The economic crisis in crypto is waning, FTX co-founder and CEO Sam Bankman-Fried thinks. He noted in an interview on Axios Pro Thursday that he is not getting “a ton of calls” from distressed businesses, as he was in the first weeks of the so-called crypto winter. Given a positive economic macro-environment, recovery could be “remarkably fast,” he said. FTX…
Month: July 2022
Blockchain.com Cuts Staff by 25%, Executive Salaries Reduced – Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,700 articles for Bitcoin.com News about the disruptive protocols emerging…
Mercado Bitcoin plans to expand to Mexico
Brazilian crypto exchange Mercado Bitcoin could begin operating in Mexico sometime in 2022, pending regulatory approval. Speaking to Cointelegraph on Thursday, Mercado Bitcoin CEO Reinaldo Rabelo said the company was awaiting regulatory approval to start operations in Mexico. The details of the expansion are unclear, but Rabelo said in an April interview that acquiring a crypto exchange was an easier route…
The dark side of the metaverse and how to fight it | Cointelegraph Interview
Cointelegraph sat down with Next Earth’s David Taylor and ActiveFence’s Tomer Poran to discuss how crime will impact the metaverse. Source: https://cointelegraph.com/news/the-dark-side-of-the-metaverse-and-how-to-fight-it-cointelegraph-interview
‘The market is acting this way because there is no regulation’ says Skale Labs’ Konstantin Kladko
The recent cryptocurrency bear market has uprooted decentralized finance (DeFi) and centralized finance (CeFi) projects in the crypto space. But past performance is not always indicative of future results. For starters, Ethereum’s price has already recovered 48% in the past few days ahead of the looming Merge upgrade. At the annual Ethereum Community Conference in Paris, Cointelegraph spoke to Skale…
SEC Claims Coinbase Currently Lists Nine Crypto Assets That Are Securities
The SEC today claimed in a new court filing that at least nine digital assets listed on the cryptocurrency exchange Coinbase are unregistered securities. The nine assets in question are AMP (AMP), Rally (RLY), DerivaDEX (DDX), XYO (XYO), Rari Governance Token (RGT), LCX (LCX), Powerledger (POWR), DFX Finance (DFX), and Kromatika (KROM). “A digital token or crypto asset is a…
Ether price stalls at $1,630 after gaining 50% in under a week
Price action across the cryptocurrency market was largely subdued on Thursday, as traders took a day to digest gains over the past week and book profits following the biggest relief rally since early June. Amid speculation about what drove the recent rally, the Ethereum (ETH) Merge has consistently ranked at the top of the list. The market rally shifted into…
Spanish Crypto Exchange Bit2me Won’t Absorb 2gether Customers Due to Internal Discrepancies – Bitcoin News
Bit2me, a Spanish cryptocurrency exchange, announced that the deal it aimed to complete with 2gether, another Spanish exchange, fell through due to internal discrepancies. The company hoped to absorb the customers of 2gether after it blocked operations, forcing users to pay €20 to keep using the platform after having declared it could no longer provide free services earlier this month.…
Epic Games ‘Definitely Won’t’ Follow Minecraft’s Lead and Ban NFTs, Says CEO
In brief Epic Games CEO Tim Sweeney said that the Epic Games Store will not ban NFTs in games, following word that Microsoft will ban NFT use in Minecraft. The Epic Games Store had over 194 million users as of the end of 2021, and multiple NFT-powered games are coming to it later this year. Microsoft’s Mojang Studios announced on…
Bulls or bears? Both have a fair chance in Friday’s Bitcoin options expiry
Bitcoin (BTC) briefly broke above $24,000 on July 20, but the excitement lasted less than two hours after the resistance level proved more challenging than expected. A positive is that the $24,280 high represents a 28.5% increase from the July 13 swing low at $18,900. According to Yahoo Finance, on July 19, Bank of America published its latest fund managers…