Tag: cryptocurrencies
All news related to cryptocurrencies, the digital assets that are revolutionizing the finance sector.
Market Update July 3
Reading Time: < 1 minuteThe crypto market is seeing a subdued day on July 3, 2024. The overall market cap sits at $2.24 trillion.
Court Approves Schedule for SEC’s Case Against Consensys
Reading Time: < 1 minuteA judge in Texas has approved a schedule for the US Securities and Exchange Commission’s case against blockchain software company Consensys.
Market Update July 2
Reading Time: < 1 minuteThis morning, the crypto market displayed mixed signals, with Bitcoin experiencing a slight decline while some altcoins saw moderate increases.
Hawaii’s Crypto Companies Will Not Have to Obtain a Money Transmitter License
Reading Time: < 1 minuteHawaii has officially decided to exempt cryptocurrency companies from the need to obtain a Money Transmitter License (MTL) in order to operate in the state.
Internal Revenue Service Releases Latest Broker Rule Guidance
Reading Time: < 1 minuteOn Friday, the Internal Revenue Service (IRS) released the latest version of its controversial guidance on the “broker rule.”
SEC Sues Consensys
Reading Time: < 1 minuteIn a complaint filed on Friday in the U.S. District Court in the Eastern District of New York, the U.S. Securities and Exchange Commission accused Consensys of violating the law by not registering as a broker for its MetaMask swaps service and its staking service.
Crypto Exchange Coinbase Sues SEC and FDIC
Reading Time: < 1 minuteA research firm hired by Coinbase is taking legal action against the US Securities and Exchange Commission (SEC) and a federal banking agency.
South Korea-based Crypto Firm Hashed to Expand to Abu Dhabi
Reading Time: < 1 minuteSeoul-based crypto venture capital firm Hashed Ventures has recently partnered with Hub71, a technology ecosystem in Abu Dhabi, and plans to open a local office in the UAE.
Hacker Hacks Metallica’s X Account to Promote a Token
Reading Time: < 1 minuteThe official X account of heavy metal band Metallica was recently hacked.
Jump Crypto’s President Steps Down
Reading Time: < 1 minuteKanav Kariya, the current president of venture firm Jump Crypto, has decided to step down from his position after three years.
CoinStats Asks Users to Move Funds Following a Security Incident
Reading Time: < 1 minuteCoinStats, a popular app for managing cryptocurrency portfolios across multiple chains, has issued a warning to its users who created a wallet through the app.
Consensys to Continue its Lawsuit Against SEC
Reading Time: < 1 minuteConsensys Founder Joseph Lubin has stated that the company will continue with its lawsuit against the US Securities and Exchange Commission.
Crypto Startups Raise More Than $100B Since May
Reading Time: < 1 minuteSince the end of May 2014, over $100 billion has been raised for startups in the cryptocurrency industry.
Paradigm Plans to Launch Another Crypto Fund
Reading Time: < 1 minuteParadigm, a venture capital firm, recently announced the closure of a third fund for investing in early-stage crypto and blockchain projects.
Swiss Financial Market Supervisory Authority Forces a Crypto Bank’s Bankruptcy
Reading Time: < 1 minuteFollowing an investigation by the Swiss financial regulator, FlowBank, an online Swiss bank, has been forced to declare bankruptcy due to its failure to meet required banking standards.
Biden to Accept Crypto Donations in His Campaign
Reading Time: < 1 minuteThe Biden campaign is in talks with players in the cryptocurrency industry regarding the acceptance of crypto donations through Coinbase Commerce.
MoonPay Integrates Crypto Purchases Through PayPal for British and EU Customers
Reading Time: < 1 minuteMoonPay has recently announced the addition of a new fiat on-ramp option for its customers in the European Union and the United Kingdom.
EU Innovation Hub: Crypto Make Funds Tracing Difficult
Reading Time: < 1 minuteThe EU Innovation Hub recently released a report on encryption.
Trump Wants Bitcoin to Be Mined in the US
Reading Time: < 1 minuteFormer US President Donald Trump showed his support for bitcoin mining during a meeting with several bitcoin miners at his Mar-a-Lago resort on Tuesday night.
Orbit Chain Hacker Transfers $48M Through Tornado Cash
Reading Time: < 1 minuteIn the last moments of 2023, Orbit Chain, a cross-chain bridge connected to the Klaytn ecosystem, was hacked and lost $81.5 million through multiple transactions.
BetFury Announces $20 Million Cryptodrop Event
Reading Time: 4 minutesWillemstad, Curacao, 6th June 2024, Chainwire
US Appeals Court: SEC Exceeded its Authority with Fund Rule
Reading Time: < 1 minuteA recent decision by a United States appeals court has struck down a Securities and Exchange Commission (SEC) rule that aimed to increase transparency in the hedge fund and private equity sectors.
Worldcoin Commits to Extend Ban of its Operations in Spain
Reading Time: < 1 minuteWorldcoin will temporarily stop its activities in Spain.
MoonPay Launches a Web3 Tool Platform
Reading Time: < 1 minuteMoonPay has announced the launch of Web3 Tools, a platform aimed at simplifying the Web3 experience for consumers and helping brands provide seamless blockchain payments infrastructure.
Ledger Starts Shipping its New Hardware Wallet
Reading Time: < 1 minuteAfter a long delay, Ledger has started sending its recently released Ledger Stax hardware wallets to customers who pre-ordered them more than a year ago.
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