Crypto crash: Sharp falls will increase calls for regulation, say analysts May 15, 2022 BITCOIN remained some 30 per cent down on the year last night as the crypto crash which saw a host of ‘coins’ drop significantly in value at the back end of the week showed no signs of an immediate halt. The ethereum coin was trading around $2,000 over the weekend, having hit as high as [...]
No LUNA rescue mission as $3 billion package is blasted as ‘fake news’ May 13, 2022 An asset management company reported to have put together a $3 billion rescue package for collapsed cryptocurrency ecosystem Terra has said the reports were FAKE.
Crypto winter: Bitcoin in ‘something of a recovery’ amid fears worst yet to come May 13, 2022 Bitcoin has seen “something of a recovery” as cryptocurrency investors have been left counting their losses after a crash this week. Cryptocurrencies including Bitcoin and Ethereum hit historic lows on Thursday in a major price meltdown that wiped out previous gains. Over the past week, the price of Bitcoin has plunged more than a fifth [...]
FCA hosts crypto event to assess how digital assets can be regulated May 13, 2022 The UK’s Financial Conduct Authority hosted a two-day ‘CryptoSprint’ event aimed at exploring how crypto assets could be regulated in the UK.
Funding round takes Chainalysis value up to $8.6 billion May 13, 2022 Blockchain data platform Chainalysis has completed a $170 million Series F financing round, bringing its valuation to $8.6 billion.
Crypto crash: Gains wiped out as host of coins collapse May 12, 2022 The prices of Bitcoin, Ethereum and other cryptocurrencies plummeted to 16-month lows yesterday in a major crash that wiped out the gains made during the past year’s bull market. The past week has seen the price of Bitcoin drop by more than a fifth and the price of Ethereum drop by more than a quarter, [...]
Tingo and MICT agree to merge May 12, 2022 African agri-fintech company Tingo and financial services provider MICT have executed a definitive merger agreement to consolidate both operations across the African and Asian markets.
Binance appoints world-renowned cybercrime expert to security team May 12, 2022 Cryptocurrency exchange Binance has recruited Jarek Jakubcek as its Head of Intelligence and Investigations for Asia-Pacific.
Coinbase attempts to ease user concerns over bankruptcy alarm May 12, 2022 Coinbase is attempting to ease customer nerves following claims users would lose all their money if the platform went bankrupt.
Lloyd’s of London licensed broker launches crypto insurance product May 11, 2022 A Lloyd's licensed insurance broker has launched a dedicated crypto product to shore up legal protections for digital asset firms.