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PortuguêsWhat is stagflation, how to fight it with crypto and how are the cryptocurrency markets impacted by high inflation and economic downturn? What does stagflation mean for Bitcoin? As stagflation…
Continue ReadingTemasek-backed Amber has raised about $50 million in funding from a new sovereign fund, with the deal to be announced in January. Cryptocurrency trading firm Amber Group is putting its…
Continue ReadingThe European Commission has set out to oblige platforms processing crypto transactions for EU residents to share information with tax authorities in the Union. According to the proposal, all crypto…
Continue ReadingJapanese authorities have postponed FTX Japan’s suspension deadline because the firm has so far failed to return assets from custody to creditors. The Japanese subsidiary of the now-defunct cryptocurrency exchange…
Continue ReadingA new study reveals Turkey in second place for crypto-related searches worldwide and first place for Dogecoin-related searches. The crypto market slump doesn’t mean interest in crypto is also down. A new…
Continue ReadingThe Digital Money Institute’s third annual payments report looks at CBDCs for the first time, as well as other payment methods, through the lens of cross-border payment utility. Central bank…
Continue ReadingThe Crypto-Asset Environmental Transparency Act would instruct the Environmental Protection Agency to report on crypto mining activity consuming more than 5 megawatts. Three United States lawmakers have introduced legislation that…
Continue ReadingThe team stated on Twitter that deposits would be disabled “shortly” and withdrawals within 30 days. The developers of bridging platform Ren have warned users to unwrap their tokens and…
Continue ReadingAccording to a former employee, an internal team at BlockFi raised concerns about the borrower pool being too concentrated among crypto whales, such as Three Arrows Capital and Alameda. Following…
Continue ReadingUsers will be able to withdrew their staked Ether and applicable rewards after the upgrade goes live. According to a discussion at the 151st Ethereum Core Developers Meeting on Dec.…
Continue ReadingWAVES price and its USDN stablecoin lose value after the Digital Asset eXchange Association issues a caution notice and Upbit exchange delists the token. Algorithmic stablecoins have had a rough…
Continue Reading“FTX’s collapse shows that crypto may be more integrated into the banking system than regulators are aware,” said Senators Elizabeth Warren and Tina Smith. Two members of the United States…
Continue ReadingThe company’s latest initiative will allow users to open up a U.S. dollar checking account with only their name, email, and phone number. American fintech company ZELF has introduced an…
Continue ReadingThe firm manages more than $14.7 billion in digital assets through its OTC investment vehicles. According to statistics sourced from data aggregator YCharts, seven digital currency funds issued by asset…
Continue ReadingThe new legislation will bring a licensing regime for the virtual asset service providers requiring them to pass strict AML and money laundering guidelines. Hong Kong’s legislative council has passed…
Continue ReadingCompanies extracting cryptocurrencies in Kazakhstan will be allowed to purchase only excess electricity on a government-controlled market. The decision comes with new legislation approved by lawmakers which regulates the activities…
Continue ReadingThe crypto mining industry may see a two-fold increase in its share of Russia’s power consumption in 2022, according to a high-ranking official from the Ministry of Energy. The department…
Continue ReadingEU officials previously rejected an outright ban on crypto mining, but the Markets in Crypto Assets bill could require firms to report any potential environmental impact. Fabio Panetta, an executive…
Continue ReadingThis announcement comes months after the crypto exchange removed all trading fees for Bitcoin transactions. Binance US has announced that it has expanded its “zero fee price model” to Ether…
Continue ReadingThe new service, Interchange, will provide an alternative to the pre-funding and margin models of cryptocurrency exchanges. Crypto asset provider Zodia Custody has launched a new service to help protect…
Continue ReadingThe scope of the AUP was limited to users’ BTC holdings on Binance. According to a new document published on Dec. 7, South-African auditor Mazars confirmed that cryptocurrency exchange Binance…
Continue ReadingFollowing the FTX fiasco, retail and institutional investors alike are now looking to draw valuable conclusions. The FTX bankruptcy has sent the crypto space into a downward spiral, and the…
Continue ReadingOver the last 100 days or roughly three months, bitcoin’s market dominance among 21,958 different crypto assets worth roughly $850 billion has been under 40%. Bitcoin dominance has been under…
Continue ReadingAndrew Fierman highlighted the nuances of sanctions depending on who is involved, what is at stake and where they’re coming from. As many countries, entities and even individuals face international…
Continue ReadingThe Russian central bank supports the idea of legalizing the crypto mining business, but only if miners sell their coins to non-residents of Russia. The Russian central bank continues to…
Continue ReadingThe State Department should submit a report on the use of cryptocurrencies as a viable reward payout with evidence that suggests it’s more encouraging for whistleblowers. The United States lawmakers…
Continue ReadingA court in the Chinese city of Hangzhou has determined that non-fungible tokens, or NFTs, represent virtual property protected by the laws in the People’s Republic. The ruling comes from…
Continue ReadingThe reconsideration of the bill, ‘Regulating the industry and marketing of virtual assets — crypto assets’, received 38 votes out of a total of 80 lawmakers. The Chamber of Deputies,…
Continue ReadingThough the board can make recommendations to global policymakers, it largely acts as an advisory body with no enforcement authority. The international monitoring body Financial Stability Board, or FSB, called…
Continue ReadingThe firm sparked controversy last month after disclosing MetaMask’s data collection practices. In a privacy update published Dec. 6, ConsenSys, the developer of the popular MetaMask browser wallet, said it…
Continue ReadingThree senators said they were concerned about Silvergate following reports suggesting that the bank “facilitated the transfer of FTX customer funds to Alameda.” Three members of the United States Senate…
Continue ReadingThe DEX’s operating expenses currently amount to $5 million per year. According to a new proposal dated Dec. 6, Jared Grey, CEO of decentralized exchange Sushiswap (SUSHI), disclosed that the…
Continue ReadingTony Fadell, the man behind the iPod, iPhone and Nest Thermostat, collaborates with major crypto wallet firm Ledger to build a new cold wallet. Hardware wallet provider Ledger, known for…
Continue ReadingSaylor calls SBF the “poster child of the crypto world” while breaking down his antics, which ultimately brought the downfall of his empire. In a recent interview Michael Saylor, the…
Continue ReadingFollowing FTX’s collapse, many industry executives, influencers, luminaries, and politicians have shared their opinions about the carnage the event has caused to crypto markets and a great deal of innocent…
Continue ReadingMaple’s decision comes after Orthogonal Trading admitted on Dec 3 that it was unable to meet loan repayments following the collapse of FTX and its partner Alameda. Blockchain-based institutional capital…
Continue ReadingButerin was specifically bullish on the rise of decentralized blockchain identities to enhance user privacy. In a blog post dated Dec. 5, Ethereum (ETH) co-founder Vitalik Buterin wrote that money,…
Continue ReadingThe deal previously valued Circle at $4.5 billion in July 2021 before an upwards revision to $9 billion in February 2022. According to a new press release published on Dec.…
Continue ReadingMany in the crypto community pointed towards Bankman-Fried’s political donations and good Democratic connections via his parents, being one of the key reasons for him to evade arrest. Sam Bankman-Fried,…
Continue ReadingA Russian company has announced the country’s first authorized transaction with digital financial assets (DFAs) involving a foreign currency, China’s yuan. The deal, reportedly the largest made to date under…
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