Norway could go its own way on crypto asset regulation, central bank suggests
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Bitcoin holds $20K, but analysts say BTC open interest leaves room for ‘more deleveraging’
BTC trades in the lower-end of its 76-day range, but analysts say future Fed actions and record-high open interest increase the possibility of future “deleveraging events.” 98 Total views 5 Total shares Bitcoin (BTC) price continues to struggle at $20,000 and repeat dips under this level have led some analysts to project deeper downside in…
A Bitcoin price dip for ants? BTC quickly rebounds to a new high above $57K
The price of Bitcoin (BTC) dipped to as low as $53,905 on Binance overnight, recording a sudden 6% drop. But despite the minor correction, the price of Bitcoin quickly recovered thereafter, reaching a new all-time high above $57,800 on Feb. 21.BTC/USDT 4-hour price chart (Binance). Source: TradingView.comWhy did Bitcoin drop and recover so quickly?Although Bitcoin saw…
MiCA regulation poses ‘systemic risk’ to banking system, says Tether CEO
According to Tether CEO Paolo Ardoino, recently approved MiCA regulations threaten both banks and stablecoin issuers.
A16z-backed CoinSwitch exchange raided over alleged forex law breaches
The Andreessen Horowitz-backed crypto exchange is the latest on the Enforcement Directorate’s anti-money laundering hit list. 115 Total views 11 Total shares Major Indian crypto exchange CoinSwitch Kuber had five of its premises searched by anti-money laundering agents on Thursday over alleged violations of forex laws. According to an Aug. 25 report from Bloomberg, India’s Enforcement…
DeFi project Aave unlocks collateral with version 2 release
The decentralized finance, or DeFi, niche of crypto has boomed in 2020, paying users interest on locked funds (collateral) in exchange for loans. DeFi protocol Aave recently unveiled its second version, V2, adding further potential to the sector. “In DeFi, assets that were being used as collateral were tied up, but now with V2 they are…
21-Year Old American Purported SIM Swapper Arrested for Alleged Theft of $1 Mln in Crypto
Authorities in the U.S. state of California have arrested a 21-year old New Yorker for the alleged theft of $1 million in crypto using “SIM-swapping,” U.S. broadsheet the New York Post reported Nov. 20.SIM-swapping — also known as a “port-out scam” — involves the theft of a cell phone number in order to hijack online…
Paradigm raises $850M for third crypto fund
Paradigm has been discussing its new crypto fund for the past few months as markets rebounded.
Nomura offers customers token subscription service for a luxury Italian restaurant
Major Japanese financial firm Nomura has today announced a new blockchain token service to buy and trade food dishes at an up-market Italian restaurant. 58 Total views 1 Total shares Japan’s largest financial brokerage Nomura Holdings Inc. has launched a subscription service offering customers the opportunity to purchase and trade food dishes at a high-end…