Finblox raises withdrawal limit amid 3AC troubles
Starting July 1, the staking platform Finblox raised the withdrawal limit for verified users to $3,000 per day ($30,000 per month).Coverage of major events in the cryptocurrency industry.
Finblox raises withdrawal limit amid 3AC troubles
Starting July 1, the staking platform Finblox raised the withdrawal limit for verified users to $3,000 per day ($30,000 per month).
Russia blocks Bits.media, a crypto-news site.
On 30 June, the cryptocurrency news portal Bits.media became unavailable to users of most major Russian providers.
Reuters reports North Korea losses from crypto-market downturn
North Korea has lost “millions of dollars” stolen by hackers due to the downturn in the cryptocurrency market. This threatens funding for its weapons programmes, Reuters reports, citing sources.
CAR to establish a cryptocurrency hub and enter the metaverse
The authorities of the Central African Republic (CAR) will launch the Sango programme, which will help the country enter the cryptocurrency industry. This was stated by head of state Faustin-Archange Touadéra.
Co-founder of Chinese blockchain platform calls Bitcoin a Ponzi scheme
Unregulated cryptocurrencies, including Bitcoin, are 'the largest Ponzi scheme in human history'. This view was expressed by Red Date Technology CEO and BSN co-founder He Yifan in his article for The People’s Daily.
One of Asia’s largest crypto lenders Babel Finance agrees to repay part of its debts
A crypto-financial services provider Babel Finance reached "preliminary agreements" with major counterparties "on the repayment terms of some debts".
Babel Finance, one of Asia’s largest crypto lenders, suspends withdrawals and payments
The crypto-finance provider Babel Finance said it was suspending payments and withdrawals from its own products due to liquidity shortages. This was reported on the site.
Panama’s president vetoes crypto bill over FATF recommendations
Panama's President Laurentino Cortizo has imposed a partial veto on the bill regulating the circulation of digital assets, saying that it needs to be revised to align with the country's financial rules.
UK government plans to turn the country into a global crypto hub
The UK Department for Digital, Culture, Media and Sport plans to turn the country and its capital London into a 'crypto hub'. This was announced by the head of the department, Chris Philp.
Volatile stablecoins and the risk of a broad recession: experts offer forecasts for the crypto market
ForkLog spoke with experts about the reasons for the decline in cryptocurrency prices and near-term prospects for the market.
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