Blockbeat

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

Bitcoin still below $20k after June sees biggest monthly loss since 2011

July 4, 2022

The weekend saw Bitcoin once again drop below $19k, before recovering slightly to more than $19.4k this morning.
Army’s YouTube and Twitter accounts hacked by ‘Elon Musk Bitcoin scammers’

July 4, 2022

The British Army has confirmed some of its social media channels were compromised over the weekend by crypto scammers.
Vasil – the most significant Cardano update since smart contracts – is successfully launched

July 4, 2022

Blockchain platform Cardano has successfully completed the first stage in its highly significant Vasil update.
Charles Hoskinson: ‘We’re focused on transaction volume – and it’s looking incredibly positive’

July 1, 2022

Speaking to the Crypto AM magazine, Cardano’s creator discusses growth, expectation and fulfilling long-term potential
Cryptoqueen victims welcome FBI Most Wanted listing

July 1, 2022

Victims of the OneCoin crypto scam have welcomed the FBI's decision to place its mastermind - Ruja Ignatova - on its 'Most Wanted' list.
EU decides on ground-breaking regulation for crypto assets

July 1, 2022

The European Union agreed on landmark regulation for cryptocurrencies in what could be the world’s first regulatory framework for crypto. EU lawmakers, member states, and the European Commission reached a historic deal on crypto rules Thursday that will apply to crypto-assets, crypto-assets issuers and crypto-asset service providers. The pioneering law, known as Markets in Crypto-Assets, [...]
The knives are out as Bitcoin suffers its most painful month

July 1, 2022

The crypto world will emerge leaner, stronger and better as we move into the next phase of adoption and development, says Jason Deane.
FATF tells countries to quickly implement its Travel Rule to detect suspicious crypto activity

June 30, 2022

The Financial Action Task Force told countries to speed up with implementing its Travel Rule for crypto, a key requirement to comply with sanctions obligations and to detect suspicious transactions. The global watchdog found that most jurisdictions have not applied its anti-money laundering and counter-terrorist financing standards to virtual assets and virtual asset service providers. [...]
Bitcoin falls below $20,000 as it moves towards biggest quarterly drop since 2011

June 30, 2022

Bitcoin plunged below $20,000 today as it hurtles towards its biggest quarterly drop in more than a decade. The world’s biggest cryptocurrency plummeted 4.35% to about $19,160 and is down 58% in the second quarter of 2022. It tumbled around 68% in the third quarter of 2011 during its very early stages when its price [...]
Crypto sector must be less combative with regulators

June 30, 2022

Nigel Green doesn't always agree with regulators, but he says the approach of crypto companies should be collaborative, not combative.