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Nalezeno "Cryptocurrency": 28373

SEC Chair Gensler: Crypto Exchanges Are Trading Against Their Customers Often

12.5.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says cryptocurrency exchanges are “trading against their customers often because they’re market-marking against their customers.” He has raised concerns over crypto trading platforms...

Blackrock, Citadel, Gemini Deny Involvement in Terra Collapse

12.5.2022
The world’s largest asset manager, Blackrock, and hedge fund giant Citadel Securities have denied claims that they had a role in the fall of terrausd (UST) and terra (LUNA). In addition, crypto exchange Gemini has denied making a bitcoin loan that resulted in the terra collapse. Blackrock...

Terra (LUNA) Cryptocurrency Collapses 98% Overnight!

12.5.2022
The Terra (LUNA) price has fallen 99% within a day. It was one of the top 10 cryptocurrencies, but now its rank has fallen to 121. The market cap has also dropped by more than 76%. The price fall washed away the hard-earned money of the investors. Twitter is overflowing with the news. Many...

BOBA Token Can Now Be Used to Pay Gas Fees

12.5.2022
The BobaDAO proposed a governance protocol to allow gas fee payments in BOBA tokens earlier in April. As surprising as it may seem, the decision got a whopping million BOBAs voting in favor of it while not a single vote was cast against it. Now, the network has moved forward with the decision after...

Bitcoin ETFs Enter Australia as Crypto Market Tanks

12.5.2022
Australia recently released its inaugural crypto ETF (exchange-traded funds) amid a crypto meltdown. Assets including ETFs 21Shares ETH ETF, Cosmos Purpose BTC Access ETF, and ETFs 21Shares BTC ETF entered the local exchange. The portfolios will allow users to directly invest in digital coins....

BNB & Cronos (CRO) Drop to 6-Month Lows as Mushe (XMU) Continues to Make Significant Strides

12.5.2022
If you’ve been in the crypto market this past month, saying it’s been a difficult road is an understatement. Markets are now on a 30% slump from the start; CoinMarketCap shows that only 4% of the top 50 Cryptos have made gains in the past week. The current dip in the market is already making …

Russian Crypto Mining Giant Bitriver Considers Challenging US Sanctions

12.5.2022
Russia’s Bitriver, one of the largest operators of crypto mining data centers, may take legal action against the U.S. over the decision to place it under sanctions. The company insists it does not help the Russian government to circumvent international restrictions. Bitriver Rejects...

Crypto Exchange Coinbase Halts Service in India Due to ‘Informal Pressure’ From Central Bank RBI

12.5.2022
The Nasdaq-listed cryptocurrency exchange Coinbase has revealed that it halted operation in India a few days after launch due to “informal pressure” from the country’s central bank, the Reserve Bank of India (RBI), says CEO Brian Armstrong. Coinbase Shares Experience in India...

Shanghai High Court Declares Bitcoin Virtual Asset With Economic Value Protected by Chinese Law

12.5.2022
The Shanghai High People’s Court has declared bitcoin to be a virtual asset protected by Chinese law. The court notes that the cryptocurrency has economic value. Bitcoin Is Property Protected by Law in China The Shanghai High People’s Court has declared that bitcoin qualifies as...

South Korean Court Gains Support from Exchanges in Bid to Include Crypto in Bankruptcy Cases

12.5.2022
South Korea’s judiciary is set to include crypto holdings in lists of debtors’ assets in bankruptcy cases – and the nation’s leading crypto exchanges have agreed to cooperate with courts on the matter.... Read More: South Korean Court Gains Support from Exchanges in Bid to Include Crypto...

‘Dr. Doom’ Nouriel Roubini to Launch Tokenized Dollar Replacement — With Payment and ESG Features

12.5.2022
Economist Nouriel Roubini, a crypto skeptic known as “Dr. Doom,” is developing a tokenized asset intended to be a more resilient U.S. dollar. “Our goal is to create a global store of value … This is something akin to a substitute for Treasuries, or a digital asset that...

Citi, Wells Fargo, BNY Mellon Invest in Crypto Firm Talos as Institutional Adoption of Digital Assets Accelerates

11.5.2022
Several major financial services firms, including Citi, Wells Fargo, and BNY Mellon, are investing in institutional digital asset technology provider Talos, which aims to remove “the barriers to wide-scale crypto adoption.” The latest funding round values the company at $1.25 billion....

Bitcoin fights to hold $29K as fear of regulation and Terra’s UST implosion hit crypto hard

11.5.2022
Bitcoin leverage traders show little interest in going long even as BTC price flirts with new lows below $29,000

Independent Russian News Site Meduza Raises Over $200,000 in Crypto

11.5.2022
Pressure from the Kremlin and sanctions from the West have forced Russian news outlet Meduza to increasingly rely on cryptocurrency donations to fund its independent journalism. As the restrictions imposed over Moscow’s invasion of Ukraine have prevented its Russian readers from contributing...

AMC Calls Crypto Adoption a ‘Massive Home Run,’ but Wary of Regulatory Challenges of Coin Issuance

11.5.2022
The American entertainment industry giant AMC Entertainment Holdings has expanded on its crypto and non-fungible token (NFT) plans – claiming that it has “eight different NFT programs that either already have been launched or are in the works,” but adding that it will only press ahead with...

FTX US applies for trust charter in New York

11.5.2022
Crypto exchanges Coinbase and BitGo have previously received trust charters from New York's financial regulator, allowing the firms to offer crypto custody services

Biggest Movers: SOL, NEAR, and AVAX Drop More Than 20% Lower on Wednesday

11.5.2022
Solana, NEAR and AVAX were all trading over 20% lower on Wednesday, as global crypto markets continued to fall on hump-day. The cryptocurrency market cap is currently down 6.35%, as traders continued to digest the recent crash in the price of LUNA and UST. Solana (SOL) Solana was down by over...