Tag: cryptocurrencies
All news related to cryptocurrencies, the digital assets that are revolutionizing the finance sector.
Crypto Hedge Funds’ Income Experiences a 44% Rise
Reading Time: < 1 minuteIncome for hedge funds investing in digital currencies has increased by 44%.
Almost $100M Was Stolen Last Month
Reading Time: < 1 minuteThe recent breach of Orbit Chain’s cross-chain bridge resulted in nearly $100 million in crypto theft for December.
Bulgaria Closes Investigation Against Nexo
Reading Time: < 1 minuteThe Bulgarian prosecutor’s office has closed the case against Nexo, a crypto-lending platform.
Japan Plans to Drop Tax on Crypto Profits
Reading Time: < 1 minuteJapan’s Cabinet has given the green light to a bill exempting companies from taxes on unrealized profits from digital asset transactions.
UK Finance Minister Will Investigate Claims Licensed Crypto Companies Are Facing Problems to Open Business AccountsÂ
Reading Time: < 1 minuteThe Chancellor of the Exchequer in the UK has promised to look into the issue of licensed cryptocurrency companies facing challenges when trying to open business accounts in the country.
The Evolution Begins: StrikeX Launches Ultimate Crypto-Crypto Swaps Experience with Swaps V2 Wallet Update
Reading Time: < 1 minuteLondon, United Kingdom, December 18th, 2023, Chainwire StrikeX proudly announces the successful launch of Swaps V2, a ground-breaking update that streamlines the crypto-crypto swaps process. This release introduces a new […]
Hackers Withdrew $1.7B in Crypto from Projects in 2023: Report
Reading Time: < 1 minuteImmuneFi reported in November that hackers had stolen a total of $343.038 million in digital currency through various hacks and fraudulent activities.
IRS Unveils Largest Crypto Cases of 2023
Reading Time: < 1 minuteThe IRS Criminal Investigations Division has recently revealed a list of their top ten most well-known and high-profile cases in 2023.
Crypto Funds See Inflows fox 11th Consecutive Week
Reading Time: < 1 minuteThe total inflow into cryptocurrency investment products between December 2 and December 8 was reported to be $42.8 million.
Crypto Market Grew by 110% in 2023: Report
Reading Time: < 1 minuteThe total value of digital currencies has increased by 110% or $870 billion since the beginning of 2023, with the fourth quarter seeing the largest increase at 55%.
Robinhood Unveils Crypto Trading Application in Europe
Reading Time: < 1 minuteRobinhood has revealed the introduction of its cryptocurrency trading app in the European Union.
The IRS Focuses on Crypto Tax Evasion
Reading Time: < 1 minuteIn just three years, the majority of cryptocurrency investigations have switched from money laundering to tax evasion.
Crypto Bank SEBA Rebrands
Reading Time: < 1 minuteCryptocurrency bank SEBA, which is located in Switzerland, has undergone a rebranding and is now known as Amina Bank AG.
Investments in Crypto-based Funds Hit Highest Level in 18 Months
Reading Time: < 1 minuteCoinShares has reported that as of mid-November, the investment volume in crypto funds has reached $1.14 billion since the start of 2023.
Christine Lagarde: My Son Lost Money Investing in Crypto
Reading Time: < 1 minuteIn a speech to students in Frankfurt on November 24, Christine Lagarde, the head of the European Central Bank, revealed that her son had invested in digital currencies the previous year.
Kraken Founder: Crypto Companies Should Leave US
Reading Time: < 1 minuteJesse Powell, founder of crypto exchange Kraken, has called for businesses in the crypto space to leave the US as soon as possible.
Genesis Sues Gemini to Recover $689M
Reading Time: < 1 minuteBankrupt crypto lending platform Genesis Global Capital has filed a lawsuit against cryptocurrency exchange Gemini Trust.
Anthony Scaramucci Believes Capital Will Return to Cryptosphere Thanks to Fed
Reading Time: < 1 minuteAccording to SkyBridge Capital founder Anthony Scaramucci, Bitcoin will see growth once the US Federal Reserve moves away from its strict monetary policy.
CoinShares Gets Right to Acquire Valkyrie’s ETF Unit
Reading Time: < 1 minuteCoinShares has obtained an exclusive option to purchase certain assets from Valkyrie Investments, an alternative asset management firm.
Chinese Hackers Create Fake Skype to Steal Digital Assets
Reading Time: < 1 minuteA fake Skype application was recently discovered by SlowMist specialists, which was used by Chinese hackers to swindle hundreds of thousands of dollars in different cryptocurrencies.
Influx of Funds into Crypto Funds Exceeds $1B in 7 Weeks: CoinShares
Reading Time: < 1 minuteAccording to the latest CoinShares report, cryptocurrency investment products saw inflows of $293 million from November 4-10.
SEC is Facing Problems to Hire Crypto Experts
Reading Time: < 1 minuteThe SEC is facing difficulties in hiring experts in cryptocurrency due to the reluctance of qualified applicants to part with their digital assets.
Inflows into Crypto Funds Continues for Sixth Consecutive Week: CoinShares
Reading Time: < 1 minuteThe influx of funds into cryptocurrency investment products between October 28 and November 3 totaled $261 million.
Asset Manager DWS Announces Plans to Launch a Crypto ETF
Reading Time: < 1 minuteIn the near future, DWS, an asset management company associated with Deutsche Bank, will launch cryptocurrency-based exchange-traded funds (ETFs).
Startup Qredo Lays Off 50% of its Staff
Reading Time: < 1 minuteQredo, a Coinbase-backed crypto custody infrastructure provider, has cut 50% of its jobs.
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