Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
JPMorgan: Most Institutions Are Not Interested in Crypto
Reading Time: < 1 minuteAccording to the managing director of JPMorgan Asset Management, large institutional investors are still “staying away” from digital assets due to high volatility.
Hackers Steal $12M from DeFi Project Defrost Finance
Reading Time: < 1 minuteDeFi protocol Defrost Finance suffered a hacker attack on December 23.
Asset Manager Fidelity Files 3 Applications for Metaverse and NFT-Related Trademarks
Reading Time: < 1 minuteFidelity Investments has recently filed three trademark applications related to the metaverse, NFTs, digital real estate and crypto trading.
1,000 Web3-focused Startups Will Receive Support to Open Businesses in Hong Kong
Reading Time: < 1 minuteThe G-Rocket accelerator has announced it plans to support about 1,000 Web3 startups open businesses in Hong Kong over the next three years.
Decentralized Finance Critic Steps Down as SEC General Counsel
Reading Time: < 1 minuteSEC General Counsel Dan Berkowitz will retire on January 31.
Group of French Users File a Complaint Against Crypto Exchange Binance
Reading Time: < 1 minuteA group of French investors have recently filed a complaint against the local division of Binance.
94% of the Purchase of Blockfolio by FTX Was Funded with FTT Tokens
Reading Time: < 1 minuteThe acquisition of a controlling stake in crypto portfolio management service Blockfolio by FTX in 2020 was paid for 94% in FTT utility tokens.
Brazil’s Crypto Regulatory Law Receives Approval from President
Reading Time: < 1 minuteBrazil’s President has just signed a bill to regulate the digital currency market.
Former FTX CEO is Released on $250M Bail
Reading Time: < 1 minuteThe Southern District of New York has just set a bail of $250 million for former FTX CEO Sam Bankman-Fried, who has been released into the care of his parents.
Bitstamp US CEO Says Proof-of-Reserves Are Key to Regaining Trust in Exchanges
Reading Time: < 1 minuteRobert Zagotta has said that the Proof-of-Reserves (PoR) procedure is able to restore the trust of retail investors in trading platforms.
Pantera Capital Says FTX Crashed Because it Was Unregulated
Reading Time: < 1 minuteThe collapse of FTX does not mean the failure of blockchain technology or cryptocurrencies, as regulated exchanges continue to perform well.
Paxful CEO Announces the Exchange is Delisting Ethereum
Reading Time: < 1 minutePaxful CEO Ray Youssef has said the exchange users that the platform plans to delist Ethereum next December 22.
Kazakhstan’s Authorities to Force Crypto Miners to Pay Taxes
Reading Time: < 1 minuteThe lower house of the Parliament of Kazakhstan has recently adopted an amended version of the draft law “On regulation of digital assets.”
Crypto Miner Greenidge Will Sell NYDIG Mining Devices to Pay Off Debt
Reading Time: < 1 minuteMining firm Greenidge Generation has recently entered into an agreement with creditor NYDIG to sell most of its mining machines to pay off a $74 million debt.
Coinbase Shares Lose More Than 90% of Their Value Since Company’s Listing
Reading Time: < 1 minuteThe market capitalization of US-based cryptocurrency exchange Coinbase has fallen by more than ten times after it was listed on Nasdaq.
Study: DeFi Popularity in North America Reduces BTC Dominance
Reading Time: < 1 minuteBetween July 2021 and June 2022 in North America, decentralized finance (DeFi) accounted for 37% of total cryptocurrency transactions.
Guggenheim Partners Founder: The Collapse of FTX Will Trigger a Crisis in the Blockchain Industry
Reading Time: < 1 minuteThe bankruptcy of crypto exchange FTX will lead to the fact that the blockchain industry will find itself in a protracted crisis.
BTC Mining Difficulty Increases 3.27%
Reading Time: < 1 minuteThe difficulty of mining BTC has increased by 3.27% to 35.36 T after the most recent recalculation.
Tezos Launches Lima, the 12th Upgrade of its Protocol
Reading Time: < 1 minuteTezos has just announced it has activated Lima, the 12th upgrade to the protocol.
User Files Lawsuit Against Silvergate Bank for Transferring FTX User Deposits to Alameda Research Accounts
Reading Time: < 1 minuteA US user has recently filed a class action lawsuit against Silvergate Bank for reportedly transferring FTX user deposits to Alameda Research accounts.
Crypto Exchange KuCoin Requested to Register in Netherlands by Country’s Authorities
Reading Time: < 1 minuteThe Netherlands has called on the leadership of the exchange to register in the country as soon as possible.
FTX’s CEO Will Not Be Extradited to the US
Reading Time: < 1 minuteSam Bankman-Fried will not challenge extradition to the US.
The Market Cap of Stablecoins Falls by 8% in 9 Months
Reading Time: < 1 minuteInvestors have withdrawn more than $14.3 billion from stablecoins since the start of spring.
Changpeng Zhao Says Binance Has No Liquidity Problems
Reading Time: < 1 minuteThe platform has enough liquidity so, if necessary, all customers can withdraw 100% of their assets.
Nasdaq: Crypto Mining Company Bitfarms May Be Delisted
Reading Time: < 1 minuteBitfarms has recently received a notice from the Nasdaq in which it has warned the company that it might be delisted for violating its rules.
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