Tag: cryptocurrencies
All news related to cryptocurrencies, the digital assets that are revolutionizing the finance sector.
US Crypto Companies Are Moving to Bermuda Due to US Regulatory Environment
Reading Time: < 1 minuteThe increasingly stringent regulatory environment in the United States has prompted crypto companies to seek out jurisdictions with friendlier digital asset frameworks.
Marathon Digital CEO Says Dubious Operators Left Market Following Crypto Winter
Reading Time: < 1 minuteFred Thiel, the head of mining company Marathon Digital, has noted the crypto market downturn last year as a positive step that helped rid the industry of “dubious operators.”
Hong Kong Legalizes Investments in Blockchain Projects and Cryptos
Reading Time: < 1 minuteHong Kong is determined to become a hub for the blockchain industry, competing with major cities like Singapore and London.
The SEC Abandons its Definition of Cryptocurrencies
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has removed its first formal definition of “digital assets” from its hedge fund rulebook.
TRON DAO Team Leaves Consensus 2023 with Crypto Expectations High
Reading Time: 3 minutesGeneva, Switzerland, May 2nd, 2023, Chainwire The TRON DAO team was in full force at Consensus 2023 in Austin, TX from April 26 to 28, 2023. TRON was a “5 […]
Cryptos Will Outperform Other Assets Amid Banking Crisis: Opinion
Reading Time: < 1 minuteRaoul Pal, a former top manager of Goldman Sachs and macro investor, has predicted that cryptocurrencies will outperform other asset classes.
Circle CEO Attributes Decreasing USDC Market Cap to US Crackdown on Crypto
Reading Time: < 1 minuteJeremy Allaire, CEO of Circle, has stated that the recent regulatory crackdown by the United States has had an effect on the market capitalization of its stablecoin, USD Coin.
France to Accelerate Crypto Startups Registration
Reading Time: < 1 minuteThe French Financial Market Supervisory Commission (AMF) is exploring the possibility of expediting the registration of crypto firms.
Unchained Attracts $60M
Reading Time: < 1 minuteUnchained, a company focused on Bitcoin, has raised $60 million in a Series B funding round.
Hong Kong Bank Intends to Add Support for Cryptocurrencies
Reading Time: < 1 minuteZA Bank, Hong Kong’s largest virtual bank, will act as an intermediary for deposits and withdrawals from cryptocurrency trading platforms.
Two-thirds of US Users Are Suspicious of Cryptocurrencies: Study
Reading Time: < 1 minuteMost US citizens lack confidence in the safety of digital assets due to a series of bankruptcies and regulatory uncertainty.
Thai Party Promises Crypto Giveaway If They Win Elections
Reading Time: < 1 minuteThe Pheu Thai Party of Thailand’s opposition leader Sretta Tavizin has promised to give every citizen over 16 years of age an amount of digital assets if the party wins elections in May.
Earn Users Will Receive Lost Celsius Funds from Paxful
Reading Time: < 1 minuteRay Youssef, CEO of crypto marketplace Paxful, has announced the company will be refunding its Earn program users who were affected by the Celsius Network collapse in 2022.
Hong Kong Fund Intends to Raise $100M for Cryptocurrency Investments
Reading Time: < 1 minuteA $100 million fund launched by local Hong Kong investors to finance the digital industry has closed its half-year fundraising period having raised approximately $30 million.
Cerus Markets Launches Revolutionary Platform for Crypto Derivatives Trading
Reading Time: < 1 minuteLabuan, Malaysia, April 4th, 2023, Chainwire On 4th April 2023, Cerus Markets announced the launch of its new platform for easy, safe, and innovative crypto derivatives trading. Founded by industry […]
Chinese Banks Want to Offer Services to Hong Kong-based Crypto Companies
Reading Time: < 1 minuteSeveral Chinese banks, such as Shanghai Pudong Development Bank, Bank of Communications, and Bank of China, have opened accounts or requested cooperation with Hong Kong-based crypto firms.
Nasdaq to Launch a Crypto Custody Service
Reading Time: < 1 minuteNasdaq will launch a cryptocurrency custody platform geared towards institutional investors by the end of the second quarter.
Coinbase CEO: SEC’s Policy is Disastrous for US Financial Sector
Reading Time: < 1 minuteThe SEC’s regulatory policy on digital assets could negatively affect the financial position of the United States.
MetaMask Institutional to Launch a Staking Marketplace
Reading Time: < 1 minuteMetaMask has unveiled a marketplace to make it simpler for customers to connect to staking services.
Game Developer CCP Games Raises $40M
Reading Time: < 1 minuteCCP Games, with seed funding led by Andreessen Horowitz (a16z) and other investors including Makers Fund, Bitkraft, Kingsway Capital, Hashed, and Nexon, have raised $40 million.
Outflow from Crypto Funds Continues for Sixth week in a Row: CoinShares
Reading Time: < 1 minuteCoinShares analysts reported that from March 11 to 17, $95 million were withdrawn from cryptocurrency investment products, following a record of $255 million the week prior.
Fireblocks Explains How Recent Vulnerability in BitGo Wallets Was Fixed
Reading Time: < 1 minuteFireblocks, a crypto-custodial service provider, has revealed that a vulnerability was discovered in BitGo wallets in December 2022.
US Senator Criticizes Banks for Ties with Crypto Industry
Reading Time: < 1 minuteColorado Senator Michael Bennet has expressed his opinion that banks working with the crypto industry are being reckless, as digital assets are incredibly unstable.
US and German Authorities Seize Servers of Crypto Mixer ChipMixer
Reading Time: < 1 minuteThe Europol has reported that German and US authorities have disabled the infrastructure of cryptocurrency mixer ChipMixer.
MetaMask Fixes Privacy Issue Affecting Account Merging
Reading Time: < 1 minuteThe developers of MetaMask have recently released an update that eliminates the automatic merging of all accounts when a non-custodial wallet interacts with dApps.
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