CryptoClan (ENG)

2022-02-02 12:24:02 Hong Kong Restricts Trading of Crypto ETFs to ‘Professional Investors’ Only

The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) said their motive is based on protecting investors due to “risks associated with investing in virtual assets,” according to a joint circular on Friday. Open / Comment

2022-02-02 09:23:01 Cryptocurrency exchange FTX hits $32 billion valuation despite bear market fears

Cryptocurrency exchange FTX saw its valuation swell to $32 billion in a new funding round announced Monday, highlighting continued appetite for the sector even as investors grow wary about a sharp pullback in crypto prices. Open / Comment

2022-02-01 21:12:01 Thailand removes plans to tax Bitcoin and crypto transactions

This decision came after Thai authorities received pushback from traders in one of south-east Asia’s biggest markets for digital currencies. Open / Comment

2022-02-01 18:23:02 Shiba Inu coin announces its own metaverse — welcome to the Shiberse

Shiba Inu coin - a cryptocurrency based on the Shiba Inu dog meme - is creating its own metaverse called the Shiberse.

The news: The official Shib coin Twitter account tweeted the announcement Monday, saying that there will be a new, immersive space for Shiba fans. Why it matters: "This announcement has excited the Shiba Inu community and brought a ray of hope amid the market downturn. Open / Comment

2022-02-01 15:12:02 Deutsche Börse Reports a 922% Surge in Demand for Crypto Products

Deutsche Börse today published its ETF and ETP statistics for 2021 and reported a substantial jump in investor demand related to crypto products and inflation-linked bonds. Crypto exchange-traded notes saw a monumental rise in average monthly trading turnover as the figure climbed to over €1 billion, which is 922% higher compared to €103 million in 2020. Open / Comment

2022-02-01 13:01:01 12 Decentralized Exchanges Set To Launch On The Cardano Network

Following the launch of smart contracts on Cardano five months ago, the network seems all set to achieve more feats in the coming months.

Aside from the several smart contracts being deployed on Cardano, the blockchain is gradually becoming a home for decentralized exchanges (DEXs). Open / Comment

2022-02-01 11:27:48 Binance resticts hundreds of Nigerian accounts in line with money laundering rules

Binance Holdings, one of the world's biggest crypto exchanges, said it restricted the personal accounts of some Nigerian users to comply with anti-money laundering regulations and ensure the security of the platform for traders.

"Some 281 Nigerian accounts have been affected by these personal account restrictions, with approximately 38% of these cases restricted at the request of international law enforcement," it said. Open / Comment

2022-01-31 19:23:02 Bitcoin and Ethereum remain in early adoption days, with increasing demand vs. declining supply and related price implications. Open / Comment

2022-01-31 16:45:23 Bulgaria's Seized 200K Bitcoins Now Valued At $7.4B Goes Missing

The mystery surrounding the fate of Bulgaria's 200k bitcoins that were captured as part of a cybercrime investigation continued to baffle the global crypto community.

For the record in May 2017, the Southeast European Law Enforcement Center SELEC revealed that the Bulgarian authorities had seized a total of 213,519 bitcoins in a crackdown on an alleged customs fraud scam. Open / Comment

2022-01-31 13:11:02 Bitcoin miners believe global hash rate to grow ‘aggressively’

Bitcoin (BTC) seems to be on everyone’s mind lately as the world recently witnessed the price of BTC take a rather unexpected bearish turn this month. On January 21, 2022, Bitcoin reached six-month lows, sinking below $40,000 for the first time in months.

While some panicked, other industry experts pointed out that the Bitcoin network has become verifiably stronger than ever before. The growth of the Bitcoin network has become apparent, as hash rate figures for BTC continue to set new highs this month. For example, on Jan. 22. Open / Comment