Crypto regulation is in the spotlight as the EU passes the world’s first crypto legislation and SEC chair Gary Gensler is grilled on his crypto policies. Meanwhile, one kingdom has secretly been buying cryptos. These stories and more, this week in crypto. MiCA: EU Passes World’s First Crypto Law Lawmakers in the European Union have
Telegram to build a decentralized crypto exchange, Apple blocks Coinbase NFTs and SBF interviews attract less than stellar reviews. These stories and more this week in crypto. New Decentralized Exchange by Telegram Privacy-focused messaging platform, Telegram, announced that the company would begin building “non-custodial wallets†and “decentralized exchangesâ€, that would let millions of users safely
El Salvador is buying one Bitcoin per day, Pantera Capital reveals its Bitcoin price target with a timeline and the FTX saga continues as contagion spreads through the crypto market. These stories and more this week in crypto. El Salvador Buys the DIP El Salvador President Nayib Bukele announced his country would be buying one
Bitcoin outperforms the Nasdaq, MakerDAO’s co-founder is found dead in Puerto Rico and the SEC Chair wishes Bitcoin a happy birthday. These stories and more this week in crypto. Bitcoin Outperformed NASDAQ Bitcoin reclaimed the $21,000 level following its initial fall after the Federal Reserve announced yet another rate hike. Week over week Bitcoin is
A major fiat currency is now as volatile as bitcoin, Walmart outlines a crypto strategy and Bitcoin enters the Guinness Book of World Records. These stories and more this week in crypto. The British Pound is as Volatile as Bitcoin Amid the United Kingdom’s political and economic turmoil, Bitcoin’s 30-day price volatility is now almost
Binance’s blockchain is hacked, Celsius leaks user data in a court filing and Satoshi’s long-lost Bitcoin code is found. These stories and more this week in crypto. Binance’s BNB Blockchain Hacked Hackers have stolen around $600M worth of BNB tokens from Binance. Hackers targeted Binance Bridge, a cross-chain bridge that allows for the transfer of
JP Morgan CEO is again against crypto, Ripple moves closer to a dismissal in its SEC lawsuit and Binance could buy Voyager’s assets. These stories and more this week in crypto. JPMorgan CEO Attacks Crypto – Again During a congressional ceremony this week, JPMorgan CEO, Jamie Dimon was vocal in his criticism of crypto. He
The final countdown to the Ethereum merge begins, GameStop doubles down on crypto and a group of traders just made a fortune on a Coinbase glitch. These stories and more this week in crypto. Bitcoin Tops as the Dollar Drops Bitcoin surged past $21,000, marking its best day in months as the U.S. dollar index
Telegram moves into Web3, half of Bitcoin’s trading volume could be fake and an ex claims that John Mcafee faked his death. These stories and more this week in crypto. Bitcoin Drops Following Fed’s Warning Federal Reserve chair, Jerome Powell, warned households and businesses to prepare for pain as the US central bank aims to
Blackrock offers direct bitcoin exposure, FTX brings crypto swaps to Reddit and soccer clubs trademark the Metaverse. These stories and more this week in crypto. Crypto Market Rally Continues The cryptocurrency market enjoyed a positive week, following news that inflation is cooling down. With declining gas prices, the U.S. Consumer Price Index remained flat from
The FDIC warns about false Voyager insurance claims, Cathie Wood dumps Coinbase and Mercedes Benz uses Polygon’s blockchain to store data. These stories and more this week in crypto. Voyager’s Insurance Claims Were False The Federal Deposit Insurance Corporation has issued a letter to Voyager Digital, demanding an end to its false claims of insurance
Putin bans crypto payments, a district judge calls out the SEC for hypocrisy in the Ripple lawsuit and South Park slams crypto celebrities. These stories and more this week in crypto. Russia Bans Crypto for Payments President Putin signed into law a national ban on using digital assets for payments in Russia. Under the new…
Crypto companies are in trouble, the EU tries to bring order to the Wild West of crypto and TikTok’s biggest creator joins forces with a major crypto exchange. These stories and more this week in crypto. Three Arrows Capital Files for Bankruptcy Crypto investment firm, Three Arrows Capital, which managed around $10 billion in assets…
PayPal finally allows external crypto withdrawals, regulators investigate Binance over BNB issuance and what do billionaires think about crypto investments? These stories and more this week in crypto. PayPal Allows Crypto Withdrawal PayPal is finally allowing cryptocurrency holders to transfer their digital assets from its platform to other wallets and exchanges. The option to move…
New York could ban Bitcoin mining, Japan regulates stablecoins and could Bitcoin become legal tender in 3 years? These stories and more this week in crypto. New York Passes Bill on Bitcoin Mining Lawmakers in New York have passed a bill to ban certain bitcoin mining operations that run on carbon-based power sources. The bill…
More and more countries push for crypto regulation, FTX launches stock trading and Ethereum is getting closer to the proof of stake model. These stories and more this week in crypto. G7 Countries Call for Crypto Regulation G7 countries have called for the swift and comprehensive regulation of cryptocurrency in light of the Terra stablecoin…
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