2023-9-5 13:48 |
The cybersecurity bill’s latest version reportedly contains ways to “track and neutralize” crypto and digital assets stolen by North Korea, according to a local media report.
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Sanctions against North Korea due to its nuclear programs have led to the country engaging in crypto theft. In 2023, North Korean hackers stole around $200 million in crypto year-to-date, as peThe post South Korea aims to freeze North Korea's crypto assets: Report appeared first on AMBCrypto.
2023-9-4 17:00 | |
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The industry push for an ether spot ETF will follow immediately after a bitcoin ETF approval since ETH has a similar market structure of a traded CME futures market and a spot market, the report said.
2023-9-4 13:13 | |
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LSE is considering using a separate entity for the blockchain-based markets business, according to the Financial Times.
2023-9-4 09:02 | |
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Cryptocurrency has long been a contentious subject in China, with the government imposing strict regulations and outright bans on various aspects of the industry. However, a recent report from China’s People’s Court challenges this historical stance, offering newfound recognition to virtual assets as legal property.
2023-9-2 18:00 | |
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The report affirms that existing Chinese law legally recognizes virtual assets as property. This recognition is particularly noteworthy considering China's prior stance on foreign digital assetThe post China's courts recognize virtual assets as legal property appeared first on AMBCrypto.
2023-9-2 13:30 | |
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Сообщение Chinese Court Affirms Legality of Virtual Assets, Grants Legal Protection: Report появились сначала на Coinstelegram.
2023-9-2 20:06 | |
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A recent report from China identifies digital assets, including crypto, as legal properties within the country's legal framework.
2023-9-1 15:42 | |
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Despite a blanket ban on cryptocurrencies imposed by Beijing in 2021, many Chinese courts over the years have established that virtual asset holders have property rights.
2023-9-2 14:22 | |
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Digital assets investment products saw outflows of $168 million last week, $146 million of which was for Bitcoin. It’s the largest weekly outflows total since March 2023, according to a report by CoinShares.
2023-8-29 16:36 | |
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The US Treasury Department has recently published a proposed rule requiring cryptocurrency brokers, including exchanges and payment processors, to report user information regarding sales and exchanges of digital assets to the Internal Revenue Service (IRS).
2023-8-26 21:03 | |
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Over the years, different modes of investments have emerged for digital assets such as Bitcoin in a bid to get the most returns. Mostly, investors have tried to ‘buy the bottom and sell the top’. However, Bitcoin’s performance has proven that there is no way to accurately predict the bottom and catch the top of […]
2023-8-25 08:00 | |
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The government of Cheongju City, located in the central region of South Korea, is looking to confiscate virtual assets such as Bitcoin from tax evaders. According to a local media report on August 22, the city authorities sought cooperation from seven crypto exchanges, including Upbit and Bithumb, to punish these delinquents. These exchanges have been […]
2023-8-23 01:00 | |
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The global crypto market already boasts an impressive market cap of over $1 trillion. However, a report from Northern Trust in collaboration with HSBC, says that this figure could still rise exponentially, and a Wall Street analyst has suggested that XRP is the coin to buy to take advantage of this growth. Digital Assets To […]
2023-8-22 20:00 | |
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Digital asset investment products experienced a significant outflow of funds this week, totaling $55 million, according to the weekly report by CoinShares. Analysts, including James Butterfill, believe the market’s reaction is due to the disappointment from recent media reports indicating a delay by the US Securities & Exchange Commission in approving a US spot-based ETF.
2023-8-21 16:08 | |
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A 26-year-old crypto thief who stole cryptocurrencies using the SIM-swap attack has been ordered to prison for three years. The Pennsylvania-based attacker, Anthony Faulk, used the SIM-swap technique to steal $20 million worth of crypto assets. Per the report, he…
2023-8-21 12:58 | |
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Indian authorities are intensifying their crackdown on gaming and betting applications using cryptos and offshore companies to evade taxes. According to a report from The Economic Times, several agencies are investigating networks of dummy companies that allegedly use crypto assets…
2023-8-16 13:51 | |
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New capital will enter the market from fresh stablecoin supply, tokenization of traditional assets, native crypto infrastructure tokenization and ETFs, the report said.
2023-8-14 13:08 | |
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Latvijas Banka highlighted the decline in interest and use of cryptocurrency among Latvians in its “Financial Stability Report” for 2023. Only 4% of people, down significantly from the 8% seen in February 2022, bought crypto assets, the central bank study claims.
2023-8-6 17:15 | |
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Sen. Elizabeth Warren was part of a group of lawmakers who pushed for provisions against crypto mixers and privacy coins in the National Defense Authorization Act in July.
2023-8-5 22:00 | |
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According to a report by CCData, a digital assets data provider, crypto trading volumes on centralized exchanges in July fell to their lowest this year as the bear market lingers. Spot trading volumes dipped by 10.
2023-8-5 20:00 | |
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Bloomberg reported Aug. 1, that bankrupt crypto firm Voyager may have fallen victim to a cyber attack when withdrawals were briefly reopened for users, That report cited Voyager lawyer Darren Azman, who said the firm allowed customers to withdraw their assets for 30 days amidst bankruptcy proceedings.
2023-8-2 04:00 | |
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Fitch downgraded the U.S. credit rating to AA+. A similar downgrade by S&P in early August 2011 had cratered risk assets, including bitcoin.
2023-8-3 01:12 | |
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Last week saw a 223% increase in outflows from digital asset products. Leading coins BTC and ETH both logged outflows, while other alts saw inflows. As leading crypto assets continued toThe post Digital assets report: Outflows shoot up as traders hunt for profits appeared first on AMBCrypto.
2023-8-1 12:30 | |
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The latest cryptocurrency report speculates mining retailer Phoenix Technology plans to go public in the United States Emirates. That could see Phoenix becoming the first publicly listed digital assets company in UAE.
2023-7-29 15:45 | |
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OKX, a leading crypto exchange, has released its ninth Proof of Reserves (PoR) report that shows a balance of $11. 3 BILLION IN ETH, BTC and USDT. According to the team, this is its best ninth consecutive monthly PoR.
2023-7-27 21:11 | |
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The altFINS team, renowned for their in-depth and impartial technical analysis, has turned their focus to two prominent digital assets: AAVE and DOT. This comprehensive report will delve into these cryptocurrencies’ complex trading patterns, trends, and momentum.
2023-7-26 18:06 | |
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Avalanche Foundation wants to promote tokenization on Avalanche with the $50 million program. The tokenized assets initiative is dubbed Avalanche Vista. A recent survey report suggested 77% of capital markets participants believe in tokenization of securities.
2023-7-25 19:24 | |
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The U.S. central bank has been telegraphing its intent to renew rate hikes for weeks. The Personal Consumption Expenditures report arrives Friday, but cryptos and other risk-on assets have been largely immune to macro events.
2023-7-25 03:00 | |
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For years, Bitcoin and crypto have long been regarded as independent assets, detached from traditional financial markets. However, a research report by Grayscale, a prominent digital asset investment firm, uncovers a significant transformation in this paradigm over the past three years.
2023-7-21 09:10 | |
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Tesla reported no change to its digital asset holdings during its Q2 2023 investor report, as seen in its shareholder deck on July 19. That document indicates that Tesla held $184 million worth of digital assets on June 30, the same amount that it held at the end of March 2023 and December 2022.
2023-7-20 03:35 | |
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The court’s decision weakens the SEC’s stance that the securities law is clear and no separate clarity is required for digital assets, the report said.
2023-7-14 09:55 | |
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Ripple is best known for its XRP cryptocurrency and global payments network, but it is now setting its sights on the tokenized assets market. In its 2023 New Value report, the company believes blockchain technology can unlock trillions of dollars of value in the global financial system by tokenizing real-world assets like stocks, bonds, and real estate.
2023-7-14 22:00 | |
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According to a recent report by VentureBeat, Google Play has updated its policies to allow blockchain-based digital content, including non-fungible tokens (NFTs) and other tokenized digital assets, in its app store.
2023-7-13 01:00 | |
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On July 6, 2023, the Multichain Protocol was hit by a massive hack, resulting in the loss of over $125 million worth of cryptocurrency. The attack targeted the protocol’s Fantom bridge, resulting in the theft of valuable crypto assets like WBTC, USDC, DAI, wETH, and Link.
2023-7-12 03:00 | |
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Leading coins BTC and ETH logged inflows last week. Short BTC and Short ETH, on the other hand, posted outflows. Inflows from digital asset investment products totaled $136 million last weekThe post Digital assets report: Inflows rise even as crypto market stagnates appeared first on AMBCrypto.
2023-7-11 15:30 | |
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The European Union (EU) is making significant progress in the reform of its banking regulations, with a particular focus on bitcoin (BTC) and cryptocurrencies. The EU is now mandating that banks publicly disclose their holdings of crypto assets.
2023-7-2 12:53 | |
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Approximately $215 million of stolen assets have since been recovered.
2023-7-1 23:25 | |
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Institutional investors are paying more attention to cryptocurrencies and digital assets. According to a recent survey report by Binance Research and Binance VIP & Institutional, 88% of institutional users have a long-term, optimistic outlook on crypto for the next decade.
2023-6-30 17:00 | |
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While the U.S. grapples with a fragmented and turbulent regulatory environment for digital assets, some of Canada’s lawmakers are attempting a more holistic approach. The Canadian House of Commons’ Standing Committee on Industry and Technology has published a comprehensive report on blockchain technology, including a series of recommendations to the Government of Canada to support […] The post Canadian lawmakers publish recommendations in support of blockchain adoption appeared first on CryptoSlate.
2023-6-29 06:00 | |
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A legacy cryptocurrency wallet associated with Prime Trust has been blocked, and the team cannot access assets worth roughly $45 million, Arkham Intelligence data on June 28 shows. As per the report, most of the assets consist of Ethereum, valued at over $44 million at current rates.
2023-6-29 04:00 | |
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A new TRM Labs report found that Bitcoin's role in crime is ceding ground to multi-chain assets. The post Only 19% of Crypto Crimes in 2022 Used Bitcoin, New Report Finds appeared first on BeInCrypto.
2023-6-29 19:30 | |
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Digital assets, such as cryptocurrencies, could be classified under a new category of personal property, the Law Commission of England and Wales said in its final recommendation report to the government.
2023-6-28 12:07 | |
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Tracing funds is highly challenging, according to the FTX Debtors’ second interim report, and there is no doubt that that was by design.
2023-6-27 23:32 | |
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A new report has revealed that Swiss prosecutors have seized around $26 million in digital assets from disgraced Terra founder, Do Kwon. The post Do Kwon Assets Seized in Switzerland Following Imprisonment in Montenegro appeared first on BeInCrypto.
2023-6-26 16:00 | |
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The IMF believes that countries in LAC see central bank digital currencies (CBDCs) as a better option to improve their payment systems compared to cryptocurrencies which are considered riskier assets
2023-6-23 11:11 | |
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Crypto assets are subject to tax and must be tracked and reported to the IRS. This comprehensive tax guide contains everything you need to know.
2023-6-21 18:42 | |
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A report from the investors’ service pointed to a political divide in language on bills concerning stablecoins and providing a comprehensive framework for digital assets.
2023-6-21 23:30 | |
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Investment bank Deutsche Bank AG has applied to provide cryptocurrency custody services in Germany, per a June 20 Bloomberg report. Deutsche Bank’s head of commercial banking unit, David Lynne, reportedly confirmed the bank’s application during a conference on Tuesday, saying: “We’re building out our digital assets and custody business.
2023-6-20 17:34 | |
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Cryptocurrency exchanges in Japan have urged the authorities to loosen the regulations surrounding margin trading activities, according to a June 20 Bloomberg News report. JVCEA eyes higher leverage limits Japan Virtual and Crypto Assets Exchange Association (JVCEA), a body tasked with self-regulating the crypto industry, argued that its members want higher leverage limits for retail […] The post Japan’s crypto exchanges push for relaxed margin trading rules to attract new investors appeared first on CryptoSlate.
2023-6-20 14:25 | |
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In a recent development, North Korean hackers associated with the notorious Lazarus Group have exploited the coin-mixing service Tornado Cash to launder approximately $12 million worth of stolen Ethereum (ETH) within the past 24 hours.
CoinsPaid, a cryptocurrency payments company headquartered in Estonia, has raised suspicions that the Lazarus Group, a group of hackers from North Korea, managed to breach its systems by utilizing deceptive recruiters who targeted company employees.
A major American tech firm was recently hacked by a North Korean cybercriminal ring attempting to target its crypto-based customers. In its company blog, Jumpcloud, an IT management company based in Louisville, Colorado, reported that hackers from North Korea broke into its system in late June.
The FBI also confirmed earlier reports this month by figures such as ZachXBT that the hackers had started moving a large chunk of the funds around via privacy protocols.
North Korean hackers are taking it a notch higher by pretending to be venture capitalists to steal from cryptocurrency startups. BlueNoroff, the name given by cybersecurity experts to a crew associated with the North Korean government-funded hacking operation Lazarus Group, has expanded its target list to include venture capital firms, cryptocurrency startups, and banks, a report by cybersecurity […]
North Korea seems to be using hacked funds to finance their new nuclear adventures. This is according to a new investigation that involves U.S. Intelligence. The post North Korea Uses Crypto Hack Funds to Develop Nuclear Weapons appeared first on BeInCrypto.