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Musk’s Twitter Payment Vision in Tune With Fiat-Crypto Gateway Alchemy Pay
8.2.2023
Elon Musk’s Twitter has fallen into revenue difficulties, hoping to find new sources of revenue outside the original $5 billion a year advertising business model. According to a recent Financial Times report, Musk is betting this ambition for revenue growth on the payments business. He...
Nigerian City of Lagos Among the World’s Top 20 Crypto Hub Cities — Study
8.2.2023
According to the findings of a study by Recap, the crypto asset management firm, the Nigerian city of Lagos is ranked among the world’s top 20 crypto hub cities. Besides Lagos, five more African cities, namely the Angolan city of Luanda, Nigeria’s Ibadan, and three South African cities...
Binance APAC Head Suggests Full Audit of the Crypto Exchange Isn't Happening Soon: Bloomberg
8.2.2023
Finding an auditor for the whole balance sheet is difficult given the complexities of auditing crypto assets due to challenges like price volatility
There Will Be No Crypto Advertisements During the Super Bowl This Year – Here's Why
8.2.2023
America's biggest sports event of the year, Super Bowl, will not feature any crypto ads - and FTX is (partly) to blame.
Fox declared this Monday that in-game ads for Super Bowl have been sold. Per Associated Press, Mark Evans, executive vice president of ad sales for Fox Sports, said that some...
Brazil: $193m ‘Crypto Pyramid’ Firm Declared Bankrupt
8.2.2023
Indeal, the Brazilian company behind a suspected crypto pyramid scheme worth some $193 million, has declared bankruptcy.
The firm was at the heart of a major police operation back in May 2019. The police dubbed their operation Operation Egypt and worked in conjunction with the nation’s tax agency...
Dubai Prohibits Privacy Coins Under New Crypto Rules
8.2.2023
The issuance of anonymity-enhancing crypto like Zcash and monero are banned under the Emirate's new regulations for digital assets
Coinbase Insider Trading Scandal Rocks Crypto Community – Former Employee Pleads Guilty
8.2.2023
A former employee of major cryptocurrency exchange Coinbase has pleaded guilty to insider trading, marking the first crypto-related insider trading case in the US....
Read More: Coinbase Insider Trading Scandal Rocks Crypto Community – Former Employee Pleads Guilty
UK Crypto Firms and Regulator Blame Each Other for Industry Exodus
8.2.2023
Firms that tried, and failed, to register with the Financial Conduct Authority cite delays and poor feedback. The regulator says it rejected applications for failing to meet requirements
Optimism sets in & points towards a Bull from a brutal Bear Crypto market
8.2.2023
As per a report that has been carefully prepared by CoinShares, there happens to be a general feeling of optimism where the overall crypto market is concerned. This would be after a supposedly long wait-and-watch period in the case of all concerned investors. In order to better substantiate their...
SEC to up scrutiny of firms offering or giving advice about crypto
8.2.2023
Registered crypto brokers and advisors may need to be on edge when giving advice this year, after a recent warning from the SEC
North Korea Stole Record Amount of Crypto Assets in 2022, UN Report Unveils
8.2.2023
The regime in North Korea has managed to steal more cryptocurrency last year than in previous years, according to a draft U.N. report. Despite the difference between quoted estimates, the authors conclude that 2022 was a record-breaking year for crypto theft, to be blamed on the hermit state....
SEC Directs Examiners To Focus on How US Broker-Dealers Are Pitching Crypto
8.2.2023
U.S. broker-dealers and investment advisers that deal in crypto will get extra scrutiny from Securities and Exchange Commission examiners this year, according to the agency’s annual examination priorities announced Tuesday
Argentina's National Securities Commission to Set Requirements and Rules for Crypto Companies
7.2.2023
The jurisdiction of that agency is specified in a bill that is under discussion in the Argentine Congress
File Transfer Giant Wetransfer Joins NFT Industry, Partners with Blockchain Platform Minima for March Launch of Minting Product
7.2.2023
File transfer service giant Wetransfer announced Monday it is collaborating with blockchain platform Minima to offer a non-fungible token (NFT) minting product in March. Wetransfer’s announcement details that users leveraging the Minima cooperative will be able to mint NFTs from a mobile...
Lawmakers write to US officials about crypto energy usage information gathering
7.2.2023
Elizabeth Warren and seven other Democrats want to know how much the Environmental Protection Agency and Energy Department know about crypto mining energy draws
US financial regulators warn against crypto exposure in retirement accounts
7.2.2023
The financial watchdogs targeted self-directed individual retirement accounts with potential exposure to crypto in a warning to investors
Best Crypto to Buy Today 7 February – MEMAG, FET, FGHT, FXS, CCHG
7.2.2023
The cryptocurrency market has been relatively stable over the past 24 hours, with only minor fluctuations in prices. Despite a strong start to the year, the recent surge in crypto prices seems to have lost momentum, with Bitcoin and other digital assets seemingly consolidating. Amid this backdrop...
Law Firm Subpoenas FTX Co-Founder, Top Executives, and Former Alameda CEO Over Voyager Digital Deal
7.2.2023
On Feb. 6, 2023, law firm Kirkland & Ellis issued a subpoena to FTX co-founder Sam Bankman-Fried and top executives on behalf of Voyager Digital. The subpoena requested they produce documents and communications related to the “Alameda Loan Agreement” between Alameda Ventures...
Kazakhstan's President Signs Legislation to Limit Energy Usage of Crypto Mining
7.2.2023
The new legislation also calls for government-approved mining pools
‘It’s Time for Crypto to Put on Big Boy Pants’: 5 Ways TradFi Investors Are Rethinking Crypto in the Wake of FTX
7.2.2023
Pension funds, endowments, foundations and large family offices are key to crypto’s future. How do they look at the industry now? Angelo Calvello checks in with 15 asset-owners