Iron Finance bank run stings investors — A lesson for all stablecoins?
The Iron Finance stablecoin fiasco caused cries for regulation and shed light on the importance of complete collateralization.
Day: 28 June 2021
Iranian trade ministry issues 30 crypto mining licenses
Tehran province, which houses the country’s capital, was awarded only one license for operating a crypto mining center. Iran’s Ministry...
Crypto exchanges could sue Korean gov’t for ‘passing the buck‘ to banks
With many crypto exchanges in South Korea now on a precipice as a new regulatory framework kicks in, some are...
Huobi bans crypto derivatives trading for users in China
Chinese users will no longer be able to trade crypto derivatives on the Huobi exchange amid a broader cryptocurrency crackdown...
Ethereum looks to retake $2K days before London hard fork — Big breakout ahead?
The world’s second-largest cryptocurrency also surged in tandem with positively correlated Bitcoin, the flagship digital asset. Ether (ETH) prices reclaimed...
Korean Banks to Be Relieved of Liability for Crypto-Related Crime, Report Suggests
Banking institutions in South Korea have reportedly requested to not be held accountable for crimes linked to cryptocurrencies such as...
Europol Cracks Down on Vitae Belgian Ponzi Scheme, Recovers €1.5 Million in Crypto
Europol, the EU law agency, cracked down on Vitae, a Belgian Ponzi scheme. Europol raided 17 locations related to the...
Operator of China’s first Bitcoin exchange reportedly exits crypto
BTCChina has reportedly sold its stake in the Singapore-registered Bitcoin exchange ZG.com. BTCChina, the operator of China’s oldest Bitcoin (BTC)...
Demand for digital euro not yet clear, says BBVA exec
The European Central Bank should rely on public-private cooperation for issuing a digital euro, an exec at BBVA’s digital regulation...
Bitcoin short-term setup is challenging, JPMorgan strategists warn
Bitcoin and the crypto market are at the beginning of a healing process, JPMorgan analysts say in a note. Bitcoin’s...
Biggest ever mining difficulty drop: 5 things to watch in Bitcoin this week
Bitcoin network fundamentals reflect the mass mining migration underway this month, but BTC price action still makes gains. Bitcoin (BTC)...
Billionaire vows to spearhead Mexico’s first Bitcoin-friendly bank
Ricardo Salinas Pliego wants his bank to be the first in Mexico to accept BTC. The third richest man in...
Bank of Tanzania Hints at Possible Crypto Ban Reversal as Spokesman Confirms Bank Is ‘Working on the Directives Given’
In a hint that Tanzania might soon reverse its 2019 crypto ban, an unnamed spokesperson of the Bank of Tanzania...
Cryptowisser : Crypto Taxes Will Continue to See a Regulations Increase as Adoption Rises
PRESS RELEASE. June 2021, leading Crypto service comparison site – Cryptowisser, attempts to dissipate the cloud of confusion surrounding tax...
Oracle Vinny Lingham Still Envisions $100K This Year if Bitcoin ‘Continues to Hold $30K’
The former CEO of Gyft and the cofounder of the project Civic, Vinny Lingham has been called an ‘oracle’ at...
