The Thai SEC is seeking public input for newly proposed crypto custody regulations until late September. The Securities and Exchange Commission (SEC) of Thailand continues introducing new regulations for the cryptocurrency industry, citing investor protection concerns. On Wednesday, the Thai…
Kategorie: Crypto Flash News
Bitcoin returns to classic resistance, but belief in a fresh BTC price pullback is fading
Bitcoin “doesn’t owe you any pullbacks” from current levels, one analyst argues as stability returns to crypto markets. Bitcoin (BTC) stayed tantalizingly close to $50,000 on Tuesday as bulls contended with a classic resistance level. BTC/USD 1-hour candle chart (Bitstamp).…
Pakistani blockchain marketplace completes record $30M raise
With total funding of $37.8 million to date, Bazaar Technologies is among Pakistan’s most capitalized startups. Pakistani blockchain-powered business-to-business (B2B) marketplace, Bazaar Technologies, has secured $30 million in the country’s largest Series A round to date. Bazaar announced the closure…
Five DeFi projects and Kraken tip in $250K each to support Eth2 client teams
The Ethereum Foundation will pass the donations on to open-source developer teams including Besu, Erigon, Geth, Nimbus and Nethermind. A group of DeFi projects and U.S. crypto exchange Kraken have donated $250,000 each to the Ethereum Foundation to support client…
Coinbase users angry with customer support after funds disappear from accounts
Coinbase customers are venting again in frustration with the lack of customer support from the $65 billion company. Coinbase is under fire for terrible customer service following reports of users accounts being hacked and drained of funds. According to an…
Galaxy Digital partners with Alerian to launch eight crypto indexes
Galaxy Digital and Alerian announced the launch of eight passive crypto indexes that are rebalanced monthly and weighted equally. Galaxy Digital Holdings has teamed up with Alerian and S-Network Global indexes to launch eight crypto-focused blockchain indexes. According to an…
Philippine regulator tells Axie Infinity players they must pay tax on income from game
The Philippine government is yet to determine whether Axie’s in-game NFTs should be classified as securities or currency. Amid the enormous success of crypto-powered game Axie Infinity in the Philippines, the local Department of Finance has made clear that it…
Bitcoin hashrate triples since June 28 in recovery from China syndrome
Hashrate has now recovered to early June levels indicating that miners are coming back online after China’s crackdown. The hashrate for the Bitcoin network has made a remarkable recovery since it crashed following China’s crypto mining clampdown earlier this year.…
OnlyFans boss explains how ‘aggressive’ banks forced it to drop adult content
Speaking on OnlyFans’ ban on adult content, founder and CEO Tim Stokely explained the banks were the only reason behind the policy change. Tim Stokely, the founder and CEO of OnlyFans has explained how banks had forced it to drop…
Infrastructure bill set for a vote by Sept. 27 with no changes to crypto tax provisions
The House of Representatives will vote on the controversial infrastructure bill without amendments to its cryptocurrency provisions by Sept. 27. The controversial $1 trillion infrastructure bill will see a vote in the U.S. House of Representatives without any amendments to…