Senate Considers Crypto Ad Regulation in Argentina
The senate of Argentina is currently debating a preliminary proposal that would regulate how individuals and organizations can promote crypto.
Two New Cryptofraud Cases
Two more instances of cryptocurrency-related fraud have been documented, and the scale of the problem is only growing.
Cosmos Check-In #6
Welcome to Flagship’s Cosmos Check-ins! Our goal is to provide you with up-to-date and in-depth news about the Cosmos Ecosystem in less than 7 minutes! So grab a coffee, and let’s dive in.
Over 222 Million 1Inch Tokens Unlocked Soon
On December 30th, over $111.5 million worth of 1INCH network tokens will become available for distribution, as indicated by the TokenUnlock calendar. About 15% of the total supply of 1INCH, or more than $111.5 million.
Argo Sells Largest Facility to Stay Afloat
With the proceeds from selling its Texas data center to Galaxy, bitcoin mining rigs will serve as collateral for a $35 million loan from Argo Blockchain.
Kraken leaves Japan again, citing "weak crypto market"
This cryptocurrency exchange has announced that as of January 31st, it will no longer be registered with the Financial Services Agency of Japan as an operator of a cryptocurrency exchange.
Crypto Investment Firm Midas Closure: Reasons and Pivot to CedeFi
In the spring of 2022, Midas DeFi portfolio suffered a cumulative loss of 50 million dollars (20% of $250 million AUM). After Celsius and FTX events, the platform experienced over 60% of AUM being withdrawn, creating a large asset deficit.
Pessimistic Donkey College, The First College Themed NFT Project Prepares For Launch
Pessimistic Donkey College, hopes to rally the bear market by introducing the NFT project that provides a new investment opportunity with a focus on long-term growth of an investor community.
27 Dec 2022
Daily crypto trading volumes drop below $10bn, last seen in 2020
Daily cryptocurrency trading volumes hit a new low not seen since 2020's holiday season. The last time trading volumes were below $10 billion was on December 17, 2020.
27 Dec 2022
LBank CEO Allen Wei Takes To Twitter To Address Cloud Service Provider Fud
A temporary outage of LBank’s trade platform in December sparked discussion among users about how exchanges should approach cloud hosting. LBank CEO Allen Wei addressed the issue during a Twitter Space AMA on December 26th.
27 Dec 2022
Japan Will List "Foreign" Stablecoins
Input is being sought by the Financial Services Agency regarding new stablecoin regulations that will go into effect in 2023.
27 Dec 2022
UAE AI Office collaborates with Chainalysis and ADCB to study blockchain technology in banking
To achieve the UAE Government's goal of creating a knowledge-based economy, adopting innovative technology is a top priority, according to Saqr Binghalib, Executive Director of the AI Office.
