese yen tapped a 24-year low and Japan decided to intervene in foreign exchange markets (forex) for the first time since 1998. Reports say the Bank of Japan conducted the first forex intervention in 24 years, after the Japanese central bank kept...
Coinflex plans give 65% of company to creditors as part of restructuring proposal
22.9.2022
Subject to a vote and court approval, the plan proposed CoinFlex creditors own 65% of the company, while its team members be allocated 15% of the company's shares
FOREO’s Flagship Products Launch as NFTs Before Conventional Release, Paving the Way for Skincare Innovation
22.9.2022
PRESS RELEASE. Stockholm, September 22nd: As the world moves into more digital environments, Swedish beauty-tech giant FOREO has taken the initiative to bring a whole new product to audiences everywhere – the beauty NFT. Blockchain technology has allowed FOREO to challenge traditional...
Crypto-Fuelled Gambling Sites Streaming Just Got Banned on Twitch
22.9.2022
Twitch, an interactive live streaming platform popular with gamers, has announced a ban on the sharing referral and promo codes of gambling sites that support placing bets in cryptocurrency.
In a statement shared on Twitter, the U.S.-based company said that the ban which will take effect...
Crypto bug bounty platform Immunefi raises $24M led by Framework Ventures
22.9.2022
The growth of decentralized finance, or DeFi, has made the blockchain industry especially vulnerable to scams and attacks
Total crypto market cap shows strength even after the Merge and Federal Reserve rate hike
22.9.2022
Many of the top-80 cryptocurrencies dropped by 15%+ in the past week, but the Tether premium in Asia-based futures markets shows traders remain calm
Blockchain venture capital funding fell to a 12-month low in August
22.9.2022
The crypto market downturn continues to impact private funding, but one fund is bullish about the future of Web3
‘Investors Are Running out of Havens’ — Erratic Behavior in US Bond Markets Points to Deep Recession, Elevated Sovereign Risk
22.9.2022
Yields on long-dated U.S. Treasuries have been erratic this year and this week, the 10-year Treasury yield crossed 3.5% for the first time in a decade. Following the Fed’s 75bps (basis points) rate hike, 10-year notes reached 3.642% and two-year Treasury notes jumped to a 15-year high...
Fed interest rate hike rattles the crypto market: Dig deeper with Market Talks
22.9.2022
The Federal Reserve has once again increased interest rates by another 75 basis points. Join us as we discuss this and more with Tim Warren, co-host of Coffee N Crypto, and Yashu Gola
South Korean gov has confiscated 260B KWR in crypto for non-payment of taxes since 2021
22.9.2022
The country began seizing crypto to offset tax arrears last year
Algorand Price Prediction: Up 10% to $0.35, Can ALGO Get Back Above $1.00?
22.9.2022
ALGO, the native token for the Algorand blockchain, has marked significant gains over the past few days, despite the bearish crypto market trend. Are these gains merely a consolidation before a further downward push, or could ALGO be ready for a massive bull run?
Over the past week, cryptos have...
Biggest Movers: XRP Hits 4-Month High, ALGO up 17% on Thursday
22.9.2022
XRP moved to a fresh four-month high on Thursday, which comes as volatility in the crypto markets eased, following the latest U.S. Federal Open Market Committee meeting. The token rose past a key hurdle in today’s session, hitting its highest point since May. Algorand was another notable...