July 2022

China holdings of U.S. debt fall below trillion for the first time since 2010

China holdings of U.S. debt fall below $1 trillion for the first time since 2010

Leave a Comment / Global Financial News / Forks Daily

KEY POINTS China’s portfolio of government debt in May dropped to $980.8 billion, according to Treasury Department data released Monday. It marked the first time since May 2010 that China’s holdings fell below the $1 trillion mark. China’s holdings of U.S. debt have fallen below $1 trillion for the first time in 12 years amid […]

China holdings of U.S. debt fall below $1 trillion for the first time since 2010 Read More »

Dutch Central Bank Fines Crypto Exchange Binance .4 Million Citing ‘Very Serious’ Violations

Dutch Central Bank Fines Crypto Exchange Binance $3.4 Million Citing ‘Very Serious’ Violations

Leave a Comment / CeFi News / Forks Daily

The Dutch central bank has fined cryptocurrency exchange Binance 3.325 million euros for offering crypto services in the Netherlands without the legally required registration. Binance has appealed against the fine and has now submitted an application to register with the central bank. Binance Fined by Dutch Regulator The Dutch central bank, De Nederlandsche Bank (DNB),

Dutch Central Bank Fines Crypto Exchange Binance $3.4 Million Citing ‘Very Serious’ Violations Read More »

Ethereum Hits a Monthly High above ,500, Merging Events Continues Engulfing the Market

Ethereum Hits a Monthly High above $1,500, Merging Events Continues Engulfing the Market

Ethereum (ETH) returned to levels last seen in June based on renewed momentum following those upcoming potential merging events. Market insight provider Santiment explained: “Ethereum’s return above $1,500 for the first time since June 12th appears to be happening as the crowd has little belief in this rebound. Despite this, the average ETH return of 30-day traders

Ethereum Hits a Monthly High above $1,500, Merging Events Continues Engulfing the Market Read More »

From billion to 7 million: How a major crypto lender collapsed and dragged many investors down with it

From $25 billion to $167 million: How a major crypto lender collapsed and dragged many investors down with it

Leave a Comment / Cryptocurrency / Forks Daily

KEY POINTS Celsius is down to $167 million “in cash on hand,” which they say will provide “ample liquidity” to support operations during the restructuring process. Celsius owes its users around $4.7 billion, according to its bankruptcy filing — and there’s an approximate $1.2 billion hole in its balance sheet. Celsius filing for bankruptcy this

From $25 billion to $167 million: How a major crypto lender collapsed and dragged many investors down with it Read More »

Duma Approves Bill Placing a Ban on the Use of Digital Assets in Russia

Leave a Comment / Cryptocurrency, Regulation / Forks Daily

Russian President Vladimir Putin has signed a bill addressing the ban on the use of digital financial assets (DFA) for payments. The bill which was passed to the Russian Assembly also known as the State Duma was approved on July 8. It is also an amendment to the previous bill passed in 2020 which banned

Duma Approves Bill Placing a Ban on the Use of Digital Assets in Russia Read More »

Andorra green lights Bitcoin and Blockchain with Digital Assets Act

Leave a Comment / Bitcoin News, Regulation / Forks Daily

An analysis of Andorra’s Digital Assets Act and the potential confusion surrounding Bitcoin, blockchain and crypto according to crypto business owners. A small light of progress shines from Andorra, a tiny European country nestled between France and Spain. The country’s government, the General Council of Andorra, recently approved the Digital Assets Act, a regulatory framework

Andorra green lights Bitcoin and Blockchain with Digital Assets Act Read More »

The Fall of Celsius Network: A Timeline of the Crypto Lender’s Descent Into Insolvency

Leave a Comment / Business, Cryptocurrency / Forks Daily

A timeline of Celsius’ battle with insolvency during the crypto crash, from the firm’s decision to limit some user activity before the “pause,” to its decision to file for bankruptcy on the advice of restructuring experts. After a months-long battle with insolvency issues, crypto lender Celsius Network has initiated bankruptcy proceedings. Celsius is the third

The Fall of Celsius Network: A Timeline of the Crypto Lender’s Descent Into Insolvency Read More »

Circle Publishes Inuagural USDC Reserve Treasury Report for June

Leave a Comment / Stablecoins / Forks Daily

Co-Founder and CEO of Circle, Jeremy Allaire has announced the release of the company’s first monthly USDC reserve report for the month of June. Highlighting on Twitter, he affirmed the move as part of the stablecoin issuer’s strategy of expressing its commitment to increasing transparency and disclosure around USDC. The report showed a detailed breakdown

Circle Publishes Inuagural USDC Reserve Treasury Report for June Read More »

Vietnam’s Blockchain Industry Faces Shortage of Talent

Leave a Comment / Blockchain News / Forks Daily

The booming blockchain sector in Vietnam is having to deal with a serious deficit in specialists, local media revealed. Despite the large number of software engineers in the country, those with blockchain expertise meet less than a fifth of the current demand, with businesses already looking for talent abroad. Fierce Competition for Blockchain Experts Among

Vietnam’s Blockchain Industry Faces Shortage of Talent Read More »

G-20 meeting ends without full consensus; food security and inflation top agenda at Bali meeting

Leave a Comment / Global Financial News / Forks Daily

KEY POINTS Finance chiefs at the G-20 meeting have “strongly condemned” the war in Ukraine and expressed concern over an “alarming increase of food and energy insecurity.” Many members agreed that the recovery of the global economy has slowed and is facing a major setback as a result of Russia’s war against Ukraine, which was

G-20 meeting ends without full consensus; food security and inflation top agenda at Bali meeting Read More »

China holdings of U.S. debt fall below $1 trillion for the first time since 2010

Dutch Central Bank Fines Crypto Exchange Binance $3.4 Million Citing ‘Very Serious’ Violations

Ethereum Hits a Monthly High above $1,500, Merging Events Continues Engulfing the Market

From $25 billion to $167 million: How a major crypto lender collapsed and dragged many investors down with it

Duma Approves Bill Placing a Ban on the Use of Digital Assets in Russia

Andorra green lights Bitcoin and Blockchain with Digital Assets Act

The Fall of Celsius Network: A Timeline of the Crypto Lender’s Descent Into Insolvency

Circle Publishes Inuagural USDC Reserve Treasury Report for June

Vietnam’s Blockchain Industry Faces Shortage of Talent

G-20 meeting ends without full consensus; food security and inflation top agenda at Bali meeting

Forks Daily

Categories

Pages

Company Info

Social media Links

contact@forksdaily.com

Copyright © 2021 - 2023 Forks Daily. All Rights Reserved.