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BlackRock CEO Larry Fink Talks Up Crypto Demand From Gold Investors
14.7.2023
The CEO of $8.5 trillion asset manager BlackRock (BLK) said "more and more" gold investors have been asking about the role of crypto over the last five years
Today in Crypto: Multichain Halts Operations Due to Lack of Funds and CEO's Arrest, Indonesia to Launch National Crypto Exchange This Month, US SEC Acknowledges Bitwise's Spot BTC ETF Application
14.7.2023
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: Multichain Halts Operations Due to Lack of Funds and CEO's Arrest, Indonesia to Launch National Crypto...
The Fall of Multichain: A Tale of Unexpected Turbulence and Security Breaches
14.7.2023
In an unforeseen chain of events that unfolded between May and July 2023, the CEO of Multichain, Zhaojun, was apprehended by Chinese authorities, destabilizing the blockchain project. The situation escalated when user assets began to be transferred to unknown addresses. From Seizure to Shutdown:...
Bitget Crypto Exchange Announces Debt-Free Status and $1.44 Billion Reserves in July Report
14.7.2023
The crypto exchange Bitget has announced that its reserves have reached a massive $1.44 billion, and that it is officially debt-free.
According to the Bitget’s announcement, the exchange’s overall reserve ratio now stands at 223%, more than twice the standard 100% (or 1-to-1) backing that...
Bitcoin, Ethereum Technical Analysis: Bitcoin Hits 14-Month High, Following Ripple Ruling
14.7.2023
Bitcoin rose towards the $32,000 mark late on Thursday, as markets reacted to the news that a U.S. judge ruled that XRP was “not necessarily a security on its face.” The ruling was well received by the crypto world, and raised optimism that other crypto companies who are currently...
XRP Overtakes BNB To Fourth Largest Crypto Spot, BTC Trades Above $31k As Bulls Dominate The Market
14.7.2023
Digital asset payment network, Ripple (XRP) has surged over 60% in the past 24 hours following its partial victory against the Securities and Exchange Commission (SEC), putting an end to the three-year-long suit.
Since the ruling, the cryptocurrency market has recorded a $73.5 billion increase...
How the Celsius Affair Plays Into the U.S. Crypto Regulatory Debate
14.7.2023
The arrest of the crypto lender’s co-founder and ex-CEO Alex Mashinsky comes as lawmakers and regulators squabble over new rules for the sector
US Congressman Ritchie Torres Pushes for an Independent Investigation into the SEC’s Handling of Crypto
14.7.2023
US Congressman Ritchie Torres recently requested for two separate independent investigations into the US SEC.
According to two open letters that Rep. Torres sent, the Securities and Exchange Commission has expressed a “haphazard and heavy-handed approach to digital assets.”
The Congressman...
Indonesia to launch crypto exchange in July: Report
14.7.2023
Once launched, Indonesia’s national crypto exchange will be the only platform allowing crypto transactions, the local regulator said
Bitcoin's Crypto Market Dominance Slides by Most in 13 Months as XRP Court Ruling Spurs 'Alt Season' Talk
14.7.2023
Bitcoin's share of the crypto market tanked on Thursday while altcoins rallied after a U.S. court threw a spanner in the SEC's plans to regulate digital assets
TATE 2.0 Blasts Up 30,000% on DEXTools But Experts Say It's a Scam and This Lesser Known Project is the Next Crypto to Explode
14.7.2023
TATE 2.0 has become the latest new meme token to post ridiculous gains this year, with the coin gaining by more than 32,000% in the past 24 hours.
Unfortunately, such a surge has been overshadowed by its labeling as a "scam" by DEXTools, with analysis revealing that the meme coin's smart contract...
Indonesia's Financial Services Authority Appoints Hasan Fawzi as Head of Fintech and Crypto Oversight
14.7.2023
Indonesian financial services watchdog appointed Hasan Fawzi, a former Indonesia Stock Exchange executive, as the head of fintech and digital assets oversight and innovation.
Fawzi has served as the Director at Indonesia Bond Pricing Agency (IBPA) since 2008, which is a licensed securities...
Crypto Bridging Protocol Multichain Ceases Operations After CEO, Sister Detained in China
14.7.2023
Multichain said it has been forced to take the action "due to lack of alternative sources of information and corresponding operational funds."
How to use index funds and ETFs for passive crypto income
14.7.2023
Index funds and ETFs offer attractive options for passive income investing, providing investors with diversified exposure to various crypto assets
XRP Ruling a ‘Landmark’ Judgment, Weakens SEC's Stance Against Crypto: Bernstein
14.7.2023
The court’s decision weakens the SEC’s stance that the securities law is clear and no separate clarity is required for digital assets, the report said
Congressman Torres Calls for Investigation Into SEC Over its Approach to Crypto
14.7.2023
Congressman Ritchie Torres has asked for two separate independent investigations of the U.S. Securities Exchange Commission (SEC) for its "haphazard and heavy-handed approach to digital assets."
Sam Altman's Worldcoin passes 2M sign-ups after months of touring
14.7.2023
Worldcoin surpassed two million sign-ups to World ID in less than half the time it took to reach one million
Sam Bankman-Fried wants 'close friends' to visit without a security pat down
14.7.2023
Under bail conditions, only Sam Bankman-Fried’s lawyers are exempt from security checks, now they've asked if this can be extended to “close friends."
Spot Volumes Rise on Centralized Exchanges but Traffic Falls Further, Report
14.7.2023
Spot and futures trading volumes on centralized crypto exchanges (CEXs) have increased in June, a new report shows. At the same time, website traffic to major trading platforms for digital assets continued to decline, according to the study which also tracks its geographical distribution. Spot...
Circle CEO spells doom scenario for US dollar in warning to Congress
14.7.2023
Jeremy Allaire claimed the U.S. dollar is “under threat” and urged lawmakers to pass stablecoin regulation to “build trust” in a digital dollar