European ‘MiCA’ regulation on digital assets: Where do we stand?

Nexo, a crypto lending institution, announced that it has lowered the interest rates on its instant crypto credit lines.Lowest rates in the blockchain ecosystemIn a press release published Oct. 22, Nexo announced that it was lowering interest rates on its credit line service after securing long-term cost-efficient financing. The instant lending platform claims that they…

'Teflon' Sam Bankman-Fried illustrates why the crypto community holds him in high regard, as Blockfolio exploit results in clear communication and a rapid response. 3028 Total views 11 Total shares On February 9, Blockfolio's Signal feed was briefly compromised, resulting in some users receiving racist messages within the company's app.Users said that the culprits went so…

Liquidators of defunct New Zealand cryptocurrency exchange Cryptopia have applied to secure user data stored in the United States as part of refund proceedings, a statement confirmed on May 27.Cryptopia, which suffered a hack in January, has spent months cooperating with law enforcement worldwide in an effort to control stolen funds worth around $16 million.The…

Coinbase founder Brian Armstrong and chief legal officer Paul Grewal spoke about the company’s Wells notice from the SEC on YouTube and at Consensus 2023. 318 Total views 14 Total shares Own this piece of history Collect this article as an NFTExecutives of cryptocurrency exchange Coinbase took their company’s regulatory issues to the public on…

Bitcoin (BTC) is down about 11% in August, just shy of the 13.88% fall seen in the corresponding month in 2022, according to CoinGlass data. The picture does not look very bright for September either. History shows that every year since 2017, Bitcoin has declined in September. Bloomberg Intelligence senior macro strategist Mike McGlone is even…

Data from on-chain monitoring resource BTC.com confirms that on Aug. 31, Bitcoin’s network difficulty hit new all-time highs.Bitcoin seals biggest difficulty jum since start of 2022Despite the recent BTC price drawdowns, Bitcoin’s network fundamentals are telling an optimistic tale as August comes to a close.Both difficulty and hash rate are climbing, reflecting conviction among miners…

Fresh institutional and retail investor inflows into the cryptocurrency market have led to bull market conditions for many top tokens from blue-chips like Bitcoin (BTC) and Ether (ETH) to more recently established DeFi projects like AAVE and Synthetix (SNX).Exchange tokens are another easily overlooked sub-sector of the market but they have been performing exceptionally well…

Naver is reportedly looking to strengthen its position in the crypto industry with a potential equity stake in South Korea’s largest crypto exchange. 2943 Total views 20 Total shares Major South Korean internet company Naver has reportedly begun negotiations to acquire a stake in the country’s largest cryptocurrency exchange, Bithumb.Naver has discussed a potential equity…

Several factors accelerated ETH’s drop to $2,100, and analysts warn that the recovery could take some time.