Embattled crypto exchange platform Zipmex is reportedly on the verge of being purchased by a venture capitalist firm. According to a new report by Bloomberg, the Singapore-based digital assets exchange is currently in talks with V Ventures, an investment firm that focuses on technology. Sources familiar with the situation tell Bloomberg that Zipmex is on …
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Crypto influencers may need to practice what they preach and “do their own research” when it comes to sharing their crypto tips. According to several digital asset lawyers, the popular disclaimer “this is not financial advice” — may not actually protect them in the eyes of the law. United-States-based securities lawyer Matthew Nielsen from Bracewell …
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Skyward finance, an IDO platform enabling fair token distribution for projects on the NEAR Protocol, has reportedly been exploited for 1.1M NEAR tokens, worth an estimated $3 million USD at time of publication. The news was shared on Twitter by Aurora Lab’s community moderator Sanket Naikwadi, who stated that the exploit was first noticed by …
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The Swiss Financial Market Supervisory Authority, or FINMA, has announced it will be extending an anti-money laundering ordinance which requires identity checks for reporting certain crypto transactions. In a Nov. 2 notice, the Switzerland financial regulator said it would enforce a threshold of 1,000 Swiss francs — roughly $997 at the time of publication — …
Charles Hoskinson, the founder of Cardano and one of the co-founders of Ethereum, said one of the biggest lessons crypto users could take away from the collapse of Terra and other projects was learning to appreciate those that withstood the test of time. Speaking to Cointelegraph at the Web Summit tech conference in Portugal on …
Welcome to the most user-oriented crypto trading website! Gagarin News is a global crypto news portal created by the makers of Gagarin Show. Gagarin News The online platform, brought to you by the creators of the world’s first entertainment show about cryptocurrencies–Gagarin Show–is designed to popularize the new age of blockchain technology, which is changing …
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The biggest news in the cryptoverse for Nov. 2 includes Saylor saying that Bitcoin is winning over gold and other major asset classes, JPMorgan executing its first DeFi transaction, EU’s MiCA targeting crypto influencers, and Ethereum outperforming Bitcoin post-merge. CryptoSlate Top Stories Saylor says ‘Bitcoin is winning,’ deems gold a 19th century solution as MicroStrategy …
The U.S. Federal Reserve raised interest rates by 75 basis points (bps) after the Federal Open Market Committee (FOMC) meeting on Oct. 2, bringing the Federal Funds Rate to 3.75 – 4%. Bitcoin reacted with an immediate 3% swing to the upside, topping out at $20,700 on the 18:00 (UTC) candle. The Fed presses ahead …
Over three billion in value was erased from the stablecoin economy during the past 30 days. The trend occurred despite the number of tethers in circulation rising by 2.2% last month. On Oct. 1, 2022, tether’s market capitalization was approximately $67.95 billion, and it’s risen to $69.36 billion since then. Circle’s usd coin, on the …
A new survey has revealed that Democrats and Republicans agree cryptocurrency is the future of finance. The national survey was conducted by The Harris Poll on behalf of Grayscale Investments, the world’s largest digital currency asset manager. In addition, 44% of the respondents said they expect to have crypto as part of their investment portfolio …
The Union Bank of the Philippines, Inc., more commonly known as Unionbank, announced that the financial institution launched bitcoin and ethereum custody and trading services. The ninth largest bank in the country by assets, Unionbank, will leverage Metaco’s platform Harmonize to pilot the crypto services for clients. Unionbank to Provide Bitcoin and Ethereum Custody and …
The U.S. Federal Reserve introduced another jumbo rate hike on Wednesday, Nov. 2, 2022, by hiking the federal funds rate (FFR) by 75 basis points (bps). The American central bank said on Wednesday that the hike aims to curb inflation and the Fed says “recent indicators point to modest growth in spending and production.” U.S. …
Newly proposed legislation aims to permit the minting of any cryptocurrency in Russia, a prominent lawmaker has revealed. While the draft law states that the circulation of the minted coins should take place outside Russian jurisdiction, an upcoming bill provides for their use under “experimental regimes.” Parliament Prepares to Legalize the Mining of Cryptocurrencies in …
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Participate in the Verse Public sale and opt into the exclusive raffle on Bitcoin.com Games to get up to $25,000 worth of Verse tokens for free. Bitcoin.com is launching Verse, a rewards and utility token that will be used across the full range of Bitcoin.com products including the official non-custodial wallet app where users can …
A closely followed crypto trader says a rally is in store for Solana (SOL), and also updates his outlook on Litecoin (LTC) and FTX Token (FTT). Pseudonymous crypto analyst Altcoin Sherpa tells his 186,200 Twitter followers that the Ethereum (ETH) rival could see more than a 50% rally if its current support holds steady at …
