Day: 22 July 2022
Crypto to reach 1 billion users in 2030: BCG Report
A report by Boston Consulting Group (BCG) showed that 0.3% of individual wealth is invested in crypto while 25% is...
Prince Philip of Serbia calms rumors of Arab country Bitcoin adoption
In an interview with Cointelegraph, the hereditary prince nuanced his views on Bitcoin adoption in the middle east and shed...
3AC founders reveal ties to Terra founder, blame overconfidence for collapse
Su Zhu revealed the 3AC team had close ties to Terra co-founder Do Kwon, which made them overlook many red...
Crypto.com scores regulatory approval from Cyprus SEC
Crypto.com exchange follows in FTX's footsteps by targeting aggressive expansion in Europe after receiving CySEC approval. Singapore-based cryptocurrency exchange Crypto.com...
Buying crypto with credit card is now indirectly banned in Taiwan
In its note to banking sector, a chief financial regulator likens virtual assets to online gambling. Taiwan’s Financial Supervisory Commission...
Bitcoin traders eye levels to hold as ‘decision time’ looms for BTC price
Levels immediately below the current $23,000 need to hold at the weekly close for Bitcoin bulls to breathe easy, commentators...
Don’t wait around for recovery, keep on building, says Web3 exec
Tegan Kline said that the bear market is a “builder’s paradise” because there is less noise and teams can focus...
BlockFi had $1.8B in outstanding loans in Q2: Report
Crypto lender BlockFi outlined the total amount of loans and net risk exposure it carried at the end of Q2...
Blockchain and cybersecurity awareness on the rise: PolySwarm CEO
Steve Bassi, the CEO of PolySwarm, said that gathering data on malware infrastructure shortens the lifespan of malware campaigns.
Bitcoin’s Mining Difficulty Slides 5% Dropping to Levels Not Seen Since March
On July 21, 2022, at 2:14 p.m. (ET) at block height 745,920, Bitcoin’s mining difficulty dropped by 5.01% outpacing the...
Saudi Chemicals Producer SABIC Launches Blockchain Pilot Project
A Saudi Arabia-based chemical manufacturer has said its recently launched blockchain pilot is expected to uncover the possibilities of the...
Thailand’s Oldest Lender Delays Bitkub Exchange Acquisition Amid Tighter Crypto Rules
The company that owns Thailand’s Siam Commercial Bank has postponed a deal to acquire a majority stake in Bitkub, the...
Compass Mining to add 25,000 ASIC miners just weeks after staff cuts
The Bitcoin mining company plans to expand its fleet of mining devices comes on the back of staff lay-offs and...
‘The market is acting this way because there is no regulation’ says Skale Labs’ co-founder
According to Kladko, a combination of naive investor protection mechanisms and lack of market regulation led to the recent DeFi...