Leading stablecoin issuer Tether has hired accounting firm BDO Italia to replace Cayman Islands firm MHA Cayman in overseeing its attestation reports for USDT reserves. The USDT issuer said it plans ...
Tag: report
BlackRock, Google and Morgan Stanley Investing Billions Into Blockchain and Crypto Technology: Report
Forty of the world’s top 100 public companies by market capitalization are reportedly pouring in billion of dollars into blockchain and crypto firms. According to a recent report from crypto analytics...
A16z-backed Real Estate Firm to Dabble in Crypto: Report
Flow expects to launch its business in 2023 a16Z previously invested in Neumann’s blockchain-based carbon credits platform Flowcarbon Adam Neumann’s striking return to the real estate market has spark...
Crypto crime report- Know this to keep your wallets safe
The crypto market has seen its fair share of attacks and scams since its inception with Bitcoin. But over the last year, the rapid growth has been acting as a catalyst for cyber criminals making the c...
Apple plans to unveil iPhone 14 at Sept. 7 event: report
Apple Inc. is expected to unveil its latest line of iPhones and smartwatches on Sept. 7, according to a new report. Bloomberg News reported Wednesday that the tech giant will update its flagship smart...
Statistics in this crypto crime report might give you goosebumps
The total crypto scam revenue year-to-date currently stands at $1.6 billion as recorded by a recent Chainalysis report. This purports a near 65% decline from the previous year’s period which appears t...
Colombia to prevent tax evasion with national digital currency: Report
AmColombia’s economic growth beat expectations in the second quarter, an official at the country’s tax and customs agency has hinted at some national digital currency plans. Luis Carlos Reyes, the hea...
Report Kraken CEO Doubts Decision to Ban Tornado Cash Will Survive in Court: Report
The shutdown of Tornado Cash by the US Treasury Department on August 8 has made Kraken CEO Josse Powell question the constitutionality of the decision. In an interview with Bloomberg TV on Tuesday, Po...
Acala trace report reveals 3B aUSD erroneously minted
High-profile security incidents continue to be a theme in 2022, with the Acala network joining a long list of stricken platforms to fall prey to exploits. The Acala USD (aUSD) token, which acts as a n...
Google’s Parent Company Alphabet Invested Most in Blockchain: Report
Recently blockchain space data and insights provider, Blockdata released a blog consisting of companies invested heavily within crypto and blockchain related companies. Alphabet remained at the top of...
SNPS Stock Jumps On Earnings Report
Synopsys (SNPS) reported quarterly results late Wednesday that beat estimates on the top and bottom lines. SNPS stock climbed. X The company reported adjusted earnings of $2.10 a share on revenue of $...
Do Kwon Hires Law Firm in South Korea Anticipating Legal Battle: Report
The former CEO of Terraform Labs is reportedly hiring a lawyer in preparation for a possible legal battle over the high-profile multibillion-dollar collapse of the Terra ecosystem in May. According to...
Genesis CEO to Exit Position as Company Axes 20% of its Workforce: Report
The CEO of institutional crypto brokerage firm Genesis Global Trading, Michael Moro, will step down from his leadership position while the company is planning to cut off 20% of its workforce. Accordin...
Tencent Q2 2022 Financial Report Falls Short of Revenue Forecasts for First Time Due to Covid Resurgence, Gaming Regulation
Tencent ascribed its disappointing Q2 2022 report due to a number of macroeconomic factors. These include Covid resurgence-induced lockdowns and tighter gaming laws for minors Tencent recently posted ...
Ethereum Denies Claims That Merge Will Lead to Lower Gas Prices: Report
The Merge, the biggest update in Ethereum’s history that will switch the cryptocurrency to proof-of-stake consensus, is almost complete. Ethereum org publishes notes on 8 misconceptions about Et...
Cake DeFi Releases Q2 2022 Transparency Report – crypto.news
Cake DeFi’s freshly released Q2 Transparency Report shows that the leading decentralized finance platform reached several impressive milestones in the second quarter of 2022 despite the ravaging bear ...
Hackers Stole Almost $2 Billion Worth of Crypto in July 2022: Report
Arman Shirinyan While illicit activity took almost $2 billion of users’ funds, there are some bright spots in Chainalysis report Despite the overall downfall of the digital assets industry that ...
Crypto Crime Dropped by 15% in 2022 Due to Bear Market: Report
It’s been a bad year for crypto so far – between large companies going under, a slew of cyberattacks, and – most importantly – the value of assets taking a nosedive, overall legitimate volumes have pl...
Celsius CEO personally directed crypto trades months before bankruptcy: Report
Celsius CEO Alex Mashinsky reportedly “took control” of trading strategy at the crypto lending firm amid January rumors the United States Federal Reserve planned to hike interest rates. According to a...
Celsius Network CEO Ran Trading Desk for Months, Report Reveals
Celsius Network CEO Alex Mashinsky took over the crypto lender’s trading strategy operations in January, months before the platform filed for bankruptcy, reported the Financial Times. The decision rep...
Why The Fed Will Require Banks To Report Crypto Activity
The U.S. Federal Reserve (Fed) issued a letter on banking institutions participating in crypto-related activity and potentially adopting digital assets. The financial institution claimed that the nasc...
Trump SPAC has another setback, delays earnings report
The social media app will be developed by Trump Media and Technology Group (TMTG). Rafael Henrique | LightRocket | Getty Images Digital World Acquisition Group, the special purpose acquisition company...
Celsius Report Shows $2.8 Billion In Crypto Liabilities
New filings show bank Celsius could show out of functional money to October There’s about a $1 billion spread between ETH liabilities and ETH The reports likewise show a $2.8 billion openi...
Bankrupt Celsius Lost Users’ Funds Trading Bitcoin (BTC) at CEO Alex Mashinsky’s Request: Report
Crypto lending platform Celsius reportedly attempted to trade its users’ Bitcoin (BTC) shortly before the company filed for bankruptcy. The Financial Times (FT) reports that Celsius misplaced user fun...
Public Pension Funds Continue To Show Interest in Cryptocurrency Investments Despite Downturn: Report
Public pension funds in the United States are still showing interest in digital assets despite the crypto market downturn, according to a Wall Street Journal report. The report says that investment fi...
XRP Classified as “Digital Currency” by Goldman Sachs, Wells Fargo and HSBC: Report
Ripple recently scored a minor victory as Magistrate Judge Sarah Netburn granted Ripple’s request to serve non-party subpoenas to video hosting platforms to authenticate some videos of top offic...
Wells Fargo Mentioned Ripple (XRP) As A Digital Currency In August Report
– Advertisement – The top American financial institution refers to Ripple as a digital currency. In its recent report, Wells Fargo, an American multinational financial services company, ...
Alibaba, JD.com, and Bilibili Fall on Report Tencent to Sell Meituan Stake
Text size Tencent holds a 17% stake in food delivery company Meituan. GREG BAKER/AFP via Getty Images Alibaba, JD.com and some of China’s biggest companies saw billions wiped off their value Tuesday...
Over 300,000 BTC Now Owned by Bitcoin Buyers Who Bought at Recent Lows: Glassnode Report
According to Glassnode, during the most recent sell-off in the cryptocurrency market, Bitcoin moved from weaker hands to those stepping in at the lows. A pool of buyers that entered at the lows is ind...
Celsius Network Coin Report Shows Latetst Net Liabilities Over $2.8 Billion
Embattled crypto lending platform Celsius Network may be in bigger trouble as its coin report shows that the deficit in its balance sheet is much more than the previously reported $1.2 billion reporte...