US Securities and Exchange Commission (SEC) Chair Gary Gensler has severally pointed out that cryptocurrency exchanges and trading platforms cannot be treated differently from traditional
Year: 2022
The ‘macroeconomic situations’ drive adoption into Bitcoin, says Binance CEO
Binance CEO, Changpeng Zhao says Bitcoin has strong support near or at the $20,000 price level, and believes the crypto market is generally likely to
CoinFLEX cuts staff amid efforts to trim costs by up to 60%
CoinFLEX co-founders Sudhu Arumugam and Mark Lamb say the goal is to be lean staff-wise and to remain ‘right-sized’ should potential acquisition proposals come in. Crypto
FDIC says deposit insurance does not apply to crypto
The FDIC says the public should note that deposit insurance does not cover non-bank entities and non-deposit products, including stocks and cryptocurrencies. The Federal Deposit
Babel Finance lost $280 million of customer funds: report
Babel’s losses included 8,000 BTC and 56,000 ETH wiped out in unhedged proprietary trading positions, a proposal deck cited in a recent report detailed. Babel
CoinShares: A dovish Fed and weaker dollar could benefit Bitcoin
Bitcoin (BTC) is likely to outperform in the face of a dovish flip from the US Federal Reserve and a weaker US dollar, according to
Bitcoin touches $24,600 as bulls eye best month since October 2021
Bitcoin touched a high of $24,666 on Coinbase to leave the benchmark cryptocurrency on the cusp of its best monthly performance since October 2021. Bitcoin
Chainlink price: Analyst painst bullish picture as LINK spikes above $7.00
Chainlink (LINK) price rose sharply on Thursday to break above $7.20 as the crypto market rode positive momentum across risk assets. At the time of
Okcoin’s institutional investor activity spiked 125% in Q2
Okcoin’s institutional clientele increased by 13% in Q2 and by 28% over the first half of 2022. Stablecoins (USDT and USDC) have been very popular
Mercedes Benz taps Polygon for a data-sharing platform
Daimler South East Asia, part of the Mercedes Benz Group announced that it shall build its blockchain-based data sharing platform on Polygon, an Ethereum Layer-2