Exit stage left — Eqonex to close crypto exchange after two years
The firm said it would also move its principal business and several people from management from Hong Kong to the United Kingdom. Go to Source Powered by WPeMatico
Month: August 2022
Crypto Economy’s Top Privacy Coins Take a Hit After US Government Banned Tornado Cash
Following the U.S. government prohibiting the use of the ethereum mixing service Tornado Cash, the crypto economy’s top privacy coins lost more than 8% in USD value the following evening after the ban announcement. The top privacy coins like monero and zcash managed to recover the losses two days later, but during the last 24 … Read more
․bit Raises $13M to Build Cross-Chain Decentralized Identity Protocol
.bit (did.id) has raised $13 million to build a cross-chain decentralized identity protocol. The Series A round, completed one year after the startup’s launch, was from CMB International, HashKey Capital, QingSong Fund, GSR Ventures, GGV Capital, and SNZ. .bit’s open-source blockchain protocol will provide permissionless decentralized identification for individual users and DAOs. Over the past … Read more
Only 50 or so profiles out of 7,000 Binance employees on LinkedIn are real, says CZ
LinkedIn crypto scams typically start off with unsolicited token listing offers from LinkedIn users claiming to be from reputable crypto exchanges. Go to Source Powered by WPeMatico
Binance obtains in-principle approval to operate in Kazakhstan
The major crypto exchange has secured regulatory approval in 2022 to operate as a digital asset service provider in France, Bahrain, Spain and Dubai. Go to Source Powered by WPeMatico
Biggest Movers: SHIB Remains Near 3-Month High, Whilst LEO Hits 2-Week High
Shiba inu remained close to a three-month high to start the week, after breaking out of a key resistance level over the weekend. The surge of the meme coin came despite the crypto market mostly being in the red on Monday. Another token that rose during today’s bearish session was unus sed leo, which hit … Read more
Binance distances from WazirX as Indian regulators keep chasing crypto
The ownership of WazirX became a hot topic as CZ claimed the deal never went through, but three years later, there’s still no clarity. Go to Source Powered by WPeMatico
Crypto-focused venture firm Dragonfly acquires hedge fund: Bloomberg
Amid the grueling bear market for Bitcoin, Ether and altcoins, the cryptocurrency industry is undergoing consolidation. Go to Source Powered by WPeMatico
Celsius Network coin report shows a balance gap of $2.85 billion
The latest findings could brew more trouble for the crypto lender for allegedly misleading and offering wrong details in the court documents. Go to Source Powered by WPeMatico
President of Central Bank of Brazil Disagrees With ‘Heavy Hand’ Regulations for Cryptocurrencies
The president of the Central Bank of Brazil, Roberto Campos Neto, has defended the use of more moderate regulations in the crypto environment. Campos Neto stated that while regulation is indeed necessary, it has to be done in a way that doesn’t stop innovation. He also explained his goal is to connect the digital with … Read more
