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Revolut to terminate US crypto services due to regulatory challenges
Key takeaways Fintech firm Revolut is set to terminate its cryptocurrency services to users in the United States. The firm cited the current regulatory environment as the reason behind its exit. Revolut to halt crypto services in the US UK fintech firm Revolut has revealed that it would no longer provide cryptocurrency services to its […] The post Revolut to terminate US crypto services due to regulatory challenges appeared first on CoinJournal. дальше »
2023-8-4 17:45 | |
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Voyager may have suffered hack, data leak during reopened withdrawal period
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. дальше »
2023-8-2 04:00 | |
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No impact from Ripple ruling? SEC chair cites risks from crypto in budget request
Gary Gensler cited the “Wild West of the crypto markets” that was “rife with noncompliance” in requesting more than $2.4 billion for the commission’s 2024 fiscal budget. дальше »
2023-7-20 00:23 | |
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Nasdaq suspends the launch of its own cryptocurrency custody
Nasdaq had announced it will launch the crypto custody services before the end of Q2, 2023. The global securities marketplace has however suspended launching the services. Nasdaq has cited the shifting business and regulatory environment in the United States. дальше »
2023-7-19 17:15 | |
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Coinbase stock could sink all the way back to $60 – analyst says
Piper Sandler downgraded Coinbase Global Inc on Wednesday. Analyst Patrick Moley cited regulatory uncertainty for dovish view. Coinbase stock has gained close to 60% over the past thirty days. Coinbase Global Inc has been an absolute delight for shareholders over the past thirty days but a sharp downturn is likely moving forward, as per a […] The post Coinbase stock could sink all the way back to $60 – analyst says appeared first on CoinJournal. дальше »
2023-7-6 20:51 | |
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Australian ASIC conducts searches at Binance Australia offices
The Australian Securities and Investments Commission (ASIC) searched Binance Australia offices on Tuesday. According to reports, which cited unnamed people with knowledge of the situation, the investigation was a component of an ongoing investigation into Binance’s now-defunct Australian derivatives business. дальше »
2023-7-5 11:35 | |
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Belarus wants to ban P2P cryptocurrency transactions
The Ministry of Foreign Affairs of the Republic of Belarus cited a high crypto crime rate for banning all citizens from exchanging Bitcoin with each other. дальше »
2023-7-3 12:10 | |
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Solana NFT protocol Cardinal to halt operations in August
Solana-based (SOL)protocol Cardinal, which pioneered “conditional ownership” in NFTs, has announced that it would end operations effective August 26. The team cited the “incredibly difficult macroeconomic environment” as its reason, according to a June 28 Twitter thread. дальше »
2023-6-30 19:23 | |
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FTX’s $500m stake sale in AI startup delayed, hampering $2b deficit recovery
FTX’s sale of its $500 million stake in Anthropic, an AI startup, has been halted, making it harder for the bankrupt crypto exchange to address its $2 billion deficit. According to insiders familiar with the matter cited by Bloomberg on… дальше »
2023-6-28 11:35 | |
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FTX pauses sale of stake in AI firm Anthropic, once purchased for $500m
FTX has suspended a planned sale of its stake in the artificial intelligence firm Anthropic, according to a Bloomberg report on June 27. The sale could have raised “nine figures” FTX’s stake in Anthropic was expected to sell for “nine figures,” based on secondary reports cited by Bloomberg. дальше »
2023-6-28 11:00 | |
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Fidelity Takes The Leap: Prepares Spot Bitcoin ETF Filing
Fidelity, one of the largest asset managers in the world, is reportedly preparing to submit its filing for a spot Bitcoin (BTC) exchange-traded fund (ETF). According to an anonymous source cited by The Block, the filing could be submitted as early as Tuesday. дальше »
2023-6-27 18:48 | |
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America is Falling Behind in World Economic Freedom Rankings
The US has fallen to 25th in global economic freedom rankings, with excessive government spending and regulations cited as key factors. Singapore currently tops the list for economic freedom. The post America is Falling Behind in World Economic Freedom Rankings appeared first on BeInCrypto. дальше »
2023-6-26 09:07 | |
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Shiba Inu Burn Twitter account suspended amid transparency concerns
In an unexpected development in the cryptocurrency community, Shiba Inu lost its burn Twitter account (Shibburn). The Developer Portal message cited violation of Twitter policies and rules. The event has attracted attention as the account holders tagged the new Twitter CEO Linda Yaccarino and Elon Musk, asking for a resolution. дальше »
2023-6-24 12:12 | |
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Shiba Inu Burn Twitter account suspended for violating rules
In an unexpected development in the cryptocurrency community, Shiba Inu lost its burn Twitter account (Shibburn). The Developer Portal message cited violation of Twitter policies and rules. The event has attracted attention as the account holders tagged the new Twitter CEO Linda Yaccarino and Elon Musk, asking for a resolution. дальше »
2023-6-25 12:12 | |
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Bitcoin miner Core Scientific files for bankruptcy plan
Core Scientific stated that its liquidity got a boost since filing for chapter 11 bankruptcy. It cited rising Bitcoin prices, increased network hash rate, and lower energy costs as reasons for The post Bitcoin miner Core Scientific files for bankruptcy plan appeared first on AMBCrypto. дальше »
2023-6-21 16:30 | |
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BlackRock’s New Strategy: This Could Be The Key To Securing Bitcoin ETF Approval
BlackRock, the world’s largest asset manager, applied with the US Securities and Exchange Commission (SEC) for its iShares Bitcoin (BTC) Trust to be listed and traded on the Nasdaq stock exchange. However, the SEC has previously expressed concerns about the potential for market manipulation related to Bitcoin prices and has cited this as a reason for […] дальше »
2023-6-17 23:00 | |
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Apple Rejects Bitcoin Wallet Zeus a Day After Threatening to Delist Damus
The tech giant cited transmission of a virtual currency without necessary licenses and permissions as the primary reason for the app’s rejection, according to Zeus’ founder. дальше »
2023-6-15 00:13 | |
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Investing Platform eToro to Delist 4 Cryptocurrencies for U.S. Users Next Month
eToro cited "recent developments" as the reason for the move, referring to the SEC's legal action against Coinbase and Binance and the regulator labelling certain cryptocurrencies as securities. дальше »
2023-6-14 11:36 | |
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Investing Platform eToro to Delist Four Cryptocurrencies for U.S. Users Next Month
eToro cited "recent developments" as the reason for the move, referring to the SEC's legal action against Coinbase and Binance and the regulator labelling certain cryptocurrencies as securities. дальше »
2023-6-13 11:36 | |
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Booming AI demand spurs AI-based crypto growth amid the current US SEC onslaught
The rising demand for artificial intelligence (AI) chips, cited in Nvidia’s report towards the end of May, has spurred the growth of AI-based cryptocurrencies. The overall rally in the S&P 500 and Nasdaq Composite driven by Nvidia Corporation (NASDAQ: NVDA) over the past two weeks has provided a sentiment boost to AI and big data cryptocurrencies. дальше »
2023-6-8 12:20 | |
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U.S. Sen. Elizabeth Warren Calls for Shutdown of Crypto Funding for Fentanyl
U.S. Sen. Elizabeth Warren (D-Mass.) cited the rampant use of cryptocurrency in the Chinese fentanyl trade during a Wednesday Senate hearing, arguing for legislation to help break that pipeline. дальше »
2023-6-1 20:01 | |
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Tether moves into Bitcoin mining in Uruguay
As part of its expansion into mining, Tether cited Uruguay’s capability of generating 94% of its electricity from renewable sources, including wind and solar. дальше »
2023-5-30 19:15 | |
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Binance Australia blames AUD liquidity drop for Bitcoin discount
Binance has cited reduced liquidity in Australian Dollar (AUD) pairs as the cause for trading discounts of Bitcoin (BTC) and other digital assets on its Australian platform, according to an emailed statement to CryptoSlate. дальше »
2023-5-30 12:01 | |
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Unbanked shuts down crypto services, says US regulations prevented fundraising
Unbanked, a cryptocurrency card and trading platform, said May 25 that it would be winding down its services due to harsh U. S. regulations. Regulations affected funding Unbanked cited regulations as the primary reason for its shutdown. дальше »
2023-5-26 03:30 | |
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Sensorium unveils new tokenomics laying out Jay Hao's Web3 vision
Web3 developer Sensorium has announced its updated tokenomics, focused on adding versatility, use cases, and value to its SENSO token. Sensorium has cited a new direction for the project’s Web3 eThe post Sensorium unveils new tokenomics laying out Jay Hao's Web3 vision appeared first on AMBCrypto. дальше »
2023-5-24 16:00 | |
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Signature Bank failed to understand risks associated with crypto: FDIC chair
A related report by the FDIC chief risk officer cited poor management as “the root cause of Signature Bank’s failure.”
дальше »2023-5-17 10:33 | |
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Digital asset exposure cited in GAO investigation of Signature Bank implosion
According to Michael Clements, the U.S. Government Accountability Office (GAO) is reviewing "large deposits from the digital asset space" to determine if cryptocurrency played a role in Signature Bank's collapse. дальше »
2023-5-12 21:41 | |
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Former Coinbase Employee Guilty of Insider Trading Wants to Limit Jail Term to 10 Months
Coinspeaker Former Coinbase Employee Guilty of Insider Trading Wants to Limit Jail Term to 10 Months Ishan Wahi has cited reasons such as “modest, law-abiding and admirable life” and mental health for the court to consider a jail term no more than 10 months. дальше »
2023-4-26 15:43 | |
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Intel Bitcoin mining chips discontinued despite chip efficiency, $63M revenue boost in 2022
Intel announced the end of first-gen Blockscale 1000-series Bitcoin-mining ASICs on April 18, despite the chips contributing both efficiency and a rise in revenue in 2022 — up from 2021. The announcement — initially reported by Tom’s Hardware — cited “a tighter focus on its IDM 2. дальше »
2023-4-19 23:37 | |
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Tether Accused Of Accessing Key Banking Information Via Signature Bank
Tether, the trailblazing firm behind the world’s largest stablecoin, has allegedly pulled off a daring move by exploiting a loophole that granted it access to the coveted US banking system. As per insider sources cited by Bloomberg, Tether facilitated its clients’ fund transfers via Signature Bank’s payment platform, just as regulators were swooping in to […] дальше »
2023-4-5 15:15 | |
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John E. Deaton Claims XRP Is The Top Altcoin With A Comeback Story
Founder of CryptoLaw, John E. Deaton, has termed XRP the best comeback coin amidst altcoins in the cryptocurrency industry. In a recent tweet, the attorney cited XRP’s resilience amid criticisms and attacks from regulators and industry leaders. дальше »
2023-3-29 15:52 | |
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UK Government Suspends Plans to Launch State-Owned NFT
Coinspeaker UK Government Suspends Plans to Launch State-Owned NFT In a statement about reasons for the halt of NFT plans, Chair of the Treasury Select Committee Harriet Baldwin cited the uncertainty across the cryptocurrency sector. дальше »
2023-3-28 14:44 | |
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US lawmakers reiterate concerns about ‘sham’ crypto firm audits to PCAOB
Two U.S. senators cited the collapse of FTX when writing to Public Company Accounting Oversight Board chair Erica Williams in January, but now suggest improper auditing could have affected three banks as well. дальше »
2023-3-23 22:35 | |
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