Huobi Global, once China’s top crypto exchange, published an asset transparency report on Sunday to reassure users that its funds remain safe. As of Nov. 12, there were 191.84 million Huobi toke...
Tag: Asset
a digital asset compliance firm revolutionizing Web3 – crypto.news
TRM Labs provides blockchain intelligence to help financial institutions and government agencies identify and prevent fraud related to crypto. The platform is constantly looking for new ways to improv...
Bank of Russia Sets Out to Regulate Digital Asset Taxation, Exchange, Still Opposed to Crypto – Regulation Bitcoin News
The Central Bank of Russia supports the development of digital financial assets but remains opposed to legalizing crypto payments, its top management has reiterated. The monetary authority is now work...
Huobi reports on asset transparency, totals $3.5 billion in hot and cold wallets
Huobi disclosed balance details of its hot and cold wallets, revealing a total value of about $3.5 billion. The Seychelles-based crypto exchange said it holds 32,000 bitcoins, 274,000 ether, 820...
Silvergate Capital says FTX reflects less than 10% of its total deposits from digital asset customers
Silvergate Capital issued a statement to inform the public of its exposure to FTX and its related entities. The provider of financial infrastructure solutions to the digital asset industry adds to the...
White House: Recent Crypto Crash ‘Further Underscores’ Need for Prudent Regulation of Digital Asset Space
The White House is weighing in on the recent crypto meltdown with pro-regulatory comments in a recent press briefing. On Thursday, White House press secretary Karine Jean-Pierre responded to questions...
SEC Probing FTX Asset Crisis, Sam Bankman-Fried Crypto Empire
FTX SEC Probe news: Sam Bankman-Fried’s FTX is now under the crosshairs of the US SEC and CFTC after the exchange’s liquidity crisis played out. The US regulators are probing the manner in which FTX h...
Silvergate Provides Statement on Digital Asset Market Volatility
LA JOLLA, Calif.–(BUSINESS WIRE)–Silvergate Capital Corporation (the “Company” or “Silvergate”) (NYSE: SI), the leading provider of innovative financial infrastructure solutions to the digital asset i...
HashKey Group Secures Licenses from Regulator to Operate Virtual Asset Trading Platform
Hong Kong-based digital assets company Hash Blockchain Limited (HBL), a member of the HashKey Group, announced to secure regulatory approval from the Securities and Futures Commission of Hong Kong (SE...
Cboe Digital reassures customers of asset safeguards
U.S.-regulated crypto exchange and clearinghouse Cboe Digital issued a letter today to customers to reassure them about asset safeguards as questions mount about the FTX liquidity crunch. “...
Gate.io Proof-of-Reserves Audit Shows User Asset Reserves Exceed 100%
November 9, 2022 – Majuro, Marshall Islands The global cryptocurrency exchange Gate.io has proven that it holds 108% of total user BTC assets in its reserves, according to the independent third-party ...
Bank of Russia Suggests Tax Cuts for Long-Term Digital Asset Holders – Taxes Bitcoin News
The Central Bank of Russia is proposing to introduce tax incentives for long-term holders of digital financial assets. The idea has been circulated with a consultation paper published for public discu...
Gate.io Proof-of-Reserves Audit Shows User Asset Reserves Exceed…
Majuro, Marshall Islands, 9th November, 2022, Chainwire The global cryptocurrency exchange Gate.io has proven that it holds 108% of total user BTC assets in its reserves, according to the independent ...
Incoming Kraken CEO Predicts Bitcoin (BTC) Will Become Benchmark Asset in Traditional Currency Markets – Here’s Why
Incoming Kraken CEO David Ripley predicts Bitcoin (BTC) will become an important financial benchmark as use cases increase along with adoption. In a new interview with SALT’s managing director John Da...
Royalty-Enforcing NFTs Could Be A ‘New Asset Class’ Jack Lu
The largest NFT marketplace on Solana, Magic Eden, is grappling with the issue of creator royalties for NFTs. Recently, Magic Eden lost nearly 40% of Solana’s market share to optional-royalty NFT plat...
Gate.io Proof-of-Reserves attestation shows user asset reserves exceed 100%
The global cryptocurrency exchange Gate.io has proven that it holds 108% of total user BTC assets in its reserves, according to the independent third-party firm Armanino LLP, which released the findin...
Royalty-enforcing NFTs a ‘new asset class,’ South Korea buys NFTs with CBDC and more
Royalty enforcing NFTs to be a ‘new asset class:’ Magic Eden CEO Jack Lu, the CEO of Solana-based nonfungible token (NFT) marketplace Magic Eden, has floated the idea of NFTs designed to enforce royal...
$56,000,000,000 Asset Manager Issues Apocalyptic Economic Warning – Here’s the Forecast
A hedge fund titan is issuing a remarkably dire warning on the fate of the global economy, according to a new report. Elliott Management says the world is currently on the road to hyperinflation, whic...
Asset Protection for High Net Worth Individuals
The steel magnate Andrew Carnegie, reputedly the world’s richest man in the late 19th century, had some advice for anyone who wished to follow his example: “Put all your eggs in one basket,” he ...
Australian Asset Manager Delists Bitcoin, Ethereum ETFs After Just 6 Months
The asset manager behind two of Australia’s first crypto exchange-traded funds (ETFs) has applied to delist the much-hyped investment vehicles just a few months after launch. The fund responsible for ...
From The BPI To Treasury: Bitcoin Is A Strategic Asset for National Security
The BPI took on the U.S. Department of Treasury’s challenge. Treasury requested public comment on digital assets’ national security implications, and the Bitcoin Policy Institute answered with a bomb ...
Crypto Exchange OKX Registers as Digital Asset Business in Bahamas
8 seconds ago | 2 mins read Exchange News FTX has also established a new base of operations in the Bahamas. According to the press release, OKX has also registered under the DARE act. OKX, the exchang...
Digital Asset Marketplace Bakkt Purchasing Trading Platform Apex Crypto for $200,000,000: Report
Bakkt, the digital asset marketplace backed by New York Stock Exchange (NYSE) operator Intercontinental Exchange (ICE), is reportedly acquiring trading platform Apex Crypto. According to a new report ...
Family Offices and HNWIs Investing More In Digital Asset Service Providers
Advertisement     An October 2022 survey report co-authored by KPMG China and Aspen Digital has revealed that the majority of Family Offices (FOs) and High Net Worth I...
Digital Asset Exchange Crypto.com Rolls Out Support for Under-the-Radar DeFi Altcoin
Singapore-based digital asset exchange Crypto.com is adding support for another low-cap decentralized finance (DeFi) altcoin. The exchange’s customers can now trade the native token of Ribbon Finance ...
Bakkt Acquires Turnkey Platform Apex Crypto to Bolster Digital Asset Footprint – Coinotizia
Digital asset manager Bakkt Holdings, Inc., announced on Thursday that the company has acquired the firm Apex Crypto from Apex Fintech Solutions. Bakkt detailed that the acquisition of the turnkey cry...
Bakkt Acquires Turnkey Platform Apex Crypto to Bolster Digital Asset Footprint – Bitcoin News
Digital asset manager Bakkt Holdings, Inc., announced on Thursday that the company has acquired the firm Apex Crypto from Apex Fintech Solutions. Bakkt detailed that the acquisition of the turnkey cry...
Consumer protection should be key in digital asset projects
GP: JPMorgan office S3studio | Getty Images News | Getty Images SINGAPORE — Banks have to prioritize consumer protection as they embark on digital asset experiments, said Umar Farooq, chief executive ...
Goldman Teams With MSCI and Coin Metrics to Create Digital Asset Classification System
“The collaboration brings together MSCI’s expertise in critical decision support tools and services, Coin Metrics’ intelligence in the digital assets space and Goldman Sachs’ innovative platforms pair...
Goldman Sachs Unveils New Classification System for Digital Asset Market
Investment banking giant Goldman Sachs announced today the launch of a new classification system for the digital asset market. The classification system, dubbed “Datonomy” is rolled out in collaborati...
Digital Asset Firm Bakkt to Acquire Apex Crypto for up to $200M
American-based digital asset firm Bakkt Holdings announced Thursday that it would invest up to $200 million in acquiring the crypto trading platform Apex Crypto from its parent company, Apex Fintech S...