Lee Woong-yeol, the honorary chairman of South Korean corporation Kolon, has joined forces with Binance to launch a digital asset exchange in the country. According to Korean local news sources, the K...
Tag: Crypto
Crypto wallet ZenGo is raising funds at a flat valuation of $100 million
Cryptocurrency wallet provider ZenGo is raising funds in a Series A extension round. The Israel-based startup hopes to raise $10 million via convertible notes before targeting a full Series B round la...
Top crypto tweets of the day – February 28th – Cryptopolitan
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...
3D content giant Unity selects Web3 crypto firms for VSP…
World-leading 3D content creator Unity has included 13 top Web3 crypto gaming companies in its Verified Solutions Program (VSP). There are those who still talk of the crypto industry going to zero. Bu...
Report Claims Visa and Mastercard Plan to Pause New Partnerships, Visa’s Head of Crypto Insists ‘Story Is Inaccurate’ – Bitcoin News
According to a recent report from sources familiar with the matter, Mastercard and Visa, the credit card and payment services giants, are halting new partnerships with cryptocurrency firms. This news ...
Crypto Conglomerate Digital Currency Group Reports Loss of $1.1B in ‘Challenging’ 2022
From a consolidated balance sheet perspective, DCG held total assets of $5.3 billion as of Dec. 31, 2022, the report said. This included cash and cash equivalents of just $262 million. Investment asse...
Coinbase Challenges US Regulators With Launch of New Nationwide Crypto Advocacy Campaign
Top US crypto exchange Coinbase is launching a nationwide campaign to advocate for favorable digital asset regulations. Coinbase tells its 5.6 million Twitter followers that Crypto435 is a new initiat...
Aussie man threatened to start bushfire in crypto extortion attempt, police say
An Australian man has been charged with extortion for giving authorities in Queensland a fiery ultimatum: hand over $5 million AUD ($3.4 million) in crypto or he would intentionally start a bushfire. ...
Crypto Sets Higher Standards for Proof of Reserves for Traditional Finance: Bybit CEO
The new norms after 2022: crypto exchanges have set a high bar in transparency with 100% verifiable proof of reserves DEXs form an important part of a healthy ecosystem by supporting medium and long-t...
France passes new crypto registration rules for firms
The French National Assembly passed a set of licensing rules for crypto firms operating in the country as part of a broader bill aimed at harmonizing French law with European Union standards. Th...
Terra (LUNA) Crypto Crashes as Wallet Dumped $1 Billion – Cryptopolitan
Terra (LUNA) cryptocurrency, which had been surging in value over the past few weeks, experienced a major crash on February 23rd, losing nearly 25% of its value in just a few hours. The sudden crash w...
Bybit CEO Advocates for Higher Standards of Proof of Reserves, Bridging the Gap Between Crypto and Traditional Finance – Cryptopolitan
The world of cryptocurrency is rapidly evolving. As the asset class continues to mature, investors are increasingly looking for ways to protect their funds and ensure transparency within exchanges. Re...
The AI crypto boom in the wake of ChatGPT
AI crypto assets are booming, and with them, so are earnings driven by the success of ChatGPT Let’s take a look at what’s been happening among AI-related crypto assets ever since ChatGPT paved the way...
Coinbase Delisting BUSD, Crypto Daily TV 28/2/2023
In Todays Headline TV CryptoDaily News: Coinbase to delist Binance USD stablecoin. Cryptocurrency exchange Coinbase warned customers the company will suspend trading for Binance USD in less than a mon...
Visa, Mastercard halt crypto partnerships until market condition improves
Visa and Mastercard push back on their cryptocurrency partnerships as several cryptocurrency firms collapse Visa had previously partnered with FTX to create a payment gateway Visa and Mastercard – lea...
Cardano Reigns Supreme As Most Actively Developed Crypto Asset — Is ADA’s Moon Landing Guaranteed? ⋆ ZyCrypto
Advertisement     Cardano (ADA), like the rest of the crypto market, has had a horrid year in terms of prices. However, ADA still managed to clinch the title of the mo...
Estonian Pair Arrested for Running $500 Million Crypto Scam
Two 37-year-old Estonian citizens named Sergei Potapenko and Ivan Turogin have been arrested after potentially defrauding hundreds of thousands of people in an alleged crypto scheme. The money lost at...
DCG records over $1b loss in 2022 amid crypto collapses
Digital Currency Group (DCG), a venture capital conglomerate with subsidiaries including Genesis and crypto news publication Coindesk, recorded over $1 billion loss in 2022, majorly as a result of Thr...
NFT designer arrested for allegedly evading crypto tax in Israel
A prominent designer based in Tel Aviv was arrested on Sunday by Israeli authorities for allegedly failing to disclose cryptocurrency earnings in tax reports, according to the Jerusalem Post. Ben Benh...
Ripple asks SEC chair to recuse self from crypto enforcement cases
Ad Ripple’s chief legal officer Stuart Alderoty asked the U.S. SEC chairman Gary Gensler to recuse himself from voting on any enforcement case relating to cryptocurrencies because he has prejudged the...
Robinhood Faces SEC Investigation Over Crypto Business
Robinhood Markets Inc., the firm behind the popular trading app, said today that it was subpoenaed by the Securities and Exchange Commission in December. The company disclosed the investigation in its...
Crypto Legislation a Partisan Issue, Ownership Swings Both Ways
A recent study indicates that Republican, Democratic, and Independent ownership of cryptocurrency is consistent, despite the fact that crypto legislation is stalled in the U.S. Congress as a partisan ...
Crypto News Today: Bearish Clouds Haunt the Crypto Space-USDT Dominance Rising High
After undergoing significant pressure, the USDT has maintained its peg at $1. The trading volume spiked finely during the early trading hours. Stablecoins like USDT, and USDC have appeared to be under...
Here’s What Could Trigger the Next Bitcoin (BTC) Breakout, According to Popular Crypto Analyst
A closely followed crypto strategist is unveiling what he thinks could trigger the next Bitcoin (BTC) rally. Analyst Michaël van de Poppe tells his 649,800 Twitter followers that Bitcoin is likely to ...
Voyager Selling a Bunch of Crypto Assets Via Coinbase: Arkham
Voyager reportedly sold $100 million out of $630 million in assets on the platform. The largest assets remaining on the platform are Ethereum and Shiba Inu. Within three days, Voyager received around ...
SEC attacks crypto again especially Robinhood
The US Securities and Exchange Commission (SEC) has subpoenaed trading and brokerage app Robinhood for its crypto services. The company revealed this in an annual financial filing released Monday. The...
Crypto Market Liquidity Dwindling, Sparks Concern Among Traders
The Bitcoin (BTC) and Ethereum (ETH) industries have a combined crypto market dominance of approximately 61 percent. Most of the altcoin and the stablecoins industries significantly depend on the succ...
SEC Chair Gary Gensler Doubles Down on Stance That Every Crypto Asset Is a Security Except Bitcoin (BTC)
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler says that just about every crypto asset is a security. In an interview with the New York Magazine, Gensler claims that every coin besid...
Avraham Eisenberg Arrested for Mango Markets Crypto Scam
Avraham Eisenberg – a man from Puerto Rico – is set to face charges in a New York City courtroom after allegedly invoking a crypto fraud scheme that cost investors more than $110 million. Avraham Eise...
HSBC restricts crypto purchases on FCA advice
HSBC does not allow crypto purchases using their cards starting Feb. 23 due to possible customer risk. The financial giant claims that the Financial Conduct Authority (FCA) has warned against investin...