At NFT.NYC, the ongoing struggles for the NFT and crypto markets did little to dampen the enthusiasm and optimism. ( read original story ...)
Scammers have been around forever. Then came crypto.
As cryptocurrency scams proliferate, regulators, courts and lawmakers are establishing a framework for holding alleged crypto scammers responsible. But the nature of the crypto industry makes that a ... ( read original story ...)
Bitcoin billionaire Sam Bankman-Fried bails out embattled crypto firms BlockFi and Voyager
Bankman-Fried has emerged as something of a savior for the $900 billion crypto market as it faces a deepening liquidity crunch. ( read original story ...)
Crypto custodian Prime Trust raises $100 million to add IRAs, staking to services suite
Crypto custody and infrastructure startup Prime Trust raises more than $100 million in Series B funding to expand its suite of financial products and services. ( read original story ...)
Japan’s Nikkei falls on recession worries; US stock futures drag
TOKYO: Japan’s Nikkei index gave up early gains to end lower on Wednesday, as simmering worries about the risk of a recession pushed US stock futures lower after big overnight gains on Wall Street. ( read original story ...)
Voyager shares crash after warning of Three Arrows crypto loss
Shares of Voyager Digital crashed more than 60 per cent on Wednesday after the crypto broker revealed it could lose more than $650mn it had loaned to struggling hedge fund Three A ... ( read original story ...)
Monzo’s crypto ambitions highlight British neobanks’ diverging strategies
Monzo confirmed that the recent turmoil engulfing the digital asset markets will not stop its crypto investment plans. ( read original story ...)
“Let Crypto Build”, Says Congressman Tom Emmer
The solution, according to Emmer, is not more regulation, but rather a taxonomy by Congress that establishes definitions and creates a framework for building in web3. ( read original story ...)
Financial watchdogs should do more to protect crypto investors, Swiss regulator says
ZURICH (Reuters) -Cryptocurrency trading increasingly resembles the U.S. stock market of the late 1920s, Switzerland's top market regulator said on Wednesday, calling for regulators to take more ... ( read original story ...)
TechScape: What the crypto big freeze means for your money
Crypto giant Celsius is freezing out users as it tries to solve a mammoth lending crisis. So what happens if money in the bank isn’t really there? ( read original story ...)
Singapore to grant in-principle approval to three crypto companies
The Monetary Authority of Singapore will issue in-principle approvals to Crypto.com and 2 other crypto firms to provide digital payment token services in the city. ( read original story ...)
3 reasons why the Bank of Japan won’t intervene to stop the yen’s decline
The Bank of Japan is unlikely to intervene and stop the yen's decline. Here are three reasons why the yen's slide will continue. ( read original story ...)
Crypto downturn fuels questions over industry’s future
The market value of most cryptocurrencies has plummeted over the last few months, leaving investors reeling. The steep fall amid a wider market dip poses risks for the future of crypto assets and ... ( read original story ...)
Crypto winter is coming, with companies announcing more than 1,700 layoffs so far in June alone
Last year, when the cryptocurrency market boomed, some crypto exchanges shelled out millions to expand their market share. ( read original story ...)
The Fire Burning Beneath Crypto’s Meltdown
Are bitcoin and other crypto tokens crashing because of the usual excesses that accompany advances in finance? Or do they have the sort of fundamental flaws that will see them as historical relics? ( read original story ...)
Crypto giant Tether to launch sterling-pegged stablecoin
Major crypto firm Tether said on Wednesday it will launch next month a "stablecoin" pegged to the British pound, a move that comes as London draws up plans to regulate the fast-growing type of digital ... ( read original story ...)