The Luna Foundation Guard, which is in charge of maintaining the peg of UST, the Terra ecosystem’s stablecoin, has disclosed how it used the available Bitcoin reserve prior to the Terra ecosystem’s la...
Tag: Clarifies
Changpeng Zhao Clarifies Binance’s Investment in Collapsed Terra
Terra’s ship sailed gallantly but has now collapsed following a series of algorithm attacks that made the blockchain network’s native token LUNA plunge to what many see as an irredeemable level. With ...
Kris Marszalek clarifies what’s different between now and last bear market
Kris Marszalek, CEO of Crypto.com states crypto will come back stronger Total market cap losses amount to $570 billion Experts opine that 95% of projects will fail Crypto.com CEO Kris Marszalek called...
Crypto.com boss clarifies what’s different between now and last bear market
Crypto.com CEO Kris Marszalek called the brutal downturn a ‘really rough day.’ Over the last seven days, total market cap losses amount to $570 billion, or -33%. And with markets spooked, there’s alwa...
Coinbase CEO Clarifies Controversial Disclosure About Customers’ Funds
Alex Dovbnya Coinbase reported a massive revenue miss, but the company doesn’t face bankruptcy, according to CEO Brian Armstrong Coinbase CEO Brian Armstrong has clarified that a new disclosure ...
Russian Finance Ministry Clarifies Rumors Of Crypto Legalization
Russian Ministry of Finance now “advises” using cryptocurrencies as legal tender? That sounds like an old story. Crypto journalists have reported that the Russian Ministry of Finance pushes for tokens...
Vitalik Buterin clarifies his stand on Bitcoin and digital currency –
Bitcoin was discussed by Vitalik Buterin and its the eventual fate He discussed the distinctions between the Bitcoin and Ethereum people group A lot of misconceptions around Bitcoin and Digital curre...
U.S. Is Not Seeking Regime Change In Russia, Blinken Clarifies Biden’s Putin Remark
Topline Secretary of State Antony Blinken on Sunday said Washington was not seeking regime change in Moscow, a statement which follows President Joe Biden’s speech in Warsaw where he condemned Putin a...
Bitcoin Bonds: El Salvador President Clarifies ‘Short Delay,’ Rails Against FUD
El Salvador President Nayib Bukele said on March 24 that the government delayed the issuance of what could be the world’s first bitcoin-backed bond in order to attend to a reform that has to be sent t...
Honduras’ central bank clarifies that bitcoin is not regulated
advertisement Honduras’ central bank issued a statement Wednesday clarifying that bitcoin is not regulated as a currency there, following rumors that the Central American country would imminentl...
Thailand SEC Clarifies Its Stand On Regulating Crypto Token
Thailand’s Securities and Exchange Commission (SEC) has today announced clarifications over its stand on listing and regulating utility tokens. In an online conference, SEC Assistant Secretary-General...
Coinbase Clarifies: Everyday Russians Can Continue to Use Our Services
Just yesterday, Live Bitcoin News issued an article discussing Coinbase and its blocking of roughly 25,000 illicit accounts that supposedly stemmed from Russia. Coinbase Has Nothing Against Russia Des...
EU Clarifies Crypto is Covered in Sanctions Against Russia, Belarus
The European Union made it clear that cryptocurrencies, which fall into the category “transferable assets,” are included in the financial sanctions imposed on Russia for its invasion of Ukraine. Addit...
EU Clarifies “Crypto Assets” Are Included Among Sanctions
Key Takeaways The European Commission has issued a statement including clarification that cryptocurrencies are included among its sanctions list. The EU has levied harsh sanctions against Russia and B...
Coinbase clarifies they were already participating in Russian sanctions
Today, Coinbase’s CFO Paul Grewal posted on the platform’s blog page announcing that Coinbase was already supporting the legal sanctions against Russia as a part of their goal to protect the integrity...
OpenSea CEO Clarifies Phishing Attack Did Not Originate on Platform
OpenSea co-founder and CEO Devin Finzer clarified that the recent phishing attack that saw $1.7 million stolen did not originate from the platform. The team is investigating the matter to locate the s...
Indian Parliament Member Clarifies Legal Status of Cryptocurrency – Regulation Bitcoin News
Cryptocurrency is currently a gray area in India. It is neither legal nor illegal. A parliament member, India’s finance secretary, and the minister of finance have recently clarified the legal status ...
‘All Except RBI Currency Are Assets’ Indian Finance Minister Clarifies On 30% Tax
The Indian Finance Minister Nirmala Sitharaman was unequivocal when she declared that “I don’t wait until regulations come in place to tax people making profits.” However, on NDTV’s question on the ne...
Shiba Inu Team Clarifies the Situation With CoinMarketCap
The team behind the memecoin Shiba Inu said that CoinMarketCap has approached its developers to resolve the issue of the three fake addresses on the popular data aggregator page. Lack of Transparency,...
Estonia Clarifies Upcoming Regulations, Will Not Ban Crypto Holding or Trading – Regulation Bitcoin News
The government of Estonia has approved legislation tailored to improve oversight of its crypto sector which expanded rapidly due to favorable regulations and business climate. The new law, which is ye...
Estonia is not banning cryptocurrencies; finance minister clarifies rumors
Estonia, a North European nation made headlines in the crypto world with its strict AML regulations a few days back. The strict regulatory policies introduced by the government were seen as regressive...
Ray Dalio Clarifies His Stance on Bitcoin
Alex Dovbnya Bridgewater Associates boss Ray Dalio is neither bearish nor overly bullish on Bitcoin During a recent podcast appearance, Bridgewater Associates founder Ray Dalio has clarified that he’s...