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South Korea plans to block domestic access to foreign cryptocurrency exchanges that lack the proper registration to operate in the country and could launch a probe into the companies.
More info: https://bloom.bg/3Aw4Uxp
Ontario-based crypto traders on Newton and other Canadian crypto platforms will be subject to an annual 30,000 CAD “net buy limit” on all cryptocurrency coins excluding Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH), and Litecoin (LTC).
More info: https://bit.ly/3dyqND3
The amount of ETH staked reached 13.29 million on August 16, which is nearly double compared to one year before, despite its price declining by 43% during the same period.
More info: https://bit.ly/3Au9FYj
SHIB holders had been steadily increasing over the past three months, reaching a peak of over 1.216 million unique addresses as of July 31, before collapsing in a two-day span that saw the digital asset lose 16,000 holders. The network has increased in tandem with the number of SHIB holders to 1.208 million as of August 17.
More info: https://bit.ly/3bYspWc
San Francisco-based exchange company Kraken‘s CEO Jesse Powell recently told Bloomberg that he was still bullish on Bitcoin and hoped to buy one Bugatti for one Bitcoin by the end of 2022.
More info: https://bit.ly/3Cd2m8v
New data has come to light that shows that Tornado Cash has so far received 74.7% of the total funds laundered on the Ethereum network, or up to 300,160 ETH, according to the 2022 Mid-Year Blockchain Security and AML Analysis Report by blockchain security firm SlowMist.
More info: https://bit.ly/3PvEgZN
Google parent company Alphabet poured the most amount of capital into the blockchain industry compared to any other public company, investing $1.5 billion between Sep. 2021 and Jun. 2022, a new report shows.
More info: https://bit.ly/3Pti6r4
Specifically, public miners sold 6,500 of their Bitcoin holdings in July, compared to around 14,600 the month before, when they were forced to sell off their BTC on a major scale to keep their operations going.
More info: https://bit.ly/3PwuuGC
Latin America’s large investment bank, BTG Pactual, has launched its crypto trading platform Mynt — launching on the same day as competing bank XP. BTG Pactual and XP join the likes of Nubank, which is already quite popular in the region.
More info: https://bit.ly/3pm41Rr
The Federal Reserve (Fed)'s governing board has unveiled guidelines that will standardize applications for “master accounts” from institutions “with novel charters,” including “cryptocurrency custody banks and their trade associations.”
More info: https://bit.ly/3JVyEXo
Brazilian fintech unicorn Nu Holdings added 5.7 million customers in the second quarter, bringing the number of people and businesses using its services to 65.3 million. Nu Holdings has its largest operation in Brazil, but it added almost 700,000 customers in Mexico and Colombia during the second quarter.
More info: https://bit.ly/3SWQ1eK
The Astana Financial Services Authority (AFSA) granted Binance Holdings Ltd. an in-principle approval to operate a digital asset trading facility and provide custody in the Astana International Financial Center (AIFC).
More info: https://bit.ly/3dx6qpM
Decentralized protocol Aave has banned the wallet address of Justin Sun, the founder and CEO of the Tron blockchain project, for unknowingly interacting with sanctioned Ethereum-based crypto mixer Tornado Cash.
More info: https://bit.ly/3pCXfHn
The network's Polkadot (DOT)-based stablecoin Acala Dollar aUSD lose its dollar peg and plunge by more than 99%. On Monday morning at 7:20 UTC, aUSD is trading at USD 0.00898, down by 9% over the past 24 hours and 99.1% in a week, according to CoinGecko.
More info: https://bit.ly/3C6iKaF
Monero, one of the most important privacy protocols in the ecosystem, executed a protocol update on August 13 to improve several privacy and security features offered by the network. The hard fork was successfully performed on block 2,688,888.
More info: https://bit.ly/3dvWtc2
According to the Shinsei Bank, new and existing customers can earn up to 8,000 Japanese Yen ($60) worth of XRP or Bitcoin for carrying out the stipulated services, and it will run from August 10 to October 31, 2022.
More info: https://bit.ly/3dsU3uX
76% of worldwide financial institutions want to utilize cryptocurrency over the next three years, provided that legislation permits it, according to the global study conducted by Ripple.
More info: https://bit.ly/3bTPGZy