Nuri, a German startup crypto bank with 500,000 customers, filed for insolvency on Tuesday, citing major crypto sell-offs, insolvency of Celsius and other crypto funds earlier this year as a reason fo...
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Coinbase Exchange Faces SEC Probe Over Crypto Yield, Staking Products
“The Company has received investigative subpoenas and requests from the [U.S. Securities and Exchange Commission] for documents and information about certain customer programs, operations, and e...
Crypto Market Review, August 10
Arman Shirinyan US inflation potentially peaked as we are seeing reversal in CPI numbers that fuels price increase on crypto market Contents Bitcoin spikes to $24,000 Are altcoins following Bitcoin...
Private Funds Would Have To Disclose Crypto Under SEC, CFTC Proposal
Regulators are keen to know more about how private funds operate SEC Commissioner Hester Peirce opposes the amendment, saying it is unnecessarily probative In an effort to better monitor what US regul...
Crypto Market Reacts Positively Amid Reduced U.S Inflation Rate
3 hours ago | 2 mins read Bitcoin News Compared to June, the annual rate of inflation reduced marginally to 8.5%. Bitcoin is trading at $24,003 with a 4% increase in the last 24 hours. After a long pe...
Crypto demand pushes Schwab to launch new ETF despite bitcoin crash
Investors have a new way to buy cryptocurrencies. Schwab Asset Management released its Schwab Crypto Thematic ETF (STCE) this month to answer investor demand. David Botset, who was directly involved i...
Crypto.com Secures Two Important Regulatory Licenses in South Korea – crypto.news
Crypto.com has announced that it has successfully secured the Electronic Financial Transaction Act (EFTA) and Virtual Asset Service Provider (VASP), two important regulatory licenses that will enable ...
Paradigm Shift amid Global Crypto Chain Reactions
Crypto industry leaders on Wednesday discussed the landscape change amid the market downturn over the past half year. Chain reactions have been triggered after the crash of LUNA/Terra in May. Amid the...
Another One Bites The Dust: German Crypto Bank Nuri Files For Insolvenzrecht
German cryptocurrency-focused bank Nuri has revealed that it has filed for bankruptcy, citing the protracted crypto winter. Customers’ access to the platform’s services and their funds have not been h...
US Senators Warren, Sanders Ask Key Bank Regulator to Rescind Crypto Guidance
U.S Sens. Elizabeth Warren (D-Mass.), Bernie Sanders (I-Vt.), Richard Durbin (D-Ill.) and Sheldon Whitehouse (D-R.I.) asked the Office of the Comptroller of the Currency to rescind interpretative lett...
Here Are Some of the Biggest Plays in Crypto Right Now, According to Pantera Capital CEO Dan Morehead
The founder of a crypto-focused hedge fund is looking ahead to see which industry niches might thrive once the current bear market cycle ends. In an interview with RealVision, Pantera Capital CEO Dan ...
No High Inflation Warning From the US Ahead of CPI Print While Crypto Markets Become Volatile
Mixed Signal Expected Ahead of CPI Bitcoin price braces for the US inflation data as the surging heat around the CPI rates have halted the rally but increased the volatility. The markets surged nomina...
Hackers have stolen $1.4 billion this year using crypto bridges
Mining the Worlds Second-most-valuable Cryptocurrency at Evobits I.T SRL An engineer inspects Sapphire Technology Ltd. AMD graphics processing units (GPU) at the Evobits crypto farm in Cluj-Napoca, Ro...
Binance Distances Self from WazirX – crypto.news
Binance has distanced itself from embattled Indian digital assets exchange WazirX, as CEO Changpeng “CZ” Zhao has stated that Binance never completed the WazirX acquisition deal initiated in 2019, and...
Iran Just Concluded First Official Forieng Trade Using Crypto; Should U.S. Worry?
Iran’s foreign trade embargo is adversely affecting the Middle Eastern country’s economy. The ban has paralyzed the country for over 4 decades, as it actively explores avenues to circumvent it. Iran j...
TA- Binance Coin Continues To Look Strong Despite Altcoins Shakeout
The price of Binance coin (BNB) continues to look strong as it holds its support against Tether (USDT) after the Consumer Price Index (CPI) announcement. The CPI tends to provide a gauge as regards in...
US SEC and CFTC Require Hedge Funds To Disclose Their Bitcoin and Crypto Holdings
– Advertisement – Regulators may want hedge funds to report crypto exposure. According to the Wall Street Journal, regulators may require hedge funds to disclose their bitcoin and cryptocu...
PwC Proposes Road Map for Crypto Regulation in UAE
Although digital assets in the United Arab Emirates (UAE) are thriving, PwC thinks the asset class can flourish even more and has identified a three-stage facilitative model for regulators. PwC believ...
Aave and Similar Projects Could Be Safe From SEC Clampdown, Says Coin Bureau Host – Here’s Why
A popular analyst known for his deep-dive research is exploring how looming regulation might impact the crypto industry. In a new strategy session, the Coin Bureau host known as Guy tells his 2.09 mil...
Crypto Exchange Hotbit Suspends Withdrawals Over Criminal Investigations
Singapore-based cryptocurrency exchange Hotbit has suspended all activities, including deposits and withdrawals, over criminal investigations against its former employee, the company announced Wednesd...
Crypto Popularity to Spur Growth in Blockchain-Powered Banking, Financial Services
The surging use of cryptocurrencies is expected to enhance the development of blockchain in the banking and financial services market, according to The Business Research Company. The report noted tha...
Is Play-To-Earn Dead? – Crypto Daily™
With around $300 Billion floating in the market, gaming stands as one of the most significant industries and with GameFi averaging $175M, lots of potential for expansion! The rise and fall of notable ...
There’s a Shortage of Tech (And Female) Crypto Talent: Report
The fastest growing blockchain roles are quality assurance analysts, cryptologic technicians and compliance specialists CEO of The Crypto Recruiters said developers are constantly in high demand, thou...
Report: $540 Million Laundered by Crypto Criminals Through RenBridge
– Advertisement – A new report shows that over half a billion dollars were laundered by crypto criminals through a service called RenBridge. According to a recent study conducted by Elli...
Crypto Lending Platform Hodlnaut Suspends Services Due to Liquidity Crisis – crypto.news
Singapore-based crypto lending platform Hodlnaut has immediately halted all withdrawals, token swaps, and deposits. The company has also stopped all borrowing and lending services due to “prevailing m...
SEC, CFTC Want Private Funds to Report Crypto Holdings
Key Takeaways The Securities and Exchange Commission has issued a proposal that would require large private wealth managers to report their crypto holdings. The Commodity Future Trading Commission is ...
How Crypto Market Might React To The CPI Report Today?
The U.S. Bureau of Labor Statistics will release July Consumer Price Index (CPI) data for August 10 at 12:30 GMT. The CPI is an indicator of a nation’s inflation levels. The CPI is a measure of the m...
SEC May Require Hedge Funds To Provide More Info On Crypto
Crypto has made its way into Wall Street and major financial entities in the legacy financial system, demanding a change in old regulatory structures. A document from the U.S. Securities and Exchange ...
Crypto-Exchange Coinbase Stock Is Not Out of the Woods as Market Uncertainty Hovers
“Following a severe drop in asset prices, it is not surprising to see a bit of paralysis in customer engagement, particularly in trading as investors assess where we go from here,” JMP Securities̵...