Jonathan Miller said that the company, which is badly using its balance sheet, got affected by crypto contagion. He is a managing director of Kraken Australia, a US-based crypto exchange company. Acco...
Tag: Crypto
Recent Crypto Rally Not Convincing Enough To Call for New Bull Run Yet, Says Analytics Firm Glassnode
The crypto analytics firm Glassnode is not yet convinced crypto is on the road to recovery after the recent market rally. In a new analysis, Glassnode notes that on-chain transaction demand for Bitcoi...
Bankrupt Crypto Exchange Zipmex Resumed Withdrawals from Its Z Wallets
As part of the recent unlocking, users can transfer the three altcoins – SOL, ADA, and XRP – from its Z wallet to the Trade wallets. On Tuesday, August 2, bankrupt crypto exchange Zipmex announced tha...
Dubai-based Crypto Exchange Becomes Safe Haven for Russian Traders
Dubai-based exchange Coinsfera is attracting traders from countries under sanctions, including Russia and Iran, Bloomberg reported. Coinsfera is a crypto over-the-counter (OTC) desk which allows its ...
5 reasons why this crypto bear market is different | Industry Analysis| OKX Academy
There exists a common meme in the blockchain and cryptocurrency industry that claims “this time is different.” It almost never is. However, when it comes to analyzing bear markets, there are key diffe...
22 new crypto available- The Cryptonomist
Revolut, the fintech app that boasts as many as 20 million customers worldwide, today announced the addition of 22 new tokens, reaching more than 80 supported cryptocurrencies. Revolut expands number ...
Trading Platform Forex Suggest to Launch Crypto Calculator for Cost Evaluation
Luxembourg-based crypto institution and trading platform Forex Suggest announced Wednesday the roll out of a cryptocurrency calculator for clients to evaluate trading costs on cryptocurrencies. The cr...
NY State Financial Regulator in Slaps Robinhood’s Crypto Division with a $30M Fine – crypto.news
The New York state financial watchdog has levied a $30 million fine against Robinhood’s cryptocurrency division for allegedly breaking cybersecurity and anti-money laundering laws. This is the latest ...
Crypto miner Digihost plans to move rigs from New York to Alabama
Digihost, a United States-based cryptocurrency mining company, has announced plans to move part of its fleet from New York to Alabama in an effort to lower energy costs. In a Tuesday announcement, Dig...
Cross-blockchain bridges keep breaking as crypto startup Nomad hacked for $190M
Nomad lost $190 million in a hack of its cross-blockchain bridge on Monday. Its team says it’s working with law enforcement, has hired blockchain intelligence and forensics experts, and aims to recove...
Robinhood’s Crypto Unit Fined $30M by New York Regulator
The crypto division of online trading platform Robinhood has been fined $30 million by the New York State Department of Financial Services (NYDFS) for allegedly breaking anti-money-laundering and cybe...
NY Attorney General Urges New Yorkers ‘Deceived’ by Crypto Firms to Contact Office
New York Attorney General (NYAG) Letitia James has urged New Yorkers who’ve found themselves locked out of their accounts or who’ve been “deceived about their cryptocurrency investme...
Blockchain.com Gets Full Approval to Operate Crypto Exchange in the Cayman Islands
Blockchain.com, a cryptocurrency exchange headquartered in London, announced that it had received full regulatory approval from the Cayman Islands Monetary Authority (CIMA) to operate its exchange and...
U.S. Senators seek to grant CFTC control over crypto regulation
While financial authorities around the world are looking for opportunities to control the cryptocurrency sector, a United States Senate committee is planning to propose a bill that would place digital...
Paxful Enforces Facial Recognition for Crypto Transactions
Paxful – a global peer-to-peer (P2P) fintech platform – is working with iProov, a company that specializes in biometric authentication technology. Together, both firms will utilize the facial recognit...
Africa’s crypto adoption numbers continue to break records as blockchain investment grows
Despite the recent crypto market meltdown, the African blockchain scene has continued to attract significant funding, with venture capitalists (VCs) still betting on the sector’s future. During the f...
Don’t Expect 2021-style Crypto Returns Anytime Soon, Says Dexterity Capital
Trading volumes for the quant trading firm have dwindled since Terra’s crash But Safai said cryptoasset price declines in itself didn’t have a negative effect on the firm Dexterity Capital’s Michael S...
Zipmex Crypto Exchange Resumes Withdrawals for Altcoins, No Word on Bitcoin
Embattled Asian crypto exchange resumes withdrawals for some altcoins, though bitcoin and ether remain frozen. The exchange will progressively allow XRP, Solana (SOL), and ADA withdrawals from the Z W...
New York Regulator Smacks Robinhood Crypto With $30 Million In Penalties ⋆ ZyCrypto
Advertisement     The New York State Department of Financial Services (NYDFS) on Tuesday handed Robinhood’s crypto trading unit a $30 million fine for alleged violatio...
Live Crypto Party (LCP) Is Now Available for Trading on LBank Exchange
INTERNET CITY, DUBAI, Aug. 2, 2022 – LBank Exchange, a global digital asset trading platform, has listed Live Crypto Party (LCP) on August 2, 2022. For all users of LBank Exchange, the LCP/USDT tradin...
How To Protect Your Crypto From Solana Like Hack
The Solana ecosystem experienced a massive hack that affected more than 8000 wallets. The hackers drained multiple tokens like SOL and USDC from the wallets. The monetary impact of the attack, while s...
Bitcoin holds above 200-weekly moving average showing resilience despite crypto hacks
This morning August 3, Bitcoin (BTC) was able to retake $23,000, which is positive news for bulls since it means that the price is now trading above the closely monitored 200 weekly moving average (wh...
Tax Agency Vows to Go Hard After Koreans Using Crypto to Evade Levies – Taxes Bitcoin News
South Korea’s tax administration has pledged to take strict measures against tax evasion through virtual assets and platforms. While the Korean government is yet to start taxing capital gains resultin...
Crypto users spent $2.7B minting NFTs in first half of 2022: Report
According to new market research published by blockchain data firm Nansen, crypto users spent 963,227 Ether (ETH), worth $2.7 billion, minting nonfungible tokens (NFTs) on the Ethereum blockchain in t...
Crypto Bridge Nomad Exploited for $190M in ‘Frenzied Free-for-All’
In one of the most extensive hacks since Axie Infinity’s Ronin Bridge Sidechain in March, an exploit on the Nomad token bridge has allowed attackers to rob the bridge of roughly $190 million. Se...
Institutions Turned Bullish on Crypto in July with 2022’s Strongest Inflows of $474,000,000: CoinShares
Institutions opted to buy back into crypto throughout July, according to leading digital assets manager CoinShares. Digital asset investment products witnessed a total of $474 million worth of inflows...
Crypto trading platform Robinhood cuts staff…
The so-called “crypto winter” continues to bite deep into the sector, as crypto trading platform Robinhood becomes the latest to divest itself of staff as its revenues plummet. Robinhood, the one time...
South African central bank official accused of spreading crypto misinformation
As financial institutions around the world seek ways to regulate and incorporate the cryptocurrency industry into their operations, one nation’s central bank official has been accused of spreading dam...
Robinhood Axes 23% of Staff, Cites “Broad Crypto Market Crash”
Share this article Robinhood CEO Vlad Tenev said the layoffs were concentrated in its operations, marketing, and program management departments. Another Robinhood Staff Cut Robinhood is letting go o...
Robinhood cuts a further 23% of its workforce citing “Broad Crypto Market Crash”
Robinhood Markets Inc. (NASDAQ: HOOD), on Tuesday, announced that it will have to lay off a further 23% of its workforce after laying off 9% at the beginning of this year. The online brokerage firm bl...
Putting Your Crypto Holdings to Work as Collateral
Real estate buyers can use crypto as collateral rather than selling it to fund the property purchase, says Troy Huerta, the CEO of ByBrix. Following months of sky-high home prices, the US real estate ...