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CryptoCurrency
Amidst Mass Layoffs, Binance Announces 2,000 Open Job Positions
2022-06-15T15:11:57.525+02:00
Coinbase is pruning its workforce by 18%.
Gemini in early June reduced its team by 10%.
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Celsius Suspends Crypto Withdrawals Due to Market Volatility
2022-06-13T10:05:47.839+02:00
The company wants to 'stabilize liquidity'.
It did not specify any time for resuming withdrawals.
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Retail FX
eToro Opens Up French Users to Crypto Assets with DASP Registration
2022-06-10T15:59:25.436+02:00
The new asset class joins an existing range of investment products.
eToro crypto asset recently peaked at 62.
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CryptoCurrency
Coinbase Decides against Full Acquisition of Singapore-based Zipmex
2022-06-09T23:27:52.976+02:00
Zipmex raised $52 million from its Series B fundraising round.
A new round could value the crypto exchange at $400 million.
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Analysis
CryptoCurrency
Analysis
Cardano and the Crypto Winter 2.0: Is It Just Starting?
2022-06-09T13:31:54.612+02:00
Some experts believe that we are just in a 'crypto fall'.
Fears about Cardano reaching $0.20 are looming.
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FlyCoin Inks Partnership with BitGo
2022-06-08T21:43:00.000+02:00
FlyCoin held a $33 million seed funding round earlier this year.
Among FlyCoin partners are ThanksAgain, Foley Wines and Ravn Alaska Airlines.
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CryptoCurrency
Fiat Republic Becomes EMI after Paybase Acquisition, Raises $2.5m
2022-06-08T11:00:00.000+02:00
The funding raise was led by Credo Ventures.
Fiat Republic has also partnered with a leading US bank.
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PayPal to Allow Exchange of Cryptos with External Wallets
2022-06-08T01:42:00.000+02:00
The feature is available for select US users in the first instance.
Bitcoin, Ethereum, Bitcoin Cash and Litecoin are among the supported cryptos.
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Retail FX
Australians Lost AU$158 Million to Investment Scams in H1 2022
2022-06-06T09:56:49.565+02:00
Cryptocurrency scams are most common in the country.
The regulator in the country also sued Meta for allowing crypto scam ads.
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CryptoCurrency
Japan Passes Bill That Defines Stablecoins as Digital Money
2022-06-03T18:58:47.833+02:00
The new law is expected to take effect in a year.
In 2021, the FSA established a unit to oversee digital currency regulatory frameworks.
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Analysis
Regulation
Analysis
Is Crypto Post-Trade Reporting on the Horizon?
2022-06-03T12:23:50.570+02:00
Crypto derivatives reporting already needs to be done under existing regimes.
Several top regulators are actively looking into the requirement of crypto regulations.
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BIT Mining Completes First Closing of Bee Computing Acquisition
2022-05-31T22:12:00.000+02:00
The firm issued 16,038,930 of its Class A ordinary shares to the selling shareholders.
Bee Computing was established in 2018.
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Analysis
CryptoCurrency
Analysis
Terra Luna: How These 7 Wallets Brought the Ecosystem to Its Knees
2022-05-31T11:22:16.090+02:00
New findings suggest 7 wallets may have played a major role in UST collapse.
How a bug in the Anchor Protocol allowed a user to earn $800k at the Launch of Luna 2.0.
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Analysis
CryptoCurrency
Analysis
Blockchain Funding: Can Countries outside Africa’s ‘Big Four’ Break the Mold?
2022-05-31T09:54:07.173+02:00
Africa's blockchain companies raised $127 million in 2021.
However, Nigeria, Kenya, South Africa and Seychelles alone got 96% of the funds.
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Most Salvadorans Still Prefer US Dollar over Bitcoin, Survey Finds
2022-05-30T21:47:00.000+02:00
62.3% of the Salvadorans surveyed do not agree with Bitcoin's approval as legal tender.
Bukele faces backlash over current BTC investments amid crypto winter.
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South Korean Authorities Summon Employees at Terraform Labs
2022-05-30T19:22:00.000+02:00
Investigations on Terraform Labs are underway in South Korea.
Authorities are looking at LUNA's profit model.
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News
Elliptic Announces Investment from JP Morgan in Series C Funding
2022-05-26T23:18:00.000+02:00
The Series C funding round was led by Evolution Equity Partners.
The firm said such an investment will bolster its global expansion.
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MoonXBT to Offer Full Refund to Users Involved in LUNA-Driven Crisis
2022-05-19T23:18:00.000+02:00
The platform deployed an emergency shutdown on 10 May.
The compensation will go to those who were affected by the shutdown.
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South Korean Agency Fines Terraform Labs for Tax Evasion
2022-05-19T19:24:00.000+02:00
The authorities fined its Co-Founder Do Kwon.
Do Kwon was reportedly 'unsatisfied' with the taxation system.
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CryptoCurrency
CoinRegTech Gets 20-Year Exclusive Access to BroadPeak’s Data Platform
2022-05-18T17:16:30.256+02:00
The licensing will enable CoinRegTech to expand its regulatory compliance services.
K3 is a low-code ETL data platform.
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Regulation
South Korean Regulators Call for Emergency Inspection after LUNA Crash
2022-05-18T01:43:00.000+02:00
The measure comes in the wake of LUNA and TerraUSD prices' decline across the board.
TerraUSD and LUNA have attracted around 200,000 South Korean investors.
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BitMEX Launches Spot Trading Services, Lists 7 Crypto Pairs
2022-05-17T13:00:39.808+02:00
The trading services will be available against USDT.
It is giving away $1 million in cryptocurrency to spot traders on the new platform.
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Ether Capital Corporation Reports a Revenue of $1.2 Million in Q1 2022
2022-05-16T21:42:00.000+02:00
The total value of the firm's assets was $193.2 million.
The total shareholders’ equity of Ether Capital Corporation was $192.7 million.
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CryptoCurrency
As Crypto Markets Rebound, LMAX Hits Highest Volume Yet in 2022
2022-05-13T21:26:00.337+02:00
The exchange is yet to surpass its peak records from around June 2021.
Is the crypto markets rally sustainable or a dead cat bounce?
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CryptoCurrency
MARA to Build Pan-African Crypto Exchange, Advise CAR’s President
2022-05-13T17:16:38.019+02:00
Coinbase Ventures is one of the top investors backing the startup.
CAR is first African country to make Bitcoin a legal tender.
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