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Spanish Crypto Exchange Bit2me to Rescue 2gether Customers After Account Block
16.7.2022
Bit2me, a Spanish cryptocurrency exchange, is looking to absorb customers of 2gether, another Spanish exchange, after the company blocked access to its trading platform. Bit2me will pay the €20 fee that 2gether imposed on its customers to continue trading on its platform. The customers will...
Give Us Our Money Back: The Issue With Custodial Wallets and the Implications of Halting Withdrawals on Crypto's Reputation
16.7.2022
Julian Liniger is the co-founder and CEO of Relai, a bitcoin-only exchange founded in Switzerland in 2020.
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Having been involved in the crypto and bitcoin (BTC) space for more than five years, I’ve seen how the ups and downs of the market have become the norm.
But recently, things have...
DeFi’s downturn deepens, but protocols with revenue and fee sharing could thrive
15.7.2022
It’s too early to know if DeFi is “dead,” but platforms that share revenue with liquidity providers and token holders could be the ones that survive the bear market
Uniswap price risks 45% crash by September despite Robinhood listing
15.7.2022
Robinhood listing brought UNI some of its recent gains but it doesn't guarantee an extended bull run
Bitcoin ETFs and Open Interest From BTC Futures, Options Follow Crypto Economy’s Spot Market Decline
15.7.2022
Roughly 247 days ago, the total bitcoin futures open interest across 12 different cryptocurrency derivatives trading platforms was $26.73 billion and over the last eight months, bitcoin futures open interest has dropped 60% down to $10.69 billion. Further, the bitcoin exchange-traded funds BITO...
Putin Signs Law Prohibiting Payments With Digital Assets in Russia
15.7.2022
President Vladimir Putin of Russia has signed into law a bill banning payments with digital financial assets. The legislation obliges exchange operators to refuse to process transactions facilitating the use of DFAs, a legal category currently covering cryptocurrencies, as “monetary...
Mixers Receiving ‘More Cryptocurrency than Ever in 2022’ - Chainalysis
15.7.2022
Crypto mixers – services that exist to increase the anonymity of crypto users – are more popular than ever, while illicit addresses account for 23% of funds sent to mixers so far this year, a new report from blockchain intelligence firm Chainalysis has found.
The 23% number for these seven months...
Spanish Crypto Exchange Bitbase Expands to Latam
15.7.2022
Bitbase, a Spanish cryptocurrency exchange and crypto ATM operator, has announced its expansion to Latam with the establishment of a store in Paraguay. The company, which had previously opened a store in Portugal, is now bringing its operations to several locations in Paraguay, having its sights...
Prosecution ‘Investigating Still-Extant South Korean Terraform Subsidiary’, Exchanges Make Self-regulation Proposal
15.7.2022
South Korean prosecutors have reportedly uncovered evidence of an obscure Terraform Labs subsidiary that appears to exist only “on paper.”
Terraform, the company behind the LUNAC token, the UST stablecoin, and the new LUNA coin, shuttered its South Korean businesses back in April. But per...
Eyeing the Long-term, Gate.io Accelerates its Global Strategy
15.7.2022
Recently, there has been news of layoffs and hiring freezes across the crypto industry. Some of the most prominent exchanges have reduced their headcount and rescinded job offers amidst the bear market. Exchanges in the process of downscaling cite various reasons, including overexpansion...
South African Central Bank Now Considers Cryptocurrency to Be a Financial Asset
15.7.2022
The deputy governor of the South African Reserve Bank (SARB) recently said the institution has changed its position on cryptocurrency, and now regards it to be a financial asset which must be regulated as such. The SARB expects to have a cryptocurrency regulatory framework in place by the end...
Trezor Has Seen ‘Significantly’ Higher Interest in Self-Custody Amid Ongoing Crypto Turmoil
15.7.2022
Major hardware wallet maker Trezor said they have noticed higher interest in their devices following a string of crypto company meltdowns and centralized exchanges suspending withdrawals.
According to a company spokesperson, bitcoin (BTC) and crypto holders are “getting nervous about holding their...
Bitfinex to Donate $1.3 Million Worth of BTC and USDT to Communities in El Salvador
15.7.2022
The crypto exchange Bitfinex announced on Thursday that the trading platform plans to donate 36 bitcoin and $600K worth of tether tokens to help bolster communities and small businesses located in El Salvador. According to Bitfinex, the funds will initially target small businesses in Salvadoran...
UNI, MATIC and AAVE surge after Bitcoin price bounces back above $20K
15.7.2022
Bitcoin, Uniswap, Polygon and Aave turned green just a day after the highest CPI print in over 40 years
CFTC labels 34 crypto and forex firms as unregistered foreign entities
14.7.2022
"Customers engaged in transactions with these entities may not receive the benefit of the customer protections, safeguards, and guardrails,” said CFTC commissioner Kristin Johnson
Data transfer network Plaid integrates 4 major crypto exchanges
14.7.2022
The San Francisco-based fintech company now supports Binance.US, Gemini, Robinhood and SoFi accounts
CoinFLEX resumes withdrawals, limiting users to 10%
14.7.2022
Since halting user withdrawals three weeks ago, CoinFLEX has announced plans to reclaim up to $84 million in owed funds
Why is there so much uncertainty in the crypto market right now? | Market Talks with Crypto Jebb and Crypto Wendy O
14.7.2022
Why is there so much uncertainty in the crypto market right now? Join us as we try to figure it out with Tim Warren, co-host of Coffee N Crypto, and Crypto Wendy O
Fasset Collaborates with Mastercard, New York Yankees' Bitcoin Deal, Tencent Shutters NFT Platform, Crypto Industry Donates to US Senator + More News
14.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Fasset Collaborates with Mastercard, New York Yankees' Bitcoin Deal, Tencent Shutters NFT Platform, Crypto Industry...
Bitcoin trading volumes post new high in Philippines peso on Paxful
14.7.2022
Weekly Bitcoin trading volumes in the Philippines peso were steadily growing on Paxful this year and eventually hit a new high in July