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Business

The crypto industry must do more to promote encryption, says Meltem Demirors

“I like to call myself a future, or aspiring, cult leader,” Meltem Demirors, chief strategy officer of CoinShares — a publicly listed investment firm managing

Cryptocurrencies

NEXO price drops 40% in three days on contagion fears from ‘insolvent’ crypto fund

The price of Nexo (NEXO) continued to fall on June 15 as crypto lending firms continue to be shaken by the falling cryptocurrency market. Meanwhile,

Business

Bill to ban digital assets as payment passed the first reading in the Russian parliament

A bill that had been introduced a week ago to the State Duma, the lower chamber of Russian Parliament, made a swift passing through first

Cryptocurrencies

Celsius reportedly seeks advice from lawyers on restructuring

Crypto lending platform Celsius Network (CEL) has onboarded restructuring lawyers from Akin Gump Strauss Hauer & Feld to find potential solutions to the firm’s financial

Cryptocurrencies

Tether aims to decrease commercial paper backing of USDT to zero

The major stablecoin company Tether is looking to eventually get rid of commercial paper backing for its U.S. dollar-based stablecoin Tether (USDT). Tether issued an

Bitcoin

Biggest Bitcoin exchange inflows since 2018 put potential $20K bottom at risk

Bitcoin (BTC) could be on the verge of a retail major sell-off as exchange inflows spike to almost three-and-a-half-year highs. Data from on-chain analytics platform

Business

Brazilian proposal would make crypto payments legal and protect private keys

A proposed addition to an existing Brazilian law would grant Brazilians the right to use cryptocurrency as a means of payment while protecting their private

Business

SEC boss worries crypto bill undermines financial protections

United States Securities and Exchange Commission (SEC) Chairman Gary Gensler said he’s worried that a proposed bill to create a regulatory framework for cryptocurrencies could

Bitcoin

Is the bottom in? Raoul Pal, Scaramucci load up, Novogratz and Hayes weigh in

Some of the highest-profile investors in crypto believe that a crypto market bottom is fast approaching and the timing is right to buy — although

Business

SEC reportedly launches investigation into insider trading on exchanges

The Securities and Exchange Commission (SEC) has reportedly launched a probe to discover how crypto exchanges are working to prevent insider trading. FOX Business reported