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Chainalysis Report Says $2.2 Million in Crypto Has Been Sent to Pro-Russian Groups in Ukraine
29.7.2022
According to a report stemming from the blockchain intelligence company Chainalysis, the firm identified 54 pro-Russian groups that have “collectively received over $2.2 million worth of cryptocurrency.” The paramilitary groups in Ukraine primarily received bitcoin and ether donations...
Deposits at non-bank entities, including crypto firms, are not insured — FDIC
29.7.2022
The government agency said that while deposits at insured banks were covered for up to $250,000, no such protections applied to those at crypto companies
Crypto Biz: Elon Musk: The ultimate crypto tourist
29.7.2022
Tesla's foray into Bitcoin may have been one big distraction for the electric vehicle maker, which reported mixed financial results earlier this month
Santander to Offer Cryptocurrency Services in Brazil in the Coming Months
29.7.2022
Santander, one of the biggest banking institutions in the world, has announced it will start offering cryptocurrency services in Brazil. Its CEO, Mario Leão, made the announcement in an interview with local media, stating that the company was still seeking the best way of getting into...
CoinFLEX announces staff cuts as part of measures to reduce costs by up to 60%
29.7.2022
“The intention is to remain right-sized for any entity considering a potential acquisition of or partnership opportunity with CoinFLEX,” said the exchange
Bitfarms Adds 18 MW of Capacity to ‘The Bunker’ — Miner’s Daily Production Taps 16.8 BTC per Day
29.7.2022
On July 28, the bitcoin mining company Bitfarms announced the completion of the second phase of its facility expansion, by adding roughly 18 megawatts (MW) of capacity to the operation. The mining facility dubbed “The Bunker,” now has approximately 3.8 exahash per second (EH/s), after...
KuCoin crypto exchange debuts USDT-dominated NFT ETF
29.7.2022
KuCoin's new investment product aims to increase the liquidity of and access to leading nonfungible token collections such as BAYC
Crypto contagion deters investors in near term, but fundamentals stay strong
29.7.2022
Many experts believe that the recent slew of insolvencies may be good for the market in the long run, weeding out any weak players from the industry
Top Safety From Uniglo KYC Shows This Low Cap Gem Could Be Next Millionaire Maker Like Solana & Apecoin
29.7.2022
Newcomer Uniglo (GLO) just received the first part of its Know Your Customer (KYC) security measures. This milestone is crucial to show the cryptocurrency world that the newcomer is serious about creating a secure and reliable platform for wealth building and investment growth. And according...
OraiDEX Streamlines the Process to Bridge Assets
29.7.2022
OraiDEX now sports a more user-friendly interface streamlining the process to bridge assets to Oraichain Mainnet. The announcement was made by publishing a blog post. Oraichain is an AI-powered oracle and ecosystem for blockchains that aims to become the first AI Layer 1 in the blockchain industry...
Call for Creation of Common African Digital Currency, Kenyan Activists Turn to Crypto Funding, Ghana on the Brink
29.7.2022
In Bitcoin.com News’ inaugural newsletter featuring the biggest crypto and economic news stories from Africa, the head of an African regional central bank, Herve Ndoba, implores the bank’s board to introduce a common digital currency. At the same time, the regional bank warned that...
Banking Giant Santander is Set to Offer Crypto Trading to Brazilians as Crypto 'Is Here to Stay'
29.7.2022
Banco Santander S.A., the Brazilian subsidiary of the Spanish Santander Group, plans to start offering crypto trading, possibly already this year.
The bank plans to start offering crypto-related services to its Brazilian customers “in the coming months,” reported Folha de S. Paulo, citing the...
Iran Amends Regulations to Ease Crypto Miners’ Access to Renewable Energy
29.7.2022
Authorities in Iran have revised some rules for the crypto mining industry in order to facilitate its access to green power. Licensed miners will now be able to purchase electricity produced from renewable sources from across the country at lower rates. Cryptocurrency Miners in Iran Allowed...
Fed demands Voyager remove 'false' claims deposits are FDIC insured
29.7.2022
The Fed and FDIC allege that Voyager “made various representations online" that its funds were FDIC insured
IMF Warns of Further Crypto Selloffs and More Coins Failing
29.7.2022
A director with the International Monetary Fund (IMF) has warned of further selloffs in both crypto assets and equities. He further warned that more crypto tokens could fail. IMF Foresees More Crypto Selling Pressure Tobias Adrian, director of Monetary and Capital Markets for the International...
Celsius Clients Beg Bankruptcy Court to Release Crypto, One Customer Needs Funds to ‘Put Food on the Table’
28.7.2022
After the crypto lender Celsius filed for bankruptcy protection on July 13, the company recently contacted customers and explained that an employee from one of the firm’s vendors accessed a list of Celsius client emails, and the email addresses were “transferred to a third...
Foundry Digital Launches Logistics Arm to Advance Standards in the Cryptocurrency Mining Industry
28.7.2022
On Thursday, Foundry Digital LLC, the mining company and subsidiary of Digital Currency Group (DCG), announced the launch of Foundry Logistics in order to advance standards in the cryptocurrency mining industry. The newly launched arm of the company plans to “bridge the gap between hardware...
Coinbase Confirms Support for the New KNC
28.7.2022
Coinbase has announced to list a new KNC on Coinbase Retail, Pro, and Prime on August 01, 2022, at 12 pm PT. The decision was taken after Kyber Network worked closely with Coinbase on a comprehensive review of KyberDAO and Kyber Network Crystal, also known as KNC. Coinbase announced its support...
UK National Crime Agency Seizes $33 Million in Cryptocurrency
28.7.2022
The British National Crime Agency (NCA) has revealed that it has seized £26.894 million ($32.75 million) in cryptocurrency. “Criminals increasingly exploited financial technology and crypto assets” that could harm “the U.K.’s economy and institutions,” said...
The IOTA Foundation Partners Walt.id to Bring Seamless Sign-In
28.7.2022
The IOTA Foundation and Walt.id have jointly committed to introducing an SSI-based login system for developers on traditional Web2 and upcoming Web3. This will enable them to onboard more users with full control over their information and data sharing options. The IOTA Foundation chose Walt.id...