crypto-wallet
Top StoriesDutch Central Bank Fines Binance 3.3 Million Euros
Top StoriesGlobal Crypto Rules Needed to Keep Markets Clean, Says UK Watchdog
Top StoriesSwiss FinTech Kashet Announces European Banking Heavyweight as Chairman
Top StoriesEU Agrees Rules to Tame ‘Wild West’ Crypto Market
Cryptoverse: Ether Holds Its Breath for the Lean, Mean ‘merge’
Date: June 28, 2022
By Gertrude Chavez-Dreyfuss (Reuters) – Investors in ether and its troubled twin stETH are nervously anticipating a crypto milestone: The merge. That’s the name for a major upgrade of the Ethereum blockchain network upon which many crypto projects are built, aimed at making it leaner, meaner and cleaner. It’s elusive. The merge was supposed to...
Bitcoin Miners Sell Their Holdings Amid Crypto Winter’s Chill
Date: June 27, 2022
By Lisa Pauline Mattackal and Medha Singh (Reuters) – Bitcoin miners have been forced to tap into their cryptocurrency stashes as a plunge in prices, rising energy costs and increased competition bite into profitability. The number of coins miners are sending to crypto exchanges has been steadily climbing since June 7, researchers at MacroHive noted,...
Crypto Fears Now Materialising, Central Bank Body Bis Says
Date: June 21, 2022
By Marc Jones LONDON (Reuters) – Recent implosions in the cryptocurrency markets indicate that long-warned-about dangers of decentralised digital money are now materialising, the Bank for International Settlements has said. The BIS, the global umbrella body for central banks, sounded the warning in an upcoming annual report, in which it also urged more effort in...
Crypto’s Latest Meltdown Leaves Punters Bruised and Bewildered
Date: June 21, 2022
By Tom Wilson, Elizabeth Howcroft, Nupur Anand and Ece Toksabay LONDON/MUMBAI/ANKARA (Reuters) – For Jeremy Fong, U.S. crypto lender Celsius was an ideal place to stash his digital currency holdings – and earn some spending money from its double-digit interest rates along the way. “I was probably earning $100 a week,” at sites like Celsius,...
Crypto Industry Fears Contagion as Bitcoin Slips Under $20,000
Date: June 20, 2022
By Alun John and Elizabeth Howcroft LONDON/HONG KONG (Reuters) – The cryptocurrency industry was on edge on Monday as bitcoin struggled to stay above a key level, with investors fearing that problems at major crypto players could unleash a wider market shakeout. Bitcoin, the world’s biggest cryptocurrency, was trading just under the symbolic level of...
Bitcoin Sinks to Fresh 18-month Low as Crypto Meltdown Deepens
Date: June 15, 2022
By Tom Wilson and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) -Bitcoin slumped on Wednesday to a new 18-month low, dragging smaller tokens down with it and deepening a market meltdown sparked by crypto lender Celsius this week freezing customer withdrawals. The world’s largest cryptocurrency fell as much as 7.8% to $20,079.72, its lowest since December 2020....