Cointelegraph By Jesse Coghlan
Francois Villeroy de Galhau, the Bank of France’s governor, has urged for more stringent licensing requirements for crypto companies in France, citing the current turmoil in the crypto markets.During a speech in Paris on Jan. 5, the central bank governor said France shouldn’t wait for upcoming EU crypto...
Fiat-to-crypto on-ramp solution provider Juno has urged its users to sell or self-custody the crypto on its platform citing “uncertainty” with its crypto custodian partner Wyre.In a Jan. 4 tweet, the platform explained it that it doesn't hold any of its customer's crypto, and relies on its “crypto...
Nonfungible token (NFT) marketplace Magic Eden has pledged to refund all users who were duped into purchasing fake NFTs on its website as a result of an exploit.In a Jan. 4 statement, the company said a bug in its newly deployed "activity indexer" for its Snappy Marketplace and...
On the back of the worst year for crypto hacks and exploits, the crypto community has given some advice to newbie investors going into 2023 — check your smart contract approvals and revoke access regularly. Reddit user 4cademy posted their advice to the r/CryptoCurrency subreddit on Jan. 1, noting that...
A former official of the People’s Bank of China (PBOC), the country’s central bank, has expressed disappointment that China’s digital yuan is seeing little use.Xie Ping, a former PBOC research director and current finance professor at Tsinghua University, made critical public comments about China’s central bank digital currency...
Cryptocurrency-related Exchange Traded Funds (ETFs) have taken the two top spots for the worst-performing ETFs in Australia for the year, with the same story playing out in the United States.BetaShares Crypto Innovators ETF (CRYP) and Cosmos Global Digital Miners Access ETF (DIGA) have provided investors down under with...
It's been a turbulent year for the cryptocurrency industry — market prices have taken a huge dip, crypto giants have collapsed and billions have been stolen in crypto exploits and hacks.It was not even halfway through October when Chainalysis declared 2022 to be the “biggest year ever for...
China’s wallet app for its digital yuan central bank digital currency (CBDC) introduced a feature for users to send money in an electronic version of traditional “red packets” to try to attract new users.The new feature was released over the weekend, around one month ahead of the Chinese...
Sam Bankman-Fried, the disgraced founder of cryptocurrency exchange FTX, borrowed over $546 million from the exchange’s sister firm Alameda Research to fund his purchase of Robinhood shares.Those same shares were later used by Bankman-Fried as collateral for a loan taken by Alameda from BlockFi, one of the entities...
The online community including some cryptocurrency figures has condemned the latest so-called “sympathy” article from The New York Times written about FTX founder Sam Bankman-Fried.In the Dec. 26 article published titled "In the Bahamas, a Lingering Sympathy for Sam Bankman-Fried," New York Times journalist Rob Copeland quotes local Bahamians...
