Tag: cryptocurrencies
All news related to cryptocurrencies, the digital assets that are revolutionizing the finance sector.
Texas Fed Issues Cease and Desist Order Against a Crypto Bank
Reading Time: < 1 minuteAccording to the Federal Reserve, United Texas Bank, which has connections to the cryptocurrency industry, was found to have “significant deficiencies” related to its handling of crypto customers and risk management.
Robinhood Pays $3.9 Million to Settle California DOJ Investigation
Reading Time: < 1 minuteRobinhood Crypto’s past practices have resulted in a $3.9 million penalty as the company failed to allow customers to withdraw cryptocurrency between the years 2018 to 2022.
Market Update September 4
Reading Time: < 1 minuteOver the past 24 hours, the crypto market has seen some significant price movements.
Market Update September 3
Reading Time: < 1 minuteSome of the top cryptocurrencies yesterday saw positive gains while others experienced minor dips. Bitcoin saw a 2.83% increase in price, bringing it to $59,044.74.
South Korean Firms SK and Hana Join Forces with BitGo
Reading Time: < 1 minuteDigital asset custody company BitGo has announced the addition of South Korea’s top telecommunications company SK Telecom and leading financial institution Hana Financial as major shareholders and strategic partners of its regional branch.
Market Update September 2
Reading Time: < 1 minuteThe cryptocurrency market experienced a slight downturn yesterday, with Bitcoin and Ethereum, the two largest cryptocurrencies by market capitalization, both declining.
Market Update August 30
Reading Time: < 1 minuteThe cryptocurrency market has seen some notable price movements over the past week, with the two major players Bitcoin and Ethereum experiencing dips in their prices.
Crypto.com Teams Up with Standard Chartered to Launch a Retail Services Business
Reading Time: < 1 minuteCrypto.com has announced the launch of a new retail services business in partnership with Standard Chartered to increase accessibility to US dollars, euros, and United Arab Emirates dirham.
Market Update August 29
Reading Time: < 1 minuteCrypto markets have been on the move over the past day, with some major coins seeing significant price gains.
Market Update August 28
Reading Time: < 1 minuteBitcoin, the largest cryptocurrency by market capitalization, has lost 5.80% of its value and is currently trading at $59,208.27.
Australian Federal Police: Australian Users Lose $122M Due to Crypto Scams
Reading Time: < 1 minuteReports of cryptocurrency-related scams in Australia have increased from 19 in 2017 to over 1,800 in 2019 and 2020 combined.
Market Update August 27
Reading Time: < 1 minuteThe world of cryptocurrency has been experiencing some choppy waters over the past day, as price movements for the top cryptocurrencies have been volatile.
Market Update August 23
Reading Time: < 1 minuteThe two biggest players, Bitcoin and Ethereum, have both experienced small increases in value, while the market as a whole has also gone up in terms of overall market cap.
Grayscale Launches an Avalanche Blockchain Token Trust
Reading Time: < 1 minuteGrayscale Investments has announced the addition of an Avalanche blockchain token trust to its list of recently introduced products.
Colombia’s Watchdog Accuses Worldcoin of Violating Personal Data Protection Regime
Reading Time: < 1 minuteColombia’s leading consumer protection agency has accused Worldcoin and its parent company Tools for Humanity of potentially violating the country’s laws on personal data protection.
Market Update August 22
Reading Time: < 1 minuteThe cryptocurrency market experienced a modest uptick over the past day, with Bitcoin and Ethereum leading the charge.
Market Update August 21
Reading Time: < 1 minuteThe cryptocurrency market experienced a slight downturn in the past 24 hours, with Bitcoin and Ethereum both recording declines.
Market Update August 20
Reading Time: < 1 minuteThe cryptocurrency market experienced a surge today, with Bitcoin leading the charge. The world’s largest cryptocurrency gained a solid 3.85%, closing in on the $61,000 mark at $60,845.50.
Nigeria Proposes a New Law to Tax Cryptocurrencies
Reading Time: < 1 minuteNigeria’s Federal Inland Revenue Service (FIRS) is set to introduce a tax on the crypto industry. The tax bill is expected to be presented to parliament for approval by September.
Bitwise Buys European ETP Provider ETC Group
Reading Time: < 1 minuteCrypto asset manager Bitwise has strengthened its global presence by acquiring London-based ETC Group.
Market Update August 19
Reading Time: < 1 minuteThe world of cryptocurrency has been buzzing with activity over the past 24 hours, with major coins like Bitcoin and Ether experiencing interesting price movements.
BlackRock’s ETFs Surpass Grayscale’s
Reading Time: < 1 minuteBlackRock’s digital asset exchange-traded funds have overtaken those offered by leading competitor Grayscale in terms of total assets under management.
Australia’s Regulator Takes Down 600 Crypto-related Scams
Reading Time: < 1 minuteThe financial markets regulator in Australia has reported removing more than 600 fraudulent cryptocurrency schemes in the past year, cautioning that fraudsters and artificial intelligence are constantly adapting their methods to deceive unsuspecting individuals.
Market Update August 16
Reading Time: < 1 minuteOver the past day, the cryptocurrency market has seen a mixed movement in prices. Most major cryptocurrencies have shown a slight increase in value, while others have experienced a small decline.
Dubai Court Says Crypto Salary Payments Are Valid
Reading Time: < 1 minuteThe Dubai Court of First Instance has ruled that salary payments in crypto are valid under employment contracts.
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