Cryptocoins News / Blockchain - 2 years ago
The latest quarterly report from Dunamu, the operator of cryptocurrency exchange Upbit, shows a net profit of KRW 108 billion in Q2 2023, a significant improvement from the previous year's net loss of KRW 37.8 billion. The company's revenue fell 47.9...
Cryptocoins News / Blockchain - 2 years ago
BIGG Digital Assets plans to acquire TerraZero Technologies Inc. for $20 million, a metaverse company with a 161% growth in Q1 2023. TerraZero will create a subsidiary for BIGG, with TerraZero's CEO serving a 12-month term. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Hut 8 Mining Corp. is set to merge with US Bitcoin Corp. to form a major publicly traded Bitcoin miner, focusing on economical mining, diversified revenue, and environmental, social, and governance practices. (Read More)
Cryptocoins News / Blockchain - 2 years ago
House Financial Services Committee Chairman Patrick McHenry expresses concerns over proposed digital asset reporting requirements, urging the Biden Administration to collaborate with Congress to establish clear regulations and protect market particip...
Cryptocoins News / Blockchain - 2 years ago
The US Department of the Treasury and the IRS have issued proposed regulations to improve transparency and compliance in the digital asset sector. Starting Jan. 1, 2025, brokers must report gross proceeds, payee statements, and gain/loss and basis in...
Cryptocoins News / Blockchain - 2 years ago
After $PEPE's official statement on unexpected token transfers, Pauly claims the announcement is "100% bullshit", while others question its accuracy. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Pepe Coin's official Telegram compromised; group locked down. Amidst unexpected transactions, community urged to stay alert and follow @pepecoineth for official updates. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Upbit, a Singapore-based cryptocurrency exchange, plans to launch a LUNA2 airdrop targeting LUNC holders, marking a significant milestone in the rebranding process. The airdrop will be distributed staggered over 24 months, with LUNC holders receiving...
Cryptocoins News / Blockchain - 2 years ago
Magnate Finance, a project on Coinbase's BASE platform, has been linked to a series of rug pulls totaling $16.7M. The deployer, known for real-time risk alerts, has connections to other significant scams, including Solfire's $4.8M scam and Kokomo Fin...
Cryptocoins News / Blockchain - 2 years ago
Prime Core Technologies, parent of Prime Trust, experienced an $8 million financial setback due to investments in TerraUSD, a stablecoin, leading to bankruptcy proceedings in August 2023, highlighting the cryptocurrency market's volatility. (Read Mor...
Cryptocoins News / Blockchain - 2 years ago
Arthur Hayes' article "Kite or Board" critiques the U.S. Federal Reserve, highlighting its challenges like autonomy, inflation tax, policy changes, and banking sector transition. He suggests Bitcoin as a decentralized, finite supply, and global accep...
Cryptocoins News / Blockchain - 2 years ago
The Hong Kong Monetary Authority (HKMA) has released a Fintech Promotion Roadmap, aiming to promote fintech adoption in the financial services industry. The roadmap includes key fintech sectors like Wealthtech, Insurtech, and Greentech, and introduce...
Cryptocoins News / Blockchain - 2 years ago
Tether and Lugano City have announced a partnership to sponsor FC Lugano, a Swiss football club, using bitcoin technology to transform the city's financial infrastructure, allowing fans to purchase tickets, merchandise, food, and beverages. (Read Mor...
Cryptocoins News / Blockchain - 2 years ago
Tether and Lugano City have announced a partnership to sponsor FC Lugano, a Swiss football club, using bitcoin technology to transform the city's financial infrastructure, allowing fans to purchase tickets, merchandise, food, and beverages. (Read Mor...
Cryptocoins News / Blockchain - 2 years ago
API3, a blockchain oracle provider, has introduced a managed data feed service to support the growth of Total Value Locked (TVL) on Polygon zkEVM. This innovative push oracle, built around the Airnode first-party oracle node, eliminates intermediarie...
Cryptocoins News / Blockchain - 2 years ago
Zachary Testa, linked to $pepe coin, faces scrutiny after a 20% price drop. Changes in wallet thresholds and a $15.5M transfer to major exchanges like Binance are noted. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Base, an Ethereum Layer 2 solution, aims to decentralize and align with the Superchain vision by transitioning from Stage 0 to Stage 2 L2, bolstering OP Stack's scalability, reliability, and decentralization. It plans to allocate sequencing revenue t...
Cryptocoins News / Blockchain - 2 years ago
Israeli police have recommended charges against cryptocurrency entrepreneur Moshe Hogeg for fraud, theft, money laundering, and sex crimes. The investigation, which began in 2021, has involved 180 people, searches, and confiscation of evidence, money...
Cryptocoins News / Blockchain - 2 years ago
Romero Cabral da Costa Neto, a visiting attorney at a global law firm, has been charged with insider trading by the SEC, alleging he accessed confidential information about Swedish Orphan Biovitrum's acquisition of CTIC and purchased over 10,000 shar...
Cryptocoins News / Blockchain - 2 years ago
The U.S. Securities and Exchange Commission (SEC) is amending Rule 15b9-1, allowing broker-dealers to bypass national securities associations like FINRA. The changes aim to ensure consistent oversight, particularly in cross-market and off-exchange ac...
Cryptocoins News / Blockchain - 2 years ago
Pantera Capital's publication explores the "positive black swan" event in the blockchain industry, highlighting its positive implications, historical predictions, rapid growth, resilience, and the transformative potential of DeFi platforms. (Read Mor...
Cryptocoins News / Blockchain - 2 years ago
B2C2, a leading crypto liquidity provider, has acquired Woorton, a leading European entity in market-making and over-the-counter transactions for the digital asset sector. Woorton, majority-owned by SBI, has facilitated institutional access to crypto...
Cryptocoins News / Blockchain - 2 years ago
The US Office of Foreign Asset Control accused former Tornado Cash creators Roman Storm and Roman Semenov for conspiracy to run an unauthorised money-transmitting company. The crypto community worries about the indictment's FinCEN compliance. Peter V...
Cryptocoins News / Blockchain - 2 years ago
Tornado Cash co-founders Roman Storm and Roman Semenov have been indicted for money laundering, sanctions violations, and operating an unlicensed money transmitting business. The US Treasury added Semenov to its list, preventing US residents from usi...
Cryptocoins News / Blockchain - 2 years ago
Russian and CIS investors have filed a class action lawsuit against Atomic Wallet, claiming losses of around $12 million following a security breach in June. The lawsuit, coordinated by German lawyer Max Gutbrod and Moscow's Destra Legal, highlights...
