Binance toasts fifth anniversary with zero Bitcoin trading fees July 6, 2022 Crypto exchange Binance is to eliminate trading fees on a range of Bitcoin spot trading pairs to celebrate the platform's fifth birthday.
Crypto market risk profile similar to oil prices and technology stocks, Coinbase says July 6, 2022 Crypto risk profiles are like those in oil prices and tech stocks, according to crypto exchange Coinbase. “The market expects crypto assets to become more and more intertwined with the rest of the financial system, and thus to be exposed to the same macro-economic forces that move the world economy,” Coinbase Institute Chief Economist Cesare [...]
Crypto lender Voyager Digital files for bankruptcy amidst crash July 6, 2022 Voyager Digital has filed for bankruptcy as the crypto crash deepens. A week after halting withdrawals, deposits, and trading on its platform, the crypto lender filed for voluntary Chapter 11 bankruptcy in the US on Tuesday. “This comprehensive reorganization is the best way to protect assets on the platform and maximize value for all stakeholders, [...]
Crypto regulation overlooks sustainability issues July 6, 2022 Discussions around crypto regulation gloss over the negative environmental impacts of crypto, with sustainability concerns overlooked, new research shows. Data from regulatory technology provider CUBE showed that just 0.1 per cent of crypto regulatory issuances in 2022 were focused on sustainability. The data does not take into consideration the EU’s MiCA regulation agreed last week. [...]
Cardano’s Duncan Coutts: We’ve got a lot of big impacts in the pipeline July 5, 2022 Fresh back from paternity leave, Duncan Coutts, Chief Technical Architect for Cardano, tells Crypto AM about what's on the horizon.
Bank of England urges greater crypto regulation after crash to prevent financial stability risks July 5, 2022 The Bank of England called for a strong regulatory regime for crypto after the recent crash to prevent financial stability risks in the UK. In its Financial Stability Report today, the Bank said the “extreme volatility” in crypto recently exposed several vulnerabilities in crypto markets and was similar to past volatility in traditional financial systems. [...]
After EU passes crypto rules, lawyers ask whether the UK will follow suit July 4, 2022 The EU’s landmark Markets in Crypto-Assets (MiCA) regulation, decided last week, will be the world’s first regulatory framework for crypto and could serve as a “benchmark” for the UK’s own legislation, according to legal experts. The MiCA regulation, which will come into force at the end of 2023, will apply to crypto-asset issuers and service [...]
Crypto lender Vauld suspends trading and eyes potential restructuring amidst crypto rout July 4, 2022 Crypto lending platform Vauld has suspended all trading, withdrawals, and deposits on its platform as it explores potential restructuring. The Singapore-based lender attributed this to “financial challenges” resulting from “a combination of circumstances such as volatile market conditions, the financial difficulties of our key business partners inevitably affecting us, and the current market climate.” “We have [...]
From Paris Hilton to Snoop Dogg: here are the most crypto-obsessed celebrities July 4, 2022 Mark Cuban is officially the most crypto-obsessed celebrity, new research has revealed. American entrepreneur and TV personality Mark Cuban is the celebrity that talks about cryptocurrency and blockchain the most on Twitter, with a total of 124 crypto, blockchain and NFT related tweets. It’s NFTs that he shouts about the most, with 49 out of 124 tweets [...]
Army’s YouTube and Twitter accounts hacked by ‘Elon Musk Bitcoin scammers’ July 4, 2022 The British Army has confirmed some of its social media channels were compromised over the weekend by crypto scammers.