No AML Checks For Most Transfers To Unhosted Crypto Wallets, EU Policymakers Decide

A Wednesday meeting secured a final deal on anti-money laundering legislation for crypto transfers which the industry warns could prove harmful for innovation and privacy. дальше »

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African startup integrates Creditcoin as it brings its credit transactions to the blockchain

Creditcoin Foundation and Africa-based mobile banking startup Aella have partnered to allow for blockchain-based loan transactions and records via the Creditcoin blockchain. This comes after the successful upgrade of Creditcoin and the release of v2 of the network, the foundation announced on Wednesday. дальше »

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MicroStrategy Continues Bitcoin Accumulation Amid Market Slump

MicroStrategy has signaled that it is committed to increasing its Bitcoin holdings despite the recent market downturn. The business intelligence firm announced Wednesday that it had purchased another 480 Bitcoin... дальше »

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Ethereum Needs To Breach This Level To Sustain Bullish Pace

Despite attempts by bears to drive prices down, Ethereum (ETH) managed to hold its head above water on Wednesday, topping $1,200 for the most of the session. Coingecko records indicate that as the time of writing, ETH is trading at $1,129. дальше »

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Tax Rates To Cap At 28% As India Calls For Crypto Transaction Tax Meeting

The Indian government has scheduled a panel meeting with its ministers to discuss tax rates within the country, with a potential 28% increase as reported by Bloomberg. The meeting is slated for next week Tuesday and Wednesday. дальше »

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Here is why MATIC is up by more than 25% so far today

The cryptocurrency market is performing positively today after underperforming on Wednesday. The broader cryptocurrency… The post Here is why MATIC is up by more than 25% so far today appeared first on CoinJournal. дальше »

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'Rush of radical rulemakings' — Hester Peirce criticizes SEC agenda

Peirce has called for regulatory clarity around certain issues relating to crypto as part of the SEC Spring 2022 Regulatory Agenda, which was released on Wednesday. дальше »

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First Mover Asia: DeFi’s Resilience During the Market Slowdown; Bitcoin Slumps Near $20K

DeFi is resilient in the current crypto crash; bitcoin and other cryptos sink in Wednesday trading. дальше »

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Digital Dollar Would Secure Greenback as Global Reserve Currency, Lawmaker Argues

U.S Rep. Jim Himes (D-Conn.) published a report supporting the introduction of a central bank digital currency on Wednesday. дальше »

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Citibank, Swiss Crypto Firm Partner To Develop Bitcoin Custody Services

Citibank, a major global banking institution, revealed on Wednesday that it has hired Switzerland-headquartered crypto custody firm Metaco to establish a digital asset custody platform. The collaboration will focus on tokenized securities, which are representations of stocks and bonds that are transferred and settled using blockchain technology, according to an email from a Citibank official. […] дальше »

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Tether to issue new stablecoin pegged on British Pound

Tether, the issuer of leading and largest US dollar-pegged stablecoin USDT, has announced plans to launch another stablecoin, the company said on Wednesday. The new offering will be pegged on the British Pound, the firm said, with the ticker symbol GBPT. дальше »

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Michael Saylor Spurns Critics, Says Now Is A Good Time To Buy Bitcoin

MicroStrategy chief Michael Saylor, despite recent criticisms, in a CNBC interview on Wednesday, says that now is a good time to purchase Bitcoin. During the recent interview, the billionaire noted that Bitcoin’s average price, considering the 4-year simple moving average, sits around $21,685. дальше »

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Bitcoin Slips to Nearly $20K; Citi Sees 50% Chance of Recession

Premarket futures for U.S. indices fell, while Asian equities took a hit on Wednesday. дальше »

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Bitcoin Slips to Nearly $20K, Citi Sees 50% Chance of Recession

Premarket futures for U.S. indices fell, while Asian equities took a hit on Wednesday. дальше »

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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 »

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Bitcoin Bounces Back Before Hitting 2017 Peak, Is The Bottom In?

The price of bitcoin had dropped dangerously close to the 2017 cycle peak on Wednesday. It was a brutal decline for investors who watched their BTC portfolios incur losses after losses. Speculations were rampant in the space on what a touch below $20,000 would have meant for the market. дальше »

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Bitcoin and Ethereum Price Manage to Hold Support as Stock Markets Jump Briefly

After incurring significant losses earlier this week, the Bitcoin and Ethereum prices managed to hold support this Thursday as stock markets jumped Wednesday afternoon briefly amid the Fed raising interest rates by 75 basis points to fight inflation. дальше »

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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 »

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Fidelity’s Jurrien Timmer says BTC ‘cheaper than it looks’

Bitcoin continued to fluctuate heavily on Wednesday, falling to lows near $20,000 before bouncing… The post Fidelity’s Jurrien Timmer says BTC ‘cheaper than it looks’ appeared first on CoinJournal. дальше »

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Microstrategy CEO Michael J. Saylor on Bitcoin price outlook: This is ‘ideal entry point’ for investors

MicroStrategy CEO Michael J. Saylor has said that Bitcoin (BTC-USD) at its current price levels offers an opportunity and the “ideal entry point” for any investor looking to get in. Bitcoin fell to lows of $20,193 on Wednesday, setting off panic buttons among some investors as the cryptocurrency came close to breaching the 2017 bull […] The post Microstrategy CEO Michael J. дальше »

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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 »

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Binance CEO throws shade at exchange rivals over layoffs

On Wednesday, Binance CEO Changpeng Zhao (CZ) tweeted that his firm is actively looking to fill 2,000 open positions. The post Binance CEO throws shade at exchange rivals over layoffs appeared first on CryptoSlate. дальше »

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Bitcoin Miners’ Exchange Flow Rises To Seven-Month High Amid Bloodbath

Bitcoin mining profitability has plummeted by more than 75% from the market peak, and is now at its lowest level since October 2020. Bitcoin Price Plummets Further Bitcoin’s price plummeted to a 52-week low of $20,800 on Wednesday, down from an all-time high of $68,788 by more than 70%. дальше »

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ApolloX suffers $2.8M hack after securing latest seed funding round

Wednesday, June 8, will remain a day to remember for the ApolloX management as the leading DeFi platform experienced a bitter-sweet moment. The post ApolloX suffers $2.8M hack after securing latest seed funding round appeared first on CryptoSlate. дальше »

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Sylvester Stallone’s PlanetSLY NFT Makes History on June 22nd

On Wednesday, June 22nd, Hollywood icon Sylvester Stallone will make history! Millions of Stallone fans with a credit card will be able to buy his... дальше »

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MEXC Global now accepts USD deposits & withdrawals via bank transfers worldwide

Cryptocurrency platform MEXC Global announced on Wednesday that it launched the Global Bank Transfer Program for USD deposits via the SWIFT & FedWire transfer networks.  The MEXC Global announThe post MEXC Global now accepts USD deposits & withdrawals via bank transfers worldwide appeared first on AMBCrypto. дальше »

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Over $1.5 Billion Worth Of Bitcoin Leaves Exchanges As Accumulation Wars Intensify

Bitcoin continued to trade narrowly on Wednesday after a nine-week extended sell-off. дальше »

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New York’s financial regulator issues new rules for stablecoins

The New York Department of Financial Services (NYDFS) has published a formal guidance for stablecoins in the state, laying out strict demands for issuers around asset reserves. The new rules, released on Wednesday, are targeted at licensed crypto firms that issue stablecoins. дальше »

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UPFI Network integrates Chainlink Price Feeds on Solana for stablecoin operations

According to an official announcement on Wednesday, UPFI Network has incorporated Chainlink Price Feeds into the Solana mainnet. Soft-pegged to the U. S. dollar, UPFI is a partly collateralised and partially algorithmically stablecoin platform. дальше »

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Ethereum Market Cap Cut By Over $100 Billion Last Month

The worsening condition of the crypto market has seeped through Ethereum. The market cap of Ethereum was purged by more than $100 billion last month. Ethereum was trading at $1,809. 49, down -6. 9% Wednesday, chart by Coingecko shows. дальше »

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Crypto-stock trade pairs in the cards as Swyftx inks $1.5B merger with Superhero

Speaking to Cointelegraph on Wednesday, Swyftx co-CEO Ryan Parsons revealed that its long-term plans are to explore ways to offer trading between traditional and crypto asset classes. дальше »

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Brazilian Crypto Unicorn 2TM Lays Off Over 80 Employees

2TM, the holding company for Mercado Bitcoin, Brazil's largest crypto exchange by market valuation, laid off over 80 employees on Wednesday. дальше »

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First Mover Asia: Bitcoin Sinks Below $30K Amid Renewed Risk Fears

Major altcoins fared worse in Wednesday trading, reversing most gains from the U.S. holiday weekend rally. дальше »

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OpenSea’ Former Head Of Product Indicted In Insider Trading Charge

After an insider trading incident, a court has charged the former head of product at NFT marketplace OpenSea with wire fraud and money laundering. OpenSea Employee Charged With Insider Trading Nathaniel Chastain was detained in New York City on Wednesday morning. дальше »

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GameStop Reports $76.9M in Proceeds From Sales of Digital Assets in First Quarter

GameStop reported the digital asset sales during its first quarter earnings release Wednesday. дальше »

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Binance VC Arm Raises $500M To Drive Blockchain And Web3 Adoption

Binance Labs, the venture capital and incubation unit of Binance has completed a $500 million investment funding round. According to a Wednesday, June 1 announcement, the funds were pooled from a list of leading global institutional investors including Breyer Capital, DST Global partners as well as private major equities, family offices, and corporations that contributed […] дальше »

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Kucoin Launches Decentralized Crypto Wallet As It Eyes Web3 Opportunities

On Wednesday, crypto exchange Kucoin launched its first-ever decentralized crypto wallet. According to the official announcement, the exchange seeks to harness the immense opportunity presented by web3 through its wallet, which enables integration and transfers between countless hosts in the decentralized world. дальше »

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Market Wrap: Bitcoin Declines, Resisting Seasonal Norm; Altcoins Mixed

Bitcoin (BTC) declined alongside other cryptos and stocks on Wednesday. Meanwhile, WAVES rallied by as much as 20% over the past 24 hours. The historical odds of positive monthly BTC returns diminish until Q4. дальше »

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China’s Top Court Seeks To Leverage Blockchain Technology For Its Operations

The Supreme People’s Court of China has issued an opinion on strengthening the application of blockchain technology in court operations. According to a six-point document posted on the court’s website Wednesday, the court proposes to thoroughly implement president Xi Jinping’s thoughts on the rule of law and to “promote the innovation and development of blockchain […] дальше »

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Crypto Market Downside Continues As Fed Remains Hawkish

Crypto markets continued to slide on Wednesday in response to Fed Chair Jerome Powell’s statements late last week. With current macroeconomic concerns and the perceived risk-on nature of digital assets, it may take a while for the markets to recover from the long winter. дальше »

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Biconomy price: BICO break and retest points to more upside

The Biconomy price went parabolic on Wednesday as investors cheered the growth of its… The post Biconomy price: BICO break and retest points to more upside appeared first on CoinJournal. дальше »

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Optimism price prediction: Is OP a good investment?

The Optimism price crashed hard on Wednesday as the hype died down. OP, the…

The post Optimism price prediction: Is OP a good investment? appeared first on CoinJournal.

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Portugal a crypto tax-free nation, again - At least for now

A proposal to tax Bitcoin and other cryptocurrencies was rejected by Portugal's parliament today. Left-wing parties Bloco de Esquerda and Livre advocated taxing digital assets during a Wednesday eveniThe post Portugal a crypto tax-free nation, again - At least for now appeared first on AMBCrypto. дальше »

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Building tech to make crypto mainstream, StarkWare quadruples valuation to $8b

StarkWare Industries, inventor of technology to make blockchain scalable for mass adoption, announced on Wednesday that it has raised $100M at a valuation of $8... дальше »

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Market Wrap: Metaverse Tokens Rise; Crypto Analysts Expect More Volatility

Bitcoin (BTC) and other cryptos were mixed on Wednesday. Although, some metaverse tokens such as MANA and SAND outperformed. Analysts expect higher volatility if a breakout or breakdown in BTC occurs. дальше »

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Binance signs MOU with Kazakhstan to further crypto adoption and regulation

Binance CEO Changpeng Zhao met with Kazakhstan’s president and his senior staff on Wednesday to discuss long-term cooperation.

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DeFi Platform Lido Votes Against Supporting New Terra Blockchain

Terra's revival plan was approved by network validators earlier Wednesday. дальше »

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Bitcoin Falls Under The Jurisdiction Of The CFTC – Asserts SEC’s Gensler

On Wednesday, Gary Gensler suggested that Bitcoin is a commodity token that would fall under the jurisdiction of the Commodity Futures Trading Commission (CFTC). Testifying before a subcommittee of the U. дальше »

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“I Started Using Uniswap in Prison”: Martin Shkreli

Shkreli was released from prison Wednesday. Martin Shkreli Talks DeFi Martin Shkreli, the so-called Pharma Bro who became notorious for hiking the price of the life-saving drug Daraprim by over... дальше »

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Axie Infinity’s Discord Hacked, Criminals Send Fake Minting Message

Axie Infinity, one of the most popular P2E BFT games, faced another hacking attempt on its Discord server earlier on Wednesday. The cybercriminals compromised the game’s Discord bot, MEE6, making it send out fake mint announcements. дальше »

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