With rising reports of crypto fraud, the European Commission (EC) of the European Union (EU) has proposed a rule banning anonymous transactions, according to remarks from EC Executive Vice President Valdis Dombrovskis published on Tuesday, July 20. Per the remarks from Dombrovskis, any crypto transactions...
With bitcoin falling, cryptocurrency prices in general were in the red on Monday (July 19), a report from The Street says. Bitcoin was down 2.9 percent the last time the report checked, with its price sitting at $30,768. Ethereum was at $1,825, down 4.4 percent, and...
Jackson, Tennessee could be the newest city to accept crypto payments, a report from Yahoo says. The city’s mayor, Scott Conger, said the city is looking into the matter and how to adopt such a thing. The city has debuted a new blockchain task force...
SB Northstar, which is an investment arm for SoftBank, has agreed to an investment of $75 million in Bullish, the Block.one subsidiary crypto exchange, CoinDesk writes. Bullish has been valued at $9 billion. The company is set to go public before the year’s end. It...
Binance, which has come under fire for its compliance standards in recent weeks, has been shut out of activity in Italy now, according to that country’s market watchdog, Consob, Reuters reported. “Savers are invited to make use of their utmost diligence in order to make...
Apollo Global Management is teaming up with Figure Technologies, a blockchain startup, on several innovative projects, Bloomberg reported. The initiatives will cover on-chain fund listing, asset securitization and digital marketplaces, applying Figure’s blockchain Provenance. Figure, founded in 2018, is focused in the upcoming year on...
Nassim Nicholas Taleb, the author of “The Black Swan” and a probability researcher and former quantitative trader, previously spoke highly of bitcoin. Now, he has criticized it as essentially worthless, CNBC reported. Taleb said in a recent paper that bitcoin has failed to satisfy the...
Bitcoin’s prices have been in a lull, with the cryptocurrency’s range lingering between $32,000 and $35,000 for weeks now, CoinDesk reported. Because of the prolonged consolidation, the relative strength index and other popular indicators can’t prove directional bias, according to CoinDesk. There could be declines...
Binance is working on bolstering its international compliance team, according to a report from the Wall Street Journal (WSJ). This comes at a time where crypto companies and other related ones are facing more regulatory scrutiny. Binance was started in China four years ago by...