Coinbase will 'briefly pause' ETH and ERC-20 token deposits and withdrawals during Ethereum Merge
by Cointelegraph By Turner Wright on August 16, 2022 at 4:30 pm
The crypto exchange also warned users against scammers offering ETH2 tokens, saying users did not need to take additional action to receive staked ETH prior to the Merge.
Is Bitcoin really a hedge against inflation?
by Cointelegraph By Marco Castrovilli on August 16, 2022 at 4:00 pm
Bitcoin is working as a hedge against inflation despite its 2022 weak price performance, says Steven Lubka, managing director of private clients at Swan Bitcoin.
Worried about inflation's impact on your retirement savings? Invest in cryptocurrency
by Cointelegraph By Jai Bifulco on August 16, 2022 at 3:58 pm
The global economy is tumbling, but we might be able to find some hope in cryptocurrencies.
Bitcoin price hits multiday low as data warns of ‘overbought’ stocks
by Cointelegraph By William Suberg on August 16, 2022 at 3:26 pm
Major resistance levels enter for U.S. equities, bringing with them fresh headwinds for crypto as Bitcoin and Ether lose $24,000 and $2,000, respectively.
Huobi Global suspends derivatives trading in New Zealand
by Cointelegraph By Savannah Fortis on August 16, 2022 at 2:53 pm
Huobi Global claims compliance with local regulations as its reason for excluding New Zealand from its list of countries in which it operates derivatives trading.
Tornado Cash shows that DeFi can’t escape regulation
by Cointelegraph By David Carlisle on August 16, 2022 at 2:47 pm
DeFi developers seriously need to consider working with regulators on compliance issues if they want their projects to succeed.
Organizations look toward multiparty computation to advance Web3
by Cointelegraph By Rachel Wolfson on August 16, 2022 at 2:47 pm
Multiparty computation is being leveraged to ensure private key security and decentralization within Web3 platforms. But why use it?
USDT market cap up by $2 billion following Tornado Cash debacle
by Cointelegraph By Gareth Jenkinson on August 16, 2022 at 2:22 pm
Tether's market capitalization has reversed a three-month downtrend while USDC sees a drop in value after the U.S. imposed sanctions against Tornado Cash.
Optimism fading? Regulatory discussion on stablecoins postponed until fall
by Cointelegraph By David Attlee on August 16, 2022 at 1:43 pm
While there is no shortage of legislative initiatives to regulate stablecoins, the idea of the American CBDC remains problematic.
Bitcoin miners hodl 27% less BTC after 3 months of major selling
by Cointelegraph By William Suberg on August 16, 2022 at 10:41 am
The industry’s “hodlers of last resort” have had no choice but to sell their coins, but the trend is fiercely reversing this month, data shows.
Court filings reveal Celsius will run out of money by October
by Cointelegraph By Ciaran Lyons on August 16, 2022 at 10:07 am
Celsius Network has been heading down a slippery slope since it filed for bankruptcy in July.
Do Kwon breaking silence triggers responses from the community
by Cointelegraph By Ezra Reguerra on August 16, 2022 at 9:19 am
While Tornado Cash developers are fearing for their lives, Do Kwon is “partying,” according to podcaster Eric Conner.
Crypto lender Hodlnaut seeks judicial management to avoid forced liquidation
by Cointelegraph By Prashant Jha on August 16, 2022 at 8:27 am
Singaporean law offers temporary protection against any legal proceedings and claims, which the company believes would provide a breathing space to focus on its recovery plan.
Blue chip NFT performance fails recovery, but investors HODL even harder
by Cointelegraph By Arijit Sarkar on August 16, 2022 at 7:56 am
In the last 30 days, over 53% of NFT investors made losses on sale trades. Despite the cold market sentiment, the number of investors that hold their NFT investments continues to rise.
Brazil brokerage giant with 3.6M clients launches BTC and ETH trading
by Cointelegraph By Stephen Katte on August 16, 2022 at 6:30 am
XP Inc has become the latest Brazilian fintech player to offer crypto trading services, following Nubank and MercadoLibre.
Expansion of short-term BTC holders suggests ‘final flush’ of sellers
by Cointelegraph By Brian Newar on August 16, 2022 at 5:46 am
Short-term holders expanding their BTC holdings indicates that heavy sell-offs have taken place.
Australian Securities Exchange takes step towards tokenized asset trading
by Cointelegraph By Brian Quarmby on August 16, 2022 at 5:38 am
“There’s a strong value proposition here that we can essentially tokenize any asset and bridge that into the ASX ecosystem,” said Zerocap CEO Ryan McCall.
Korean regulators investigate banks over $6.5B tied to Kimchi premium
by Cointelegraph By Brian Newar on August 16, 2022 at 3:04 am
South Korean financial regulators are looking into the massive amount of foreign remittances of cash that came from crypto exchanges.
Justin Bieber, Paris Hilton among 19 celebs called out for shilling NFTs
by Cointelegraph By Stephen Katte on August 16, 2022 at 2:41 am
Consumer watchdog group Truth in Advertising says celebrities promoting nonfungible tokens on their social media channels is an area “rife with deception.”
Traders flinch after Ethereum price rejects at $2,000
by Cointelegraph By Marcel Pechman on August 15, 2022 at 10:15 pm
Data shows pro traders are slightly skeptical of the strength of Ethereum’s rally after ETH price sold off at the $2,000 resistance.
BitGo to sue Galaxy Digital for $100M over dropped acquisition
by Cointelegraph By Turner Wright on August 15, 2022 at 9:25 pm
“Either Galaxy owes BitGo a $100 million termination fee as promised or it has been acting in bad faith and faces damages of that much or more,” said R. Brian Timmons.
Coin Center may challenge US Treasury’s sanctions on Tornado Cash in court
by Cointelegraph By Turner Wright on August 15, 2022 at 9:15 pm
“By treating autonomous code as a ‘person’ OFAC exceeds its statutory authority,” said Coin Center’s Jerry Brito and Peter Van Valkenburgh.
Fed to issue long-awaited guidelines for granting master accounts to crypto banks
by Cointelegraph By Derek Andersen on August 15, 2022 at 8:54 pm
The U.S. Federal Reserve Board has finalized tiered guidelines for granting Federal Reserve accounts, with Wyoming’s crypto banks likely to fall under the most scrutiny.
Bitcoin price corrects after hitting a wall at a multi-month descending trendline
by Cointelegraph By Ray Salmond on August 15, 2022 at 8:48 pm
“Up only” Bitcoin and Ethereum take a breather after encountering resistance at a stiff multi-month descending trendline.
Law Decoded, Aug. 8-15: In the eye of Tornado Cash
by Cointelegraph By David Attlee on August 15, 2022 at 8:15 pm
U.S. Treasury links the crypto mixer with $7 billion worth of laundered money.
Canadian regulatory council creates new preregistration filing for crypto platforms
by Cointelegraph By Derek Andersen on August 15, 2022 at 7:30 pm
The Canadian Securities Administrators will require crypto trading platforms to file an undertaking committing them to investor protections while their registration is in process.
Price analysis 8/15: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX
by Cointelegraph By Rakesh Upadhyay on August 15, 2022 at 6:29 pm
Bitcoin and altcoins met selling at key overhead resistance levels and investors are unsure whether traders will buy the current dip.
Exit stage left: Eqonex to close crypto exchange after two years
by Cointelegraph By Turner Wright on August 15, 2022 at 6:13 pm
The firm said it would also move its principal business and several people from management from Hong Kong to the United Kingdom.
Only 50 or so profiles out of 7,000 Binance employees on LinkedIn are real, says CZ
by Cointelegraph By Zhiyuan Sun on August 15, 2022 at 5:00 pm
LinkedIn crypto scams typically start off with unsolicited token listing offers from LinkedIn users claiming to be from reputable crypto exchanges.
Binance obtains in-principle approval to operate in Kazakhstan
by Cointelegraph By Turner Wright on August 15, 2022 at 4:15 pm
The major crypto exchange has secured regulatory approval in 2022 to operate as a digital asset service provider in France, Bahrain, Spain and Dubai.