Suggested crypto ban legislation apparently under review by India’s government
Professionals in India are apparently weighing up options regarding crypto regulations in the country.
Bitcoin
Category: Crypto News
Bitwise secures $70M in Collection B funding from main Wall Street investors
Bitwise has attracted significant assets from major American institutional investors to the tune associated with $70 million.
Kyber expands to Polygon, announces $30M ‘Rainmaker’ liquidity exploration program
The particular Kyber Network is set in order to float a $30 mil liquidity mining program to both Ethereum and Polygon swimming pools.
Electronic euro could drain 8% of bank deposits, Morgan Stanley says
Banking institutions in smaller countries such as Latvia, Estonia and A holiday in greece could be more seriously influenced by the digital euro, experts said.
Jack port Dorsey notes lobbying attempts to get Ethiopian gov’t in order to embrace Bitcoin
Ethiopian-based group Project Mano will be lobbying the government to my own, hold and link Bitcoin to the Ethiopian birr or even other legal tenders.
Pending ‘death cross’ may place Bitcoin bull run at risk ahead of Fed meeting
Experts anticipate Bitcoin to continue the recovery rally above $40, 000 on bets associated with increasing anti-inflation, but the looming death cross can spoil the upside outlook.
Crypto and ‘meme stocks’ detested by 90% of UNITED KINGDOM financial advisers
A current Opinium poll has shown that the majority of British financial advisor respondents are not advocates associated with crypto investing for their customers.
Bullish all the way? MicroStrategy doubles upon its Bitcoin bet
MicroStrategy’s latest bond offering looks for to deliver a yield associated with 6. 25%–6. 5% — significantly higher than an average rubbish bond yield of four. 01%.
Estonian IT company inks $26M crypto mining deal with Bitmain
Burfa intends to purchase new cryptocurrency mining equipment from Bitmain to boost its data-center capability.
Bitcoin miners can prove green possible by undergoing ESG rankings check
Bitcoin miners may opt for ESG ratings to prove “greenness” as environmental concerns weaving loom over the entire crypto sector.
Rules drive Korean exchanges in order to delist, warn against high-risk coins
Southern Korea’s cryptocurrency market is constantly on the transform under the weight associated with mounting regulatory pressures. Main crypto exchanges such as Upbit have this week moved to delist or warn against particular digital assets they have evaluated to be high-risk for traders. The trend, as local reporters note, has seemingly already been sparked by the increasing degree of intervention by financial government bodies into crypto service providers’ operations. Last week, Korea’s Monetary Intelligence Unit (FIU) apparently contacted 33…
Brand new DAO launches after $230M funding round including Philip Thiel, Alan Howard
BitDAO, a new decentralized autonomous business, is launching after a $230 million funding round directed by billionaire venture capitalist Peter Thiel. BitDAO introduced its DAO launch upon Tuesday in conjunction with completing a personal sale from initial companions led by Thiel, Pantera Capital, Dragonfly Capital plus Founders Fund. Other traders included billionaire hedge account manager Alan Howard, Spartan Group, Jump Capital, Fenbushi and Kain Warwick associated with DeFi protocol Synthetix, amongst a total of more than 20 gamers in…
Suggested crypto ban legislation apparently under review by India’s government
India’s government is reportedly looking at modalities for banning or even regulating cryptocurrencies in the country. Based on Bloomberg Quint, reports reveal that the government is in discussions with financial regulators plus industry stakeholders to examine the particular provisions of an earlier offer that effectively called for the blanket prohibition of crypto in India. Back in Feb, several reports out of Indian stoked fears of a probable crypto ban that has up to now failed to materialize. Instead, the…
Bitwise secures $70M in Collection B funding from main Wall Street investors
Bitwise, a four-year-old crypto resource management firm, has shut a Series B funding circular, raising $70 million within fresh capital from traders. According to a report by CNBC on Tuesday, major Wall structure Street figures such as billionaire investor and Bitcoin (BTC) proponent Stanley Druckenmiller plus David McCormick, CEO associated with asset management giant Bridgewater Associates, participated in the financing. Commenting on the stellar throw of investors, CNBC cited Bitwise CEO Hunter Horsley stating that the company had been…
Kyber expands to Polygon, announces $30M ‘Rainmaker’ liquidity exploration program
Decentralized finance liquidity hub Kyber Network is set to become the following DeFi protocol to your expanding Polygon ecosystem. In the statement issued on Wed, Kyber announced the start of Rainmaker, a liquidity mining program on the platform’s Dynamic Market Maker process that will commence on 06 30 to mark Kyber’s expansion to Polygon. Based on the announcement, the Rainmaker system will distribute $30 mil in rewards to liquidity providers on the Kyber DMM across both Polygon plus Ethereum….
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