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Crypto Crashes and Climate Chaos: FDIC Highlights Key Banking Risks in 2023
15.8.2023
The U.S. Federal Deposit Insurance Corporation (FDIC) flagged escalating risks from cryptocurrencies in its annual review of risks facing the banking industry. FDIC: Cryptos and Climate Top Risk List for Banks in 2023 Cryptocurrencies present “novel and complex risks” that are difficult...
G20 Set to Crystalize Global Crypto Rules as India Wraps Up Presidency
15.8.2023
G20 nations are set to crystalize crypto policies, the closest we may have come to globally coordinated rules for the industry. India has been at the helm of the efforts as the current president of the G20 and is likely to celebrate the progress during the Leaders' Summit in September
11 potential impacts on crypto and the market from the rise of CBDCs
15.8.2023
The ultimate impacts of CBDCs on the crypto industry may be a mixed bag of positives and negatives, and insiders need to monitor developments
Can New Crypto Presale Sonik Coin 50x? This Stake to Earn Meme Coin Expects a Race to $100M MCAP
15.8.2023
Tuesday, August 15, 2023 – Sonik Coin is the newest meme coin cryptocurrency, and it aims to be the fastest crypto to reach a $100 million market cap.
Inspired by the Sonic the Hedgehog character, Sonik is a riotously funny meme coin with a difference – it is a stake-to-earn coin where depositors...
Today in Crypto: ETFs 'May Account for 10%' of BTC Market Value in 3 Years, Jacobi Lists Europe's 1st Spot Bitcoin ETF, Binance Asks for Protective Order Against the US SEC, Dasset Exchange Begins Liquidation
15.8.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: ETFs 'May Account for 10%' of BTC Market Value in 3 Years, Jacobi Lists Europe's 1st Spot Bitcoin...
From Crypto Custodian to Court: Prime Trust Files for Bankruptcy Protection
15.8.2023
In the wake of financial upheavals and regulatory hurdles, Prime Trust, a digital currency custodian, has formally sought Chapter 11 bankruptcy protection. This move closely follows the appointment of John Guedry as the company’s overseer, bolstered by a designated committee to steer...
Big Questions: Did the NSA create Bitcoin?
15.8.2023
Is Bitcoin the biggest intel honeypot in history? A former NSA agent says “they absolutely have the capability” but others ridicule the idea
LBank Revives IEO: A Look at the IEO Powerhouse LBank and its Historical Yields
15.8.2023
As the cryptocurrency market has witnessed a decline for over a year, many investors have chosen to liquidate their assets or move to alternative markets. However, 2023 has painted a different picture, positioning cryptocurrency as one of the best-performing investments. According to CoinMarketCap...
Is It Too Late to Buy Hedera? HBAR Price Rockets Up 20% and AI Crypto Signals Platform Launchpad xyz Can Find the Next Coin to Pump
15.8.2023
Hedera Hashgraph (HBAR) has exploded following the announcement that FedNow will be integrating Hedera via the Dropp dApp, but with price rocketing up +20% - is it too late to buy Hedera?
The integration announcement comes amid a wave of project growth news from Hedera, with big names like...
Dubai Offers Web3 and AI Firms A 90% License Fee Cut, Seeks To Host Largest Tech Firms In MENA
15.8.2023
Dubai has announced a 90% registration subsidy for web3 and Artificial Intelligence (AI) companies seeking operational licenses in the city as it seeks to create the largest pro-tech hub in the Middle East and North African Region (MENA).
Dubbed the Dubai AI and Web3 Campus, the city rolled out...
Stanford School Newspaper Highlights the Irony of Sam Bankman-Fried’s Scheduled Stanford Talk on Ethics Amidst Legal Chaos
15.8.2023
Sam Bankman-Fried (SBF), a once towering figure in the crypto world and former FTX CEO, was curiously slated to share his insights on tech ethics with Stanford students this winter. In a thorough examination penned by Theo Baker for the Stanford Daily, the details of SBF’s multifaceted...
New Zealand Crypto Exchange Dasset Begins Voluntary Liquidation, Customer’s Assets Frozen
15.8.2023
An Auckland-based crypto exchange Dasset has apparently gone into liquidation, denying hundreds of customers from accessing their assets.
According to a report by local media The Herald, customers are desperate to assess their trapped funds and the firm has been unresponsive to their...
Prime Trust bankruptcy spotted by crypto community months ahead
15.8.2023
Months before Prime Trust filed for Chapter 11 bankruptcy, online sleuths in the crypto community were on the case and continue to follow the money
The Secular Investment Case for Bitcoin and Crypto Adoption Remains Intact: Coinbase
15.8.2023
The combined effect of expansionary fiscal and monetary policies should support bitcoin long term as a hedge against fiat debasement and profligate spending, the report said
Wall Street Base Token Blasts Up 1,000% and Crypto Whales Say Wall Street Memes is the Next Crypto to Explode – $25 Million Approaching Fast
15.8.2023
As the Wall Street Movement continues to remain a force within crypto markets, Wall Street Base (WSB) has become the latest DEX token to undertake a sensational pump on launch.
With origins in the Occupy Wall Street Movement, anti-bank sentiment has grown into a market force to be reckoned with...
Coinshares CSO Meltem Demirors Says Crypto Has Increasing Political Power – Here's the Latest
15.8.2023
CoinShares Chief Strategy Officer (CSO) Meltem Demirorsas believes crypto is gaining more and more power in Washington, becoming a political powerhouse.
In a recent interview with Bloomberg, Demirorsas said crypto has evolved to become a global industry from a small niche community with different...
New Zealand crypto exchange Dasset enters liquidation
15.8.2023
Customers of Auckland-headquartered crypto exchange have been denied access to their funds
What are crypto-backed mortgages, and how do they work?
15.8.2023
Crypto-backed mortgages involve using cryptocurrency holdings as collateral to secure loans, offering benefits like access to liquidity without selling assets
‘Evidence is piling’ for a new crypto bull run: Delphi Digital co-founder
15.8.2023
Delphi Digital co-founder Kevin Kelly believes a recent change in a key U.S. manufacturing business index could be one of the bellwethers for a crypto bull run
Coinbase Launches in Canada — Executive Says Canada ‘Well Positioned’ to Be a Global Leader in Crypto Economy
15.8.2023
Nasdaq-listed crypto exchange Coinbase has officially launched in Canada with new offerings to “make cryptocurrencies more accessible to millions of Canadians.” A Coinbase executive stated: “Canada is well positioned to be a global leader in the cryptoeconomy.” Coinbase...