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Solana Commits $100M to Support South Korean Crypto Projects
8.6.2022
The fund, created by Solana Ventures and the Solana Foundation, will focus on virtual gaming, and will invest in NFT and DeFi projects
SEC Probes Binance — BNB Could Be Unregistered Security: Report
8.6.2022
The U.S. Securities and Exchange Commission (SEC) is reportedly investigating Binance’s BNB token, which could be an unregistered security. If the cryptocurrency is found to be a security, it could put Binance in a similar position to Ripple Labs which has been in an ongoing lawsuit with...
Nobel Laureate Paul Krugman Compares Crypto to Housing Bubble and Subprime Crisis
8.6.2022
Nobel Prize-winning economist Paul Krugman has compared the current state of cryptocurrency to the housing bubble and the subprime mortgage crisis. Noting that crypto lacks any real value, he said: “it is a house built not on sand, but on nothing at all.” Paul Krugman on Crypto...
First Mover Asia: For the Metaverse to Be a $13T Opportunity, Much Has to Change; Bitcoin Rises Late Past $31K
8.6.2022
A Citi report makes a bold prediction, but major metaverse platforms are struggling to attract committed users
Crypto Bank Custodia Sues Federal Reserve
8.6.2022
The bank founded by Morgan Stanley veteran Caitlin Long filed suit against the U.S. central bank for delaying a decision on its application for a master account
SpartaCats Troll DOGE With Billboard Near SpaceX Office
8.6.2022
PRESS RELEASE. SpartaCats, a novel meme-coin project based on BNB and the Everscale blockchain network, put up a digital billboard advertisement in Hawthorne, California, near the headquarters of Tesla and SpaceX. In the ad, you can see an image of cats taking off in a rocket, leaving behind...
Digital Real Will Be Used by Banks in Brazil as Collateral to Issue Their Own Stablecoins
7.6.2022
The Brazilian central bank digital currency (CBDC), the digital real, will be more of a wholesale asset instead of a public retail-focused token, according to statements from the president of the Central Bank of Brazil, Roberto Campos Neto. Campos Neto indicated that private banks in the country...
Market Wrap: Bitcoin Close to $30K as Investors Search for a Bottom
7.6.2022
Bitcoin (BTC) is trading around the $30K price level and appears to be in the mid-to-late stage of a bear market phase, according to some indicators. Meanwhile, some fund managers are hoping for a 10%-20% price jump to recover from last month's losses
Grayscale Bolsters Legal Team With Top Obama Lawyer Ahead of Spot ETF Decision
7.6.2022
Grayscale has hired Donald B. Verrilli Jr. as the firm continues its push to get its bitcoin trust converted into a spot bitcoin ETF
Bitcoin se ubica inestablemente en $30.000, con soporte entre $25.000 y $27.000
7.6.2022
Los rebotes de precios fueron de corta duración, lo que indica una pérdida de fuerza en la compra
Philippines Crypto Wallet Service Provider Coins.ph Partners With the PBA
7.6.2022
Another digital currency firm is making moves into the sports world as the Philippines crypto wallet service provider Coins.ph announced the company has partnered with the Philippine Basketball Association (PBA). The deal is the PBA’s first crypto partnership during its 47th season and...
PayPal Converts Conditional Virtual Currency License to Full BitLicense
7.6.2022
The payments company announced it would let users withdraw their crypto holdings to their own wallets earlier today
Mriganka Pattnaik, Merkle Science: ‘Compliance Is an Evergreen Space'
7.6.2022
The co-founder of the Singapore-based company wants to build a safer crypto ecosystem, all while giving early crypto industry players the tools they need to do so responsibly
Citadel Is Building a Crypto Trading Marketplace With Virtu Financial: Sources
7.6.2022
The effort also includes Citadel’s recent VC backers, Sequoia and Paradigm, with more trading firms to come, according to a source familiar with the plans
Crypto Bill Condemned by Consumer Advocates in Washington
7.6.2022
Consumer group gadflies were predictably ready with a damning quote shortly after the bi-partisan legislative proposal was made public
Bitcoin Choppy Around $30K, Support at $25K-$27K
7.6.2022
Bitcoin (BTC) price bounces have been short-lived, lacking significant momentum for a turnaround. Lower support is seen at $25K-$27K and resistance at $33K
Por qué las tasas de rendimientos de exchanges latinoamericanos duplican a las de otras regiones
7.6.2022
A pesar de la inestabilidad inflacionaria y macroeconómica, América Latina se posiciona como uno de los mercados cripto con mayor retorno de intereses en dólares para los usuarios de productos de rendimiento
Ledgible Closes $20M Series A Round With Key Institutional and Strategic Investors
7.6.2022
PRESS RELEASE. ATLANTA, June 7, 2022 – Ledgible, the leading professional-first crypto tax and accounting platform, today announced $20 million in funding for its Series A Round led by EJF Capital LLC (“EJF”) through its affiliate, the EJF Silvergate Ventures Fund. Joining...
Why Latin American Crypto Exchanges Are Doubling Down on Yield Products
7.6.2022
Despite inflation and macroeconomic instability, regional companies offer interest rates of up to 15% on different stablecoins, well above their global competitors
Crypto Unable to Shake Reputation as Ransomware Tool in Senate Hearing
7.6.2022
A Senate Homeland Security hearing painted cryptocurrencies as the favorite payments for hackers