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Crypto

Something for the weekend: Do only fools work in August?

Financial Times | Aug 20, 2022 at 10:21 AM

…Something to listen to Tech Tonic — Jemima Kelly kicks off a new season of the FT’s tech podcast with a cold-eyed view of the crypto market….

Indian Police Search for Bitconnect Founder After the US Indicted Him for Defrauding Crypto…

Bitcoin.com | Aug 20, 2022 at 7:30 AM

The Indian police have launched an investigation into Bitconnect and booked its founder after a bitcoin investor reported being defrauded by the global crypto “Ponzi scheme”.

Korean Regulator Takes Action Against 16 Foreign Crypto Exchanges

Bitcoin.com | Aug 20, 2022 at 4:30 AM

The South Korean financial intelligence unit is taking action against 16 foreign cryptocurrency exchanges for operating illegally in the country.

From diamonds to wine, investors rush to luxury collectibles

Financial Times | Aug 19, 2022 at 11:00 PM

…per cent per year, according to LiveTrade. This felt sleepy compared to cryptocurrency — until crypto crashed earlier this year. “ Crypto was a pull so far…

Bitcoin Miners Take in Bear Rally Profits by Selling More Than 6,000 BTC Since…

Bitcoin.com | Aug 19, 2022 at 10:30 PM

Bitcoin’s value against the U.S. dollar lost 7.3% during the last 24 hours after more than $600 million in value was removed from the $1.07 trillion crypto economy.

The VC-fuelled comeback of WeWork founder Adam Neumann

Financial Times | Aug 19, 2022 at 7:51 PM

…Andreessen Horowitz alone has raised a massive $14.1bn this year for investment vehicles ranging from specialist crypto and biotech funds to more traditional venture and growth funds….

Crypto Fear and Greed Index Shows Market Sentiment Remains Fearful

Bitcoin.com | Aug 19, 2022 at 7:30 PM

The Crypto Fear and Greed Index (CFGI) hosted on alternative.me dropped severely at the time, and on May 31, 2022, Bitcoin.com News reported the CFGI ranking score was 16 out of 100 or “extreme fear”.

Hype Labs Announces The Successful Launch of Hype Night, A Korea Blockchain Week After-Party…

Bitcoin.com | Aug 19, 2022 at 6:15 PM

Hype Labs, a web3 company builder and venture capital, hosted its opening event after the first day of Korea Blockchain Week, an event with over 7,000 registered attendees and 120 speakers from around the world.

Bitcoin, Ethereum Technical Analysis: BTC Plunges Below $22,000, While ETH Nears 10-Day Low

Bitcoin.com | Aug 19, 2022 at 2:50 PM

Bitcoin was significantly lower on Friday, as the token fell by over $1,500 in a 24-hour period.

FT Cryptofinance: Bitcoin needs a story to sell

Financial Times | Aug 19, 2022 at 2:18 PM

…and Matic, as investors look for signs of optimism. Not so with bitcoin . “ Bitcoin  . . . has completely lost its narrative — it is not an inflation hedge…

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