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XRP, ADA Lead Declines in Major Cryptocurrencies as Bitcoin Drops Below $25K
15.6.2023
Losses on major tokens extended to over 7.4% in the past 24 hours, data shows
Crypto Lender Celsius Updates Bankruptcy Plan After Fahrenheit Deal
15.6.2023
The new filing is set to face legal opposition from borrowers
Microstrategy’s Saylor Envisions Bitcoin-Only Future for Crypto Industry as US Regulators Hammer the Sector
15.6.2023
According to Microstrategy founder Michael Saylor, regulators perceive no “legitimate path forward” for cryptocurrencies such as stablecoins, crypto securities, and tokens. In an interview with Bloomberg on Tuesday, Saylor emphasized that the entire industry is bound...
USDT Selling on Curve, Uniswap Spooks Traders Amid Bitcoin Drop
15.6.2023
USDT holdings on Curve’s popular ‘3pool’ have risen to over 72% as of Thursday morning, suggesting a sudden disbalance
3AC Seeks Contempt of Court Ruling on Founder Kyle Davies For Failing to Respond
15.6.2023
Ignoring a subpoena warrants a fine of $10,000 per day, the estate of his hedge fund argues
Crypto Exchange Bit2Me Raises $15M to Grow in Spain and Latin America
15.6.2023
The investment round included Telefónica Ventures, the investment arm of Spain’s largest telecommunications company Telefónica
Hong Kong Put Pressure on Three Major Banks to Take on Crypto Exchanges as Clients: Report
15.6.2023
The Hong Kong Monetary Authority (HKMA) is putting pressure on HSBC, Standard Chartered and Bank of China to take on crypto exchanges as clients
Economist Discusses Viability of BRICS Currency — Says Pegging to Chinese Yuan Would Be ‘First Major Step’
15.6.2023
An economist, who previously worked at the Bank for International Settlements (BIS), has provided insights on the possibility of a BRICS currency coexisting with the U.S. dollar. Noting that China is a major trading partner of all BRICS nations, he suggested: “Pegging to the renminbi...
FinTech Festival Thailand 2023 unites industry experts, innovators, and communities for a transformative FinTech experience
15.6.2023
FinTech Festival Asia 2023, the premier event in the Southeast Asian region showcasing the latest advancements and trends in financial technology, is set to take place from September 27-28, 2023, at Royal Paragon Hall in Bangkok, Thailand. The festival will bring together industry experts...
Register Here for a Weekly News Update on Latin America
15.6.2023
Due to the unique traits it presents, Latin America has been a thriving region for cryptocurrency, as the technology aims to complement or even substitute traditional finance components that cannot be used in certain countries in the area. Marked by the vast differences between its countries...
U.S. Justice Department Agrees to Try Sam Bankman-Fried on Original Charges Only for Now
15.6.2023
Prosecutors with the U.S. Department of Justice wrote late Wednesday night that they would agree to try FTX founder and former CEO Sam Bankman-Fried on only the original eight charges filed in January after a court in the Bahamas blocked the local government from agreeing to additional charges
US Treasury Secretary Yellen: Decoupling From China Would Be ‘a Big Mistake’
15.6.2023
U.S. Treasury Secretary Janet Yellen has warned that despite some human rights concerns that need to be addressed, ceasing trade with China would be a “big mistake” for the U.S. “De-risk? Yes. Decouple? Absolutely not,” she stressed, adding that the outcome of decoupling...
First Mover Asia: Large Bitcoin Holders Content to Hold Long Positions Amid Regulatory Turmoil
15.6.2023
Balances for whale investors indicate that investors are holding on to their crypto assets, despite recent uncertainty; BTC regains $25K
Pro-Bitcoin Miami Mayor Francis Suarez Joins Race for 2024 US Presidential Election
15.6.2023
Another politician entered the race for America’s presidential election in 2024, and unlike the Democratic incumbent, Joe Biden, and the Republican, Donald Trump, this candidate is crypto-friendly. Miami mayor Francis X. Suarez filed to run as a Republican, according to his recent Federal...
Bitcoin Friendly Miami Mayor Francis Suarez Jumps Into Presidential Race
15.6.2023
Suarez joins an increasingly crowded field as a longshot candidate for the Republican nomination. The mayor once accepted a paycheck in bitcoin
Custodian Prime Trust’s Payments Subsidiary Banq Files for Chapter 11 Bankruptcy Protection
15.6.2023
Shortly after the custodian Bitgo announced its acquisition of the company Prime Trust, its payments subsidiary, a firm called Banq, filed for Chapter 11 bankruptcy protection in the United States. According to court documents, the filing reveals that Banq listed approximately $17.725 million...
XRP Tumbles 8%, Erasing Price Gains from ‘Hinman Emails’ in Ripple Lawsuit
15.6.2023
The token fell to as low as 46.18 cents, its lowest level this month, as crypto markets sold off Wednesday afternoon
ApeCoin DAO Special Council Six-Figure Salaries Sparks Tension
14.6.2023
The decentralized autonomous organization behind ApeCoin, the native currency of the Bored Ape Yacht Club ecosystem, pays each member of its Special Council $20,833 per month
Bitcoin’s Lack of Layer 2s Is a Blessing in Disguise
14.6.2023
AI Crypto Tokens Lose Steam as Post-Nvidia Earnings Hype Wears Off
14.6.2023
Render (RNDR) token has risen as a “unique case,” said an analyst