Hong Kong Lures Crypto Exchanges and Firms Through Licensing

10 hours ago | 2 mins read Exchange News Regulators are ready to give licenses to crypto companies and exchanges. Crypto exchanges are now subject to regulations that are on par with conventional bank...

Genesis under attack: the crypto lender faces the SEC

SEC vs DCG and Genesis US authorities are now digging into all the financial relationships between the two crypto companies headed by Barry Silbert. Digital Currency Group has already received many re...

US commercial bank closes crypto service over regulatory concerns

Metropolitan Commercial Bank has announced that it will be closing down its crypto business due to the regulatory environment. Uncertainty for banks The New York-based bank, which has been offering cr...

Did The 2022 Crypto Sanctions Have A Real Impact?

The U.S. and other financial institutions and law enforcement agencies are stepping up their efforts to sanction crypto entities. The U.S. and its Office of Foreign Assets Control (OFAC) changed the m...

Community Disagrees With Jim Cramer’s Advice Against Crypto

Crypto analyst asked if the crypto community agreed with Jim Cramer’s statements. The Twitter crypto community believed that digital assets will be having a bullish year. Jim Cramer told investors tha...

Crypto Regulation Knocking at the Door of Hong Kong and France

Hong Kong and France speed up the crypto regulation process while other countries also steadily move to regulate the asset class. The FTX collapse has pressured regulators globally to speed up on how ...

Zilliqa (ZIL) Price Prediction as Crypto Market Bounces

Join Our Telegram channel to stay up to date on breaking news coverage As we enter 2023, Zilliqa has started off strong, closing six consecutive green daily candles for an impressive 10.93% jump while...

Hong Kong Reaffirms Goal of Becoming Crypto Hub

Hong Kong has expressed its desire to become the world’s leading crypto hub as the industry reels from the fallout of the collapsed crypto exchange FTX. Hong Kong’s financial secretary since 2017, Pau...

US Hedge Funds Receive Subpoenas Over Communications With Binance As Investigators Probe Crypto Exchange: Report

Binance, the world’s largest crypto exchange, is reportedly being investigated by federal prosecutors, which has led to multiple American hedge funds being subpoenaed by the Western District of Washin...

Crypto layoffs mount as exchanges continue to be ravaged by the prevailing bear market

There’s no denying that the crypto market has been gripped by immense bearish pressure over the past year, as made evident by the fact that the total capitalization of this sector has continued to hov...

Worlds industrial metaverse firm raises $21m despite crypto winter 

Worlds, an industrial metaverse firm, announced that it successfully completed its $21.2 million Series A1 funding round. The industrial metaverse project aims to use the funds to bolster its artifici...

Where To Trade Crypto In 2023

– Advertisement – The year 2022 is one that cryptocurrency investors and traders would like to soon forget, but it is bound to be a painful memory for a long time. The year saw not only th...

BlockFi management’s attorney tells court: no crypto has been withdrawn since October

Contrasting it to Celsius Network, a rival crypto lender in bankruptcy proceedings, BlockFi’s executives have not withdrawn any of their cryptocurrencies since October 2020. However, this was confirme...

Solana (SOL) Becomes Most-Viewed Crypto After 20% Rally

Over the last week, Solana (SOL) has emerged as one of the top winners in the crypto market after seeing more green days than red in the last week. It is still continuing the streak into the new week ...

Best crypto memes of the day – January 9th

Ibiam Wayas Ibiam is an optimistic crypto journalist. Five years from now, he sees himself establishing a unique crypto media outlet that will breach the gap between the crypto world and the general p...

Optimism (OP) Price Prediction : OP crypto surged 15% on intraday and heading towards $2.00 mark

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Mysterious crypto whale transfers over 3T Shiba Inu (SHIB) in one huge transaction

Shiba Inu (SHIB), slated to undergo a layer-2 upgrade soon, has suddenly seen a crypto whale move more than $28.7 million worth of SHIB. The sending wallet has a zero SHIB balance According to the blo...

Best crypto threads of the day – January 9th

Ibiam Wayas Ibiam is an optimistic crypto journalist. Five years from now, he sees himself establishing a unique crypto media outlet that will breach the gap between the crypto world and the general p...

Crypto.com Under UK Regulators’ Scrutiny for False Advertising

Crypto.com is in legal trouble with UK’s watchdog for misleading advertisements, while crypto companies are parting ways with sports partnerships. The UK Advertising Standard Authorities (ASA) have ac...

Binance: “Google uses CoinMarketCap for its crypto data”

Changpeng CZ Zhao, CEO of Binance, said Google uses CoinMarketCap (CMC) for its cryptocurrency data. Google and the use of CoinMarketCap for crypto data On the social of crypto-lovers, Twitter, Changp...

Bull Trap? Analyst Who Called Last Collapse Says Crypto Rally Will Turn Into Massive Correction

The popular crypto analyst who nailed Bitcoin’s (BTC) 2022 collapse says that the current market rally is likely a bull trap. The pseudonymous analyst known in the industry as Capo tells his 698,800 T...

Biggest Crypto Gainers Today – January 9

Join Our Telegram channel to stay up to date on breaking news coverage After a lacklustre start to the year, the crypto marketplace has increased by around 3.5% over the previous 24 hours, reaching a ...

Crypto asset manager Osprey cuts most of its employees

Digital asset manager Osprey Funds has laid off 15 employees and is currently operating with fewer than 10 employees, according to a source familiar with the matter.  The news comes as the cryptocurre...

Metropolitan Bank Is Fleeing Crypto. Bitcoin Investors Should Be Worried.

Metropolitan Bank Holding (ticker: MCB), one of the earliest banks to delve into digital assets, says it’s closing out the part of its business that catered to crypto firms. It’s a development that sh...

Ferrari Joins List Of Growing Companies That Cut Ties With Crypto

In advance of the next Formula One racing season, Ferrari has ended its collaboration with the Velas blockchain. According to reports, Scuderia Ferrari refused to follow the conditions that had to be ...

Ethereum Rival Solana (SOL) Surges 109% From Lows As Crypto Markets Turn Green

Solana (SOL), one of Ethereum’s (ETH) biggest competitors, has more than doubled in price since it collapsed to $8.30. SOL’s local low of $8.30 marked a nearly 97% drop from its all-time highs, and cr...

This Sub-$1 Billion Crypto Is Leading Market Gains, Here’s The Reason

The crypto market is in another full recovery mode and bitcoin has since crossed the elusive $17,000 price level. However, while the largest digital assets in the space are seeing a lot of green, one ...

New York-based bank exits crypto after tumultuous year

The last year proved to be another turbulent year for the crypto industry. From a lasting market downturn and exploits in decentralized finance (DeFi) to the FTX scandal, no area was left unscathed. F...

Top crypto tweets of the day – January 9th

Ibiam Wayas Ibiam is an optimistic crypto journalist. Five years from now, he sees himself establishing a unique crypto media outlet that will breach the gap between the crypto world and the general p...

Crypto ATM installation slowed in the second half of 2022

The rate of new crypto ATM installations across the globe declined significantly in the latter half of 2022, with fewer than 100 machines coming online during the period. The total count of these mach...

Metropolitan Bank no longer wants anything to do with crypto

According to a press release issued by the New York-based Metropolitan Commercial Bank, also known as “MCB,” the banking institution no longer wants to deal with cryptocurrencies. The bank has said th...

Hong Kong set to enforce crypto regulation from June

Hong Kong’s Financial Secretary Paul Chan said that the government has completed its crypto regulation framework, which will come into effect in June 2023. Speaking at the POW’ER Web3 Summit on Jan. 9...