Markets Updates | Crypto Briefing

Indian Law Enforcement Investigating WazirX Exchange

Markets Jun. 11, 2021

India’s Directorate of Enforcement has issued show-cause notices to the directors of the WazirX exchange alleging unreported cryptocurrency transactions worth $3.8 billion and a lack of security checks to counter...
Cream Finance Logs $1.3M Bad Debt After SWAG Crash

Markets Jun. 11, 2021

Swag Finance’s SWAG token has plummeted this week, leaving Cream Finance with $1.3 million in bad debt. Cream Finance Writes Bad Debt Cream Finance has created $1.3 million in bad...
China Orders Bitcoin Mining Shutdown in Xinjiang

Markets Jun. 9, 2021

Changji’s autonomous government has ordered local authorities to shut down mining activities by Jun. 9 in the Xinjiang region of China. More Trouble for Bitcoin Miners in China Another area...
Bank of England Says Stablecoins Should Be Regulated

Markets Jun. 7, 2021

England’s central bank has published a paper titled “New forms of digital money” to assess the viability of a central bank digital currency and other issues surrounding cryptocurrencies. Bank of...
BSC Project Clones Uniswap V3 Despite License

Markets Jun. 7, 2021

Anonymous developers have launched a fork of Uniswap V3 on Binance Smart Chain, defying the business source license that restricts any use of the source code for two years. HolaSwap...
Bitcoin, Ethereum, DeFi Hit by Latest Musk Tweet

Markets Jun. 4, 2021

The cryptocurrency market slumped Friday morning after Elon Musk called an end to his love for Bitcoin. Elon Musk Shakes Bitcoin Price Bitcoin’s price dropped 7.6% from yesterday’s $39,250 closing...
India Says Banks Cannot Restrict Crypto Transactions

Markets May. 31, 2021

India’s central bank, the Reserve Bank of India (RBI), has resolved confusion around a letter that was sent to bank account holders. Indian Central Bank Clarifies Policy On Friday, two...
Bitcoin Closing in on Biggest Monthly Dip Since 2011

Markets May. 31, 2021

Bitcoin is down over 36% in May with hours left until the monthly closing. Ethereum has dipped 9% this month. Bitcoin’s Big Correction Bitcoin looks like it’s about to close...

Markets

Indian Law Enforcement Investigating WazirX Exchange

Cream Finance Logs $1.3M Bad Debt After SWAG Crash

China Orders Bitcoin Mining Shutdown in Xinjiang

Bank of England Says Stablecoins Should Be Regulated

BSC Project Clones Uniswap V3 Despite License

Bitcoin, Ethereum, DeFi Hit by Latest Musk Tweet

India Says Banks Cannot Restrict Crypto Transactions

Bitcoin Closing in on Biggest Monthly Dip Since 2011