EU regulators ban cross-border payments from Russian crypto accounts
In a statement on Thursday, regulators in the European Union banned all crypto-asset wallets, accounts and custody services from Russia.
Crypto
Web3 had a small, yet important, presence at Paris Fashion Week
A handful of designers showcased Web3 initiatives at Paris Fashion Week, demonstrating inclusion, sustainability and creativity.
South Korea Arrests Terra’s Head of General Affairs Yu: Report
The arrest comes after the country invalidated Terra co-founder Do Kwon’s passport.
UK Investment Giant Abrdn Joins Hedera Governing Council to Advance Tokenization Goals
U.K. asset management firm Abrdn (ABDN) has joined the Hedera Governing Council to continue its exploration of tokenizing traditional assets.
Crypto Failures Fueled Better Due Diligence
As crypto markets turn turbulent, asset managers perform due diligence by looking at fundamentals like network usership to increase safety.
First Mover Americas: Bitcoin Stays Close to $20K, Sushi’s Token Surges 14%
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 6, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Grayscale’s New Venture Aims to Capture Bear Market Opportunities in Bitcoin Mining
Foundry will manage the day-to-day operations of Grayscale’s new co-investment vehicle.
From first downs to crypto: A former NFL player gets into digital assets
Lewis Neal went from playing professional football to trading various asset classes before he found out about Bitcoin.
How to earn passive crypto income with Bitcoin
Here are some ways to generate crypto-powered passive income with Bitcoin while steering clear of inherent volatility.
Crypto Lending Firm Ledn to Acquire Canadian Fund Manager Arxnovum
Toronto-based crypto lending firm Ledn has agreed to acquire Canadian crypto exchange Arxnovum, according to a press release.
Kazakhstan grants Binance permanent license to offer digital asset services
The AIFC Financial Services Authority in Kazakhstan granted Binance a permanent license to a digital asset platform and provide custody services in the country.
Bitcoin beats out shorts as BTC price attempts to crack $20.5K
Further fluctuations within the range nonetheless see bulls avoid another retest of more crucial support.
Bitcoin can solve the DeFi onboarding crisis, argues exec
Bitcoin.com CEO Dennis Jarvis believes that Bitcoin can be a bridge that leads users to the decentralized finance space.
South Korean foreign ministry orders Do Kwon to return his passport
Do Kwon who has an Interpol notice and an arrest warrant against his name has not been cooperative with the investigation agencies.
Stablecoin Issuer MakerDAO Allocates $500M for Treasuries, Corporate Bond Investment
The MakerDAO community has voted to allocate $500 million USD into US treasuries and corporate Bonds as a “strategic investment” which will be converted from $500M DAI, its overcollateralized stablecoin. The proposal was presented originally in late June with a three-month window for members to decide.
Solar ‘Bazooka’ Bitcoin mine warms warehouse amid Europe’s energy crisis
A warehouse in the Netherlands swapped out natural gas for Bitcoin miner heating — saving money, efficiency and the planet.
EU’s Russian Crypto Ban Confirmed as Bloc Tightens Sanctions
All crypto payments from Russians to European wallet providers will be forbidden under the measures.
Korean police reportedly arrest first person involved in Terra collapse
The head of the business team of Terraform Labs was a part of Do Kwon’s inner circle.
Crypto Exchange Binance Receives License to Operate in Kazakhstan
The exchange had earlier got a preliminary approval to operate in the country.
DeFi Platform Ribbon Finance’s Unsecured Lending Product Sees Crypto Firms Folkvang and Wintermute Borrow Over $10M
Ribbon’s Lend, which went live on Monday, allows institutions to borrow funds without having to lock in collateral.
ArDrive Mobile Goes Live on Google Play Store, Bringing Decentralized Data Storage to Android Devices
The iOS version of the app is expected to be launched soon.
Celsius’ Top 3 Execs Cashed Out $56M in Crypto Before Bankruptcy
Ex-CEO Alex Mashinsky, ex-CSO Daniel Leon and CTO Nuke Goldstein pulled bitcoin, ether, USDC and CEL holdings from their custody accounts in May, before the company suspended all customer withdrawals.
BTC to outperform ‘most major assets’ in H2 2022 — Bloomberg analyst
Global rate hikes are putting downwards pressure on asset prices, but Bitcoin is starting to outperform commodities and tech stocks.
How crypto Twitter could change under Musk’s leadership
Musk has not been shy about touting his vision for Twitter in the past, flagging free speech and eliminating spam bots and fake accounts as particular points of interest.
It’s happened: Someone’s filed for Cramer ETFs with the SEC
Tuttle Capital Management hopes for a short ETF named Inverse Cramer ETF (SJIM), and a long ETF called Long Cramer ETF (LJIM).
Nifty News: Yuga Labs launches BAYC council, Animoca backs Cool Cats and more…
Solana NFT volume surged to $130 million in September and Gary Vaynerchuck’s VeeFriends are set to be released as collectibles at Macy’s and Toys “R” Us.
GameFi could be the answer to unemployment for some — Aussie game studio
The executives say traditional jobs are increasingly at risk through factors such as automation, but GameFi can provide a viable alternative to earn a wage.
Web3 gaming still a long way from mainstream adoption: Survey
In a survey commissioned by Coda Labs, 6,921 people from five countries were asked a series of questions to determine their perception of crypto, NFTs, and Web3 gaming.
First Mover Asia: BitMEX Shift From Hong Kong Reflects the Toll of Stringent Covid Policies; Bitcoin Trades Sideways Amid Energy, Employment Concerns
The crypto exchange leased out a full floor of the prestigious Cheung Kong Center in 2018 but now relies increasingly on remote work. BitMEX’s largest office is now in Singapore. Bitcoin trades sideways.
Taliban had a ‘massive chilling effect’ on Afghan crypto market: Report
Crypto value received in Afghanistan surged in the wake of the Taliban seizing power in August 2021, but crypto markets have flat lined under the regime.