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UK Bans ‘Refer a Friend’ Bonuses With Tougher Crypto Marketing Rules
10.6.2023
Businesses marketing crypto assets to U.K. consumers will have to abide by stricter advertising rules presented by the country’s financial watchdog. These include prohibiting ‘refer a friend’ bonuses for the industry as well as introducing a cooling-off period for first time investors. Regulator...
Bitmex Group CEO: US Crypto Crackdown May Drive Top Talent to ‘Markets With More Regulatory Certainty and Lower Risk’
10.6.2023
Unlike in the United States where authorities are cracking down on the crypto industry, the regulations governing the industry are “more clearly defined and commercially viable in markets like Hong Kong, Singapore, and the UAE,” Stephan Lutz, the group CEO and CFO of the crypto exchange...
Polygon Price is Going to Zero as the SEC Begins Clamp Down on Crypto Industry but Sustainable Coin Ecoterra Just Raised $4.9 Million – What Does it Do?
9.6.2023
It’s been a disastrous week for Polygon.
The Ethereum layer-2 scaling solution’s native MATIC token has shed nearly 20% of its value since the weekly open, tanking from the upper $0.80s to the low-$0.70s....
Read More: Polygon Price is Going to Zero as the SEC Begins Clamp Down on Crypto Industry...
Crypto.com Winding Down U.S. Institutional Business
9.6.2023
Singapore-based crypto exchange Crypto.com will no longer be offering its service to institutional clients in the U.S. due to “limited demand,” the company announced Friday
Binance VP of Marketing: crypto needs to 'double down' on community support
9.6.2023
Rachel Conlan, the new VP of Marketing at Binance, says that “critical” times in the industry call for major companies to emphasize community, clarity and simplicity
Coinbase CEO Armstrong Says Not Shutting Down Staking Service
7.6.2023
Coinbase
Binance Coin is Going to Zero as the SEC Clamps Down on Crypto Exchanges but Eco Friendly Project Ecoterra Just Hit $4.8 Million – What's Going On?
7.6.2023
As the aftermath of the seismic SEC v. Binance lawsuit sinks in, crypto markets are reeling at the mass enforcement move by the SEC which has raised major red flags around big projects such as BNB, SOL, MATIC, and ADA.
Among the worst hit, BNB suffered a sudden -17% cascade as traders took stock...
First Mover Americas: Crypto Markets Stay Down Following SEC Suing Binance
6.6.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for June 6, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Ethereum gas fees cool down after May memecoin frenzy
5.6.2023
Besides Ethereum, Bitcoin’s meme frenzy via Ordinals has steeply declined from its high in May
Etherscan Launches Advanced Filter for Enhanced Ethereum Blockchain Exploration
5.6.2023
On June 2, 2023, the Ethereum blockchain explorer and insights web portal, Etherscan, released a new feature that allows users to refine their transaction searches with filters. Onchain sleuths, researchers, and investigators can now narrow down the results in a single view using a variety of...
Bitcoin wicks down to $26.5K, but trader eyes chance for ‘bullish surprise’
2.6.2023
BTC price upside is likely limited, market participants argue, with Bitcoin pinned below $27,500
Uniswap Community Votes Down Protocol Fees for Liquidity Providers
2.6.2023
The initial snapshot poll was voted against by the community in a surprising move
Kazakhstan Police Shut Down ‘Fake Crypto Exchange’ and Arrest ‘Mastermind’
2.6.2023
Police in Kazakhstan say they have shut down a suspected fraudulent crypto trading platform, with its alleged mastermind arrested.
Per Nur.KZ, the Ministry of Internal Affairs announced that a “23-year-old man” had been arrested.
The man’s name begins with L and he was born in 1999, the police...
Elon Musk Warns Commercial Real Estate ‘Melting Down Fast’ — Predicts ‘Home Values Next’
2.6.2023
Tesla and Spacex CEO Elon Musk says commercial real estate is “melting down fast,” warning that home values will be next. Some experts disagree with Musk regarding the residential real estate market, including Shark Tank star Barbara Corcoran. However, she agrees that the commercial real estate...
Gate.io Clamps Down on Rumors Following Twitter Upheaval Over Multichain
1.6.2023
Cryptocurrency exchange Gate.io disputed rumors of insolvency after tweets were sent alleging a connection between it and Multichain.
“We would like to clarify that our operations are running healthily, withdrawals are functioning properly, and there are no issues with our operations...
US Lawmakers Introduce Bill to Halt Federal Reserve’s Digital Dollar Testing, Citing Concerns for American Liberties
1.6.2023
U.S. lawmakers have introduced a bill to prohibit the Federal Reserve from “establishing, carrying out, or approving a program intended to test the practicability of issuing” a central bank digital currency (CBDC). “CBDCs would threaten the liberties of law-abiding Americans and are being used...
Stop shoving crypto ‘down people’s throats’ — Pudgy Penguins CEO on NFTs
1.6.2023
Luca Netz suggested that Pudgy Penguins is pushing for Web3/blockchain as a “back end not front end” approach, as it makes its IP as accessible as possible
Biggest Movers: SHIB Nears 6-Month Low, Whilst LTC Drops by 4% on Wednesday
31.5.2023
Shiba inu moved closer to a six-month low on Wednesday, as sentiment in cryptocurrency markets shifted bearish. Litecoin was another notable token to fall, slipping by over 4% today. The global market cap is currently down by over 2% at the time of writing. Shiba Inu (SHIB) Shiba inu (SHIB) fell...
Junkineering Launches a Closed Demo in Q3 2023: New Approach Vision for the Web3 Gaming Industry
31.5.2023
What is wrong with the current P2E market Since most P2E projects do not create long-playing products, the Free-to-Play model of the past decade is breaking down, threatening to disrupt a $100B+ industry. The main lessons learned before 2023 are: NFTs were misused for trading and farming, not...
How A Wild Video Game Rumor Races Around The Internet Before Getting Shut Down
30.5.2023
It’s almost summer and gamers are starting to lose it. In the midst of a renewed console race frenzy and video game industry consolidation, fan speculation about future game releases and company deals is at an all time high. It’s an exciting time for new announcements as we head into not-E3...