Fri, January 17

Will the Cryptocurrency Market Get Back on Track?

The 24 hours global cryptocurrency market volume has decreased by 99.93%. Recently, Google announced it will accept crypto as payment for its cloud services. Still, the global cryptocurrency market is facing volatility. The most prominent cryptocurrency Bitcoin (BTC), decreased by more than 72% from its all-time high. Following that, the

October 17, 2022 2 mins read

CFTC Commissioner Plans to Define Retail Investors

She stated her intention to offer a new retail investor definition. Christy would begin by posting a more casual idea on the website and soliciting feedback. Given that the CFTC is expected to assume responsibility for spot crypto trading. Commissioner Christy Goldsmith Romero has said that the agency has to

October 17, 2022 2 mins read

UK FCA Appoints Binu Paul as New Digital Assets Department Head

To legally operate in the UK, crypto businesses need to get FCA-authorization. Paul served as the Financial Markets Authority of New Zealand’s lead fintech specialist. Binu Paul has been named the new head of digital assets at the Financial Conduct Authority, the primary financial regulator in the United Kingdom. Previously,

October 16, 2022 2 mins read

Crypto Service Providers Restrict Russians Amid Recent Sanctions

Crypto.com had added Russia to the list of nations it would not provide service. Bitmex, another marketplace, will also implement new limits. A number of service providers in the sector have made efforts to comply with the new restrictions imposed around a week after the European Union approved another set

October 16, 2022 2 mins read

Former Morgan Stanley CEO John Mack on Cryptocurrency

John Mack, a former CEO of Morgan Stanley, discussed cryptocurrencies in an interview. From June 2005 to January 2010, Mack served as the global investment bank’s chief executive.  The former Morgan Stanley executive also talked about whether Wall Street will eventually be all digital. “You’ve got to make sure it’s

October 16, 2022 1 min read

MetaMask Now Supports Instant Crypto Purchase Via Bank

The parent company of the popular cryptocurrency wallet MetaMask, ConsenSys, has announced an integration with the fintech business Sardine that would make it simpler for customers to convert cash into cryptocurrency. Instead of waiting for their funds to clear, MetaMask users may now quickly fund their cryptocurrency wallets with bank

October 15, 2022 2 mins read

Chainalysis Reports Crypto Activity Surge in Russia and Ukraine

High inflation has affected people in both nations as a result of the war’s economic toll. Ukrainian hryvnia-denominated trade volume increased by 121% to $307 million in March. There was a spike in crypto transactions between Russia and Ukraine shortly after hostilities broke out in late February. While Russian transactions

October 15, 2022 2 mins read

NYDIG Lays Off Around 110 Employees Amid Crypto Winter

A number of big crypto firms have already announced layoffs this year. New leadership at NYDIG includes Tejas Shah as CEO. NYDIG announced in January that it had secured $1 billion at a valuation of over $7 billion. With the intention of expanding its institutional-grade Bitcoin platform to include Lightning

October 15, 2022 2 mins read

13% of Canada Citizens Hold Bitcoin (BTC) as per Report

13% of Canadians have Bitcoin, up significantly from 5% in 2018-2020. Additional research on Bitcoin has been conducted by the Bank of Canada since 2016. Key figures reflecting Canadians’ preference for crypto assets have been released by the Bank of Canada. As part of its Financial System Review. New statistics

October 15, 2022 2 mins read

Skype Co-founder Leads $13M Investment in Mining Gear Firm

Metaplanet’s investment is not Tallinn’s first step into cryptocurrencies. Tallinn acknowledged owning majority of his fortune in Bitcoin. Fabric Systems, a cryptography hardware technology firm, has completed a seed round raising $13 million from investors. In order to develop low-power Bitcoin mining gear. The funding came from 8090 Partners, a

October 14, 2022 2 mins read
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