Shutting down Bitcoin is impossible, Ark Investment founder says
Multiple efforts to ban Bitcoin couldn’t stop the largest cryptocurrency from becoming a $1-trillion asset earlier this year. Go to Source Powered by WPeMatico
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Dogecoin whale activity slows down as billions of dollars depart blockchain
Doge’s recent surge in network activity appears to be grinding to a halt. Go to Source Powered by WPeMatico
Korean gov’t clarifies crypto regulatory roles of different agencies
After some confusion, South Korea’s government has laid out which state and regulatory bodies are charged with the oversight of various aspects of crypto-related activities. Go to Source Powered by WPeMatico
Crypto will ‘come to life’ in Nigeria, central bank governor says
Emefiele said the Nigerian government will do its best to prevent crypto from being used to finance illicit activities. Go to Source Powered by WPeMatico
Kyrgyzstan Seizes 2,000 Cryptocurrency Mining Devices
Law enforcement authorities in Kyrgyzstan have confiscated thousands of crypto mining machines as part of a new offensive against illegal cryptocurrency mining in the country. Investigators have also identified industrial enterprises that have been supplying the bitcoin farms with electricity. Security Service Conducts Operation Against Illegal Mining in Kyrgyzstan The State Committee for National Security … Read more
Shanghai Man: Miners banned, exchanges targeted? Here’s what’s really happening
A look at the last week of crackdowns, including a ruling from Vice Premier Liu He. Hong Kong echoes Beijing with stricter controls of their own, limiting retail investors in the administrative region. Go to Source Powered by WPeMatico
Market enters a ‘wait-and-see phase’ as Bitcoin struggles below $40,000
Traders remain cautious following last week’s brutal sell-off, but on-chain data is beginning to signal increasingly bullish activity while the crypto market awaits the next major move. Go to Source Powered by WPeMatico
VCs back Balancer with $24.25M investment
Investors are backing the Balancer protocol with greater conviction. Could this be a sign that market hype surrounding DeFi is ramping up again? Go to Source Powered by WPeMatico
ICHI launches ‘Decentralized Monetary Authority’ for stablecoin issuance
The ICHI ecosystem has attracted several high-profile partners, including Solana, Moonbeam, SushiSwap, 1inch Network, Loopring and Bancor. Go to Source Powered by WPeMatico
SEC begins formal review of Fidelity, SkyBridge Bitcoin ETF applications
Fidelity’s Wise Origin Bitcoin Trust and the First Trust SkyBridge Bitcoin ETF are now under review by regulators, according to paperwork filed earlier this month. Go to Source Powered by WPeMatico