Central African Republic Greenlights Bitcoin As Reserve Asset
Summary: Bitcoin is set to serve as a reserve asset in the Central African Republic. The leading coin was recently approved as legal tender in the African state following a…
Bitcoin Miners Sold 14.6k BTC in June, a 4x Increment From May and Suggesting Capitulation
Summary: Bitcoin miners sold an estimated 14,600 BTC in June. This amount was a 400% increment from May. Continuous selling of BTC by Bitcoin miners is hinting at capitulation. According…
Bitfinex Hack Suspect Given Go Ahead to Find New Job Before Trial – Report
Summary: Heather Morgan, accused of attempting to launder $3.6 billion worth of Bitcoin from the 2016 Bitfinex hack alongside her husband, has asked a judge to modify the conditions of…
Elon Musk’s Lawyers Seek to Push Twitter Trial to February 2023
Summary: Elon Musk’s lawyers are looking to push the lawsuit Twitter filed against him to February 2023. Twitter has been pushing for a speedy trial stating that it only needed…
CoinFLEX Resumes Crypto Trading With Limited Withdrawals of Up to 10% of User Funds
Summary: CoinFLEX has announced the resumption of crypto exchange trading services. However, withdrawals will be limited to 10% of user funds as 90% of all users’ assets are locked. The…
President Putin Signs New Law Banning Bitcoin and Crypto as a Means of Payment in Russia
Summary: President Vladimir Putin has signed into law a new bill banning the use of Bitcoin and cryptocurrencies as a form of payment within Russia. Crypto service providers must now…
Ethereum Merge Date Set For September 19 (Tentative)
Summary: Ethereum developers suggest that The Merge could happen on September 19. The date was disclosed during a developers’ meeting this week led by Tim Beiko. September 19 remains an…
Three Arrows Capital (3AC) Liquidators Call On Singapore Authorities To Align With BVI Court Order: Strait Times
Summary: Three Arrows Capital liquidator Teneo Restructuring has hired WongPartnership LLP to handle petition efforts in Singapore. The move is geared toward securing approval from a Singapore High Court to…
CFTC Adds 34 Crypto Entities to the RED List
The Commodity Futures Trading Commission has added 34 crypto entities to its RED list. The entities were added to the list because they have not registered with the agency. The…
OpenSea Lays 20% Of Its Staff, While Rival LooksRare Says It’s Hiring More People
OpenSea’s co-founder Devin Finzer announces that they are laying off 20% of the OpenSea staff. The firm will be helping its employees find a new jobs and will also be…
Celsius Network’s Assets Could Be Locked for a Long Long Time Like Mt. Gox’s Crypto, Says Bitfinex Whale.
Summary: Bitfinex Bitcoin whale, Joe007, has warned that Celsius Network’s assets could be locked for a ‘long long time’ just like Mt. Gox’s crypto has been locked since 2014. Celsius…
Sandbox Partners With Tony Hawk To Build the Largest Skatepark in the Metaverse
Summary: Sandbox has announced a partnership with the skateboarding legend Tony Hawk to build the biggest skatepark in the Metaverse. Autograph NFTs will provide additional access to Tony Hawk’s LANDs…
Shanghai’s Government Warms Up to NFTs, Recommends the Exploration and Building of Their Trading Platforms
Summary: The government of Shanghai seems to be warming up to NFTs. It has recommended the exploration and development of NFT trading platforms. Shanghai’s government sees NFTs as a means…
GeckoCon Insights: DeFi’s Next Phase of Growth Will Come From Solana, Avalanche, and Other Chains
Summary: Today is the first day of CoinGecko’s 2022 GeckoCon which will run from the 14th to the 15th of July (9 am to 3 pm EST). This year’s GeckoCon…
India’s Crypto Advocacy Council Disbanded After 5 Years Of Lobbying
Summary: The Blockchain and Crypto Assets Council has shut down effective immediately. BACC’s parent organization, Internet & Mobile Association of India (IAMAI), decided to close the group and prioritize non-crypto…