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Matrixport Joins Growing List of Crypto and Blockchain Companies Letting Employees Go

28.1.2023
The crypto firm Matrixport, led by former Bitmain CEO Jihan Wu, is laying off 10% of the company’s staff, according to reports published on Friday. Matrixport’s COO, Cynthia Wu, cited a “shift in the regulatory climate” and “industry-wide capitulations”...

SEC Commissioner Calls for ‘Consistent Legal Framework’ for All Asset Classes, Including Crypto

28.1.2023
A commissioner with the U.S. Securities and Exchange Commission (SEC) has called for “a coherent and consistent legal framework that works across all asset classes,” including crypto assets. She warned that the SEC’s current enforcement-centric approach would take 400 years to...

Goldman Sachs Ranks Bitcoin Best Performing Asset so Far This Year

28.1.2023
Goldman Sachs has ranked bitcoin the best-performing asset so far this year. The cryptocurrency also tops the global investment bank’s list as the asset with the highest risk-adjusted return — above gold, real estate, the S&P 500, and the Nasdaq 100. Bitcoin Outshines Other...

Global Digital Cluster Coin (GDCC) Is Now Available on LBank Exchange

28.1.2023
PRESS RELEASE. LBank Exchange, a global digital asset trading platform, has listed Global Digital Cluster Coin (GDCC) on January 27, 2023. For all users of LBank Exchange, the GDCC/USDT trading pair is now officially available for trading. With its new-age protocol and peer-to-peer network, Global...

Crypto Asset Aptos Soars to All-Time High, Increasing 391% in 30 Days

27.1.2023
During the past 30 days, the layer one blockchain asset aptos (APT) has risen 391.8% against the U.S. dollar. In the past seven days, Aptos has increased 123.7% after reaching an all-time high of $19.92 per unit on Jan. 26, 2023. The Role of Decentralized Finance, Infrastructure Support, and NFTs...

Tatsuya Kohrogi, SCO of Digital Entertainment Asset, on Web3 in Japan & Decentralizing Game Development | Ep. 199

27.1.2023
In an exclusive interview with cryptonews.com, Tatsuya (Tats) Kohrogi, SCO of Digital Entertainment Asset, talks about fundraising challenges during the crypto winter, P2E/P&E regulatory insights in Japan, and wow the growing Web3 gaming industry will help bring Web3 into the mainstream.... Read...

US Congressman Hill Aims to Make America the Go-To Place for Blockchain Innovation

27.1.2023
US Congressman French Hill aims to promote digital assets and blockchain technology in America by creating a favorable regulatory framework. Speaking on CNBC’s Squawk Box on January 26, the chairman of the newly formed congressional subcommittee on digital assets said he plans to advocate a fair...

US securities regulator probes Wall Street over crypto custody: Report

27.1.2023
The regulator has been probing registered investment advisors over how they've been offering crypto custody to their clients, according to sources

Financial Advisors See Strong Interest in Crypto — 90% Receive Inquiries About Crypto Investing, Survey Shows

27.1.2023
A new survey shows that interest in cryptocurrency remains strong among financial advisors’ clients. “Despite market performance, the most common question was: ‘Should I consider an investment in crypto?'” the survey results reveal. Financial Advisors Bullish About...

'LEAKED BIDS' — Binance, Galaxy Digital among secret bidders for Celsius assets

27.1.2023
Crypto blogger Tiffany Fong has shared documents she claims to have obtained in late December detailing several bids for Celsius' crypto assets

ISDA releases standard definitions for digital asset derivatives

26.1.2023
The International Swaps and Derivatives Association is working on two papers to address fundamental legal risks in the crypto markets

Derivatives Body ISDA Hopes New Digital Asset Norms Will Avoid FTX-Style Losses

26.1.2023
The traditional finance standard-setter has set out new digital asset definitions and is looking into crypto bankruptcies, as companies from Celsius to BlockFi undergo lengthy legal proceedings

Celsius Floats Possibility of Debt Token to Repay Creditors; Secures Court Approval to Process Customer Withdrawals

25.1.2023
The defunct crypto lender Celsius is exploring the possibility of creating a debt token to repay creditors. The plan would need to be approved by regulators, but if approved by the trustee and financial authorities, the debt token would be called an “asset share token (AST).” Celsius...

White House science office calls for comments on its digital asset research agenda

25.1.2023
The office's request for information is the latest piece in the massive research agenda in President Biden’s executive order on digital asset development

New South African Code Says Crypto Asset Ads Must Include Capital Loss Warning

25.1.2023
Crypto asset service providers in South Africa seeking to attract investors via advertisements must “expressly and clearly state that investing in crypto assets may result in the loss of capital.” Influencers working on behalf of crypto asset service providers must “not offer...

Finder’s Experts Predict Bitcoin to Peak at $29K in 2023, But Forecast a Low of $13K

24.1.2023
The price of bitcoin is set to rise in 2023, but crypto and fintech experts chosen by the product comparison web portal finder.com do not believe the leading digital asset will break the $30,000 range this year. Finder’s panel of 56 specialists convened to give their 2023 bitcoin price...

Ghanaian Cedi Second Worst-Performing Asset Among Sub-Saharan Africa’s Top 15 Currencies

24.1.2023
In just the first 17 days of the new year, the Ghanaian currency reportedly depreciated by 12.7%, making it the second worst-performing among Sub-Saharan Africa’s top 15 currencies. While one U.S. dollar bought 13.10 units of the cedi on the parallel market, according to the latest Bank...