Tag: cryptocurrencies
All news related to cryptocurrencies, the digital assets that are revolutionizing the finance sector.
Users File Lawsuit Against Nexo for Blocking $126M in Assets
Reading Time: < 1 minuteNexo has been recently sued by a group of users because of the blocking of the withdrawal of digital assets valued at $126 million.
JPMorgan: Investors Are Leaving Crypto Industry
Reading Time: < 1 minuteThey have recorded a sharp decline in the capitalization of fiat-backed digital currencies, which suggests investors are leaving the crypto sphere.
German Regulator Says Banks Are Not Too Interested in Cryptos
Reading Time: < 1 minuteThe interest of German banks in offering cryptocurrency trading to customers appears to be limited.
Crypto Snack enables RCD Espanyol to become the first football club to integrate crypto payments
Reading Time: 2 minutesTallinn, Estonia, 17th November, 2022, Chainwire Crypto Snack, a global pioneer in cryptocurrency payment solutions, today announced the start of its first phase to enable La Liga’s RCD Espanyol to […]
Russia and Cuba May Use Cryptocurrencies to Avoid Sanctions
Reading Time: < 1 minuteTo carry out mutual settlements bypassing such restrictions, countries can use digital currencies.
US Treasury Secretary Janet Yellen Believes FTX’s Crash Shows How Weak the Crypto Industry Is
Reading Time: < 1 minuteJanet Yellen has said the FTX incident has showed that the cryptocurrency industry needs “very careful regulation.”
Crypto Lending Platform Vauld Gets an Extension of Temporary Protection from Creditors
Reading Time: < 1 minuteCrypto lending platform Vauld has achieved an extension of the moratorium on proceedings until January 20, 2023.
NYDIG Chairman: “People Should Choose BTC Over Other Altcoins”
Reading Time: < 1 minuteRoss Stevens has urged participants in the crypto industry to invest exclusively in BTC.
These Are the Most Popular Crypto Scams Since 2018, According to CFPB
Reading Time: < 1 minuteAccording to the US Consumer Financial Protection Bureau (CFPB), romance scams and pig butchering schemes are recognized as the most popular tactics used by bitcoin scammers.
MiCA Bill Should Simplify the Work of Crypto Companies in Europe
Reading Time: < 1 minuteThe MiCA cryptocurrency regulation bill will benefit small digital asset companies.
Crypto Lending Platform BlockFi Unveils Savings Accounts for Accredited Investors
Reading Time: < 1 minuteCrypto lending platform BlockFi has resumed providing services related to Yield savings accounts to US residents.
Crypto Newswire Service Chainwire Awarded 9 Excellency Badges by Software Marketplace G2
Reading Time: < 1 minuteChainwire has recently received nine badges by software marketplace G2.
Bakkt Plans to Buy Apex Crypto Platform for $200M
Reading Time: < 1 minuteBakkt has recently signed a definitive agreement to acquire Apex Crypto from Apex Fintech Solutions in a $200 million deal.
WisdomTree Assets in Crypto-based Products Fall by 36% to $178 Million
Reading Time: < 1 minuteThe weighted average volume of assets in crypto products of the management company WisdomTree fell by 36% compared to the second quarter.
The Valuation of a16z’s Crypto Fund Falls by 40%
Reading Time: < 1 minuteThe cryptocurrency investment fund launched in 2018 by venture capital firm Andreessen Horowitz received a negative revaluation of 40% in the first half of the year.
South Korea Intends to Control the Activity of Cryptocurrency Whales
Reading Time: < 1 minuteThe Financial Services Commission of South Korea (FSC) plans to start tracking the transactions of users whose assets exceed about $70,000.
Fidelity Digital Assets Plans to Expand its Workforce
Reading Time: < 1 minuteThe cryptocurrency division of investment firm Fidelity Investments intends to continue expanding its staff and hire 100 new employees within six months.
Sam Bankman-Fried Says How Crypto Market Should Be Regulated
Reading Time: < 1 minuteFTX CEO has spoken about his vision of regulating the crypto industry.
Mastercard to Provide Banks with Tools to Access Cryptocurrencies
Reading Time: < 1 minuteMastercard has partnered with Paxos to act as an intermediary for traditional financial institutions to launch crypto trading.
UK Will Simplify Crypto Confiscation in Terrorism Cases
Reading Time: < 1 minuteThe UK authorities plan to make it easier for law enforcement agencies to confiscate digital assets used to finance terrorism.
FTX Intends to Launch a Visa Debit Card in 40 Countries
Reading Time: < 1 minuteCryptocurrency derivatives exchange FTX has announced it intends to launch a Visa debit card in more than 40 countries in Latin America, Europe and Asia.
Brazil’s Police Uncover €780 Million Crypto Pyramid Scheme
Reading Time: < 1 minuteThe Brazilian police have raided 20 addresses in three states linked to a €780 million international cryptocurrency fraud case.
Crypto Industry Lost $428M from Hacks and Scams in Q3
Reading Time: < 1 minuteThe cumulative losses of the Web3 ecosystem from hacks and fraud amounted to $428.7 million for the third quarter of the year.
Russia May Introduce a Ban on Crypto Transactions
Reading Time: < 1 minuteAnatoly Aksakov has recently proposed to legally ban the use of cryptocurrencies as a means of payment in Russia and hold accountable for settlements in them.
Russia Will Remove Restrictions on Crypto International Payments
Reading Time: < 1 minuteThe Ministry of Finance of Russia wants to allow international payments in cryptocurrencies for any industry without restrictions.
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