Cryptocurrencies – Page 295

Crypto Lender Nexo Moves Forward With Plan to Acquire Troubled Rival Vauld

July 6, 2022 by DIGIT

Leading cryptocurrency lender Nexo has offered to buy distressed competitor Vauld, which halted operations in the face of financial difficulties. The proposal comes after the Singapore-based company said it was exploring restructuring options. Nexo Secures Exclusive Agreement to Explore Vauld’s Acquisition Singapore-based crypto lending and trading platform Vauld, which announced suspension of withdrawals and other … Read more

Bitcoin price swings 7.5% during intraday trading as US recession concerns mount

July 5, 2022 by DIGIT

BTC bounces back to reclaim support at $20,400 after hitting a daily low of $19,309 on July 5, as bulls battle bears for control of the market. Go to Source Powered by WPeMatico

Bitcoin exchange outflows surge as ‘not your keys, not your crypto’ comes back into fashion

July 5, 2022 by DIGIT

June saw the worst monthly performance for Bitcoin since 2011, but several metrics indicate that its underlying support base continues to grow stronger. Go to Source Powered by WPeMatico

Alexander Vinnik Serves Prison Term in France but No Freedom in Sight

July 5, 2022 by DIGIT

Having served his five-year prison sentence in France, Russian IT and crypto specialist Alexander Vinnik is now facing a return to Greece and possible extradition to the United States. A French cassation court has recently dismissed an appeal filed by his defense against the transfer. US Extradition Continues to Haunt BTC-e’s Alexander Vinnik The alleged … Read more

With the bear market in full throttle, crypto derivatives retain their popularity

July 5, 2022 by DIGIT

“Derivatives provide opportunities to protect their portfolios during times of heightened market volatility,” says Emerson Li, brand lead at BingX. Go to Source Powered by WPeMatico

Crypto market volatility shows need for ‘enhanced regulatory and law enforcement frameworks’ — BoE

July 5, 2022 by DIGIT

The central bank said the growth of the crypto market did not pose an “immediate threat” to the United Kingdom’s financial system, but had the potential to do so in the future. Go to Source Powered by WPeMatico

Russians banned from accessing Bitmex within European Union

July 5, 2022 by DIGIT

Russian citizens or residents will no longer be able to access BitMEX services from the European Union after July 11, 2022. Go to Source Powered by WPeMatico

Dutch University set to recover more than twice the paid BTC ransom in 2019

July 5, 2022 by DIGIT

The university reluctantly paid €200,000 in Bitcoin in December 2019 to avoid losing critical research data and resources. Go to Source Powered by WPeMatico

Crypto investor Sequoia Capital China reportedly raises $9 billion

July 5, 2022 by DIGIT

Sequoia China is known for backing many crypto firms, including the troubled crypto lender Babel Finance, which halted withdrawals in mid-June. Go to Source Powered by WPeMatico

ECB officials prepare for ‘harmonization’ of crypto regulations: Report

July 4, 2022 by DIGIT

Regulators from 19 EU member states will reportedly attend a supervisory board meeting in July to discuss MiCA and its possible implementation. Go to Source Powered by WPeMatico