Tag: cryptocurrencies
All news related to cryptocurrencies, the digital assets that are revolutionizing the finance sector.
Solana-based Project Cardinal Shuts Down
Reading Time: < 1 minuteThe Cardinal crypto project team has announced a “smooth” shutdown of protocols.
Crypto Custodian Anchorage Will Team Up with EDX Markets
Reading Time: < 1 minuteHowever, it appears the platform has now ended their agreement with Paxos and instead is now in talks to partner with crypto custodian Anchorage Digital.
Israel Confiscates Millions of Dollars in Crypto Linked to Terrorists
Reading Time: < 1 minuteThe Israeli government has confiscated funds from cryptocurrency wallets through which transactions in alleged Hezbollah and IRGC Quds Force funding schemes took place.
US Investment Firms Are Entering Crypto Market: CoinShares
Reading Time: < 1 minuteCoinShares has noticed heightened interest from major US asset holders in the cryptocurrency market.
US Presidential Candidate Robert Francis Kennedy Will Support Bitcoin
Reading Time: < 1 minuteRobert Francis Kennedy Jr has recently expressed his plans regarding cryptocurrency.
The IMF Believes It Might Not Be Necessary to Ban Cryptocurrencies
Reading Time: < 1 minuteIMF analysts suggested countries to take measures to eliminate the driving factors of demand for cryptocurrencies, as well as to fill up the gap in digital payment services.
Investors Withdraw $150M from Binance and Kraken
Reading Time: < 1 minuteOver the past week, Lookonchain analysts have recorded a total outflow of 86,520 ETH (~$150 million) from Binance and Kraken.
US Department of Homeland Security Creates Group to Fight Cryptocrime
Reading Time: < 1 minuteThe US Department of Homeland Security has recently announced the formation of a new task force composed of five federal law enforcement agencies who will investigate crimes related to cryptocurrency and the dark web.
Alibaba’s Board of Directors Welcomes a Cryptocurrency Supporter as New Head
Reading Time: < 1 minuteJoseph Tsai, the co-founder of Alibaba, will replace Daniel Zhang as chairman of the company’s board of directors starting September 10, 2023.
Deutsche Bank Plans to Store Crypto Assets
Reading Time: < 1 minuteDeutsche Bank has recently submitted an application to BaFin for a license as a custody service provider for digital assets.
Bitcoin Ransomware is Using Mining to Launder Funds
Reading Time: < 1 minuteChainalysis has reported that ransomware operators are relying more and more on mining pools to launder illegally obtained assets.
Prime Trust’s Payments Division Files for Bankruptcy Protection
Reading Time: < 1 minuteBanq, a payment subsidiary of crypto custodian Prime Trust, has filed for Chapter 11 bankruptcy in Nevada District Court.
Mark Cuban: The SEC Could Recognize Any Token as a Security
Reading Time: < 1 minuteMark Cuban, an American financier and TV presenter, has spoken out against the Securities and Exchange Commission (SEC) for their lack of a system classifying digital currencies.
BlockFi Will Resume Withdrawals in Summer
Reading Time: < 1 minuteBlockFi is expecting to open up the option to withdraw funds from certain client accounts in the summer once testing is completed.
Highly Anticipated Chancer Crypto Presale Officially Launches Today
Reading Time: 3 minutesLondon, United Kingdom, June 13th, 2023, Chainwire Chancer, one of the most exciting new Web3 projects of 2023 has officially launched its crypto presale today, 13th June. The project aims […]
Coinbase CEO Brian Armstrong Believes the US Authorities Will Legalize Crypto Market
Reading Time: < 1 minute
At the end of May, Coinbase’s CEO Brian Armstrong penned an article in which he denounced the US government’s sluggishness in legalizing the cryptocurrency market.
BitGo Plans to Acquire Crypto Custodian Prime Trust
Reading Time: < 1 minuteCustodian BitGo has reached a preliminary agreement to purchase all 100% of the securities of Prime Core Technologies, which includes cryptocurrency custodial company Prime Trust.
Charles Hoskinson Talks About Reasons Behind SEC Lawsuit Against Binance
Reading Time: < 1 minuteCharles Hoskinson believes that the US Security and Exchange Commission’s (SEC) case against the Binance Bitcoin exchange is driven by its “political and philosophical disagreement” about cryptocurrencies.
CFTC Wants Additional Powers to Oversee Crypto Industry
Reading Time: < 1 minuteRostin Benam, the head of the CFTC, has called for the department to receive the authority to impose anti-fraud regulations on the cryptocurrency market during his speech in front of […]
Norway to Develop its Own Digital Currency Market Regulation Model
Reading Time: < 1 minuteThe Bank of Norway released last week a report focusing on the advancement of the state’s monetary system.
EU: Companies Must Disclose Regulatory Status of Cryptocurrencies
Reading Time: < 1 minuteThe ESMA has recently reminded investment firms to lay out the regulatory status of their products, specifically emphasizing digital assets, amid the pending adoption of applicable laws.
Binance Freezes $4.4M in Crypto at Request of US Authorities
Reading Time: < 1 minuteUS and other authorities have imposed sanctions against the Lazarus group, the most extensive cybercrime organization.
ARK Invest: The US Will Lose Leading Position in Crypto Industry
Reading Time: < 1 minuteThe United States is at risk of losing its leading position in the cryptocurrency industry to the likes of the UAE, South Korea, Australia and Switzerland.
Ripple CEO: Companies Will Leave US Due to Strict Crypto Regulation
Reading Time: < 1 minuteBrad Garlinghouse, the CEO of Ripple, has repeated his stance that American regulatory policies might drive crypto firms to relocate to other jurisdictions.
North Korean Hackers Steal $720M in Digital Assets from Japanese Investors
Reading Time: < 1 minuteJapanese investors were among those who were most affected by the North Korean hackers, having lost over $720 million of virtual currencies since 2017.
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