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Coinbase Criticizes SEC for Ineffective Cryptocurrency Regulations
21.7.2022
The exchange filed a petition to the commission highlighting its complaints about the current regulatory framework
US Lawmaker Slams SEC for Not Regulating in Good Faith — ‘Under Chair Gensler, SEC Has Become Power-Hungry’
21.7.2022
A U.S. congressman has slammed the Securities and Exchange Commission (SEC) and Chair Gary Gensler for cracking down on companies outside the SEC’s jurisdiction. The SEC “is not regulating in good faith,” he said, adding that “Under Chair Gensler, the SEC has become...
Hardware wallet industry to outstrip crypto exchanges: Report
21.7.2022
Global crypto exchange revenue is estimated to grow at a 13% CAGR by 2028, while the hardware wallet market is expected to exhibit a CAGR of 27% by 2027
US authorities arrest former Coinbase manager, alleging insider crypto trading
21.7.2022
Three people allegedly used multiple Ethereum wallets to make purchases of certain tokens in advance of at least 14 separate Coinbase public listing announcements
Crypto.com rolls out Google Pay integration as Big Tech continues to embrace crypto
21.7.2022
Google Pay users are given another avenue to cryptocurrency markets as Crypto.com integrates its payment functionality for purchases
IoTeX Stuck in a Profit Booking Loop; Will IOTX Begin an Uptrend?
21.7.2022
IoTeX is not your regular blockchain offering a host of digital services. Rather, it realizes the perception that blockchain can transform how machines interact with each other. In simple words, IoTeX allows blockchain technology to work on your machines and is not just limited to software. It...
Reserve Bank of India Is Working on ‘Phased Implementation’ of Central Bank Digital Currency
21.7.2022
India’s central bank, the Reserve Bank of India (RBI), is working on a “phased implementation of a central bank digital currency (CBDC) in both wholesale and retail segments.” Necessary amendments have been made to the RBI Act, 1934 to allow the central bank to pilot and issue...
SupraOracles Announces the Partnership With Kommunitas
21.7.2022
SupraOracles announces that it is going ahead to partner with Komminutas in a bid to enable Kommunitas to attract new members and projects that have the potential to grow in the times to come. Kommunitas will leverage the agnostic features of SupraOracles to extend its features to boost the ability...
Bitcoin, Ethereum Technical Analysis: BTC Falls, as Tesla Sells 75% of Its Holdings
21.7.2022
Bitcoin was trading lower in today’s session, as it was revealed that Tesla had sold 75% of its holdings in the cryptocurrency. The news comes following the company’s Q2 earnings call, where they confirmed converting the token into fiat currency. Ethereum was also lower on the news....
Masked Men Rob Large Crypto Mining Farm Near Moscow
21.7.2022
Armed robbers have plundered a large crypto mining facility not far from the Russian capital, local media reported. The unidentified perpetrators stole dozens of video cards in the latest incident involving theft of coin minting hardware, which has been on the rise in Russia. Unknown Attackers...
Strict Thai crypto regulation causes SCB to delay Bitkub acquisition
21.7.2022
SCB X notified the Stock Exchange of Thailand that the Bitkub acquisition is “still undergoing due diligence.”
Trade Republic, Crypto.com Register as Cryptocurrency Operators in Italy
21.7.2022
German investment platform Trade Republic and digital asset exchange Crypto.com have registered as crypto service providers in Italy. Since February, the financial authorities in Rome maintain a registry for all cryptocurrency platforms permanently operating in the country. More Companies Register...
DOJ Seizes $500K in Ransom Payments, Cryptocurrency From State-Sponsored North Korean Hackers
21.7.2022
The U.S. Department of Justice (DOJ) has seized $500K in ransom payments and cryptocurrency from a state-sponsored North Korean group. “We are returning the stolen funds to the victims,” Deputy Attorney General Lisa O. Monaco said, adding that the seized funds include ransoms paid...
Tesla Sold 75% of Its Bitcoin — Elon Musk Says ‘We Have Not Sold Any of Our Dogecoin’
21.7.2022
Tesla has converted approximately 75% of its bitcoin into fiat currency. The cryptocurrency sales left the electric car company holding digital assets worth $218 million. “We are certainly open to increasing our bitcoin holdings in the future,” Tesla CEO Elon Musk said, adding:...
FBI Warns of Fake Crypto Apps — 244 Investors Defrauded, $42.7 Million Lost
20.7.2022
The Federal Bureau of Investigation (FBI) has issued a warning about fake cryptocurrency apps defrauding investors. “The FBI has identified 244 victims and estimates the approximate loss associated with this activity to be $42.7 million,” said the U.S. law enforcement agency....
Crypto firms facing insolvency 'forgot the basics of risk management' — Coinbase
20.7.2022
“The issues here were foreseeable and actually credit specific, not crypto specific in nature,” said three department heads at Coinbase
FTX and FTX US seek even more funding following acquisitions: Report
20.7.2022
Both the major crypto exchange and its U.S. arm closed on separate $400 million funding rounds in January
Crypto Exchange Zipmex Halts Withdrawals Citing Market Conditions, Financial Difficulties of Business Partners
20.7.2022
Cryptocurrency exchange Zipmex has halted withdrawals due to “volatile market conditions, and the resulting financial difficulties of our key business partners.” The exchange operates in Singapore, Australia, Indonesia, and Thailand. Zipmex Pauses Withdrawals Crypto exchange Zipmex...
South Korean authorities raid 15 entities linked to Terra collapse: Report
20.7.2022
The Seoul Southern District Prosecutors Office reportedly raided the offices of crypto exchanges Upbit, Bithumb, Coinone, Korbit and Copax, among others on Wednesday
Introducing User-Centric BKEX Exchange
20.7.2022
PRESS RELEASE. BKEX (Chinese name: 币客) is a global cryptocurrency exchange that offers trading services for over 1,000 cryptocurrencies (such as Bitcoin, Ethereum, etc.). BKEX, founded in 2018 in the British Virgin Islands, is considered to be the best cryptocurrency exchange in terms of service....