DBS bank reports 4x growth in Bitcoin buys on DDEx exchange in JuneCrypto investors bought four times more Bitcoin on DBS Bank’s DDEx in June than in April 2022 as BTC price dipped below $20,000.Aug 23, 2022Helen Partz
One-third of estimated 115M Indian crypto users concerned about regulationsA KuCoin survey estimates that some 115 million Indian citizens are invested in cryptocurrencies, while many are still concerned about the government’s stance toward the sector.Aug 23, 2022Gareth Jenkinson
Bitcoin addresses in loss hit 1-month high as BTC price retests $21KThere are now more than 17.5 million Bitcoin wallets underwater with little faith in a rebound coming from analysts in the face of a surging dollar.Aug 23, 2022William Suberg
Iran Import Association demands regulatory clarity to use crypto in foreign trade Corporate lobbyists urge the government to create a proper infrastructure and avoid the emergence of business rent.Aug 23, 2022David Attlee
Bitcoin mining to cost less than 0.5% of global energy if BTC hits $2M: ArcaneBitcoin may be a significant energy consumer in 2040, but only if its price reaches several million dollars, according to new estimates by Arcane Research.Aug 23, 2022Helen Partz
AMM protocol SudoRare disappears from the internet with 519 ETHSudoRare suddenly shut down its services and social media accounts after reportedly making away with 519 ETH, worth roughly $815,000.Aug 23, 2022Arijit Sarkar
Ethereum community splits over solutions for transaction censorshipSocial slashing and even a user-activated soft fork have been suggested as possible responses to the threat of transaction censorship on Ethereum.Aug 23, 2022Brayden Lindrea
PayPal adds to list of crypto heavy hitters on the TRUST network PayPal has stepped up its regulatory compliance by joining TRUST to streamline its reporting requirements relating to the digital assets “travel rule.”Aug 23, 2022Brian Quarmby
Bitcoin won’t hedge inflation until it hits 1B wallets: ScaramucciThe Skybridge Capital CEO said Bitcoin needs much more proliferation before it can act as an inflation hedge.Aug 23, 2022Luke Huigsloot
Telegram founder suggests ‘NFT-like smart contracts’ to auction usernames “Imagine how successful Telegram with its 700 million users could be if we put reserved usernames, group and channel links for auction,” the Telegram founder wrote.Aug 23, 2022Brian Quarmby
Crypto security experts raking in $430K salaries amid spike in hacksThe demand for blockchain security experts comes amid a rise in crypto hackings in 2022.Aug 23, 2022Brayden Lindrea
South Korean financial majors want to create virtual assets exchange in 2023: ReportSamsung Securities, Mirae Asset Securities and Shinhan Financial Investment are among the financial heavyweights in talks with the government to create the exchange.Aug 22, 2022Derek Andersen
NFT lending protocol Bend DAO proposes emergency changes amid credit crisis"We are sorry that we underestimated how illiquid NFTs could be in a bear market when setting the initial parameters," says the Bend DAO dev team.Aug 22, 2022Zhiyuan Sun
Fed teases master accounts for crypto banks: Law Decoded, Aug. 15-22The new guidelines from the Federal Reserve hold a prospect of “the most stringent review” for non-federally insured institutions.Aug 22, 2022David Attlee
Canaan exec says opportunity outweighs crisis as Bitcoin miners struggle with shrinking profits This bear market is proving to be especially tough for Bitcoin miners, but Canaan senior vice president Edward Lu says the industry is “evolving toward a positive long term.”Aug 22, 2022Ray Salmond
Prosecutors want to claim NFTs as securities, alleges legal team of former OpenSea employee“The government has brought the instant prosecution using ill-founded applications of criminal law to set precedent in the digital asset space,” said Nathaniel Chastain’s lawyers.Aug 22, 2022Turner Wright
Facebook and Twitter will soon be obsolete thanks to blockchain technologyOn Web2 — Twitter and Facebook — users do not own their own content or followers. That isn’t the case on Web3, where our corporate overseers will become powerless.Aug 22, 2022Darius Moukhtarzadeh
Tencent receives patent for blockchain-based missing persons posterThe simple patent idea took three years to be granted regulatory clearance.Aug 22, 2022Zhiyuan Sun
Cryptocurrencies react to Jackson Hole, Fed rate hike plans and a weakening bear market rallyThe price action in Bitcoin, altcoins and stocks reflects investors’ anxiety over the Fed’s rate hike plans, a weakening bear market rally and this week’s Jackson Hole economic symposium.Aug 22, 2022Rakesh Upadhyay
FCA highlights limited role as unregistered businesses continue to operateCrypto.com has become the latest company to register with the United Kingdom's Financial Conduct Authority, while many continue to operate without approval.Aug 22, 2022Gareth Jenkinson
Crypto.com moves forward with multimillion-dollar renovation of Staples Center following staff cuts"Brave of them... maybe fortune favor them," said one Redditor in response to an artist's rendering of the renovations.Aug 22, 2022Turner Wright
Acala community votes to burn 2.97 billion of erroneously minted aUSD stablecoinA total of 3.022 billion aUSD were previously minted via a liquidity bridge glitch.Aug 22, 2022Zhiyuan Sun
Bitcoin whales attack sellers at $22.3K as euro drops below USD parityBitcoin struggles to make a return to higher levels despite geopolitical uncertainty striking the Eurozone.Aug 22, 2022William Suberg
Summer doldrums? Crypto volumes are down 55%, according to CoinShares Bitcoin investment products, which include ETFs, ETPs and Grayscale’s GBTC, saw a third consecutive week of outflows.Aug 22, 2022Sam Bourgi
Voyager creditors oppose $1.9M employee retention proposal The creditors wrote that the employees are "already well-compensated" while its creditors struggle to pay their expenses.Aug 22, 2022Ezra Reguerra
Metaverse is a key factor in long-term NFT success, says new researchThe report states that global NFT transactions are projected to hit 40 million in the next five years.Aug 22, 2022Savannah Fortis
Ethereum advances with standards for smart contract security auditsThe Enterprise Ethereum Alliance has published a smart contract security audit specification to ensure consistency when it comes to smart contract security.Aug 22, 2022Rachel Wolfson
Correlation growing between crypto and equity markets in Asia, says IMFNew data shows a 10-fold increase in the return correlations between Bitcoin and stocks in some regions.Aug 22, 2022David Attlee
USDC whale holdings percentage lowest in almost two yearsUSDC tokens held by the largest addresses have dropped to a two-year low as Circle freezes Tornado Cash-related assets.Aug 22, 2022Gareth Jenkinson
Stablecoin issuers hold more US debt than Berkshire Hathaway: ReportTether, Circle and other stablecoin firms held $80 billion worth of short-term U.S. government debt as of May 2022, more than owned by Warren Buffett’s Berkshire Hathaway.Aug 22, 2022Helen Partz