Blockbeat

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

BAYC unveils ApeCoin with immediate listing on eToro

March 17, 2022

The company behind hugely popular NFT collection Bored Ape Yacht Club - Yuga Labs – has launched ApeCoin (APE) for use within the BAYC ecosystem.
Ukraine’s Zelensky legalises crypto as donations near $100m

March 17, 2022

Ukraine has legalised crypto with a bill signed by President Volodymyr Zelensky as digital asset donations pour into the conflict hit country.
Crypto markets up after US Federal Reserve raises interest rates

March 17, 2022

Bitcoin, the leading cryptocurrency, is currently changing hands at just below the $41k mark - up three per cent over the past 24 hours.
Crypto investors should be prepared to lose their money, say EU regulators

March 17, 2022

Investors risk losing all the money they invest in speculative crypto assets and should be wary of scams EU regulators warned in a joint statement.
‘Big tech’ staff leaving in droves to join blockchain and crypto firms

March 16, 2022

Crypto AM's Jonny Fry examines why big names like Amazon, Facebook, Apple, Google and Microsoft are losing staff to crypto projects.
HMRC contacts just 0.4 per cent of UK crypto holders about tax rules

March 16, 2022

HM Revenue & Customs contacted just 0.4 per cent of the estimated 2.3m crypto holders in the UK about owing tax on their investments.
Ex-Meta staff raise $200m for new crypto venture

March 16, 2022

Former Meta staffers have created a $1bn crypto startup from the ashes of Diem, the abortive stablecoin project shut down earlier this year.
Binance handed Dubai licence days after Bahrain green light

March 16, 2022

Binance has today been granted a Virtual Asset Licence to enable it to operate within Dubai’s ‘test-adapt-scale’ virtual asset market model as a base for expansion into the region.
HSBC dives into metaverse amid shutdown of bank branches

March 16, 2022

HSBC is swapping the physical world for virtual reality with plans to build a metaverse amid the closure of dozens of physical bank branches.
Bitcoin back above $40k as crypto correlation grows

March 16, 2022

The crypto markets are looking a little perkier today, with the price of Bitcoin (BTC), the world's largest cryptocurrency by market capitalisation, briefly breaking above the $41,000 mark.