Victorian police to get ‘greater power’ to seize crypto assets from criminals
The new bill will also compel cryptocurrency exchanges to hand over information that could assist police in criminal investigations. Go to Source Powered by WPeMatico
Month: August 2022
Microstrategy Outperforms Every Asset Class and Big Tech Stock Since Adopting Bitcoin Strategy, Says CEO
Microstrategy (MSTR) has “outperformed every asset class and big tech stock” since the company adopted a bitcoin strategy and started accumulating the cryptocurrency in its corporate treasury, says CEO Michael Saylor. The pro-bitcoin executive will be stepping down as the CEO of Microstrategy and take the role of the company’s executive chairman to focus on … Read more
3 key Ethereum derivatives metrics suggest $1,600 ETH support lacks strength
Data shows Ethereum options traders are less bearish than before, but lower gas fees and smart contract deposits give ETH bulls little hope. Go to Source Powered by WPeMatico
Fintech Firm Galoy Raises $4 Million, Startup Introduces Bitcoin-Backed Synthetic Dollar Product
On Wednesday, Galoy, the firm behind El Salvador’s Bitcoin Beach Wallet, announced that the company raised $4 million in funding in an investment round led by Hivemind Ventures. On the same day, the startup launched a new product called Stablesats, a stablecoin concept that leverages derivatives contracts to create a bitcoin-backed synthetic dollar pegged to … Read more
Coinbase exec at heart of insider trading scandal pleads not guilty in federal court
Ishan Wahi is accused of divulging confidential information about future listings at Coinbase to his brother and an associate in a case that has attracted the SEC’s attention. Go to Source Powered by WPeMatico
Hackers might be responsible for removing $4.8M from crypto exchange ZB.com: PeckShield
The suspected hack followed ZB.com announcing the suspension of deposits and withdrawals on Tuesday in response to the “sudden failure of some core applications.” Go to Source Powered by WPeMatico
Senators Stabenow, Boozman introduce crypto bill that extends CFTC’s regulatory powers
The bill defines digital commodities and requires registration of digital commodities platforms by the CFTC, with language that needs tightening. Go to Source Powered by WPeMatico
Binance pilots NFT ticketing: Nifty Newsletter, July 27–Aug 2
Almost 1 million ETH were spent to mint NFTs on the Ethereum network in the first half of 2022, according to a Nansen report. Go to Source Powered by WPeMatico
Europe’s Securities Regulator ESMA Seeks to Obtain Crypto Transaction Data
The European Securities and Markets Authority (ESMA) is gearing up to implement stricter oversight in regards to crypto-related transactions. The agency is now looking to hire suppliers of trading data, as monitoring major participants in the market falls under its responsibilities. ESMA Launches Public Procurement for Providers of Crypto Trading Data The securities watchdog of … Read more
MicroStrategy stock MSTR hits 3-month high after CEO’s exit
Poor earnings coupled with overvalued fundamental metrics pose long-term bearish risks for MSTR. Go to Source Powered by WPeMatico
