Search
Coinbase to shut down Coinbase Pro to merge trading services
23.6.2022
Launched in 2018, Coinbase Pro is designed to feature unlimited trading volumes, supporting more than 250 cryptocurrencies
Russia to Trial Digital Ruble Settlements for Real Estate Deals
23.6.2022
The Central Bank of Russia and participating commercial banks want to test various types of payments with the digital ruble, the Russian press reported. The plan is to experiment with smart contracts and transactions related to real estate and crypto asset purchases. Bank of Russia to Launch Smart...
LBank Exchange Continues to Hire Amid the Massive Crypto Job Cuts
23.6.2022
PRESS RELEASE. Cryptocurrency exchange LBank has continued to hire more crypto and blockchain talents as well as interns for its global offices. Against the backdrop of extreme volatility in the crypto market and investors dumping risky assets, as well as certain crypto firms laying off employees...
Billionaire Seth Klarman: I Can’t See the Point of Crypto — Nobody Needs to Own It
23.6.2022
Billionaire investor Seth Klarman says he cannot see the point of crypto. “I don’t think anybody needs to own it. It just seems to me that it could end up very much in tears,” he added. Seth Klarman on Crypto Investing, Gold, and U.S. Dollar American billionaire investor...
BIS Says Crypto Weaknesses Have Materialized Following Market Sell-Off
23.6.2022
The Bank of International Settlements (BIS), the global body for central banks, claims the weaknesses in crypto that were pointed out before “have pretty much materialized.” BIS General Manager Agustin Carstens opined: “You just cannot defy gravity … At some point,...
Russian Ministry of Finance Says There’s No Place for Crypto in Oil Trading
23.6.2022
The Russian finance ministry has cast doubt on talk of the nation selling oil for crypto – but claims that blockchain-powered tokens could play an “alternative” role in the business dealings of smaller-scale exporters....
Read More: Russian Ministry of Finance Says There’s No Place for Crypto...
Canadian regulator takes enforcement actions against Bybit and Kucoin
22.6.2022
"Bybit responded to the OSC’s enforcement action, maintained an open dialogue, provided requested information, and committed to engaging in registration discussions," said the OSC
Nexo Eyes Potential M&A Targets as Crypto Market in ‘State of Fear’
22.6.2022
As the crypto market has entered “a state of fear,” and “nobody can say” whether the bottom is already behind us, major crypto lender Nexo (NEXO) is eyeing possibilities to acquire troubled companies, according to its co-founders....
Read More: Nexo Eyes Potential M&A Targets as Crypto Market...
dYdX moves to Cosmos-based blockchain for V4 to optimize decentralization and trading flow
22.6.2022
The protocol chose Cosmos as a best fit as it would not only need decentralization but also the ability to handle and scale 1,000 orders per second
Wechat to Prohibit Accounts From Providing Some NFT and Crypto Services
22.6.2022
Tencent’s Wechat intends to impose penalties on public accounts facilitating secondary trading of NFTs, a press report has revealed. Accounts offering transaction channels and guidance for cryptocurrencies have also been targeted by the new rule. Popular Chinese App to Impose Restrictions...
Celsius’ crisis exposes problems of low liquidity in bear markets
22.6.2022
Third-party custodians like Celsius failing is a reminder of one of the most basic principles of crypto; not your keys, not your coins
Binance-owned Trust Wallet adds buy option via Binance Connect
22.6.2022
Binance's self-custodial crypto wallet Trust Wallet now allows buying more than 200 digital assets with 40 fiat currencies via Binance Connect, formerly known as Bifinity
A Highlight of the Crypto Bear Market Cycles: Will NFTs & Metaverse Be the Winners of the Next Bull Run?
22.6.2022
Is the crypto market currently in a bear market? This question has caused a divided opinion within the community; some stakeholders are convinced that we are at the beginning of crypto winter, while others believe it is a mere correction due to macroeconomic factors. That said, anyone who has been...
Gate.io Suspends SWINGBY Trading to Support ERC20 Swap
22.6.2022
Through its official Twitter handle, Gate.io announced its support for Swingby Protocol. The exchange will begin suspending all deposits and tradings for SWINGBY from June 22 in preparation for the swap. The platform will have entirely removed the support for SWINGBY BEP9 tokens by June 30. Swingby...
Launch Date of Vasil Hard Fork From Cardano Rescheduled
22.6.2022
On June 22, Cardano announced postponing the Vasil hard fork upgrade. The news from the main developer of Cardano Input Output reported that the launch would be delayed by nearly a month and is slated for the last week of July. The upgrade was supposed to roll out four new network enhancements...
New Philippines Central Bank Governor: Crypto Investors Are Adherents of the Greater Fool Theory
22.6.2022
The incoming governor of the Philippine central bank, Felipe Medalla, has suggested that people that invest in cryptocurrencies like bitcoin are adherents of the Greater Fool Theory. He also argued that people investing in cryptocurrencies are doing so because they want to “hide their money...
Amid Looming Euro Zone Economic Downturn, ECB's Lagarde Worries About Crypto, DeFi
22.6.2022
While the 19 euro-using European Union countries face a gloomy economic outlook, European decision-makers are worried about the potential negative impact of cryptoassets and decentralized finance (DeFi) on the bloc’s financial stability -- and per Christine Lagarde, President of the European...
Crypto brokerage FalconX raises $150M at $8B valuation
22.6.2022
FalconX is the latest cryptocurrency firm to secure millions of dollars in fresh funding despite the cryptocurrency markets experiencing a major decline
Crypto.com scores approval from Singapore finance regulators
22.6.2022
The cryptocurrency exchange will get a Major Payment Institution License from the country’s top financial regulator
Ukraine Raises Over $100,000 From Cryptopunk NFT Sale
22.6.2022
The government of Ukraine has sold a Cryptopunk NFT donated in support of the war-torn country a few months ago. The token has been purchased by an unidentified buyer who spent more than $100,000 in ethereum for the collectible, the country’s digital transformation ministry said. Ukraine...