CRYPTO - Tag Archives - Cryptonews (Page 10)

Ex Celsius CEO Mashinsky Assets Frozen by Court – Here’s the Latest

A federal court has ordered assets and bank accounts belonging to Alex Mashinsky, the former CEO of bankrupt crypto lender Celsius to be frozen.A court filing on Sept 5 revealed that a judge in the Southern District of New York signed off the request to freeze Mashinksy's assets as the criminal...

, by David Pokima

New Survey Shows Traditional Finance Exchanges Hold Different Views On Offering Digital Asset Services

Traditional finance exchanges maintain a divided stance on offering crypto-related products to their customers according to a new research report by the World Federation of Exchanges (WFE). The WFE released on Sept 5 findings from a survey it conducted with 29 respondents aiming to improve a...

, by David Pokima

Japan Financial Regulator Moves To End ‘Paper Profits’ Tax On Digital Assets

Japan’s top financial regulator, the Financial Services Agency (FSA) has proposed key amendments to the nation's tax code relating to profits on digital assets.According to local news outlets, the Agency’s proposal to change the tax code is in line with several calls by industry...

, by David Pokima

Blockchain Security Firm Peckshield Identifies Strange Transactions in Crypto Casino Stake Wallet – What’s Going On?

Blockchain security firms Peckshield and Cyvers have detected multiple suspected transactions with wallets linked to crypto casino, Stake. Etherscan data shows that wallet 0x3130662aece32F05753D00A7B95C0444150BCd3C received about $16 million worth of different cryptocurrencies before it was...

, by David Pokima

Creditors Accuse Crypto Lender Genesis of Vote Buying as Bankruptcy Proceedings Continue

Creditors of crypto lender Genesis and its parent company the Digital Currency Group (DCG) have opposed a proposed settlement deal leveling accusations of voter manipulation.According to a filing on Aug. 31, creditors including digital asset exchange Gemini have criticized the proposal as an...

, by David Pokima

Oprah and The Rock Accept Bitcoin Donations For Maui Fire Victims – Here’s the Latest

The People’s Fund of Maui, a charity organization rolled out by celebrities Oprah Winfrey and Dwayne “The Rock” Johnson to aid victims of wildfires in Maui, appears to accept Bitcoin (BTC) and other cryptocurrency donations.The fund launched to provide direct financial support to...

, by David Pokima

On-Chain Data: The Amount Of Bitcoin on Centralized Exchanges Plunges to 2 Million – What’s Going On?

Bitcoin (BTC) holdings in centralized digital asset exchanges have plunged 4% to 2 million signaling both positive and market-worsening concerns.According to recent data from CryptoQuant, the number of assets held in exchanges is at lows not recorded since January 2018. The figure which has...

, by David Pokima

Web3 Lawyer Predicts US Crypto Upturn After Key Industry Wins This Year

Digital asset lawyer Jeremy McLaughlin has expressed optimism on a re-ignition of the United States cryptocurrency market following landmark wins recorded by Ripple and Grayscale over the Securities and Exchange Commission (SEC). Speaking on Aug. 31 at an Intersekt23 panel in Melbourne,...

, by David Pokima

Biggest Crypto Gainers Today on DEXTools – BEPE, EMERSO, XPEPE

Bitcoin's price rose to nearly $28,143 on Tuesday following a positive legal ruling for digital asset manager Grayscale. However, analysts remain cautious about the sustainability of the rally amid low spot market volumes.Data showed Bitcoin's price gained 7.5% after a federal court ruled that the...

, by Trent Alan

Argo Blockchain Successfully Decreases 2022 Debt to $75 Million – Here’s the Latest

Digital asset mining firm Argo Blockchain has reported $18.8 million in losses in the first half of the year, reducing total losses to $75 million from last year.The mining firm has struggled to navigate the tough path following wider market woes characterized by plunging prices of top crypto...

, by David Pokima

Laos Cuts Power Supply To Crypto Mining Firms, Cites Production Concerns

Electricite du Laos (EDL), the state-run power distribution company, has announced a major cut to crypto mining firms in the country, swerving from its pro-crypto stance since 2021.According to local news reports, the country cites several reasons for the sudden decision ranging from electricity...

, by David Pokima

US Treasury Department Proposes New Reporting Requirements for Digital Asset Brokers – An Attempt to “Kill” Crypto Adoption?

The US Department of the Treasury and Internal Revenue Service (IRS) on Friday released new proposed regulations that would require the brokers of digital assets to report certain sales and exchanges in an effort to crack down on tax cheats, as well as to assist law-abiding taxpayers know how much...

, by Michael Davis

Central African Republic Plan To Tokenize Land And Natural Resources

The Central African Republic has rolled out plans to tokenize its land and natural assets as the country seeks more adoption around its blockchain projects.According to the announcement on X (Twitter), the country will expand the utility of its Sango blockchain project to include citizenship...

, by David Pokima

Marathon Digital CEO Expresses Optimism For Spot BTC ETF Approval, Fixes Odds Above 50:50

Marathon Digital CEO Fred Thiel remains positive over the potential approval of a spot Bitcoin (BTC) Exchange Traded Fund (ETF) in the United States by the Securities and Exchange Commission (SEC). The SEC has not yet approved a spot Bitcoin ETF as it continues to cite market manipulation...

, by David Pokima

Atomic Wallet Investors Files Lawsuit For “Non Disclosure” Following $100 Million Hack

A number of Atomic Wallet investors have filed a class action lawsuit against the company over its failure to disclose information about the hack which resulted in $100 million.According to a report by German BNE IntelliNews on Aug. 21, the plaintiffs make up high network individuals from Russia...

, by David Pokima

Citi Bank Report: Most Global Security Firms Back CBDCs For Faster Payments

A new research conducted by banking giant, Citi, shows that most financial institutions are leaning toward adopting Central Bank Digital Currencies (CBDCs) for faster global payments.In its latest edition of the Securities Services Evolution, the bank surveyed 12 financial market infrastructures...

, by David Pokima

# CRYPTO (Page 10)

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