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” Binance aims to become a super app with Splyt crypto partnership “ The world’s largest cryptocurrency exchange, Binance has partnered with Splyt, a “super app enabler,” to bring payment options to the Binance application. Payment options made for Splyt services include cryptocurrency. When live, the integration will allow Binance users to pay for ridehailing…
“Crypto crash continues as bitcoin briefly dips below $21K” The price of bitcoin briefly plummeted below the $21,000 threshold for the first time since December 2020 on Monday night as investors braced for a looming recession and reacted to difficulties at a major exchange. Bitcoin was staging a slight rally and was trading near $22,000…
” Consensus 2022: Web3, unpacking regulations, and optimism for crypto’s future “ “Everything is bigger in Texas” proved to be true during Consensus 2022. The crypto conference took place June 9–12 in Austin, Texas, this year, attracting 17,000 people from across the globe, despite the 100-degree plus weather. According to the event sponsors, Consensus 2018,…
” El Salvador ‘has not had any losses’ due to Bitcoin price dive, Finance Minister says “ Alejandro Zelaya, the Minister of inance of El Salvador, reacted to the recent media attacks on the nation’s strategy of investing in Bitcoin (BTC) by calling the allegations of fiscal risks “extremely superficial.” During a press conference held…
“Coinbase lays off 18% of workers, CEO warns of ‘crypto winter’” The CEO of Coinbase said Tuesday that he’s laying off more than 1,000 of the cryptocurrency exchange’s employees, warning of an impending recession and “crypto winter.” The news comes as cryptocurrency markets tank, with bitcoin dipping below $21,000 late Monday — its lowest level…
” Taxes of top concern behind Bitcoin salaries, Exodus CEO says “ Major cryptocurrency wallet provider Exodus continues paying its employees in Bitcoin (BTC) despite the ongoing bear market, with the total market cap dropping below $1 trillion on Monday. Since launching its software crypto wallet back in 2015, Exodus has been paying its staff…
” BTC price crashes to $20.8K as ‘deadly’ candles liquidate $1.2 billion “ Bitcoin (BTC) came within $1,000 of its previous cycle all-time highs on June 14 as liquidations mounted across crypto markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin price hits 18-month lows Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $20,816,…
” NYC Mayor Eric Adams speaks out against PoW mining ban legislation “ New York City’s Mayor Eric Adams spoke out on Monday, June 13, against a bill just one step away from effectively banning Bitcoin mining in the state for the next two years. The bill is designed to place a two-year moratorium on…
” Binance Australia CEO: regulations will establish higher standards in crypto “ As the struggle for regulatory clarity down under rages on, Binance Australia’s CEO Leigh Travers thinks that such a framework will prove the crypto industry “holds itself to a higher standard” than many believe. Travers spoke with Cointelegraph on June 14 about the…
” Ripple counsel slams SEC for trying to bulldoze and bankrupt crypto “ Ripple general counsel Stu Alderoty has slammed the United States Securities and Exchange Commission (SEC) for trying to “bully, bulldoze, and bankrupt” crypto innovation in the U.S. in the name of expanding its own regulatory territory. “By bringing enforcement actions–or threats of…