Matthew Long has held a raft of positions tackling economic crime and illicit finance.
The post UK regulator appoints new digital assets director to oversee crypto appeared first on The Block.
The UK’s central bank called for regulatory clarity on crypto and reiterated its expectations for stablecoins in its latest financial stability report.
The post Bank of England calls for ‘enhanced’ crypto regulatory framework appeared first on The Block.
NFT marketplace trading volume fell 94% between January and June this year.
The post June NFT data wrap: bear market seeps into the metaverse appeared first on The Block.
Nexo has signed an indicative term sheet with rival crypto lender Vauld and plans to acquire the struggling firm.
The post Nexo starts process to potentially acquire troubled crypto lender Vauld appeared first on The Block.
The European crypto lending platform has limited customers to maximum withdrawal limit of $5,000 per 24-hour period.
The post Crypto lender CoinLoan lowers withdrawal limit citing market conditions appeared first on The Block.
Celsius Network pulled its bitcoin liquidation price below $5,000 by repaying a total sum of $120 million to Maker today.
The post Celsius repays $120 million stablecoin debt to Maker protocol appeared first on The Block.
Quick Take
- “Web 5”, a newly coined concept by Jack Dorsey’s TBD unit, was recently announced on Twitter
- Web 5 promises to return ownership of users’ personal data back to the users, which should allow them the choice of service providers
- The purpose of doing so is to build an Internet for trust minimized applications and to reduce the power that existing service providers have over users’ personal data today
- This is possible with the use of cryptography, decentralized identifiers, and verifiable credentials
- While TBD has proposed certain novel applications, such as tbDEX, there is still no evidence to suggest that such a concept will eventually acquire significant user adoption
Shares in the beleaguered crypto company opened lower on Monday following the holiday weekend in Canada.
The post Voyager Digital shares drop 34% as crypto platform limits services appeared first on The Block.
Singapore’s crypto crackdown may move towards limiting retail participation and reducing leverage limits for margin trading.
The post Singapore regulators mulling more restrictive crypto policies appeared first on The Block.
One anonymous hacker is claiming to sell the stolen information in exchange for 10 bitcoin, worth $200,000.
The post Hacker asks for 10 bitcoin for allegedly stolen data of a billion Chinese citizens appeared first on The Block.
