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Terraform deems South Korea’s Do Kwon arrest warrant ‘unfair’
Terraform Labs have described the South Korean prosecutor’s arrest warrant for its CEO Do Kwon as an overreach of their authorities, The Wall Street Journal reported September 28 Citing a Terraform statement, WSJ wrote that a spokesman for the firm claimed that the failed Luna crypto asset was not a security, so South Korea’s capital-markets law […] The post Terraform deems South Korea’s Do Kwon arrest warrant ‘unfair’ appeared first on CryptoSlate. дальше »
2022-9-29 00:46 | |
California Hits Nexo With Cease & Desist Notice, Citing Investor Protection Issues
The California Department of Financial Protection (DFPI) has issued a cease and desist order against crypto lender Nexo Group for offering yield-bearing accounts. The post California Hits Nexo With Cease & Desist Notice, Citing Investor Protection Issues appeared first on BeInCrypto. дальше »
2022-9-27 00:53 | |
Going South: Crypto Mining Company Compute North Goes Bankrupt
Crypto mining data center company Compute North is the latest casualty in the ongoing harsh crypto winter that has of late forced some of the biggest crypto companies to close shop. Compute North filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Southern District of Texas on Friday, citing mounting pressure […] дальше »
2022-9-25 15:57 | |
Bitcoin Mining Firm Compute North Files for Chapter 11 Bankruptcy
Compute North Holdings, a firm that offers data center services to cryptocurrency miners and blockchain firms, filed for bankruptcy in Texas. Compute North Applies for Bankruptcy Compute North, a Bitcoin mining hosting firm, has filed for chapter 11 bankruptcy, citing… дальше »
2022-9-23 14:10 | |
Binance CEO Hails White House Crypto Framework, Citing ‘Responsible Innovation’
Binance CEO Chanpeng Zhao has praised the digital assets report from the White House, saying it shows initiative on the part of the US government. The post Binance CEO Hails White House Crypto Framework, Citing ‘Responsible Innovation’ appeared first on BeInCrypto. дальше »
2022-9-18 12:00 | |
Where Is Do Kwon? Terra Chief Reportedly Flees Singapore
According to Reuters, Terra’s founder, Do Kwon, is reportedly not in Singapore, citing the Singapore Police Force. According to local media reports, Singapore Police stated that “the wanted crypto developer Do Kwon was not currently in the city-state. дальше »
2022-9-18 21:31 | |
Norwegian town wants 'noisy' Bitcoin miner out, CEO responds
A municipality in Norway is using all means necessary to avoid “energy-sucking” Bitcoin miners establishing further operations, citing noise complaints and energy concerns. дальше »
2022-9-16 12:30 | |
Fidelity Continues Bitcoin Push With Potential Brokerage and Trading Platform Plans
The Wall Street Journal reported that Fidelity Investments may allow retail investors to trade bitcoin, citing sources familiar with the matter. The post Fidelity Continues Bitcoin Push With Potential Brokerage and Trading Platform Plans appeared first on BeInCrypto. дальше »
2022-9-13 08:36 | |
Huobi delists seven privacy tokens, citing compliance policies
Crypto exchange Huobi has announced plans to delist seven privacy tokens in compliance with new regulatory policies. The post Huobi delists seven privacy tokens, citing compliance policies appeared first on CryptoSlate. дальше »
2022-9-13 20:03 | |
Tether (USDT) Seek Termination of Legal Firm Linked to Avalanche (AVAX)
Tether (USDT) has requested that Roche Freedman, the legal firm accused of holding a “secret pact” with Avalanche (AVAX), be terminated from a class action suit brought against the stablecoin issuer, citing a conflict of interest. дальше »
2022-9-3 22:30 | |
dYdX Cancels $25 Deposit Bonus Campaign After Twitter Roasts Webcam ‘Liveness Check’
Citing “extremely overwhelming demand,” the decentralized trading platform dYdX has ended a deposit scheme promotion which required its users to verify their identity by webcam. The post dYdX Cancels $25 Deposit Bonus Campaign After Twitter Roasts Webcam ‘Liveness Check’ appeared first on BeInCrypto. дальше »
2022-9-3 18:30 | |
Crypto community lambasts dydx’s new facial verification requirement
Decentralized exchange dYdX (DYDX) has discontinued its new $25 deposit promo citing “overwhelming demand,” and denied claims that the DEX now required users’ verification. The post Crypto community lambasts dydx’s new facial verification requirement appeared first on CryptoSlate. дальше »
2022-9-2 15:20 | |
FASB crypto accounting rules to exclude NFTs, some stablecoins – WSJ
The Financial Accounting Standards Board (FASB) will not include NFTs and some stablecoins in its crypto accounting review, The Wall Street Journal reported on August 31, citing sources. The post FASB crypto accounting rules to exclude NFTs, some stablecoins – WSJ appeared first on CryptoSlate. дальше »
2022-9-1 13:03 | |
Thailand’s SCB Scraps Bitkub Takeover Deal Citing Regulatory Issues
Thailand's oldest lender has pulled out of a $500 million deal to buy cryptocurrency exchange Bitkub, which had been delayed since July. The post Thailand’s SCB Scraps Bitkub Takeover Deal Citing Regulatory Issues appeared first on BeInCrypto. дальше »
2022-8-25 18:30 | |
Tencent Shuts Down China NFT Platform Citing Increasing Scrutiny
Chinese social media giant Tencent Holdings has closed its non-fungible tokens (NFT) platform Huanhe after just one year of operation. The move comes as regulatory scrutiny of NFTs mounts in the country. дальше »
2022-8-16 12:00 | |
BlueBenx fires employees, halts funds withdrawal citing $32M hack
BlueBenx’s lawyer, Assuramaya Kuthumi, revealed that the attack resulted in the loss of $32 million, which many investors found hard to believe. дальше »
2022-8-14 08:18 | |
Report Claims Ripple Labs Might Be Looking at Acquiring Celsius; Here’s What We Know
Reuters reported that Ripple Labs could potentially buy assets of the defunct cryptocurrency lender Celsius Network, citing a company representative. The post Report Claims Ripple Labs Might Be Looking at Acquiring Celsius; Here’s What We Know appeared first on BeInCrypto. дальше »
2022-8-11 06:30 | |
Another One Bites The Dust: German Crypto Bank Nuri Files For Insolvenzrecht
German cryptocurrency-focused bank Nuri has revealed that it has filed for bankruptcy, citing the protracted crypto winter. Customers’ access to the platform’s services and their funds have not been hampered, according to the firm. дальше »
2022-8-11 00:15 | |
German crypto bank Nuri files for insolvency citing a “lasting strain”
Nuri, a German startup crypto bank, yesterday evening announced that it had filed for… The post German crypto bank Nuri files for insolvency citing a “lasting strain” appeared first on CoinJournal. дальше »
2022-8-10 11:39 | |
Hodlnaut Halts Customer Withdrawals, Becomes Latest Exchange To Plunge Into Crisis
Hodlnaut stopped offering exchange services on its platform on Monday, citing liquidity crisis and the need to discuss a recovery strategy with a legal advisory firm as the industry battles to survive in the wake of a collapse in the price of cryptocurrencies. дальше »
2022-8-9 01:08 | |
Singapore-Based Hodlnaut Halts Withdrawals Citing ‘Market Conditions’
Crypto lender Hodlnaut has halted withdrawals, token swaps, and deposits for its users. The Singapore-based platform stated that it reached this “difficult decision” on the back of recent “market conditions”. дальше »
2022-8-9 18:00 | |
Singapore-based Hodlnaut freezes customer accounts, drops license application
Singapore-based crypto lending platform Hodlnaut announced a freeze on withdrawals citing declining market conditions. The post Singapore-based Hodlnaut freezes customer accounts, drops license application appeared first on CryptoSlate. дальше »
2022-8-8 16:00 | |
Jack Dorsey-led Block posts $1.5B in Q2 profits, BTC revenue down
Block Inc. posted $1.47B worth of profit in Q2 but BTC trading services profit only accounted for $41 million of that figure, with the firm citing price volatility and a lack of consumer demand. дальше »
2022-8-5 06:05 | |
Robinhood cuts a further 23% of its workforce citing “Broad Crypto Market Crash”
Robinhood Markets Inc. (NASDAQ: HOOD), on Tuesday, announced that it will have to lay off a further 23% of its workforce after laying off 9% at the beginning of this year. The online brokerage firm blamed the declining crypto market for the drastic move. дальше »
2022-8-3 13:43 | |
Babel lost over $280M trading with customer funds; wants to raise up to $300M
Embattled crypto lender Babel Finance lost over $280 million while trading with customer funds, The Block reported July 29, citing the firm’s restructuring proposal deck. The post Babel lost over $280M trading with customer funds; wants to raise up to $300M appeared first on CryptoSlate. дальше »
2022-7-29 18:00 | |
Lawmakers delay voting on US bill to regulate stablecoins till September
United States lawmakers have delayed the vote on a bipartisan bill on stablecoin regulation until at least September, The Wall Street Journal reported, citing people familiar with the matter. The post Lawmakers delay voting on US bill to regulate stablecoins till September appeared first on CryptoSlate. дальше »
2022-7-26 19:41 | |