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EU Delays Vote on MiCA Crypto Legislation Until February

November 4, 2022 by

Technical issues in the lengthy text are set to delay the start of the licensing regime under the Markets in Crypto Assets regulation.

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Monkey Drainer Scammer Strikes Again, Steals $800K of NFTs

November 4, 2022 by

Notorious NFT hacker Monkey Drainer has stolen $800,000 worth of Crypto Punk and Otherside NFTs, according to blockchain sleuth ZachXBT.

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Proposed UK Rules Will Make Advertising Crypto a Lot Harder, Industry Warns

November 4, 2022 by

Industry members are sounding the alarm on a proposed measure to require crypto service providers to comply with local advertising rules, which could add an additional layer of authorization to an already complex process.

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MATIC Rally Gathers Speed as Meta Announces Polygon-Powered NFTs, Chart Signals Golden Cross

November 4, 2022 by

“Polygon’s MATIC could be a core long position,” one strategists said.

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Aptos CEO Defends ‘Fair’ Tokenomics That Prompted Community Backlash

November 4, 2022 by

The CEO of Aptos, the newly launched layer 1 blockchain that went live last month, defended the token allocation following a wave of criticism from its community.

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Singapore Approves In-Principle License for Crypto Fund Manager Hashkey

November 4, 2022 by

The license from the Monetary Authority of Singapore will allow Hashkey Capital’s local arm to conduct fund management services.

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First Mover Asia: Alameda Research, FTX Are Bound to Each Other; Bitcoin Trades Sidways, Dogecoin Plunges Late as Twitter Halts Work on Crypto Wallet

November 4, 2022 by

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Twitter Halts Work on Crypto Wallet: Report; Dogecoin Drops 4%

November 4, 2022 by

The social media platform has been looking to cut costs and find new sources of revenue; DOGE falls below 13 cents.

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$1B Crypto Hack Fears Spur 20% GALA Plunge, But Firm Implies It Attacked Itself as a Safeguard

November 3, 2022 by

Routing protocol pNetwork said it’s working with Gala on a “misconfiguration” and that “all GALA tokens on Ethereum as well as the underlying bridge collateral are SAFE.”

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Market Wrap: Ether, Other Cryptos Rise Despite Unsettling Inflationary Concerns

November 3, 2022 by

Bitcoin was trading sideways but other major cryptos were solidly in the green despite a jumbo interest rate hike by the Bank of England and a dip in jobless claims. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.

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Circle Begins Putting Reserves Into New BlackRock Fund

November 3, 2022 by

Circle Internet Financial has begun moving the reserves for its USDC stablecoin into a dedicated fund set up by BlackRock Inc. and registered with the U.S. Securities and Exchange Commission, the company disclosed Thursday.

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Zero Hash Launches Operations in Brazil as First Step in Latin America

November 3, 2022 by

After opening an office in São Paulo, the company now plans to offer execution, settlement and liquidity solutions to clients in the South American country.

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Canada Announces Crypto, Stablecoin Consultation in New Budget Statement

November 3, 2022 by

Federal government plans to examine crypto, which it said is “transforming financial systems” around the world.

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Coinbase Deal Shows Google Is Committed to Crypto – How Much Depends on Whom You Ask

November 3, 2022 by

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Canadian Energy Provider Hydro-Quebec Proposes Stopping Electricity Supply to Blockchain Industry

November 3, 2022 by

It asked the Canada’s energy regulator to suspend the allocation of 270 megawatts already planned for mining in Quebec.

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Santander UK Puts Limits on Payments to Crypto Exchanges

November 3, 2022 by

The bank takes note of the risks of investing in crypto and rising crypto fraud.

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Jack Dorsey’s Block Sees Drop in Bitcoin Revenue as Consumer Demand, Crypto Prices Slump

November 3, 2022 by

Block cited declines in consumer demand and the price of bitcoin for its bitcoin-based revenue decline.

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Coinbase Cuts Q3 Losses in Half to $545M

November 3, 2022 by

The crypto exchange’s transaction revenue fell 44% from the second quarter, however.

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How Security Tokens Can Benefit Creditors in Bankruptcy Restructurings

November 3, 2022 by

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CloudWalk Is First Crypto Firm in Brazil to Become a Licensed Payments Institution

November 3, 2022 by

The company, which already has a stablecoin tied to the Brazilian real, was licensed by the central bank of the South American country.

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Web3 Game Developer Mythical Games Loses 3 Top Executives

November 3, 2022 by

SVP Chris Ko, COO Matt Nutt and Co-Founder Rudy Koch announced their departures on Wednesday and each hinted at new ventures.

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El mercado bajista de bitcoin tiene su lado positivo, según el análisis de CryptoCompare

November 3, 2022 by

La acumulación consistente en las direcciones de bitcoin, tanto grandes como pequeñas, y la reducción de la volatilidad hacen que el mercado bajista actual sea mucho mejor que los anteriores.

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U.S. Accounting Standards Board Member Supports Reporting Crypto Swings as Income: Bloomberg

November 3, 2022 by

If adopted, the move would mean cryptocurrency gains and losses would directly impact companies’ net incomes.

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Bitcoin Draws Stability From $20K Price Floor as Traditional Markets Slide

November 3, 2022 by

Bitcoin traded above the psychologically important price level for a 10th consecutive day, even as stocks took a hit from U.S. central banks’ ongoing move to tighten monetary conditions.

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Faltan pocos años para la “hiperbitcoinización”, según Samson Mow

November 3, 2022 by

El CEO de la startup de tecnología JAN3 explica por qué Bitcoin podría convertirse en el sistema monetario preferido del mundo en 2030.

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El Ministerio de Digitalización de Japón creará una DAO para la exploración Web3

November 3, 2022 by

El ministerio busca ampliar la comprensión de lo que estas organizaciones pueden conseguir y poner a prueba sus limitaciones.

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UBS Prices First Bond to Be Listed, Settled on a Digital Exchange

November 3, 2022 by

The Swiss bank’s bond is the first that will list, trade and settle on a digital exchange.

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NFT Platform ImmutableX’s $66M Unlocking Looms, Putting Sell Pressure on IMX Token

November 3, 2022 by

Some 120 million of the 255 million soon-to-be-released IMX tokens belong to private investors, who might move to sell a part of their holdings tanking the coin’s price.

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Founders of Crypto Exchange Bitpanda Set Up Venture-Capital Firm: Report

November 3, 2022 by

The three founders of crypto exchange Bitpanda have set up their own venture capital firm, according to a report by The Block Thursday.

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In the Colombian Andes, Figuring Out How Crypto Can Save the Climate

November 3, 2022 by

Earnest eco-crypto nerds at a three-day retreat attempted to resolve interoperability among crypto-climate projects.

Categories CoinDesk, Crypto Leave a comment
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