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Crypto

  • Hedge funds short Tether after Terra crash 

    June 27, 2022

    Hedge funds have Tether in their crosshairs as they keep betting against the stablecoin following TerraUSD’s collapse last month. Larger numbers of traditional hedge funds are shorting Tether, the world’s biggest stablecoin, through major crypto brokerage Genesis Global Trading Inc., the Wall Street Journal said. “There has been a real spike in the interest from [...]

  • Bitcoin price holding above $20k, but its dominance over crypto market is falling

    June 27, 2022

    The price of Bitcoin was around $21,400 this morning, roughly flat over the past 24 hours and up three per cent since this time last week.

  • How the government needs the private sector to test digital currencies

    June 26, 2022

    Project New Era is a privately-led, cross-industry initiative that will evaluate a future digital currency ecosystem in the UK.

  • Jamie Bartlett – on the trail of the missing ‘Cryptoqueen’

    June 24, 2022

    From the Crypto AM magazine, journalist Jamie Bartlett talks about his three-year search for the missing 'Cryptoqueen' - Ruja Ignatova.

  • Matt Hancock calls for ‘attractive’ tax regime to boost UK crypto sector

    June 23, 2022

    Matt Hancock has called for the introduction of an “attractive” tax system and “liberal” regulatory regime to help the UK become "the jurisdiction of choice for crypto".

  • Cristiano Ronaldo signs for Binance

    June 23, 2022

    Cristiano Ronaldo has signed up with crypto platform Binance to kick off an exclusive, multi-year NFT partnership.

  • Zumo appoints digital visionary Clark Povey as Operations Director

    June 23, 2022

    Edinburgh-based crypto platform Zumo has appointed 'digital visionary' Clark Povey as its new Operations Director. 

  • Singapore will clamp down on bad behaviour in crypto market 

    June 23, 2022

    Singapore’s regulators will crack down on bad behaviour in the crypto industry, the chief fintech officer of the country’s central bank has warned.  Sopnendu Mohanty at the Monetary Authority of Singapore (MAS) questioned the need to be friendly to the crypto industry. “We have no tolerance for any market bad behaviour. If somebody has done a bad [...]

  • Bank of England official compares crypto crash to dotcom bubble

    June 22, 2022

    The Bank of England’s Deputy Governor has compared the recent crypto crash to the dotcom bubble more than two decades ago.  Jon Cunliffe said those that survived the crash could become the technology companies of the future and rival the likes of tech giants Amazon.  “The analogy for me is the dotcom boom, when $5 trillion was [...]

  • Tether reveals stablecoin plans for GB Pound

    June 22, 2022

    Hong Kong-based Tether has revealed it will launch a British Pound Sterling form of its stablecoin, pegged to the pound.

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