DeFi protocol raises $10M from Bitfinex, Ava Labs despite turbulent market
The prolonged market volatility has not stopped investors from backing a new protocol that merges…
Day: 23 November 2022
Bank of Japan to trial digital yen with three megabanks
The Japanese central bank plans to make a decision on whether to issue a digital…
Tether vs. USD Coin on-chain data reveals two very different stablecoins
The market cap of Tether dropped amid the FTX fiasco while USD Coin supply increased…
EU-based crypto exchange Bitpanda secures crypto license in Germany
The other licensees included three European institutional investment platforms and one U.S.-based retail platform.
Crypto awakening: Researcher explains ETH exodus from exchanges
On-chain analytics show that ETH and stablecoins have been flowing out of centralized exchanges in…
Bukele’s government introduced a bill to launch the ‘Bitcoin bonds’
A new bill confirms the government’s plan to raise $1 billion and invest them into…
Bitcoin may need $1B more on-chain losses before new BTC price bottom
BTC price losses are not yet bad enough to rival previous Bitcoin bear market troughs,…
US Sen. Elizabeth Warren says crypto will ruin economy — Community responds
Elizabeth Warren’s WSJ op-ed, which correlated the fall of the FTX crypto exchange to crypto…
Binance and Paxos’s BUSD: High Quality Reserves, Audits, and Regulation
What is BUSD? Recently, there have been many questions about the safety and soundness of…
Report: Kenyan Lawmaker Proposes Introducing Crypto Income and Capital Gains Tax
According to a capital markets amendment bill reportedly sponsored by Kenyan lawmaker Abraham Kirwa, cryptocurrency…
Austrian Crypto Exchange Bitpanda Secures Trading License From Germany’s BaFin
Crypto exchange and custody platform Bitpanda announced on Nov. 22 that it had received a…
DCG Subsidiary Foundry to Acquire 2 ‘Turnkey’ Bitcoin Mining Facilities From Compute North
Digital asset mining and staking firm Foundry has agreed to purchase two “turnkey” bitcoin mining…
Central banks can use Bitcoin to fight off sanctions: Harvard research
Matthew Ferranti, a Ph.D. candidate at Harvard, pointed out that Bitcoin is an optimal alternative…
New York governor signs PoW mining moratorium into law
Governor Kathy Hochul signed the PoW moratorium bill into law on Nov. 22, nearly four…
FTX collapse triggers second thoughts on Busan City’s crypto exchange plans
The Busan city administration has signed agreements with multiple crypto firms, including Binance, Huobi Global,…