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Ether, Bitcoin Could See Turbulence as Open Interest Leverage Ratio Soars to Record High

30.8.2022
"The rising ratio indicates open interest is outpacing market size and increases the risk of volatility," one researcher said

Founder of Turkish Crypto Exchange Thodex Arrested in Albania

30.8.2022
The founder disappeared in 2021, taking with him funds from 400,000 users

South Korea Must Reverse Ineffective Ban on Crypto ICOs, Central Bank Says

30.8.2022
The Bank of Korea says domestic companies like stablecoin issuer Terra were able to circumvent the ban and sell digital tokens to locals by setting up corporations overseas

Blockchain Gaming Platform Xterio Raises $40M Led by Partner FunPlus

30.8.2022
The round was co-led by Makers Fund, FTX Ventures and XPLA

Crypto Custody Firm Fireblocks Adds Support for Solana Blockchain’s DeFi, NFT, Gaming Apps

30.8.2022
Cryptocurrency custody firm Fireblocks has begun providing support for the Solana blockchain’s ecosystem of decentralized finance (DeFi) developers, non-fungible token (NFT) applications and other Web3 activities

Elon Musk Sends Second Letter Terminating Twitter Acquisition

30.8.2022
Tesla (TSLA) CEO Elon Musk sent a second letter calling off the $44 billion acquisition of Twitter (TWTR) in case one sent in July is deemed invalid

Australia Starts Research Program to Explore Digital Asset Opportunities

30.8.2022
The DFCRC is an industry-led cross-disciplinary consortium that has 25 partners from the finance, academia and regulatory sectors, including the Reserve Bank. Australia's Reserve Bank Governor Philip Lowe was at the launch. Earlier this month, the Australian central bank entered into...

Indonesia's Biggest Tech Firm Enters Crypto With Purchase of Local Exchange: Report

30.8.2022
GoTo Gojek Tokopedia, Indonesia's biggest tech company, has entered the cryptocurrency market with the purchase of local crypto exchange Kripto Maksima Koin, Reuters reported Monday

Crypto Lender Hodlnaut Placed Under Interim Judicial Management by Singapore Court

30.8.2022
Troubled crypto lender Hodlnaut has been placed under interim judicial management in Singapore three weeks after it was forced to freeze withdrawals due to "difficult market conditions"

FBI Asks DeFi Platforms to Increase Security Measures, Warns Crypto Investors Against Vulnerabilities

30.8.2022
The warning comes after a slew of DeFi hacks this year, which has led to investors losing billions of dollars worth of crypto

First Mover Asia: Taipei Blockchain Week Imperiled by Government’s COVID-19 Quarantine; Bitcoin Rebounds Above $20K

30.8.2022
Organizers are exploring the use of residency visas for potential attendees and are optimistic they will hold a successful event; ether climbs

Brazil’s Largest Private Bank, Itaú, Selected by Central Bank to Develop a DeFi Liquidity Pool

29.8.2022
The Banco Central do Brasil chose seven other projects as part of the Financial and Technological Innovation and Technology Laboratory

‘Obvious Nonsense’: Prominent Blockchain’s Founder Dismisses Smear Campaign Allegation

29.8.2022
Avalanche founder Emin Gün Sirer said the allegations – which drove the token down about 11% – are “categorically false.”

Federal Reserve’s FedNow Set for Mid-2023 Debut

29.8.2022
The instant payments service is currently being piloted by 120 firms, including banks and payment processors

Market Wrap: Bitcoin and Ether Rebound Halts 3-Day Losing Streak

29.8.2022
Bitcoin (BTC) started the week in positive territory, rising 3% on average trading volume. The largest cryptocurrency by market capitalization rebounded on Monday following three consecutive days of losses. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto...