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News
Founder of Crypto Derivatives Platform Sentenced to 6 Months of Home Detention
2022-05-21T13:30:40.625+02:00
Arthur Hayes has been sentenced in connection with his violation of the BSA.
According to the US Justice Department, Hayes failed to institute AML or KYC programs at BitMEX.
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CryptoCurrency
The French Binance License: Is Paris Planning to Become Europe’s Crypto Hub?
2022-05-21T12:57:55.614+02:00
Earlier this month, Binance became a fully regulated Digital Asset Service Provider in France.
However, analysts remain skeptical about the potential of Paris as a crypto leader in Europe.
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Op-ed
CryptoCurrency
Op-ed
How Web3 Is Transforming the Gaming Industry
2022-05-20T19:44:39.849+02:00
We are seeing growth in independent gaming studios utilizing web3
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CryptoCurrency
Coinbase Floats Crypto Think Tank to Research DeFi, Web3
2022-05-18T20:25:40.605+02:00
Hermine Wong, a former US govt official, was appointed director.
Coinbase to publish annual surveys in partnership with UMich.
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News
XRP Whales Transfer 92 Million Coins in 2 Transactions
2022-05-18T09:48:41.467+02:00
On Monday, 50.1 million coins were moved from Bitso to an unknown wallet.
Whale Alert also highlighted the transfer of 42 million XRP from Bitstamp.
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Op-ed
CryptoCurrency
Op-ed
NBC Poll Shows 1 in 5 Americans Have Invested or Traded in Cryptocurrency
2022-05-17T18:30:00.000+02:00
The poll reflected that crypto was a preferred vehicle of investment for minority groups.
In a survey, only 19% of respondents said they viewed crypto positively, while 25% negatively.
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CryptoCurrency
Predictable Crypto Chaos Brings Opportunity
2022-05-17T16:00:00.000+02:00
There are public expressions of shock and disbelief at the crypto crash that is occurring.
Though, it has been predicted by observers and analysts that crypto moves in repeating cycles.
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News
The INX Digital Company Reports Growth in New Registrations for Q1 2022
2022-05-17T08:35:27.231+02:00
In January, the company listed INX equity shares on the NEO Canadian Exchange.
Cash and cash equivalents came in at $46.6 million in the latest quarter.
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News
Voyager Digital Sees a 70% Increase in Its Quarterly Revenue for 2022
2022-05-17T03:23:00.000+02:00
The operating loss was $43.0 million for the quarter.
The platform raised $60 million in a private placement offering.
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News
Crypto Investors Buy Market Dip, Weekly Inflows Hit Record High
2022-05-16T14:13:03.390+02:00
Investors poured $274 million into crypto investment products last week.
Bitcoin attracted record-breaking weekly inflows of $299 million.
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Brokers
Dukascopy Enhances Crypto Offerings with P2P Exchange Launch
2022-05-16T13:10:22.355+02:00
The new platform will initially support 12 top cryptocurrencies.
It is focused to secure the fiat funds during the transactions.
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News
Dogecoin Has Potential as Currency, Says Elon Musk
2022-05-16T11:40:28.166+02:00
Musk has been one of the biggest supporters of the meme coin.
DOGE is currently the 10th largest cryptocurrency in the world.
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News
Goldman Sachs Joins Elwood’s $70 Million Series A Funding Round
2022-05-16T09:30:00.134+02:00
The investment round was co-led by Dawn Capital.
The company aims to expand its institutional services.
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Regulation
Nigerian Regulator Defines Crypto as Securities, Clarifies Listing Rules
2022-05-16T09:04:41.757+02:00
Exchanges in the country need to be registered with the regulator.
They need to obtain licenses for the issuance and transfer of securities.
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News
Shiba Inu and Dogecoin Lose Momentum
2022-05-14T15:39:49.555+02:00
SHIB has dropped by more than 40% within the last week.
Dogecoin has failed to retain the recent rally.
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Retail FX
Rising Crypto Sports Sponsorships: Are FX Brands Still in the Game?
2022-05-14T13:24:16.192+02:00
FX companies have dominated the global sports sponsorship sector during the last decade.
However, with huge marketing budgets, crypto brands have cracked some historic sponsorship deals in the last 2 years.
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CryptoCurrency
Crypto Market: Sustainable Rally or Dead Cat Bounce?
2022-05-13T16:34:58.466+02:00
The market cap of digital assets has dropped by more than $500 billion in the last 7 days.
However, Friday’s 10% rebound has given crypto supporters a glimpse of optimism.
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News
Binance Announces Suspension of LUNA and UST Trading
2022-05-13T14:14:13.621+02:00
The company has suspended spot trading for the LUNA/BUSD and UST/BUSD trading pairs.
Cryptocurrency LUNA has crashed by more than 99%.
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Chainalysis Secures $170 Million in Series F Funding
2022-05-13T08:17:35.267+02:00
The company received a valuation of $8.6 billion.
The investment round was led by GIC.
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Retail FX
FX and Crypto Trading Platform CEO Charged for $59 Million Fraud
2022-05-13T07:17:10.249+02:00
He promised investors a weekly return of 5 percent.
He only invested a part of the investors’ funds and suffered a loss of over $6 million.
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News
US Authorities Sentence Crypto Trader to 42 Months in Prison
2022-05-12T08:49:19.851+02:00
Jeremy Spence defrauded more than 170 investors.
The Securities and Commodities fraud unit is handling the case.
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Executive Moves
EQONEX Selects Paul Ewing as Chief Operating Officer
2022-05-11T16:07:21.306+02:00
Daniel Ling has been appointed as the CFO.
Andrew Eldon has resigned from his position as the COO.
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News
Gate.io Introduces Institutional Services Arm
2022-05-11T12:23:57.263+02:00
The new arm will facilitate market makers and brokers.
Gate Institutional will also issue an exclusive NFT pass.
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News
Bitcoin Exchange Inflows Increase during Market Correction
2022-05-11T10:55:22.255+02:00
In just one week, 0.52% of the Bitcoin supply has returned to exchanges.
Amid market correction, the BTC supply in profit has decreased by almost 10%.
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ADVERTISEMENT
Op-ed
CryptoCurrency
Op-ed
Crypto Crashes Clear the Air for NFTs
2022-05-10T18:30:00.000+02:00
Crypto markets are so volatile that there isn’t usually too emotional a reaction to dips in prices.
Just occasionally though, total fear takes over, and it is getting close to that kind of panic.
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