KPMG’s latest research report shows blockchain technology, the solid foundation behind bitcoin and other crypto assets, was the 5th most popular innovative tech among Chinese fintech companies last ye...
Tag: firms
FTX Owes The Money of Giant Firms Including Apple, Google, and Netflix
According to a 115-page list of FTX’s potential creditors, major firms marked their names in it. The big names of firms are Google, Apple, Meta, TikTok, Twitter, Verizon, Netflix, and a slew of compan...
UK’s FCA hints at why it’s only given 15% of crypto firms the regulatory nod
Despite the plans to turn the region into a bustling crypto hub, the United Kingdom’s financial watchdog says it has given the all-clear to only 41 out of 300 crypto firm applications seeking regulato...
UK’s FCA Gives Regulatory Approval To Crypto Firms But Only A Few, Here’s Why
Despite its goal to become a crypto hub, the United Kingdom (U.K.). is still strict with its crypto regulations. Today, the U.K. financial conduct authority disclosed its regulatory approval of crypto...
Crypto firms face uphill battle to meet FCA standards
In a concerning discovery, a new report from the Financial Conduct Authority (FCA) reveals that a staggering 85% of cryptocurrency firms who applied for a license with the regulator failed to meet its...
Crypto Law Firms are in Huge Demand for New Economy
Law firms with detailed knowledge of blockchain technology and Web 3 will be in high demand in the upcoming years. Currently, the crypto industry does not operate within proper rules or regulations. G...
France Gives Crypto Firms Extra Time to Become Fully Registered
France’s lower house approved an amendment allowing cryptocurrency firms to continue operation until the advent of the EU’s MiCA legislation. France’s National Assembly has passed an amendment providi...
One of Wall Street’s most feared short-selling research firms just accused Asia’s richest man of a multibillion-dollar fraud
Asia’s wealthiest person saw his fortune take a hit on Wednesday, after a famed U.S. short-seller accused him of “pulling the largest con in corporate history.” In a report published on Tuesday, Hinde...
New York’s Financial Regulator Takes Aim At Firms Commingling Funds After New FTX Regulations ⋆ ZyCrypto
Advertisement     The New York Department of Financial Services has released a new guideline to regulate how firms handle customer assets. The department takes the bu...
France Gives Crypto Firms More Time to Comply
French lawmakers have adopted a softened approach to crypto licensing in the country, giving operators more time to meet new Europe-wide standards. Members of the National Assembly voted through an am...
Elon Musk Accuses Two Influential Firms of Controlling the Stock Market
Elon Musk likes to attack circles of power. It’s as if he’s on a mission. Nothing seems to motivate him more than slapping a revered institution or icon. He seems to be committed to challe...
How Venture Capital Firms are Leveraging Relationships to Attract Deals and Investors – Cryptopolitan
In today’s fast-paced and highly competitive startup ecosystem, venture capital firms (VCs) are always on the lookout for new ways to gain an edge. One strategy that has proven to be effective for man...
NYDFS advises crypto firms not to commingle user and corporate funds in the event of insolvency
The New York Department of Financial Services, or NYDFS, has released guidelines on how licensed crypto firms should handle customer assets should they face “insolvency or similar proceeding”. In a Ja...
Regulators in New York Taking Aim at Crypto Firms That Mishandle Customer Funds: Report
The New York state financial regulator is preparing to release new guidelines aimed at preventing another co-mingling crypto collapse like FTX. According to a new report from Reuters, the New York Sta...
Bankrupt Crypto Lender Genesis Owes Over $3,800,000,000 to Firm’s Largest 50 Creditors
New documents reveal that embattled crypto lender Genesis owes billions of dollars to its 50 largest creditors. In recent voluntary bankruptcy filings, the crypto firm divulges that it owes $3.8 billi...
Nearly 60,000 Laid Off In January So Far As Major Firms Increase Cuts
Topline Nearly 60,000 employees lost their jobs in large corporate layoffs in the U.S. so far this month—the highest monthly total since Forbes began tracking layoffs fueled by recession fears last ye...
Thailand SEC Issues Rules For Firms Offering Crypto Custody Services
8 hours ago | 2 mins read Exchange News Since January 16th, the new rules have been in place. Already established firms have been given a grace period of six months to comply. On Tuesday, the Securiti...
Bybit Founder Addresses Concerns Over Firm’s $151M Exposure to Bankrupt Genesis
Ben Zhao, the founder of crypto exchange Bybit, took it to Twitter to address concerns raised over the company’s exposure to the now-bankrupt crypto lender Genesis Global Capital. According to court f...
HashKey Capital Joins Most Active VC Firms’ Top League: Report
Vladislav Sopov HashKey Capital, global cryptocurrency-focused VC firm, booked its spot on top VCs list, new report says Contents With 321 investments, HashKey Capital named among most active VC backe...
HashKey Capital named as one of the key VC firms in the crypto industry
The landscape of cryptocurrency venture financing is constantly shifting, with different firms in and around the space funding deals in blockchain amid turbulent crypto markets. In this line, HashKey...
Circle CEO Anticipates More Crypto Firms Filing Bankruptcy in 2023
8 hours ago | 2 mins read Altcoin News Jeremy is nevertheless hopeful about forthcoming market innovations. Allaire predicted that crypto contagion will have a negative influence on the market. On Tue...
Coinbase, Crypto.com, & More Firms Layoff Over 1,600 People In 2023
Crypto companies inducing Coinbase, Crypto.com, Kraken, and more are cutting off jobs in 2023. Crypto.com has laid off a total of 2,110 employees since 2022. Crypto.com founder blames FTX’s downfall f...
FTX Bankruptcy Filing Reveals SBF’s Connection With VC Firms
FTX exchange, a popular cryptocurrency exchange which was widely used by traders to buy and sell coins and tokens filed for bankruptcy on 11 November. Since then the investigation team has been on the...
FTX Empire Ties With VC Firms Under Probe
SBF News: Sam Bankman-Fried, the co-founder and former CEO of FTX, invested over 20 million USD in a venture capital firm, Paradigm, that later bought a stake in FTX, revealed the court filings. As th...
France Demands Licenses For Non-Registered Crypto Firms –
Join Our Telegram channel to stay up to date on breaking news coverage The Financial Markets Authority (AMF) in France has demanded that all non-registered crypto firms should secure licenses. News: F...
A 1981-level mortgage rate shock has the housing market in a correction—these 7 leading research firms predict what’s next for rates
The Federal Reserve eventually quelled the inflationary run that took off in the 1970s, but only after the central bank’s aggressive rate hikes saw mortgage rates top 18% in 1981 and the housing...
Senators voice concerns over law firm’s role in FTX bankruptcy
Four lawmakers lambasted a prominent law firm’s role in FTX’s bankruptcy proceedings and called for an independent examiner to oversee the investigation into the crypto exchange’s collapse. Sen...
Hong Kong Lures Crypto Exchanges and Firms Through Licensing
10 hours ago | 2 mins read Exchange News Regulators are ready to give licenses to crypto companies and exchanges. Crypto exchanges are now subject to regulations that are on par with conventional bank...
Seward & Kissel Elevates Philip Moustakis to Partner and Kevin Cassidy to Counsel as Part of Firm’s Annual Promotions
NEW YORK–(BUSINESS WIRE)–Seward & Kissel LLP, a leading national law firm, is pleased to announce that Philip Moustakis has been promoted to partner. The firm has also promoted Kevin Cassidy to co...