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Cryptocurrency
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cryptocurrency
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CryptoCurrency
‘Post Ethereum Merge Crypto Flows Indicate Continued Caution among Investors’
2022-09-19T21:06:46.921+02:00
Digital asset investment products saw inflows of US$7 million last week.
Digital assets under management stood at US$26.9 billion as of last Friday.
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FCA Says FTX Operating in the UK Without Approval
2022-09-19T12:09:15.784+02:00
The crypto exchange did not reveal its take on the regulatory alarm.
It received a Cyprus license earlier this year.
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EmpiresX 'Head Trader' Pleads Guilty for $100M Crypto Ponzi Scheme
2022-09-09T10:36:28.628+02:00
The scheme defrauded investors of around $100 million.
A separate CFTC complaint is seeking full restitution to defrauded participants.
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Regulation
Bank of Russia Agrees to Allow Cryptocurrencies for Cross-Border Payments
2022-09-05T13:22:25.053+02:00
The country might soon bring legislation to enable crypto cross-border payments.
Earlier, the country banned the usage of crypto for payments.
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Regulation
Thailand’s SEC Mandates Risk Disclosure for Crypto Ads
2022-09-02T12:37:14.740+02:00
The regulator is taking aggressive action against lapses in the industry.
Companies have 30 days to comply with the new rules.
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News
Thailand’s SEC Fines Bitkub Subsidiary $234K for Insider Trading, Bans Executive
2022-08-31T11:02:51.422+02:00
The executive bought the tokens ahead of the public announcement of the SCB takeover.
He had inside knowledge of the acquisition talks.
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News
Upbit and Bithumb Post Massive Decline in H1 2022 Sales and Profits
2022-08-31T09:12:40.601+02:00
These are the two largest crypto exchanges in the country.
The numbers show the bearish sentiment in the South Korean crypto market.
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Regulation
MAS MD Confirms Singapore’s Plan to Curb Retail Crypto Leverage
2022-08-29T08:27:17.688+02:00
He did not provide any timeline for bringing such restrictions.
He admitted that a blanket ban on crypto will never work.
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News
Afghanistan’s Taliban Government Shuts 16 Crypto Exchanges
2022-08-26T09:27:08.898+02:00
The police also made arrests during the crackdown.
The popularity of cryptocurrencies skyrocketed after the Taliban takeover.
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News
Siam Commercial Bank Scraps $500M Acquisition Deal of Crypto Exchange Bitkub
2022-08-25T13:04:17.588+02:00
The lender was supposed to purchase 51 percent of Bitkub stakes.
It cited unresolved regulatory issues behind the decision.
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News
FTX’s 2021 Revenue Jumped 1,000% to $1 Billion
2022-08-22T10:10:32.706+02:00
The US arm of the exchange only brought in 5 percent of the total revenue.
FTX did not reveal the figures officially.
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Op-ed
CryptoCurrency
Op-ed
NFTs Embed Crypto Fundamentals in Popular Culture
2022-08-15T17:30:00.000+02:00
NFTs take crypto in new directions and encompass many fields, including art and gaming.
NFTs onboard new crypto users who begin using decentralized mechanisms in novel ways.
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CryptoCurrency
Best Cryptocurrency Networking Events in UK
2022-08-10T17:39:34.453+02:00
London has become one of the leading crypto hubs in the world, showcasing key events.
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Finance Magnates Staff
Executive Moves
Asif Razzaq Joins Dubai’s MidChains as Head of Trading
2022-08-10T15:47:48.122+02:00
Razzaq is a former forex executive at Noor Bank.
The executive's career spans over almost two decades.
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Crypto Exchange Zipmex Files for Bankruptcy Protection in Singapore
2022-07-29T10:06:41.936+02:00
It is seeking a moratorium period against creditors' claims.
It suspended all withdrawals earlier this month.
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CryptoCurrency
Valour to List Its ETPs on the Lang and Schwarz Exchange
2022-07-26T23:28:00.000+02:00
Valour Enjin ETP will start its trading next week.
Lang & Schwarz Aktiengesellschaft operates a platform for OTC trading.
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CryptoCurrency
Three Arrows Capital Founders Finally Speak Up, Mull Over Move to Dubai
2022-07-22T14:46:49.526+02:00
The co-founders are looking to move to Dubai in the United Arab Emirates.
They described the collapse of their crypto hedge fund as 'regrettable'.
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Regulation
Taiwan Bans Cryptocurrency Purchases with Credit Cards
2022-07-22T13:16:08.198+02:00
The local regulator instructed banks and credit card providers to cut ties with crypto firms.
It has provided three months for financial companies to follow the new rule.
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CryptoCurrency
Coinbase’s Deal Count Slumps 34% QoQ but Rises 68% YoY in Q2
2022-07-21T22:39:07.028+02:00
The deal count dropped from 71 to 47 in Q2.
The United States accounted for 64% of Coinbase Venture's 356 portfolio companies.
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News
Thailand-Focused Crypto Exchange Zipmex Suspends Withdrawals
2022-07-20T13:16:05.586+02:00
It cited market volatility and other uncertain conditions behind the move.
Earlier, Coinbase backed out from acquiring this crypto exchange.
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News
Nebeus Receives Green Light from Spanish Regulators
2022-07-19T19:23:00.000+02:00
The European startup obtained a VASP license from the Bank of Spain.
The company was founded in 2014.
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Analysis
CryptoCurrency
Analysis
Can MiCA Take Europe to the Crypto Promised Land?
2022-07-18T12:12:01.620+02:00
MiCA seeks to put an end to the 'crypto wild west' in Europe.
However, it must first drive uniformity across the continent's fragmented crypto landscape.
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CleanSpark Acquires Bitcoin Mining Machines to Expand Its Capacity
2022-07-14T19:01:00.000+02:00
CleanSpark is a NASDAQ-listed firm under the CLSK ticker.
The manoeuvre adds 93 petahashes per second to the company's capacity.
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Survey Reveals a High Crypto Adoption Rate among Saudi Arabians
2022-07-13T19:23:00.000+02:00
76% of crypto investors have less than one year of experience in crypto investment.
The survey found that 63% of crypto investors are men.
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News
Small South Korean Exchanges Fear Shut Down amid Crypto Sell-Off
2022-07-13T01:18:00.000+02:00
Upbit, Bithumb, Coinone, Korbit and Gopax are the heavyweights in South Korea.
Experts believe it is tougher for small crypto exchanges to achieve sustainable growth.
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