MiCA threatens crypto firm exodus to Middle East: Regulatory expert

Ether (ETH) will face a critical $820 million monthly options expiry on Friday, Aug. 27. That will be the first time that $3,000 and higher options will have a real fighting chance, even though bulls seem to have missed a good opportunity to dominate the expiry because they were too optimistic about Ether’s price potential.It…

The closing of the exchange, along with a plunging ruble, may have a devastating impact on the lives of ordinary Russian citizens. 196 Total views 15 Total shares As reported by local news outlet tass.ru, the Central Bank of Russia once again suspended trading on the nation's leading Moscow Stock Exchange (MOEX) on Wednesday, and…

Bitcoin stares down Fed rate cut week at key resistance with plenty of BTC price volatility expected in the coming days.

"A digital euro could be a complement to, not a substitute for, cash," Lagarde said. Any digital currency released in the European Union may not fully replace fiat, said the President of the European Central Bank, Christine Lagarde.Speaking at an online meeting of the Franco-German Parliamentary Assembly on Sept. 21, Lagarde stated that the bank…

Ethereum’s transition to proof-of-stake continues, with the first mainnet upgrade of Beacon Chain scheduled for late October. 1103 Total views 39 Total shares The Ethereum network’s long-planned upgrade to a scalable, proof-of-stake consensus model grows closer as developers set a date for the Altair upgrade. Altair, which is described as the first mainnet upgrade to the…

Financial documents of Voyager revealed that they lent nearly $1.6 billion in crypto loans to an entity registered in the British Virgin Islands, the same place Alameda is registered. 254 Total views 25 Total shares Voyager Digital, the crypto lending firm that went bust due to the crypto contagion initiated by Three Arrow Capital’s (3AC)…

South Korea will continue to ban initial coin offerings (ICOs) in the country, state financial regulator the Financial Services Commission (FSC) confirmed in a press release Jan. 30.Unveiling the results of a survey undertaken from September 2018, the body said it had discovered that firms conducting ICOs were making use of foreign jurisdictions, but still…

Bitcoin mining infrastructure provider Bitfury has raised $80 million in a closed funding round, the company revealed in a press release shared with Cointelegraph Nov. 6.The round, which comes weeks after rumors Bitfury was considering an IPO, was led by European venture capital fund Korelya Capital.Other participants included South Korean internet giant Naver Group, Asian…

Intel shares closed higher following a new plan to spin off its AI-focused foundry business into an independent subsidiary capable of raising outside funding.