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Cryptocurrency News

Location American Cryptocurrency News for 1 October 2022
Crypto is Thriving Through Offshore Corporate Structures Marc Piano, Senior Associate at global offshore law firm Harneys, is a member of the Investment Funds, Corporate, and Banking & Finance teams in the Cayman Islands office. Phil Graham, Partner at Harneys, is global head ...
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US Lawmakers Introduce Bill Allowing Crypto Investments in 401(k) Retirement Plans Several U.S. lawmakers have introduced the Retirement Savings Modernization Act to provide 401(k) retirement savers access to a wide range of investments, including crypto assets. “With inflation at record highs, a sto...
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US State Issues Order Freezing Crypto at Exchanges in Pig Butchering Scam Crackdown The Delaware Department of Justice’s Investor Protection Unit has issued a cease and desist order against 23 entities and individuals involved in a popular cryptocurrency scam known as “pig butchering.” The order a...
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Basel Study Shows World's Largest Banks Are Exposed to $9 Billion in Crypto Assets A first-of-its-kind study published by the Basel Committee on Banking Supervision details that the world’s largest financial institutions are exposed to roughly €9.4 billion (US$9 billion) in crypto assets. The resea...
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Russia to Supply Electricity to Kazakhstan's Cryptocurrency Miners Russia is preparing to provide Kazakhstan with additional energy needed to operate crypto mining farms in the Central Asian nation. New arrangements will allow Kazakhstan’s miners to buy electricity directly from the R...
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Solana Price Plunges as Blockchain Suffers Outage Again Solana's price has taken a hit amid another major outage that has grinded the network activity to a halt. Crypto pundit and host of NFT Alpha show, Nick Valdez first brought the development to public attention on Twitter...
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Solana Network Suffers Another Outage -- Cyber Capital Founder Says Downtime Is 'Another Consequence of Bad Design' The proof-of-stake (PoS) blockchain network Solana suffered another outage on September 30 and the network restart did not take effect until six hours later on October 1. Solana has suffered a myriad of network outages d...
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XRP Price Forms Bullish Pattern - Time to Buy?

Crypto News - 1 Oct 2022 17:51
XRP Price Forms Bullish Pattern - Time to Buy? XRP continues to trade choppy amid the SEC vs. Ripple battle, but XRP price forms a bullish pattern, which may signal an upward movement. In the midst of Ripple's $1.3 billion lawsuit against the SEC, a court has ordered...
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Putin gives Snowden citizenship, Interpol elicits help in Do Kwon search and FTX US buys Voyager: Hodler's Digest, Sept. 25-Oct. 1 The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more -- one week on Cointelegraph in one link!
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Despite the Crypto Market Downturn, DAO Treasuries Grew by $700 Million Since January Since January 2022, the entire crypto economy has shed $1.36 trillion in value, as the market capitalization dropped from $2.34 trillion to today’s $979 billion. While the crypto economy is down in value, trade volumes...
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Biggest Movers: QNT Nears 6-Month High, DOGE Extends Recent Gains Quant moved close to a six-month high on Saturday, as the token remained in the green for a second consecutive session. The rally comes as prices are now up by over 25% in the last seven days. Dogecoin was also in the gr...
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Bitcoin, Ethereum Technical Analysis: BTC Begins the Weekend in Bearish Territory After a move above $20,000 on Friday, bitcoin was back in the red on Saturday, as prices fell close to a key support point. As a result of this move the token has been largely unchanged in the last week, with price up 0....
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What is the economic impact of cryptocurrencies?

Coin Telegraph - 1 Oct 2022 14:00
What is the economic impact of cryptocurrencies? Cryptocurrencies spur financial inclusion, protect against inflation and enhance the global economy despite the recession.
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Spanish Soccer League Laliga Partners With Globant to Support New Web3 and Metaverse Initiatives Laliga, the premier soccer league organization in Spain, has announced a partnership with Globant, an Argentine software giant, to bring Web3 and metaverse experiences to its fans. The partnership will combine Globant’...
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Net Bitcoin ATMs growth drops globally for the first time ever Data on net changes of crypto ATM installations confirm that, in September, 796 crypto ATMs were pulled off from the global network.
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Report: Uniswap Seeks to Raise $200 Million in Fresh Capital at $1 Billion Valuation The largest decentralized exchange (dex) platform by global trade volume, Uniswap, is looking to raise between $100 and $200 million, according to a report citing people familiar with the company. The funding round is cu...
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Latest EU Sanctions to Restrict Russians' Access to Crypto Services in Europe, Report Unveils New sanctions discussed by EU member states amid the current escalation of the conflict in Ukraine are going to restrict European crypto services for Russians. Reports about the tightening have come after earlier this ye...
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Binance Officially Launches Crypto Exchange in New Zealand Following Regulatory Approval Binance has officially launched a cryptocurrency exchange in New Zealand after successfully registering with the country’s financial regulator. “We see significant value in having a serious New Zealand presence,” s...
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Microstrategy Is Seeking a Full-Time Lightning Network Engineer to Build a SaaS Platform The mobile software, cloud-based services, and business intelligence (BI) firm Microstrategy is seeking a full-time Lightning Network software engineer, according to a job listing published this week. The developer, if h...
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