Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Law Decoded: Cents and stability, Nov. 20–27
Editor’s noteAs many of you were certainly following in real time, a bull market gave way to a bloodbath yesterday, which happened to be Thanksgiving in the U.S. Personally, I’ve never thought that Bitcoin’s price was any sort of proof of its value proposition, but for many its retreat yesterday certainly dashed many a planned…
Tornado Cash shows that DeFi can’t escape regulation
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) issued sanctions against Tornado Cash this month, marking its first action against a decentralized finance (mixer in what may prove to be a watershed moment for DeFi regulation.A lack of response and regulatory preparation from the industry is perhaps unsurprising of a mindset honed outside the…
South Korean authorities arrest 16 individuals connected to $2B crypto forex transactions: Report
More than $283 million of the $2 billion in crypto transactions were reportedly facilitated through illegal remittance agencies. 212 Total views 13 Total shares Authorities with South Korea’s customs service have reportedly arrested 16 people involved in illegal foreign exchange transactions connected to crypto assets worth roughly $2 billion.According to a Tuesday report from South…
FTX debtors object Genesis’ ‘critical’ claim estimate of ‘$0.00’
The FTX debtors alleged that the claim was filed "without any advance notice," and they were not invited to participate in the mediation. 82 Total views 2 Total shares Just a month after bankrupt cryptocurrency exchange FTX was seeking $4 billion from the also bankrupt crypto lender Genesis, it is now contesting a claim that…
Oman to establish regulatory framework for virtual assets
Despite the warnings about investing in digital assets by Oman’s central bank, about 65,000 residents hold cryptocurrencies. 81 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe Capital Market Authority (CMA), the regulator of Oman’s financial markets, looks to establish a new regulatory framework for the virtual asset…
Operator of China’s first Bitcoin exchange reportedly exits crypto
BTCChina has reportedly sold its stake in the Singapore-registered Bitcoin exchange ZG.com. 101 Total views 1 Total shares BTCChina, the operator of China’s oldest Bitcoin (BTC) exchange, is no longer in the crypto business, according to some reports.The company sold its stake in the Singapore-registered Bitcoin exchange ZG.com to an unidentified foundation in Dubai, Chinese…
Major anime platform incorporates crypto and NFTs to ebook market
Distributed ledger technology will also enable rights holders to receive royalties from resales. 2226 Total views 7 Total shares MyAnimeList, an active online community for anime and manga with an estimated 10 million North American users, is incorporating cryptocurrency payments into its ecosyste.In a Dec. 2 press release, blockchain platform Digital Entertainment Asset announced a…
Real estate leads securitized blockchain assets in 2022 — Report
Real estate is an asset class that is ripe for integration with blockchain technology. Security tokens cover many categories but are dominated by real estate. The Cointelegraph Research Terminal is hosting a 33-page report by Security Token Market, a data and media firm, that covers the current state of real estate security tokens and the…