Cryptocurrency Analysis and News Portal
The next stage of blockchain technology may not have whizz-bang of the crypto bull run, but, as real use cases are developed, it can revolutionize how enterprises are run, says EY's Paul Brody. Source
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The metaverse-building company is looking to leverage the digital ecosystem so big brands can expand their demographic footprint while increasing their revenue streams. Source
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France has to adopt a licensing regime for crypto service providers, the head of the country’s central bank has suggested. According to the executive, the need to tighten regulatory oversight stems from the “disorder” in the industry throughout the past year. Licensing Should Replace Registration for Crypto Firms in France, Governor
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The cryptocurrency ecosystem underwent a turbulent year in 2022. Criticism inside and outside of the crypto industry was fueled following the collapse of FTX, Celsius, Three Arrows Capital and the Terra ecosystem. A number of losses have been recorded from these events. Blockchain analytics firm Chainalysis released a report in December
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India proposed a draft on Monday to ensure due diligence and allow its online gaming industry to regulate itself.The government of India recently proposed a mechanism for self-regulation in the country’s online gaming industry. This development comes amid rising concerns over gaming addiction and disruptive patchy state laws. The newly-proposed online gaming
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Some miners have held onto the bitcoin they mined, opting instead to finance operations with debt and other capital, which works really well – until it doesn’t. Source
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The collapse of FTX Group may not yet be the end of its contagious spread, as clawback provisions could force business and investors to return billions of dollars paid in the months leading up to the crypto exchange's collapse, an insolvency attorney told Cointelegraph.In short, a clawback refers to money
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As US listing prospects improve, several US-listed Chinese tech players have halted their Hong Kong listing plans. A number of US-listed Chinese companies have reportedly suspended plans for a potential Hong Kong listing. According to The Information, these Chinese tech companies include agricultural tech giant Pinduoduo Inc (NASDAQ: PDD) and Full Truck Alliance Co
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The recent bankruptcy filing of Bitcoin (BTC) miner Core Scientific despite a $72M relief offer from creditors raised questions about the overall health of the bitcoin mining community amid a prolonged bear market. Turns out, the public bitcoin miners owe more than $4 billion in liabilities and require an immediate
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The US Securities and Exchange Commission (SEC) is increasing its scrutiny of audits of cryptocurrency companies and warning both investors and audit firms, WSJ reported. Source
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