Category: Crypto News
UK Stablecoin Rules Approved by Lawmaker Committee
“Certain crypto assets and distributed ledger technology could drive transformational changes in financial markets,” recently-appointed Economic Secre [...]
Coinbase Says Reddit’s Success Highlights the Potential for NFTs
Even as NFT sales volumes have plummeted this year, dropping 97% from the January peak, Reddit’s success shows the potential for these tokens, the not [...]
Silicon Valley tech CEOs are not big fans of metaverses
During a Wall Street Journal event, Microsoft gaming chief Phil Spencer and Snap CEO Evan Spiegel revealed that they are not big fans of the metaverse [...]
Kazakhstan to Test National Digital Currency on BNB Chain, Binance CEO Zhao Says
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Crypto Trading Firm PGI Dissolved in UK After Alleged Scam
PGI Global UK has been shut down after allegedly scamming would-be investors of around $709,000 between July 2020 and February 2021.
www.coindesk.com [...]
Bear Market Didn’t Slow Institutional Interest in Crypto, Says Fidelity Survey
The survey was conducted between Jan. 2 and June 24 this year, covering the shift from the bull to bear market, and included 1,052 institutional inves [...]
Crypto Platform Team Finance Suffers $14.5M Exploit
The platform has paused all activity till the exploit has been mitigated.
www.coindesk.com [...]
As Bitcoin Teases 100-Day Average, Prominent Traders Say Latest Crypto Bounce Looks More Constructive Than August
The latest bounce could have legs as the market seems to have moved past the Summer gloom and doom and miners have slowed coin sales amid positive mac [...]
ConsenSys commits $2.4M annually to launch MetaMask Grants DAO
Blockchain technology firm ConsenSys will spend $2.4 million annually to fund its newly launched MetaMask Grants DAO aimed at driving further developm [...]
Core Scientific to Suspend Payments as Cash Dwindles
The world's largest bitcoin miner said in a filing that it will not make payments that are due in the next few days.
www.coindesk.com [...]
Kazakhstan to build central bank digital currency on BNB Chain
In an announcement on Twitter, Changpeng Zhao, the founder and CEO of Binance, said the network will be a major component of Kazakhstan’s latest Web3 [...]
Hong Kong to Make Retail Crypto Trading Legal: Report
Hong Kong plans to legalize retail trading of cryptocurrency as a means of becoming a crypto hub, Bloomberg reported Thursday.
www.coindesk.com [...]
Crypto Exchange FTX Is Working on Creating a Stablecoin: Report
Cryptocurrency exchange FTX is working on developing and issuing a stablecoin, CEO Sam Bankman-Fried said in an interview with The Big Whale.
www.coi [...]
NFT vending machine to make digital art more accessible at London event
Multi-chain nonfungible token (NFT) marketplace myNFT has announced it will showcase its first-ever physical NFT vending machine at this year's NFT.Lo [...]
Crypto investment firm Q9 gets provisional approval to operate in Dubai
A Hong Kong-headquartered crypto investment platform, Q9 Capital, received provisional virtual asset approval from Dubai’s Virtual Asset Regulatory Au [...]