Crypto hedge fund Elwood closes $70 million financing led by Goldman Sachs and Dawn Capital
Elwood Technologies, the cryptocurrency company backed by billionaire fund manager Alan Howard, has received $70 million in a funding round led by Goldman Sachs and Dawn...
Australian tax office warns crypto investors of capital gains liabilities
The Australian Taxation Office (ATO) has issued a warning to cryptocurrency investors, reminding them that capital gains and losses must be reported every time a digital...
ECB's Panetta: Digital euro could be introduced within four years
A senior European Central Bank (ECB) official has said that the European Union (EU) could issue a digital euro within four years, with peer-to-peer payments among...
Luna Foundation guardian left with 313 bitcoin after UST crash
The Luna Foundation Guard (LFG), the official stewards of Terra's bitcoin reserves, released a statement Monday documenting how they scattered millions of dollars worth of cryptocurrencies...
Grayscale Investments launches its first ETF in Europe
Grayscale Investments plans to list its first exchange-traded fund (ETF) in Europe, offering investors exposure to companies in the financial, technology and digital asset sectors. The Grayscale...
Indian central bank says cryptocurrencies could lead to 'dollarization' of economy_ report
Cryptocurrencies may lead to "dollarization" of part of the economy, which could go against the country's sovereign interests, top Reserve Bank of India officials told a...
Nigeria's SEC confirms all digital assets are securities in new rulebook
A digital asset is a token that represents assets such as a debt or a claim to shares in the issuer and therefore falls under the...
First Mover Asia_ Singapore regulators to target domestic crypto companies after Terra collapse; bitcoin recovers
Good morning! Here's what happened: Prices: Bitcoin makes a small comeback on Sunday. Insights: crypto firms could face more scrutiny in Singapore. Technician's take: BTC is on track...
At Nationals ball park, Terra's bad week never happened
WASHINGTON, D.C. - Terra may be on the ropes after last week's dramatic death spiral, but the cryptocurrency's name is still emblazoned loudly on the pitch...
The collapse of UST and LUNA was devastating, but there is still hope for crypto
First of all, I want to emphasize that a lot of normal, hard-working people have lost money because of the crypto market crash in the last...
What happened to the $3.5 billion Terra Reserve?
Where did the $3.5 billion go? Unless you've been off the grid for the past few weeks, you probably already know that the $3.5 billion in Bitcoin...
Justin Sun talks USDD stablecoin in wake of LUNA/UST split
Justin Sun didn't expect Terra's $19 billion UST stablecoin to be crushed less than a week after launching his own algorithmic stablecoin, USDD. In late April, Sun...
Satoshi's mission, LUNA, UST and where crypto went wrong
"But they, our ancestors, became haughty and stiff-necked and did not obey your commands. They refused to listen to you and did not remember the miracles...
Do Kwon_ 'I am heartbroken' over pain caused by UST collapse
Terra creator Do Kwon said in a tweet thread he was "heartbroken" that his creations functionally lost all of their value this week. Kwon, who founded Terraform...
Popular crypto data websites targeted in phishing attack
Crypto websites Etherscan, CoinGecko, DeFi Pulse and others reported incidents where a malicious pop-up window prompted users to connect their MetaMask wallets. The phishing attack appears to...
Argentina was on the cusp of a crypto boom. The central bank had other plans
Argentina is currently experiencing a real crypto boom. Millions of users entered the market and the stablecoin segment grew sixfold by 2021. The country ranks tenth...
Market Wrap_ Cryptos are higher after a volatile week
Most cryptocurrencies traded higher on Friday as bearish sentiment eased. It seems that short-term buyers have returned from the sidelines, although technical indicators show limited upside...
'Stable in name only': stablecoin issuers speak out as UST slumps
As the cryptocurrency industry takes stock of the dramatic unraveling of the UST project, those who develop and maintain stablecoins are at pains to point out...
Crypto Savings Accounts_ What You Need to Know
Blockchain protocols do not, by default, pay interest to the holders of their currencies - unlike interest on a traditional savings account or a dividend paid...
U.S. House of Representatives panel to weigh FTX proposal to clear customer swap transactions
U.S. lawmakers have scheduled a hearing to examine the potential Pandora's Box opened by cryptocurrency exchange FTX when it applied to the Commodity Futures Trading Commission...