The CEO of crypto exchange FTX told Reuters that the company has $2 billion in the tank to invest in projects deemed attractive. FTX and the $2 billion to invest in the crypto world During an intervie...
Category: Crypto
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Crypto owners banned by U.S. ethics from working on crypto policies
In the United States, crypto owners have been left out of the process of drafting cryptocurrency rules. The U.S. Office of Government Ethics now advises that employees who are crypto owners should not...
Role of Decentralized Oracles In Crypto Market Volatility
The crypto market is having a nightmare in 2022. Bitcoin, the original cryptocurrency, continues to be a leading indicator for the industry. It peaked at more than US$68,000 (£55,600) in November 2021...
Trio of JP Morgan Execs Leave For Crypto Jobs
Even as crypto firms shed workers and seek bankruptcy protection in a brutal market downturn, executives from traditional finance are still heeding the siren song of Web3. Former JP Morgan executives ...
Etihad Airways Enters Crypto Space by Launching First NFT Collection
Etihad Airways plans to release its first non-fungible token (NFT) collection, featuring 10 comprehensive 3D aircraft models, on July 21. Dubbed EY-ZERO1, the NFT collection will comprise 2,003 limit...
CNBC’s Jim Cramer Says There’s Nothing Stopping Crypto Markets From Imploding Further – Here’s Why
Jim Cramer is warning investors there could be more downside for crypto even after the market lost more than two-thirds of its combined value. In a new interview on CNBC’s Squawk Box, Cramer says digi...
Russian media watchdog unblocks crypto news site after money laundering claims
Roskomnadzor, the government agency that oversees Russia’s mass media, has allowed users to once again access a prominent Russian crypto news page. Bits.media, a Russian crypto-related news site, was ...
Gold Coin Sales to Commence in Late July – Bitcoin News
Starting on July 25, the Zimbabwean public will be able to buy and hold gold coins which weigh one troy ounce each. In addition to their use as an alternative store of value, the central bank says the...
Crypto owners banned from working on US Government crypto policies
US government officials who privately own cryptocurrencies are now banned from working on regulations and policies that could affect the value of digital assets. A new advisory notice released by the ...
MakerDAO Voting on $100M DAI Vault for a Traditional Bank – crypto.news
The MakerDAO community is currently voting on its first proposal, which would integrate a traditional bank into its ecosystem. The Protocol will form a DAI debt ceiling trust with 100 million DAI in D...
What is the Ultimate Blue-chip Crypto Asset: BTC, NFTs, or Land?
One of the biggest changes to the crypto market today compared to the last bear market is the different types of assets that exist. Instead of choosing between Dash, Litecoin, Ethereum, Bitcoin, etc....
Three Top JPMorgan Executives Jump Ship to Crypto Startups
According to Fortune media, three top executives at JPMorgan have left the leading major bank to join the cryptocurrency industry. Despite the current crypto winter, this week has seen three executiv...
Bitcoin Absorbing Selling Pressure As Crypto Pundit Suggests ‘BTC Market Is Safe From Sell-Side’
– Advertisement – Crypto Pundit Suggests Bitcoin Is No Longer In The Danger Zone. Cryptoquant thinks Bitcoin may have crossed from the sell-side. There have been many speculations about Bi...
Belgium starts consultation on classification of crypto as securities and investment instruments
Belgium is holding an open consultation to determine if it should classify certain crypto assets as securities, investment instruments, or financial instruments. The Financial Services and Markets Aut...
Worst of Crypto Crisis Has Passed: FTX CEO
Sam Bankman-Fried sees the light at the end of the tunnel. Despite the still stormy crypto winter, which has driven Three Arrows Capital and Voyager Digital into bankruptcy filings and left Celsius an...
Legendary Trader Who Called 2018 Crypto Collapse Issues Bitcoin (BTC) Warning as US Dollar Goes Parabolic
Veteran trader Peter Brandt is issuing traders a warning about a particular Bitcoin (BTC) pattern he’s seeing on the charts. Brandt, who became a well-known crypto analyst after correctly calling Bitc...
Roskomnadzor Media Watchdog Unblocks Leading Russian Crypto News Outlet – Bitcoin News
Russia’s mass media regulator, Roskomnadzor, has restored access to a major Russian crypto news portal. Bits.media was recently blocked as a result of proceedings in a regional court that its represen...
Federal Reserve Conference Hints Stablecoins Can Reinforce USD’s Status – crypto.news
The central bank-issued digital currencies did not convince panelists at the recently concluded Federal Reserve conference, and CBDC cannot alter the global currency arrangement. The United States Fed...
Top 6 Trends In Crypto Gambling
Gambling is as old as humanity itself. People across the world have always gathered to play a game of chance. And like all other industries, gambling has significantly evolved over the years. The bric...
USD Coin (USDC) Stablecoin Challenges Tether (USDT) Supremacy: Comprehensive Guide
Amid the carnage on the cryptocurrency markets, more and more investors are increasing the share of stablecoins in their portfolios. As such, the right moment has come to study the features of USD Coi...
Belgian regulator reviews crypto asset classifications while awaiting harmonization
The Financial Services and Markets Authority (FSMA), the Belgian regulator, is seeking comments on its communication on the classification of crypto assets as securities, investment instruments or fin...
UK Central Bank Demands Stricter Crypto Rules after Recent Market Crash
The Bank of England has said that considering the current crypto mayhem, stricter market rules are essential in order to avoid any major risks to financial stability. Amid the recent market turmoil, t...
How a fake job offer took down the world’s most popular crypto game
Rarely has a job application backfired more spectacularly than in the case of one senior engineer at Axie Infinity, whose interest in joining what turned out to be a fictitious company led to one of t...
70% of Millennials Crypto Owners Invest in IRA, Survey Shows
Irrespective of the current outlook in the digital currency ecosystem, the number of millennials dipping their foot in the space is growing by the day. According to a new survey report from AltoIRA, ...
Coca-Cola Taps NFTs to Celebrate Pride Month – crypto.news
Coca-Cola has launched 136 non-fungible tokens (NFTs) collectibles on the Polygon (MATIC) network in commemoration of Pride Month. The global soft drinks giant says the proceeds from the digital colle...
VanEc’s Crypto Lending Fund Grants $35m Investments from 2 Fairfax Retirement Funds
VanEck, a global investment manager that provides Exchange Traded Fund and Mutual Funds, announced that it has granted a $35 million direct investment from two Fairfax County retirement funds in Virgi...
Major Setback to U.K’s Crypto Community As Sunak and Glen Quit Boris Administration
Earlier this week, the Chancellor of the Exchequer Rishi Sunak and Economic Secretary to the Treasury John Glen resigned from the Boris Jhonson government which might come as a major setback for the c...
Crypto Needs Enhanced Regulatory and Law Enforcement Frameworks – Regulation Bitcoin News
The Bank of England says “extreme volatility” in the crypto market “underscores the need for enhanced regulatory and law enforcement frameworks.” The British central bank has warned that crypto prices...
Exodus of pro-crypto financial regulators in UK amid allegations of misconduct in PM’s government
Many officials responsible for regulating the United Kingdom’s financial system have resigned following allegations Prime Minister Boris Johnson exercised “poor judgement” in appointing a member of th...
Crypto Miner Core Scientific Dumps $165M Bitcoin to ‘Enhance Liquidity’
Crypto miner Core Scientific sold roughly $165 million worth of Bitcoin last month, as inflation and market turmoil piled on the pressure for public crypto companies. The NASDAQ-listed firm sold 7,202...
Voyager Stock Plummets Nearly 12% as Crypto Firm Files for Bankruptcy
Voyager Digital has become the second high-profile crypto firm to file for bankruptcy in recent days, joining the Singapore-based Three Arrows Capital (3AC) in doing so. The New York-based firm and it...