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Cryptocurrency

Bitcoin ‘tourists’ have been purged, only hodlers remain: Glassnode

100% Center coverage: 1 sources
Blockchain analytics firm Glassnode said June saw Bitcoin have one of its worst-performing months in 11 years. It added activity on the Bitcoin network is at levels concurrent with the deepest part of the bear market in 2018 and 2019. The number of addresses with a non-zero balance, those that hold at least some Bitcoin, continues to hit all-time-highs.See the Story

UK Government Seeks Views on DeFi Taxation

100% Center coverage: 2 sources
The government of the United Kingdom is asking the public for input on the taxation of crypto asset loans and staking in the context of Decentralized Finance (DeFi) DeFi is an umbrella term that refers to financial applications built on top of blockchain technology. Interested parties have until 31 August 2022 to submit their response via an email provided by the agency.See the Story

Voyager Seeks Bankruptcy Protection Amid Crypto Credit Crisis

100% Center coverage: 1 sources
Voyager Seeks Bankruptcy Protection Amid Crypto Credit Crisis. Argentina Runs to Stablecoins Amidst Political and Economic Uncertainty. Bitcoin Critic Peter Schiff’s Bank Account Closed Over Alleged Tax Evasion, Money Laundering. Singapore Considers Imposing New Restrictions on Crypto Trading.See the Story

High-ranking crime fighter to join UK’s FCA as payments and digital assets director By Cointelegraph

100% Center coverage: 2 sources
The Financial Conduct Authority (FCA) has recruited almost 500 additional staff members this year. Among the new hires are six directors, whose appointments were announced July 5. Two of them come from backgrounds in policing. The agency's new strategy seeks to be more innovative, assertive and adaptive.See the Story

Bitcoin price holds $20K, but analysts say ‘expect 6 months of sideways’ price action

100% Center coverage: 1 sources
BTC bulls are holding $20,000, but most traders are confident that the price will remain range-bound for at least six more months.See the Story
TikTok

NFTs to authenticate racing car parts: Nifty Newsletter, June 29–July 5

100% Center coverage: 1 sources
Binance taps TikTok star Khaby Lame to drive Web3 adoption. Vincenzo Sospiri Racing will use NFTs to authenticate car parts. NFT's will gradually appear on Facebook and other Meta-owned apps. An NFT licensing platform that aims to connect Bored Ape Yacht Club owners to brands has noted that hundreds have signed up.See the Story
Youtube

PennyWise crypto-stealing malware spreads through YouTube

100% Center coverage: 1 sources
A new strain of crypto-malware is being spread via YouTube, tricking users to download software. The malware is designed to steal data from 30 crypto wallets and crypto-browser extensions. Cyble said the attacker had as many as 80 videos on their YouTube channel as of June 30.See the Story

Voyager Files for Bankruptcy Citing Contagion in Crypto Markets, Three Arrows Capital's Loan Default – Featured Bitcoin News

Voyager Digital Ltd. (TSE: VOYG) announced Wednesday that it has filed for Chapter 11 bankruptcy. The company said it has between $1 billion and $10 billion in assets, and liabilities worth the same value. Voyager suffered huge losses from its exposure to Singapore-based crypto hedge fund Three Arrows Capital.See the Story

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