Basel Committee: Banks worldwide reportedly own €9.4 billion in crypto assets
The study found that banks mostly held volatile cryptocurrencies and had little exposure to stablecoins.
The study found that banks mostly held volatile cryptocurrencies and had little exposure to stablecoins.
Analysts say Bitcoin miners’ worst days are probably behind them, but the network’s soaring hash rate and the uptick in difficulty are weighing on profit margins.
The resolution recommended authorities in the parliament’s 27 member states consider a “simplified tax treatment” for crypto users involved in occasional or small transactions.
On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss the Credit Suisse situation and what impact it would have on the cryptocurrency market if it did collapse.
Genesis will no longer be involved in GBTC’s main operations, but will still act as a liquidity provider.
PoW Ethereum or ETHW is a forked version of the Ethereum blockchain created by a Chinese miner after the Merge of the execution and consensus layers.
Are TradFi and DeFi converging, moving toward a middle ground that includes tokenized assets, interoperability and regulation?
“It’s 10% up or 10% down each day. I don’t have to wait five years in between crises. As a matter of fact, I only have to wait about 45 minutes.”
The DEX aggregator said the partnership would promote the wider adoption of DeFi and Web3 products and services.
Nansen CEO Alex Svanevik sat down with Cointelegraph for an exclusive interview during Token2049.
The international financial community went long form to speak up for its interests as the Basel Committee on Banking Supervision continues to optimize banking regulation.
The Ethereum netflow chart shows that the spike in exchange flows has often come at a time when the price of ETH was trading at a short-term/long-term low.
The Latin Grammy Awards is stepping into Web3 through its first NFT collection in collaboration with OneOf Web3 music platform.
BTC price action sees a new October peak amid a declining U.S. dollar and a successful prior day’s trading for U.S. equities.
The global fast food chain is among the first to participate in a crypto-friendly experiment in the town of Lugano.
The overall security of the Bitcoin protocol, or hash rate, hit a new high of 158 exahash per second despite the price being down over 50% year to date.
Terra’s co-founder continues his adventures, writing code in his living room, posting on Twitter and hiding from Interpol all at once.
Mastercard’s new product allows banks to find and prevent fraud on crypto merchant platforms within its network.
Binance revealed it has more than 150 employees to cover its operations in Brazil and appears to be in good standing with the local government and regulatory agencies.
Matrixport’s head of strategy said he believes the market is currently in a “wait-and-see environment” but could shift after the U.S. mid-term elections in November.
Other users in the crypto Twitter Community believe lax security management is to blame for the latest phishing scam aimed at Beeple’s fans and followers.
Tether is also looking to become more transparent, having hired a new accounting firm to conduct regular audit and attestation reports to ensure its stablecoin is properly backed by the USD.
Some pointed out the regulator’s supposed hypocrisy, others told crypto-influencers to lawyer up, whilst a few poked fun at the reality TV star.
The demand for on-chain analysts is set to further increase with Web3 data outgrowing Web2 data over the next 20-30 years, says Covalent’s Ganesh Swami.
The feds should have tried to work with Kardashian to establish more transparent norms for influencers rather than slapping her with a $1.26 million fine for promoting EthereumMax.
Golden, which has now raised roughly $60 million in cumulative funding, also receives a16z general partner Ali Yahya to its board.
“The report recommends the passage of legislation in providing a rulemaking authority for federal financial regulators over this market,” said economist Jonathan Rose.
U.S. tech giants are set to report their second quarter earnings throughout October, presenting a scenario that could possibly benefit Bitcoin.
According to the crypto exchange, the burn was the equivalent of 1,863,213.47 USDT — roughly 5.5 million LUNC.
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