Things are still not looking good for the second largest producer of Bitcoin (BTC) mining equipment, China-based Canaan (CAN), as it shares are searching for news lows after the debut on Nasdaq exchange on November 21, which made this the first mining company that went public on a major stock exchange. In a few weeks,…
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“Chinese Twitter” has recently suspended pages of major crypto personas, Tron’s Justin Sun and Binance’s Yi He. Tron (TRX) founder Justin Sun and Binance co-founder Yi He have had their Weibo accounts suspended. China’s major microblogging website, which is often referred as “Chinese Twitter,” has purportedly deleted the accounts of the two prominent crypto personas.…
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Richard Heart. Source: a video screenshot, Youtube, Richard Heart “Oh, it looks like a scam, I know that,” says Richard Heart, the founder of the controversial new cryptocurrency HEX. Speaking to Tone Vays’ Bitcoin Law Review podcast, he admits that, “if you don’t look into it, it looks like every other scam.” (Updated at 19:25…
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Global blockchain-based marketplace Proof of Impact closed its first funding round led by American asset management giant Franklin Templeton. Proof of Impact, a blockchain-based, global marketplace for natural and social capital has closed a funding round led by American asset management firm Franklin Templeton Investments. On Dec. 12, Proof of Impact announced that it closed…
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The president of the European Central Bank (ECB), Christine Lagarde, said that the financial institution should be ahead of the curve in regards to the demand of stablecoins. The president of the European Central Bank (ECB), Christine Lagarde, said that the financial institution should be ahead of the curve regarding the demand for stablecoins. According…
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Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news A global banking regulator says it will listen to input on a new cryptocurrency discussion paper. Per a press release shared with Cryptonews.com, the Basel Committee on Banking Read…
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Binance launches Latamex, a fiat-crypto platform for Latin American countries that will operate under the Binance Fiat Gateway. Binance, the leading global cryptocurrency exchange by trading volume and users, today announced the launch of its fiat gateway for Latin America. The announcement was made during laBitConf, a major crypto event for Latin America held in…
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Shopin, an American blockchain retail startup, appears to be going ahead with a token sale, despite the fact that it has been charged by the regulatory Securities and Exchange Commission (SEC), which has hit Shopin with a civil fraud wrap. The SEC says that Shopin duped investors in a 2017-2018 USD 42.5 million initial coin…
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The storm around an unnamed major South Korean cryptocurrency exchange is continuing to rage – with a senior politician allegedly involved, an ongoing assault/kidnapping case ongoing and now claims of artificially inflated trading volume figures. As previously reported, the head of a major exchange has recently been charged with assaulting one of his employees in…
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In the past few sessions, bitcoin price remained in a bearish zone and settled below the USD 7,350 and USD 7,250 support levels. BTC/USD even broke the USD 7,200 pivot area and it seems like it could attempt a break below the USD 7,000 support area. Moreover, there were bearish moves in most major altcoins,…
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