Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Taiwan’s FSC Plans to Implement a Crypto Exchange Registration System
Reading Time: < 1 minuteTaiwan’s Financial Supervisory Commission (FSC) will establish a registration system for cryptocurrency exchanges before the end of November, according to a report by local news outlet Anue Juheng.
21Shares Files to Launch an XRP ETF
Reading Time: < 1 minute21Shares has submitted a request to the US Securities and Exchange Commission (SEC) to launch a new exchange-traded fund (ETF) based on XRP.
Hackers Steal $1.4B in Crypto in 2024
Reading Time: < 1 minuteAccording to a recent report from immunefi, a web3 bug bounty and security services platform, the crypto industry has faced over $1.4 billion in losses this year due to 179 hacks and scams.
Canary Capital Files Application to Launch a Solana ETF
Reading Time: < 1 minuteCanary Capital has submitted an application to the SEC for a Solana (SOL) ETF. This is part of a recent trend of asset managers seeking to offer cryptocurrency-backed ETFs on traditional exchanges.
NYSE Plans to List Grayscale’s Crypto Index ETF
Reading Time: < 1 minuteNYSE Arca, a securities exchange, has requested permission from US regulators to list a Grayscale exchange-traded fund (ETF) that holds a diverse selection of spot cryptocurrencies.
Gemini Wins In-principle Approval in Singapore
Reading Time: < 1 minuteGemini has received initial approval from the Monetary Authority of Singapore to offer select services in the country.
Coinbase Teams Up with Visa to Allow Crypto Deposits, Withdrawals and Purchases
Reading Time: < 1 minuteVisa has announced a partnership with crypto exchange Coinbase that will allow users with eligible debit cards to instantly deposit and withdraw funds from their accounts.
dYdX Fires 35% of its Employees
Reading Time: < 1 minuteDecentralized crypto exchange dYdX Trading has recently let go of 35% of its staff as its CEO, Antonio Juliano, has hinted at the need for a new direction for the company.
Hong Kong Regulator Plans to Create Consultative Panel for Licensed Crypto Exchanges
Reading Time: < 1 minuteThe SFC of Hong Kong will be creating a consultative panel for licensed cryptocurrency exchanges in 2020, according to Eric Yip, the executive director of intermediaries at the SFC.
Circle Teams Up with HKT to Cooperate in Blockchain Tech Solutions
Reading Time: < 1 minuteCircle and HKT, a leading telecommunications provider in Hong Kong, have announced a Memorandum of Understanding to explore potential partnerships using blockchain technology.
US Accuses Crypto Exchange Operator of Laundering Silk Road Money
Reading Time: < 1 minuteThe operator of crypto exchange AurumXchange, Maximiliano Pilipis, has been charged with money laundering.
Netherlands Begins Consultation on Crypto Bill
Reading Time: < 1 minuteThe Netherlands has initiated a consultation process for a proposed bill that would require crypto services to share user data with tax authorities, in accordance with the European Union’s DAC8 directive.
Hong Kong Plans to Extend Tax Concessions for Crypto
Reading Time: < 1 minuteThe government plans to extend current tax concessions offered to privately offered funds and family offices to include crypto investments.
Bitstamp Wins a Trading Facility License from European Regulator
Reading Time: < 1 minuteCrypto exchange Bitstamp has been granted a MTF license by the Securities Market Agency in Slovenia.
Tether Proposes to Launch Boron-backed Tokens to Turkey
Reading Time: < 1 minuteTether has suggested to the Turkish government the creation of tokens that represent borate minerals.
South Korea Plans to Regulate Cross-Border Crypto Transactions
Reading Time: < 1 minuteThe finance ministry of South Korea has announced plans to implement regulations on the trading of virtual assets across borders, such as cryptocurrency.
Standard Chartered: Bitcoin Will Reach $73K on US Election Day
Reading Time: < 1 minuteAccording to Standard Chartered Global Head of Digital Assets Research, Geoff Kendrick, Bitcoin’s all-time high of over $73,000 could be reached on Nov. 5, coinciding with the US presidential election.
Number of Bitcoin Whales Soars to 2021 Levels
Reading Time: < 1 minuteThe number of whales or network entities who hold at least 1,000 BTC has risen to 1,678 this week, marking the highest number since January 2021.
Denmark Intends to Tax Unrealized Crypto Gains
Reading Time: < 1 minuteThe Danish Tax Law Council has proposed a mark-to-market taxation method for cryptocurrency assets in a recent report. Their suggestion will soon be followed by a legislative proposal.
Radiant Capital Hacker Transfers $52M of Stolen Crypto
Reading Time: < 1 minuteThe individual responsible for the recent theft from decentralized finance protocol Radiant Capital has transferred almost all of the stolen funds from layer-2 protocols to Ethereum.
SEC Includes Crypto in its Examination Priorities for 2025
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has once again included cryptocurrency assets as part of its 2025 examination priorities.
Komainu to Acquire Custody Firm Propine
Reading Time: < 1 minuteKomainu, a company providing digital asset custody services, has set its sights on acquiring Propine Holdings, the parent company of local custody provider Propine Technologies, based in Singapore.
Tesla Did Not Get Rid of its Bitcoins
Reading Time: < 1 minuteAccording to blockchain analytics firm Arkham Intelligence, Tesla currently still holds its entire Bitcoin stash, valued at $780 million, despite recently transferring the funds to unidentified wallets on Oct. 15.
Bitcoin Hashrate Reaches a New Record High
Reading Time: < 1 minuteThe latest data from Glassnode reveals that the seven day moving average for Bitcoin’s hashrate has reached a record high of 703 exahashes per second (EH/s).
Weekly Inflows into Crypto Products Reach $2.2B
Reading Time: < 1 minuteAsset management firms such as BlackRock, Bitwise, Grayscale, ProShares, and 21Shares experienced significant net inflows of $2.2 billion last week, the highest since July.
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