crypto assets

Avalanche, Lido Finance, Yield Guild Games and others will launch tokens totaling $120 million. Some of the positions will increase the revolving supply by more than 6 percent. A total of more than $120 million worth of crypto assets will hit the market between A ...

1inch Network announced integration with Kaikas, a cryptocurrency wallet developed under the auspices of the Kakao Group. Before that, the aggregator partnered with Ground X, another portfolio organization of the conglomerate. The agreement will open up users' acc ...

Co-founder of the cryptocurrency company Easy Crypto criticized major New Zealand banks for "intimidating customers" who make cryptotransactions. Janine Grainger announced that in the last week alone, three different banks refused Easy Crypto an account to launch the new ...

A user nicknamed Res, who described himself as a white hacker, claimed to have uncovered a trick by the El Dorado Exchange project team to eliminate any position. The hacker said on Twitter that he discovered the backdoor and managed to withdraw about $580,000 worth of as ...

French lawmakers unveiled an updated bill that would allow even unlicensed virtual asset service providers (VASPs) to engage celebrities to promote their products. According to a press release posted on the French Senate's website, lawmakers reached a unanimous agreement to ...

Huobi HK said on Twitter that the company filed an application with the Hong Kong Securities and Futures Commission (SFC) on May 29 for a regulated license to exchange crypto assets. Under current law, before cryptocurrency companies can provide regulated services to cust ...

Largest cryptocurrency exchange added a lending function on its marketplace secured by non-exchangeable tokens. At the moment, only ether is bailed out by NFT. Right now users of the cryptocurrency exchange can use digital assets from such collections as Bored Ape Yacht C ...

Central Bank of Kenya said that in the short term, the country does not need the introduction of the state steblecoin. Even with the popularity of crypto-assets among the local population. Kenya's top financial regulator released its "Annual Banking Industry Oversight Rep ...

The Central Bank of Norway (Norges Bank) proposed not to wait for the entry into force of the draft law on regulation of cryptocurrencies in the European Union (MiCA), and to develop their own rules for their oversight. Norges Bank released its annual "Financial Infrastru ...

The Commodity Futures Trading Commission (CFTC) sued five Americans who promoted what officials said was a fraudulent Icomtech cryptocurrency scheme that caused more than 170 people to lose money. The CFTC filed a civil lawsuit in California Central District Court against D ...

Cryptocurrency exchange Binance said that at the request of U.S. authorities froze crypto-assets worth $4.4 million associated with organizations from North Korea. Binance Investigations worked with U.S. law enforcement to thwart the "illegal revenue-generating activities ...

American billionaire and reality TV star Shark Tank offered a way for cryptocurrency issuers to avoid SEC harassment. Mark Cuban believes that cryptocurrency issuers could immediately issue their assets and use them to provide liquidity through decentralized finance (DeFi), ...

The founders of Green United LLC filed a motion to dismiss the SEC lawsuit accusing them of fraudulent activity. The regulator sued Green United, a green mining company, in March, alleging that its founders, Wright Thurston and Kristoffer Krohn, were promising investors too ...

MicroStrategy announced that a proposal from the U.S. Financial Accounting Council (FASB) would allow cryptocurrency firms to record crypto assets held on their balance sheets at fair value.</div MicroStrategy officials believe U.S. accounting principles (GAAP) require a ...

The divorce proceedings of a New York couple who lived together for 10 years took a new turn after the wife discovered a cache of 12 BTC, which the husband intended to hide from her. The woman, who identified herself to CNBC as Sarita, began to suspect that her husband, who ...

Founder of Heisenberg Capital agreed with the SEC chairman that all crypto-assets except bitcoin should be considered securities. Bitcoin advocate Max Keiser sided with Gary Gensler, saying that all altcoins, including XRP and ETH, are securities. The businessman noted t ...

Bankrupt cryptocurrency lender Voyager Digital received court approval to begin the liquidation process and pay customers some of their funds in cryptocurrency. Judge Michael Wiles approved Voyager's liquidation proceedings Wednesday, about a month after Binance.US termin ...

Belgian Financial Services and Markets Authority (FSMA) reports that employees of the agency have recorded a significant increase in the number of distribution channels of advertising information about different types of investments in crypto assets. Data on losses incurred b ...

On Tuesday, May 16, the European Council completed the procedure for harmonizing legislation on the regulation of the crypto-assets market in the EU. Finance ministers from the 27 countries that make up the European Union have unanimously supported the draft law on regula ...

Media obtained a secret memorandum recommending that Democratic members of the Financial Services Committee vote to recognize all crypto-assets as securities. The memo outlines key messages Democratic lawmakers should adhere to during a joint bipartisan hearing in the House ...

Director of cryptocurrency market maker GSR said that cryptozym is coming to an end and family investment funds should pay attention to crypto assets again. Jakob Palmstierna in his conclusions about the need to change investment priorities towards crypto-assets refers to ...

The largest cryptocurrency exchange notified users that community criticism helped cut the processing time for requests to withdraw ether from staking threefold, from fifteen days to five days. The new rules are set to go into effect next Thursday, May 18, starting at 8:0 ...

In a quarterly report filed with the U.S. Securities and Exchange Commission (SEC), PayPal reported that the company's crypto assets increased 56% in the first quarter of 2023. As of March 31, 2023, the company had $943 million in total crypto assets in its accounts. Of ...

They have begun returning frozen assets And plan to transfer a total of $157 million in coins A couple of hours ago, OKX sent over $60 million in crypto assets to Alameda Research wallets. They conducted a total of 16 transactions in different cryptocurrencies. ...

The National Police of Ukraine's Cyber Police Division has announced the shutdown of nine services that were being used by hackers to exchange virtual assets obtained as ransom payments. The operation, which was conducted in collaboration with the Main Police Investigation Department and the Pros ...

Bit4You, Belgium's sole crypto asset lending platform, has recently halted its operations due to liquidity issues with their service provider, CoinLoan. According to Bit4You's official statement, the suspension of activities and the imposition of a withdrawal ban are a result of their Estonian pa ...

ScamSniffer, a platform dedicated to detecting fraudulent activity online, has recently reported that users have lost more than $4 million in just one month as a result of falling prey to cryptocurrency phishing scams. The creators of these malicious sites have been utilizing Google Ads, a contex ...

The US Commodity Futures Trading Commission has called for an end to the anonymity of crypto assets, citing concerns over cybercrime and national security. Speaking at a conference in London, CFTC Commissioner Christy Goldsmith Romero highlighted the risks posed by cybercriminals using anonymous ...

In this article, our regular contributor Menaskop tries to address not the easiest questions, which are basic for many branches of cryptoeconomics. Even more accurately, for her future. The plan is as follows: Describe ...

FxPro, an investment company, has reported that the recent correction in the cryptocurrency market has helped to alleviate overheating and overbought conditions in the market. As of April 24th, the total capitalization of the cryptocurrency market has decreased by almost 9% to $1.155 trillion, re ...

In a recent interview with CNBC, Jay Clayton, the former Chairman of the US Securities and Exchange Commission (SEC), argued that the courts are not an appropriate forum to determine whether crypto assets should be considered securities or not. He noted that any security today may not be consider ...

During an appearance on the Stansberry Investor Hour, a prominent Bloomberg commodity analyst shared his optimistic outlook for bitcoin as a long-term investment. According to Mike McGlone, bitcoins may eventually become a safe haven asset in times of market turmoil, similar to gold or long-term ...

The Bittrex crypto exchange and its co-founder, William Shikhara, are facing legal action from the US Securities and Exchange Commission (SEC). The regulator has filed a lawsuit in the US District Court for the Western District of Washington, claiming that Bittrex allowed the trading of six crypt ...

On April 14, 2023, the technical support team of the Bitrue cryptocurrency exchange reported a hacker attack in which the attackers were able to withdraw approximately $23 million worth of cryptocurrency assets. The security specialists of Bitrue discovered a vulnerability in one of the hot walle ...

According to an interview with Bloomberg, the CEO of the Stellar Development Foundation, Denelle Dixon, believes that US lawmakers need to develop regulation for stablecoins tied to the US dollar. This would help strengthen the value of the national currency, as US financial regulators are increa ...

Robert Kennedy Jr., an American political figure, has praised bitcoin as a safe haven due to its decentralization, which makes it less vulnerable to the risks inherent in traditional finance. In a recent tweet, Kennedy also brought up the FedNow platform, which allows for instant payments between ...

In a recent interview, the chairman of the US Securities and Exchange Commission (SEC), Gary Gensler, clarified that the agency has no plans to introduce new rules for evaluating cryptocurrencies. Gensler emphasized that, aside from Bitcoin, the SEC considers all other crypto assets to be securit ...

The Trust Wallet team has just unveiled an exciting new feature for its cryptocurrency wallet application. Users can now directly convert their digital assets into fiat currency using the app. This new functionality has been made possible through the partnership between Trust Wallet and two cr ...

According to a report from KBS broadcaster, law enforcement agencies in South Korea have arrested three suspects in connection with the murder of the creator of an unidentified cryptocurrency project. The victim, a 48-year-old woman, was taken from her home and killed in a suburb of Seoul. Police ...

According to a study conducted by the University of Nottingham Business School (NBS), crypto influencers have a significant impact on the price and volume of crypto assets, but only for a short time. Over a period of six months, NBS and the Austrian University of Klagenfurt researchers analyzed m ...

The Securities and Exchange Commission (SEC) in the United States has filed charges against the cryptocurrency platform Beaxy for engaging in brokerage and clearing activities without proper registration. Additionally, Beaxy is accused of conducting an illegal securities offering, which raised $8 ...

Former FTX CEO Sam Bankman-Fried is facing accusations from the US Justice Department of paying $40 million in bribes to Chinese officials to unfreeze accounts linked to Alameda Research, FTX's investment arm. The Justice Department has released a revised indictment alleging that Bankman-Fried tr ...

After a successful beta testing and completion of a private token sale, the team behind Reunit Wallet, founded by a former Sushiswap protocol developer, is now launching a public token sale. This groundbreaking project claims to be the first-ever omni-chain wallet that uses technology from the cr ...

Thorchain, the decentralized protocol that enables cross-chain trading of cryptocurrencies, has recently been temporarily suspended due to a potential vulnerability. This development followed reports on social media of a credible threat to the Thorchain Nine Realms platform and the THORsec securi ...

The US Securities and Exchange Commission (SEC) has issued a warning to investors regarding the potential risks associated with investing in crypto assets. The agency has specifically cautioned against relying solely on proof of reserves (PoRs) published by cryptocurrency exchanges, stating that ...

The Seoul Southern District Prosecutor's Office has apprehended a former staff member of the Coinone cryptocurrency exchange on allegations of receiving bribes in exchange for featuring specific digital assets on the platform. Recent reports from South Korean media suggest that the said ex-employ ...

Starting from May 17th, the Financial Services and Markets Authority (FSMA) of Belgium will oversee the advertisement of cryptocurrencies. In line with this development, the FSMA has also conducted a comprehensive survey amongst investors on their involvement with crypto assets. This digital c ...

This is a disturbing case of SIM card fraud and theft of cryptocurrency assets by a couple in San Antonio. Andrew Trujillo and Zena Dounson were able to steal at least $250,000 worth of cryptocurrency using a SIM spoofing scheme. They copied SIM card data and forwarded short messages to custom ...

Coinbase has recently announced a partnership with Standard Chartered, which will allow users in Singapore to benefit from free wire transfers. This move aims to provide Coinbase customers with more flexibility and convenience when depositing or cashing out funds from their exchange accounts. ...

The Financial Monitoring Agency (AFM) of Kazakhstan has reported the closure of an illegal cryptocurrency exchange, ABS Change, by law enforcement agencies. The exchange was founded by three Kazakh citizens who operated outside the Astana International Financial Center (AIFC), which is the only t ...

The Ethereum co-founder, Vitalik Buterin, recently made headlines after selling several meme-based cryptocurrencies, causing a stir in the crypto community. Lookonchain reported that Buterin sold a whopping 50 billion units of MOPS for 1.25 ETH, equivalent to around $2,000. Additionally, he so ...

CoinEx, a cryptocurrency trading platform, has notified its users that it will no longer be able to offer its services to individuals who are either citizens or residents of the United States, as the new regulations put forth by local regulatory bodies make it impossible to continue. Users based ...

In an effort to monitor the global financial system and advise G20 member countries, the Financial Stability Board (FSB) has revealed its intention to prepare standards for regulating cryptocurrencies by July. Klass Knot, the Chairman of the FSB, has notified G20 finance ministers and central ban ...

Debit banking Binance Card of the largest crypto exchange is issued with the aim of integrating traditional financial services with the global cryptocurrency ecosystem, according to the Brazilian regulator. Partners announced the launch of a joint project of the largest crypto exchange Binance an ...