Top 10 Crypto News, 16th December

Top 10 Articles For The Day. Trending News That You May Have Missed Out On. We Find The News So You Don't Have To!

Himanshu S.

1:10 16th Dec, 2022

NFTs

Donald Trump Just Announced A Trading Card NFT Collection

Donald Trump, the 45th President of the United States, released his first collection of non-fungible tokens (NFTs). The collection, called “Trump Cards,” is available exclusively on the website CollectTrumpCards.com.

New York Financial Regulator Issues Crypto Guidance For Banks

The New York State Department of Financial Services (NYDFS) on Thursday issued digital asset guidance to state-regulated banks laying out what information financial institutions must submit before getting approval to engage in virtual currency-related activities.

Hong Kong Bitcoin, Ether Crypto ETFs Raise $79M In Shadow Of FTX Crisis

A pair of Hong Kong exchange-traded funds investing in Bitcoin and Ether futures raised $79 million as the city pushes ahead with a plan to become a crypto hub even as the sector globally reels from the FTX collapse.

Amber Group Acquires Singapore Crypto Exchange Sparrow

Amber's move is surprising as the firm faces questions about its financial health. In recent months it has undertaken significant cost-cutting efforts, including layoffs and a retreat from overseas operations in regions such as the UK and U.S.

SEC Doubles Down On Decision To Reject Grayscale Spot ETF

US regulator reiterates position that bitcoin futures funds are safer than proposed spot bitcoin funds would be.

Magic Eden Bolsters Gaming Support By Adding Polygon NFT Minting & Trading

Magic Eden, Solana’s biggest NFT platform, has added Polygon NFT minting and trading support.

Bankman-Fried Makes New Bail Application After Losing First Request

Former FTX CEO Sam Bankman-Fried has made a bail application before The Bahamas Supreme Court, a source familiar with the matter said on Thursday, after a magistrate judge on Tuesday rejected the former crypto mogul’s request for bail.

Microsoft Prohibits Crypto Mining On Online Services Without Permission

Microsoft updated its policy terms to specify it will not allow cryptocurrency mining on its online services without prior approval.

Binance Proof-Of-Reserves Auditor Mazars Pauses All Work For Crypto Clients

Mazars has deleted Binance's proof-of-reserves assessment, which found its bitcoin reserves were overcollateralized.

Bitcoin, Ethereum, OKB, & VeChain Daily Crypto Price Analysis

The performance of Bitcoin, Ethereum, and others shows that there has been no improvement. As the market continues to face problems, there is a continuing decline in its value.