Category: market

Crypto Businessman Disappears as ‘First Greek Cryptocurrency’ Collapses

Crypto Businessman Disappears as ‘First Greek Cryptocurrency’ Collapses

The man who was at the helm of the company behind what’s become known as Greece’s first cryptocurrency has allegedly caused the coin’s price to sink as he disappeared this month. The executive was off the radar for about two weeks before finally telling the press he will soon return, rejecting accusations he has crashed […]

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Russian Government to Track Crypto Transactions With Help From Anti-Drug Organization

Russian Government to Track Crypto Transactions With Help From Anti-Drug Organization

Russian institutions have responded to a call from а public movement for joint efforts to identify cryptocurrency transfers related to drug trade. The anti-drug organization, Stopnarkotik, recently asked the interior ministry and the central bank to investigate alleged connections between U.S.-sanctioned crypto exchange Suex and a darknet market operating in the region. Russian Authorities Respond […]

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Bakkt Experiences Surge in Shares After Mastercard & Fiserv Partnership

Bakkt Experiences Surge in Shares After Mastercard & Fiserv Partnership

The share price of cryptocurrency services company Bakkt (BKKT) skyrocketed after it has been revealed that Bakkt formed partnerships with two prominent payments firms — Mastercard and Bakkt. BKKT went bullish right after the Mastercard partnership announcement on October 25, rallying by over 50% outside of regular trading hours from Friday before soaring again by […]

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FTX US Launches NFT Market — Users Can Trade and Mint Solana NFTs, ETH Support on the Way

FTX US Launches NFT Market — Users Can Trade and Mint Solana NFTs, ETH Support on the Way

On Monday, FTX US announced the launch of its marketplace for non-fungible token (NFT) assets. FTX explained that the marketplace will feature Solana-based NFTs but support for Ethereum-based NFTs is coming in the near future. FTX US Reveals New Solana NFT Market, Plans to Support Ethereum in the Near Future West Realm Shires Services Inc., […]

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Tehran Stock Exchange Head Resigns Over Mining Rigs Found at Organization’s Office

Tehran Stock Exchange Head Resigns Over Mining Rigs Found at Organization’s Office

The director of Tehran’s Stock Exchange has resigned from his post following the discovery of cryptocurrency mining rigs in his organization’s basement. The scandal has erupted as licensed crypto miners in Iran are reportedly resuming operations amid fears of new restrictions in the winter. Iran Stock Exchange CEO Loses Job for Illegal Crypto Mining Under […]

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Crypto Market Summary: Sep 27 – Oct 3

Crypto Market Summary: Sep 27 – Oct 3

Last Week Recap China’s last week announcement to treat all cryptocurrencies transactions as illegal did little to dampen the cryptocurrency market. Quality projects like ETH, LINK and ADA recovered. In our view, the years of Chinese rhetorics against cryptocurrencies have already been baked into investors and traders risk assessment. Last week’s announcement seems to be the final […]

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