Bitcoin (BTC) has finally pushed above the $17,000 mark after rallying to $17,375 on Jan. 12, with both the bulls and the bears eyeing the Consumer Price Index (CPI) readout due on Jan. 12. If the pr...
Tag: report
Huobi Korea seeks to split from parent company, change its name: Report
South Korean media outlet New1 reported on Jan. 9 that cryptocurrency exchange Huobi Korea is preparing to purchase its shares from Huobi Global and change its name. About 72% of shares in Huobi Korea...
Crypto-asset manager Osprey Funds lays off most of its staff: Report
Digital asset manager Osprey Funds has reportedly laid off most of its staff since the summer of 2022, underscoring the ongoing operational challenges posed by crypto’s enduring bear market. Yahoo Fi...
US Hedge Funds Receive Subpoenas Over Communications With Binance As Investigators Probe Crypto Exchange: Report
Binance, the world’s largest crypto exchange, is reportedly being investigated by federal prosecutors, which has led to multiple American hedge funds being subpoenaed by the Western District of Washin...
The Block: Bitcoin mining report: Jan. 9
Bitcoin mining stocks tracked by The Block were higher on Monday, with 18 gaining and the other one declining. Bitcoin rose 1.6% to $17,234 by market close. Here is a look at how the indiv...
Huobi Korea Set To Breakoff From Parent Entity: Report
– Advertisement – Summary: The Korean division plans to operate on its own and separate from Huobi Global, the parent company of the Singapore-based crypto exchange. Local media house News...
US Investigators Subpoena Hedge Funds in Binance Money-Laundering Probe: Report
Recently, Binance has made efforts to increase its commitment to compliance, growing its security and compliance staff by 500% in 2022. Additionally, last fall the company assembled a global advisory ...
DeFi-type projects received the highest number of attacks in 2022: Report
It’s no secret that in 2022 the world of Web3 and decentralized finance (DeFi) experienced a slew of major exploits and attacks. From the Ronin bridge attack to the Nomad hack, the top 10 exploits alo...
Shiba Inu Price Prediction 2023: SHIB Might Rally in 2023 – Analysts Report!
Shiba Inu price prediction showcases that the SHIB token has been trying to remain inside an interesting pattern over the daily time frame chart. SHIB cryptocurrency is trading at 20-EMA and is thrivi...
Whales Bet on Ethereum To Plunge to $400 This Summer: Report
Yuri Molchan Massive order of ETH put options bought with strike price of $400 Chinese crypto journalist and blogger Colin Wu has tweeted that some crypto whales are believed to have bet on Ethereum t...
Federal Prosecutors and SEC Probing Crypto Titan Digital Currency Group: Report
Federal authorities are reportedly investigating the internal finances of crypto giant Digital Currency Group (DCG). According to a new report by Bloomberg, anonymous sources familiar with the matter ...
Report Claims U.S. Prosecutors Investigate Hedge Funds in Connection with Binance Dealings – Bitcoin News
Federal prosecutors are reportedly investigating U.S.-based hedge funds that have dealt with the cryptocurrency exchange Binance, according to two people familiar with the matter. The hedge funds were...
Ohio Man Steals Over $12,000,000 in Bitcoin (BTC) From IRS, Faces 40 Years in Prison: Report
An Ohio man is facing decades in prison after pleading guilty to stealing millions of dollars worth of Bitcoin (BTC) from the Internal Revenue Service (IRS). According to a new press release from the ...
U.S. Investigators Subpoena Hedge Funds in Binance Money-Laundering Probe: Report
Federal prosecutors are investigating the relationship between Binance and U.S.-based hedge funds as part of a broader investigation into the cryptocurrency exchange’s possible skirting of money...
Mark Cuban Makes Prediction on Next Crypto ‘Scandal,’ Warns of Potential Implosion if Exposed: Report
Billionaire and Shark Tank star Mark Cuban has a prediction on what could be the next thing that rocks the crypto industry. In a new interview with The Street, Cuban says he believes the next “implosi...
Dow surges 700 points Friday, S&P 500 snaps four-week losing streak after employment report shows wage gains cooled in December
U.S. stocks ended sharply higher Friday, with the Dow jumping 700 points, after an employment report showed wage gains slowed in December. The report fueled hopes that the Federal Reserve’s interest r...
FTX asset sales challenged by U.S. Trustee: Report
Bankrupt crypto exchange FTX’s plans to sell its digital currency futures and clearinghouse LedgerX, among other businesses, were challenged by the U.S. Trustee on Jan. 7, according to Reuters. ...
Hedge funds subpoenaed by U.S. prosecutors as Binance probe unfolds: Report
United States prosecutors are investigating hedge funds’ relationships with cryptocurrency exchange Binance for money-laundering violations. According to anonymous sources cited by the Washingto...
Sam Bankman-Fried’s charitable donations sought by FTX: Report
FTX’s new management is seeking to recover millions of dollars in donations made by the crypto exchange and its former CEO Sam Bankman-Fried, reports the Wall Street Journal. At the end of Sept...
$3.9 billion lost in the cryptocurrency market in 2022: Report
Immunefi, a bug bounty and security services platform for the Web3 ecosystem, published a report on Jan. 6 revealing that the crypto industry lost a total of 3.9 billion dollars in 2022. According to...
Digital Asset Exchange Giant Huobi Plans To Lay Off 20% of Its Staff Amid Ongoing Crypto Winter: Report
The Seychelles-based crypto exchange giant Huobi is reportedly planning to lay off 20% of its staff as the ongoing bear market continues to thrash companies across the industry. Reuters reports that H...
Despite SEC Battle, XRP Investment Products Saw Record Inflows in 2022: Report
2022 saw many crypto-assets lose value, prompting investors to pull their money from the market. During turbulent times, inflows plummeted massively. According to the latest report by CoinShares, the ...
Gemini-DCG Fiasco May Shape to Be ‘Market Bottom Event’ in 2023: Report
According to the latest edition of Arcane Research, the entire market appears to be stabilizing even though there’s still some uncertainty left. Having said that, all eyes are on DCG’s next steps, whi...
Huobi net outflows crossed over 60M within the past 24 hours: Report
Cryptocurrency exchange Huobi has seen over $94.2 million dollars in net outflows within the past week. Within the past 24 hours alone, approximately $60 million has flowed out of the exchange, accord...
3 reasons why the December NFP report matters for markets
The Non-Farm Payrolls (NFP) report released yesterday in the United States was the highlight of the trading week. As it turned out, the US economy added more jobs in December than the market expected,...
Crypto Conglomerate DCG Being Investigated by DOJ, SEC: Report
Officials with the U.S. Department of Justice’s Eastern District of New York (EDNY) and the U.S. Securities and Exchange Commission are examining transfers between Digital Currency Group and the...
Crypto Exchange Huobi to Lay off 20% of Staff: Report
Crypto exchange Huobi is set to lay off 20% of its staff, per sources reported by Reuters. Justin Sun, a prominent crypto entrepreneur who joined the company as an advisor in October 2022, had denied ...
Is HedgeUP (HDUP) the Next Crypto Game-Changer? Early Adopters Report Unprecedented Returns (Better Than Avalanche (AVAX))
HedgeUp is the next crypto game changer, thanks to its multiple earning opportunities. Based on the native token HDUP, users can earn staking rewards, but perhaps the most profitable opportunity is th...
TRON’s weekly report, and why investors should be cautious in the coming month
TRON’s weekly stats revealed a couple of new achievements. However, metrics and TRX’s price action were negative. TRON [TRX] released its weekly report on 5 January, which revealed several new stati...