Leaked copy of US draft bill shows DeFi and DAOs under regulatory lens
The draft bill proposes to eliminate anonymous crypto projects, with DAOs, DeFi and exchanges required to legally register in the U.S. Go to Source Powered by WPeMatico
Month: June 2022
Maiar decentralized crypto exchange goes offline after bug discovery
The exchange has been taken offline due to the discovery of the bug and the team has implemented an “emergency fix” and updated the decentralized exchange. Go to Source Powered by WPeMatico
Report: South Korea to Recruit Companies for Metaverse Content Creation Project
The South Korean science and ICT ministry has said it will recruit companies that will participate in its 2022 Metaverse Content Creation Project. A director in the ministry said the project is being promoted as part of the country’s industry-leading metaverse strategy. Building Trust in the Metaverse Content Creation Ecosystem South Korea’s Ministry of Science … Read more
Bitcoin ‘Bart Simpson’ returns as BTC price dives 7% in hours
Bitcoin price action fails to crack $32,000 and heads back to square one, sparking $60 million of long liquidations in the process. Go to Source Powered by WPeMatico
New Japanese law may allow seizure of stolen crypto
Under the current variation of the law, there is no explicit procedure outlined for law enforcement officers to seize illegally obtained crypto from crime organizations. Go to Source Powered by WPeMatico
Bitso Partners With Addem Capital to Provide Cryptocurrency Investment Instruments in Latam
Bitso, the Mexico-based cryptocurrency exchange, has announced a new partnership with Addem Capital, a debt fund that provides startups and other companies with financing options. The cryptocurrency exchange will process payments for the fund and provide conversion functions, allowing it to accept cryptocurrency as part of its payment options. Bitso Partners Addem Capital to Allow … Read more
Fed forgets long-term dollar devaluation when pricing eggs in BTC
The U.S. Federal Reserve has released a blog post showing the instability of Bitcoin against the U.S. dollar when buying eggs, however, the crypto community was quick to point out the reality of the situation. Go to Source Powered by WPeMatico
Longer-term Bitcoin holder losses hit two year lows
Bitcoin’s long-term holders are beginning to suffer losses matching those from previous bear markets, and Glassnode believes the pain may continue, and even get worse. Go to Source Powered by WPeMatico
Citigroup CEO: Europe More Likely to Head Into Recession Than US
Citigroup CEO Jane Fraser warns that a recession is more likely in Europe than in the U.S. Nonetheless, she stressed that it is not easy for the U.S. to avoid a recession. Citigroup’s CEO on Global Recession Citigroup CEO Jane Fraser warned about the health of the global economy Friday, Reuters reported. Citi is the … Read more
Solana developers tackle bugs hoping to prevent further outages
Solana developers have tackled the “durable nonce transaction” bug that knocked the network offline for the fifth time this year earlier this month as network activity slows. Go to Source Powered by WPeMatico
