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Tether Smashes Records, $1.48 Billion Profit In Q1- Surplus Over Reserves Hits All-Time High
Tether Holdings Limited, the issuer of the world’s largest stablecoin, USDT, has published its Q1 2023 Assurance Report, attested to by BDO Italia, a top five-ranked global independent public accounting firm. дальше »
2023-5-10 22:00 | |
Tether’s Q1 2023 report states record $2.44b reserve surplus and $1.48b net profit
Tether Holdings Limited's latest Q1 2023 assurance report, completed by global independent public accounting firm BDO Italia, reveals an all-time high of $2.44 billion in excess reserves, up $1.48 billion from the previous quarter. дальше »
2023-5-11 19:38 | |
Switzerland’s Banque SYZ unveils crypto fund with CMCC Global
Syz Group is launching a $50 million fund in collaboration with Hong Kong’s venture capital firm, CMCC Global. The fund, which is scheduled to go live on July 1, will invest in crypto-focused hedge funds. дальше »
2023-4-24 19:59 | |
As Ripple vs SEC Verdict Nears, $1 XRP Price Looks Nigh Following Launch Of Ripple’s Liquidity Hub
According to the firm, the new hub aims to provide global access to digital asset payout rails from various market makers, exchanges, and over-the-counter trading desks. дальше »2023-4-18 20:11 | |
Construction Giant XCMG Selects Conflux for NFTs and Future Global Blockchain Applications
Third-largest construction machinery manufacturer in the world, XCMG Construction Machinery Co. , Ltd. (000425. SZ), has partnered with Singapore-based blockchain and fintech firm Zen Spark Technology Pte Ltd and Conflux, a renowned blockchain network, to explore the international applications of blockchain and Web3 technologies. дальше »
2023-3-28 00:34 | |
Crypto Advocate Sees 'Silver Lining' for the Industry in SEC's Warning to Coinbase
Should the government agency follow through with its Wells notice, the outcome could lead to more rules of the road for crypto, Brett Quick, head of government affairs at the global alliance firm, said. дальше »
2023-3-24 21:28 | |
Crypto Trading Firm Auros Secures $17M Investment as It Recovers From FTX Woes
Auros Global, the trading firm that reportedly lost $20 million on FTX’s implosion, was released from provisional liquidation of British Virgin Island court after major debt restructuring and a fresh $17 million investment led by TradFi trading firm Vivienne Court and bitcoin miner Bit Digital. дальше »
2023-3-21 03:42 | |
Credit Suisse Shares Drop Nearly 25%, Is Bitcoin Gearing For Another Rally?
As the global bank crisis spreads, Credit Suisse Group AG, a Switzerland-based global investment bank and financial services firm, seems to have been caught in the contagion, which could lead to more gains for Bitcoin and the crypto market. дальше »
2023-3-15 23:00 | |
Gate.io Plans To Enter Hong Kong After Gov. Allocates $6.4 M For Web 3 Space
Gate Group, the parent company of the Gate. io crypto exchange, becomes the latest to apply for a license in Hong Kong. The firm joins Huobi Global, OKX, and Bitget, seeking approval in the regime due to crypto-friendly policies. дальше »
2023-2-24 23:08 | |
Tencent Cloud Announces New Web3 Initiatives
Could China’s sentiment around crypto be a turning tide? A move from Tencent Cloud this week could certainly suggest so. An unexpected investment in web3-related tools will hit the market from Tencent Cloud’s team, positioning the Chinese tech firm alongside the ranks of other global tech firms to make recent strides in web3, such as […] дальше »
2023-2-23 00:40 | |
Ripple’s CTO confirms ‘never happening’ proposal as XRP momentum slides
Ripple’s development head held the firm’s ground on the global reserve currency proposal. XRP’s momentum drifted towards the reds. A section of the Ripple [XRP] community has long hopeThe post Ripple’s CTO confirms ‘never happening’ proposal as XRP momentum slides appeared first on AMBCrypto. дальше »
2023-2-7 23:30 | |
France shifts its firm stand on crypto licensing
French lawmakers have voted to make it mandatory for bitcoin (BTC)-linked businesses in France to abide by strict consumer protection rules and comply with the statutes of the incoming MiCA regulation beginning in 2024. The global shock that came with… дальше »
2023-1-25 10:55 | |
Genesis Global files for bankruptcy
The parent firm of embattled crypto lender Genesis Global Capital, Genesis Global Holdco, LLC, filed for Chapter 11 bankruptcy protection in New York federal district court. FTX collapse, the breaking point for Genesis Genesis Global Holdco, LLC estimated in a… дальше »
2023-1-20 10:17 | |
QCP Capital Posts 2023 Crypto Forecast: 3 Themes To Watch
Trading desk QCP Capital recently published its 2023 crypto forecast on their latest edition of “Just Crypto. ” The firm highlighted this past year’s key moments, their potential impact going into a new year, and possible future digital assets and the global market. дальше »
2022-12-29 04:00 | |
Crypto firm Auros discloses provisional liquidation, thanks to FTX
Auros suffered from a $20 million exposure in the FTX debacle. The company found itself in a situation where immediate liquidity was insufficient to meet lender recalls. The troubled global The post Crypto firm Auros discloses provisional liquidation, thanks to FTX appeared first on AMBCrypto. дальше »
2022-12-21 11:30 | |
Binance.US To Pay $1.02 Billion To Get Insolvent Voyager Digital’s Assets
Binance.US, the American entity of the eponymous global exchange, has agreed to buy the assets of the now-bankrupt crypto brokerage firm Voyager Digital for a whopping $1.022 billion. дальше »2022-12-20 20:18 | |
Kraken’s CEO Slams Binance’s Proof Of Reserves System Even After “Merkle Tree Audit”
Day’s after publishing the so-called Proof-Of-Reserves, Binance released a new report on Wednesday showing that its customer’s Bitcoin reserves are overcollateralized. The report which was prepared by South Africa-based global financial audit firm Mazars showed that as of November 22, Binance’s users collectively held 575,742. дальше »
2022-12-12 19:53 | |
Circle terminates $9bn merger with Concord
The global financial technology firm Circle and the special purpose acquisition company (SPAC) Concord have mutually agreed to terminate their proposed merger. Circle and Concord’s long-lasting merger canceled Circle Internet Financial (Circle) and Concord Acquisition Corp. (Concord) announced today, December… дальше »
2022-12-6 22:13 | |
Cryptocurrency firm Auros Global misses DeFi payment, thanks to FTX
Cryptocurrency trading firm Auros Global has missed a loan repayment of 2,400 Wrapped Ether (wETH) worth $3 million. The update was shared by the institutional credit underwriter M11 Credit which manaThe post Cryptocurrency firm Auros Global misses DeFi payment, thanks to FTX appeared first on AMBCrypto. дальше »
2022-12-1 13:30 | |
Crypto trading firm Auros Global misses DeFi payment due to FTX contagion
Auros is an algorithmic trading and market-making firm that provides liquidity for exchanges and token projects.
дальше »2022-12-1 07:19 | |
Genesis Probed by Alabama State Regulator
The Alabama Securities Commission and other state regulators are probing Genesis Global Capital. Alabama Leads Genesis Investigation Genesis is under investigation. The crypto lending firm suspended redemptions and new loan... дальше »
2022-11-26 01:22 | |
Crypto Fund Sino Global Had Deep Ties to FTX Beyond Equity Investment
A prominent Asia-based crypto investment firm, Sino holds many of the tokens hardest hit by the unraveling of Sam Bankman-Fried's FTX crypto empire. FTX was also a key partner on a big fund Sino raised with outside investors' capital. дальше »
2022-11-20 02:42 | |
Genesis Sought $1B Loan Before Halting Redemptions
Early this week, crypto lending firm Genesis sought a $1 billion emergency loan from investors without success before halting withdrawals Wednesday. Genesis Sought Emergency Loan Genesis Global Trading sought an... дальше »
2022-11-18 02:24 | |
$2.8B Crypto-Focused Lending Firm Genesis Halts Withdrawals Fearing A FTX-Induced Bank Run
Genesis Global Capital, the crypto lending unit for crypto investment bank Genesis Trading has decided to halt withdrawals in the wake of the FTX collapse. On Wednesday morning, Genesis held a 7-minute call with customers informing them that withdrawal requests for Genesis Capital had exceeded their liquidity capital. дальше »
2022-11-17 12:21 | |
Metaverse Market Size to Grow by $107.06 Billion by 2027, Asia Pacific Region to Lead – Report
The global metaverse market share is set to increase by $107.06 billion from 2023 to 2027, according to a report by leading global research firm Technavio Research. The report, which draws its analysis from five regions including North America, Europe, APAC, South America, and the Middle East and Africa further projects the market’s Year-Over-Year growth rate to hit 20.59% during the forecast period. […] дальше »
2022-11-16 15:20 | |
Gate.io Proof-of-Reserves Audit Shows User Asset Reserves Exceed 100%
Majuro, Marshall Islands, 9th November, 2022, Chainwire The global cryptocurrency exchange Gate. io has proven that it holds 108% of total user BTC assets in its reserves, according to the independent third-party firm Armanino LLP, which released the findings in a report following the completion of a proof-of-reserves assessment. дальше »
2022-11-9 10:01 | |
MarketAcross To Join Benzinga’s Future Of Crypto Summit As Global Media Partner
MarketAcross, the premier blockchain PR and marketing firm, is the official global media partner for the Future of Crypto conference, organized by Benzinga. The event is a new Benzinga initiative which wants to focus on the broader cryptocurrency industry, including DeFi and NFTs. дальше »
2022-11-8 15:08 | |
Gate.io Proof-of-Reserves attestation shows user asset reserves exceed 100%
The global cryptocurrency exchange Gate. io has proven that it holds 108% of total user BTC assets in its reserves, according to the independent third-party firm Armanino LLP, which released the findinThe post Gate. дальше »
2022-11-8 12:45 | |
Circle expands support of Euro Coin to Solana
Circle, the issuer of USD Coin (USDC) and Euro Coin, is expanding access to Cross-Chain Transfer Protocol, its new permissionless cross-chain infrastructure, the global fintech firm announced during Solana Breakpoint today. дальше »
2022-11-8 17:12 | |
Binance Aids Transfers Worth $7.8 Billion Since 2018 From Iranian Citizens Despite U.S. Regulations
Blockchain data reveals that cryptocurrency firm Binance has handled $8 billion in Iranian transactions since 2018. This move is despite U. S. sanctions aimed at isolating Iran from the global financial system. дальше »
2022-11-5 05:00 | |
Crypto Lending Dropped 80% In Q3, Genesis Trading Report Reveals
Genesis Trading, a leading global crypto brokerage firm reported an 80% plunge in its lending segment, taking the third consecutive beating in Q3 following the sharp decline in the digital asset market this year. дальше »
2022-11-2 20:37 | |
UK High Court shutters crypto firm PGI Global for alleged scam involvement
Popular cryptocurrency trading firm PGI Global UK has been closed down by a high court in the United Kingdom, according to a press release issued by United Kingdom authorities, The court issued the directive following the firm’s alleged involvement in a crypto scam. дальше »
2022-10-28 20:21 | |
Binance Breaks Guinness Record by Hosting World’s Largest Crypto Class
Leading global crypto exchange platform, Binance, teamed up with Mexican recruiting firm Talent Network to conduct the largest crypto lesson, breaking the Guinness World Record. дальше »
2022-10-11 15:00 | |