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S. Korean Prosecutors Say Reports of Do Kwon's Stopover in Dubai 'Not False': Bloomberg
21.10.2022
There have been rumours circulating that Do Kwon, co-founder of Terraform Labs, the firm behind the Terra blockchain network, has left Singapore for Dubai. Prosecutors have said that these rumours are "not false," Bloomberg reported Friday
Over 70% of Surveyed El Salvador Citizens Say the Country’s Bitcoin Strategy Has ‘Failed’
20.10.2022
Just above three-quarters of surveyed Salvadorians reportedly see the adoption of bitcoin (BTC) as a failure.
According to the poll by the University of Central America (UCA), as reported by Barron’s, 77% of respondents consider the BTC adoption as legal tender in 2021, alongside the dollar,...
Metaverse Market Dominance Raises Competition Worries, EU Antitrust Officials Say
19.10.2022
The European Commission has been targeting big tech firms for unfairly controlling online markets and will be looking in detail at the regulation of virtual online worlds
How to Make a Folder “Slit” Effect With CSS
19.10.2022
When you put something — say a regular sheet of paper — in a manilla folder, a part of that thing might peek out of the folder a little bit. The same sort of thing with a wallet and credit …
How to Make a Folder “Slit” Effect With CSS originally published on CSS-Tricks, which is part of...
South Korean Police Have Seized $1.3m in Crypto in 2022, Critics Say It’s Not Enough
19.10.2022
South Korean police have seized $1.3 million worth of crypto in criminal investigations so far this year, official numbers have revealed.
According to Segye Ilbo, the figure is just a small fraction (1.4%) of the total $92 million worth of assets seized by officers in criminal...
Bank of America and JPMorgan Say US Economy Is Doing Well, Consumers Are in Good Shape Despite Inflation
19.10.2022
Bank of America CEO Brian Moynihan and JPMorgan & Chase CEO Jamie Dimon both agree that the U.S. economy is doing well and consumers are in good shape. “The consumers basically have more money in their accounts by multiples than they did pre-pandemic,” said the Bank of America...
Web 3 Isn’t Dead, Despite What Critics Might Say
18.10.2022
GameStop Employees Say They Have To Sell All Sorts Of Random Weird Junk Now
17.10.2022
Not everyone was happy with GameStop’s transition into a toy store, but there was at least some crossover between toys and gaming. Until now. New inventory just came in for GameStop employees, and some of the stock they’re getting aren’t even toys. Read more
South Korean Prosecutors Say They Want to Buy New Crypto-tracking Tools
17.10.2022
Prosecutors in South Korea say they will spend money on crypto tracking tools – and have claimed that they will use these innovative solutions to crack down on money-laundering, crypto-powered drug deals, and kimchi premium trading.
According to Kookmin Ilbo, the Supreme Prosecutors’ Office of...
Interest in Russian Crypto Channels on Telegram Declining, Analysis Shows
17.10.2022
Russians have been losing interest in Telegram channels devoted to cryptocurrencies and tokens, according to a new research covering the period since the start of the war in Ukraine. Industry experts behind the study say that bitcoin’s lower valuation and financial restrictions increasingly...
FX Strategists From Citi Say Euro Could Sink to $0.86 if Macro Turmoil Continues
16.10.2022
While the euro has found support between 0.96 to 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around $0.86 against the greenback. While the dollar slumped on October 13, the fiat currency is rising again and market strategists...
Bitcoin analysts and traders say BTC’s low volatility is ‘a calm before the storm’
11.10.2022
Stocks markets slide toward yearly lows, while Bitcoin price remains range-bound. Here’s why crypto analysts expect a sharp move from BTC soon
USD Index Starts Inching Toward Highs Again, Société Générale Economists Say Rebound Towards 114.8 Peak ‘Is Not Ruled Out’
9.10.2022
In 2022, the U.S. dollar has been very strong, despite the global economy’s downturn and the rising inflation worldwide. 12 days ago, the U.S. Dollar Index (DXY) rallied to a high of 114.8 and since then, the index has pulled pack and a recent analysis from economists at Société...
Dappradar’s Q3 Industry Report Shows Crypto Economy and Participants Are ‘Riding Out the Bear Market’
8.10.2022
According to Dappradar’s latest crypto industry report that covers 2022’s third quarter, the crypto economy and its participants are “riding out the bear market.” However, these days a number of macroeconomic events have influenced the crypto market, and Dappradar...
Valkyrie Funds, Ark Invest Say Crypto Has Hit ‘Bottom’ Amid Recession Woes
7.10.2022
Frank Downing, director of research at Ark Invest and Steven McClurg, co-founder of asset management firm Valkyrie, joined “First Mover,” to discuss why crypto may have reached its “bottom,” and their crypto-focused separate managed accounts (SMAs)
Binance-Backed BNB Smart Chain Paused Over Potential Multi-Million Dollar Exploit, Token Slides 4%
7.10.2022
On Thursday, 6:19 p.m. (ET), the official Twitter account for the Bnb Smart Chain explained that the team was temporarily pausing the blockchain, after citing that it noticed irregular activity. Sources say that more than $600 million in Bnb tokens were reportedly stolen from the chain’s...
South Korea Reportedly Freezes Do Kwon’s Crypto Worth $40M — Luna Founder Says the Funds Are Not His
6.10.2022
South Korean authorities have reportedly frozen $40 million in crypto assets, including bitcoin, allegedly belonging to Luna founder Do Kwon. However, Kwon denied that any funds of his have been frozen. “I don’t even use Kucoin and Okex, have no time to trade, no funds have been...
Pro-Russian Groups Raised $400,000 in Crypto Since Ukraine Invasion, Report Reveals
4.10.2022
Groups supporting Russia’s war effort in Ukraine have been actively collecting cryptocurrency to fund paramilitary operations and evade sanctions, researchers say. According to a new report, these organizations use Telegram to raise money then used to pay for equipment and training....
Bankrupt Crypto Lender Celsius’ Asset Sale Is Scheduled, Sources Say FTX CEO May Bid
4.10.2022
According to a filing published by the U.S. Bankruptcy Court for the Southern District of New York, the crypto lending firm Celsius has been given a final bid deadline of October 17, 2022. Following the bankruptcy court’s final bid deadline, a sale hearing is scheduled for November 1....
‘Prohibitive’ Global Crypto Capital Norms Could ‘Derail’ Market, TradFi Groups Say
4.10.2022
Banks want to see caps on bitcoin holdings increased fivefold under planned global standards