Announcements, Stories, Opinions And Ideas

A weekly digest of relevant news about digital assets and crypto, outlining crucial blockchain industry updates that you may have missed.

Banking Difficulties in Latin America Fuel Crypto Adoption - Decrypt
According to research from Chainalysis, many Latin American businesses use crypto to buy retail goods, while citizens seek to avoid unstable fiat markets.
Major South Korean Crypto Exchange Raided by Police in Alleged $25.2M Fraud Case | Bitcoin News
South Korean police raided the country’s largest cryptocurrency exchange, Bithumb on September 2 as part of investigations of fraud.
Swiss Canton Takes Taxes in Bitcoin as Crypto Gains Traction
Switzerland’s canton of Zug, home to hedge funds, crypto firms and commodity traders, will start allowing citizens to pay taxes in Bitcoin and Ether as the acceptance of digital currencies continues to rise.
Kazakhstan on track for $700M crypto mining investment goal, says minister
A Kazakh minister claimed that there are already preliminary agreements on attracting more than $700 investment for cryptocurrency mining
New Crypto Derivatives Let You Bet on (or Against) Tether’s Solvency- CoinDesk
Credit default swaps (of “The Big Short” infamy) have come to the Ethereum blockchain. Opium Exchange says they can help crypto investors manage risk.
Digital Bank Revolut Expands Crypto Buying and Selling Service to Australia - CoinDesk
U.K.-based digital bank Revolut has opened up its cryptocurrency buying and selling services to Australian residents for the first time.
Minting Dozens of Coins a Day, Speculators Tap Into Crypto Craze
Risk is running rampant in financial markets. Stocks trade at dot-com-era valuations, the IPO pipeline is full, SPACs are back, Bitcoin’s headed toward a record. And right on cue, here come the crypto opportunists.
BitMEX to List Futures for New Crypto Coins for First Time in Over 2 Years - CoinDesk
BitMEX said early Friday it plans to introduce futures markets for two cryptocurrencies, the first new coins to appear on the exchange in over two years.
Revealed: How North Korean hackers launder stolen crypto
The techniques are sophisticated but crypto laundering cases are still relatively small
Indian exchange CoinDCX cements crypto educational agenda
Crypto exchange CoinDCX announces two new professional training courses for cryptocurrency traders and experts