FINRA CEO welcomes crypto employees who were laid off as agency increases focus on digital assets

Financial Industry Regulatory Authority (FINRA) CEO Robert Cook talked about the agency’s direction towards the crypto market to understand and monitor cryptocurrencies and said that people recently laid off from crypto companies were welcome to join FINRA, Reuters reported June 14. дальше »

426 +

Terra’s Do Kwon Is Being Investigated for Tax Fraud

Prosecutors have started to investigate Terraform Labs CEO Do Kwon for tax evasion, according to reports from local media. South Korean Prosecutors Seize Tax Data SBS News reported today that... дальше »

470 +

Celsius Hires Restructuring Lawyers To Help Navigate Through Its Financial Woes

Cash-strapped crypto lender Celsius Network has reportedly hired restructuring attorneys from US-based law firm Akin Gump Strauss Hauer & Feld LLP to help with its current financial woes, the Wall Street Journal reported Wednesday, citing sources familiar with the matter. дальше »

383 +

MicroStrategy denies receiving a margin call against $205M BTC-backed loan

Business intelligence company MicroStrategy claims it has not received a margin call against the $205 million Bitcoin (BTC)-backed loan it took in March, Reuters reported. The post MicroStrategy denies receiving a margin call against $205M BTC-backed loan appeared first on CryptoSlate. дальше »

307 +

Report: Unexpected liquidations may force Three Arrows Capital into bankruptcy

The present market situation echoes the early days of the 2008 financial crisis, owing to increased liquidations and conservative investor sentiments. Three Arrows Capital (3AC), a Dubai-based hedge fund manager, may be on the verge of bankruptcy after accruing at least $400 million in liquidations lately, as reported by The Block. дальше »

345 +

Celsius hires restructuring lawyers to help ease its financial woes

Crypto lending platform Celsius has hired a legal team to advise on restructuring its business after facing liquidity issues, The Wall Street Journal reported, citing sources with direct knowledge of the matter. дальше »

358 +

SEC has filed a letter requesting that the Court seal a portion of Exhibit A

James K. Filan reported that the SEC has filed a letter requesting that the Court seal a portion of Exhibit A. Attorney James K. Filan tweeted that the SEC has filed a letter requesting that the Court seal a portion... дальше »

323 +

El Salvador President under fire over $18M loss after Bitcoin tumbles to $23k

El Salvador’s Finance Minister Alejandro Zelaya played down the impact of Bitcoin crashing on the country’s financial health, Reuters reported. The post El Salvador President under fire over $18M loss after Bitcoin tumbles to $23k appeared first on CryptoSlate. дальше »

329 +

Binance CEO says firm is ‘expanding hiring’ despite market crash

Binance CEO Changpeng Zhao (CZ) has said that the bear market is a great time for crypto companies to hire more people and increase investments, Bloomberg News reported June 13. The post Binance CEO says firm is ‘expanding hiring’ despite market crash appeared first on CryptoSlate. дальше »

390 +

Goldman Sachs Begins Trading Ethereum-Linked Derivative Product

Bloomberg reported on Monday that Goldman Sachs has begun trading a sort of derivative linked to Ethereum. Goldman Sachs Launches Derivative Product As a torrent of institutional money entered the market in 2021, the investment bank relaunched its crypto activities, with the core of its services focusing around derivatives tied to cryptocurrencies like bitcoin. Goldman […] дальше »

386 +

Why Justin Sun Reported A 500% APR To Short TRX On Binance

TRON (TRX) founder Justin Sun has come out in defense of the network stablecoin, USDD. The digital asset began deppeging from the U. S. dollar value and hinted at another catastrophic event in the crypto market, like the one experienced by Terra (LUNA) and its native stablecoin UST. дальше »

371 +

Ripple XRP became the most popular digital asset according to WhaleStats

According to recent reports from WhaleStats, Ripple XRP has become the most popular digital asset. Online tracker WhaleStats recently reported that Ripple XRP has become the most popular digital asset. дальше »

342 +

BlockFi hires lobbyists to streamline talks with policymakers

Renowned crypto lending platform BlockFi has hired lobbyists from Arnold & Porter Kaye Scholer LLP to work on regulatory and tax policy for financial service providers in digital assets, Reuters reported. дальше »

353 +

Everything We Know About “French Family NFT,” the New NFT Hype That Could Surpass BAYC and Other Ethereum Collections

NullTX first reported the launch of French Montana’s new NFT collection, which was temporarily named “French Family NFT. ” The collection will be the first to unite the music ecosystem with metaverse and cryptocurrency. дальше »

413 +

US Treasury Secretary Yellen advises against Bitcoin for retirement savings

United States Treasury Secretary Yellen said Bitcoin, as a retirement savings vehicle, would be a “very risky” move, Bloomberg News reported. The post US Treasury Secretary Yellen advises against Bitcoin for retirement savings appeared first on CryptoSlate. дальше »

381 +

Coinbase reports bug preventing Solana cold storage access

United States crypto exchange Coinbase has reported an issue affecting custodial access to Solana. The post Coinbase reports bug preventing Solana cold storage access appeared first on CryptoSlate. дальше »

333 +

Salesforce trials NFT service amid plunging trading volumes

Bloomberg reported that American cloud-based software company Salesforce is piloting a new non-fungible token (NFT) cloud service for minting, managing, and selling NFTs. The post Salesforce trials NFT service amid plunging trading volumes appeared first on CryptoSlate. дальше »

371 +

Japan-based exchanges to change screening method for listing crypto assets

Japan Virtual and Crypto assets Exchange Association (JVCEA) plans to ease its strict screening process for listing new cryptocurrencies after the Japanese government expressed some concerns about the process, Bloomberg News reported. дальше »

320 +

Citadel Securities, Virtu Financial team up to create crypto ecosystem

Asset managers Citadel Securities and Virtu Financial are partnering up to create a crypto trading “ecosystem” that will allow retail brokerages to offer crypto-related services to their clients, Reuters reported, citing sources with knowledge of the matter. дальше »

313 +

Xrpl.Services platform reported a bug with the xls20 implementation

On Twitter the Xrpl.Services platform reported a bug with the xls20 implementation. On Twitter on June 4, the Xrpl.Services platform reported a bug with the xls20 implementation. The explanation stated the following: There is a known bug with the xls20... дальше »

491 +

South Korea eyes listing rules for crypto exchanges after LUNA scandal

South Korean lawmakers are calling on the country’s crypto exchanges to formulate guidelines for listing and delisting cryptocurrencies, Bloomberg News reported. The post South Korea eyes listing rules for crypto exchanges after LUNA scandal appeared first on CryptoSlate. дальше »

339 +

Did Celsius’ Withdrawal Trigger The Terra/ LUNA Collapse? Claim & Response

Did Celsius set off the domino effect? Almost a month ago, The Block Crypto reported that Celsius pulled at least $500M from the Anchor protocol before the collapse. Two weeks ago, blockchain analytics firm Nansen identified Celsius among the seven big wallets that allegedly triggered the bank run on Anchor. дальше »

287 +

What Does Metaverse Mean for Global Football?

While considering the Global Sports Market Opportunities and Strategies Report 2021, issued by Yahoo Finance, it is reported that the global sports market is forecasted to reach $599. 9 billion by 2025, and as COVID-19 lockdowns ease further, $826 billion by 2030. дальше »

484 +

SEC legal action over BNB token prompts fears over which altcoin is next

The SEC has opened an investigation into Binance to determine whether its BNB token was a security offering when sold in 2017, Bloomberg News reported. The post SEC legal action over BNB token prompts fears over which altcoin is next appeared first on CryptoSlate. дальше »

342 +

Australian mayor suggests crypto as tax payment option

Gold Coast Mayor Tom Tate has said residents could pay taxes and rates with cryptocurrency in the future, even as critics and experts point to volatility as a major concern, ABC News reported. The post Australian mayor suggests crypto as tax payment option appeared first on CryptoSlate. дальше »

349 +

Animoca Brands’ Investment Portfolio Now Worth Over $1.5B

The game firm also reported $211 million in digital asset holdings as of the end of April. дальше »

273 +

Indian Terra investors facing 30% tax on LUNA 2.0 airdrop despite losses

After losing millions to Terra’s crash, Indian investors who have recovered part of their losses through the LUNA 2 airdrop may have to pay taxes equivalent to 30% of the value due to India’s tax policies on cryptocurrency, Bloomberg News reported. дальше »

327 +

Social media blamed for $1B in crypto scam losses in 2021

Nearly half of the consumers who reported a cryptocurrency-related scam in 2021 said it started with an ad, post or message on social media. дальше »

216 +

Decoding how attackers managed to compromise BAYC Discord servers yet again

Hackers are much a part of the crypto ecosystem as much as investors and traders, and the Bored Ape Yacht Club (BAYC) has proved the same time and again. The NFT club once again reported a hack over tThe post Decoding how attackers managed to compromise BAYC Discord servers yet again appeared first on AMBCrypto. дальше »

592 +

Retirement service provider sues US Labor Department over crypto guidance

A retirement savings service provider, ForUsAll, is suing the United States Department of Labor over recent guidance issued to fund managers and companies that offer 401(k) holders the option to invest in crypto-assets, The Wall Street Journal reported. дальше »

397 +

Consumers Lost Over $1B to Crypto Fraud Since January 2021, FTC Says

Consumers reported they have lost over $1 billion in crypto-linked fraud from January 2021 through March of this year, according to analysis from the Federal Trade Commission (FTC). дальше »

436 +

Japan passes a stablecoin bill focusing on investor protection following UST debacle

Japan has become one of the first major economies to spearhead stablecoin regulation after its parliament passed a bill to rein in the sector, Bloomberg News reported. The post Japan passes a stablecoin bill focusing on investor protection following UST debacle appeared first on CryptoSlate. дальше »

312 +

Elon Musk Has ‘Super Bad Feeling’ About The Economy – Terrible News For Crypto?

Elon Musk, the Tesla big boss, sent an email to executives announcing layoffs and a global recruiting freeze. Multiple news sites reported on Friday that he ascribed the decision to a “super bad feeling” about the economy. дальше »

302 +

Solana [SOL] network faces a blackout yet again, and here's the fallout

The Solana network crashed again on 1 June night. It was a 4 and a half hour-long crash that was reported by the Solana team via tweets instantly. This is the latest crash in a series of network outagThe post Solana [SOL] network faces a blackout yet again, and here's the fallout appeared first on AMBCrypto. дальше »

438 +

Tether co-founder says UST disaster spells doom for algorithmic stablecoins

Tether (USDT) co-founder Reeve Collins believes the collapse of TerraUSD (UST) — since renamed TerraClassicUSD (USTC) — might be the catalyst that triggers the downfall of other algorithmic stablecoins, CNBC reported. дальше »

328 +

Tech experts urge Federal Lawmakers to ‘resist’ crypto

A group of computer experts has signed a letter urging the US Congress to resist the influence of the crypto space and enforce a crackdown on the industry, Financial Times reported. The post Tech experts urge Federal Lawmakers to ‘resist’ crypto appeared first on CryptoSlate. дальше »

287 +

GameStop Reports $76.9M in Proceeds From Sales of Digital Assets in First Quarter

GameStop reported the digital asset sales during its first quarter earnings release Wednesday. дальше »

608 +

NBA sponsorships hit record high of $1.6B on the back of crypto, tech deals

Crypto deals led to record sponsorship revenue for the NBA, reaching $1. 6 billion in the 2021-22 season, CNBC reported, citing research data from IEG, a sports partnerships consultancy firm. The post NBA sponsorships hit record high of $1. дальше »

391 +

Tether’s reported bank partner Capital Union shares its crypto strategy

Tether stablecoin’s reported bank partner Capital Union supports a large variety of digital assets as part of its trading and custody services. дальше »

286 +

Waves fast recovery could push the token towards $12

As the crypto market starts to rally, several major coins have reported modest gains.…

The post Waves fast recovery could push the token towards $12 appeared first on CoinJournal.

368 +

South Korea Toughens Up Security In Response To Terra’s Crash

According to Local media accounts, South Korea’s Financial Supervisory Service (FSS) has moved to standardize risk assessment for virtual assets, the FSS reported these details during the “Enactment of the Digital Asset Framework Act and Emergency Inspection of Coin Market Investor Protection Measures” conference. дальше »

350 +

Mirror Protocol reportedly under attack – $2M already drained

The Dark Knight of Terra — FatManTerra — has again reported on another exploit with the Terra ecosystem. The post Mirror Protocol reportedly under attack – $2M already drained appeared first on CryptoSlate. дальше »

323 +

Fidelity Digital Assets Plans to Double Staff This Year: Report

Fidelity Digital Assets, the subsidiary of the financial services giant, plans to double its headcount this year to meet growing demand for crypto trading from institutional investors, the Wall Street Journal reported on Tuesday. дальше »

274 +

Australian consumer group calls for urgent regulation of crypto

Australian consumer advocacy group Choice urges the new Labor government to prioritize cryptocurrency regulation, the Australian Associated Press reported. The post Australian consumer group calls for urgent regulation of crypto appeared first on CryptoSlate. дальше »

382 +

MoneyGram teams up with Stellar to allow users to exchange USDC, fiat

MoneyGram is partnering with Stellar Development Foundation to leverage its blockchain to roll out a service that will allow users to seamlessly send and convert stablecoins into fiat, Bloomberg News reported. дальше »

313 +

Crypto execs believe bear market could help filter bad players from industry

Leaders of various blockchain and crypto organizations believe recent turmoil in the digital assets market could help eliminate bad actors from the nascent industry, CNBC reported on May 27. The post Crypto execs believe bear market could help filter bad players from industry appeared first on CryptoSlate. дальше »

347 +

World of Solana hacker gets scammed in community sting

The World of Solana (WoS) Twitter account reported details of a community sting operation resulting in a hacker getting scammed. The post World of Solana hacker gets scammed in community sting appeared first on CryptoSlate. дальше »

425 +

Nvidia shares plunge after Q1 figures, crypto mining card revenue ‘nominal’

Graphics card giant Nvidia reported “nominal” sales of its crypto mining chips and expected overall revenues to be down in Q2, which drove down its share price. дальше »

329 +

Crypto Funds Shrink to Lowest Since 2021 Summer Bear Market

Investors pulled out $154 million from bitcoin funds last week, a stark reversal from the $299 million of inflows reported for the prior period, according to CoinShares. дальше »

371 +

Analyzing how ADA might respond to Cardano's much-awaited Vasil hardhork

Ahead of the upcoming Vasil testnet that is to launch in early June 2022, Cardano published an encouraging update. The network reported a strong foundation with many new projects planned out with FundThe post Analyzing how ADA might respond to Cardano's much-awaited Vasil hardhork appeared first on AMBCrypto. дальше »

441 +