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Cryptoverse: Bleeding Bitcoin's Holding Out For A Hero

Reuters | Tuesday August 30, 2022

The world's biggest cryptocurrency can't seem to catch a break. It finally looked to be regaining strength this month, breaching $25,000 for the first time since its June collapse, only to relapse towards $20,000.

Singapore Might Restrict Retail Access To Cryptocurrencies: Central Bank

Asian News International | Tuesday August 30, 2022, Singapore

Singapore's central bank Monetary Authority of Singapore is contemplating adding frictions on retail access to cryptocurrencies through various measures including customer suitability tests and restricting the use of leverage and credit facilities for such trading.

Asset Managers To Offer Small Byte-Sized Funds Despite 'Crypto Winter'

Reuters | Tuesday August 30, 2022

In such funds, tokens are issued through a security offering which gives the investor the right to participate.

CoinSwitch Search By Authorities "Not About Money Laundering," Says CEO

Reuters | Monday August 29, 2022

India's top crypto app CoinSwitch is cooperating with the national financial-crime agency, whose agents searched its offices this week to find out about its business model and user-onboarding processes, its CEO told Reuters on Saturday.

Bitcoin Falls Below $20,000 After Fed's Hawkish Tone; Down Nearly 60% From Its Peak

Reuters | Monday August 29, 2022

Bitcoin was last below $20,000 in mid-July.

Bitcoin Depot To List In The US Through $885 Million SPAC Deal

Reuters | Friday August 26, 2022

Fintech Bitcoin Depot plans to list in the United States by merging with blank check company GSR II Meteora Acquisition Corp in a deal valued at $885 million, the companies said on Thursday.

Cboe Says Robinhood, Virtu Among Potential Partners In Its Crypto Exchange

Reuters | Friday August 26, 2022

Cboe Global Markets Inc on Thursday said it is in discussions with several market participants, including retail brokers and market makers, about taking strategic stakes in its recently acquired digital asset exchange, ErisX, which will be renamed Cboe Digital.

NFTs (Non-Fungible Tokens) Worth $100 Million Stolen In Past Year: Research Firm

Reuters | Thursday August 25, 2022

Thieves stole over $100 million worth of non-fungible tokens in the year to July, blockchain research firm Elliptic said.

Bankrupt Crypto lender Celsius Sues Former Manager Over Alleged Theft

Reuters | Wednesday August 24, 2022

Celsius Network on Tuesday sued a former investment manager, accusing him of losing or stealing tens of millions of dollars in assets before thecryptolender went bankrupt last month.

European Policymaker Sees Several Benefits To Possible Digital Euro

Reuters | Wednesday August 24, 2022

A possible digital euro currency, which the European Central Bank is studying, could have several benefits

Crypto Investor Claims Rs 12 Crore Stolen By Blockchain Thief

Edited by Diksha Rani | Tuesday August 23, 2022

The crypto investor discovered in May that the funds were missing from his digital wallet and moved court to find out who the thief was.

A Mixer With Your Crypto Cocktail? DeFi Dream Is Shaken, And Stirred

Reuters | Tuesday August 23, 2022

The DeFi dream is shaken. And stirred.

Growing Crypto Trade In Asia Needs Regulatory Frameworks: IMF

Asian News International | Tuesday August 23, 2022, New Delhi

Digitalization of the payment system can aid in the transition to the environmentally-conscious method of payments and also foster financial inclusion but at the same time crypto assets can pose risks to financial stability, the International Monetary Fund said.

Australia Embarks On Crypto Stocktake Ahead Of Regulation

Reuters | Monday August 22, 2022, Sydney

Australia said on Monday it would do a virtual stocktake of the country's cryptocurrency holdings, the first signal from the new centre-left government that it plans to regulate the $1 trillion sector.

Redemptions Pushed Tether's Reserves To Fall $16 Billion In June Quarter

Reuters | Monday August 22, 2022

Tether, the world's largest stablecoin by market value, said on Friday it had reserves worth $66.4 billion at the end of June, down from $82.4 billion at the end of March.