Tag: cryptocurrencies
All news related to cryptocurrencies, the digital assets that are revolutionizing the finance sector.
Norway to Develop its Own Digital Currency Market Regulation Model
Reading Time: < 1 minute The Bank of Norway released last week a report focusing on the advancement of the state’s monetary system.
EU: Companies Must Disclose Regulatory Status of Cryptocurrencies
Reading Time: < 1 minute The ESMA has recently reminded investment firms to lay out the regulatory status of their products, specifically emphasizing digital assets, amid the pending adoption of applicable laws.
Binance Freezes $4.4M in Crypto at Request of US Authorities
Reading Time: < 1 minute US and other authorities have imposed sanctions against the Lazarus group, the most extensive cybercrime organization.
ARK Invest: The US Will Lose Leading Position in Crypto Industry
Reading Time: < 1 minute The United States is at risk of losing its leading position in the cryptocurrency industry to the likes of the UAE, South Korea, Australia and Switzerland.
Ripple CEO: Companies Will Leave US Due to Strict Crypto Regulation
Reading Time: < 1 minute Brad Garlinghouse, the CEO of Ripple, has repeated his stance that American regulatory policies might drive crypto firms to relocate to other jurisdictions.
North Korean Hackers Steal $720M in Digital Assets from Japanese Investors
Reading Time: < 1 minute Japanese investors were among those who were most affected by the North Korean hackers, having lost over $720 million of virtual currencies since 2017.
US Crypto Companies Are Moving to Bermuda Due to US Regulatory Environment
Reading Time: < 1 minute The increasingly stringent regulatory environment in the United States has prompted crypto companies to seek out jurisdictions with friendlier digital asset frameworks.
Marathon Digital CEO Says Dubious Operators Left Market Following Crypto Winter
Reading Time: < 1 minute Fred Thiel, the head of mining company Marathon Digital, has noted the crypto market downturn last year as a positive step that helped rid the industry of “dubious operators.”
Hong Kong Legalizes Investments in Blockchain Projects and Cryptos
Reading Time: < 1 minute Hong Kong is determined to become a hub for the blockchain industry, competing with major cities like Singapore and London.
The SEC Abandons its Definition of Cryptocurrencies
Reading Time: < 1 minute The US Securities and Exchange Commission (SEC) has removed its first formal definition of “digital assets” from its hedge fund rulebook.
TRON DAO Team Leaves Consensus 2023 with Crypto Expectations High
Reading Time: 3 minutes Geneva, Switzerland, May 2nd, 2023, Chainwire The TRON DAO team was in full force at Consensus 2023 in Austin, TX from April 26 to 28, 2023. TRON was a “5 […]
Cryptos Will Outperform Other Assets Amid Banking Crisis: Opinion
Reading Time: < 1 minute Raoul Pal, a former top manager of Goldman Sachs and macro investor, has predicted that cryptocurrencies will outperform other asset classes.
Circle CEO Attributes Decreasing USDC Market Cap to US Crackdown on Crypto
Reading Time: < 1 minute Jeremy Allaire, CEO of Circle, has stated that the recent regulatory crackdown by the United States has had an effect on the market capitalization of its stablecoin, USD Coin.
France to Accelerate Crypto Startups Registration
Reading Time: < 1 minute The French Financial Market Supervisory Commission (AMF) is exploring the possibility of expediting the registration of crypto firms.
Unchained Attracts $60M
Reading Time: < 1 minute Unchained, a company focused on Bitcoin, has raised $60 million in a Series B funding round.
Hong Kong Bank Intends to Add Support for Cryptocurrencies
Reading Time: < 1 minute ZA Bank, Hong Kong’s largest virtual bank, will act as an intermediary for deposits and withdrawals from cryptocurrency trading platforms.
Two-thirds of US Users Are Suspicious of Cryptocurrencies: Study
Reading Time: < 1 minute Most US citizens lack confidence in the safety of digital assets due to a series of bankruptcies and regulatory uncertainty.
Thai Party Promises Crypto Giveaway If They Win Elections
Reading Time: < 1 minute The Pheu Thai Party of Thailand’s opposition leader Sretta Tavizin has promised to give every citizen over 16 years of age an amount of digital assets if the party wins elections in May.
Earn Users Will Receive Lost Celsius Funds from Paxful
Reading Time: < 1 minute Ray Youssef, CEO of crypto marketplace Paxful, has announced the company will be refunding its Earn program users who were affected by the Celsius Network collapse in 2022.
Hong Kong Fund Intends to Raise $100M for Cryptocurrency Investments
Reading Time: < 1 minute A $100 million fund launched by local Hong Kong investors to finance the digital industry has closed its half-year fundraising period having raised approximately $30 million.
Cerus Markets Launches Revolutionary Platform for Crypto Derivatives Trading
Reading Time: < 1 minute Labuan, Malaysia, April 4th, 2023, Chainwire On 4th April 2023, Cerus Markets announced the launch of its new platform for easy, safe, and innovative crypto derivatives trading. Founded by industry […]
Chinese Banks Want to Offer Services to Hong Kong-based Crypto Companies
Reading Time: < 1 minute Several Chinese banks, such as Shanghai Pudong Development Bank, Bank of Communications, and Bank of China, have opened accounts or requested cooperation with Hong Kong-based crypto firms.
Nasdaq to Launch a Crypto Custody Service
Reading Time: < 1 minute Nasdaq will launch a cryptocurrency custody platform geared towards institutional investors by the end of the second quarter.
Coinbase CEO: SEC’s Policy is Disastrous for US Financial Sector
Reading Time: < 1 minute The SEC’s regulatory policy on digital assets could negatively affect the financial position of the United States.
MetaMask Institutional to Launch a Staking Marketplace
Reading Time: < 1 minute MetaMask has unveiled a marketplace to make it simpler for customers to connect to staking services.
