Crypto Policy Needs Global Collaboration, Says India's MOS Pankaj Chaudhary
"Crypto assets are by definition borderless and require international collaboration to prevent regulatory arbitrage. Therefore, any legislation on the subject can be effective only with significant international collaboration on evaluation of the risks and benefits and evolution of common taxonomy and standards," he said in the Lok Sabha.
World Cup Fan Tokens, NFTs See Heavy Volume After Argentine Victory
Argentina became the soccer world champion after beating France in the 2022 FIFA World Cup final in Qatar on Sunday. Immediately after the win, the Argentine Football Association (ARG) fan token spiked momentarily from $4.01 to a high of $5.02 within the hour.
Core Scientific To File For Bankruptcy, Continue Mining Through Process
Core Scientific (CORZ), one of the industry's largest bitcoin miners, plans to file for bankruptcy Wednesday morning in Texas.
Polygon Co-Founder Launches Web3 Startup Accelerator Beacon
Sandeep Nailwal, co-founder of Polygon and Symbolic Capital, has launched a web3 startup accelerator.
UK Advertising Regulator Bans Crypto .com, Turtle United NFT Promotions
The UK's advertising regulator has ruled against NFT promotions by Crypto.com and a project called Turtle United for failing to lay out the risks of investing in NFTs and not properly illustrating transaction fees.
Bankman-Fried Signs Extradition Papers In Bahamas, Report Says
The disgraced former CEO signed the papers to waive an extradition hearing from the Bahamas and will now be flown to the United States to face prosecution after the collapse of a company that was once valued at $32 billion, according to acting Commissioner of Corrections Doan Cleare.
Swyftx Crypto Exchange Exits $1B Merger Amid Regulatory Scrutiny
Swyftx, a crypto exchange based in Australia, has been forced to pull out of a planned 1.5 billion Australian dollar ($1 billion) merger deal with superannuation fund platform Superhero, the Australian Financial Review reported on Tuesday.
Uniswap To Allow Users To Buy Crypto Using Debit & Credit Cards
Users of the decentralized exchange will also be able to use bank transfers to purchase crypto.
Binance Joins U.S. Lobby Group's Executive Committee
Binance is joining the executive committee of the Chamber of Digital Commerce, a U.S. lobby group for the blockchain industry, as the world's biggest crypto exchange steps up its engagement with regulators.
Bitcoin, Ethereum, Algorand, & VeChain Daily Crypto Price Analysis
The latest data for Bitcoin, Ethereum, and others shows that the market has remained favorable to investors. As the influx of capital has continued uninterrupted, there has been an increase in investor gains.
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