Tag: cryptocurrencies
All news related to cryptocurrencies, the digital assets that are revolutionizing the finance sector.
Binance CEO: Bearish Cycles Are Beneficial for Crypto Market
Reading Time: < 1 minute Binance CEO has said that in the long term, bearish sentiment is more beneficial for the cryptocurrency market than a seemingly endless uptrend.
JPMorgan CEO: “Cryptocurrencies Are Decentralized Ponzi Schemes”
Reading Time: < 1 minute Jamie Dimon, CEO of JP Morgan, has said that cryptocurrencies are “decentralized Ponzi schemes,” but blockchain technology has potential.
Crypto Fraud Suspect to Pay $3.7B in Brazil
Reading Time: < 1 minute A court from Rio de Janeiro has ordered the founder of GAS Consultoria to deposit $3.7 billion to pay a compensation to the victims of a cryptocurrency fraud.
Australian Senator: “The Digital Yuan is a Threat to National Security”
Reading Time: < 1 minute Senator Andrew Bragg of the Australian state of New South Wales has announced a new digital asset bill.
Crypto Custodian HyperBC Obtains a Lithuanian Financial License and Focuses on Regulatory Frameworks
Reading Time: 3 minutes HyperBC Group has acquired a Lithuanian financial license no. 305790868 to expedite its global compliance operations.
Russia Plans to Introduce Cryptos into the Country’s Civil Code
Reading Time: < 1 minute Russia has recently proposed to legalize cross-border crypto transactions in 2023, however, this will require changes in the Civil Code.
Fireblocks Annual Revenue Hits $100M
Reading Time: < 1 minute Crypto company Fireblocks has announced it has reached $100 million in annual revenues.
SEC Chairman Supports Power Transfer on Crypto to CFTC
Reading Time: < 1 minute The SEC Chairman Gary Gensler plans to support the US Congress granting additional powers to regulate the crypto market to the CFTC.
UK FCA Warns Investors Against Crypto Influencers
Reading Time: < 1 minute The FCA, the UK’s financial regulator, has recently warned investors about the risks of financial advice from influencers promoting crypto and forex trading.
Europol: Cryptocurrencies Are a Tool to Fight Crime
Reading Time: < 1 minute Europol representatives have said that blockchain, thanks to its transparency, provides the authorities with a qualitatively new way to fight organized crime in the financial sector.
David Rubenstein Has Invested in Crypto
Reading Time: < 1 minute Carlyle Group co-founder David Rubenstein, has said he has invested in crypto companies.
Vitalik Buterin Says That The Current Bearish Cycle in Crypto Market is Expected
Reading Time: < 1 minute Ethereum co-founder Vitalik Buterin has stated he is confident that the previous cryptocurrency bull market would end sooner or later.
MicroStrategy is Accused of Evading $25 Million in Taxes
Reading Time: < 1 minute The District of Columbia has just filed a lawsuit against MicroStrategy and its CEO.
Dubai Regulator Launches New Crypto Advertising Rules
Reading Time: < 1 minute The Dubai Virtual Assets Regulatory Authority has recently published new rules governing the advertising and promotion of cryptocurrencies.
Japan Will Ease Crypto Tax Policy
Reading Time: < 1 minute The Japanese authorities are currently considering options for easing tax policy in relation to crypto business.
Crypto Funds Record 2nd Consecutive Weekly Outflow
Reading Time: < 1 minute The outflow of funds from cryptocurrency investment products from August 13 to 19 amounted to $9 million compared to $17 million a week earlier.
Escrypto to Launch Across 3 Continents
Reading Time: 3 minutes Escrypto, the global crypto payment service, has been getting licenses to operate in 3 continents and will launch later this year.
WhiteBIT Lists Native Token WBT
Reading Time: < 1 minute Cryptocurrency exchange WhiteBIT has listed its internal WhiteBit Token (WBT) on August 25.
Predict Crypto Markets & Earn Rewards with ROLA.ai’s Evolving Web3 Game-Fi social media app
Reading Time: 4 minutes A thriving crypto community with an exciting idea is about to be born!
IMF is Concerned About Growth of Correlation Between Crypto and Asian Stock Market
Reading Time: < 1 minute The increased correlation between cryptocurrencies and stock markets in Asia is a matter of concern and calls for additional regulatory action.
Pension Fund of Canada Writes Off $150M Investment in Celsius
Reading Time: < 1 minute Caisse de dépôt et Placement du Québec (CDPQ) has posted a write-off of CAD 200 million or about $150 million of investments in crypto lending platform Celsius Network.
Symbiosis Finance Teams Up with Benqi Finance
Reading Time: < 1 minute Symbiosis Finance, a multi-chain liquidity protocol, has joined forces with Avalanche-based lending protocol Benqi Finance.
FTX CEO Supports Bill to Transfer Crypto Market Control to CFTC
Reading Time: < 1 minute Sam Bankman-Fried has praised the bill submitted to the US Congress to empower the Commodity Futures Trading Commission (CFTC) to regulate the cryptocurrency market.
Crypto Lending Platform Vauld Gets Temporary Protection from Creditors
Reading Time: < 1 minute The High Court of Singapore has granted crypto lending platform Vauld a moratorium on proceedings until November 7.
Changpeng Zhao is Against Liquidity Segregation
Reading Time: < 1 minute Changpeng Zhao has come to the conclusion that some countries want to create a separate order book (liquidity) to effectively protect consumers.
