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Crypto Industry’s Custody, Ownership Rights Are 'Fundamental Problems' That Need Solving - US Official
25.5.2022
The recent collapse of the TerraUSD (UST) stablecoin has demonstrated that custody and ownership rights are underdeveloped for the size, scope, and ambitions of the crypto industry, according to the US Acting Comptroller of the Currency Michael J. Hsu.
The comptroller presented his opinion...
Next-Generation Tokens to Empower the Crypto Sphere: Mushe Token, Green Satoshi Token, & GateToken
25.5.2022
In the crypto industry, the term crypto token is frequently used interchangeably with cryptocurrency and altcoins. These phrases, however, are distinct from one another. A crypto token functions as a tradable asset or utility on its blockchain and lets its holder utilize it for investment...
Argentinian Cryptocurrency Exchange Buenbit Announces Staff Layoffs
25.5.2022
Buenbit, an Argentinian cryptocurrency exchange, has announced a series of layoffs due to the downturn that traditional and crypto markets are currently facing. Buenbit’s co-founder and CEO, Federico Ogue, clarified that this move had nothing to do with the recent Terra ecosystem disaster...
Skeptical Twitter Users Think SBF’s Proposed USD 1B Campaign Donation Is an ‘Investment’ Strategy
25.5.2022
Twitter users say they believe that the FTX crypto exchange’s multi-billionaire owner Sam Bankman-Fried’s plans to spend some USD 1 billion or more to fund the US Democratic Party’s 2024 presidential election campaign is a “calculated investment.”...
Read More: Skeptical Twitter Users Think...
Uniswap breaks $1T in volume — but has only been used by 3.9M addresses
25.5.2022
Uniswap has hit two major milestones this month, with the DEX topping $1 trillion in volume and hitting around 3.9 million cumulative users this month
Hardware Wallet D’CENT Offers Multiple Ways Which Can Help Users Bypass Crypto Exchanges
25.5.2022
PRESS RELEASE. D’CENT Hardware Wallet recently added a new user-focused feature named ‘Exchange’ under the platform’s ‘Discovery’ tab menu, allowing users to exchange multiple network cryptocurrency assets with only a few clicks. Furthermore, users...
Exchange argentino Buenbit reduce 45% de su personal por recesión en la industria tecnológica
24.5.2022
La empresa se enfocará en sus operaciones actuales en Argentina, México y Perú, y pondrá freno al plan de expansión a otros países
Argentinian Crypto Exchange Buenbit Cuts 45% of Staff Due to Tech Industry Downturn
24.5.2022
The company will focus on its current operations in Argentina, Mexico and Peru, and freeze previous plans to expand into other countries
Coinbase 'Frequently' Asks Employees to Rate Each Other - Report
24.5.2022
Major crypto exchange Coinbase is reportedly asking employees to rate each other quite often after meetings and other interactions.
The cryptoasset company has been testing an app that asks employees to evaluate their colleagues and managers after interactions by giving them a thumbs up, thumbs...
Top 3 cryptocurrencies that are faring the best in the 2022 bear market
24.5.2022
The list is curated after studying the drawdowns of the top 30 crypto assets by market cap from their record highs
Japan's Bitbank to set up a custody firm to facilitate institutional entry to local markets
24.5.2022
In partnership with Sumitomo Mitsui Trust Holdings, crypto exchange Bitbank revealed plans to establish JADAT, a crypto-specialized custodian
Bitrue Announces ADA, BNB, and CAKE Farming From May 24
24.5.2022
Access new Yield Farming pools on Bitrue with up to 90% annual percentage yield in rewards. The new set of pools will support coins like ADA from Cardano, BNB from Binance, and CAKE from PancakeSwap. The pools will go live on May 24 at 13:00 UTC. Launched back in 2018, Bitrue is currently among...
Major Japanese Bank Sumitomo Mitsui Trust to Launch Cryptocurrency Custody Business
24.5.2022
Sumitomo Mitsui Trust, one of the major banking institutions in Japan, will reportedly enter the cryptocurrency custody business. The company is entering a partnership with Bitbank, a Tokyo-based cryptocurrency exchange, to launch a new company that will focus on offering institutional-grade...
Crypto Listing and Delisting Announcements: Week 21
23.5.2022
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
Litecoin confidential transactions spook Korean exchanges
23.5.2022
The two exchanges cited Korea's Act on the Reporting and Use of Specific Financial Transaction Information, a law that requires crypto exchanges to put in place KYC and AML systems
Binance P2P Waives 50% Maker Fees for Southeast Asia
23.5.2022
The Southeast Asian branch of the Binance P2P exchange announced a new fee promotion to be held in the last week of May. From the 24th to the 31st, new orders will get a 50% discount on maker fees during the activity period. The platform has listed the effective prices for all the assets during...
How Gate․io Grew to Become One of the World’s Largest Crypto Exchanges – 9 Years Retrospective
23.5.2022
Gate.io is one of the longest running secure exchanges in the world and over time, surpassed 10 million users worldwide. To mark this milestone, the exchange is launching a rebranding and a sweepstake with $9,000,000 in prizes! Read on to find out more about what makes Gate.io such a success...
Central Africa Republic’s Bitcoin Adoption: The Real Work Must Start Now
23.5.2022
The Central Africa Republic (CAR)’s surprise bitcoin adoption decision once again shows that the top cryptocurrency can be an alternative to fiat currency. However, the African country still needs to invest heavily in its telecommunications infrastructure. The CAR also needs to prioritize...
Middle East Crypto Exchange Coinmena Enters the Qatari Market, Regulator Says No Institution Licenced
23.5.2022
Coinmena, the Bahrain-based cryptocurrency exchange, recently announced that residents of Qatar can now buy and sell cryptocurrencies on its platform. The cryptocurrency exchange claimed it is the first regulated digital asset exchange to open its platform to Qatari residents. Residents Can...
Bitmex Co-Founder Arthur Hayes Avoids Prison for Violating US Bank Secrecy Act
23.5.2022
Bitmex co-founder Arthur Hayes is not going to prison for violating the U.S. Bank Secrecy Act. Instead, the former crypto exchange CEO has been sentenced to “six months of home detention and two years of probation.” Hayes has agreed to pay a fine of $10 million. Bitmex’s Arthur...