South Korea’s financial regulator ordered crypto exchanges to halt new crypto lending services as thousands of users suffered forced liquidations. Read More at https://cointelegraph.com/news/south-korea-crypto-lending-ban-guidelines?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
3D-printed housing company adopts Bitcoin, NFTs in blockchain pivot
Lib Work is dipping its toes into Bitcoin, a month after using NFTs for the first time to tokenize the designs of one of its 3D printed houses. Read More at https://cointelegraph.com/news/lib-work-japan-bitcoin-nft-3d-printed-housing?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto-based lender Figure Technology files to go public in US
Blockchain lending company Figure Technology has filed to go public on Nasdaq, days after announcing it had confidentially lodged its application with regulators. Read More at https://cointelegraph.com/news/figure-technology-files-nasdaq-ipo-in-us?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Faraday Future retreats 7% after sharing Q2 results, crypto plan
Despite the company posting a loss for the second quarter, the management remains optimistic for the second half of the year. Read More at https://cointelegraph.com/news/faraday-future-retreats-7-after-sharing-q2-results-crypto-plan?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin won’t be ‘priced in’ until Trump announces new Fed chair
While many eye a September rate cut, one economist said Bitcoin won’t be fully priced in until the US president announces Fed Chair Jerome Powell’s replacement. Read More at https://cointelegraph.com/news/bitcoin-price-factor-top-federal-reserve-chair-september-rate-cuts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin bull and billionaire files for $250M SPAC targeting DeFi, AI
Bitcoiner Chamath Palihapitiya filed documents to raise $250 million for American Exceptionalism, a prospective SPAC focused on the DeFi, AI, energy, and defense sectors. Read More at https://cointelegraph.com/news/billionaire-chamath-palihapitiya-files-250m-spac-targeting-defi-ai?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Texas judge backs Logan Paul’s bid to escape CryptoZoo lawsuit
A US judge says Logan Paul’s bid to toss a suit over the collapse of CryptoZoo should be allowed, but a class group should also get the chance to update their claims. Read More at https://cointelegraph.com/news/cryptozoo-buyers-not-tied-logal-paul-nft-project-collapse-judge?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Google increases TeraWulf stake to 14%, becoming largest shareholder
TeraWulf’s chief strategy officer, Kerri Langlais, says Google has become its largest shareholder, providing “powerful validation” from a leading tech giant. Read More at https://cointelegraph.com/news/google-largest-shareholder-terawulf-ai-data-center-fluidstack?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Illinois governor blasts Trump's ‘crypto bros’ in new bill signing
Illinois enacts first-in-Midwest crypto consumer protections, requiring exchange oversight and capping ATM fees at 18%. Read More at https://cointelegraph.com/news/illinois-governor-slams-trump-crypto-bros-signs-two-new-crypto-bills?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin at ‘mild danger zone’ as BTC investors eye profit-taking
Bitcoin may struggle to return to all-time high levels anytime soon, as most Bitcoin investors are in the green and could look to take profits, says Santiment. Read More at https://cointelegraph.com/news/bitcoin-price-danger-zone-consolidation-profit-takers-analysts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound