EU Bans Crypto Services for Russians in New Sanctions Over Ukraine Escalation

An array of crypto-related services have been targeted in the latest round of sanctions on Russia approved by the EU. The measures are part of an expected tightening of the economic and financial restrictions in response to Moscow’s decision to annex Ukrainian territories. EU Council Adopts Full Ban on Crypto Wallet and Custody Services for … Read more

Web3 Gaming Company Metatheory Raises $24 Million With Backing From A16z, Pantera, and FTX

Metatheory, a Web3 gaming company founded in 2021, has announced it has raised $24 million in a Series A funding round. The investment round, which was led by big VC names in the crypto space like a16z, also had the participation of Pantera Capital and FTX Ventures. Kevin Lin, CEO of the company and co-founder … Read more

Exchanges Roundup: Pantera Fund Down 40%, Bittrex Delists Altcoins

In recent news pertaining to cryptocurrency exchanges, images circulating online show Pantera Capital’s Digital Asset Fund had a lifetime-to-date performance of minus 40% as of the end of August, Bittrex has announced the delisting of Bitshares, Bitcoin Gold, and Bitcoin Private, and Indian cryptocurrency exchange, Bitbns, has been accused of falsifying its trade volume. Also … Read more

Regulations Roundup: U.S. Govt. Pays $5.7 Million for Blockchain Analysis, Amit Bhardwaj’s Assets Seized

In recent regulatory news, a report published by Diar has found that U.S. government agencies have paid approximately $5.7 million USD to blockchain analysis contractors, India’s Enforcement Directorate has seized $5.9 Million worth of assets linked to the case of Amit Bhardwaj, and the Bank of International Settlements finds cryptocurrencies to “not, at this point, … Read more

Surveys: 1 in 4 Millennials Want to Invest in Crypto, 3% of China Already Has

In recent cryptocurrency surveys, a poll of 100,000 Chinese citizens has found that 3% have invested in cryptocurrencies, and a survey conducted by Circle has found that a quarter of millennials would like to invest in crypto assets in the next 12 months. In addition, a survey by UK-based Rathbone Investment Management has found that … Read more

Exchanges Round-Up: Circle Invest Adds Four Alts, Stockholm IT Announces Crypto Fund

In recent news pertaining to cryptocurrency exchanges, Circle Invest has added Eos, 0x, Stellar, and Qtum to its platform, Stockholm IT, a Frankfurt-listed company that has seen its share value drop over 99% since launch, has announced plans for a cryptocurrency fund, and Btse has launched its over-the-counter (OTC) trading platform. Also Read: Taiwanese Candidate Accepts … Read more

Mining Round-Up: New Bitfury Chip, Anti-Cryptojacking Botnet Discovered

In recent news pertaining to cryptocurrency mining, Bitfury has announced a “suite” of products powered by the company’s new mining chip, a botnet that hunts and destroys XMR mining malware has been discovered by security researchers, and Soluna has announced that it will commence the construction of its Moroccan wind farm in January. Also Read: Weiss … Read more

Regulations Round-Up: MAS Official Says Tokens Aren’t Securities, SEC on Bookkeeping Obligations

In recent regulatory news, an official representing the Monetary Authority of Singapore (MAS) has stated that no existing crypto tokens meet the regulator’s definition of a security offering; the chief accountant of the United States Securities and Exchange Commission (SEC) has emphasized the “fundamental” bookkeeping responsibilities of firms operating with cryptocurrencies; and the head of … Read more

Exchanges Round-Up: Palestinians Use Crypto to Transfer Offshore, LXDX Targets Retail Investors

In recent news pertaining to cryptocurrency exchanges, Palestinians are reportedly turning to crypto brokers to facilitate cross-border transactions, XBT Provider has revealed plans to launch an exchange-traded product that will track between 5-10 cryptocurrencies, and LXDX has announced that it will make its platform available to retail investors. Also Read: P2P Markets Report: Record Volume in … Read more

Exchanges Round-Up: Coinbase to Hire 130, EF Hutton Backs Acex Exchange

In cryptocurrency exchange news, Coinbase plans to hire 130 additional staff at its New York office by the end of 2019, a recently announced exchange which will be backed EF Hutton has declared that it will launch before January 2019, and Digifinex has announced that it will replace its USDT pairings for TUSD. Also Read: Growing … Read more