The financial monitoring agency of Ukraine has restricted access to a number of online crypto exchangers operating out of Russia. Some of the coin trading platforms are working with sanctioned Russian...
Tag: news
Kenyan Fintech Kwara Raises $3 Million in Seed Extension – Fintech Bitcoin News
A Kenyan fintech that digitizes credit unions, Kwara, is reported to have raised $3 million via a seed extension round that was backed by DOB Equity, Globivest, and Willard Ahdritz. The latest round b...
Darknet Market Solaris Hacked by Competitor, Elliptic Reveals – Bitcoin News
A leading marketplace on the dark web, Solaris, has been hit by a rival, according to crypto analytics company Elliptic. The Russia-linked platform, which tried to occupy space vacated by the busted H...
‘Digital Currencies Appear Inevitable’ – Featured Bitcoin News
Bank of America says “digital currencies appear inevitable,” adding that central bank digital currencies (CBDCs) and stablecoins are “a natural evolution of today’s monetary and payment systems.” The ...
Jim Cramer Thanks SEC Chairman for Standing up to ‘Crypto Bullies’ Seeking Spot Bitcoin ETF Approval – Regulation Bitcoin News
The host of Mad Money, Jim Cramer, has thanked Securities and Exchange Commission (SEC) Chairman Gary Gensler for standing up to the “crypto bullies” who want the regulator to approve a spot bitcoin e...
Schlumberger Stock Could Rise 45% From Here
Shareholders and analysts got a nice report from SLB, formerly known as Schlumberger (SLB) , Friday morning as the company announced better-than-expected fourth-quarter numbers on strong oilfield ser...
Morgan Stanley CEO Says Inflation Has Peaked and China Has Made a Major Pivot – Economics Bitcoin News
Morgan Stanley CEO James Gorman says two changes have happened recently that “really matter” to the economy. The executive explained that inflation has clearly peaked and China has made a “major, majo...
Genesis Files for Bankruptcy – The Coin Republic: Cryptocurrency , Bitcoin, Ethereum & Blockchain News
Digital Currency Group’s (DCG) subsidiary Genesis Global, filed for bankruptcy on January 19, 2023. The crypto lender was struggling in the market after the collapse of FTX. The crypto lending firm wa...
Market Trajectories Hinge on Decision – Economics Bitcoin News
Equities, precious metals, and cryptocurrencies have been on a tear during the last three weeks of 2023, and all eyes are now focused on the next Federal Open Market Committee (FOMC) meeting, which is...
The 3 Top Dividend Kings for 2023
Dividend Kings are the companies that have grown their dividends for at least 50 consecutive years. There are only 48 companies that belong to this best-of-breed group. Most of them enjoy a meaningful...
Here’s How to Buy Stocks in a Bear Market
Everyone knows that the way to make money in the stock market is to buy low and sell high. It isn’t complicated logic, but the biggest losses that most investors suffer are when they ‘buy ...
Objections Raised Over Appointment of Sullivan & Cromwell as Debtors’ Counsel for FTX – Bitcoin News
On Friday, bankruptcy judge John Dorsey approved the law firm Sullivan & Cromwell (S&C) to be appointed as the debtors’ counsel for FTX, despite an objection from Daniel Friedberg, a former FT...
Crypto Adoption Among Women on the Rise
According to a recent poll, conventional asset classes have not been successful in getting more women into the investment space. However, crypto seems to have been successful in bringing women on boar...
The Importance of NFTs in the Web3 industry
Over the course of the last year, nonfungible tokens, often known as NFTs, have maintained their position as an integral part of the expanding Web3 economy. The introduction of NFTs marked the beginni...
Bitcoin’s Crypto Market Action Holds the Upper Hand as Dominance Level Surpasses 40% – Bitcoin News
On Jan. 21, 2023, the price of bitcoin reached a 24-hour high of $23,333 per unit at 5 a.m. Eastern Time on Saturday. The entire crypto-economy is now valued at $1.05 trillion after rising 7.2% agains...
Does the Bitzlato ‘Nothingburger’ Spell Bad News for Binance?
That doesn’t necessarily mean Bitzlato was not “the China-based money laundering engine that fueled a high-tech axis of cryptocrime,” as the FBI alleges. After all, darknet transactions are supp...
Bybit CEO clarifies company’s exposure to Genesis
On January 20, 2019, renowned cryptocurrency lender Genesis Global Trading became the latest firm to declare bankruptcy in the aftermath of the collapse of FTX. Genesis Global Trading filed for protec...
The Use of Blockchain in the Film Industry
Web 3.0 technologies are making further inroads into a variety of traditional businesses, hence introducing innovation to previously established protocols. This encompasses creative industries that ha...
US Government Seizes $700 Million in Assets From Disgraced FTX Co-Founder Sam Bankman-Fried – Bitcoin News
Federal prosecutors have seized $697 million in assets, mostly comprised of more than 56 million Robinhood shares worth $526 million, from FTX co-founder Sam Bankman-Fried. Court filings detailed that...
Some Good News About ‘Ginny And Georgia’ Season 3
Ginny and Georgia Netflix Ginny and Georgia fans have been biting their nails, waiting for some good news about Netflix renewing the show for season 3. Well, I cannot share that today, as Netflix stil...
Reactions to Genesis Global Trading’s Bankruptcy
Members of the cryptocurrency community expressed their opinions on the situation on social media shortly after the crypto lender Genesis Global Trading filed for protection under Chapter 11 of the Un...
Former FTX US Head Launches New Crypto Software
According to Bloomberg, the former CEO of FTX US is creating a new bitcoin software firm and has already secured $5 million from different investors. Coinbase Ventures and Circle Ventures have provide...
SOL up 20%, ADA Hits Highest Point Since November – Market Updates Bitcoin News
Solana rose by as much as 20% Saturday, as crypto markets came alive to start the weekend. The token hit a 12-week high in today’s session, breaking out of a key price ceiling in the process. Cardano ...
Lawyers Speak on Motions Dealing With Potential conflicts
One of the attorneys defending debtors in FTX’s bankruptcy case, James Bromley, has denounced social media behaviour against his law practise that was fanned by tweets from FTX’s former ch...
BTC Moves to 5-Month High, as ETH Nears $1,700 – Market Updates Bitcoin News
Bitcoin surged to a five-month high to start the weekend, as bullish sentiment returned to cryptocurrency markets. Prices of the world’s largest digital currency rose above $23,000, rebounding from a ...
The UAE’s Minister of State for Foreign Trade Thani Al-Zeyoudi
Thani Al-Zeyoudi, the minister of state for international trade of the United Arab Emirates, has predicted that cryptocurrency would play a “significant role” in the country’s partic...
Switzerland Less Affected by Crypto Industry Crisis, Study Finds – Economics Bitcoin News
While the global industry built around digital assets is losing funds and jobs are dropping off, Switzerland seems to be weathering the storm relatively well, one piece of research claims. In fact, mo...
FTX Founder to Forfeit $700 Million
According to recent documents filed in court, in the event that disgraced FTX founder Sam Bankman-Fried (also known as SBF) is found guilty of fraud, he will be required to relinquish assets valued at...
CFTC Commissioner Questions VCs’ Due Diligence
Commodity Futures Trading Commission (CFTC) raises questions regarding the level of due diligence carried out by institutional investors and their level of accountability regarding the loss of user fu...
Bitcoin Already Priced In Genesis Bankruptcy News? What Next
Bitcoin (BTC) News: Even as crypto lender Genesis Global filed for Chapter 11 bankruptcy protection, the Bitcoin (BTC) price is hardly impacted by the news. The continued strength around the current p...