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Top 10 Crypto News, 8th September
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!
Ankita K.
1:11 8th Sep, 2022

India's FM Nirmala Sitharaman Urges IMF To Take Lead On Crypto Regulation

The International Monetary Fund should also ensure a globally coordinated and synchronised approach on the regulation of cryptocurrencies, Sitharaman said.

GameStop Expands Its Crypto Strategy Amid A New Collaboration With FTX US

GameStop Corp. shares jumped after the video game retailer announced a partnership with cryptocurrency exchange FTX US, suggesting the company is making strides in its strategy shift to nonfungible tokens even after reporting a decline in sales and a wider loss in the quarter.

Ethereum Devs Encounters Certain Technical Issues After The Bellatrix Upgrade Deployment

Despite encountering a few unforeseen obstacles during its deployment, Bellatrix is now live on Ethereum. The Ethereum devs noted a big spike in missed block rate, which according to the devs, will be automatically debugged before the merge.

Fed Vice Chair Michael Barr Pushes Congress For Legislation On Stablecoins

“Congress should work expeditiously” to pass stablecoin legislation, according to one leader at the Federal Reserve. Vice Chair for Supervision Michael Barr addressed the issue of stablecoins in a speech on safety in the financial system.

BNB Chain Announces Zero-Knowledge Proof Scaling Technology

Binance’s layer 1 BNB Chain has announced the launch of its zero-knowledge proof scaling technology, zkBNB. BNB Chain claims zkBNB will enhance user experience and improve scalability metrics such as transactions per second.

Voyager Will Sell Off Assets At An Auction

A court document filed Tuesday showed the auction will take place on Sept. 13 at 10 am ET at the New York office of Voyager’s investment banker Moelis & Company. The results will be announced at a court hearing on Sept. 29 at 2 pm ET. Holding an auction implies that Voyager received more than one substantial bid for its assets.

Crypto Exchange Woo Network Secures AML Approval In Taiwan

Woo Network’s anti-money laundering (AML) nod means it can look for a banking partner in Taiwan to enable crypto-to-fiat trading. The platform is the first foreign exchange to receive AML recognition from Taiwan’s authorities.

Canadian Crypto Exchange Coinberry Files Lawsuit Against 50 Users After Losing 120 BTC

Canadian cryptocurrency exchange Coinberry has filed a lawsuit against 50 users who collectively withdrew 120 bitcoins following a software error in 2020. According to a court filing cited by Financial Post, users were able to siphon off the bitcoin with Canadian dollars that had not yet been transferred to their accounts, following a bug with the Interac e-transfer function.

Investor Sues Upbit For Delaying Coin Transfers Prior To The Luna Crash

A cryptocurrency investor has reportedly sued South Korean crypto exchange Upbit after the trading platform delayed processing his luna coin transfer prior to its crash. The Korean crypto exchange is investigating the details of the lawsuit.

Bitcoin, Ethereum, Waves, & Stacks Daily Crypto Price Analysis

The crypto market has seen a bullish trend, adding 3.64%. The performance of Bitcoin has also improved as it has added 2.52% in 24 hours. The value of Ethereum has also enhanced as it gained 6.90% in a day. Waves and Stacks are bullish as they added 3.72% and 4.02%, respectively.

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