Korean startup Uprise lost $20M shorting LUNA
The crypto custodial service and AI trading platform managed to lose nearly all of its…
Month: July 2022
All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments
TBC founder Elon Musk seemingly confirmed the news on Wednesday with a tweet responding to…
Bank of England: Crypto Needs Enhanced Regulatory and Law Enforcement Frameworks
The Bank of England says “extreme volatility” in the crypto market “underscores the need for…
Bank of America’s Active Crypto Users Drop More Than 50% in Bear Market
Bank of America has revealed that the number of its customers who are active crypto…
Elon Musk’s Boring Company to Accept Dogecoin Payments for Rides on Las Vegas Transit System Loop
Elon Musk’s Boring Company will accept the meme cryptocurrency dogecoin as payment for rides on…
LBank Exchange Will List IX Token (IXT) on July 7, 2022
PRESS RELEASE. INTERNET CITY, DUBAI, Jul. 6, 2022 – LBank Exchange, a global digital asset…
Crypto owners banned from working on US Government crypto policies
A new legal advisory notice from the US Office of Government Ethics prohibits any employee…
Sepolia testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’
Merge trials on testnets are essential to allow Ethereum developers and independent project developers to…
Bitcoin-friendly Próspera hits back at controversy in The Guardian
Some residents have reportedly told the crypto-friendly city of Próspera to “go home” following the…
Bitcoin price holds $20K, but analysts say ‘expect 6 months of sideways’ price action
BTC bulls are holding $20,000, but most traders are confident that the price will remain…
El Salvador’s Bitcoin wallet Chivo scores $52M in remittances in 2022
El Salvador payment app Chivo processed $52 million in remittances over the past six months,…
Crypto tax deters 83% Indian investors from crypto trading: WazirX report
With two consecutive taxes ready to eat away at their holdings, most Indian investors have…
Demand for Hardware Crypto Wallets Increases Amid Currency Restrictions in Russia
Hardware wallets designed to securely store cryptocurrency have seen a several-fold increase this spring in…
Cumberland Says Financially Burdened Crypto Firms Are ‘Hanging Over the Market Like a Cloud’
Following the over-the-counter (OTC) firm’s Twitter thread on June 14, Cumberland explained on July 5…
Bitmain Launches 2,400 Megahash E9 Ethereum Miner Ahead of The Merge
On July 6, the crypto mining rig manufacturer Bitmain announced the launch of the highly…