Tag: cryptocurrencies
All news related to cryptocurrencies, the digital assets that are revolutionizing the finance sector.
Cardano Founder: Biden is Trying to Kill Crypto
Reading Time: < 1 minute Charles Hoskinson, the founder of Cardano, has strongly criticized United States President Joe Biden for his actions that appear to be targeted at harming the crypto industry in the country.
Wallet Developer Exodus’ NYSE Listing is Put Off
Reading Time: < 1 minute The planned listing of the Exodus Movement on the New York Stock Exchange has been delayed due to ongoing review by the SEC.
SEC Files Final Reply in Lawsuit Against Ripple
Reading Time: < 1 minute The legal conflict between Ripple Labs and the SEC has seen significant developments, as the SEC has filed its final reply in the remedies stage of the lawsuit.
BitMEX Rolls Out Options Trading
Reading Time: < 1 minute A new options trading feature has been developed by BitMEX in collaboration with PowerTrade.
Gary Gensler Says Investors Don’t Have Access to Enough Information About Crypto Assets
Reading Time: < 1 minute SEC Chairman Gary Gensler has expressed concerns about the lack of important information available to investors about digital assets amidst the crackdown on crypto companies.
LocalMonero Closes its P2P Platform
Reading Time: < 1 minute On Tuesday, LocalMonero announced it was shutting down its peer-to-peer exchange for Monero cryptocurrency due to unspecified internal and external issues after almost seven years of operation.
Revolut Rolls Out a Crypto Trading Platform in UK
Reading Time: < 1 minute Revolut has today launched Revolut X, a standalone crypto trading platform available to its retail customers in the UK.
Cred Execs Accused of $783M Fraud
Reading Time: < 1 minute The US Attorney’s Office for the Northern District of California has brought charges against three former executives of Cred.
UK FCA: Crypto Firms Posed a Threat for Money Laundering in 2022-2023
Reading Time: < 1 minute According to the Financial Conduct Authority (FCA), crypto companies were among the four types of businesses with the highest risk of being exploited for money laundering.
BlackRock’s BUIDL Reaches a $375M Market Cap
Reading Time: < 1 minute The BlackRock USD Institutional Digital Liquidity Fund, known by the ticker BUIDL, has become the largest treasury fund tokenized on a blockchain.
Uniswap Introduces Crypto Purchases
Reading Time: < 1 minute Uniswap’s mobile app now offers its users the option to purchase cryptocurrencies through Robinhood Connect, utilizing funds from Robinhood, a debit card, or a bank transfer.
Thai SEC Warns Crypto Exchanges Against Deceptive Ads
Reading Time: < 1 minute The SEC of Thailand has issued a reminder to all cryptocurrency exchanges operating in the country to ensure compliance with advertising standards.
Terraform Labs Suggests a $1M Penalty
Reading Time: < 1 minute Lawyers representing Terraform Labs have filed a response to the United States Securities and Exchange Commission’s (SEC) request for $5.3 billion in disgorgement and civil penalties against the firm and its co-founder Do Kwon.
Wasabi and Phoenix Leave US
Reading Time: < 1 minute Acinq’s Phoenix Wallet and zkSNACKs’ Wasabi Wallet are discontinuing services for customers in the United States.
Samourai Wallet Founders Accused of Laundering $100M
Reading Time: < 1 minute The creators of the anonymous Bitcoin wallet Samourai Wallet have been charged by US federal prosecutors for aiding in the laundering of $100 million in criminal proceeds.
Coinbase Says Cryptos Will Remain Dependent on Global Economy
Reading Time: < 1 minute According to analysts at Coinbase, the halving event may be strongly influenced by the global economic situation, with a potential to impact the price of Bitcoin and other digital currencies.
Sweden Tax Authority Requests $90M from Crypto Miners
Reading Time: < 1 minute The Swedish tax authority, Skatteverket, has recently uncovered instances of underpayment by mining companies totalling nearly 1 billion kroner (over $90 million).
Kraken Introduces a Self-custodial Crypto Wallet
Reading Time: < 1 minute Crypto exchange Kraken has recently launched their own self-custodial mobile wallet known as Kraken Wallet.
Crypto Companies Are Expanding Their Workforces
Reading Time: < 1 minute Major cryptocurrency exchanges have put a hold on planned layoffs that were initially slated to begin in 2023.
UK Intends to Implement a New Crypto Legislation This Summer
Reading Time: < 1 minute Economic Secretary Bim Afolami announced that the UK government plans to introduce legislation by June or July for stablecoins, crypto staking, exchange, and custody.
London Mayoral Candidate Promises to Give Away £100 in LONDON Token if He Wins
Reading Time: < 1 minute Brian Rose, a candidate for London mayor, has proposed to distribute LONDON tokens worth £100 to every city resident.
Retail Investors Are Showing Little Interest in Crypto
Reading Time: < 1 minute Joe Vezzani, CEO of analytical firm LunarCrush, stated that although Bitcoin and other cryptocurrencies have experienced a significant rise in value lately, retail investors have not yet fully embraced the trend.
Arthur Hayes: Cryptocurrencies Will Fall After Bitcoin Halving
Reading Time: < 1 minute BitMEX exchange’s founder, Arthur Hayes, is predicting a prolonged period of decline for the cryptocurrency market following the Bitcoin halving.
Crypto Funds See Influx Since Beginning of the Year
Reading Time: < 1 minute From March 30 to April 5, there was a total inflow of $646 million into cryptocurrency investment products, with a record total of $13.8 billion invested since the beginning of the year.
Staking Rewards Exceed S&P 500 Dividends
Reading Time: < 1 minute The current average staking reward for cryptocurrencies is 450% higher than the average dividend payout for investors in the S&P 500, even though both markets have seen strong growth.