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Metaverse ETF PUNK closing after betting against Meta's vision
18.5.2023
Subversive Capital cites losses as it shuts down PUNK ETF and the company pivots to artificial intelligence
Pakistan to Ban Online Services Related to Cryptocurrencies
18.5.2023
Authorities in Pakistan intend to prohibit all internet-based crypto services despite significant digital-asset investments made by Pakistanis. The decision comes as government officials in Islamabad take a strong stance against the legalization of cryptocurrencies like bitcoin. Crypto ‘Will Never...
Australian ‘Big 4’ bank begins trial for cryptocurrency payment blocks
18.5.2023
One of Australia’s Big Four banks announced efforts to combat crypto fraud activities aimed at reducing losses from scams
EU Council Adopts New Rules for Europe’s Crypto Markets
18.5.2023
The Council of the European Union has given its final approval to new regulations for crypto assets and markets in the EU. The decision completes a lengthy and complex legislative process for what’s considered to be the world’s first comprehensive legal framework for digital assets like bitcoin....
Best Crypto to Buy Now 17 May – Conflux, Render, Litecoin
18.5.2023
Tether, the largest stablecoin issuer and one of the most controversial companies in crypto, announced a new investment strategy today: the company will allocate up to 15% of its reserves to buy and hold Bitcoin.
The strategy moves away from Tether's long-held conservative investment approach...
Miami blockchain folk hero secures $5M for community tokenization
17.5.2023
The fund will be used to help residents secure affordable housing through blockchain initiatives
Pakistani finance minister says crypto will never be legal because of FATF
17.5.2023
Pakistan was taken off the FATF gray list in October, and it has good reasons to want to stay in international good graces
South Korean Prime Minister calls for disclosure of crypto holdings by high-ranking officials
17.5.2023
Prime Minister Han Deok-soo reportedly believes that including cryptocurrency in property registration is the right thing to do
Crypto.com adds Pay support for MATIC, USDC and DAI
17.5.2023
The cryptocurrency exchange's DeFi wallet and Pay service launched a new update adding support for more countries and tokens
Ripple acquires Swiss blockchain custody firm Metaco for $250M
17.5.2023
Metaco raised $17 million in a Series A funding round in 2020. The company raised $20 million in total before being acquired
Tether to buy Bitcoin based on monthly net profits
17.5.2023
Tether said that Bitcoin’s decentralized nature and its long-term store of value made it an obvious choice for the stablecoin issuer
Tax Authority Slated to Become Main Crypto Regulator in Russia
17.5.2023
Russia’s tax administration is going to be tasked with overseeing the crypto industry in the country, a high-ranking government official has indicated. According to the regulatory concept that’s currently under consideration, the revenue service will also serve as an entry point for market...
Valkyrie Leveraged Bitcoin Futures ETF gets inspiration from TradFi memes
17.5.2023
After being initially discussed in 2021, the investment fund is now capitalizing on the meme-worthy ticker for its new leveraged Bitcoin ETF
Korean Crypto Exchanges Upbit, Bithumb Raided Over Lawmaker’s Crypto Dealings
17.5.2023
South Korean prosecutors have raided two of the country’s largest coin trading platforms within an investigation into the crypto investments of a politician. They seized materials from Upbit and Bithumb amid suspicions of wrongdoing related to the lawmaker’s cryptocurrency holdings. South Korean...
CoinShares posts highest quarterly earnings since Q1 2022
16.5.2023
Crypto investment firm CoinShares posted its most profitable quarter in a year, according to its latest quarterly earnings report
OpenAI CEO Sam Altman testifies in ‘historic’ Senate hearing on AI safety
16.5.2023
Altman appeared alongside NYU professor Gary Marcus and IBM’s chief of trust Christina Montgomery to discuss how the U.S. government should regulate the AI industry
Crypto community reacts to Ledger wallet's secret recovery phrase service
16.5.2023
Many members of the crypto community believe Ledger's latest seed phrase recovery feature is a bad idea
J’JO’s Crypto Index Investing: Protecting Portfolios From Risks and Increasing Returns
16.5.2023
The global crypto market is expanding steadily despite recent bearish sentiments. Over 119 million people worldwide started owning cryptocurrencies in 2022, marking a 39% rise in total ownership. It reflects a growing demand for alternative payment methods and investment instruments. More people...
Signature Bank failed to understand risks associated with crypto: FDIC chair
16.5.2023
A related report penned down by FDIC Chief Risk Officer cited poor management as “the root cause of Signature Bank’s failure.”
Digital asset market shrinks as fund outflows reach $200M: CoinShares
15.5.2023
According to CoinShares, digital asset investment products saw outflows totaling $54 million last week