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A Win For Crypto: Lawyer Outlines Why Ripple Ruling Is Important
Ripple’s recent win against the United States Securities and Exchange Commission (SEC) seems to have emboldened crypto firms in the space. As more companies take on the regulator in court, a lawyer has pointed out why XRP’s ruling is important. дальше »
2023-8-10 01:00 | |
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Large VC Firms Dragged Into FTX Drama With New Lawsuit
Although it’s been almost eight months, the collapse of the crypto exchange FTX continues to leave behind drama in its wake. The latest by-product is how some of the largest VC firms have been recently pulled into the mess. дальше »
2023-8-10 22:00 | |
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VCs firms face class action amid allegations of abetting FTX fraud
A class action complaint, recently filed on Aug. 7, implicates several venture capital firms, painting a grim picture of alleged gross financial mismanagement and deceptive practices. The plaintiffs, representing a class of impacted investors, allege that the group assured customers that their assets belonged solely to them and would not be transferred to FTX. дальше »
2023-8-9 14:38 | |
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Bitcoin Miners’ Profit Hopes Pinned on BTC Surge Beyond $98K Before Halving Event, Analysis Shows
“Publicly-Traded Bitcoin Mining Firms Banking on BTC to Surpass $98K Before 2024 Halving to Ensure Profitability Amidst the recent dip below the $30,000 mark, forecasts persist of Bitcoin’s ascent into six-figure territory by the close of 2024 at a value of $29,028. дальше »
2023-8-5 22:11 | |
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Ukraine Government Reveals Crypto Firms Have Cost The Country $81 Million In Lost Taxes
According to data released by the Ukrainian government, cryptocurrency firms offering services in Ukraine have failed to contribute over $81 million in taxes to the country’s budget in the past decade. дальше »
2023-8-4 19:00 | |
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Ripple included in CNBC’s top 100 fintech list
Ripple is now among CNBC’s top companies, along with PayPal and Revolut, its exec Monica Long revealed. The CNBC ranking, developed in collaboration with research company Statista, encompasses the highest-performing fintech firms from various regions worldwide, including Asia, Africa, Europe,… дальше »
2023-8-3 16:37 | |
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Race for Ether Futures ETFs Kicks Off With 6 Firms Filing SEC Applications
As many as six entities have filed applications with the U.S. Securities and Exchange (SEC) for Ethereum Futures exchange-traded funds (ETFs) as of filing time on August 2, 2023. дальше »
2023-8-2 11:02 | |
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UK Crypto Firms Think Poorly of the FCA, Survey Finds
A new survey reveals UK crypto firms struggling to comply with regulations.
The post UK Crypto Firms Think Poorly of the FCA, Survey Finds appeared first on BeInCrypto.
дальше »2023-8-2 23:00 | |
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Genesis Chapter 11 Bankruptcy Set To Be Resolved Soon, DCG Says
Genesis Global Holdco, the parent company of cryptocurrency lender Genesis Global Capital, filed for Chapter 11 bankruptcy protection on January 20. The move came after Genesis Global Capital halted customer repayments on November 16, raising concerns about the potential failure of other firms. дальше »
2023-8-1 03:00 | |
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Crypto Firms Raised $129M Last Week, Led by Flashbots
The startup, focused on maximal extractable value (MEV) in blockchain transactions, raised $60 million in funding. дальше »
2023-7-31 15:49 | |
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Court Filing Suggests FTX’s $2 Billion Lawsuit Against Genesis Is Coming To An End
The legal tussle between bankrupt crypto exchange FTX and crypto lender Genesis seems to be coming to a resolution, a recent court filing reveals. According to the letter filed yesterday at the US bankruptcy court for the Southern District of New York, both firms – who happened to have filed for bankruptcy – have agreed to settle their ongoing billion-dollar dispute. дальше »
2023-7-30 23:00 | |
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Hester Peirce criticizes SEC’s warning to accounting firms working with crypto
SEC Commissioner Hester Peirce says SEC’s warning to accounting firms could discourage “good-faith efforts” towards transparency. Paul Munter, the Chief Accountant at SEC, cautioned that crypto platforms are likely to misrepresent non-audit work as full audit. дальше »
2023-7-30 21:14 | |
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US committee passes crypto custody bill as Chancer presale accelerates
The US House Financial Services Committee has passed the “Keep Your Coins Act of 2023,” a significant piece of legislation for the cryptocurrency industry in the United States. The bill comes at a time when the US SEC has sustained an onslaught on crypto firms, including large companies like Binance and Coinbase. дальше »
2023-7-30 14:07 | |
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Crypto Regulation Or Overreach? SEC’s Warning Draws Mixed Reactions
The US Securities and Exchange Commission (SEC) has issued a dire warning to accounting firms conducting audits in the crypto asset space. In a statement released on July 27, SEC Chief Accountant Paul Munter expressed concerns about the potential for misleading information to be presented to investors through non-audit work, which he argued is not […] дальше »
2023-7-29 22:00 | |
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Crypto.com Rubs Salt in Binance Wounds With Dutch Approval
De Nederlandsche Bank grants Crypto.com a crypto license, making it one of 36 firms licensed to operate in the Netherlands. The post Crypto.com Rubs Salt in Binance Wounds With Dutch Approval appeared first on BeInCrypto. дальше »
2023-7-28 19:00 | |
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Bankrupt crypto giants FTX and Genesis reach agreement to resolve billion-dollar claims
Bankrupt crypto companies FTX and Genesis Global announced they had reached an agreement in principle concerning claims made by the firms against themselves, per a July 27 letter to Judge Sean Lane. дальше »
2023-7-28 15:30 | |
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Report Shows Only 5% Of VC-Backed Crypto Firms Developed A Market-Fit Product
The crypto market was red hot in 2021, with venture capital firms pouring money into new projects at an astonishing rate. The particular rise of smart contracts and decentralized finance (DeFi) gave rise to a new band of companies looking to enter the crypto industry, even before fully understanding the nooks and crannies of the […] дальше »
2023-7-28 14:00 | |
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SEC cautions accounting firms against accommodating non-compliant crypto clients
The U. S. Securities and Exchange Commission (SEC) issued a stern warning to accounting firms on July 27, outlining the potential risks and liabilities of serving clients in the rapidly evolving crypto industry. дальше »
2023-7-28 08:00 | |
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Why BlackRock thinks you should own 85% Bitcoin
Blackrock's new report revealed that firms strongly believe in keeping BTC in their portfolios. Retail investors showed interest, and reached an all-time high. Large banking institutions andThe post Why BlackRock thinks you should own 85% Bitcoin appeared first on AMBCrypto. дальше »
2023-7-28 07:30 | |
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Nexo Champions Crypto Compliance, Joining Forces with ACSS to Enhance Industry Standards
July 27, 2023 – Nexo, the world’s leading institution for digital assets, in a pivotal move, has joined a vanguard of firms entering the Association of Certified Sanctions Specialists (ACSS), demonstrating a stalwart commitment to global regulatory compliance. дальше »
2023-7-27 16:37 | |
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US financial committee votes in favor of key crypto bills
The US House Financial Services Committee passed two crypto regulatory bills, clarifying jurisdiction for crypto firms under US securities and commodities regulators. дальше »
2023-7-27 16:25 | |
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How Bitcoin Miners Can Stay Clear of SEC Scrutiny (and Fall Foul of It)
Regulators view Bitcoin and other proof-of-work cryptocurrencies as commodities. But mining firms can still trip over securities regulations if they’re not careful. This story is part of CoinDesk's Mining Week. дальше »
2023-7-25 18:38 | |
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EDX Markets integrates with Talos to expand institutional access to crypto
EDX Markets, a non-custodial crypto exchange backed by Fidelity, Citadel and Schwab among other Wall Street firms, has integrated with Talos, a leading provider of institutional-grade digital assets trading technology. дальше »
2023-7-25 18:33 | |
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AltSignals presale hits $1.21M as AI firms agree to safeguards in the US
The artificial intelligence (AI) gold rush is gathering steam by the day as more and more businesses and entrepreneurs jump onto the bandwagon. The latest entrants are Elon Musk’s recently launched xAI, which the tech mogul said its main objective is to understand the true nature of the universe and Meta Platforms’ (NASDAQ: FB) Llama 2. дальше »
2023-7-25 11:16 | |
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Crypto projects raised over $200M last week, with Chancer’s presale closing in on $1M
Key takeaways Cryptocurrency projects raised $201 million from VC firms last week. Chancer’s presale is currently ongoing, and the project is close to hitting the $1 million mark. The cryptocurrency market is starting the week in a bearish manner. дальше »
2023-7-24 18:15 | |
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North Korean hackers exploited shared cloud service to rob crypto firms
North Korean state hackers exploited a cloud services provider called JumpCloud to steal funds from crypto companies that use its services, Reuters reported on July 20. Reuter’s confidential sources indicate that the North Korean state-backed hackers had a specific focus on cryptocurrency companies. дальше »
2023-7-21 23:20 | |
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Zeebu Partners With Three Telecom Carriers To Enhance Global Settlements and Communication
The blockchain-based company announced partnerships with two UAE firms, Axistel FZE and Qatama Ltd. , and Senegal-based Hayo Telecom Inc. Zeebu, a pioneering company in blockchain and settlements across the global telecom industry, has entered a strategic partnership with three global telecom carriers to provide its cutting-edge blockchain solutions. дальше »
2023-7-20 21:26 | |
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UK FCA to introduce permanent digital sandbox for technology startups
The UK's FCA said the Digital Sandbox to support technology firms will be permanently available as from August 1 дальше »
2023-7-21 21:22 | |
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FTX Seeks to Recover $71M From Its Philanthropic and Life Science Arms
The firms funneled corporate funds to other organizations on behalf of their founder Sam Bankman-Fried’s "personal aggrandizement," a court filing shows. дальше »
2023-7-20 10:04 | |
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