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Showing posts from August, 2022

Binance looks to bolster lead position in crypto market with free trading

World’s biggest digital asset exchange gives up fee income to bring users on to its platform from Cryptofinance https://ift.tt/5PhatZq

A divide has emerged in EU and UK crypto regulation

Legislation is on the way but consumers will continue to be ripped off until authorities utilise existing powers from Cryptofinance https://ift.tt/6ECFKGy

Singapore to tighten retail access to cryptocurrencies

Regulator says further measures are required ‘to reduce consumer harm’ from Cryptofinance https://ift.tt/zXLR5un

Crypto and climate change: can web3 help get us to net zero?

New tech ventures want to use blockchain to clean up a messy carbon market — but critics fear more greenwashing from Cryptofinance https://ift.tt/S79Q6Tn

Bitcoin Depot: crypto ATM taps Spac cash

Revenue is up for the group that runs cash-for-crypto kiosks but it is hard to see how growth can be sustained from Cryptofinance https://ift.tt/GyeNtoj

Further reading

Tether plays chicken with Ofac, Texas hates ESG, construction doesn’t scale, etc from Cryptofinance https://ift.tt/v5LsBqa

Silicon Valley should spare us the guff about doing good

It ought to be OK to say that the purpose of business is to make money from Cryptofinance https://ift.tt/4VTebiX

An anatomy of crypto-enabled cyber crime

At least one corner of the cryptosphere is booming from Cryptofinance https://ift.tt/U29jOgm

All Points South for crypto-backed festivals

Luno sponsors a London day party from Cryptofinance https://ift.tt/V305Cmn

Asset managers have a self-interest in crypto’s future

Established institutions can provide a layer of security to a largely unregulated market from Cryptofinance https://ift.tt/7TUierN

Stablecoin issuers hold $80bn of short-dated US government debt

Ownership highlights how digital asset players are encroaching on traditional markets from Cryptofinance https://ift.tt/X8wjQOh

Canadian pension giant writes off $150mn Celsius investment

CDPQ concedes it went into crypto ‘too soon’ from Cryptofinance https://ift.tt/vcXedNM

Genesis CEO exits after crypto broker took hit from Three Arrows collapse

Group plans to cut 20% of its staff as Michael Moro steps aside from Cryptofinance https://ift.tt/ZdpaYJw

Galaxy Digital commits to Nasdaq listing after ending BitGo deal

Investment manager aims for US market as $1.2bn deal collapses from Cryptofinance https://ift.tt/rMTtk3f

Ethereum: eco-friendly update could speed up bitcoin challenge

Verifying transactions in a way that uses less energy would be a welcome development in the industry from Cryptofinance https://ift.tt/barwZSx

Crypto poses serious challenges for regulators

There are important questions to answer on systemic risk, market integrity and consumer protection from Cryptofinance https://ift.tt/7aM49xv

Dutch authorities arrest suspected developer of crypto mixer Tornado Cash

Man detained as part of global crackdown on anonymity-enhancing crypto platforms from Cryptofinance https://ift.tt/GpoVnuC

Crypto libertarians find out sanctions apply to them too

Plus, Coinbase’s tough year continues and job losses in a growing metaverse industry from Cryptofinance https://ift.tt/HnUIRBe

BlackRock pushes into crypto market with bitcoin private trust

Asset manager to offer investment vehicle only to institutional clients in the US from Cryptofinance https://ift.tt/wa2tgOk

Robinhood suffers harshest hangover after pandemic stock trading boom

Active users desert upstart retail broker while stodgier rivals weather market slump from Cryptofinance https://ift.tt/imcN09E

Coinbase racks up $1.1bn loss as crypto trading volumes slump

Exchange says downturn is part of a typical cycle as digital asset prices fall from Cryptofinance https://ift.tt/ivxhzjM

US Treasury imposes sanctions on ‘crypto mixer’ over alleged laundering

Ofac says cyber criminals have used Tornado Cash service to launder more than $7bn from Cryptofinance https://ift.tt/5QgGhO4

Coinbase: BlackRock deal will not put crypto platform in the black 

The crypto crash is not the US-listed exchange’s only problem from Cryptofinance https://ift.tt/zksRVU4

In defence of stablecoins

The culprit behind recent crypto tumult was not technology but a concept familiar to traditional finance — bad collateral from Cryptofinance https://ift.tt/NSjFlRg

Ethereum prepares to ditch its energy-guzzling blockchain

Will the ‘Merge’ shine a light on bitcoin’s carbon footprint? from Cryptofinance https://ift.tt/aKs3kf4