Sarah Pritchard, the executive director of markets at the United Kingdom’s Financial Conduct Authority, or FCA, reportedly said the regulator will look at the recent volatility in the crypto markets w...
Tag: report
After TerraUSD (UST) De-Pegging Scare, Tether (USDT) Releases Report Claiming It Has Fully Backed Reserves
As the most recent crypto market crash is putting the spotlight on stablecoins, one of the leading dollar-pegged tokens says its valuation remains secure. In a new post, Tether Holdings Limited announ...
Terra (LUNA) Founder Do Kwon Facing South Korea Investigation Over Claims of Ponzi Fraud: Report
The CEO of Terraform Labs is facing possible criminal charges in the wake of two leading cryptos collapsing earlier this month. In a new report, Yonhap News says that South Korean authorities are cons...
Singaporean Court Blocks Sale of a Bored Ape (BAYC) NFT: Report
A Singaporean citizen has managed to successfully block the sale of one Bored Ape Yacht Club (BAYC) NFT through a court-ordered injunction. According to the court filing seen and reported by Bloomberg...
Report: Finder’s Panel sees the end of Shiba Inu by 2030
Finders.com surveyed 36 fintech experts for its latest Shiba Inu (SHIB) Price Predictions Report and found that 73% of the panelists believe SHIB will have no value by 2030. The price prediction panel...
Tether’s Attestation Report Reveals Positive Outlook on Stablecoin’s Reserves
Tether’s recently issued attestation report indicates an optimistic view of the stablecoin’s reserves, which may come as a relief to crypto investors. Tether fund reserves are strong, according to the...
MicroStrategy Has No Intention To Sell Bitcoin (BTC), Says Company CFO: Report
MicroStrategy has no plans to sell its Bitcoin (BTC) despite BTC’s bearish price action across the past six months, according to the company’s chief financial officer. MicroStrategy CFO Andrew Kang te...
Terra’s Do Kwon Investigated for Running a Ponzi: Report
Key Takeaways Adding to criminal complaints from a group of South Korean investors, prosecutors are reportedly investigating Terraform Labs CEO Do Kwon on Ponzi charges. The prosecutors are scrutinizi...
UK Regulator to Consider Terra Coins Collapse in New Crypto Rules: Report
On May 13, Terra’s UST algorithmic stablecoin slumped as low as 23 cents, and the LUNA token, created to prevent the UST algorithmic stablecoin from being volatile, fell 96% at one point. An alg...
Report: CoinShares’ Ripple (XRP) Holding Valuation Surged By $3.8 Million Between December 2021 and March 2022
– Advertisement – The value of CoinShares’ XRP holdings skyrocketed by over $3.83 million within a space of three months despite the ongoing legal battle between Ripple and SEC. Leading ...
Stablecoin Tether ($USDT) Reveals Reserves Fully Backed In New Report
Stablecoin firm Tether Holdings Limited has come out to allay fears of a possible USD/USDT decline after the stablecoin lost its peg to the US dollar last week amid $UST crash. Tether (USDT), the worl...
a16z’s ‘State of Crypto’ report shows crypto is in a really good state
Few companies in the VC space have exposure to crypto as a16z has. Founded in 2009 by Marc Andreessen and Ben Horowitz, Andressen Horowitz began investing in crypto companies in 2013 with investments ...
Tether Confirms Fully Backed Reserves in Latest Assurance Report
Tether’s USDT stablecoin is beyond fully backed, according to the latest assurance report provided by accounting firm MHA Cayman. The firm found that Tether’s total assets are worth at least $82,424,8...
Latest Report On Tether’s Fund Reserves
In what could prove to be a sigh of relief to crypto investors, Tether’s newly released attestation report reveals positive outlook on the stablecoin’s reserves. The company’s latest quarterly assuran...
South Korea Slams Terra’s Do Kwon With $78M Fine for Tax Evasion: Report
South Korea’s National Tax Service has reportedly ordered Terraform Labs, its co-founder Do Kwon, and other executives to pay a 100 billion won ($78 million) fine for tax evasion penalties. The Genesi...
G7 Urges Crypto Regulations in Light of Terra Collapse: Report
While the crypto world continues to assess the damage done in last week’s market crash, members of the G7 are urging regulators to act before the body’s next gathering in June. Reuters rep...
Coinbase Outlines Cost-Cutting Measures, Employee Grants Amid Weak Results and Crypto Rout: Report
In its first-quarter earnings report, Coinbase reported lower-than-expected revenues, and a quarterly net loss of $430 million, compared with a profit of $840 million in the fourth quarter of 2021. Th...
New Tether Report Shows 17% Reduction in Commercial Paper
A week after its stablecoin briefly lost its 1:1 peg with the U.S. Dollar, Tether’s Q1 2022 assurance report shows it has reduced the commercial paper in its USDT reserves by 16.8%. As of March ...
G-7 Finance Ministers Call to Accelerate Global Crypto Regulations Following UST Collapse: Report
The FSB, an international body based in Basel that was responsible for generating many of the post-2008 financial norms, had previously promised a report on the regulation, supervision and oversight o...
Oceans reached record heat, acidity in 2021: UN report
A diver inspects transplanted coral near Dibba Port in Fujairah, United Arab Emirates, June 15, 2020. Christopher Pike | Reuters Oceans reached their hottest and most acidic levels on record last year...
Report: Crypto traders potentially owe IRS around $50B in unpaid taxes
A Barclays report has revealed that crypto investors might not be paying their full taxes to the Internal Revenue Service (IRS), saying that the tax gap for crypto traders could be up to $50 billion, ...
Tether Calms USDT Depeg Fears With New Reserves Report
Key Takeaways Tether has published its Consolidated Reserves Report along with attestation from the independent auditing firm MHA Cayman. The report shows Tether’s consolidated assets exceeding ...
Shib Army Burns Nearly 13 Billion SHIB In Last 24 Hours: Report
A shocking amount of nearly 13 billion SHIB has already been removed from the systemic circulation supply over the past 24 hours. As tweeted by the Shiba Inu transaction tracker @Shibburn, this is bec...
Terraform Labs’ Legal Team Resigns Despite Frantic Rescue Attempts (Report)
Reports suggest that the Singapore-based company’s legal functions are now being managed by outside counsel. Shortly after the collapse of its flagship stablecoin UST, the legal team behind handling t...
Bitcoin mining stock report: Tuesday, May 17
Bitcoin miners recovered on the stock markets Tuesday, after a rough start to the week. Some of the biggest climbs included Stronghold Digital Mining (+18.01%), Bit Digital (+11.18%), Argo Blockchain ...
A16z Report Offers Hope of Life After Crypto Winter
Venture capital firm Andreesen Horowitz (A16z) has released its inaugural “State of Crypto” report which gives insight into the market development cycle. The study compares the current market downtren...
What to Watch for in Tether’s Upcoming Attestation Report
When a stablecoin issuer issues stablecoins into the market, it normally keeps a corresponding asset in reserve to secure, or back, the stablecoin’s peg. As redemptions requests arrive, these reserves...
Record 12.6 Billion Burned by Shib Army in Last 24 Hours: Report
Yuri Molchan An 11-digit amount of Shiba Inu has been sent to dead wallets since yesterday morning, according to a recent report, marking a record in SHIB burned in a single transaction Contents 12.6 ...
Tech Mogul Jack Dorsey Doubles Down on Bitcoin, Says BTC a Global Standard for Money Transmission: Report
Former Twitter CEO Jack Dorsey is standing firm on his belief in leading crypto asset Bitcoin (BTC), saying that it will eventually be the global standard for money transmission and the native currenc...