Key Takeaways U.K. Ministers Rishi Sunak and John Glen’s resignations in the last couple days are likely to slow down the nation’s efforts to turn itself into a crypto-friendly jurisdiction. Glen in p...
Category: Crypto
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Nexo Eyes Acquisition of Troubled Crypto Lender Vauld
Nexo today announced it signed an indicative term sheet with the troubled Singapore-based crypto lender Vauld. Under the agreement, Nexo has a 60-day exploratory period that would see the company cond...
Ethereum ‘believer’ now claims crypto has ‘no real value’
Jim Cramer is in the news again after criticizing the cryptocurrency market once more. In fact, he called it a market of “no real value,” while also forecasting additional market declines. The former ...
British Treasury To Hammer Out Crypto Law Despite Bank Of England’s Doubts
In April of last year, the British Treasury unveiled a number of efforts aimed at establishing the United Kingdom as a premier destination for crypto technology and investments. In a press release tha...
Embattled Crypto Lender Vauld To Be Acquired By Rival Nexo ⋆ ZyCrypto
Advertisement     Singapore-based crypto trading, and lending firm, Vauld is on a path to being acquired by rival crypto Nexo. Reports of the 100% acquisition deal com...
Recent Crypto Market Decline Happens Mainly Due to Macro Factors
The crypto industry has lost two-thirds of its market capitalization in eight months. Coinbase Institute Chief Economist, Cesare Fracassi, has opined that the recent crypto market decline is due to ma...
Crypto mining profitability varies wildly based on location
Cryptocurrency miners are considered one of the main drivers of the crypto industry but the latest market downturn has put the profitability of the once-lucrative business into question. Falling crypt...
Singapore’s Finance Regulator Mulls ‘Limits on Retail Participation’ in Crypto
The Monetary Authority of Singapore (MAS) won’t rule out amendments to existing legislation and introduce new rules that would add more restrictions on retail crypto-traders In a written respons...
Nineteen Countries To Receive Warning From ECB on Eurozone Crypto Regulation Standards: Report
A new report says the European Central Bank (ECB) is set to caution European Union (EU) members against pre-empting crypto rules being prepared for the Eurozone. The Financial Times report says that t...
Fresh allegations against Celsius renew calls for EU crypto compensation fund
A petition to the European Parliament for the creation of a crypto compensation fund is gathering steam following recent scandals, in particular happenings at Celsius Network. The petition organizer, ...
Bitcoin, Ethereum Jump as Crypto Market Stages Mini Rally
A day after the U.S Independence day, Bitcoin (BTC), the largest cryptocurrency by market capitalization, is up 5% over the past 24 hours and is trading at around $20,107 at the time of writing, accor...
Crypto Broker Voyager Files For Chapter 11 Bankruptcy Protection
Crypto brokerage firm Voyager Digital announced today it has filed voluntary petitions for reorganization under Chapter 11 in the U.S. Bankruptcy Court of the Southern District of New York. The announ...
The EU Agrees On A “Provisional Rulebook” To Tame The Crypto Wild West ⋆ ZyCrypto
Advertisement     After a 22-month-long wait for all-around crypto regulation, the EU parliament struck a provisional deal on July 1st, adopting a crypto rulebook that...
Israeli Crypto Company Etoro Lays Off 100 Workers, SPAC Deal Terminated, Company Eyes Private Raise – Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a ...
Professional crypto software suite 1Token adds support for Deribit derivatives » CryptoNinjas
Deribit, the popular bitcoin & crypto options exchange, announced today a new partnership with 1Token, a front-to-back office financial software for crypto institutions. 1Token is the all-in-one f...
H2O Waters Securities Launches First Crypto Water Token, Sequoia China $9 Billion Funding, Federal Reserve not Impressed by USD CBDC – crypto.news
H2O Waters Securities has launched the first water-focused crypto token. Sequoia China closes in on a $9 billion funding round to help new projects seed rounds and ventures, as the federal reserve app...
Crypto Analytics Firm Santiment Issues Ethereum Warning, Says ETH at Higher Risk of Sell-Off – Here’s Why
On-chain metrics indicate Ethereum (ETH) could be at risk of a sell-off, according to the crypto analytics firm Santiment. Santiment notes ETH is moving “rapidly” onto exchanges and has risen to its h...
Crypto Miner HIVE Requested for Resubmission of Form 40-F
Hive Blockchain Technologies Ltd, a Vancouver-based cryptocurrency mining company headquartered in Canada, said it received a letter from Nasdaq requesting the company to renew its annual report on Fo...
Bank Of England Calls For Stricter Crypto Regulations As Crypto Markets Reel Under Pressure ⋆ ZyCrypto
Advertisement     The Bank of England has called for stricter measures to prevent financial risks posed by digital assets even as the global cryptocurrency industry ma...
Lost money in crypto crash? Here’s what you should know
Public tax accountant Shehan Chandrasekera has suggested that the United States tax code may be the only solution for investors with money locked in troubled platforms like crypto lender Celsius and b...
Will Bitcoin Stealer Be a Threat to Crypto Wallets?
Malware targets near 30 crypto wallets and browsers to steal money. Cybercriminals unusually push the users to download the software. According to Cyble Research Labs, a crypto-stealing malware, named...
India is investigating crypto exchanges compliance to foreign exchange laws
India’s Directorate of Enforcement has sent notices to crypto exchanges to determine whether they violated the country’s Foreign Exchange Management Act (FEMA), Economic Times India reported. Accordin...
Bitcoin, Binance Coin, Litecoin, and Cosmos Daily Price Analyses – 6 July Morning Price Prediction
The global crypto market has changed as the influx of capital increased. These changes brought Bitcoin, Binance Coin, and others back to business as they faced hard times. The sudden increase in value...
Hackers Looted Almost $2 Billion From Crypto Projects in H1 2022 – crypto.news
While the cryptocurrency market and Bitcoin (BTC), its flagship asset, have been struggling in the first half of 2022, a study shows that criminal activity in the sector has increased substantially du...
Crypto market analyst identifies bullish ‘party time trigger’ for Cardano
With the crypto sector finally getting some respite from the crisis that created a ripple effect across most of the decentralized finance (DeFi) assets, traders and investors are taking their time to ...
Crypto Lender Voyager Digital Goes Bankrupt After Three Arrows Collapse
Crypto lender Voyager Digital is the latest domino to fall in the tumultuous market for digital assets. Voyager Digital disclosed on Wednesday that it filed for bankruptcy on Tuesday with the U.S. Ban...
Voyager Files for Bankruptcy Citing Contagion in Crypto Markets, Three Arrows Capital’s Loan Default – Featured Bitcoin News
Crypto lender Voyager Digital has filed for Chapter 11 bankruptcy. The company explained that the “prolonged volatility and contagion in the crypto markets” and the default of crypto hedge fund Three ...
Majority of British crypto owners revealed to be hodlers: Survey
An average crypto asset holder in Great Britain would be young, male and a hodler. And they would consider crypto to be a “fun investment.” Such are the findings from the fresh research co...
Wyre Integrates Moneygram and Stellar Powered Global Crypto-to-Cash Service
– Advertisement – Wyre can now provide their users the ability to seamlessly transition between cash and crypto. Wyre, a leading cryptocurrency infrastructure provider, announced today tha...
Industry insiders remain bullish, believe crypto winter will improve Web3
The crypto industry is going through a tough time, but a prolonged bear market is nothing new for those who have been around the space since 2017. While prices for many projects are down more than 80%...
Bullish.com becomes the latest crypto exchange to cut jobs
Bullish, a crypto exchange serving institutional clients, has joined rivals in making layoffs as the market struggles with an ongoing period of weakness. Fewer than 30 staff members have lost their jo...
Crypto Exploits Hit $670M Q2 2022: ImmuneFi Report
Key Takeaways A new report from ImmuneFi claims that crypto protocols lost over $670 million in Q2 2022. The number of hacks came in at double the previous quarter, but the total funds lost saw a decr...