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Buzz Over Potential Ethereum Hard Fork Token Fizzles as Price Tanks
18.8.2022
Crypto traders’ appetite to speculate on the potential Ethereum hard fork remains muted on exchanges that listed ETHPOW
Run-To-Earn Game STEPN Teams Up With Atlético de Madrid and Crypto Exchange WhaleFin for NFT Sneaker Collection
18.8.2022
The companies are releasing over 1,000 digital soccer cleats compatible for run-to-earn and eligible for real world rewards
US Tribal Nation Economic Zone Publishes Draft Rules for DAOs
18.8.2022
The Catawba Digital Economic Zone proposes laws that would allow DAOs to be organized as limited liability companies or unincorporated non-profits
Crypto Exchange Gemini Introduces Staking Support for US Investors
18.8.2022
The company hopes to capitalize on rising user interest ahead of Ethereum’s upcoming shift to a proof-of-stake model
Ethereum’s Merge Will Increase Its Use Cases and Drive Its Investment Narrative
18.8.2022
More efficiencies and scalability solutions could make Ethereum a more attractive platform to build on and invest in
Bitcoin, Ethereum Technical Analysis: ETH Below $1,900 as Ethereum Foundation Comments on Gas Fees
18.8.2022
Ethereum was once again trading below $1,900 during Thursday’s session, as the Ethereum Foundation clarified speculation surrounding The Merge. It was recently rumored that the move will reduce gas fees, however these claims were somewhat dismissed. Bitcoin was also lower, as it continued...
Digital Currency Group Leads $5M Fundraise for Blockchain Security Firm dWallet Labs
18.8.2022
The capital will help build projects on Odsy Network, a new layer 1 blockchain focused on decentralized wallet access
Tether Swaps Accounting Firms, Says It Will Publish Monthly Attestation on Stablecoin Backing
18.8.2022
Stablecoin issuer Tether Holdings has tapped BDO Italia, the Italian branch of accounting firm Binder Dijker Otte, to provide attestation reports
Bitcoin Loses Bullish Trendline as Fed Sees Restrictive Rates Needed for Some Time
18.8.2022
Increasing and elevated U.S. interest rates are headwinds for bitcoin, one researcher said
Electricity Consumption of Russian Crypto Miners Spikes 20 Times in 5 Years, Research Finds
18.8.2022
Power needs of cryptocurrency miners in Russia have grown significantly since 2017, with consumption of electrical energy seeing a 20-fold increase over the five-year period. In 2021, the minting of the coin with the largest market cap, bitcoin, required 1.25 gigawatts in the country. Experts...
South Korea's Money Laundering Watchdog Flags 16 Crypto Firms for Operating Without Registration
18.8.2022
Crypto exchanges KuCoin and Poloniex are among the foreign firms accused of conducting "illegal business activities."
Bitcoin Mining Hardware Firm Canaan Sees 'Prolonged Headwinds' After Challenging Quarter
18.8.2022
Supercomputing services provider Canaan (CAN) said Q2 revenue increased by 53% from the year-earlier quarter, but warned of the downward pressure on its performance from the tougher market conditions in the quarters ahead
Meta Launches Horizon Worlds Metaverse App in Spain and France
18.8.2022
Meta, the social network company, has expanded the services of its flagship metaverse app, Horizon Worlds, to Spain and France. This move is part of the expansion plan of Meta to offer these services to more countries in Europe this year. While the app was available as an invite-only service...
Cash-Backed HUSD Stablecoin Loses Peg, Drops to $0.92
18.8.2022
The token issued by Stable Universal has dropped to 8% below its $1 peg
US Extradites Alleged Crypto Money Launderer From Netherlands
18.8.2022
Mihaqloviv Dubnikov, 29, a Russian citizen, made an initial appearance in a federal court in Portland, Oregon, Wednesday, and his five-day jury trial is scheduled to begin on Oct. 4. If convicted, Dubnikov faces a maximum sentence of 20 years in prison
US Federal Reserve Board Unveils Final Guidelines Used When Reviewing Requests for Access to Master Accounts
18.8.2022
The U.S. Federal Reserve Board has said it has released the final guidelines which are set to be used by Reserve Banks when “reviewing requests to access Federal Reserve accounts and payment services.” According to the board, the final guidelines will become effective as soon as they...
Less Than a Month to Go Before the Finance and Fintech Industry Meets at iFX EXPO Asia
18.8.2022
Impeccably organized by Ultimate Fintech, iFX EXPO gathers more traction with every edition. Held annually since 2012 in financial hubs across Europe, Asia, and the Middle East, it is the largest financial B2B exhibition and a hot spot for thought-provoking debate. The upcoming edition, iFX EXPO...
British Fintech Revolut Granted Crypto License in Cyprus
18.8.2022
U.K.-based digital bank Revolut has been authorized by Cyprus to provide cryptocurrency services to millions of customers on the Old Continent. The fintech firm says the regulatory approval will allow it to establish a European crypto hub in the island nation. Revolut to Expand Crypto Services...
AFL’s first limited-edition NFT drop sells out in under 12 hours
18.8.2022
The limited edition digital packs came at a retail price of 34.39 USDC each, raising over $130,000 after it sold out in the first drop
Chainalysis: Illicit Crypto Activity Falls — Scam Revenue 65% Lower Than Last Year
18.8.2022
Chainalysis has found that illicit crypto volumes are down this year, with total scam revenue sitting at $1.6 billion, 65% lower than where it was through the end of July last year. “Those numbers suggest that fewer people than ever are falling for cryptocurrency scams,”...