The US Board of Governors of the Federal Reserve System on Tuesday released new information that directed Fed-supervised banks to ensure they check first that any cryptocurrency activities they want t...
Tag: news
Brazil’s Bank BTG Pactual Launches Crypto Trading Platform
BTG Pactual, Brazil’s sixth largest investment bank, has launched its cryptocurrency trading platform. André Portilho, head of digital assets at BTG Pactual, confirmed that the crypto trading pl...
Binance Obtains In-principle Approval to Operate With Cryptocurrencies in Kazakhstan – Exchanges Bitcoin News
Crypto exchange Binance has been granted preliminary approval to offer trading and custody services for digital assets in Kazakhstan. The exchange is yet to complete the full application process but t...
BBC Chair Linked to Russian-sanctioned Subsidiary Blockchain Platform
Chairman of the British Broadcasting Corporation (BBC), Richard Sharp, has been shown to have ties with Vladimir Potanin, one of Russia’s richest men. While there has been no direct indictment for th...
Crypto Risk Platform Solidus Labs Hires Former CFTC Commissioner Dawn Stump as Strategic Advisor
Solidus Labs, a New York-based crypto risk monitoring firm, announced on Tuesday that it has appointed Dawn Stump, a former commissioner of the U.S. Commodity Futures Trading Commission (CFTC), as the...
CryptoPunk, Meebits Owners can now Create Commercial Projects With Their NFTs
Owners of CryptoPunk and Meebits non-fungible tokens (NFTs) can now create commercial projects and products based on their NFTs. The announcement comes following Yuga Labs’ release of its long-a...
Colombia Plans to Launch Digital Currency to Reduce Tax Evasion – Regulation Bitcoin News
The government of Colombia revealed it has plans to launch a digital currency. One of the purposes of this new currency would be to curb tax evasion and enhance the traceability of transactions made b...
Celsius CEO Alex Mashinsky Involves Untimely Trading Prior to Crash: FT
The fall of renowned crypto lending platform Celsius Network has shed much light on the wobbled operations of the company in the months leading to the eventual halt in withdrawals. Alex Mashinsky and...
Huobi To Restrict Derivatives Trading for New Zealand Users
Huobi Global, a major cryptocurrency exchange based in Seychelles, announced on Tuesday, 16th August, that it will stop offering derivatives trading services to users in New Zealand, effective on Augu...
Soneva’s Luxury Resorts Now Accept Crypto Payments – Featured Bitcoin News
Luxury resort chain Soneva has reportedly begun accepting cryptocurrency payments at its resorts in the Maldives and Thailand. “Accepting cryptocurrencies as a payment method is another example of ena...
Hodlnaut Applies for Court Protection amid Liquidity Crises
Hodlnaut, a Singapore-based digital currency lending platform, has joined its counterparts in seeking out the protection of the courts with its recent application for Judicial Management. The crypto ...
‘Big Short’ Investor Michael Burry Dumps All Stocks but One After Predicting Market Crash – Featured Bitcoin News
Hedge fund manager Michael Burry’s Scion Asset Management dumped all but one of its stock holdings in the second quarter, according to the firm’s filing with the U.S. Securities and Exchange Commissio...
Celsius CEO Accused of Controlling Crypto Company’s Trading Scheme and Placing Bad Bets – Bitcoin News
According to a recent report published on Tuesday, the Israeli-American founder and CEO of Celsius Network, Alex Mashinsky, was in charge of the company’s trading strategy. The report, citing multiple...
Isabelle Fuhrman Talks Returning As Esther In Top-Notch Horror Prequel ‘Orphan: First Kill’
Isabelle Fuhrman photographed at the closing ceremony red carpet for the 75th annual Cannes film … [+] festival at Palais des Festivals in Cannes, France. Getty Images When the psychological hor...
Ron Paul Insists US Economy’s ‘Collapse Will Come,’ Former Congressman Says Liquidation Is ‘Absolutely Necessary’ – Economics Bitcoin News
Just recently the American author, economist, and retired politician Ron Paul discussed the rising tensions between China and Taiwan during an interview and he talked about the U.S. economy as well. P...
Is Solana Really Decentralized? – The Coin Republic: Cryptocurrency , Bitcoin, Ethereum & Blockchain News
A minimum of 31 validators could collude to compromise the network’s consensus SOL Price at the time of writing – $43.28 Over 1900 of Solana’s validators are consensus nodes The Solana Foundation of l...
Proposals for New Common Currency Resonate in Latam, to Undermine US Dollar Dependency – Economics Bitcoin News
Two new proposals for a new common currency to be established in Latam have been made recently. Former Brazilian president and candidate Luis Inacio Lula Da Silva mentioned the idea in May, and the pr...
Embattled Crypto Lender Hodlnaut Seeks Judicial Management in Order to Rehabilitate the Company – Bitcoin News
Eight days ago, the crypto lender Hodlnaut announced that the platform was suspending withdrawals after citing volatile market conditions. This week the company says it is seeking judicial management ...
DOGE Races to 3-Month High, XMR Hits Strongest Price Since June – Market Updates Bitcoin News
Dogecoin moved to a three-month high on Tuesday, as prices of the token were up by over 15%. Today’s move comes despite crypto markets mainly falling, with the global market cap 0.21% lower as of writ...
JPMorgan CEO Predicts Turbulent Times Ahead For the US Economy – Coinpedia – Fintech & Cryptocurreny News Media
JPMorgan recently released its 2022 Q2 results. The company’s net income was $8.6 billion, down by 28%, dominantly driven by a net credit reserve build of $428 million compared to a net release of $3....
ETH Falls Below $1,900 as Markets React to Weakening Chinese Economy – Market Updates Bitcoin News
Ethereum fell below $1,900 earlier today, as crypto markets continued to react to disappointing economic data from China. Figures for July showed that both retail sales and industrial production in Ch...
Stablecoins Will Act As Catalyst For Mass Crypto Adoption- Here’s Why – Coinpedia – Fintech & Cryptocurreny News Media
Due to intense economic pressure and the Federal Reserve’s recent decision to raise interest rates, Bitcoin has dropped into a narrow band between $22,000 and $25,000. The crypto market has recently b...
How a Trezor Wallet Passphrase Taking a Lifetime to Brute Force Was Cracked by KeychainX Experts in 24 Hours – Sponsored Bitcoin News
sponsored Have you lost the passphrase for an hardware wallet and looking how to recover your coins? Here is how the KeychainX recovery experts have done just that for a client. This is a trusted serv...
Enthusiasm to Sell in the Crypto Market Subsided amid Prices Stabilize
The urge to sell in the cryptocurrency market has dwindled based on the surge of leading coins, according to on-chain insight provider Santiment. Santiment stated: “Crypto traders’ enthusi...
Latest Ghana Inflation Rate the Highest in 19 Years — Economist Recommends Installation of Currency Board – Economics Bitcoin News
Ghana’s ongoing economic woes appeared to worsen in July after data from the country’s statistical agency, Ghana Statistical Service, suggested that the inflation rate is now nearly 31.7%. The nearly ...
Brazil’s Digital Banking Platform Nu Holdings Adds 5.7m new customers in Q2
Fintech unicorn Nu Holdings has added 5.7 million new customers in the second quarter of 2022. The Brazilian digital banking platform now has 65.3 million people and businesses using its services. Nu ...
Crypto Exchange Zipmex Granted 3-Month Protection from Singapore Court against Creditors
Zipmex, Asia’s leading digital asset exchange, said it has won creditor protection from the Singapore High Court for more than three months, gaining time to address liquidity issues. ZipmexX sus...
‘Durmientes’ Aims to Be One of the First Films Funded Fully With NFT Sales in Latam – News Bitcoin News
“Durmientes,” a new movie that will be directed by Gibran Bazan, a Mexican filmmaker, aims to be funded fully by the sale of a series of non-fungible tokens (NFTs). The NFTs, which will be sold on Met...