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Nexo and Amber Group executives claim 'exponential' growth in crypto institutional investment
25.3.2022
Panelists at the Blockchain Africa Conference 2022 discuss the significant potential of cryptocurrency institutional investment while highlighting the challenges it still faces
Binance, Coinbase Explain Why Cryptocurrency Won’t Help Russia Evade Sanctions
7.3.2022
The chief executives of two major cryptocurrency exchanges, Binance and Coinbase, do not believe that cryptocurrency is an effective tool to help Russia evade Western sanctions. CEOs of Binance and Coinbase Say Crypto Not Useful at Evading Sanctions Since Russia began its invasion of Ukraine...
Meta’s Horizon Worlds Userbase Grows Tenfold in Three Months
21.2.2022
Horizon Worlds, one of the flagship metaverse apps that Meta has released, has reached a monthly userbase of 300K users on its platform. Meta’s executives announced this milestone in a virtual all-hands update last week. The company also announced recently that more than 10,000 worlds...
Report: EA Executives Blame Halo, Covid For Battlefield 2042's Failures
17.2.2022
While the game has its fans (hi!), there’s no escaping the fact that in a wider context Battlefield 2042's launch has been a disaster for Electronic Arts. Fan reception has been hostile, playercounts have dropped like a stone and the company won’t even disclose how many copies of the game have...
South Korea Jails Seven Masterminds of Country’s ‘Largest Crypto Fraud Scheme’
13.2.2022
Seven executives of the collapsed South Korean scam cryptocurrency exchange, V Global, were recently handed lengthy jail sentences as punishment for their role in running one of the country’s biggest crypto frauds. Verdict Sets New Benchmark Seven former masterminds of the now-defunct scam...
Russian tech and political executives denounce crypto ban proposal
24.1.2022
Telegram CEO Pavel Durov wrote that the proposed ban on crypto would “destroy a number of sectors of the high-tech economy” in a recent post on his massaging platform
BTC Markets hires former ASX and Tyro executives to advisory board
16.11.2021
David Raper and Garry Duursma will be joining the advisory board at Australia’s largest crypto exchange, BTC Markets
Tanzania Central Bank Heeding Call to Prepare for Crypto, Economists Express Reservations
5.10.2021
While the Bank of Tanzania (BOT) executives continue to reiterate the central bank’s willingness to heed the government’s call to prepare for cryptocurrencies, some economists insist Tanzania lacks the resources needed for it to adopt such digital currencies. Economists: Tanzania...
Six XRP Token Holders to Speak in Ripple-SEC Case as Circle Gets Subpoena
5.10.2021
blank" rel="noopener noreferrer" href="https://cryptonews.com/coins/usd-coin/">USD coin (USDC), with a subpoena.In the Ripple-SEC case, which revolves around the assertion that executives knowingly sold an unregistered security, XRP holders have been attempting to insert themselves into t
Bitcoin Miners Secure More Nuclear Deals Amid Climate Concerns
27.9.2021
r - stable and carbon-free power, the Wall Street Journal reported, citing “executives and analysts.” Also, this may be a pa
Court Extends Detention of Finiko Pyramid Founder Doronin and His Right-Hand Man
25.9.2021
A court in Tatarstan has extended the detention of Kirill Doronin, founder of Russia’s largest Ponzi scheme in recent times, Finiko. Doronin will spend at least two more months in custody as authorities fear he could hide from law enforcement. Ilgiz Shakirov, vice-president of the crypto...
Small Business Owners Study Says Los Angeles Ranks the Most Crypto-Friendly City in the US
25.9.2021
A recent study conducted by the online invoicing company that works with small businesses Skynova explains that the city of Los Angeles (LA) is the “most crypto-friendly city in the United States.” Skynova surveyed close to 600 small business owners and top-level executives from...
Blacklisted Suex Addresses Received Over $900 Million in Crypto, Report Reveals
23.9.2021
Cryptocurrency addresses allegedly used by Russian exchange Suex, recently placed under U.S. sanctions, have received more than $934 million in crypto assets, blockchain analysis suggests. According to the Treasury Department, over 40% of the platform’s transactions involved criminal actors....
Singapore’s Largest Bank DBS Sees Rapid Growth in Crypto Business, Robust Demand From Investors
14.9.2021
DBS Group Holdings, the largest bank in Singapore and Southeast Asia, says its crypto business is “growing very rapidly.” The bank’s digital asset trading platform expects to double the number of members by year-end. Singapore’s DBS Expects Substantial Growth in Crypto...
MicroStrategy Insider Sales Hint Executives May Lack CEO’s Conviction
9.9.2021
/p>As first reported by Bloomberg, the filings showed that MicroStrategy’s Chief Financial Officer Le P
‘SEC Will Stop at Nothing to Control Entire Crypto Space,’ Says Former Federal Prosecutor
9.9.2021
A former federal prosecutor says that the U.S. Securities and Exchange Commission (SEC) “will stop at nothing to control the entire crypto space.” The SEC has now threatened to sue the Nasdaq-listed crypto exchange Coinbase. The regulator is already in an ongoing lawsuit with Ripple...
Centre Consortium Working to Create ‘Global Network’ of Stablecoins
1.9.2021
Centre, the consortium created by Circle and Coinbase around USD coin (USDC), has assembled a team of new executives to power its expansion overseas. The new team, comprising six new executives assembled by David Puth, CEO of Centre, will look to support new partners and add new alliances to keep...
Government Watchdog Investigates Conflicts of Interest Involving SEC Officials, Crypto, XRP, Ripple Lawsuit
18.8.2021
Government watchdog Empower Oversight has requested internal documents from the U.S. Securities and Exchange Commission (SEC) on cryptocurrency that potentially show conflicts of interest at the commission involving former high-level officials. This affects the commission’s lawsuit against...
US SEC Shuts Down $30 Million Defi Money Market in First Decentralized Finance Bust
8.8.2021
The U.S. Securities and Exchange Commission (SEC) has taken its first enforcement action involving decentralized finance (defi). The commission has charged a defi platform and its executives for unregistered securities sales of more than $30 million and misleading investors. SEC’s...
Multi-Billion Dollar Hedge Fund Goldentree Is Reportedly Adding Bitcoin to Its Balance Sheet
1.8.2021
The hedge fund Goldentree, a firm with $41 billion in assets under management (AUM) has reportedly added the leading crypto asset bitcoin to its balance sheet. Unnamed sources detail that the American asset management firm leveraged bitcoin to diversify from traditional debt investment strategies....