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AMP Dives as Binance.US Unveils Its Delisting Following the SEC Claim that It is a Security
2.8.2022
AMP, the native token of the Amp blockchain, has extended losses following news that Binance.US, the US arm of major crypto exchange Binance, would delist the coin due to the Securities and Exchange Commission (SEC)'s claim that it is a security.
At 13:02 UTC, AMP is trading at USD 0.00812, down...
NY Attorney General’s Office Asks Crypto Whistleblowers to Provide It with Tip-offs
2.8.2022
In the US, New York’s Attorney General says she wants Big Apple-based crypto industry workers and investors to come forward with complaints about unscrupulous crypto firms....
Read More: NY Attorney General’s Office Asks Crypto Whistleblowers to Provide It with Tip-offs
SEC Charges 11 People over USD 300M Crypto 'Pyramid Scheme'
2.8.2022
The US Securities and Exchange Commission (SEC) has charged 11 individuals for their roles in an alleged crypto pyramid and Ponzi scheme that raised over USD 300m from millions of investors worldwide, including in the United States....
Read More: SEC Charges 11 People over USD 300M Crypto 'Pyramid...
Fundraising Leaders North Americans are 'Most Likely to Write Rules of Metaverse' – CoinShares
30.7.2022
Although the concept of the metaverse is still nascent, it is the Americans who are the most likely to write the rules in the space - as they're the leaders in terms of fundraising, suggests a recent report by Max Shannon, Digital Asset Analyst at the crypto investment and research firm...
Is the US in Recession? Depends on Whom You Ask
29.7.2022
D. Brian Blank, Assistant Professor of Finance, Mississippi State University._______
The US economy shrank at an annual rate 0.9% from April through June, the Bureau of Economic Analysis estimated on July 28, 2022. It follows a contraction in gross domestic product of 1.6% recorded in the first...
Three Arrows 'Mess' & Babel's Losses, Ethereum's Testnet, Bitcoin's Defense, NFT ETF Zone + More News
29.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: Three Arrows 'Mess' & Babel's Losses, Ethereum's Testnet, Bitcoin's Defense, NFT ETF Zone + More News
Bad News is Good News: Bitcoin Plays With USD 24K as Traders Speculate on Fed Pivot and US Recession
29.7.2022
The price of bitcoin (BTC) traded above USD 24,000 on Friday morning (UTC), reaching its highest in nearly 7 weeks, after news that the US has entered what many consider a technical recession, as well as speculations that the US Federal Reserve (Fed) will soon turn from aggressive tightening...
US Government Bodies Blast Voyager’s 'False and Misleading Statements' On Deposit Insurance
29.7.2022
In another sign of dark clouds gathering over troubled crypto platform Voyager Digital, the US Federal Deposit Insurance Corporation (FDIC) and the board of the Federal Reserve (Fed), America’s central bank, have issued a joint letter in which they demand that the company cease and desist from...
Foundry Digital Launches Logistics Arm to Advance Standards in the Cryptocurrency Mining Industry
28.7.2022
On Thursday, Foundry Digital LLC, the mining company and subsidiary of Digital Currency Group (DCG), announced the launch of Foundry Logistics in order to advance standards in the cryptocurrency mining industry. The newly launched arm of the company plans to “bridge the gap between hardware...
Solana Team Set to Open Doors of a Physical Store in New York to Promote Solana and Web3
28.7.2022
The team behind open-source blockchain Solana (SOL) is readying to open its physical store in New York City, USA, to the public, in a bid to promote the Solana blockchain and Web3 at large.
The store, dubbed Solana Spaces, is located at a mall in Hudson Yards and was launched in collaboration with...
US GPD Slips Again, Another DeFi Protocol Attacked, Zipmex Seeks Protection + More News
28.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...
Read More: US GPD Slips Again, Another DeFi Protocol Attacked, Zipmex Seeks Protection + More News
Zuckerberg Braces for Battle with Apple over Metaverse as Regulator Warns about Meta’s 'Virtual Empire'
28.7.2022
Facebook’s parent company Meta and tech giant Apple are locked in a “very deep, philosophical competition” to build the metaverse, with each business trying to determine “what direction the internet should go in,” the social media platform’s founder and CEO Mark Zuckerberg reportedly said....
Global Economic Growth Slows Amid Gloomy and More Uncertain Outlook
28.7.2022
Pierre-Olivier Gourinchas is the Economic Counsellor and the Director of Research of the International Monetary Fund (IMF).
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The world’s three largest economies are stalling, with important consequences for the global outlook. Inflation is a major concern....
Read More: Global Economic...
US Fed Fires Another 75 Basis Points Rate Hike at Record Inflation
27.7.2022
The US Federal Reserve (Fed) has hiked interest rates by 75-basis points, to the interval 2.25 to 2.5%, in line with what most analysts expected. (This is a developing story and is being constantly updated.)...
Read More: US Fed Fires Another 75 Basis Points Rate Hike at Record Inflation
Kraken Under Investigation, Unstoppable Crypto Unicorn, Coub.com Goes NFT + More News
27.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: Kraken Under Investigation, Unstoppable Crypto Unicorn, Coub.com Goes NFT + More News
The Blow-up of 3AC - LTCM Without the Nobel Economists
26.7.2022
Benjamin Dean is the Director of Digital Assets at investment company WisdomTree in Europe.
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Read More: The Blow-up of 3AC - LTCM Without the Nobel Economists
World Economic Outlook, Crypto Tax Exemption, Cryptojacking Rising + More News
26.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: World Economic Outlook, Crypto Tax Exemption, Cryptojacking Rising + More News
Binance CEO Sues Bloomberg's Partner Over 'Shitcoin Casino' Article
26.7.2022
Changpeng 'CZ' Zhao, CEO of crypto exchange Binance, seems to be very unhappy with his portrayal by a major media outlet, as he is willing to go to court to fight against it. Zhao has sued the Hong Kong publisher of Bloomberg Businessweek after a Chinese language version of an article allegedly...
Coinbase Refutes Claims That it Lists Securities as SEC Kicks Off Investigation
26.7.2022
Major crypto exchange Coinbase has denied allegations that it lists securities on its platform after the US Securities and Exchange Commission (SEC) embarked on an investigation over the listing of digital assets that should have been registered as securities....
Read More: Coinbase Refutes Claims...
Crypto Investor Tips Waitress USD 3K To 'Give Back To Community'
26.7.2022
In an unexpected sign of generosity by a customer, a waitress in Pennsylvania, USA, Mariana Lambert, pocketed a tip of some USD 3,000 on a USD 13.25 restaurant order from an out-of-town customer who said he was involved in crypto.
Zachary Jacobson, a manager at Alfredo’s Cafe who was at...