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Eurovision Winners’ NFT Auction Raises $900K for Charity
6.6.2022
Kalush Orchestra, the winners of the Eurovision Song Contest 2022, have successfully auctioned off an NFT for charity. The auction was held on MetaHistory — the official Ukrainian charitable NFT museum – and raised $900,000 in cryptocurrency for Ukraine. MetaHistory and Kalush...
DEXes Outpace CEXes, Binance Buys CAKE, Losing Crypto Funds, IRA vs. Gemini + More News
6.6.2022
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: DEXes Outpace CEXes, Binance Buys CAKE, Losing Crypto Funds, IRA vs. Gemini + More News
Bybit Extends Support to HNT Network Upgrade
6.6.2022
Bybit has announced support for the network upgradation of Helium (HNT). The process starts on June 08, 2022, at midnight (UTC). Deposits and withdrawals of HNT will be suspended on June 07, 2022, at 11 AM (UTC) until the upgrades are deemed stable. The exact duration of the suspension will...
SEC Launches Game-Show Campaign to Educate Investors in ‘a Playful Way’ – Crypto Included
6.6.2022
The U.S. Securities and Exchange Commission (SEC) has launched a game-show campaign to help investors make informed decisions “in a playful way.” One of the contestants in the game show chose to listen to a celebrity and invest in crypto. SEC Debuts ‘Game Show-Themed Public...
2TM Group, Parent Company of Mercado Bitcoin, Lays off 90 Workers Amid Market Cool Down
5.6.2022
2TM Group, a Latam unicorn and parent company of Mercado Bitcoin, a Latam-based cryptocurrency exchange, has announced it will execute a series of layoffs due to the current market cooldown. The company declared that this action was motivated by the recent global financial scenario changes, making...
Crypto Firms Flock to Dubai for Regulatory Clarity as UAE Cleans Its ‘Grey’ Reputation
5.6.2022
If you’re in the crypto industry, it seems that Dubai is the place to be right now. Not only is the most populated city in the UAE and one of the world’s biggest tourist hotspots, but it has recently seen an influx of crypto firms looking to establish a regional (or global) base, including...
Defi Educator Says $22 Billion in ETH 2.0 Funds Won’t Be Liquid Immediately After PoS Transition
4.6.2022
As Ethereum’s transition to proof-of-stake (PoS) gets closer and the network’s hashrate taps another all-time high, the Ethereum 2.0 contract is close to nearing 13 million ether worth $22.6 billion using today’s ether exchange rates. Moreover, according to a decentralized...
Czech Central Bank Plans Tenfold Increase in Gold Holdings, New Governor Says Precious Metal ‘Good for Diversification’
4.6.2022
The incoming governor of the Czech National Bank (CNB), Aleš Michl, has said he plans to increase the institution’s gold holdings almost tenfold from the current 11 tonnes to 100 tonnes. Michl also said he will ask the bank’s foreign exchange reserves management team to invest...
Are Exchange Layoffs the First Sign of Crypto Winter, or Is It Already Over?
3.6.2022
Coinbase, Gemini and other crypto exchanges are laying off employees. But the cutbacks have not been as deep as previous market downturns, so far
The Weeknd Collaborates with Binance for the First Web3 World Tour
3.6.2022
Binance has teamed up with The Weeknd to host the first-ever web3-based music world tour. Named “After Hours Til Dawn,” the world tour is slated for the 8th of July. Binance hopes to enhance the fan experience of this tour through various web3 features like NFTs, virtual events,...
Binance Labs Launches $500 Million Web3, Blockchain Fund
3.6.2022
Binance Labs, the venture capital arm of the leading crypto exchange, has announced the launch of a new fund that will focus its action on Web3 and blockchain technologies. The fund, which will launch with $500 million in capital, will invest in companies that take cryptocurrencies and extend their...
Japanese Parliament Green-lights Stablecoin Legislation, FTX Makes Official Japanese Debut
3.6.2022
Japan’s upper parliamentary house, the House of Councillors, has approved a legal amendment that will police stablecoin issuance and ensure that only regulated companies are allowed to issue cryptoassets....
Read More: Japanese Parliament Green-lights Stablecoin Legislation, FTX Makes Official...
Crypto.com gets nod in Dubai and FTX launches in Japan
3.6.2022
Crypto.com will have further requirements before its full license is granted in the “near-term” and FTX said the move would allow it to work “directly with Japanese regulators.”
Ethereum’s Merge FOMO isn’t priced in, making a spike to $2.6K a possibility
2.6.2022
Ethereum's price action hangs around major swing lows despite the all-important Merge network upgrade. Analysis suggests ETH is discounted below $2,000
CFTC sues Gemini claiming the crypto exchange lied in futures contract evaluation
2.6.2022
The agency says the exchange gave false information in person and in documents in its 2017 bid to be among the first to offer Bitcoin futures contracts
Middle Eastern Crypto Exchange Rain Lays Off Dozens of Employees: Report
2.6.2022
The move follows news of workforce reductions at a number of crypto exchanges in the U.S. and worldwide
El exchange Gemini despide al 10% de su personal citando el "turbulento" mercado cripto
2.6.2022
La compañía, liderada por los gemelos Winklevoss, citó como argumentos la caída de las criptomonedas y las condiciones macroeconómicas del mercado
Binance Adds Eight New Assets to Its Flexible Savings
2.6.2022
Binance has added eight new assets to Flexible Savings, a value-added service provided by Binance to its users. The assets added include DNT, BEL, JST, OP, LTO, RAD, UFT, and RVN. Binance shared the update on the official website with certain terms and conditions. Subscriptions close after...
Indian Exchange CoinSwitch Kuber Unveils Crypto Rupee Index
2.6.2022
The Crypto Rupee Index (CRE8) will track the performance of Indian Rupee based on the crypto market
Upbit Operator Distances Itself from Terra-LUNAC ‘Investment’, Says It Swapped Coins for Bitcoin
2.6.2022
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Read More: Upbit Operator Distances Itself from Terra-LUNAC ‘Investment’, Says It Swapped Coins for Bitcoin