The Bank of England says “extreme volatility” in the crypto market “underscores the need for enhanced regulatory and law enforcement frameworks.” The British central bank has warned that crypto prices could fall further. Bank of […]
The Ethereum Name Service recorded over 100,000 registrations in one week, according to a Google Analytics dashboard created by New Zealand ENS developer Nick Johnson. The ENS dashboard shows a spectacular 200% increase in new […]
Bahamas-based crypto exchange FTX is pushing the Commodities and Futures Trading Commission to grant it a license to offer bitcoin derivatives to retail investors in a move opposed by traditional exchanges. The CEO of the […]
Trading across the cryptocurrency market was relatively subdued on July 5 as the ecosystem continues to digest the fallout from the Three Arrows Capital scandal and Voyager Digital announcing that it has filed for Chapter […]
On July 5, Jason Fung, former head of TikTok’s gaming unit, announced that he left TikTok to launch Meta0, a startup focused on blockchain video games. Fung said he left “his comfortable corporate life” at […]
Elon Musk’s tunnel construction firm The Boring Company (TBC) has begun allowing customers to pay for rides on its Las Vegas transit system using Dogecoin. A July 6 report from CNBC said the new payment […]
Key Takeaways UPRISE, a Korean crypto startup running a robo-advisor algorithmic trading platform, reportedly lost $20 million in a short bet on Terra’s LUNA during its collapse in May. Per a local media report, the […]
Solana’s SOL token plunges 79% YTD Token affected by network outages and overall bearish market SOL faces resistance at $36 Solana is an open-source blockchain project aimed at supporting decentralized applications. The network uses a […]
Ethereum is forming support at around $1,000. The cryptocurrency price has been weakened by the waning DeFi and NFT sectors. Ethereum is yet to bottom as the price remains bearish. Ethereum ETH/USD has oscillated between […]
The Ministry of Economic Development of Italy has announced that certain blockchain projects will qualify to apply for up to $46 million in government subsidies starting from September. In a Tuesday announcement, the Ministry said […]
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