Crypto firms are busy hiring executive talent, especially in the venture space. Layoffs have been in the headlines since last June, yet some firms have continued to add talent where needed. Her...
Tag: firms
Bitcoin Flashing Conflicting Signals About the Start of the Next Bull Market, According to Two Analytics Firms
Bitcoin (BTC) is printing conflicting signals about when the next bull market will kick off, according to metrics shared by two different crypto analytics firms. Santiment says that BTC continues to h...
The U.S. government’s regulatory strategy towards crypto firms
According to Nic Carter, co-founder of venture firm Castle Island and crypto intelligence firm Coin Metrics, the alleged strategy involves isolating the traditional financial system from the cryptocur...
Tether Has Moved Reserves to Capital Union and Two Other Firms
Tether has moved $37 billion of its reserves to Capital Union Bank in 2021. The transfer of the share followed the company’s settlement with the New York Attorney General’s office. The company has als...
SEC Chair Gary Gensler Issues Stern Warning To Crypto Firms, Demands Compliance Following Action on Kraken Staking
In the world of cryptocurrencies, the U.S. Securities and Exchange Commission (SEC) is considered the watchdog. The SEC ensures that investors are protected from fraudulent and illegal activities in t...
SEC chair issues warning to crypto firms after action on Kraken staking
United States Securities and Exchange Commission Chair Gary Gensler issued a warning to crypto companies to “come in and follow the law” after the agency announced a settlement with crypto exchange Kr...
SEC Chair Demands Full Disclosure From Crypto Firms
Chairman of the Securities and Exchange Commission (SEC) Gary Gensler said in an interview on CNBC that crypto companies will not survive unless they comply with free and fair disclosure rules. Gensle...
Deutsche Bank Announces Investments in Two Crypto Firms as More TradFi Institutions Join the Race ⋆ ZyCrypto
Advertisement     The bank is planning to acquire a minority stake in Deutsche Digital Assets and Tradias. Deutsche believes that there are opportunities in the curren...
Dubai publishes a new set of rules for crypto, including mandatory licenses for crypto firms
Join Our Telegram channel to stay up to date on breaking news coverage Dubai recently made a move to address the increased adoption and presence of the crypto industry on its territory by publishing a...
DWS Collaborates with German Cryptocurrency Firms; Reports Say
The DWS has been discussing investing in two German cryptocurrency firms. The firms include Deutsche Digital Assets and Tradias. The firm is also interested in collaborating with Galaxy Digital. The w...
Binance APAC Head Claims Crypto Firms Must Wait for Full Audits
Binance’s Asia-Pacific chief Leon Foong said that accounting firms must develop standards to address crypto volatility before they can fully audit crypto firms. Foong said that Binance will only condu...
Crypto Firms Will Not Advertise at Super Bowl (Report)
Cryptocurrency exchanges will supposedly not promote their products and services during Super Bowl LVII this Sunday (February 12). The bear market in 2022 shook the industry to its core, wiping out cl...
SEC to up scrutiny of firms offering or giving advice about crypto
Crypto brokers and investment advisers offering or giving advice about cryptocurrencies will be put under the scope of the United States securities watchdog this year. A Feb. 7 statement from the Secu...
Crypto Lending Firms Hit Worst As FTX Crises Spreads ⋆ ZyCrypto
Advertisement     The collapse of the FTX exchange may have been the worst sting ever for the crypto industry since it continues to cause more crypto companies to coll...
SEC To Step Up Probe On Firms And Brokers Pitching Crypto
The Securities and Exchange Commission is in charge of regulating the United States’ securities markets. In the context of cryptocurrencies, the SEC has taken a cautious approach to regulation, classi...
Bitcoin mining firms Hut8 and US Bitcoin announce merger
Hut 8 and U.S. Bitcoin have joined forces to form a new bitcoin mining corporation dubbed Hot 8 Corp., a large-scale publicly listed bitcoin mining corporation with access to 825 MW of electricity. Hu...
Dubai Mandates Licensing for Crypto Firms in New Regulatory Rule
Dubai regulatory body issues rules for crypto firms covering exchange services and advertising. The penalty for non-compliance is a fine between $5,400 and $54,451.32. The issuance of privacy coins is...
Mining Firms Hut 8 Mining Corp and US Bitcoin Corp Announce Merger
10 hours ago | 2 mins read Bitcoin News The merged business would be headquartered in the United States. Shares of Hut 8 Mining (HUT) finished the day up 7% at $2.38. In an all-stock transaction, Hut ...
Crypto firms could face 2 years jail for breaching UK advertising laws
Newly proposed advertising rules in the United Kingdom could potentially see executives of crypto firms face up to two years of prison for failing to meet certain requirements around promotion, accord...
UK crypto firms could be jailed for 2 years for violating advertising laws
The new proposed advertising rules in the UK could subject executives of crypto firms to up to two years in prison for failing to meet certain promotion requirements. Crypto firms would need either FC...
Firms Unlawfully Advertising Crypto in UK Could Face Jail Time: FCA
Peddling crypto products in the UK? You’ll soon need authorization for that, says the country’s financial regulator. In a new statement from the Financial Conduct Authority (FCA), firms that do not f...
‘Uniswap Controlled by a16z?’: Crypto Twitter Split Over VC Firm’s Governance Move
It’s another day in crypto governance experiments. This time, Uniswap has taken center stage in a divisive new proposal to deploy the trading protocol on BNB Chain. Specifically, commentators have r...
UK watchdog warns crypto firms of tougher rules with prison penalties
Listen to this article. The UK’s top financial watchdog, the Financial Conduct Authority (FCA), has kicked off 2023 with strict warnings for the tech and crypto sectors, amid concerns that the cost of...
Crypto Firms Make Job Cuts Amidst Ongoing Crypto Winter
This week, many cryptocurrency companies have eliminated jobs in response to the current crypto winter. However, these companies have chosen to keep “impactful” people on staff as they pre...
State Farm and Progressive are now refusing to cover certain cars made by big South Korean auto firms — here are the models and why they’re too risky to insure
This is ‘a serious problem’: State Farm and Progressive are now refusing to cover certain cars made by big South Korean auto firms — here are the models and why they’re too risky to ...
Hackers Stole $3.8 Billion From Crypto Firms in 2022, Says Chainalysis – Featured Bitcoin News
Blockchain analytics firm Chainalysis says 2022 was “the biggest year ever for crypto hacking,” with $3.8 billion stolen from cryptocurrency businesses. The firm added that decentralized finance (defi...
Voyager creditor requests trustee to take control of the firm’s estate
A voyager creditor, Michelle DiVita, is reportedly calling for a Chapter 11 trustee to seize the bankrupt firm’s estate. DiVita also accused Voyager Digital of misinforming the public about the compan...
86% of UK Crypto Firms Fall Short of Anti-Money Laundering Standards, FCA Reveals ⋆ ZyCrypto
Advertisement     On Friday, the UK Financial Conduct Authority (FCA) revealed that only 41 crypto firms had passed its regulatory approval scrutiny out of 300 applica...
Crypto Firms Are Reducing Their Existing Workforce
To maintain economic giants, the tech giants are reducing their existing workforce. The first month of the new year started with huge layoffs of nearly 3000 workers from different sectors. The financi...
Billionaire Gautam Adani Gets Vote Of Confidence From Abu Dhabi Firm’s $400 Million Investment
Gautam Adani speaks at the World Congress of Accountants in Mumbai on November 19, 2022. INDRANIL MUKHERJEE / AFP Gautam Adani has won a vote of confidence from a $400 million investment by Internatio...