Crypto
Laos Suspends Electricity for Crypto Miners Amid Drought, Missed Payments
Laos experienced a severe drought in the first half of 2023, resulting in increased demand for electricity power.
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Crypto
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Crypto
Policy
South Korea Orders Crypto Exchanges to Maintain At Least $2.2M in Reserves
New guidelines require cryptocurrency exchanges to build a minimum reserve of $2.28 million starting in September.
Crypto
Crypto Market Cap Tumbles 11% in a Month but JPMorgan Sees ‘Limited Downside’
Crypto market cap fell by 11% to $1.09 trillion in the past month but JPMorgan analysts think the correction phase is almost over.
Crypto
Binance to Stop Offering Crypto Debit Cards in LATAM and ME
Binance said it will stop offering Binance Card in Latin America and the Middle East next month.
Crypto
Crypto Exchange Comes Up with Dubious Stablecoin to Refund Clients
Patricia's newly launched token has raised concerns regarding a potential exit scam.
DeFi
Atomic Wallet Sued by Russian Users Over $100M Hack and Lack of Action
50 investors who lost $12 million in Atomic Wallet exploit are suing the crypto wallet maker in a class-action lawsuit.
Policy
Thailand’s Parliament Picks Pro-Crypto Candidate to Be the New Prime Minister
Srettha Thavisin, a candidate who promised to conduct a national crypto airdrop will be the new Prime Minister of Thailand.
Crypto
Binance Pay Launches in Brazil Amid Growing Crypto Adoption
Binance launched Binance Pay in Brazil on Tuesday as South America's largest country continues to witness rapid crypto adoption.
Policy
China Charges Official With Life Imprisonment in Crypto Mining Case
China sentenced a former province-level official to life imprisonment for engaging in illegal crypto mining operations and power abuse.
Crypto
USDC to be Launched on Six New Blockchains as Coinbase Invests in Circle
Coinbase bought a minority equity stake in USDC issuer Circle.
DeFi
The Era of No KYC is All But Over For Crypto Exchanges
As exchanges fold under FATF pressure, only DeFi protocols remain.
Crypto
Digital Asset Investment Products Saw Outflows of $55M Last Week: Report
Crypto-related investment funds recorded $55 million in outflows last week amid the latest broader market downturn.
Crypto
Friend.Tech Climbs DeFi Charts But Has Some Massive Red Flags
Friend.Tech is ranked third for fees and revenue generated in the past 24 hours, but the newly launched platform faces multiple issues related to privacy.