Day: August 15, 2022

Blockchain Services Firm Equonex Closes Crypto Exchange, Citing Volatility and Dwindling Volume

โ€œAs a young and maturing financial services business, our resource allocation needed to change to reflect the current market conditions and the opportunities that we are best placed to capture,โ€ Equonex CEO Jonathan Farnell told CryptoX via email. โ€œWe are exiting underperforming businesses that no longer fit within our future strategy to focus on areas that will accelerate our growth.โ€ Source BlockchainCitingClosesCryptoDwindlingEquonexExchangeFirmServicesVolatilityVolume CryptoX Portal

Crypto-focused venture firm Dragonfly acquires hedge fund: Bloomberg

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Cryptocurrency venture firm Dragonfly has acquired a digital asset-focused investment fund for an undisclosed amount โ€” a move that managing partner Haseeb Qureshi said mirrors the broad consolidation trend underway in the industry.ย  Bloomberg reported Monday that Dragonfly purchased MetaStable Capital, a hedge fund co-founded by Naval Ravkiant in 2014, for an undisclosed sum. In doing so, Dragonfly dropped the word โ€œCapitalโ€ from its name and underwent a complete rebranding to reflect its growing mandate in the digital asset space. Qureshi told Bloomberg that his firm is โ€œcommitting to our…

Best Beginners Guide | Roblox Mining Simulator 2

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Revolut Gains CySEC’s Approval to Offer Cryptocurrency Services

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Digital bank Revolut has been authorized by CySEC CySEC The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision and control of the Cyprus Stock Exchange as well as transactions executed…

President of Central Bank of Brazil Disagrees With ‘Heavy Hand’ Regulations for Cryptocurrencies โ€“ Regulation Bitcoin News

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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 doesnโ€™t stop innovation. He also explained his goal is to connect the digital with the regulated world. Central Bank of Brazil President Criticizes Harsh Approach to Crypto Regulation Central banks of several nations around the world are starting to establish their stances when it comes to cryptocurrencies…

Celsius Network coin report shows a balance gap of $2.85 billion

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A new bankruptcy coin report filed on Aug. 14 shows that troubled crypto lender Celsiusโ€™ actual debt stands at $2.85 billion against their bankruptcy filing claims of a $1.2 billion deficit. The latest report shows that the company has net liabilities worth $6.6 billion and total assets under management at $3.8 billion. While in their bankruptcy filing, the firm has shown around $4.3 billion in assets against $5.5 billion in liabilities, representing a $1.2 billion deficit. The coin report also noted that of the total 100,669 Bitcoin (BTC) deposited by…

ANALISE DO BITCOIN HOJE! O QUE VAI ACONTECER COM AS CRIPTOMOEDAS? Altcoins em ALTA!

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