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Japanese Bank SMBC to Foray Into NFT and Web3 Markets
27.7.2022
The Sumitomo Mitsui Banking Corporation (SMBC), the second largest of the three biggest banks in Japan, has announced it is planning to expand into digital asset businesses, including non-fungible tokens (NFTs) and Web3 platforms. The company will partner with Hashport, a group that offers...
Since 2014, Roughly 42% of Failed Crypto Exchanges Have Disappeared Without a Trace for No Apparent Reason
25.7.2022
Just recently, coinjournal.net published a report that shows the number of cryptocurrency exchanges that have failed during the last eight years. Interestingly, the researcher’s data shows that 42% of failed crypto asset trading platforms disappeared without a trace, giving users...
Q2 2022 Cryptocurrency Report Highlights Terra’s Collapse and Capital Exiting the Crypto Ecosystem
23.7.2022
On July 13, the dedicated crypto price tracking, volume, and market capitalization web portal Coingecko published the company’s “Q2 2022 Cryptocurrency Report” which discusses the last quarter’s crypto market action and insights. The 46-page report explains how the Terra...
Web3 platforms launch the Open Metaverse Alliance
21.7.2022
OMA3 will focus on proposing standards and facilitating collaboration between various stakeholders of Web3 and other industries
Trade Republic, Crypto.com Register as Cryptocurrency Operators in Italy
21.7.2022
German investment platform Trade Republic and digital asset exchange Crypto.com have registered as crypto service providers in Italy. Since February, the financial authorities in Rome maintain a registry for all cryptocurrency platforms permanently operating in the country. More Companies Register...
Bitcoin ETFs and Open Interest From BTC Futures, Options Follow Crypto Economy’s Spot Market Decline
15.7.2022
Roughly 247 days ago, the total bitcoin futures open interest across 12 different cryptocurrency derivatives trading platforms was $26.73 billion and over the last eight months, bitcoin futures open interest has dropped 60% down to $10.69 billion. Further, the bitcoin exchange-traded funds BITO...
Hong Kong to Introduce Licensing for Crypto Platforms Through AML Law
10.7.2022
New legislation tailored to regulate the crypto space in Hong Kong aims to implement a licensing regime for crypto service providers. The respective changes to the region’s anti-money laundering (AML) rules have been submitted to its legislature while a recently published report examines...
Despite the Price Drop, Number of Bitcoin Held on Exchanges Continues to Slide
10.7.2022
Roughly 49 days ago, the number of bitcoin held on exchange was around 2.503 million, according to statistics recorded by cryptoquant.com. Since then, $4.76 billion worth of bitcoin has been removed from centralized crypto exchanges, as there’s 2.275 million held on trading platforms today....
Steam Deck’s Web Browser Desperately Needs An Update
9.7.2022
As has been reported by Gaming on Linux, and chatted about on Reddit, the Steam Deck has got a bit of a security problem concerning its pretty badly outdated version of Firefox. Valve has reportedly promised a fix, but it won’t come until the next SteamOS update. That’s less than ideal. Read more
Bank of America’s Active Crypto Users Drop More Than 50% in Bear Market
7.7.2022
Bank of America has revealed that the number of its customers who are active crypto users has declined more than 50% from its peak in November last year. In addition, the bank said its data “shows that outflows to crypto platforms have fallen sharply,” indicating that...
Web3 will unite users from social media platforms, says Aave exec
6.7.2022
At this year’s NFT.NYC conference, Aave executive Christina Beltramini shared detailed insights into the platform’s recent launch and future vision
Singapore Considers Imposing New Restrictions on Crypto Trading
6.7.2022
The Monetary Authority of Singapore (MAS) has told Parliament that the central bank is considering imposing additional restrictions on cryptocurrency trading. They include “placing limits on retail participation, and rules on the use of leverage when transacting in cryptocurrencies.”...
NFT Platforms Should Be Caught by EU Money-Laundering Overhaul, Lawmakers Say
4.7.2022
Unhosted wallets and decentralized finance were left largely unscathed by two landmark crypto laws agreed to last week, but left-wing lawmakers may seek another go as they discuss dirty-money rules
Every Single English-Language SNES Manual Is Now Available Online
4.7.2022
Back in October 2020 I did a feature on a project that was trying to find every Super Nintendo manual in existence, scan them and upload them onto the internet. I’m happy to report that, as of July 2022, the project has now completed a significant—and for many of you reading this it’s...
Meta Ending Crypto Project Novi After Mark Zuckerberg Unveiled Metaverse Digital Wallet
3.7.2022
Meta Platforms, formerly Facebook, has announced the end of its crypto project Novi. Users are advised to withdraw funds as soon as possible. The announcement followed the introduction of a digital wallet for the metaverse, announced by Meta CEO Mark Zuckerberg. Crypto Project Novi Ending Facebook...
Core Everscale Developers Broxus to Host Elysium Hackathon in Belgrade and Online
1.7.2022
PRESS RELEASE. Broxus, the core development team behind many of the platforms that make up the Everscale network ecosystem, will be hosting its first-ever hackathon in Belgrade, Serbia from July 14-17. The hackathon is the latest development in what has been a remarkable 2022 for the Everscale...
Financial Companies Report First Deal With Digital Assets Under Russian Law
1.7.2022
Two companies have carried out Russia’s first transactions with digital financial assets as defined by the country’s current legislation. The deal involved the tokenization of debt issued by a third party and its subsequent acquisition. Russian Companies Conduct Issue and Placement...
Crypto Platforms Kick Off New Wave of Recruitment
30.6.2022
Several major crypto companies have commenced a new wave of recruitment amid sour market conditions.
Major crypto exchange Kraken is leading the crypto recruitment charge with 650 new positions added over the past week in the US and the UK. The positions are all full-time and remote, according...
Warren Buffett-Backed Nubank Now Offers Crypto Trading to 54 Million Customers
30.6.2022
Warren Buffett-backed Nubank, one of the world’s largest digital banking platforms, is now offering cryptocurrency trading to all of its 54 million customers. Nubank also holds bitcoin on its balance sheet. Nubank’s Crypto Service Now Available to All Customers Nubank, one of...
Opaque Platforms and Intertwined Protocols Pose Big Risk to Crypto
26.6.2022
Second article in a series about risks we’re thinking about during these crypto down days