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Pro-Crypto EU Lawmaker Eva Kaili Set to Lose Vice-Presidency Amid Corruption Probe
12.12.2022
Kaili, actively involved in European Parliament discussions on cryptocurrency and NFTs, has already been suspended from her party following allegations of lobbying by Qatar
Chinese Police Arrest 63 People Accused of Laundering $1.7B Using Cryptocurrency
12.12.2022
The illicit funds were converted into tether and then laundered by people around the world, authorities said
Biggest Movers: SHIB Slips to 20-Day Low, DOGE Also Declines
12.12.2022
Shiba inu was in the red to start the week, with prices falling to a 20-day low on Monday. The meme coin has now moved lower for four straight sessions, with the latest decline seeing price move below a key support point. Dogecoin was also down, hitting a two-week low earlier today. Shiba...
Bermuda Digital Bank Jewel Issues ‘Fully-Backed’ Stablecoin
12.12.2022
The Jewel USD stablecoin will be launching on Polygon
Bitcoin Group Agrees to Buy German Bank Bankhaus von der Heydt for More Than $15M
12.12.2022
The transaction is expected to be completed by the third quarter, 2023
Tron’s Stablecoin USDD Deviates From the $1 Peg, Justin Sun Says Team Deployed More Capital
12.12.2022
The Tron-based stablecoin USDD has once again dropped below the $1 parity to a low of $0.969 on Monday, Dec. 12, 2022. Amid the drop in USDD’s value, Tron founder Justin Sun tweeted that his team was “deploying more capital,” and the stablecoin’s web portal usdd.io claims the project...
Crypto 2023: It's Sanctions Season
12.12.2022
With state governments increasing financial sanctions in 2022, crypto services might become as cautious about "risky" users as banks have been traditionally, says Anna Baydakova
Bitcoin Mining Firm TeraWulf Raises $10M in New Capital to Repay Some of Its Debts
12.12.2022
The Maryland-based mining company also said it has restructured a previous agreement with Bitmain to add 8,200 new machines to its fleet
What the IMF Can Teach Binance About Crypto Bailouts
12.12.2022
In the aftermath of the FTX fiasco, the world’s largest crypto exchange is rushing to backstop failing firms and protocols. Should it?
Where Is the Ethereum Virtual Machine Headed in 2023? (Hint: Beyond Ethereum)
12.12.2022
With apps like Uniswap exploring Layer 2s, dYdX building on Cosmos and the rise of appchains on Cosmos next year seems fit for an explosion of EVM experimentation
How Crypto Can Repair Its Reputation in Washington
12.12.2022
Trust in the industry is at an all-time low, but key stakeholders can still rebuild relationships with regulators and politicians by focusing on what makes crypto unique: trustlessness
First Mover Americas: Cathie Wood’s Ark Buys More COIN; Do Kwon is in Serbia
12.12.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 12, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Lower Ahead of US Inflation Data
12.12.2022
Bitcoin was trading under $17,000 to start the week, as markets prepared for a big week of economic announcements. U.S. inflation figures will be released tomorrow, and are expected to fall to 7.3%. Many believe this will give way to the Federal Reserve pivoting from its aggressive rate hike...
Crypto Insurance Firm Evertas Bucks Bear Market With $14M Raise
12.12.2022
The Series A round was led by Polychain Capital and also included SinoGlobal Capital, Morgan Creek and Balaji Srinivasan
The Middle East Digital Lending Summit 2022 activates the Future of Payments and optimizes the Region’s Digital Lending Credit Wave
12.12.2022
The recently concluded inaugural edition of the Middle East Digital Lending Summit last December 6, 2022, at Pullman Dubai Creek City Centre, Dubai, United Arab Emirates, promised to open a potential opportunity for transformation and change the game in the financial sector when it comes...
Goldman: Regulators Should Protect Crypto Investors at the Point of Trust, Not the Blockchain
12.12.2022
Recent crises in the crypto market repeat a story as old as time, with a new asset attracting unsophisticated investors looking to make millions, the report said
US Prosecutors Look to Charge Binance and CZ on Possible Money Laundering Violations: Reuters
12.12.2022
The Department of Justice has also discussed possible plea deal with Binance's lawyers, the report added
Animoca Brands and TinyTap to disrupt education with auction of second set of Publisher NFTs starting 15 December 2022
12.12.2022
Animoca Brands, the company advancing digital property rights for gaming and the open metaverse, and its subsidiary TinyTap, the leading platform for user-generated educational games, today announced that the second series of teacher-authored Publisher NFTs would be auctioned on OpenSea starting...
Crypto Exchange Bybit to Add New Restrictions for Unverified Users, Update Withdrawal Limits
12.12.2022
Cryptocurrency exchange Bybit has announced upcoming changes to its know-your-customer (KYC) policy that will limit certain operations for unverified customers. The stricter requirements concern coin purchases with fiat money, NFT transactions, and withdrawal limits. Bybit to Limit Services...
Crypto Payments App MoonPay Gains UK Regulator Registration
12.12.2022
The crypto payments app was registered with the Financial Conduct Authority as of Friday, signifying compliance with money laundering rules