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“We Have Zero Issues,” Circle’s Jeremy Allaire Says As Rumours Of USDC Collapse Surface
Jeremy Allaire, CEO of USDC issuer Circle has moved in to quell rumors of an impending USDC collapse following a crypto market deleveraging event that has seen some stablecoins lose their peg and lending firms get trapped in a liquidity crisis. дальше »
2022-7-5 16:45
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Binance Has The Largest Cash Reserves And Wants To Bail Out 50 Companies Going Through Crypto Bear Market
The exchange disclosed that it will be willing to lend a helping hand to crypto companies in financial distress. дальше »
2022-7-5 20:51
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Vauld Suspends Withdrawals Citing Tough Market Conditions – Here’s Why Lending Firms Are Folding Up
Vauld becomes the latest lending platform to capitulate under dire market conditions. The firm has halted withdrawals after customers began withdrawing their funds en masse. дальше »
2022-7-5 20:31
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ADA Predicted To Triple On Vasil Upgrade As Developers Finally Hard Fork The Cardano Testnet
With the latest progress, the mainnet upgrade could thus take place at the end of July or early August. дальше »
2022-7-4 17:16
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Bitcoin Whales And Investors Heavily ‘Buying The Dip’ At $19k Even As Miners Adopt Risk-Off Approach
Despite Bitcoin reeling from a massive deleveraging event and pulling back sharply to levels last seen in 2020, investors have found a small window of opportunity to add to their bags. дальше »
2022-7-4 22:26
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US-UK FIP June Meeting Signals Countries’ Interest In Digital Assets & Stablecoins
The US-UK Financial Innovation Partnership held its third Regulatory Pillar meeting on 29 June. Both countries’ representatives met in London to discuss subjects of mutual interest in the area of the growing industry of crypto assets and stablecoins. дальше »
2022-7-3 22:00
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Crypto Firms In The US Have Paid Over $3 Billion In Fines With The SEC Being The Largest Collector
Crypto firms have paid over $3 billion in fines to US authorities since Satoshi Nakamoto launched Bitcoin. BlockFi was slammed with the largest fine after it paid $100 million early in the year. Payment of fines suggests that the cryptocurrency industry is not as unregulated as critics paint it to be. The US Securities and […] дальше »
2022-7-3 21:42
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VanEck Takes Another Shot At Introducing Spot Bitcoin ETF
New York-based wealth manager VanEck has filed a fresh application with the U.S. Securities and Exchange Commission to gain approval for its spot bitcoin ETF. дальше »
2022-7-2 15:10
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Binance’s CZ Believes The Value Of Crypto Is Increasing, Despite Bear Market
Changpeng “CZ” Zhao, Chinese-Canadian business executive and CEO of the world’s largest cryptocurrency exchange, Binance, has stated that he believes the value of crypto is increasing. дальше »
2022-7-2 21:54
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Deutsche Bank Strategists Reveal The Real Reason Crypto Free Fall Is Likely To Continue
Meanwhile, analysts from Deutsche Bank believe cryptocurrencies are due for more pain. дальше »
2022-7-1 19:15
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FTX Reportedly Set To Buy Embattled BlockFi At 99% Below Company Valuation
FTX, a Bahamian cryptocurrency derivatives exchange, is reportedly close to finalizing a deal that will enable it to acquire embattled crypto lender BlockFi, a source said. The deal will see BlockFi bought at a price of $25 million – a rate roughly 99% below the company’s most recent valuation. FTX supported BlockFi with a $250 […] дальше »
2022-7-1 18:58
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Grayscale Flips The Script And Sues The SEC After Spot Bitcoin ETF Plan Rejection
The SEC rejected Grayscale’s application late Wednesday on the grounds that it did not do enough to shield investors from “fraudulent and manipulative acts and practices." дальше »
2022-7-1 19:41
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Cardano Finally Inches Towards ‘Game-Changing’ Vasil Mainnet Upgrade With New Proposal
Cardano wants to live up to its reputation as an Ethereum killer... дальше »
2022-6-30 23:40
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KuCoin Announces The Full Launch Of Its Web3 Wallet
In a press release on Tuesday, leading crypto exchange KuCoin announced the full launch of its Web 3 wallet. KuCoin revealed that it was now fully ready after an extended beta testing period of the wallet. дальше »
2022-6-30 23:27
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FTX Is Nearing A Deal To Acquire Troubled BlockFi As Sam Bankman-Fried Expands His Empire
FTX plans to buy a stake in BlockFi after previously extending an emergency line of credit. дальше »
2022-6-30 23:13
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BAYC’s Yuga Labs Files Lawsuit Against RR/BAYC Creator Ryder Ripps
Yuga Labs, the NFT company behind BAYC and MAYC, has filed a suit against American conceptual artist and creator of NFT collection RR/BAYC, Ryder Ripps, and his partner Jeremy Cahen. Yuga Labs claims the creative director is “scamming consumers by misusing Yuga Labs’ trademarks. дальше »
2022-6-30 22:55
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Bitcoin Plunges Below $20,000 Again As ECB Gears Up To Raise Rates ‘At A Faster Pace’
The sharp drop was triggered by a plethora of factors, key among them, a statement by the European Central Bank President Christine Lagarde detailing a plan to go harder on inflation. дальше »
2022-6-29 16:59
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BOE Deputy Governor Jon Cunliffe: Crypto Crash Survivors Could Become Future Amazons
Jon Cunliffe, Deputy Governor of Bank of England (BoE) for Financial Stability, posits an imminent emergence of institutional investors with the commercial might of e-commerce giants Amazon and eBay from the rumbles of the current crypto collapse. дальше »
2022-6-29 16:31
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Morocco’s Central Bank To Introduce A Crypto Regulation Bill Soon
Morocco has joined a growing list of countries pivoting towards drafting and passing comprehensive cryptocurrency laws, even as the adoption rate of digital assets in the North African country continues to surge. дальше »
2022-6-29 21:51
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Coinbase Stock Tumbles By Over 10% In A Single Day With Goldman Sachs Pulling The Strings
Coinbase is facing one of the sternest tests in its history with lay-offs and an internal shake-up. дальше »
2022-6-28 21:14
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Cardano Clinches Important Development Milestone As ‘$10 ADA’ Price Prospect Gathers Steam
Cardano's development team, Input-Output Global (IOG), has confirmed in a report on Saturday that the final node needed for the... дальше »
2022-6-26 20:11
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ECB’s Christine Lagarde Proposes A MiCA 2.0 To Cover Bitcoin, Staking, And Lending
President of the European Central Bank, Christine Lagarde, speaking with the European Parliament on Monday, has called on Lawmakers to start working on fresh crypto regulations to cover DeFi and Bitcoin as she fears that crypto will eventually grow to the point where it becomes a financial stability risk. дальше »
2022-6-26 19:40
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Cardano’s Charles Hoskinson Proposes Groundbreaking Approach To Crypto Regulation
Speaking on cryptocurrencies and blockchain technology in a congressional hearing on Thursday, Hoskinson proposed that... дальше »
2022-6-24 18:56
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Harmony’s ONE Token Nosedives Double-Digits After Hacker Drained $100M From Horizon Bridge
The Horizon Bridge to the Harmony layer-1 blockchain has been hit by a major security breach that saw an estimated $100 million worth of cryptocurrency successfully siphoned out of the protocol. дальше »
2022-6-24 15:30
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3AC Hires Legal And Financial Advisers To Help Avert A “Bankruptcy” Situation
Beleaguered Singapore-based cryptocurrency hedge fund Three Arrows Capital “3AC” has reportedly hired external financial and legal advisers to help work out a solution for its users and lenders, even as the firm battles impending bankruptcy. дальше »
2022-6-23 20:07
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Skybridge Capital’s Scaramucci Explains Why Investors Should Ride Out Cryptos In The Long-Run
Anthony Scaramucci, founder of American-based global investment firm, Skybridge Capital, in an interview with CNBC, urged onboarding the crypto train despite the plunging state of the crypto market. Scaramucci formerly worked in the White House as Communications Director. дальше »
2022-6-23 16:49
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eBay Seals Acquisition Deal Of NFT Marketplace KnownOrigin
The deal is meant to bring the concept of NFTs to a broader audience as it leverages eBay's reputation. дальше »
2022-6-22 20:56
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Crypto Market To Escape Fed Tightening Because Of Bitcoin, Reckons Novogratz
CEO of assets management company Galaxy Digital, Mike Novogratz in a recent CNBC squawk box interview has asserted that Bitcoin might be the only way out of a possible recession and the coming Fed tightening. дальше »
2022-6-22 22:59
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ADA Sees Boost In Market Share Even As Hotly Anticipated Cardano Vasil Hard Fork Is Deferred
The upgrade that would take the Cardano network to the new “Basho” era has been rescheduled. дальше »
2022-6-21 17:56
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NFT Flipping Isn’t Profitable For Over 50% Of Investors – Here’s Why
A large number of investors in Non-fungible tokens (NFTs) are doing so to make a profit according to a recent survey. дальше »
2022-6-21 16:52
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Crypto Markets Struggle For Resilience Despite Highest Rate Hike Since 1994
The crypto markets have shown some resilience despite the significant rate hike by the Fed on Wednesday in response to unyielding inflation. Following the release of the US inflation numbers by the Labor Department last Wednesday, the Fed revealed that it would be raising rates by 75 basis points for the first time since 1994. […] дальше »
2022-6-21 00:18
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Fidelity CEO Abigail Johnson Reiterates Belief In Crypto Despite Market Downturn
This year has been considerably rough for the crypto markets compared to last year’s bull run. However, institutional adoption of the nascent market isn’t slowing down. For example, Fidelity chair Abigail Johnson has again stated her strong belief in crypto in the long term. дальше »
2022-6-21 20:22
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Wen ADA Moon? Hoskinson Sheds Light On The Bear Market As Cardano Network Takes Big Leap
Cardano’s dev team has an interesting streak of innovations but the price is down by over 80% from its all-time high. дальше »
2022-6-20 00:19
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Marathon Digital Bucks The Bitcoin Miner Selling Trend Despite Energization Challenges
The crypto markets have been moving in a lackluster manner for several months. Different industry participants are bracing for a crypto winter, and Bitcoin miners notorious for holding on to their Bitcoin rewards are being forced to sell to keep the lights on. дальше »
2022-6-18 14:34
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Mike Novogratz’s Bottom Region Price Prediction For Bitcoin and Ether Comes Into Play
Mike Novogratz, CEO, and founder of Galaxy Digital Holdings Ltd. speaking at the Morgan Stanley Conference predicted a bottom region for two of the world’s leading cryptocurrencies, Bitcoin and Ethereum. дальше »
2022-6-18 14:20
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Major Blow To Panamanians As President Vetoes Crypto Regulation Legislation
Panama’s President Laurentino Cortizo has shot down a previously approved pro-crypto bill that would allow citizens to use cryptocurrencies as a means of payment and make the Central American nation compatible with DAOs. дальше »
2022-6-17 19:22
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Binance Announces Nonsupport Of Litecoin’s MWEB On Deposits And Withdrawals
Billionaire Bill Gates has lambasted cryptocurrencies and NFTs, once again making known his distaste for the asset class. дальше »
2022-6-17 17:17
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Troubled Celsius CEO Alex Mashinksy Shares Cryptic Statement After Three Days Of Radio Silence
After a three-day absence from Twitter and social media, the CEO of the embattled crypto lender Celsius, Alex Mashinsky, emerged on Wednesday to put out a cryptic statement after the company froze all customer withdrawals. дальше »
2022-6-16 14:22
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Cardano’s ‘Decoupling’ Sets It Out For Massive Bull Rally As Pundits Envision $10 ADA Price
Cardano’s “Decoupling” Sets It out for Massive Bull Rally. дальше »
2022-6-16 21:45
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Celsius Hires Restructuring Lawyers To Help Navigate Through Its Financial Woes
Cash-strapped crypto lender Celsius Network has reportedly hired restructuring attorneys from US-based law firm Akin Gump Strauss Hauer & Feld LLP to help with its current financial woes, the Wall Street Journal reported Wednesday, citing sources familiar with the matter. дальше »
2022-6-16 19:33
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JPMorgan CEO Jamie Dimon Predicts Gloomy Future For Markets
Following the unfavorable market conditions that have beclouded the crypto space over the past few weeks, the CEO of the global investment bank, JPMorgan, Jamie Dimon has expressed concerns over what he feels is still the “beginning” of “unfavorable market conditions. дальше »
2022-6-16 19:19
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Celsius Down By Over 85% This Year Following Bitcoin’s Crash
According to Protos, crypto lending platform Celsius has just 12% left of the Assets under Management (AuM) it declared in 2021. Celsius CEO had stated that the company owned $28. 6 billion in AuM, but as of today, 151,534 BTC is all that is left. дальше »
2022-6-16 18:53
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Veteran Trader Peter Brandt Warns Of More Downside As Bitcoin, Ethereum Knock At Support
Veteran stock and derivatives trader Peter Brandt has predicted a further plunge for Bitcoin and Ethereum. In a series of tweets spanning the last four days, Brandt who mostly bases his decisions on technical analysis and chart patterns posited that Ethereum could lose major support, thus pushing lower. дальше »
2022-6-16 18:40
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Top Court In New York Allows First-Ever Service Of Court Documents Using NFT
In a landmark ruling last week, the supreme court of New York airdropped an NFT “service token,” establishing a precedent that could greatly impact the Non-Fungible Token (NFT) space for decades. According to a court document dated June 6 seen by ZyCrypto, the court cleared US-based law firm ‘Holland & Knight’ to serve a defendant […] дальше »
2022-6-15 00:41
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Coinbase Lays Off 1,100 People In Preparation For Prolonged Bear Market
It has already been a challenging couple of months for the crypto sector and nobody is feeling the heat more than crypto-related employees who have been dropping like flies in recent weeks. дальше »
2022-6-15 23:53
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Class Action Suit Accuses Binance.US Of Securities Fraud For Misleading LUNA/UST Investors
A group of unhappy investors of Terra tokens is bringing a class action lawsuit against Binance.US, the American arm of the world’s largest crypto exchange. дальше »
2022-6-14 21:12
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Bank of Canada’s Deputy Governor Calls For Advancement Of Crypto Regulations
In an interview with Reuters on June 9th, 2022, Carolyn Rogers, Senior Deputy Governor of the Bank of Canada talked about the problems of the growing demand for Cryptocurrency assets in Canada. One of her concerns is that a lot of people investing in products like Bitcoin may not necessarily understand the risk and little […] дальше »
2022-6-13 17:09
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More Than 80% Of Retailers In The US Are Open To Accept Crypto Payments — Deloitte Survey
A survey released by one of the Big Four accounting firms has revealed that most US retailers are open to accepting crypto payments and are actively working towards it. дальше »
2022-6-13 16:56
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EU States Close To Rolling Out Landmark Crypto Law as Trilogue Near
The European Union is doubling down efforts aimed at passing the first crypto legislation before year-end with France and the European Parliament currently leading in the discussions with the other 26 EU member states. дальше »
2022-6-13 16:48
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Coinbase Employment Debacle Runs Deeper Than We Think – Ex-Wall Street Employees Were The Hardest Hit
Coinbase’s decision to rescind employment offers at the start of the month appears to have hit former Wall Street workers the most. The exchange is frantically trying to find new roles for the affected individuals through a talent hub. дальше »
2022-6-13 22:49
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