The issuer of the most widely used stablecoin says it is not freezing addresses linked to sanctioned crypto mixer Tornado Cash. Early this month, the Treasury Department’s Office of Foreign Assets Con...
Tag: Firm
Ex SEC Chairman Jay Clayton Takes Up Advisory Position With Web3 Venture Capital Firm
Over the years, the crypto space has been swarmed by U.S. regulators walking through a revolving door as financial regulators and advisors. The continuous transitions have set a precedent, triggering ...
Troubled Crypto Firm Voyager to Grant $1.6M in Bonuses to Key Employees (Report)
One of the most affected companies in the crypto space because of the bear market – Voyager Digital – will reportedly pay $1.6 million in bonuses to its top 34 staff. The firm explained that those wor...
Jay Clayton Ex-Chairman SEC Positioned as Advisor With Web3 Venture Capital Firm
Venture Capital appointed three new members on board: Jay Clayton, Pratiti Ratychaudhuri, and Kevin Warsh. The active developers that joined web3 have surged by 65% in 2021. Jay Clayton, Ex-Chair...
Singtel To Sell $1.6 Billion Shares In India’s Airtel To JV Firm Backed By Billionaire Partner Sunil Mittal
A Bharti Airtel store in Mumbai, India, on August 3, 2022. Dhiraj Singh/Bloomberg Singapore Telecommunications said Thursday it has agreed to sell 3.3% of Indian mobile carrier Airtel to Bharti Teleco...
BTC Targets $22,000 Resistance But Tamadoge Stands Firm at the Upside
The Bitcoin (BTC) manages to maintain its position as the coin moves to touch the resistance level of $21,550. Bitcoin Prediction Statistics Data: Bitcoin price now – $25,000 Bitcoin market cap – $409...
Maveninteractive.com Review: What Makes This Firm Worth Investing in Digital Assets?
Global digital assets are an untapped investment opportunity. A new firm has been created to invest in this space, and they’re doing it on behalf of clients worldwide! Maven Interactive takes care of ...
Crypto Firm Crypso Garners $3 Million in New Funds
Crypso – a digital currency investing platform – has garnered an impressive $3 million in new seed funding. The round saw the participation of many of the crypto arena’s most prominent leaders includi...
XRP Network Abruptly Comes to Life As Number of Whale Transactions Surges to Three-Month High: Analytics Firm
Blockchain analytics firm Santiment says XRP whales printed a three-month high in network activity as the token continues to weather low prices. According to the firm, transactions exceeding $100,000 ...
British fintech firm granted crypto license in Cyprus
Revolut, a British Fintech firm, has obtained a regulatory license to extend its services to Cyprus. The firm announced the development in a release on its verified handle. The Cyprus Securities and E...
Tesla Short Scott Burg Makes Multibillion-Dollar Bet Against Elon Musk’s Firm
(Bloomberg) — While Elon Musk has plenty of Wall Street detractors, Scott Burg may be the first distressed-bond manager to make a multibillion-dollar options bet that Musk’s Tesla Inc. will be “...
Tether Discloses Asset Reserves Figures After Audit By New Firm
After announcing it joined hands with public accounting firm BDO Italia, Tether had on Friday released details on its reserves. The company that backs the stablecoin said it had reserves amounting to ...
Crypto firm FTX receives cease and desist from FDIC about insurance
Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, o...
Bitcoin Miners Leave Russia As Another Major Firm Backs Out
Russia has been at the center of worldwide scrutiny since it began the Ukraine invasion. In the latest development, SBI Holdings, Japan’s largest online brokerage has decided to close down its mining ...
Bitcoin (BTC) Is Flashing ‘Yellow Flag’ As Prices Move Sideways, Warns Crypto Analytics Firm Santiment
Crypto analytics firm Santiment says recent Bitcoin (BTC) data contains mixed signals that could be cause for concern on the price charts. According to a new post, the market intelligence company sugg...
Chinese Mining Firm Canaan Inc Doubles Revenue Despite Bitcoin Ban
Canaan Inc, a Chinese cryptocurrency mining giant and computing resource provider, has reported a better than expected revenue, despite the ban on crypto mining and transaction activities in China. As...
Robinhood to Pay Less Than Half of Initial Bid for Crypto Firm Ziglu
Nasdaq-listed financial services platform Robinhood Markets Inc has lowered its bid for United Kingdom-based crypto fintech firm, Ziglu in light of the current realities in the digital currency ecosys...
Tether Announces Hiring of Fifth Largest Accounting Firm For Audits
15 seconds ago | 2 mins read Altcoin News Attestation release schedule will be changed from monthly to quarterly. Tether claims this would be the “next step” toward a full audit of the company. Binder...
Blockchain Protocol Algorand Leads $22M Investment Round in Tokenization Firm Koibanx
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Tether to issue monthly attestation reports with new accounting firm BDO Italia
Tether said Aug. 18 that it is now working with BDO Italia, a top five global accounting firm, in an effort to increase the transparency of the USDT stablecoin. The collaboration will see Tether relea...
Tether aligns with top 5 accounting firm for monthly attestations
Tether Holdings Limited, the issuer of stablecoin Tether (USDT), has announced that attestation reports for its reserves will now be handled by BDO Italia, an accounting firm from the BDO global netwo...
Tether Hires New Top Five Accounting Firm for Reserve Attestations
Key Takeaways Tether announced today that it had employed the top five global accounting firm, Binder Dijker Otte, for its attestation reports. The stablecoin issuer also said it plans to publish atte...
A16z-backed Real Estate Firm to Dabble in Crypto: Report
Flow expects to launch its business in 2023 a16Z previously invested in Neumann’s blockchain-based carbon credits platform Flowcarbon Adam Neumann’s striking return to the real estate market has spark...
Web3 investment firm CoinFund launches $300 million fund
Web3 investment firm CoinFund raised a $300 million fund amid a period of turbulence in crypto markets. The new fund is backed by institutional investors, family offices and crypto founders, accordin...
U.S. Judge Rejects $27.5M Settlement Deal Against Crypto Firm Block.one
Lewis A. Kaplan, a United States Judge in the Southern District of New York, has rejected a $27.5 million settlement in an ongoing class-action lawsuit against blockchain development company Block.one...
Do Kwon Hires Law Firm in South Korea Anticipating Legal Battle: Report
The former CEO of Terraform Labs is reportedly hiring a lawyer in preparation for a possible legal battle over the high-profile multibillion-dollar collapse of the Terra ecosystem in May. According to...
Crypto Lender BlockFi Named Fastest-Growing US Firm
Inc. magazine has recognized crypto firms as among the fastest-growing privately-owned companies in the U.S., with BlockFi taking the top slot on its list. This comes as a huge validation for the indu...
Canadian firm writes off $150M Celsius bet
Caisse de Depot et Placement du Québec (CDPQ), one of the largest pension fund managers in Canada, has reportedly written off the $150 million investment it put in bankrupt crypto lender Celsius Netwo...
Genesis CEO Steps Down as Firm Cuts 20% of Staff
Key Takeaways Genesis Trading has announced the replacement of its CEO Michael Moro. It will also cut 20% of its workforce. The company has recently made a slew of new executive hires, however. Genesi...