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Crypto Startup Hourglass Starts Unique Marketplace to Trade Locked Up DeFi Assets
15.5.2023
The company raised $4.2 million in seed round, led by ElectricCapital
G-7 Unpacks Crypto Regulation and CBDCs in Latest Meeting
15.5.2023
Finance ministers representing some of the world’s seven most influential economies discussed their commitment to regulating crypto-assets and exploring central bank digital currencies during a Saturday meeting in Japan.
The Group of Seven, or G-7, called for regulation, monitoring and oversight...
South Korean authorities raid Upbit, Bithumb crypto exchanges after political scandal
15.5.2023
The raids came as a local lawmaker stepped down from politics amid accusations of allegedly selling millions in cryptocurrency before new laws were enforced
Today in Crypto: Samsung Reportedly Partners with Bank of Korea on Offline CBDC Payments, G7 Discussing Crypto, China to Train 500,000 Blockchain Professionals
15.5.2023
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: Samsung Reportedly Partners with Bank of Korea on Offline CBDC Payments, G7 Discussing Crypto, China...
South Korea Probes Crypto Exchanges Upbit, Bithumb on Ex-Lawmaker's Transfers
15.5.2023
Lawmaker Kim Nam-kuk resigned from the opposition party after his crypto transfers incited controversy
Bankrupt Crypto Lender Celsius Transfers $75M of Ether to Staking Service Figment
15.5.2023
The maneuver represents one of the largest transfers of funds for Celsius Network since it filed for bankruptcy protection in July
Homer Simpson Token Price Blasts Up 60,000% in 7 Days and Experts Believe This AI Meme Coin is the Next Crypto to Explode – $7.5 Million Raised Already
15.5.2023
In an unexpected twist in the crypto universe, $HOMER, the cryptocurrency named after the iconic Homer Simpson character, is making waves.
Coined as the inaugural "DOH coin," this decentralized asset was designed solely for fostering a warm and vibrant community, with its creators affirming...
South Korean lawmaker leaves political party amid crypto investment controversy
15.5.2023
A lawmaker allegedly sold over $4 million in cryptocurrency prior to the country's enforcement of the "Travel Rule" by the Financial Action Task Force
G-7 Finance Ministers Discuss Crypto Regulation Ahead of Japan Summit Next Week
15.5.2023
Representatives for the seven advanced economies signaled a commitment to following norms set by standard-setters FSB and IMF on crypto and central bank digital currencies
SEC Seeks to Slash $22M Fine on Crypto Firm LBRY to $111K
15.5.2023
A U.S. judge ruled in November that the crypto startup had violated securities laws by selling its native LBC token without registering with the SEC
US Crypto Firms Migrate to Bermuda Amid Regulatory Concerns
15.5.2023
Crypto companies are increasingly turning away from the US in search of clear digital asset regulations, and some of the major companies are finding a home in Bermuda. Still, some experts warn that this may be a short-term solution as the issues in the land of the free are not getting...
U.S. DOJ's Crypto Enforcement Director Promises Crackdown on Illicit Behavior on Crypto Exchanges: FT
15.5.2023
Eun Young Choi said the DoJ is targeting crypto exchanges that allow "criminal actors to easily profit from their crimes and cash out,"
South Korean Politician Quits Party Over Crypto Scandal
15.5.2023
A member of the South Korean parliament is leaving his party amid mounting allegations of massive crypto investments inconsistent with his frugal public image. The controversy, which has caught the attention of the Korean society, involves accusations of conflict of interest and other...
Binance leaves Canada amidst new crypto rules
15.5.2023
Binance holds a prominent position across the globe in terms of crypto exchange platforms. Needless to say, the community expects things to work out in its favor every time, no matter the geographical region. However, if the recent announcement by the platform is anything to go by, then it appears...
Latam Insights: Bolivia Mulls Chinese Yuan for Trade Settlements, Steve Hanke Proposes 30-Day Solution for Venezuelan Inflation
15.5.2023
Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue, Bolivia mulls using the Chinese yuan in international trade settlements, inflation reaches 108.8% in Argentina, and Steve Hanke states he...
Zimbabwe sells millions of gold-backed crypto tokens despite IMF warning
15.5.2023
The Reserve Bank of Zimbabwe’s first gold-backed cryptocurrency sale has been a success
SEC revises $22M punishment against LBRY, seeks $111K instead
15.5.2023
The SEC originally wanted LBRY to pay millions of dollars in penalties, but now concedes the defunct firm can’t pay up that amount
Musk on ‘Massive Incentive’ to Get Money Out of Banks, Dave Ramsey Dismisses De-Dollarization Fears, BTC Network Congestion Eases, and More — Week in Review
14.5.2023
Twitter CEO Elon Musk has shared what he calls a “massive incentive” to get money out of bank accounts, noting “bank depositor flight will accelerate to extreme levels, even for banks that are ‘too big to fail.’” Personal finance coach and author Dave Ramsey, for his part, thinks...
Crypto trading legend’s integration, boost TMS Network & challenging Cardano & Dogecoin
14.5.2023
A crypto trading legend is making waves in the industry by exploring U.S. Treasurys integration, which could potentially boost TMS Network (TMSN) and challenge popular cryptocurrencies like Cardano (ADA) and Dogecoin (DOGE). This article will delve into Cardano, Dogecoin, and how...
IRS, Chainalysis Helping Ukraine Track Russians Using Crypto to Evade Sanctions
14.5.2023
The U.S. Internal Revenue Service (IRS) said it’s working closely with Ukraine to help it trace crypto transactions of Russian sanctions evaders. The agency is providing the Ukrainians access to a Chainalysis tool as well as specialized training to Ukrainian law enforcement. IRS Offers Ukraine...