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European regulator releases consultative paper on MiCA standards for crypto asset service providers
12.7.2023
The European Securities and Markets Authority will release three consultations as it fulfills its mandate under MiCA regulations
Top Stablecoins See Steady Decline Over Past Month as Dollar-Pegged Token Economy Shrinks
12.7.2023
The top stablecoins have continued to see redemptions over the past 30 days as the dollar-pegged crypto economy currently hovers at $127.32 billion on July 12. The stablecoin BUSD’s supply has dropped below the 4 billion mark as the token’s number of coins in circulation has fallen...
Best Crypto to Buy Now 12 July – Conflux, SingularityNET, Fetch.ai
12.7.2023
Despite softer-than-expected US headline and core inflation numbers for June, which weighed heavily on the US dollar and US yields whilst also pushing up US equity markets as Fed tightening bets ease, crypto markets have failed to rally.
Bitcoin (BTC) was last near $30,500 and ether (ETH) was last...
Here's How This PEPE Price Trade Made a Crypto Millionaire
12.7.2023
Pepe Coin, the Pepe the Frog-themed meme coin that exploded back in April, made near instant millionaires.
What was so amazing it that many millionaires were created despite only putting very small initial investments into the $PEPE token.
For example, a Twitter user going by the name of lyx.eth...
Elon Musk's New ChatGPT Competitor Boosts AI-Related Crypto Tokens
12.7.2023
Tokens such as AGIX and FET saw modest bump after Musk announced new Artificial Intelligence (AI) company "xAI" to take on ChatGPT
Former CFTC Chair: Crypto Regulations Must Not Wait for Litigation, Standards Needed Today
12.7.2023
A crackdown on the crypto industry in the US should not wait for litigation in courts to conclude, but instead move forward with temporary restraints while the courts do their work, a former regulator has said.
Speaking with CNBC on Monday, Timothy Massad, former chairman of the Commodity Futures...
Mr Hankey Meme Coin Goes Viral as South Park-Related Tokens Take Off – Here's How to Buy Early
12.7.2023
A brand-new meme coin themed on South Park’s Mr Hankey, a sentient, jolly piece of feces and the cartoon’s former Christmas deity, has been going viral in the last few days.
Mr Hankey Coin, which is proudly marketing itself as the crypto industry’s best shitcoin, is launching a stealth presale...
Singapore's Investment Conglomerate Temasek Drops Crypto Investment Plans Citing Regulatory Uncertainties
12.7.2023
Singaporean investment conglomerate Temasek has decided to drop its plans to invest in crypto exchanges, due to regulatory uncertainties.
In an interview with CNBC, Temasek’s Chief Investment Officer Rohit Sipahimalani revealed the bitter experience of writing down its entire $275 million...
Can Crypto Match the Internet and Hit 5B Users?
12.7.2023
While early growth in both spaces has been eerily similar, don’t get too excited about crypto’s future
Crypto Analysts Can Learn Something From Baseball
12.7.2023
Searching for crypto’s future stars among young prospects
Crypto scams are down 77% — but this exploit is making a huge comeback
12.7.2023
Attackers of this kind are supposedly "big game hunting” large-scale organizations with deep pockets to extract ”the most money possible” out of these firms
Today in Crypto: Celsius Sues StakeHound Over $150M in Assets, US Finance Committee Asks Crypto Industry for Opinions, Russia's Duma Passes Digital Ruble Bill, Stablecoins are 'Existential Threat to Policy Sovereignty'
12.7.2023
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: Celsius Sues StakeHound Over $150M in Assets, US Finance Committee Asks Crypto Industry for Opinions...
Is It Too Late to Buy Solana? SOL Price Pumps Up 18%, and AI Crypto Signals Platform yPredict Approaches $2.9 Million
12.7.2023
Solana's native token, $SOL, is signaling positive market sentiment and has increased above the $18 price level.
Based on data from CoinMarketCap, the digital asset has experienced a remarkable 18% increase over the past few days as it hovers at a $22 price mark.
This surge has generated...
Coinbase Adds Ability to Direct Message Any Ethereum Address
12.7.2023
The new messaging feature will let any two Ethereum addresses talk to each other
Exclusive forum for DLT, Blockchain, and crypto leaders & investors at Crypto Gibraltar 2023
12.7.2023
Crypto Gibraltar 2023 (www.cryptogib.gi) will be a very unique event. The true value of any corporate event is the platform it offers to build new relationships and cement existing ones. That doesn’t happen when sitting in an audience. It happens when there are opportunities to discuss...
EU ‘Understands the Benefits of Having One Crypto Market’, Says Blocktrade CEO Christian Niedermüller
12.7.2023
The EU's comprehensive work on regulating the industry will provide numerous benefits to crypto companies and their customers, argued Christian Niedermüller, CEO of the fully regulated crypto platform Blocktrade, in an interview with Cryptonews.
However, it will also create certain difficulties...
South Korea To Require Firms To Disclose Crypto Holdings Starting 2024
12.7.2023
South Korean firms that hold or issue cryptocurrencies will be required to disclose information about their transactions to the financial regulator starting next year.
The Financial Services Commission (FSC) of South Korea announced Tuesday that domestic companies that engage with crypto will have...
Bank for International Settlements Rejects Crypto as Money in Report to G20
12.7.2023
A new report from the Bank for International Settlements (BIS) has pointed to “inherent structural flaws” in crypto as the reason why it will never become money.
In the report, the BIS made it clear that it believes crypto has problems related to its “stability and efficiency,” while also...
Crypto Criminals Stealing Much Less Money in 2023: Chainalysis Report
12.7.2023
Crypto crimes are raking in far less revenue this year due to a dry-up among hacks and scams, according to Chainalysis
Russian Parliament Passes Vital “Digital Ruble” Legislation With Plans To Start Tests In August
12.7.2023
As momentum builds around the ‘digital ruble’, the proposed Central Bank Digital Currency (CBDC) of the Russian Federation, the country’s parliament has inched closer to the landmark legislation.
On July 11, the lower parliamentary house, the State Duma passed the bill in its third reading taking...