News - Page 1176 of 2266 - Cryptonews (Page 1176)

Ripple-Owned Metaco Loses its CEO and Chief Product Officer: Report

Swiss cryptocurrency custody firm Metaco’s CEO Adrien Treccani and chief product officer Peter DeMeo have left the company, according to a CoinDesk report. In the meantime, no acting CEO has been named. During press time a Metaco spokesperson was unavailable to comment further on the...

, by Tanzeel Akhtar

Russian Central Bank Says ‘Almost All Financial Scams Are Now Crypto-themed’

The Russian Central Bank claimed “almost all” the financial scams it found last year had crypto-related elements. In an official release, the bank wrote that there had been a year-on-year rise of almost 16% in financial scams in 2023. In “almost” every case, the bank said...

, by Tim Alper

14 Suspected South Korean ‘Kimchi Premium’ Crypto Traders Cleared

South Korean prosecutors have suffered a blow in their efforts to shut down kimchi premium crypto traders – with 14 suspects cleared of wrongdoing. Officials accused 16 people of illegally remitting $3.2 billion worth of assets, including crypto, fiat, and goods. Newsis reported that...

, by Tim Alper

Tom Brady NFT Fetches $40K as Super Bowl Legends Hype Digital Collectibles

The NFL All Day digital collectibles brand, developed by Dapper Labs, entered Super Bowl weekend with a surge of momentum. The sports-themed, digital-collectible brand issued promotional packs of NFTs during the NFL playoffs in January, resulting in several high-profile sales. Notably, a...

, by Ruholamin Haqshanas

CoinList to Acquire FTX’s Digital Custody Subsidiary in Cut-Price Deal

The FTX Debtors estate, under the leadership of CEO John Ray III, has initiated the process of selling Digital Custody Inc. (DCI) to CoinList. FTX had previously acquired the subsidiary in two separate transactions, one in December 2021 and the other in August 2022, for a total of $10...

, by Ruholamin Haqshanas

Farcaster Co-Founder Critiques Twitter Clones: Innovation Over Imitation

Decentralized social media protocol Farcaster has emerged as a prominent player among several burgeoning Twitter alternatives, both on-chain and off-chain. However, Dan Romero, the co-founder of Farcaster, does not view his decentralized social app as a competitor to Elon Musk's Twitter, which...

, by Ruholamin Haqshanas

Coinbase: California Voters Favor Pro-Crypto Candidates in 2024 Elections

California voters who own cryptocurrencies are expected to have a significant impact on the 2024 elections. Citing data from Morning Consult, a business intelligence firm, Coinbase revealed that approximately 27% of Californians, equivalent to around 8.2 million individuals, own digital...

, by Ruholamin Haqshanas

The Key to Making More Money During a Crypto ICO? Look Trustworthy, New Study Says

A February 8 study from the Hanken School of Economics in Helsinki, Finland, has unveiled that a trustworthy appearance could boost investor funding in crypto initial coin offerings (ICOs) by an impressive 95%. For context, ICOs typically refer to the raising of capital required to launch a new...

, by Julia Smith

Former SEC Official Lambasts Voyager and Dallas Mavericks Partnership, Suggests NBA Ban on Crypto Sponsorships

Yesterday, a former SEC official targeted the NBA's decision to greenlight a partnership between the cryptocurrency exchange Voyager Digital and the Dallas Mavericks. The former internet enforcement chief for the Securities and Exchange Commission John Reed Stark said that the NBA should be held...

, by Brian Yue

Hodlonaut Photo Incident Sparks Judge’s Livestream Warning in Wright-COPA Case

On February 9, during a tense moment in the trial between Craig Wright, who claims to be the inventor of Bitcoin, and the Crypto Open Patent Alliance (COPA), presiding Judge Mellor issued a warning. The cause: a courtroom photo of Bitcoin influencer Hodlonaut was uploaded without authorization,...

, by Jimmy Aki

Bitcoin Price Punches Above $48,000 Amid Strong ETF Inflows, Bullish Seasonality, Fading Miner Sell Pressure, US Equity Upside

The Bitcoin price topped $48,000 briefly on Friday for the first time since the first day following spot Bitcoin ETF launches on January 11, and was last up close to 5.0% on the day. Bitcoin (BTC) bulls have taken decisive control of the market once again in the wake of a strong day of ETF...

, by Michael Davis

Arthur Hayes Argues for ‘Points’ System Instead of ICOs for Crypto Fundraising

Due to growing regulatory challenges and concerns surrounding ICOs (Initial Coin Offerings) in the crypto industry, BitMEX CEO Arthur Hayes proposed a crypto 'points' system as an alternative on February 9. Hayes shared his latest idea in a blog post called ‘Points Guard,’ emphasizing the...

, by Jimmy Aki

New York Attorney General Triples Fraud Allegations Against DCG to Over $3 Billion

New York Attorney General Letitia James has escalated the state's legal action against Digital Currency Group (DCG), tripling the estimated size of the alleged fraud to over $3 billion. This development follows a prolonged investigation by James's office, which uncovered additional investors...

, by Hassan Shittu

Web3 Importance Highlighted in Alex Tapscott’s New Book

A research report published by Spherical Insights & Consulting found that the global Web3 market size was valued at $1.82 billion in 2022. According to the report, this number is expected to reach $67.92 billion by 2032. Yet while the potential behind Web3 is massive, confusion remains when...

, by Rachel Wolfson

Optimism to Halt ETH Withdrawals for Testing Upgraded Incident Response System

On February 15, the Optimism network will suspend ETH token withdrawals to test an updated security response system. Withdrawals will not be possible for one hour, the developers said. According to the announcement, ETH withdrawals from Optimism's Level-2 network to the main Ethereum network will...

, by Hassan Shittu

Ethereum’s Growth Could Spike With Increased Institutional Investments In First Half of 2024: Coinbase

With a fresh analysis released on February 8, Coinbase's research division shed light on the anticipated growth in Ethereum's trading dynamics during the initial six months of 2024. Coinbase analysts highlighted growth points after the approval of spot Bitcoin (BTC) ETFs in decentralized finance...

, by David Pokima

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