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South Korea’s Central Bank Calls for End to ICO Ban
29.8.2022
South Korea’s blanket ban on initial coin offerings (ICOs) could finally be on the way out after the central Bank of Korea (BOK) spoke out in favor of policy change.
The ban was first put into place in late 2017 as crypto fever took hold in the country and the government responded with a series...
Taliban Releases Arrested Crypto Dealers, Bans Crypto in Afghanistan
29.8.2022
The Taliban has released arrested crypto dealers after around a week in detention but has imposed a nationwide ban on digital assets citing scams and fraud.
On August 14, the Taliban forces raided a total of 16 local crypto exchanges in Herat, the third-largest city of Afghanistan, without prior...
Russian Crypto Scammers Go Offline, Open Offices, Central Bank Worried About Trend
29.8.2022
An increasing number of financial and crypto pyramids targeting Russian investors have been opening physical offices in the country. The Central Bank of Russia has recently expressed concern over the trend which is seen as an indication that the fraudsters expect growing demand. Russian Crypto...
Bitcoin and Ethereum Resume Downtrend, Altcoins Turn Red
29.8.2022
Bitcoin price failed to stay in a positive zone above USD 21,000. BTC started a fresh decline and traded below USD 20,000. It is currently (04:00 UTC) trading well below USD 20,000 with a bearish angle.
Similarly, most major altcoins are trading in the red zone. ETH traded below the USD 1,550...
Amid Ethereum’s Merge, Cardano Founder Charles Hoskinson Says ADA’s Vasil Fork Is Coming Soon
28.8.2022
Cardano founder Charles Hoskinson detailed on Friday that the Vasil hard fork is coming soon and noted that it may occur “sometime in September.” The crypto asset’s upgrade has been overshadowed by the upcoming Ethereum upgrade called The Merge. Vasil Hard Fork...
Bitcoin Drops Below USD 20,000
28.8.2022
The number one cryptoasset per market capitalization, bitcoin (BTC), took another dip below USD 20,000 today.
At 15:00 UTC on Sunday, BTC was trading at USD 19,888. Prior to this slight recovery, it had dipped to USD 19,858.
At the time of writing, it is down 1% in a day and 6% in a week....
Buy Signal: Uniglo to be Clear Favorite Ahead Of Monero, Stellar & Bitcoin Cash
28.8.2022
The Hash Ribbons indicator has flashed, historically identifying some of the best price levels for long-term positions on Bitcoin. It recognises when miners are capitulating due to being unprofitable, driven by low valuations of Bitcoin. When miners struggle financially, they turn off their rigs...
Latvian Extradited to US for Wire Fraud Involving Crypto Investments
28.8.2022
A Latvian national has been handed over to the United States where he is accused of fraud through several companies offering false crypto investment opportunities. Ivars Auzins will appear in a federal court in Brooklyn to face multiple charges of wire and securities fraud. Latvian Authorities...
Gas-to-Bitcoin Firm Crusoe Energy Sues Rival Alkane Midstream Over Patent Infringement
27.8.2022
The Denver-based gas-to-bitcoin infrastructure company Crusoe Energy is suing the rival firm Alkane Midstream LLC over alleged patent infringement and poaching customers in Colorado. Crusoe’s lawsuit claims since November 2019, “Alkane was actively monitoring Crusoe and...
US Crypto ATM Provider Bitcoin Depot to Go Public as Part of Merger Deal
26.8.2022
Major US crypto ATM provider Bitcoin Depot has signed a deal with GSR II Meteora Acquisition Corp, paving the way for the two companies’ merger and listing on the NASDAQ exchange.
Per the press release,...
Read More: US Crypto ATM Provider Bitcoin Depot to Go Public as Part of Merger Deal
China’s Yuan Continues to Depreciate Against Greenback, Real Estate Crisis Exposed 2 Decades of Accumulated Risk
26.8.2022
China’s sovereign currency, the yuan, has slid significantly in value during the last few months as it has shed 8% against the U.S. dollar during the first half of 2022. China’s fiat currency is currently the weakest it has been against the U.S. dollar in roughly two years. Amid...
Zipmex Engages Financial Advisors, 16 Afghan Exchanges Shut Down, CoinSwitch Kuber Raided, Singapore Sends Questionnaires to Crypto Firms + More News
26.8.2022
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: Zipmex Engages Financial Advisors, 16 Afghan Exchanges Shut Down, CoinSwitch Kuber Raided, Singapore Sends Questionnaires...
178 South Korean Darkweb Users Arrested on Suspicion of Crypto-powered Drug Trading
26.8.2022
Police in Seoul, South Korea, have arrested 178 people on suspicion of buying and selling drugs online using cryptoassets as a means of payment.
According to JTBC, Seoul Metropolitan Police officers said they had arrested 12 suspected drug dealers and 166 of their alleged customers, stating that...
Tezos (XTZ) Consolidates After Failing to Turn Positive!
26.8.2022
The change in a scenario within a short interval has affected the positive outlook of XTZ in recent weeks. From a probable breakout towards 200 EMA, the token has succumbed significantly below 100 EMA. Tezos’s fundamental grounds are stronger as its blockchain can support dApps, DeFi,...
Coinbase Derivatives Exchange To Offer Nano Ether Futures Contract
26.8.2022
Nano Ether Futures Contract is scheduled to launch on Coinbase Derivatives Exchange on August 29, 2022. It will be accessible for trading through third-party retail brokers and clearing firms with their names mentioned below. Retail Brokers: Ironbeam EdgeClear Optimus Futures NinjaTrader Tradovate...
Where to Sell EUR-USD this Week Amid Resilience?
26.8.2022
Investors are eyeing popular currency pairs like EUR-USD as the financial sector finds its rhythm. The EU nat gas prices are shifting higher with an increase in inventory levels. The week witnessed the EUR-AUD pair breaking through the multi-month support at 1.4370. In other words, the pair is...
NearPay Launches Virtual Crypto Cards, Wallet for iOS and Android; Physical Cards to be Launched 'Soon'
26.8.2022
Seeking to bring what the company describes as "the modern digital banking experience" to the cryptosphere, crypto finance protocol NearPay has launched virtual crypto cards and its wallet for iOS and Android.
The service is currently available to residents of the European Economic Area (EEA)...
Lido Staked ETH Via Loopring L2
26.8.2022
Lido is a liquid stacking option for ETH 2.0 supported by the best staking companies in the business. Lido enables users to wager any ETH or deposit assets on ETH 2.0 without infrastructure maintenance or asset lockup. The Ethereum 2.0 network is secured through staking, and involvement...
Bitcoin and Ethereum Experience A Fresh Decline, XRP Outperforms
26.8.2022
Bitcoin price failed to stay above the USD 21,650 resistance zone. BTC slowly moved lower below the USD 21,500 level. It is currently (11:20 UTC) showing a few bearish signs and might decline below USD 21,000.
Similarly, most major altcoins are slowly moving lower. ETH failed near USD 1,720...
Uniglo (GLO) Paladin Audit Is Proof That It Can Keep Up To Cryptos Like Cardano (ADA) And Solana (SOL)
26.8.2022
Uniglo (GLO) has announced that it will partner with Paladin to audit its smart contracts. This is a big win for the project, as it shows that it can keep up with the big boys like Cardano (ADA) and Solana (SOL). The partnership will help to ensure the security of Uniglo’s smart contracts...