Crypto and DeFi markets continue to “clamor” for more specificity from Gensler, one policy head said “The SEC continues to force a round peg through a square hole,” according to Blockchain Association...
Tag: firms
Bankrupt Celsius Files Counter Lawsuit Against Trading Firms for Allegedly Stealing Crypto Assets
Embattled crypto lending firm Celsius Network is suing its former business partner and the investment firm’s co-founder for deceit, incompetence and unauthorized possession of property. In a complaint...
US Federal Deposit Insurance Corporation Warns 5 Crypto Firms Against Misleading Customers ⋆ ZyCrypto
Advertisement     The US Federal Deposit Insurance Corporation (FDIC) has issued cease and desist letters to five crypto firms for allegedly misleading customers about...
Hidden Road Partners in Big Talks With Top Firms to Provide Access to Trade or Hedge Crypto Risks
Hidden Road Partners is in talks with hedge funds and many of the top 20 global banks about providing access to trade or hedging their crypto risks, Bloomberg reported citing executives at the firm. H...
FDIC Accused Five Crypto Firms Including FTX.US for Misleading Marketing
Cryptocurrencies are experiencing one of the best times in terms of their popularity and adoption among individuals and institutions. Marketing and advertisements play an important role to make this p...
Crypto Security and Auditing Firms are Thriving During the Bear Market
Crypto security companies are raking in a fortune despite the bear market that has bloodied firms across the rest of the industry. Zeth Couceiro – founder of crypto recruitment company Plexus Resource...
Voyager Creditors Object to Bankrupt Firm’s Plan to Reward Key Staff
The lender took no measures to reduce headcount, the creditor committee said There’s no evidence that “key” employees would resign, they added Creditors of bankrupt Voyager don’t want the lender to pa...
Ukraine tech firms plans to accept Bitcoin
Leading Technological organizations Techno Ïzhak and Stylus have revealed plans to adopt Bitcoin. The organizations intend to start accepting BTC as a means of payment throughout its outlets. Lately, ...
Ukraine tech firms to accept Bitcoin
Leading Technological organizations Techno Ïzhak and Stylus have revealed plans to adopt Bitcoin. The organizations intend to start accepting BTC as a means of payment throughout its outlets. Lately, ...
FDIC Issues Cease-And-Desist Order to FTX US and Other Crypto Firms Over Misleading Information – crypto.news
The United States Federal Deposit Insurance Corporation (FDIC) has handed a cease-and-desist letter to FTX and four other crypto entities over false claims on deposit insurance. As a result, FTX US, C...
FDIC issues cease-and-desist letters to FTX US, other crypto firms over deposit insurance
The Federal Deposit Insurance Corporation (FDIC) has issued cease-and-desist letters to FTX US and four other crypto companies for allegedly making “false and misleading statements” about ...
FDIC Calls Out FTX US, Other Crypto Firms to Stop Misleading Users About Deposit Protection
The Federal Deposit Insurance Corporation (FDIC), a US government agency tasked with stabilizing the financial system in the event of bank failures, on Friday issued five cease-and-desist letters dema...
Top Companies Globally Poured $6B Investment Into Crypto And Blockchain Firms
The emergence of cryptocurrency and its technology has created a robust and attractive force over the past few years. With the high possibility of blockchain technology, a lot of the world’s giant com...
US lawmakers request information on energy consumption from mining firms
Four US lawmakers from the Energy and Commerce Committee have written to four leading crypto mining companies requesting information on their energy consumption. The lawmakers want to determine the ef...
FDIC serves five crypto firms with cease and desist orders 1
The Federal Deposit Insurance Corporation (FDIC) has slammed served five companies dealing in digital assets with cease and desist orders. According to the statement from the regulatory agency, the sa...
US lawmakers appeal directly to 4 mining firms, requesting info on energy consumption
Four members of the United States House of Representatives from the Energy and Commerce Committee have demanded answers from four major crypto mining firms in regard to the potential effects of their ...
Ziglu investors set to lose out after Robinhood slashes firm’s value
Investors in crypto app Ziglu are braced for heavy losses after investment platform Robinhood dropped its valuation of the UK-based company by nearly 60%. Robinhood agreed to buy Ziglu for $170 millio...
Alphabet (Google) Poured $1.5B In Blockchain & Crypto Firms
A number of notable names in fintech and banking are betting on blockchain technology, including Alphabet. Blockdata, a data-driven platform that focuses on blockchain and distributed ledger technolog...
World’s Biggest Companies Invested $6B in Blockchain Firms Since September: Study
Blockdata used the size of the funding rounds as a proxy for total investment, saying it is not possible to determine the amount contributed by each participant in a round. Samsung (005930) was the mo...
‘De-risking’ Crypto Firms Potentially Creates ‘Opacity in Financial Conduct’ – Regulation Bitcoin News
According to the latest guidance note issued by the South African banking sector regulator, Prudential Authority, risk assessment does not mean financial institutions should avoid or eliminate risks v...
Google invested $1.5 billion in blockchain firms since September
Alphabet, Google’s parent company, is overwhelmingly investing in the blockchain sector. A new report has shown that the giant tech firm invested $1.5 billion in the blockchain industry between Septem...
Philippine Tycoon Dennis Uy’s Firms Roll Over Debts, Tap Funding From Billionaire Enrique Razon As Losses Deepen
Dennis Uy, chairman and president of Phoenix Petroleum Holdings, speaks during a Bloomberg round-table discussion in Manila, the Philippines, on March 5, 2018. Veejay Villafranca/Bloomberg Mobile phon...
Celsius’ Alex Mashinsky Hijacked Firm’s Trading Role Before Collapse
Alex Mashinsky, the founder and CEO of crypto lending platform Celsius Network, took charge of his company’s trading strategies, overriding the inputs of “executives with decades of finance experience...
Fed Releases Final Guidance for Crypto Firms Asking To Open Master Account
Crypto firms have received a final guideline to open accounts and payment services that Federal Reserve Banks offer. The Fed published this guideline on August 15. It further revealed that several ins...
Singapore Billionaires’ Property Firms Poised For Bumper Year Amid Post-Pandemic Hotel Rebound
People take photos in front of Singapore’s Merlion statue. ROSLAN RAHMAN/AFP via Getty Images Real estate firms controlled by Singapore billionaires are headed for a bumper year, bolstered by a ...
Shame, suicide attempts, ‘financial death’ — the devastating toll of a crypto firm’s failure
Alex Mashinsky, founder and chief executive officer of Celsius Network Ltd., during a panel session at the Blockchain Week Summit in Paris, France, on April 13. (Benjamin Girette/Getty Images) In Sept...
Email Service Provider, MailChimp Crackdown On Account of Crypto Firms – crypto.news
Several crypto-based firms have had their accounts suspended by MailChimp, an email marketing company. Some affected firms include Decrypt and Messari. MailChimp Goes Hard on Crypto-Related Platforms ...
Philippines Central Bank to Suspend Issuing Licenses to New Virtual Asset Service Firms
The Bangko Sentral ng Pilipinas, the Central bank of the Philippines, announced on Thursday that it would close the regular application window for new virtual asset services providers (VASP) licenses ...
FTX CEO unhappy as crypto firms fail to aid each other
TL;DR Breakdown SBF unhappy other top crypto firms are not providing bailout. Binance to join FTX with bailout. CEO of FTX crypto exchange, Sam Bankman-Fried, has expressed his reservations towards ot...
Philippines Central Bank to Halt Applications for New Digital Asset Firms for 3 Years
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Property Firms Owned By Tycoons Kwek Leng Beng, Mochtar Riady Post Robust Earnings As Hotels Recover
The 1,080 Hilton Singapore Orchard opened in February in time for the resumption of international … [+] travel into the city-state. Courtesy of Hilton Real estate companies controlled by Singapo...