Month: September 2022
South Korea Seeks to Freeze 3,313 Bitcoin Allegedly Linked to Luna Founder Do Kwon
South Korean prosecutors are seeking to freeze 3,313 bitcoins at two cryptocurrency exchanges allegedly tied to luna founder Do Kwon. The coins were moved soon [more…]
Fed Chair Powell Sees ‘Real Need’ for More Appropriate Defi Regulation Citing ‘Very Significant Structural Issues’
Federal Reserve Chairman Jerome Powell says decentralized finance (defi) has “very significant structural issues,” emphasizing a “real need” for more appropriate regulation of the defi [more…]
Grayscale’s GBTC Discount to NAV Breaks Records as Spread Widens by More Than 35%
Grayscale Investment’s Bitcoin Trust (GBTC) has dropped to a new low this week as the bitcoin fund tapped a record 35.18% low against bitcoin spot [more…]
More Than a Half Dozen US Securities Regulators File Actions Against Crypto Lender Nexo
Crypto lender Nexo is having issues with state authorities from California, New York, Washington, Kentucky, Vermont, South Carolina, and Maryland. The enforcement actions from multiple [more…]
California Launches Crackdown on 11 Crypto Firms Accused of Operating Ponzi Schemes
The California Department of Financial Protection and Innovation (DFPI) has cracked down on 11 cryptocurrency companies that are accused of violating California securities laws. Nine [more…]
InVar Finance Builds InVaria2222 as the Team Looks to Provide Hybrid Finance Services
PRESS RELEASE. InVar Finance has recently built InVaria2222, the RWA tokenization world, which is currently in its first stage. InVar intends to create hybrid financial [more…]
Bitcoin, Ethereum Technical Analysis: BTC, ETH Lower as Powell Claims There Are ‘Structural Issues’ With Cryptocurrency
Bitcoin was back in the red on Wednesday, as U.S. Federal Reserve Chair Jerome Powell called for more regulation in decentralized finance (defi), citing “structural [more…]
Nanjing University Sets Up One of the First Metaverse Majors in China
Nanjing University in China has reportedly launched one of the first majors in the country dedicated to the study of metaverse-related knowledge. The university, located [more…]
Bitdeer Sets Up $250M Fund to Acquire Assets From Financially Distressed Bitcoin Miners
According to a representative from the bitcoin mining company backed by the Chinese crypto billionaire Jihan Wu, Bitdeer is crafting a $250 million fund to [more…]
Australia Issues White Paper for Central Bank Digital Currency
Reserve Bank of Australia is researching the potential benefits of launching a central bank digital currency. The monetary authority released a white paper outlining its [more…]
