Cryptocurrencies News
- Reuters
(Reuters) – Power demand in Texas hit another all-time high on Tuesday as consumers crank up their air conditioners to escape a lingering heat wave after homes and businesses conserved energy earlier this week to avoid help avoid rotating blackouts.
- Reuters
By Gayatri Suroyo JAKARTA (Reuters) – G20 finance leaders will meet in Bali this week for talks that are due to include issues like global food security and soaring inflation, as host Indonesia tries to ensure frictions over the war in Ukraine do not blow discussions
- Mohadesa Najumi
California’s consumer financial regulator is investigating multiple crypto-interest account providers
- Mohadesa Najumi
Attackers stole over 7,500 ETH after gaining access to Uniswap LPs via a malicious airdrop contract
- Reuters
By Huw Jones LONDON (Reuters) – Major stablecoins must comply with the same safeguards as traditional forms of payments, global regulators said on Wednesday, tightening controls over a battered crypto sector.
- Martin Young
Digital asset markets may be frozen over in the depths of another crypto winter, but venture capital firms remain confident over the future of the sector and Web3.
- Reuters
By Lisa Pauline Mattackal and Medha Singh
- Reuters
(Reuters) – The U.S. Treasury on Tuesday said it was seeking comment on the on the risks and opportunities posed by digital assets as it seeks to prepare a report for President Joe Biden on the implications of developments such as cryptocurrencies.
- Reuters
NEW YORK (Reuters) – The U.S. Securities and Exchange Commission on Tuesday delayed a decision on whether to allow a spot bitcoin exchange-traded fund by stock-picker Cathie Wood’s Arc Invest and crypto investment product firm 21Shares US to list and trade on Cboe Global Markets until
- Varuni Trivedi
As cryptocurrencies become the new way of buying, selling, and traveling, are they destined to become the payment giant in these sectors?
- Joel Frank
Another upside inflation surprise could send crypto into a tailspin, though soft consumer spending/sentiment figures could offer some respite.
- Reuters
By Dietrich Knauth (Reuters) – Liquidators for crypto hedge fund Three Arrows Capital (3AC) obtained U.S. court permission on Tuesday to issue subpoenas and lay claim to the bankrupt Singapore-based company’s assets, noting that 3AC’s missing-in-action founders no longer control its accounts.
- Sujha Sundararajan
Private stablecoins “are characterized by higher risks,” as the pool of assets that underly are not held by the owner, nor the price is virtually stable.
- Martin Young
The Group of Twenty financial watchdog is pressing ahead with its plans to regulate the cryptocurrency industry in the coming months.
- Reuters
By Tom Wilson and Angus Berwick LONDON (Reuters) – The world’s largest crypto exchange, Binance, continued to process trades by clients in Iran despite U.S. sanctions and a company ban on doing business there, a Reuters investigation has found.
- Reuters
LONDON (Reuters) – Central banks will have to make “fundamental” decisions on cross-border access for a digital version of their currency to serve as a means of payment effectively, a committee at the Bank for International Settlements said on Monday.
- Mohadesa Najumi
Partial withdrawals are set to resume as CoinFLEX launches arbitration proceedings in Hong Kong
- Martin Young
Wall Street seems confident that the bears are still in control of crypto markets and Bitcoin prices are likely to tank even further before there is any kind of recovery.
- Bob Mason
The crypto winter has extended into July, with the total crypto market cap falling below $1 trillion. For decentralized application developers and exchanges, it has been a particularly tough year.
- Reuters
MOSCOW (Reuters) – Russia’s dominant lender Sberbank on Saturday said it had carried out the first digital financial asset transaction on its own platform, with its subsidiary SberFactoring executing a 1-billion rouble ($16 million) issue with three-month maturity.