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BIZpaye (CRYPTO) News

FTX Voyager bid

Crypto Exchange FTX Wins the Auction to Buy Voyager's Assets


FTX US won the bid to acquire the bankrupt Voyager’s digital assets. An announcement by the crypto lending company says the auction included lots of participants and took 2 weeks of multiple rounds. As a result, FTX US offered the highest and the best bid. FTX US's bid was valued at around $1.422...

Australia crypto adoption

1 M Australians Have Plans to Buy Crypto Over the Next 12 Months


Annual crypto survey by the Australian crypto exchange Swyftx reveals that despite the Crypto Winter, Australian crypto ownership increased by 4% year on year. In 2021, 17% of the survey participants owned crypto, while this year this metric reached 21%. Results show that Australians have long-term...

Kraken crypto exchange SEC

Kraken’s Incoming CEO Has No Plans to Register With the SEC


Crypto exchange Kraken's newly appointed CEO Dave Ripley said he has no intentions to register with the US Securities and Exchange Commission because Kraken doesn't offer users to trade securities. According to Reuters, the executive added that there are no plans to delist any securities that the...

CFTC DAO crypto

CFTC Sues a DAO for the First Time


The US derivatives markets regulator CFTC (Commodity and Futures Trading Commission) filed a lawsuit against the Decentralized Autonomous Organization bZeroX and its founders Tom Bean and Kyle Kistner. CFTC claims that the DAO has facilitated margined and leveraged retail commodity transactions,...

VARUS crypto

Ukrainian Supermarket Chain VARUS to Accept Crypto Payments


Ukraine-based supermarket chain VARUS partners with Binance to allow crypto payments through Binance Pay technology. According to an announcement by Binance, customers can make instant crypto transactions in the capital Kyiv and 8 other Ukrainian cities. VARUS is one of the largest stores in...

UK FCA crypto news

UK Financial Regulator Warns Against Crypto Exchange FTX


The Financial Conduct Authority issued a warning against the crypto exchange FTX saying the company offers services or products in the UK without having permission. According to the official statement, almost all firms and individuals offering, promoting, or selling financial services and products...

China crypto adoption

China Is Among the Top 10 Countries by BTC Usage Despite the Ban


According to the 2022 global crypto adoption report by the blockchain data platform Chainalysis, crypto adoption slows worldwide in a bear market. However, it is still above the pre-bull market levels. Growing constantly since mid-2019, this year the total crypto adoption has leveled off. Based on...

Robert Kiyosaki cryptocurrencies

Kiyosaki Says It's Time to Get Into Crypto Before Markets Crash


Robert Kiyosaki, the author of "Rich Dad Poor Dad," says it’s the time to join the crypto space as the biggest economic crash in history is expected. He told “Rich Dad Community” mailing list subscribers that we're going to see a catastrophic market collapse, and we need to buy...

Huobi privacy coins

Huobi Global Is Delisting Monero (XMR) and Other Privacy Coins


Crypto exchange platform Huobi revealed it will remove seven privacy-focused cryptos next week. The decision is connected with the recent regulations and raised concerns about the assets. Huobi released an announcement that says they strictly comply with the regulations of every jurisdiction. The...

Algorand Hodlnaut crypto

Algorand Foundation Announced an Exposure to Hodlnaut


Algorand Foundation, the organization standing behind the development of the Algorand blockchain protocol revealed having a $35 M USDC exposure to the cryptocurrency lending and borrowing platform Hodlnaut. In early August, Hodlnaut suspended withdrawals. In a publication, Algorand informed that...

Gary Gensler crypto news

Digital Asset Intermediaries Must Register with the SEC: Gensler


The US Securities and Exchange Commission’s Chair says operators that implement transactions with crypto assets need to register with regulators similar to other markets. Gary Gensler finds that these operators execute various services supervised by the SEC, like exchange, brokerage, custodian,...

Voyager auction

Voyager Digital Is Going to Auction Assets Next Week


Bankrupt cryptocurrency lender Voyager Digital announced they are going to auction off the rest of the assets on Sept. 13 amid the implementation of the restructuring plan. Voyager filed for bankruptcy in July. In a hearing presentation, the company said lots of bids were submitted. At the end of...

Three Arrows Capital Crypto

Bankrupt Hedge Fund 3AC Withdraws $45 M from Curve and Convex


Cryptocurrency hedge fund Three Arrows Capital withdrew $45 M from deposits it staked on DeFi platforms Curve, and Convex earlier. According to the blockchain analytics platform Nansen, a wallet that belongs to the company removed around 20,945 staked Eth worth around $33.3 M from Curve. Also, the...

KPMG blockchain crypto

Crypto Will Continue to See Decline in Investments: KPMG


International audit, tax, and advisory services provider KPMG predicts a slowdown in crypto investments for the next months of 2022. According to a report on the performance of fintech companies in the first half of 2022 by KPMG, the blockchain/crypto sector still sees big deals. KPMG mentioned...

Charles Hoskinson Ethereum Classic

Charles Hoskinson Says Ethereum Classic Is a Dead Project


Charles Hoskinson, a co-founder of the Cardano blockchain protocol, finds that Ethereum Classic is a dead project. He shared this opinion while responding to a user tweet on the rejection of his recent proposal to make changes to the ETC's treasury fund. The Cardano executive recommended changing...

crypto mining Armenia

Armenia Might Become the Next Bitcoin Mining Hub


Armenia, a country at the crossroads between Europe and Asia increases its Bitcoin mining capacity. Recently, the digital platform ECOS revealed adding 60 megawatts of capacity to its mining facility running from 2018. Processing at one of the hydroelectric plants on the Hrazdan river, the mining...

Australia Police Crypto

Australian State Police Establishes a Crypto Unit


Australian law enforcement is working to increase crypto expertise and monitor transactions by forming a dedicated police group. According to the Australian Financial Review, the Australian Federal Police (AFP) reached its aiml to raise $600 M from illicit money transfers. This is despite the...

UK regulations sanctions

UK Regulator Warns Crypto Exchanges to Report Sanction Breaches


New rules by the UK Office of Financial Sanctions Implementation (OFSI) of Her Majesty’s Treasury define that crypto exchanges should report and freeze accounts suspected of avoiding Russian sanctions or potentially facing criminal charges. The announcement by the financial authority says payment...