Crypto Weekly Roundup: A California bill-in-waiting, NFTs on Facebook, CoinSwitch Kuber speaks out on ED search

Crypto Weekly Roundup: A California bill-in-waiting, NFTs on Facebook, CoinSwitch Kuber speaks out on ED search

The week brought Bitcoin back under $20,000 in value on Saturday while Ether once again fell below $1,600. Most of the top fifty cryptocurrencies and tokens by market cap saw weekly losses as well, while the sector deals with more regulatory interferences The week brought Bitcoin back under $20,000 in value on Saturday while Ether […]

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U.S. federal prosecutors sought records on Binance CEO Changpeng Zhao for cryptocurrency money laundering probe

U.S. federal prosecutors sought records on Binance CEO Changpeng Zhao for cryptocurrency money laundering probe

A series of Reuters articles this year revealed how Binance drove its explosive growth while keeping weak customer checks and withholding information from regulators A series of Reuters articles this year revealed how Binance drove its explosive growth while keeping weak customer checks and withholding information from regulators U.S. federal prosecutors asked Binance, the world’s […]

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Weekly Crypto Roundup: Indian search parties, stolen NFTs, and courtroom battles

Weekly Crypto Roundup: Indian search parties, stolen NFTs, and courtroom battles

Despite Ethereum Merge-related euphoria in recent days, this week saw the crypto market’s largest assets, Bitcoin and Ether, fall in price. Bitcoin was trading slightly above $20,000 and Ether just below $1,500 on Saturday. Despite Ethereum Merge-related euphoria in recent days, this week saw the crypto market’s largest assets, Bitcoin and Ether, fall in price. […]

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Celsius crypto lender, now bankrupt, sues ex-money manager over alleged theft

Celsius crypto lender, now bankrupt, sues ex-money manager over alleged theft

Celsius accused Jason Stone and his company KeyFi Inc. of “gross negligence” and “extraordinarily inept” crypto investing Celsius accused Jason Stone and his company KeyFi Inc. of “gross negligence” and “extraordinarily inept” crypto investing Celsius Network LLC. on Tuesday sued a former investment manager, accusing him of losing or stealing tens of millions of dollars […]

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Ethereum overhaul risks creating a new class of kingpins

Ethereum overhaul risks creating a new class of kingpins

The much-anticipated upgrade of Ethereum will create new participants called builders in the blockchain ecosystem, a move that risks altering the power structure of what is arguably the most commercially important cryptocurrency network. Under the current system, networks of computers known as miners pluck transactions out of a special data pool, and arrange them into […]

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Weekly Crypto Roundup: Ethereum’s transition, Tether’s new partnership, and crypto hack statistics

Weekly Crypto Roundup: Ethereum’s transition, Tether’s new partnership, and crypto hack statistics

This week saw Bitcoin slipping again until it fell below the $22,000 level on Friday, losing more than 7% in a single day. Ether was affected too, as the second largest cryptocurrency by market cap fell below $1,700 on Saturday This week saw Bitcoin slipping again until it fell below the $22,000 level on Friday, […]

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KFC BuckETH: An NFT that comes with a year’s supply of chicken

KFC BuckETH: An NFT that comes with a year’s supply of chicken

KFC India is entering the crypto space by dropping KFC BuckETH, the quick service restaurant chain’s own non-fungible token (NFT) collection. The NFT, curated from designs by artists across the country, is up for grabs in a social media contest. The winner of the contest will also get a year’s supply of KFC, according to […]

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Crypto.com crypto exchange gets UK regulatory approval

Crypto.com crypto exchange gets UK regulatory approval

Crypto.com, which has 50 million customers globally, registered in South Korea last week and in Italy in July Crypto.com, which has 50 million customers globally, registered in South Korea last week and in Italy in July Singapore-based cryptocurrency platform Crypto.com has registered with Britain’s financial services regulator, the company said in a statement on Wednesday. […]

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European Central Bank steps in as banks dip toes in cryptocurrency and blockchain pool

European Central Bank steps in as banks dip toes in cryptocurrency and blockchain pool

The ECB said banks were also considering whether to get involved in the crypto sector The ECB said banks were also considering whether to get involved in the crypto sector The European Central Bank (ECB) said on Wednesday it would harmonise how banks offer cryptoassets to ensure they have enough capital and expertise in a […]

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Crypto derivatives volumes surge to .12 trillion in July: Crypto Compare

Crypto derivatives volumes surge to $3.12 trillion in July: Crypto Compare

Cryptocurrency derivatives trading on centralised exchanges rose to $3.12 trillion in July, a 13% monthly increase, researcher CryptoCompare said on Thursday, as crypto prices show signs of recovery from the recent market crash. The derivatives market now makes up 69% of total crypto volumes, up from 66% in June, and helped push overall crypto volumes […]

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