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Tag: cryptocurrencies

All news related to cryptocurrencies, the digital assets that are revolutionizing the finance sector.

Bernstein Analysts Predict Cryptos’ Legalization Will Be Completed in 5 Years

Reading Time: < 1 minute According to forecasts from Bernstein, the crypto market will likely be legalized in most countries around the world in the next five years.

October 2, 2023October 2, 2023 Tony Pearce News

Coinbase CEO Criticizes British Bank Chase Decision to Suspend Crypto Transactions

Reading Time: < 1 minute Coinbase CEO Brian Armstrong has expressed his thoughts on Chase Bank’s recent decision to cease cryptocurrency operations in the British market.

September 28, 2023September 28, 2023 Chris Smith News

BlockFi Receives Approval to Implement Liquidation Plan

Reading Time: < 1 minute The bankruptcy proceedings for BlockFi, a crypto lending platform, have been granted court approval to move forward with their plan to cease operations.

September 28, 2023September 28, 2023 Tony Pearce News

Volume of Crypto Funds Increases to $650B: Bernstein

Reading Time: < 1 minute According to a report from the brokerage firm Bernstein, the assets under management of cryptocurrency funds are expected to increase to $650 million in the next five years.

September 27, 2023September 27, 2023 Chris Smith News

Tim Draper Creates Accelerator to Support Crypto Startups

Reading Time: < 1 minute Tim Draper, a well-known investor and billionaire, has recently introduced Draper Goren Blockchain (DGB), a “venture studio” focused on driving innovation in the realm of decentralized finance through early-stage funding for crypto projects.

September 25, 2023September 25, 2023 Tony Pearce News

Hester Peirce: SEC’s Crypto Policy Might Change

Reading Time: < 1 minute SEC Commissioner Hester Peirce has acknowledged that the agency’s current stance on the crypto industry may see changes.

September 21, 2023September 21, 2023 Chris Smith News

Ukraine Becomes 5th Country in Terms of Crypto Adoption: Report

Reading Time: < 1 minute Ukraine held the fifth position globally for cryptocurrency adoption in 2023.

September 20, 2023September 20, 2023 Chris Smith News

Outflows From Crypto Funds Hit $455M: Report

Reading Time: < 1 minute During the period of September 9 to 15, a total of $54 million were withdrawn from cryptocurrency investment products.

September 19, 2023September 19, 2023 Chris Smith News

Brad Garlinghouse Says US is Worst Country for Crypto Companies

Reading Time: < 1 minute Ripple CEO Brad Garlinghouse has reiterated his earlier claim that crypto companies are facing repressiveness in the US due to the harsh policies of the authorities.

September 14, 2023September 14, 2023 Tony Pearce News

Gary Gensler: The SEC Seeks to Regulate Crypto

Reading Time: < 1 minute Gary Gensler has stated in a Senate Banking Committee hearing that the majority of cryptocurrencies are regarded as securities and fall under the SEC’s jurisdiction.

September 13, 2023September 13, 2023 Tony Pearce News

PayPal Launches a Service to Convert Crypto into USD

Reading Time: < 1 minute PayPal has announced the launch of a service that will give U.S. residents the ability to exchange cryptocurrencies such as Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), and Litecoin (LTC) for US dollars.

September 13, 2023September 13, 2023 Chris Smith News

LeveX Unleashes Next-Gen Social Trading Features, Pioneering a Cohesive Crypto Trading Ecosystem

Reading Time: 4 minutes Dubai, UAE, September 12th, 2023, Chainwire Unveiling a new era in cryptocurrency trading, LeveX brings to the fore an unprecedented integration of social trading into its platform, fostering a vibrant […]

September 12, 2023September 13, 2023 chainwire Press releases

Cryptocurrency Trading Volume in Spot and Derivatives Markets Declines by More Than 11%

Reading Time: < 1 minute CCData has observed a decrease in cryptocurrency market participation over the last few months.

September 12, 2023September 12, 2023 Chris Smith News

Accused of Organizing $27M Crypto Fraud Are Arrested in Thailand

Reading Time: < 1 minute Over 3,280 victims were deceived by the bchgloballtd.com platform which is suspected of being involved in gold and USDT stablecoin investment frauds.

September 12, 2023September 12, 2023 Tony Pearce News

Bumper’s $20m bid to undercut Deribit Crypto Options goes live on September 7, 2023

Reading Time: 2 minutes London, United Kingdom, September 7th, 2023, Chainwire Bumper, a decentralised finance (DeFi) protocol, today launched its crypto options killer. The equation that underpins the protocol, promises jaw-dropping improvements over traditional […]

September 7, 2023September 8, 2023 chainwire Press releases

Phishing Scheme Targeting MetaMask Users is Discovered

Reading Time: < 1 minute MetaMask users must be wary of fraudsters as they are using government URLs from India, Nigeria, Egypt, Colombia, Brazil, Vietnam and other countries to deceive them and steal their assets.

September 6, 2023September 6, 2023 Tony Pearce News

Outflow from Crypto Funds Slows Down: Report

Reading Time: < 1 minute From August 26 to September 1, the outflow of funds from cryptocurrency investment products fell from $168M (the maximum since March 2023) to $11.2M.

September 5, 2023September 5, 2023 Tony Pearce News

Nigeria is Leader in Digital Currencies Adoption in Africa: Survey

Reading Time: < 1 minute A ConsenSys and YouGov survey of 15,158 people aged 18 to 65 years from 15 countries revealed that Nigeria is a leader in the adoption of digital currencies on the African continent.

September 5, 2023September 5, 2023 Chris Smith News

More Than 50% of Turkish Residents Own Crypto: Survey

Reading Time: < 1 minute By 2022, the percentage of the Turkish population owning cryptocurrencies had risen to 40%.

September 4, 2023September 4, 2023 Tony Pearce News

Hong Kong Arrests Users for Laundering $15M Through Crypto

Reading Time: < 1 minute Hong Kong police have reportedly made 458 arrests in 314 money laundering cases involving approximately $60 million, of which a quarter is related to digital assets.

August 29, 2023August 29, 2023 Tony Pearce News

B2C2 Acquires Market Maker Woorton

Reading Time: < 1 minute B2C2, a cryptocurrency over-the-counter (OTC) platform, has acquired French market maker Woorton for an undisclosed amount as it seeks to expand into the European market.

August 28, 2023August 28, 2023 Chris Smith News

Coin Center Sends Comments to US Senate on Crypto Taxation

Reading Time: < 1 minute In response to a request from the US Senate Finance Committee, Coin Center provided proposals for the taxation of digital assets.

August 24, 2023August 24, 2023 Tony Pearce News

Investments in European Crypto Funds Soar: Report

Reading Time: < 1 minute CoinShares reported that investments in European crypto funds (ETPs) have been steadily increasing over the course of the past three months.

August 24, 2023August 24, 2023 Chris Smith News

New Zealand Not in the Hurry to Legalize Cryptocurrencies

Reading Time: < 1 minute The New Zealand House of Representatives backed an expert-prepared report which called on the country’s government to exercise caution when considering cryptocurrency regulations.

August 21, 2023August 21, 2023 Chris Smith News

WonderFi CEO: Canadian Institutions Are Interested in Cryptos

Reading Time: < 1 minute Canadian financial companies and hedge funds have recently begun to take a closer look at the digital currency market.

August 18, 2023August 18, 2023 Chris Smith News

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