Bitcoin fell almost 10% with Ether close behind in Wednesday morning trading in Asia as the August U.S. consumer price index, a key inflation indicator, came in higher than expected overnight, driving down equity markets and pointing to more agressive interest rate increases by the Federal Reserve. All cryptocurrencies in the top 10 by market…
Argentina’s tax collection agency (AFIP) has concluded its first-ever operations against illegal and “clandestine” crypto mining farms operating within the country, the agency announced last week. See related article: Crypto miners should disclose energy data, US lawmakers say Fast facts The AFIP conducted four raids on crypto farms that were under the guise of other…
The Crypto Fraud and Asset Recovery Network (CFAAR), which calls itself the first global network of its kind, has launched a Hong Kong-based chapter in collaboration with seven local finance, law, and crypto regulation experts. See related article: Australia establishes federal crypto police unit Fast facts The Crypto Fraud and Asset Recovery network began in…
Identifying characteristics of securities in Terra’s tokens could help South Korea with new charges on Terraform Labs and CEO Do Kwon.
Bitcoin and Solana continued their rallies in Tuesday afternoon trading in Asia, both up over 10% in the past week. However, Ether continued to slip as the market awaited the upcoming Etherium “Merge.” See related article: Markets: Bitcoin, Solana lead gains in crypto top ten, Ether slips ahead of Merge Fast facts Bitcoin was up…
Tokenized assets are expected to expand into a US$16 trillion business opportunity by 2030 — making up 10% of global GDP by the end of the decade — from US$310 billion in 2022. This is according to a new report by global consulting firm BCG and the digital exchange for private markets ADDX. See related…
Crypto exchange Huobi has ceased topping-up service for seven kinds of privacy-focused tokens on its exchange as it prepares to delist the tokens on Sept. 19, citing regulatory concerns. See related article: Privacy protocol Monero completes upgrade to make transactions more private Fast facts See related article: Huobi-incubated Chinese NFT platform iBox ends international operations
The most critical upgrade in Ethereum’s history is just around the corner, so what will it mean for prices of cryptocurrency?
Ethereum’s completion of its much anticipated ‘Merge’ this week will unlikely improve the network’s long-term speed or scalability, writes Mark Lurie of Shipyard Software. Why is this so, and why will it still be good for innovation?
The financial services giant Fidelity Investments is considering a move that would allow its individual brokerage customers to trade Bitcoin (BTC), according to a Wall Street Journal report. See related article: Fidelity’s crypto arm wants to add Ethereum trading, plans hiring spree Fast facts The WSJ cited “people familiar with the matter” and a statement…