Crypto company Circle doubles valuation to $9bn as it eyes SPAC deal February 18, 2022 Crypto company Circle has doubled its valuation to $9bn after inking a new deal with Concord Acquisition Corp.
Bitcoin’s playing it cool while the world overheats February 18, 2022 It looks like Bitcoin is keeping its head, while all around are losing theirs, says Jason Deane in his weekly report.
Ukraine legalises crypto as tensions with Russia escalate February 18, 2022 Ukraine's parliament has voted to legalise digital assets amid escalating tensions with neighbouring Russia.
Crypto Crime: UK ‘crypto jacking’ attacks jump 564 per cent in one year February 17, 2022 A new type of cyber crime is on the rise in the UK which sees attackers take over victims' devices in order to steal and mine crypto.
Crypto lending products flourish in UK amid pushback from US regulators February 17, 2022 This week crypto platform Blockfi was ordered to pay $100m in a settlement with US regulators, the SEC's first enforcement against crypto lending accounts.
First crypto-to-pound debit card launched in the UK February 17, 2022 The UK’s first crypto-to-pound credit card has been launched today alongside Mastercard. The new card – a collaboration between CoinJar and EML Payments – allows users to make purchases by converting cryptocurrencies into cash. ”With EML’s technological expertise and Mastercard’s universal acceptance, CoinJar Card gives CoinJar’s customers true day-to-day crypto functionality, whether through smartphones, wearables, [...]
Umbria activates Avalanche cross-chain bridge ahead of schedule February 16, 2022 Umbria has launched the full public use of its highly-anticipated Avalanche bridge a month ahead of schedule.
Criminals hold $25 billion worth of illicit cryptocurrency, Chainalysis report finds February 16, 2022 The latest Chanalysis report has revealed that criminal crypto whales hold over $25 billion in cryptocurrency from a multitude of illicit sources.
Financial Stability Board sounds alarm over crypto assets February 16, 2022 The Financial Stability Board has raised the alarm about the threat posed by crypto currencies to the global economy.
FCA concerned as Binance regains access to UK payments network February 16, 2022 The Financial Conduct Authority expressed concerned about a deal reportedly giving Binance access to a large UK payments network.