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Bank of Korea to Exclude Seoul From CBDC Pilot Study Next Year: Report
31.7.2023
Jeju, Busan and Incheon are in the running to be considered
Wagner Rebellion Triggered Surge in Ruble-Tether Crypto Trading Amid Currency Turmoil
31.7.2023
Russian private military company Wagner Group’s march towards Moscow in June triggered a 277% surge in trading volume between the stablecoin Tether (USDT) and the Russian fiat currency.
The huge rise in trading volume occurred as Russian traders sought safety from a depreciating Russian ruble...
Is It Too Late to Buy Bitcoin Cash? BCH Price Spikes Up 4% as Green Crypto Chimpzee Surges Past $1 Million
31.7.2023
Bitcoin Cash (BCH) is once again on the climb, after a strong consolidation period sets stage for latest push-up, but how high could BCH go - find out in BCH price analysis.
So far Bitcoin Cash holders have endured a tumultuous July, with price action bleeding out -18.4% in a month long...
Crypto Mining Hardware Retailer Phoenix Technology Considers Public Listing in UAE
31.7.2023
Leading cryptocurrency mining hardware provider, Phoenix Technology, based in the United Arab Emirates (UAE), is reportedly in preliminary discussions to conduct an initial public offering (IPO) in the country.
As per anonymous sources cited in a Bloomberg report, the discussions are ongoing,...
Crypto Hacks and Exploits Cost Traders $303M in July; Worst Month of 2023
31.7.2023
Some $52 million of assets were siphoned from Curve Finance just this weekend
Report: SEC Asked Coinbase to Delist All Crypto Assets Except Bitcoin Prior to Filing Lawsuit
31.7.2023
According to Brian Armstrong, the CEO of crypto exchange Coinbase, the U.S. securities regulator reportedly told his company to delist all digital assets save for bitcoin. Armstrong said acceding to the SEC’s demand would have “meant the end of the crypto industry in the U.S.”...
First Mover Americas: Curve Finance Exploit Puts More Than $100M of Crypto at Risk
31.7.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for July 31, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Crypto Firms Raised $129M Last Week, Led by Flashbots
31.7.2023
The startup, focused on maximal extractable value (MEV) in blockchain transactions, raised $60 million in funding
Ethereum-Based Casino Coco Achieves $36 Million Transaction Volume On Launch
31.7.2023
Crypto casino platform Coco records a staggering debut as it nets over $36 million within 12 hours according to data on Etherscan.
The project launched on the Ethereum blockchain inspired by the Milady NFT project which has attracted many users with recent releases.
The staggering growth of...
Crypto Catalysts: Jobs Data to Highlight the Week’s Macro Releases
31.7.2023
Among other reports, investors will be eyeing ADP’s private sector jobs total, which last month, soared beyond expectations, a concern for central bankers and other inflation watchers
Curve DAO is Going to Zero After Blockchain Exploit and AI Crypto Analytics Platform yPredict Just Raised $3.2 Million – How Does it Work?
31.7.2023
Markets have been fuelled with anxiety this morning, after a tumultuous cyber exploit on the weekend which saw multiple Curve liquidity pools raided for $47m.
Cyber security experts have now traced the source of the issue back to vulnerabilities in the Vyper (programming language) smart contracts...
Australian Lender Bendigo Bank Blocks “High-Risk” Crypto Payments
31.7.2023
Bendigo Bank, an Australian financial institution, has announced new rules targeting “high-risk” instant payments to crypto exchanges.
Announced Monday, the bank has blocked crypto transactions in a move to further enhance protection for the customers from fraud and financial crimes, Bendigo noted...
The Shiba Inu Price Exploded 1,000,000% in a Few Weeks, Will New Crypto Launch Shibie Be a Trending Meme Coin?
31.7.2023
The price of Shiba Inu (SHIB) has dropped by 1% in the past 24 hours, with its fall to $0.00000840 coming as the cryptocurrency market as a whole moves sideways today.
SHIB is now up by 7.5% in the last seven days and by 10% in the last 30, yet the meme token is up by only 3.5% since the beginning...
Fantasy-Sports Firm Sorare Looks to Increase Appeal by Diluting Crypto Association
31.7.2023
While Sorare has over 4 million registered users, it is looking to fuel further growth by adding support for the U.S. dollar, euro and British pound
HSBC-Owned Hang Seng Bank Limits Crypto Companies to ‘Simple’ Accounts: Report
31.7.2023
The report comes as Hong Kong’s Monetary Authority (HKMA) reminds banks that there is no ban on offering crypto companies accounts
Japan Blockchain Association Urges Tokyo to Overhaul Crypto Tax System
31.7.2023
An industry organization in Japan has suggested that the government should reform taxation rules for crypto assets and transactions. Its members are convinced that the current tax regulations hinder growth of the Web3 economy in the country and discourage taxpayers from holding and using...
Borneo authorities seize illegal crypto miners running off stolen power
31.7.2023
A Malaysian energy supplier uncovered an illegal cryptocurrency mining operation stealing power from the local grid on the island nation of Borneo
Binance's Activities Are Illegal in Nigeria, Securities Regulator Says
31.7.2023
The regulator also ordered all crypto platform providers to stop reaching out to Nigerian investors
Binance to offer crypto broker-dealer services in Dubai with new license
31.7.2023
Binance is now officially allowed to offer crypto services to institutional and qualified retail investors in Dubai
Crypto companies raise $44M for Web3 & Blockchain scalers
31.7.2023
Some crypto companies, put together, have managed to raise for themselves the amount of $44 million in funding. However, Hi seems to have beaten them all by managing to acquire funding from Animoca Brands to the tune of $30 million. In the case of Hi, it is known to have an entire array of products...