Category: Crypto News
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GEMINI sued
Gemini sued for “violation of US Securities Exchange Act” Amid a backdrop of uncertainty, Gemini was sued with a complaint relating to paid accounts that weren’t registered as securities. The cryptocurrency exchange is facing a lawsuit due to an uncertain scenario among investors. Gemini was sued for “violating securities laws” in the United States. Its…
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Philippine SEC warns of unlicensed cryptocurrency exchanges after FTX crash
Following the collapse of FTX, the Philippine government warned investors in the country against using unlicensed cryptocurrency exchanges. The Philippine Securities and Exchange Commission (SEC) has issued a warning to the public against using unregistered cryptocurrency exchanges operating in the country. In the warning, the SEC did not directly mention FTX, but said the warning…
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Russia’s largest bank issues gold-backed digital financial assets
Russia’s largest bank, Sber – formerly known as Sberbank – has reported the first issuance of gold-backed digital financial assets (AFDs). The bank sees these assets as a “good alternative” to invest during dedollarization. On December 26, Sber announced the news of its first edition of gold-backed AFDs. A diversified metals trader and producer, Solfer,…
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RCD Espanyol de Barcelona will accept payments in cryptocurrencies
RCD Espanyol de Barcelona announced on Tuesday that it will be the first club in the world to accept payments in cryptocurrencies. Thanks to an agreement with Crypto SNACK, this type of transaction is possible starting today. It is for the products in the online store and after that you can also buy tickets, season…
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El Salvador Increases Bitcoin Adoption Through Education
El Salvador is boosting the adoption of Bitcoin and cryptocurrencies in the country through an education project. El Salvador is taking further steps to promote mass adoption of Bitcoin through student education. But the country’s investment portfolio fell by 60%. Even in the dead of winter, El Salvador focuses on the mass adoption of Bitcoin.…
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FTX will return the funds to its clients
FTX is preparing to return its clients’ funds, but don’t get too excited. Amid the scandal surrounding the debacle of the Sam Bankman-Fried-led empire, some FTX subsidiaries have begun giving guidance on how they will return funds to affected clients. The FTX scandal erupts in the news daily, not only because of the scale of…
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Panic on Binance
The delicate situation of Binance after the fall of FTX does not seem to be over. As pessimism abounds in the cryptocurrency market, things can quickly get worse.
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Exchange Traded Bitcoin Miners Sold Almost Everything They Mined in 2022
The 10 largest publicly traded Bitcoin miners have liquidated almost everything they mined in this year 2022. The main cryptocurrency, Bitcoin, has been trading on a negative trend for the past few months, prompting major cryptominers to sell almost all mined Bitcoin in 2022. Analyst Tom Dunleavy of Blockchain research firm Messari shared a series…
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MicroStrategy sells bitcoin for the first time, but increases its BTC fund
MicroStrategy sold 704 bitcoins from its reserves last Thursday, December 22, they reported on Wednesday. MicroStrategy sold bitcoin (BTC) for the first time since it began buying the cryptocurrency in 2020. But then it increased its fund. The company itself reported the sale of approximately 704 BTC through its filing with the United States Securities…
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Altcoin Radar: Solana and FTX token prices plummeting
Last part of our altcoin newsletter for this year 2022; and we end with very marked falls and a surprising climb. We closed with big drops across the entire cryptocurrency market. The truth is, this has been a very negative year for the market, and last week’s news reflects that. One of the most emblematic…
