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News and Articles by Anahit

SEC CFTC crypto

Gary Gensler Says SEC Is in Talks With the CFTC Over Crypto


The US Securities and Exchange Commission (SEC) intends to collaborate with other government agencies to increase oversight of cryptocurrency exchanges and companies. In an interview with Financial Times, SEC chair Gary Gensler said he is holding discussions with his colleagues from the Commodity...

Goldman Sachs Celsius

Goldman Sachs Plans to Buy Celsius Assets


New York-headquartered international investment bank Goldman Sachs is seeking $2 bln from investors to purchase assets if the cryptocurrency lender Celsius goes bankrupt. The deal would let investors acquire the assets at significant discounts. People familiar with the matter told the news site...

Bitcoin China crypto

China Releases New Warnings Against Bitcoin


The government of China released new warnings against Bitcoin and the crypto market. Given the recent price drop, China finds the Bitcoin price is heading to zero. Local media reports that a release from the state-run Economic Daily restates the negative attitude of the authorities against cryptos....

Coinbase Polygon Solana

Coinbase Adds Polygon and Solana Support for ETH, MATIC, and USDC


Popular crypto platform Coinbase said in the next month users will be able to make transactions in Ether, MATIC and USDC stablecoin on Ethereum's L2 scaling solution Polygon, and USDC on Solana. Coinbase published a blog post that mentions Ethereum has the largest ecosystem for developers,...

Harmony hack

Harmony's Horizon Bridge Was Hacked for $100 M


Today, the Harmony blockchain tweeted that hackers exploited the Horizon bridge for $100 M. The team has started collaborating with national authorities and investigators to find out the criminals and restore the stolen funds. The Horizon bridge provides interoperability between Ethereum, Binance...

Avalanche Bitcoin support

Avalanche Added Bitcoin Support Through Avalanche Bridge


Blockchain platform Avalanche revealed native support for Bitcoin via the Avalanche bridge. The team published a blog post that says with the new Bitcoin bridging possibility, the network aims to uncover more than half a trillion dollars of value on the BTC network within the Avalanche DeFi...

Changpeng Zhao Bitcoin

Binance CEO Says BTC Could Stay Below $69 K for Some Time


Changpeng Zhao, the founder, and CEO of the top cryptocurrency exchange platform Binance finds Bitcoin could stay below its all-time high of $69,000 for the next two years after the recent crypto market crash. In an interview with the Guardian, CZ noted 4 years ago people would have been very happy...

Ontario Securities Commission crypto

Canada Took Enforcement Actions Against KuCoin and Bybit


Canadian monetary authority OSC (Ontario Securities Commission) published a release saying digital asset exchange platforms Bybit and KuCoin haven't complied with the securities laws. According to the publication, the platforms were not compliant with laws as they enabled Canadian residents to...

eBay KnownOrigin

eBay Buys NFT Platform KnownOrigin


International e-commerce platform eBay revealed acquiring the NFT marketplace KnownOrigin, which provides artists an environment to create digital assets in the form of non-fungible tokens. The announcement about the acquisition said that with the purchase eBay is opening a new era of digital...

Tether UK stablecoin

Tether Is Releasing a British Pound-Pegged Stablecoin


Tether introduced a new stablecoin. The digital asset will reflect the price of the UK’s official currency Pound Sterling. The GBP₮ coin will be brought to the market in July. According to a publication by Tether, the coin initially will be available on Ethereum. GBP₮ will be the fifth...

Uniswap NFTs

Uniswap Revealed Acquiring NFT Aggregator Genie


Uniswap Labs, the company behind the development of the Ethereum-based DEX Uniswap, revealed acquiring Genie, the first aggregator for NFT marketplaces. Genie enables discovering and trading NFTs across platforms. Uniswap’s announcement on the deal says the step is a part of the company's mission...

Deloitte NYDIG crypto

NYDIG and Deloitte Collaborate to Help Companies Adopt Crypto


Bitcoin-dedicated fin. services provider NYDIG built a collaboration with top business consulting and services company Deloitte to help firms of various sizes to include digital currencies in their operations. The two companies will work on different BTC products such as banking, consumer loyalty...

Bitfarms Bitcoin mining

Mining Company Bitfarms Sold Half of Its Bitcoins


BTC mining company Bitfarms sold half of its Bitcoin holdings, which is 3,000 coins in the past week for around $62 M to reduce debt as the decline in the BTC price has had a negative impact on the business. The team wrote that it now holds around 3,349 Bitcoins, and daily BTC production of about...

Elon Musk about crypto

Elon Musk Mentioned He Had Never Said People Should Buy Crypto


At the Qatar Economic Forum, Tesla and SpaceX CEO Elon Musk noted that he had never said people should buy cryptocurrencies. To the question of what he thinks about the current crypto market conditions and whether he still finds people should invest in crypto, the businessman answered he hadn't...

crypto lending Solend

Solend Canceled the Decision to Take Control Over Whale's Account


Solend, a decentralized lending protocol based on the Solana blockchain, recently voted to take control over a whale's account to mitigate risks related to liquidation. The network said if SOL drops and the whale gets liquidated, the platform may end up in debt. However, the next proposal...

Bitcoin Ether prices

Bitcoin Bounces Back to $20,000, Ether to $1,100


Most cryptos increased in price in the last 24 hours. Bitcoin and Ethereum gained around 10% and 15%, surpassing $20,000 and $1,100 respectively. The total crypto market cap increased by about 9% and currently stands at above $894 billion. Before the rally, on June 19, Bitcoin dropped below $18,000...

Elon Musk Dogecoin

Elon Musk Said He Will Keep Supporting Dogecoin


Tesla and SpaceX CEO Elon Musk tweeted on June 19 that he will continue to support Dogecoin, which is the first and most popular meme coin. One of the users replied to the post saying "Keep buying it then," to which Musk answered "I am". I will keep supporting Dogecoin—...

FBI LinkedIn crypto scams

FBI Warns About Crypto Scams on LinkedIn


The US investigative agency warned about the presence of crypto scammers on the popular professional platform LinkedIn. During an interview with CNBC, FBI special agent Sean Ragan said crypto fraudsters on LinkedIn are an essential threat to user safety. He added that there are a lot of potential...

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