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Wednesday, August 17, 2022

Crypto

Judge Grants Ripple’s Video-Related Subpoena Requests, Galaxy Digital Calls Off BitGo Acquisition, Monero Upgrade + More News

Source: AdobeStock / MigrenArtGet your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________Legal newsCalifornia-based start-up Ripple’s request to serve the US Securities and Exchange Commission (SEC) two subpoenas to authenticate a number of videos has been granted, defense lawyer James K. Filan tweeted.

Kimchi Premium Trading Total Could Be Almost Twice as High as First Thought, Says Regulator

Source: AdobeStock / nungning20The sum total of illegal kimchi premium trading conducted via South Korean banks could be as high as USD 6.5 billion, regulators claim – and authorities in the nation say they are now investigating “all” domestic commercial banks over the matter.As previously reported, banks have landed in hot water over kimchi premium

Celsius Coin Report Reveals USD 2.8BN Crypto Shortfall

Source: AdobeStock / TimonA newly released report from the troubled crypto lender Celsius (CEL) shows that the company is short on its crypto obligations to customers by around USD 2.8bn.According to the report, Celsius has a net coin position of negative USD 2.845bn, split between coins such as bitcoin (BTC), ethereum (ETH), USD coin (USDC)

Bitcoin and Ethereum Correct Gains, Key Support Intact

Bitcoin price started a downside correction from the USD 25,000 resistance.Ethereum declined over 4%, XRP is dropping towards USD 0.355.SOL, ADA, and AVAX are down over 5%.Bitcoin price attempted another upside break above the USD 25,000 resistance but failed. BTC formed a short-term top and corrected lower below USD 24,500. It is currently (11:30 UTC)

What DeFi Offers Beyond Lending for Crypto Speculation

Source: Adobe/JustSuperDeFi advocates claim that his nascent industry will continue to grow and, ultimately, make good on its promises."By removing the need to rely on intermediaries, DeFi makes traditional banking services far more accessible."Leading DeFi protocols are now seeking exposure to real-world assets.DeFi "has passed the threshold of speculation and investment."____Decentralized finance (DeFi), which is

Why Celsius and Voyager Were More Like Uninsured, Quasi-Banks

William D. O'Connell, PhD Candidate, Political Science, the  University of Toronto.______There is a well-known saying shared by both crypto experts and skeptics: “Not your keys, not your coins.” The phrase, popularized by Bitcoin entrepreneur Andreas Antonopoulos, refers to how the contents of a crypto wallet are the property of whoever has access to that wallet’s

Recent Articles

A slow start? No problem for Mariners’ lineup

After first 16 batters get retired, Seattle's offense comes to life with 2 big rallies6:53 AM UTCANAHEIM -- Another game, another limited offensive showing early and another big breakthrough late. It was lather, rinse, repeat for the Mariners on Tuesday night at Angel Stadium in an 8-2 victory, one in which they again spoiled the

Yelich ends HR drought before Brewers walk off 

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White Extremists Have Found Their Guy for the Senate: Blake Masters

In Blake Masters, white extremists feel that they may soon have an ally in the Senate. The 36-year-old venture capitalist, who is the Republican nominee in Arizona’s key Senate race, has earned support from far-right figures by refusing to shy away from controversy throughout his campaign. He has claimed that “Black people” are to blame

Florida Court Rules 16-Year-Old Too Immature for an Abortion but Mature Enough to Raise a Child

If you’re a reasonable person living on planet Earth, there’s probably rarely been a day over the last several years in which conservatives haven’t made you want to scream. And unfortunately, today will not provide a reprieve from the madness.On Tuesday, NBC News reported that a Florida appeals court recently ruled that a 16-year-old with no

“Squid Game” Breakout Jung Ho-yeon’s Battle to Stay Grounded

Anyone who’s has tuned into Squid Game — Netflix’s most-watched show in history — known Jung Ho-yeon’s face.The Korean actress, who also goes by simply Hoyeon, played Kang Sae-byeok, a North Korean defector who enters the deadly games in order to win enough money to bring the rest of her family over the border and

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