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After the crypto lender Celsius filed for bankruptcy protection on July 13, the company recently contacted customers and explained that an employee from one of the firm’s vendors accessed a list of Celsius client emails, and the email addresses were “transferred to a third party.” Furthermore, Celsius customers have written to the court begging to … Read more
Bitcoin price is up over 7% in the past 24 hours, rising above the $22k support level and currently trading at $22,843. Ethereum price continues to outperform Bitcoin, presently trading at $1,622, up over 10% in the past day. With the recent rise in Bitcoin and Ethereum prices, the global cryptocurrency market cap is once … Read more
Europe’s banking sector regulator is worried it won’t manage to find the specialized personnel needed for the oversight of the EU’s attempt to regulate the crypto market. The authority is also concerned over the lack of clarity regarding which digital assets it’s supposed to supervise. Banking Watchdog Faces Staffing Problems Threatening Its Ability to Regulate … Read more
Russia could be a large player in the crypto mining space, experts in the field have established in research naming the most attractive regions for coin minting operations in the country. The capital Moscow is among the popular mining destinations alongside the places offering the cheapest power. Cost of Electricity, Logistics Determine Russian Miners’ Choice … Read more
Authorities in Russia are preparing a number of changes to existing laws in order to adopt rules for the country’s market for non-fungible tokens, or NFTs. A working group has discussed the matter and proposed solutions to legally define and regulate transactions with the digital collectibles. Economy Ministry Takes Initiative to Regulate NFTs in Russia … Read more
After a bullish run last week, and a relatively-volatile Monday and Tuesday, Bitcoin’s price remains flat on Wednesday as the cryptocurrency manages to hold its current support at the $21k level. Currently trading at $21.3k, Bitcoin’s market cap remains above $406 billion. However, we’re seeing a sharp decline in trading volume for BTC, with a … Read more
An artist from Latvia is under investigation for allegedly selling NFTs, or non-fungible tokens, to launder money, for which he may get up to 12 years in prison. The authorities have blocked his bank accounts and launched an investigation without even notifying him. Artist Who Sold Over 3,500 NFTs Prosecuted for Money Laundering in Latvia … Read more
After an excellent performance last week, with Bitcoin and Ethereum prices showing double-digit price growth, cryptocurrency markets are facing mounting bearish momentum this Tuesday, with Bitcoin’s price struggling to hold current support levels of $21k. Ethereum shows increased volatility with even more substantial price declines of 8% in the past 24 hours. What’s causing the … Read more
Sam Bankman-Fried, CEO of FTX, believes that the future of crypto is bright in Latam. In a recent interview, Bankman-Fried recognized the rising adoption and demand that cryptocurrencies are experiencing in Latam, stating that use is expected to grow for remittances and payments in the future. Sam Bankman-Fried Talks Crypto in Latam Latam is one … Read more
Bitcoin traded below its mining cost basis in June, DeFi experienced a 33% decline in TVL, and mid-month weekly BTC options peaked to their highest on record. Go to Source Powered by WPeMatico