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The Sudden Rise of EVM-Compatible ZK Rollups
20.7.2022
A trio of major announcements about Ethereum Virtual Machine-compatible zero-knowledge rollups came out from Polygon, Matter Labs and Scroll this week
Nigeria Leads Africa in Regulating Digital Asset Space — Securities Regulator
20.7.2022
Nigeria has taken the lead in regulating digital assets in Africa, and is one of the countries looking keenly into governing the digital asset space, an executive director with the country’s securities regulator has said. The director also made clarifications on the different regulatory...
Polygon Deploys ZK Rollup Testnet; Eyes Mainnet Launch
20.7.2022
UK Regulators to Introduce Rules for Stablecoins in New Markets Bill
20.7.2022
The much-anticipated financial services and markets bill presented to the country’s parliament includes rules for stablecoins as a means of payment
Introducing User-Centric BKEX Exchange
20.7.2022
PRESS RELEASE. BKEX (Chinese name: 币客) is a global cryptocurrency exchange that offers trading services for over 1,000 cryptocurrencies (such as Bitcoin, Ethereum, etc.). BKEX, founded in 2018 in the British Virgin Islands, is considered to be the best cryptocurrency exchange in terms of service....
Dogecoin, Bitcoin Lead Recovery Among Majors, But Some Analysts Warn of Selling Pressure
20.7.2022
Despite the gains over the past few days, some warned that investing in cryptocurrencies remains a “risky business.”
Japan's Self Regulatory Project in Peril as Financial Regulator Reprimands Crypto Advocacy Group: Report
20.7.2022
The country's crypto self-regulatory body has received an “extremely stern warning” from financial regulators over delays in anti-money laundering rules and poor governance
Binance.US Starts Affiliate Marketing Program Taking Aim at Coinbase
20.7.2022
A Binance.US representative pointed to recent reports that rival exchange Coinbase is shuttering its affiliate program
Security Service of Ukraine Shuts Down Crypto Mining Farm Near Front Line in Kharkiv
20.7.2022
Ukraine’s main law enforcement agency has busted an illegal facility mining cryptocurrencies in the Kharkiv region. The operators of the crypto farm have been minting coins using large amounts of stolen electricity, threatening energy supply to critical infrastructure, the agency said....
Solana's New Daily Address Growth Outpaces Other Blockchains, SOL Jumps
20.7.2022
Data shows that active wallets using the popular network have grown by over 58% since the start of this year
Bitgo Adds Near Protocol Support — Custodian to Store Near Foundation’s Treasury
20.7.2022
On July 19, the digital asset company Bitgo announced it has partnered with the Near Foundation and will be “the first qualified custodian to support the protocol and its assets, including its native token.” The collaboration will give institutions holding near protocol (NEAR) tokens...
Crypto Exchange Gemini Axes 7% of Its Staff in Second Wave of Layoffs
20.7.2022
Gemini, the cryptocurrency exchange owned by the Winklevoss twins, is laying off more staff. According to reports, the company is axing 7% of its current workforce, as it engages in significant cost-cutting policies. This is the second wave of layoffs at Gemini, after the company laid off 10%...
Financial Superintendence of Colombia Presents Project to Regulate Crypto Service Providers
20.7.2022
The Financial Superintendence of Colombia presented a project that seeks to bring clarity to how links between banks and virtual asset service providers (VASPs) will be handled in the future. The document defines certain key concepts and determines a set of prerequisites that banks need to verify...
Digital Token Issued In Russia to Facilitate Investments in Palladium
20.7.2022
Transactions with digital assets backed by precious metals are beginning in Russia with the launch of a token for palladium. The rare metal, which is used in jewelry and has some high-tech applications, is not a publicly available asset in the Russian Federation. Atomyze and Rosbank Issue Digital...
Harvard Professor Rogoff: Central Banks, Governments Are ‘Way Behind the Curve’ in Regulating Cryptocurrencies
20.7.2022
Harvard Professor of Economics and former chief economist at the International Monetary Fund (IMF) Kenneth Rogoff says central banks and governments are “way behind the curve” in regulating cryptocurrencies. He added that officials throw out the idea of having central bank digital...
Tribe Capital Hires Republic Capital Co-Founder Revsin as Managing Partner
20.7.2022
Boris Revsin will oversee equity and crypto funds plus Tribe’s new $25 million crypto incubator
Finder’s Experts Predict Ethereum Falling to $675 — Long-Term ETH Predictions Lowered Considerably
20.7.2022
A panel of “industry experts” has predicted that ethereum will bottom out at $675 before the year-end. They have “considerably lowered” their ether predictions since the start of 2022 and are now expecting the price of the cryptocurrency to end the year at $1,711 before...
Another Twitter Hack Hits the NFT Community
20.7.2022
An NFT influencer’s Twitter and Discord accounts were compromised on Tuesday in what many fear could be a widening takeover
First Mover Asia: Dissecting Three Arrows Capital's Fall; Ethereum Merge Spurs Continued Market Gains
20.7.2022
Thanks to the transparency of court documents, the public knows how much the beleaguered crypto hedge fund owes different creditors; the second largest crypto by market cap has risen about 50% over the past week
Bitcoin.com Simplifies Cryptocurrency Payments, Enhances Data Sovereignty With Unstoppable Domains Partnership
20.7.2022
In partnership with Unstoppable Domains, Bitcoin.com is making it easier than ever to use cryptocurrency as a payment method. Users of the multichain Bitcoin.com Wallet can now send cryptocurrency to the full range of domains offered by the blockchain-based domain provider. This means, for example...