Tag: cryptocurrencies
All news related to cryptocurrencies, the digital assets that are revolutionizing the finance sector.
Do Kwon’s Extradition to US is Revoked
Reading Time: < 1 minuteThe Montenegrin Court of Appeal has overturned the approval for Do Kwon’s extradition to the United States.
ShapeShift Agrees to Pay $275,000 to SEC to Settle Charges
Reading Time: < 1 minuteOn Tuesday, the US Securities and Exchange Commission (SEC) announced a cease-and-desist order against cryptocurrency firm ShapeShift for engaging in unregistered securities dealing.
UK Authorities to Be Able to Seize Crypto More Easily
Reading Time: < 1 minuteIn late April, the UK government issued a statutory instrument that allows law enforcement to freeze crypto assets used in illegal activities without the need for a criminal conviction.
Pantera Capital CEO Predicts Crypto Market Will Experience a Bullish Trend in 2-3 Years
Reading Time: < 1 minuteAccording to Dan Morehead, founder of Pantera Capital, the cryptocurrency market is expected to experience a bullish phase within the next 18-24 months.
China Urges Citizens Not to Participate in ICOs
Reading Time: < 1 minuteThe Liaoning Provincial Police Department recently cautioned potential investors about the dangers of investing in ICO projects.
Japanese Venture Capital Companies Allowed to Buy Crypto
Reading Time: < 1 minuteThe Cabinet has approved a bill that will allow investment funds and venture capital firms to invest in digital currencies.
UK to Pass New Stablecoin Legislation in 6 Months
Reading Time: < 1 minuteAccording to Bloomberg, UK government officials are determined to pass new regulations for stablecoins and crypto staking services within the next six months.
UN: North Korean Hackers Steal $3B from Crypto Companies
Reading Time: < 1 minuteIn 2023, hackers from North Korea successfully stole approximately $600 million worth of digital currencies.
Crypto Companies Absent from Super Bowl Ads
Reading Time: < 1 minuteFox Business has reported that major cryptocurrency companies did not advertise during this year’s Super Bowl.
Institutional Investors Put $1.6B into Crypto Funds Year to Date: CoinShares
Reading Time: < 1 minuteAccording to CoinShares, US-based crypto ETFs have attracted over 95,297 Bitcoin since January 11, 2024.
The Cryptocurrency Market Will Suffer a Correction: Bitfinex Expert
Reading Time: < 1 minuteAccording to Bitfinex’s head of derivatives department, Jag Kooner, the digital asset market is currently experiencing a short-term correction.
Cybercriminals Steal $126 Million from Crypto Projects in January
Reading Time: < 1 minuteIn January 2024, digital currencies worth $126 million were stolen by cybercriminals and fraudsters.
FuturePlay Unveils a New Horizon in Online Crypto Gaming
Reading Time: 3 minutesGibraltar, Gibraltar, February 6th, 2024, Chainwire FuturePlay crypto casino has rapidly ascended in the gaming scene since December, forming key partnerships with leading providers like Relax, Spribe, Quickspin, and many […]
South Korea Will Investigate Crypto Executives
Reading Time: < 1 minuteThe Financial Services Commission (FSC) of South Korea has put forth new amendments that would require regulatory approval before new executives at crypto companies can begin their duties.
Hackers Stole $126M in Crypto in January: Report
Reading Time: < 1 minuteImmuneFi found that hackers were able to steal $126 million in digital assets, with 19 successful attacks taking place.
Visa Allows to Withdraw Funds from Crypto Wallets to Card
Reading Time: < 1 minuteVisa is launching a new service for holders of digital currencies, allowing them to withdraw funds from their Bitcoin wallets to plastic cards.
EU Implements Limits on Non-EU Crypto Firms
Reading Time: < 1 minuteThe European Securities and Markets Authority (ESMA) has proposed that cryptocurrency companies operating outside of the EU should only be allowed to provide services to customers within the bloc in limited circumstances to avoid unfair competition.
Court Sentences OneCoin Lawyer to 10 Years in Prison
Reading Time: < 1 minuteA federal judge has sentenced an attorney involved in the OneCoin cryptocurrency scam to 10 years in prison after a hearing on January 25.
North Korean Hacker Attacks to Crypto Platforms Fell in 2023
Reading Time: < 1 minuteAccording to Chainalysis, in 2023, hackers from North Korea stole approximately $1 billion worth of cryptocurrencies through 20 hacks.
Coinbase Says US Manipulates Facts About Cryptocurrencies
Reading Time: < 1 minutePaul Grewal, the top lawyer at crypto exchange coinbase, expressed his disapproval to the US Government Accountability Office (GAO) report on the use of cryptocurrencies to evade sanctions.
Terraform Labs Files for Bankruptcy in US
Reading Time: < 1 minuteTerraform Labs Pte. Lte. has filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware on January 21, according to the court’s website.
Operators Obliged to Ensure Transparency of Crypto Transactions in EU
Reading Time: < 1 minuteThe European Union’s governing body, the Council, recently announced its plans to strengthen supervision over the use of digital currencies.
Canada Makes Proposal to Amend Fund Requirements for Crypto
Reading Time: < 1 minuteOn January 18, the Canadian Securities Administrators (CSA) proposed new regulations for public investment funds regarding the treatment of crypto assets.
South Korea to Limit Use of Credit Cards to Buy Crypto by Local Users
Reading Time: < 1 minuteThe Financial Services Commission (FSC) of South Korea is proposing a revision to the country’s credit finance laws that would prevent citizens from using credit cards to purchase cryptocurrency.
CBOE: Institutions Will Invest in BTC Following Bitcoin ETF Approvals
Reading Time: < 1 minuteAccording to John Palmer, a spot Bitcoin exchange-traded fund approval will draw in a fresh wave of institutional investors.
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