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Australia to Stocktake Crypto Holdings Ahead of Regulation
23.8.2022
Australia intends to do a virtual stocktake of cryptocurrency assets held by its citizens, the new executive power in Canberra announced this week. The move is viewed as an indication that the center-left government plans to regulate the country’s crypto space. Treasury Embarks...
Bitfinex offers new chain split tokens ahead of Ethereum Merge
23.8.2022
ETHW and ETHS are the two newly introduced chain split tokens that will allow users to trade on the fork event
Malaysian regulators add Huobi to investor alert list
23.8.2022
The Securities Commission of Malaysia says Huobi is operating without official registration from local regulators
Cronos (CRO) Falls Drastically From Its Immediate Resistance!
23.8.2022
Cronos became a new participant in the cryptocurrency exchange syndicate that offers to trade, invest, staking, storage wallets, NFTs, and much more assets to deal in. Cronos focused on creating its own blockchain protocol with the native cryptocurrency named CRO. It could have used public exchange...
One-third of estimated 115M Indian crypto users concerned about regulations
23.8.2022
A KuCoin survey estimates that some 115 million Indian citizens are invested in cryptocurrencies, while many are still concerned about the government's stance towards the sector
PayPal Partners With Coinbase-Backed TRUST Network
23.8.2022
PayPal recently announced a strategic partnership with TRUST Network. Backed by Coinbase, Travel Rule Universal Technology is an industry-driven solution. The integration will help PayPal to increase compliance while maintaining optimal customer privacy and security. Seeing PayPal’s market stature...
Iranian Association Calls for Stable Crypto Regulation as Government Plans Widespread Use of Crypto in Foreign Trade
23.8.2022
Iran’s association of importers has stressed the need for a stable regulatory framework for cryptocurrencies now that the Iranian government is officially using crypto to pay for imports. “By the end of September, the use of cryptocurrencies and smart contracts will be widespread...
IMF Sees Significant Increase in Correlations Between Bitcoin and Asian Equity Markets
23.8.2022
Officials at the International Monetary Fund (IMF) say that the correlation between the performance of the Asian equity markets and crypto assets such as bitcoin and ethereum has increased significantly. IMF Staff on Crypto and Correlation to Asian Equities The International Monetary Fund (IMF)...
Two-thirds of Surveyed South Koreans Say Cryptoassets Aren’t Securities
22.8.2022
Over six in 10 South Koreans do not think cryptoassets are securities, a new opinion poll has found – although lawmakers may instead prefer to follow Washington’s lead in determining which coins to class as securities.
The survey was conducted by Cratos, the operator of a blockchain...
Biggest Movers: EOS Higher Despite Crypto Sell-off, FLOW Extends Declines
22.8.2022
Monday saw eos remain in the green, despite the latest red wave in cryptocurrency markets. Today’s rally sees the token move almost 20% higher in the last seven days. Flow, on the other hand, extended its recent declines and is now down by almost 30% in the same period. EOS EOS was trading...
Bitcoin, Ethereum Technical Analysis: ETH Below $1,600, BTC Under $21,000 to Start the Week
22.8.2022
Ethereum extended recent declines to start the week, as the token briefly fell below a key support point in today’s session. Monday’s sell-off saw the majority of the cryptocurrency top 100 in the red, with the global market cap down 1.61% as of writing. Bitcoin also slipped, once...
Binance Adding Stargate Finance on Isolated Margin & Cross Margin
22.8.2022
Binance has been integrating STG and its functionalities on its several platforms. Binance Convert recently announced adding Stargate Finance on Isolated Margin and Cross Margin. After the integration, users can trade STG as a borrowable asset on both margins. It adds new Cross Margin pairs like...
Hackers Used Deepfake of Binance CCO to Perform Exchange Listing Scams
22.8.2022
A set of hackers managed to impersonate Binance chief communications officer (CCO) Patrick Hillmann in a series of video calls with several representatives of cryptocurrency projects. The attackers used what Hillman described as an AI Hologram, a deepfake of his image for this objective,...
Voyager's Creditors Say 'No' to the Lender's 'Retention' Bonuses for Employees
22.8.2022
Creditors of the troubled crypto lender Voyager Digital have objected to the company's motion to pay employees "retention awards," saying that it should instead lower "headcount" to decrease costs.
The Official Committee of Unsecured Creditors, a group of Voyager customers, said in a recent legal...
Russian Caught Mining Crypto in Covid-19 Clinic
22.8.2022
An IT specialist working for a medical institution in Russia’s Altai Republic has been detained for illegally mining cryptocurrency at the premises of a Covid-19 hospital. The man minted digital currencies using stolen electricity for almost a year before law enforcement busted his crypto...
Ethereum’s Pivot to Proof-of-Stake Consensus Worries Users About the Possibility of Protocol Level Censorship
22.8.2022
The upcoming consensus change that Ethereum, the second largest cryptocurrency by market cap, is planning to execute in September has worried many users about the possibility of censorship happening at a protocol level. This means that, even by interacting directly with smart contracts, blacklisted...
Moscow Exchange Prepares to List Digital Financial Assets by Year End
21.8.2022
Russia’s largest market for equities, bonds, and derivatives, the Moscow Exchange, intends to launch a product based on digital financial assets by the end of the year, an executive has revealed. The trading platform is already working with a partner to organize the placement of digital...
Invest In Uniglo (GLO), Ethereum Classic (ETC), & Cardano (ADA) Now, Reap Benefits In 2023
21.8.2022
To get the best upside for your portfolio in the current bear market, you might want to start thinking a little more about the long-term. Picking a coin that’s going to be worth more tomorrow is difficult. It always was but is arguably even more so right now with huge levels of volatility...
FTX revenue reportedly grew 1000% in one year, leaked documents reveal
21.8.2022
The revenue breakdown discloses a 1842.85% increase in operating income for FTX, from $14 million to $272 million in FY 2020-21
US Authorities Warn of ‘Pig Butchering’ Crypto Scam Becoming Alarmingly Popular
21.8.2022
U.S. authorities have warned about the rising popularity of a crypto scam known as “pig butchering.” The Federal Bureau of Investigation (FBI) explained: “The fraud is named for the way scammers feed their victims with promises of romance and riches before cutting them off...