Workers in volatile economies most likely to take pay in crypto: Report
There has been an increase in employee crypto payments for the first half of this year despite the market crash, according to Deel. Go to Source Powered by WPeMatico
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Thailand’s Oldest Lender Delays Bitkub Exchange Acquisition Amid Tighter Crypto Rules
The company that owns Thailand’s Siam Commercial Bank has postponed a deal to acquire a majority stake in Bitkub, the country’s largest cryptocurrency exchange. The decision comes amid tightening crypto regulations that limit growth in domestic crypto trading. SCB Postpones Acquisition of Thai Crypto Exchange Bitkub The parent company of Siam Commercial Bank, SCB X, … Read more
Bitcoin Price Retreats to $22K After Peaking at $24K
The recent bull run for cryptocurrency markets is slowing down as Bitcoin’s price retreats to $22k after peaking at $24k on July 20th. The global crypto market cap is down by 4% but remains well above the $1 trillion market, with a current valuation of $1.03 trillion. Ethereum’s price is also down 6% but remains … Read more
Masked Men Rob Large Crypto Mining Farm Near Moscow
Armed robbers have plundered a large crypto mining facility not far from the Russian capital, local media reported. The unidentified perpetrators stole dozens of video cards in the latest incident involving theft of coin minting hardware, which has been on the rise in Russia. Unknown Attackers Steal Mining Equipment From Crypto Farm in Russia A … Read more
Trade Republic, Crypto.com Register as Cryptocurrency Operators in Italy
German investment platform Trade Republic and digital asset exchange Crypto.com have registered as crypto service providers in Italy. Since February, the financial authorities in Rome maintain a registry for all cryptocurrency platforms permanently operating in the country. More Companies Register as Providers of Crypto Services in Italy Germany-based investment platform Trade Republic and Singapore-headquartered digital … Read more
Bitcoin Price Prediction & Analysis (July 20th) – BTC Rallies Past $23K, Will It Reach $30K Soon?
Cryptocurrency markets have been increasingly bullish in the past seven days. Bitcoin’s price rallied from a low of $19k to over $23k in a few days, with a steady increase in trading volume and market momentum. While stocks and futures experience little changes this week, Bitcoin and Ethereum have increased significantly, with BTC rising by … Read more
Security Service of Ukraine Shuts Down Crypto Mining Farm Near Front Line in Kharkiv
Ukraine’s main law enforcement agency has busted an illegal facility mining cryptocurrencies in the Kharkiv region. The operators of the crypto farm have been minting coins using large amounts of stolen electricity, threatening energy supply to critical infrastructure, the agency said. Illegal Mining Farm Discovered in War-Torn Kharkiv Region Officers from the Security Service of … Read more
Digital Token Issued In Russia to Facilitate Investments in Palladium
Transactions with digital assets backed by precious metals are beginning in Russia with the launch of a token for palladium. The rare metal, which is used in jewelry and has some high-tech applications, is not a publicly available asset in the Russian Federation. Atomyze and Rosbank Issue Digital Token for Palladium The Russian unit of … Read more
Bitcoin (BTC) Price Holds Above $22K While Dow Jones Falls Amid Apple News
Cryptocurrency markets continue to perform well this week as Bitcoin managed to hold its support of $22k after a bullish rally yesterday. While stocks opened with momentum on Monday, many closed lower towards the end of the day, with optimism around a potential market recovery quickly evaporating. One significant contributor to the stock market’s underperformance … Read more
Leading Auction House Christie’s Launches Web3 and Fintech Venture Arm
On Monday, Christie’s, the leading British auction house founded 256 years ago in 1766, announced the launch of a new venture fund called Christie’s Ventures. According to the announcement, the company’s venture arm plans to focus on “[Web3] innovation, art-related financial products and solutions, and technologies that enable seamless consumption of art.” Christie’s Ventures to … Read more