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Gate.io’s Proof of Reserves Report Reveals $4.3B in Assets with 115% Reserve Ratio for 171 Assets
24.1.2024
Jan. 24th, Panama – Gate.io, a leading crypto exchange and Web3 innovator, has released its January 2024 Proof of Reserves (PoR), verifiably demonstrating $4.3 billion in total held assets with a ratio of 115.47%, representing over $584 million retained in excess of user deposits. The latest...
Crypto Mining Investor B.Riley Facing SEC Probe
22.1.2024
B.Riley, an investment firm that has backed numerous Bitcoin mining projects, is allegedly involved in a probe brought forth by the United States Securities and Exchange Commission (SEC), according to a new report from Bloomberg. B.Riley’s deals in question following business with alleged...
Gate.io’s Proof of Reserves Implementation Passes Hacken’s Security Audit
22.1.2024
Hacken Finds Gate.io’s PoR ‘Contributes Significantly to the Field’ Jan 22nd, Panama – Gate.io, a leading crypto exchange and Web3 innovator, announced that its latest Proof of Reserves (PoR) methodology passed a comprehensive security review conducted by Hacken, a pioneer...
Pantera Capital Projects Bitcoin Price Resurgence and Increased DeFi Market Activity
22.1.2024
Cryptocurrency management company Pantera Capital has released its yearly projections on Bitcoin (BTC) and the wider industry with expectations of more bullish activity for the market leader. In a recent market report, the firm highlighted the projected movement of the Bitcoin price valuation....
Denver Pastor Claims $300K Home Renovation Funded by Crypto Scam Was ‘God’s Plan’
21.1.2024
Denver pastor Eli Regalado, who is currently facing a lawsuit filed by Colorado’s securities commission for allegedly defrauding investors through the sale of the valueless INDXcoin cryptocurrency, has released a video responding to the allegations. In the video, Regalado admits that...
Hut 8 Responds to Short Seller Report Accusing Bitcoin Miner of Malpractice
21.1.2024
Bitcoin miner Hut 8 has expressed confidence in its latest partnership with USBTC following a controversial report released by JCapital Research warning investors of possible risks. In a brief response on Jan 19, the company stated that it had read the report and would provide all necessary updates...
US Spot Bitcoin ETFs Attracting European Bitcoin ETPs – CoinShares Analyst
19.1.2024
Source: AdobeStock/Luisa Spot Bitcoin ETFs are already grabbing the headlines, according to a recent CoinShares report released on January 15. In the blog post, the digital assets investment firm revealed a $1.18 billion inflow into the crypto space in the past week. Turning its searchlight into...
Interpol Says The Metaverse is Vital to the Future of Law Enforcement
19.1.2024
The metaverse can be wielded as a crucial tool in the hands of law enforcement agencies for training, crime prevention, and forensic analysis according to a new document released by Interpol. The report by the international organization seeks to delve into the possibilities of the metaverse...
Canadian Regulator Proposes Rules for Crypto-Centric Public Investment Funds
19.1.2024
Source: Pixabay The Canadian Securities Administration (CSA), the country’s securities watchdog, has proposed new regulatory requirements for public investment funds that looks to invest in crypto assets. In a report released Thursday, the regulator announced certain rules that would restrict...
Coinbase Unveils AI-Generated NFTs with “Instamint”
18.1.2024
Crypto exchange Coinbase’s NFT marketplace has released a AI-generated NFT feature. In an X post on January 18, Coinbase unveiled its latest feature, “Instamint,” on its NFT marketplace. This feature enables users to generate NFTs using artificial intelligence. Coinbase is providing users with...
Crypto Market Capitalization Surged 108% Despite Trading Volumes Plunging 31.6%: CoinGecko
17.1.2024
The crypto market recorded massive growth in several areas wiping out losses of the bear market with its market capitalization going up 108% to approximately $869 billion. A new market report released by CoinGecko shows industry performances across different quarters highlighting key metrics that...
Circle Report Shows USDC Navigating Challenging Waters in 2023
17.1.2024
Despite a challenging 2023 with a substantial decline in circulating supply, a Circle report claims USDC emerges resilient, experiencing a surge in real-world applications and a decrease in speculative trading. A Resilient Year for USDC Amidst Market Shifts Circle, the issuer of the USD Coin...
Tether Responds to UN Report Alleging Involvement in Illicit Activity, Disputes Claims
16.1.2024
Major stablecoin firm Tether has responded to the United Nations (UN) report highlighting the alleged involvement of the Tether stablecoin USDT in illicit activity. Tether Challenges UN Report and Calls for Blockchain Education Read more ⬇️https://t.co/RM474wIiqo — Tether (@Tether_to) January...
Ukrainian Police Collaborate With Europol to Apprehend Alleged Cryptojacking Mastermind
16.1.2024
The Ukrainian police, in collaboration with Europol, recently apprehended the alleged mastermind behind a cryptojacking scheme. According to a statement released by Europol, the arrest underscores why the private sector should collaborate with law enforcement. Law Enforcement and Private Sector...
Federal Reserve’s Rate Cut Could Spark Institutional Interest in DeFi and Stablecoins, Fidelity Predicts
15.1.2024
The United States Federal Reserve’s potential interest rate cut could reignite major institutional interest in decentralized finance (DeFi) and stablecoins, according to asset manager Fidelity. In their recently released 2024 Digital Assets Look Ahead report, Fidelity suggests that this...
UN Report Highlights Tether’s Rising Role in Money Laundering Across Southeast Asia
15.1.2024
In a recent report released by the United Nations Office on Drugs and Crime, Tether, one of the world’s largest stablecoin Tether, has been identified as a prominent tool employed by money launderers and fraudsters operating in Southeast Asia. The report sheds light on the increasing use...
Worldcoin Hits New Record in Argentina, Adoption in India Still High
12.1.2024
Source: Worldcoin Worldcoin has hit a new record in Argentina and released an update to the verification process. A spokesperson talked with Cryptonews about plans in 2024, Worldcoin surpassing the 5M-accounts milestone, the successful Shopify integration, and continued World App adoption in India...
Web3 Fundraising Fell 70% Per Quarter Last Year, Female Startups Receive 6.3%: Bitget
11.1.2024
Source: AdobeStock / Rafael Henrique Cryptocurrency exchange Bitget has released a report on blockchain funding across 2022 and 2023 highlighting the latest trends including gender disparities in the present VC ecosystem. In a Jan 11 release, the exchange revealed that blockchain startups have...
Unveiling a Hidden Crypto Gem: Lucky Block V2 Emerges as iGaming Game-Changer
10.1.2024
Wednesday 10th of January – Lucky Block Casino has released a new updated whitepaper jam-packed with new utility features for the newly integrated $LBLOCK V2 token that runs on the Ethereum blockchain. $LBLOCK V2 has begun trading with newly fueled liquidity provision on the Uniswap...
FINRA’s 2024 Report Highlights Emergence of Crypto-Related Compliance Risks
10.1.2024
Source: Adobe American self-regulatory body, the Financial Industry Regulatory Authority (FINRA), has added crypto considerations for companies to its annual oversight report, released Tuesday. ???? We've published the 2024 FINRA Annual Regulatory Oversight Report to share key insights...