CoinShares: Cryptocurrency Funds Have Raised $15M
Despite the little interest from institutional investors in the crypto space over the past week, crypto funds have been able to raise $15 million over the past seven days.
KuCoin Says it Does Not Plan to Cut its Staff
KuCoin has recently announced that it does not intend to cut its workforce.
GameStop Releases an NFT Platform
US video game retailer GameStop announced at the beginning of the year it planned to launch its own NFT platform.
The Inflow of Funds into Bearish Bitcoin Funds Has Declined
The influx of funds into crypto-based investment products amounted to $15 million from July 2-8.
Crypto Miners Stop Their Activity in Texas Due to Peak in Electricity Demand
Cryptocurrency miners have shut down operations in Texas amid heatwave-driven peak electricity demand.
Crypto Exchange OKX Becomes Manchester City’s Sponsor
OKX has just announced a sponsorship agreement with Premier League football club Manchester City for the 2022-2023 season.
Mike Novogratz: Bitcoin Will Not Fall to $13K
Mike Novogratz, CEO of Galaxy Digital, said in mid-June that Bitcoin should hold around $20,000.
Hackers Stole $670 Million in Digital Assets in Q2 2022
Between April and June, there were 50 hacks that caused crypto platforms to lose more than $670 million.
Bank of England Will Not Develop a Digital Pound Based Digital Yuan’s Model
Bank of England Deputy Governor John Cunliffe has said the digital pound is likely to operate as a “merchant-grade” instrument based on a bank account.
The Bank of England Warns Against Risks Associated to Digital Currencies
The bank has said that cryptocurrencies pose threats to the stability of global and local financial systems.
Belgium Wants to Treat Cryptos as Securities
The authorities of Belgium plan to regulate digital currency transactions in line with securities law.
Binance May Be Blocked in Philippines for Conducting Illegal Advertising Campaigns
The Department of Trade and Industry of the country has been asked to investigate Binance for illegal sales promotion.
