Blockbeat

Get your daily update on all things crypto, blockchain and DeFi with City A.M's Blockbeat from Kaitlin Argeaux

Bitcoin price flat at $20k, but market optimism growing

July 6, 2022

The price of Bitcoin is broadly flat over the past 24 hours, with the leading cryptocurrency changing hands at about $20,200 this morning.
Crypto regulation overlooks sustainability issues

July 6, 2022

Discussions around crypto regulation gloss over the negative environmental impacts of crypto, with sustainability concerns overlooked, new research shows. Data from regulatory technology provider CUBE showed that just 0.1 per cent of crypto regulatory issuances in 2022 were focused on sustainability. The data does not take into consideration the EU’s MiCA regulation agreed last week. [...]
Cardano’s Duncan Coutts: We’ve got a lot of big impacts in the pipeline

July 5, 2022

Fresh back from paternity leave, Duncan Coutts, Chief Technical Architect for Cardano, tells Crypto AM about what's on the horizon.
Rainfall: On a mission to unlock financial value

July 5, 2022

From the Crypto AM magazine, Amit Pradhan explains the role of Rainfall in empowering mothers around the world.
Bank of England urges greater crypto regulation after crash to prevent financial stability risks

July 5, 2022

The Bank of England called for a strong regulatory regime for crypto after the recent crash to prevent financial stability risks in the UK. In its Financial Stability Report today, the Bank said the “extreme volatility” in crypto recently exposed several vulnerabilities in crypto markets and was similar to past volatility in traditional financial systems. [...]
Price of Bitcoin is up, but struggling to reach $20,000

July 5, 2022

The price of Bitcoin (BTC) is up over the past 24 hours this morning, but has struggled to convincingly break through the $20k mark.
After EU passes crypto rules, lawyers ask whether the UK will follow suit

July 4, 2022

The EU’s landmark Markets in Crypto-Assets (MiCA) regulation, decided last week, will be the world’s first regulatory framework for crypto and could serve as a “benchmark” for the UK’s own legislation, according to legal experts. The MiCA regulation, which will come into force at the end of 2023, will apply to crypto-asset issuers and service [...]
Crypto lender Vauld suspends trading and eyes potential restructuring amidst crypto rout

July 4, 2022

Crypto lending platform Vauld has suspended all trading, withdrawals, and deposits on its platform as it explores potential restructuring. The Singapore-based lender attributed this to “financial challenges” resulting from “a combination of circumstances such as volatile market conditions, the financial difficulties of our key business partners inevitably affecting us, and the current market climate.” “We have [...]
From Paris Hilton to Snoop Dogg: here are the most crypto-obsessed celebrities

July 4, 2022

Mark Cuban is officially the most crypto-obsessed celebrity, new research has revealed. American entrepreneur and TV personality Mark Cuban is the celebrity that talks about cryptocurrency and blockchain the most on Twitter, with a total of 124 crypto, blockchain and NFT related tweets. It’s NFTs that he shouts about the most, with 49 out of 124 tweets [...]
Crypto investment products’ AUM reach record low amid spot Bitcoin ETF push

July 4, 2022

Data from CryptoCompare shows that the price of Bitcoin kept on dropping throughout last week.