Japanese regulators are reconsidering some major cryptocurrency restrictions related to the use of stablecoins like Tether (USDT) or USD Coin (USDC). The Financial Services Agency (FSA) of Japan will ...
Tag: report
Larry Cermak unpacks The Block Research’s 2023 Digital Asset Outlook Report
Episode 129 of Season 4 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Larry Cermak Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Sti...
Net worth of CZ fell 93% while 10 crypto moguls lost billionaire status in 9 months: Report
For the crypto world, 2022 has been a tumultuous and eventful year with multiple high-profile bankruptcies, record-high scams, and frauds. In early 2022, the Russia-Ukraine war brought the crypto comm...
Former Alameda CEO Admits to Using FTX Customer Deposits To Repay Loans on Risky Investments: Report
Caroline Ellison, the former CEO of Alameda Research, says the trading firm made short-term and open-term loans worth billions of dollars to pay for its venture investments. In a transcript of her gui...
IRS likely won’t clear its tax return backlog before 2023 begins, report finds
The Internal Revenue Service will likely fail to clear its huge backlog of tax returns this year, an IRS watchdog reported this week, again leaving many U.S. taxpayers waiting for their returns — and ...
Michael Bloomberg weighs Dow Jones, WaPo purchase as media eyes more M&A: report
Billionaire businessman Michael Bloomberg is reportedly interested in acquiring Jeff Bezos’ The Washington Post or Dow Jones, the parent company of The Wall Street Journal, Barron’s, and M...
Adidas scrambling to sell $530 million in Yeezys after cutting ties with Ye, report says
Nearly two months after terminating its relationship with Kanye West, sportswear giant Adidas is trying to figure out how to sell $530 million worth of Yeezys, according to a report from the Financial...
Hong Kong Based Crypto Exchange Executives Got Arrested: Report
Hong Kong police reportedly took actions in the case related to crypto exchange Atom Asset Exchange (AAX). Two executives of the exchange were arrested under the allegations of fraud and misleading. I...
Crypto billionaires lost $116M since March: Report
The bear market and the wave of bankruptcies in the crypto industry drained $116 billion from the pockets of founders and investors in the past nine months, according to recent estimates by Forbes. T...
Suspected North Korean hacker made $365,000 from 1,055 stolen NFTs: Report
A wallet address associated with a suspected North Korean APT Group stole more than 1,000 NFTs from victims of phishing attacks and made 300 ETH ($365,000) from their sale, according to a report by bl...
Bitcoin mining companies close out year $4 billion in debt: Report
Public Bitcoin mining firms have struggled under the weight of a year-long bear market and are set to end 2022 with a collective debt profile of more than $4 billion, according to a report by Hashrate...
Crypto Exchange OKX Releases Second Proof-of-Reserves Report
OKX said the report will be published on the 22nd day of each month and besides the latest version of the report, users will also be able to download past reports at their convenience. Digital currenc...
10-Year Treasury Yield Inches Higher as Market Awaits Key Personal Consumption Expenditure Report
The 10-year Treasury yield was up 1 basis point in anticipation of the Fed’s next move regarding inflation. The yield on the US 10-year Treasury note was marginally higher on Friday, December 23rd, a...
Nearly 60% of NFT Trading Volumes in 2022 Was Wash Trading: Report
A recent report published by blockchain analytics firm Dune revealed that nearly 60% of non-fungible token (NFT) trading volumes this year were wash trades. Wash trading is a form of market manipulati...
IRS pauses rule requiring people to report PayPal, Venmo transactions over $600. Here’s what went wrong.
To avert taxpayer confusion in the upcoming tax season, the IRS is delaying a rule that would have required e-commerce sites and payment platforms like eBay EBAY, +0.12%, Etsy ETSY, -0.32% and PayPal ...
2 executives of crypto exchange AAX arrested in Hong Kong: Report
Hong Kong police arrested two executives of the crypto exchange AAX accused of fraud and misleading the police, according to local media reports. Weigao Capital CEO Liang Haoming and former AAX CEO T...
North Korean Hackers Have Stolen Over $1,200,000,000 in Crypto Assets: Report
North Korean hackers are reportedly stealing more than $1.2 billion worth of cryptocurrencies over the past five years. According to the Associated Press, South Korea’s main spy agency, the National I...
IRS Halts Controversial New Rule Requiring Gig Workers To Report $600 Payments
Topline The Internal Revenue Service has put a one-year pause on a controversial new rule that would have required gig workers to report payments of at least $600 received through e-commerce platforms...
Will Uniswap continue to dominate DEX space in 2023? This report suggests…
A new report confirms Uniswap’s dominance over other order books and AMMs. Despite the dominance, activity on Uniswap, and the revenue collected on the network have taken a hit. In a recent report by ...
Sam Bankman-Fried To Be Under GPS-Monitored Home Confinement After Release on Largest-Ever Pretrial Bond: Report
Disgraced FTX founder Sam Bankman-Fried will reportedly be under monitored house arrest after posting what prosecutors are calling the largest pretrial bond of all time. According to a new report by C...
Binance has enough funds to back all user deposits, Report says
Since Binance published its proof of reserves approximately a month ago, it has been subjected to intense scrutiny. The cryptocurrency exchange had taken these actions in an effort to reassure users t...
Binance Has No Debt And Assets Are Segregated, Report Says
Binance has been under intense scrutiny since it released its proof of reserves about a month ago. The crypto exchange had done so in a bid to assure users that all deposited funds were safe and that ...
Justin Sun Top Client of Valkyrie Crypto Asset Manager: Report
Justin Sun is among the youngest crypto developers and enthusiasts. Justin Sun is the Ambassador and Permanent Representative of Grenada to the WTO. Justin Sun is among one of the ri...
OKX releases second proof-of-reserve report, assures clients of asset safety
OKX has released its second proof-of-reserve (POR) report. The exchange said it will be publishing reserve reports on the 22nd of every month for transparency reasons. OKX announced that they included...
New ‘Avatar’ Report Says A Post-Aang, Post-Korra New Animated Series Is Coming
Korra Netflix It has taken many, many years for larger corporate entities to fully understand what a wildly fantastic the Avatar: The Last Airbender series is, and what it could become if given the at...
OKX publishes second proof-of-reserves report
Crypto exchange OKX released a second proof-of-reserves report, a month after its first, in a continuing effort among crypto exchanges to provide evidence they are handling customer funds safely follo...
OKX publishes second Proof-of-Reserves update, commits to report monthly
Leading crypto exchange OKX has published the second update of its proof-of-reserves (PoR), with a promise to update on a monthly basis. Following the collapse of FTX, crypto exchanges including OKX a...
OKX Unveils 2nd Proof-of-Reserves Report, Promises Monthly Publication
Proof of reserves is an audit method adopted by cryptocurrency exchanges in the aftermath of FTX’s collapse to prove that the custodian, in this case, OKX, isn’t lending out customer funds...
FTX creditor committee hires Paul Hastings LLP for bankruptcy proceedings: Report
After taking pitches from many law firms, the nine-member committee representing unsecured creditors of the disgraced crypto exchange FTX has decided on a legal adviser, the Wall Street Journal report...
Dow Jones Futures Await Fed’s Favorite Inflation Report; Tesla Rises Late On Elon Musk Pledge
Dow Jones futures tilted higher overnight, along with S&P 500 futures and Nasdaq futures. The Federal Reserve’s favorite inflation gauge is on tap Friday morning, while Tesla stock rose late...
FTX Completed the Blockfolio Deal Mainly in FTT Tokens: Report
The collapsed cryptocurrency exchange FTX reportedly paid 94% of the $84 million purchase of a majority stake in Blockfolio in FTT tokens. The coin played a leading role in the platform’s crash last ...
“Not A Single Mention of Cardano, Pretty Low,” says Hoskinson on Coinbase’s 2023 Market Outlook Report ⋆ ZyCrypto
Advertisement     Charles Hoskinson, Cardano’s co-founder and CEO of IOHK, has taken a swipe at Coinbase for leaving Cardano out in its “2023 Crypto Market Outlook” re...