CryptoPage - Crypto Newsletter - Issue 384

Crypto Daily News - Aug 16, 2022
 

Crypto Newsletter

 

ISSUE 384  August 17th 2022

 

  Crypto News  

 

Terra Founder Do Kwon Reveals He Was Never Investigated By South Korean Authorities

The collapse of the Terra ecosystem earlier this year in May 2022 shook the entire crypto fraternity as it led to a humongous wealth erosion of more than $40 billion in a matter of a week. Ever since South Korean regulators have been on their toes investigating the matter of what led to the collapse.

coingape.com  Permalink

 

Korean regulators investigate banks over $6.5B tied to Kimchi premium

South Korean banks are being investigated for their role in facilitating $6.5 billion in suspicious overseas remittances which have been tied to companies arbitraging cryptocurrency.

cointelegraph.com  Permalink

 

Indian Finance Minister Asks Crypto Investors to Exercise Caution as Authorities Investigate Exchanges

India’s finance minister has cautioned investors about cryptocurrency as the country’s Enforcement Directorate (ED) investigates a number of crypto exchanges and freezes the assets of some trading platforms.

bitcoin.com  Permalink

 

Justin Bieber, Paris Hilton among 19 celebs called out for shilling NFTs

Consumer watchdog group Truth in Advertising (TINA.org) has called out 19 celebrities for allegedly promoting non-fungible tokens (NFTs) without disclosing their connection to the projects.

cointelegraph.com  Permalink

 

Monero [XMR]: Every detail you need to know about latest hard fork

Monero [XMR], one of the most renowned privacy coins, underwent a successful hard fork on block 2,688,888, this Sunday (14 August).

ambcrypto.com  Permalink

 

Federal Reserve Releases New Guidelines for Crypto Banks

Up until now, American financial institutions that wanted to conduct both crypto transactions and traditional banking services have had to pick a lane. That may soon change.

decrypt.co  Permalink

 
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Crypto Newsletter - Issue 383

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