Tag: cryptocurrencies
All news related to cryptocurrencies, the digital assets that are revolutionizing the finance sector.
Global Crypto Owners Increased by 39% Last Year
Reading Time: < 1 minuteThe number of users who bought and kept crypto jumped by 39%.
Digital Currency Group Suspends Dividend Payments
Reading Time: < 1 minuteDCG Holding has just announced it has suspended the payment of quarterly dividends.
Japanese Authorities: The Digital Currency Market Needs to be Tightened at a Global Level
Reading Time: < 1 minuteThe Japanese authorities believe control over the digital currency market needs to be tightened at global level.
HashKey Capital Attracts $500M to Invest in Crypto-focused Startups
Reading Time: < 1 minuteHashKey Capital has recently raised $500 million in its third fund.
Argentina’s Authorities Urge Citizens to Declare Their Crypto Holdings
Reading Time: < 1 minuteThe Ministry of Economy of Argentina has recently developed a bill that will encourage citizens to provide information about digital assets.
Reap Leverages Fireblocks to Enable Crypto Repayments with the Reap Card
Reading Time: 2 minutesNew York, United States, 11th January, 2023, Chainwire Reap, the global fintech company powering expense management through the industry first Reap Visa Corporate Card (“Reap Card”) platform, launches industry-leading innovation […]
CEO of Laser Digital: FTX’s Crash Will Increase Confidence in Crypto Industry
Reading Time: < 1 minuteThe bankruptcy of crypto derivatives exchange FTX has become one of the most important events in the cryptocurrency market in 2022.
New York Attorney General’s Office Accuses Former Celsius CEO of Defrauding Investors
Reading Time: < 1 minuteThe New York State Attorney General’s Office is suing the former CEO of the Celsius Network crypto lending platform Alex Mashinsky over defrauding investors “for billions of dollars.”
US Regulators Will Closely Observe Crypto Industry This Year
Reading Time: < 1 minuteThe US regulators, including the SEC, the Financial Accounting Standards Board (FASB) and the IRS are cooperating in order to closely observe the crypto market this year.
Crypto-based Funds Raised $433 Million Last Year
Reading Time: < 1 minuteThe influx of funds into crypto-based funds over the past 12 months was the lowest since 2018.
Morocco Intends to Introduce a Crypto Bill
Reading Time: < 1 minuteThe Bank of Morocco plans to introduce its own digital currency regulation bill within the next few days.
Italian Users Will Have to Pay a 26% Tax on Crypto Profits
Reading Time: < 1 minuteItaly will introduce a 26% tax on capital gains received from the trading of digital assets.
Crypto Lending Platform Celsius Network Asks Court to Extend Deadline for Filing Claims by Creditors
Reading Time: < 1 minuteCrypto lending platform Celsius Network has recently asked the court to extend the deadline for filing claims by creditors.
Crypto Lending Platform Nexo Makes Final Offer to Purchase its Rival Vauld
Reading Time: < 1 minuteCrypto lending platform Nexo has submitted an updated takeover bid to acquire Vauld.
JPMorgan: Most Institutions Are Not Interested in Crypto
Reading Time: < 1 minuteAccording to the managing director of JPMorgan Asset Management, large institutional investors are still “staying away” from digital assets due to high volatility.
Brazil’s Crypto Regulatory Law Receives Approval from President
Reading Time: < 1 minuteBrazil’s President has just signed a bill to regulate the digital currency market.
JPMorgan: 13% of US Citizens Have Transferred Funds to a Crypto-related Account
Reading Time: < 1 minuteThe proportion of US adults who have ever transferred funds to a crypto-related account has increased from 3% before 2020 to 13% as of June 2022.
Florida is US State With Fastest Adoption of Cryptocurrencies
Reading Time: < 1 minuteFlorida is the leader in terms of digital currency adoption and blockchain infrastructure development in the US.
Gary Gensler: SEC Should Lead Global Crypto Regulation
Reading Time: < 1 minuteHe has recalled that the SEC has the right to request financial information from any company, including those representing the blockchain industry.
Crypto Landing Platform Celsius to Refund $44M in Crypto to Users
Reading Time: < 1 minuteA US court has ordered crypto landing platform Celsius Network to return them $43.87 million in digital assets.
Elizabeth Warren: Cryptocurrencies Should be Regulated Like Securities
Reading Time: < 1 minuteUS senator Elizabeth Warren believes that digital currencies in the US should be regulated using securities laws.
EU Plans to Be Able to Block Crypto Ads of Foreign Companies
Reading Time: < 1 minuteThe MiCA will allow EU member states to block ads and websites of unauthorized organizations related to digital assets.
Genesis Creditors Want to Prevent Bankruptcy
Reading Time: < 1 minuteCreditors of OTC platform Genesis Trading are seeking options to keep it from going bankrupt.
Staking Company Kiln Raises More Than $17M from Kraken
Reading Time: < 1 minuteKiln has closed a €17 million Series A funding round with the participation of the venture arm of crypto exchange Kraken and ConsenSys.
Lemon Cash Fires Part of its Employees
Reading Time: < 1 minuteArgentinian platform Lemon Cash has confirmed it has fired almost 40% of its managers and developers.
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