The move follows news of workforce reductions at a number of crypto exchanges in the U.S. and worldwide. Source
Middle Eastern Crypto Exchange Rain Lays Off Dozens of Employees: Report
Tag: Report
Alleged Hydra Administrator Refuses to Provide Access to His Crypto Wallet, Report Claims – Bitcoin News
A Moscow court has ordered the seizure of the crypto wallet of one of the alleged administrators of darknet market Hydra. Media reports reveal, however, that the man — who was arrested in Russia in mid-April — is refusing to share access to his presumed crypto stash with Russian law enforcement. Investigators Fail to Obtain Hydra Market Operator’s Cryptocurrency The Russian judiciary wants to confiscate what it believes to be a record amount of cryptocurrency from a drug dealer’s crypto wallet, the business daily Kommersant reported this week, quoting a…
South Korean Government to Form Digital Assets Committee in Response to Terra Collapse: Report
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…
Tech Experts 'Counter-Lobby' Washington Criticizing Crypto, Blockchain: Report
A group of tech experts and academics signed a letter to U.S. lawmakers criticizing cryptocurrency and blockchain technology in an effort to counter the lobbying by the crypto industry. Source
Binance-Supported Deal for Forbes to Go Public Via SPAC Is Called Off: Report
Binance had invested $200 million in Forbes earlier this year as part of the plan. Source
In the wake of Terra’s collapse, South Korea plans new crypto oversight committee: Report
The Terra ecosystem’s rise and fall has had major consequences all around the world, but there’s no doubt that South Korea, the birthplace of its creator, was the most concerned country of them all. Amid signs that Terraform Labs co-founder Do Kwon was facing legal trouble in South Korea, the country’s ruling party announced Tuesday that it would launch a new Digital Asset Committee in early June, according to local news outlet NewsPim. According to the report, the committee will serve as a watchdog over the crypto industry and will…
In wake of Terra collapse, South Korea plans new crypto oversight committee: Report
The Terra ecosystem’s rise and fall has had major consequences all around the world, but there’s no doubt that South Korea, the birthplace of its’ creator, was the most concerned country of them all. Amid signs that Terraform Labs co-founder Do Kwon was facing legal trouble in South Korea, the country’s ruling party announced Tuesday that it will launch a new Digital Asset Committee in early June, according to local news outlet NewsPim. According to the report, the committee will serve as a watchdog over the crypto industry and will…
Daily Pump & Dump | May 31, 2022 Crypto Market Report
The daily pump & dump is a weekday update on the crypto market providing you with an abbreviated breakdown of price action related to Bitcoin, Ethereum, and other trending altcoins. Today’s summary: Bitcoin reclaims $30,000 over memorial day weekend How Ethereum could lose its head against BTC What’s going on with Cardano? Bitcoin Makes Memorial Day Weekend Memorable Over the US Memorial Day holiday, bulls took advantage of thin order books and low volume, pushing the price per BTC to more than $31,500 at close. Of note, the daily candle closed…
Russian central bank signals agreement with crypto law revisions: Report
First deputy governor of the Russian central bank Ksenia Yudayeva stated Tuesday that the bank is open to using cryptocurrency for international payments, Reuters reported, along with Russian media, which added that the bank was reconsidering its position on crypto mining as well. Yudaeva was quoted as saying: “We have changed our position on mining, and also permit the use of cryptocurrency in foreign trade and outside the country,” The bank official’s statement, sandwiched into announcements about domestic bank regulation, seems to be a concession to the legislators preparing a…
Fidelity Digital Assets Plans to Double Headcount This Year: Report
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…