INDONESIA SET TO LAUNCH NATIONAL CRYPTOCURRENCY EXCHANGE IN JULY |1300 HKT | 0600 UKT | 18 July 2023

by Александр Пирогов | Jul 18, 2023 | Blog News

Indonesia’s Commodity Futures Trading Supervisory Agency (Bappebti) is advancing its plans to establish a national cryptocurrency exchange in July 2023. Bappebti’s head, Didid Noordiatmoko stated that all crypto transactions would be conducted exclusively through an...

BINANCE LAYS OFF OVER 1,000 EMPLOYEES: WSJ |1300 HKT | 0600 UKT | 18 July 2023

by Александр Пирогов | Jul 18, 2023 | Blog News

The world’s largest crypto exchange Binance has reportedly laid off more than 1,000 employees. This follows the recent resignations of several top executives of the exchange, including Chief Strategy Officer Patrick Hillmann. Binance CEO Changpeng Zhao contested these...

BITCOIN SOARS TO NEAR 13-MONTH HIGH FOLLOWING XRP’S RULING |1300 HKT | 0600 UKT | 17 July 2023

by Александр Пирогов | Jul 17, 2023 | Blog News

Bitcoin reached its highest level since June 2022 on 14 July, nearing a 13-month peak at $31,818. This comes after a US judge ruled XRP was not a security and thus Ripple Labs did not breach securities law by selling the token on public exchanges. The verdict...

MULTICHAIN SUSPENDS OPERATIONS FOLLOWING CEO’S ARREST |1300 HKT | 0600 UKT | 17 July 2023

by Александр Пирогов | Jul 17, 2023 | Blog News

Cross-chain protocol Multichain announced on 14 July its decision to halt all operations, citing lack of alternative sources of information and corresponding operational funds. This follows an alarm raised by blockchain analytics company Chainalysis, pointing towards...

US CRYPTO STARTUPS CLINCH MAJORITY OF VC INVESTMENTS IN Q2 2023 |1300 HKT | 0600 UKT | 17 July 2023

by Александр Пирогов | Jul 17, 2023 | Blog News

US-based crypto startups account for 45% of all venture capital (VC) investments in the crypto industry in Q2 2023 despite the increasing regulatory scrutiny in the country, with startups in the “trading category” drawing more capital, a recent study by crypto...

CELSIUS NETWORK FOUNDER PLEADS NOT GUILTY TO FRAUD CHARGES |1300 HKT | 0600 UKT |15 July 2023

by Александр Пирогов | Jul 17, 2023 | Blog News

Alex Mashinsky, the founder and ex-CEO of bankrupt crypto lending platform Celsius Network, entered a plea of not guilty to several fraud charges brought against him. Mashinsky faces accusations of misleading investors and manipulating the company’s propriety crypto...