Boris Johnson to Quit as Pressure From Ministerial Resignations Mounts

Posted: 07 Jul 2022 04:32 AM PDT

More than 50 members of government have resigned in recent days over Johnson's handling of the appointment of Deputy Chief Whip Chris Pincher. Among the first were Chancellor of the Exchequer Rishi Sunak and City Minister John Glen, who were behind a plan to boost the U.K. as a crypto hub.

Argo Blockchain Hires Derivatives Trader to Navigate Market Rout, Sells BTC to Reduce Loan

Posted: 07 Jul 2022 02:10 AM PDT

The crypto miner recorded gains in production in June, but higher electricity costs and falling bitcoin prices narrowed its margins.

Ethereum Scaling Solution Immutable X Will Allow Ether-to-Dollar Withdrawals

Posted: 07 Jul 2022 12:52 AM PDT

The tool is one of the first layer 2 services to allow users to withdraw US dollars.

Animoca Brands Leads $32M Funding Round for Planetarium Labs

Posted: 06 Jul 2022 05:00 PM PDT

The funding will fuel development of Planetarium's community-driven blockchain gaming ecosystem.

Solana Labs, Multicoin Accused of Violating Securities Law by SOL Investor

Posted: 06 Jul 2022 04:48 PM PDT

A California resident alleged that Solana Labs, the Solana Foundation and other key players violated federal securities laws.

First Mover Asia: How Inaccurate Data Misled Investors to See Massive Outflows From This Crypto Exchange; BTC Holds Steady Over $20K

Posted: 06 Jul 2022 04:36 PM PDT

KuCoin founder Johnny Lyu said those data feeds plus mislabeled, on-chain wallets propagated rumors last week that led to the token exodus; ether is flat in Wednesday trading.

Shiba Inu Plans to Launch Stablecoin, Reward Token, Collectible Card Game

Posted: 06 Jul 2022 03:00 PM PDT

Shiba Inu has grand plans to bolster its memecoin ecosystem with a stablecoin and metaverse integrations.

Ethics Watchdog Bars US Government Employees From Writing Crypto Policy if Invested

Posted: 06 Jul 2022 01:46 PM PDT

U.S. officials who are personally invested in cryptocurrencies are now disqualified from working on crypto-related policy and regulation that could impact the value of their assets.

Market Wrap: BTC Settles at $20K as Voyager Files for Bankruptcy

Posted: 06 Jul 2022 01:39 PM PDT

BTC recovered from an early dip below $20,000 to regain its perch above the psychologically important threshold.

Binance elimina comisiones para el trading de bitcoin en todo el mundo

Posted: 06 Jul 2022 01:21 PM PDT

El exchange cripto está desarrollando un programa que comenzó en los Estados Unidos el mes pasado y se expandió a su clientela global.

‘Crypto: The Musical’ Aims for Broadway

Posted: 06 Jul 2022 12:46 PM PDT

Crypto has already established a foothold on Wall Street – but what about the Big Apple's most famous avenue? If Amanda Cassatt has it her way, "Crypto: The Musical" could be the next show to hit Broadway.

Three Execs Leave JPMorgan This Week to Join Crypto Firms

Posted: 06 Jul 2022 12:33 PM PDT

JPMorgan executives are leaving the mega-bank for gigs at Algorand and other crypto startups.

Bitstamp Inactivity Fee Canceled After Customer Response

Posted: 06 Jul 2022 12:01 PM PDT

Bitstamp was going to charge about $10 to some customers that weren't actively using their accounts.

Genesis Confirms Exposure to Three Arrows Capital

Posted: 06 Jul 2022 11:14 AM PDT

The crypto market making and trading giant last week had been rumored to have suffered hundreds of millions in losses.

Ethereum's Sepolia Testnet Successfully Switches to Proof-of-Stake

Posted: 06 Jul 2022 10:24 AM PDT

The Sepolia proof-of-work chain successfully merged with its proof-of-stake chain on Wednesday, taking Ethereum one step closer to its own Merge moment.

Nic Carter vs. The Bitcoin Maximalists

Posted: 06 Jul 2022 10:00 AM PDT

If maximalism has become nothing but a refusal to think through bitcoin's actual usefulness, it has become an intellectual dead end. No surprise, then, that the intellectuals are jumping ship.

New York Regulators Have Planted a Seed for Stablecoin Transparency

Posted: 06 Jul 2022 09:34 AM PDT

New guidance from the New York Department of Financial Services should shake up how stablecoin issuers do attestation and other reporting, says our columnist.

UK to Introduce Legislation on Stablecoins by August: BoE’s Cunliffe

Posted: 06 Jul 2022 09:24 AM PDT

There's been at least a bit of delay in the framework thanks to recent resignations from the cabinet of Prime Minister Boris Johnson.

Binance Extends Zero-Fee Bitcoin Trading Globally

Posted: 06 Jul 2022 09:05 AM PDT

Binance is to eliminate fees on bitcoin (BTC) trading from July 8 as it seeks to step up competition with its fellow cryptocurrency exchanges.

Is MakerDAO Becoming ‘a Company Run by Politics’?

Posted: 06 Jul 2022 08:45 AM PDT

A series of recent votes saw the largest governance participation in Maker's history, with VCs on one side and the founding team on the other.

Here's What Still Needs to Happen Before the EU's MiCA Bill Becomes Law

Posted: 06 Jul 2022 08:34 AM PDT

CoinDesk looks at what EU crypto companies can expect after the bloc sealed deals on the political shape on anti-money-laundering and licensing laws.

Voyager Digital Faces Delisting From Toronto Stock Exchange Following Bankruptcy Filing

Posted: 06 Jul 2022 08:00 AM PDT

Crypto broker Voyager Digital (VOYG) has been delisted from the Toronto Stock Exchange (TSX) following its filing for bankruptcy late Tuesday.

Riot Blockchain Starts Move Away From New York Hosting Site

Posted: 06 Jul 2022 07:59 AM PDT

The company continued to sell its bitcoin, along with other bitcoin miners feeling the squeeze of the bear market.

Polygon sigue a Solana en su intento por llevar la Web3 a los smartphones

Posted: 06 Jul 2022 07:43 AM PDT

La empresa tecnológica Nothing ha recurrido a la red de Polygon para ofrecer tokens no fungibles (NFTs) en su nuevo smartphone Nothing Phone (1).

Bitcoin sube por encima de $20K mientras ETF inverso registra ingresos récord de $51M

Posted: 06 Jul 2022 07:20 AM PDT

Un producto de ProShares para apostar contra el crecimiento del precio de bitcoin registró entradas de millones de dólares la semana pasada.

First Mover Americas: Bitcoin at $20.1K as Crypto Lender Voyager Files for Bankruptcy

Posted: 06 Jul 2022 06:49 AM PDT

The latest price moves in bitcoin ($BTC) and crypto markets in context, for July 6, 2022.

Bitmark Raises $5.6M, Launches Interoperable NFT Wallet

Posted: 06 Jul 2022 06:00 AM PDT

Blockchain startup Bitmark wants to find new, creative ways to display NFT collections.

Solana-Based Chingari Tokens Plunge 87%, Developers Flag Big Sell Order

Posted: 06 Jul 2022 05:55 AM PDT

Developers claimed a large holder dumped their tokens, causing prices to plunge.

Belgium Regulator Ponders Crypto as a Security

Posted: 06 Jul 2022 05:44 AM PDT

The EU's landmark crypto law won't take effect for a couple of years, but existing stock-trading rules may still apply, financial regulator FSMA says.

UK City Minister, Crypto Proponent John Glen Resigns as Ministers Quit Johnson Government

Posted: 06 Jul 2022 05:30 AM PDT

In April, Glen had outlined the U.K.'s ambitions to become a crypto hub and produce a regulatory package for crypto assets.

Hut 8 Has Added 5,800 Mining Rigs at Its Ontario Site

Posted: 06 Jul 2022 05:24 AM PDT

HUT continues to hold onto its bitcoin while others sell off.

American CryptoFed DAO Withdraws Locke, Ducat Token Registration Request

Posted: 06 Jul 2022 04:39 AM PDT

CryptoFed said it is pulling the registration because the tokens are "not securities."

Polygon Joins Solana in Bringing Web3 to Smartphones

Posted: 06 Jul 2022 04:32 AM PDT

Tech startup Nothing has partnered with Ethereum scaler Polygon to bring non-fungible tokens (NFTs) to its new smartphone Nothing Phone.

Are Block Builders the Key to Solving Ethereum’s MEV Centralization Woes?

Posted: 06 Jul 2022 04:30 AM PDT

Proposer-builder separation is one way Ethereum is implementing modular decentralization

Bitcoin Recovers Above $20K as Short ETF Sees Record $51M in Weekly Inflows

Posted: 06 Jul 2022 04:00 AM PDT

A ProShares product to bet against rising bitcoin prices saw millions of dollars in inflows last week.

Huobi Tech Subsidiary Is Granted US Money Transfer License

Posted: 06 Jul 2022 03:51 AM PDT

Huobi subsidiary HBIT has obtained a U.S. license, which means the company can conduct foreign exchange and money transfer operations across the nation.

Ethereum DeFi Service Porter Finance Shutters Bond Platform, Citing Lack of 'Lending Demand'

Posted: 06 Jul 2022 02:44 AM PDT

The venture capital-backed Porter Finance said the lack of "institutional fixed income DeFi adoption" drove its decision.

Meta Affirms Digital Collectibles Plan Despite Crypto Crash: Report

Posted: 06 Jul 2022 01:45 AM PDT

The recent downturn in the cryptocurrency market hasn't deflected Facebook parent company Meta from its plan to bring digital collectibles to its users.

Voyager Seeks Bankruptcy Protection Amid Crypto Credit Crisis

Posted: 05 Jul 2022 11:08 PM PDT

Crypto lender Voyager Digital filed for Chapter 11 bankruptcy late Tuesday.

Binance Resumes Local Currency Deposits With Brazilian Payment System Pix

Posted: 05 Jul 2022 05:24 PM PDT

Withdrawals should be resumed "shortly," said the company, which had suspended that feature on June 17.

Celsius Repays $183M on DeFi Protocol Maker, Gets Back Collateral, Blockchain Data Shows

Posted: 05 Jul 2022 03:56 PM PDT

The troubled crypto lender paid down $183 million of its debt to the decentralized exchange Maker, blockchain data shows, possibly in a bid to recover bitcoin-linked collateral that otherwise would remain trapped.

First Mover Asia: Crypto Game Consoles Aren’t Needed as Web3 Gaming Has Workers, Not Gamers; Bitcoin Dips, Then Regains Its Perch Above $20K

Posted: 05 Jul 2022 03:28 PM PDT

Studios are raising significant amounts of capital, but they must build games that do a better job of engaging users; ether and most other major cryptos rise.

Market Wrap: BTC Settles at $20K as Voyager Files for Bankruptcy

Posted: 05 Jul 2022 01:45 PM PDT

BTC recovered from an early dip below $20,000 to regain its perch above the psychologically important threshold.

Crypto Fundraising After End of Roe Tepid So Far

Posted: 05 Jul 2022 01:30 PM PDT

Last week, the Supreme Court overturned Roe v. Wade, ending the decades-long constitutional right to abortion and effectively rendering legal abortions unavailable in large swaths of the United States.

Rishi Sunak Resigns as UK Finance Minister

Posted: 05 Jul 2022 01:24 PM PDT

Rishi Sunak resigned from being the U.K.'s chancellor of the exchequer on Tuesday.

Exchange de criptomonedas recorta 10% de su fuerza laboral

Posted: 05 Jul 2022 12:26 PM PDT

La compañía extendió el plazo para completar una fusión hasta finales de 2022.

Crypto Exchange Reportedly Cuts About 10% of Workforce

Posted: 05 Jul 2022 11:19 AM PDT

The company last week extended the deadline to complete its SPAC merger until the end of 2022.

La plataforma de préstamos cripto CoinLoan limita retiros de dinero

Posted: 05 Jul 2022 11:14 AM PDT

La medida se levantará si las condiciones del mercado lo permiten, dijo la plataforma de préstamos.

The Era of Easy DeFi Yields Is Over

Posted: 05 Jul 2022 10:30 AM PDT

Alpha in DeFi is about to get a lot scarcer (although still super attractive). Luckily, risk management will eventually get much simpler.

CoinLoan Is the Latest to Limit User Withdrawals

Posted: 05 Jul 2022 10:08 AM PDT

The "provisional" measure is hoped to be lifted if market conditions allow.

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