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Blockchain venture capital funding down over 43% in July: Report
18.8.2022
The crypto market downturn is impacting private funding, but are recent declines in capital inflows as bad as the figures suggest?
Spending on US Crypto TV Ads Shrunk From USD 85M to USD 36K in 5 Months - Report
18.8.2022
With leading crypto exchanges looking for ways to trim down spending on marketing and advertising efforts during the ongoing market downturn, ads featuring celebrities such as actor Matt Damon, as well as athletes LeBron James and Tom Brady, have reportedly disappeared from US television....
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Russian Bitcoin Miners ‘Used 1.25GW’ to Power Their Rigs Last Year, Double the 2020 Total – Report
17.8.2022
Russian bitcoin (BTC) miners reportedly used a whopping 1.25 gigawatts (GW) of electrical power to fuel their activities in 2021, almost double their total for 2020 – as the industry continues to expand in the nation.
Per Novie Izvetiya, Intelion Data Systems experts calculated that altcoin mining...
Crypto Lender Nexo Sues Former Director Over $7.9M Trading Loss: Report
17.8.2022
Cryptocurrency lender Nexo is taking legal action against its former director, Georgi Shulev, on claims that he failed to keep his side of a settlement agreement
Colombia to prevent tax evasion with national digital currency: Report
17.8.2022
A national digital currency would help curb tax evasion in Colombia, which is estimated at up to 8% of GDP, the head of Colombia’s tax and customs agency said
Another depeg — Acala trace report reveals 3B aUSD erroneously minted
17.8.2022
As the dust settles on another decentralized finance exploit, Acala continues to trace tokens that were erroneously minted after a misconfiguration in a newly launched liquidity pool
Report: Celsius CEO Accused of Controlling Crypto Company’s Trading Scheme and Placing Bad Bets
17.8.2022
According to a recent report published on Tuesday, the Israeli-American founder and CEO of Celsius Network, Alex Mashinsky, was in charge of the company’s trading strategy. The report, citing multiple people familiar with the matter, said Mashinsky sold millions of dollars’ worth...
El Salvador’s Chivo BTC App Largely Disused & ATM Booths ‘Empty’ – Report
16.8.2022
Under 2% of remittances made to El Salvador make use of the state-operated Chivo bitcoin (BTC) app and wallet – and bitcoin ATM booths in the nation are “empty” less than a year after their launch, a new report has claimed. But the government claims that the app is still popular among many...
Celsius CEO personally directed crypto trades months before bankruptcy: Report
16.8.2022
One person familiar with events at Celsius reportedly said CEO Alex Mashinsky was “slugging around huge chunks of Bitcoin” and ordering trades based on bad information
Tencent Halts NFT Sales on Its Huanhe Platform Amid Regulatory Scrutiny: Report
16.8.2022
Users of the Chinese tech giant's Huanhe non-fungible token platform will still be able to hold, display or request a refund on their NFT holdings
Celsius Network coin report shows a balance gap of $2.85 billion
15.8.2022
The latest findings could brew more trouble for the crypto lender for allegedly misleading and offering wrong details in the court documents
Crypto Venture Capital Firm Dragonfly Buys Hedge Fund MetaStable Capital: Report
15.8.2022
Dragonfly has also rebranded itself, according to Bloomberg
Celsius Coin Report Reveals USD 2.8BN Crypto Shortfall
15.8.2022
A newly released report from the troubled crypto lender Celsius (CEL) shows that the company is short on its crypto obligations to customers by around USD 2.8bn.
According to the report, Celsius has a net coin position of negative USD 2.845bn, split between coins such as bitcoin (BTC), ethereum...
Zipmex Crypto Exchange Gets Over 3 Months Creditor Protection in Singapore: Report
15.8.2022
Cryptocurrency exchange Zipmex has been granted creditor protection until December by Singapore's high court, according to a Bloomberg report
UAE Now Requires Agents to Report Real Estate Transactions Where Virtual Currency Is Used as Payment
12.8.2022
The United Arab Emirates (UAE) has said it now requires real estate agents, brokers, and law firms to report to the Financial Intelligence Unit real estate transactions in which virtual currency is used as payment. Similarly, real estate purchases or sales where “the funds used in...
Hedge Fund Point72’s Steve Cohen Plans Crypto Asset Manager: Report
12.8.2022
The new vehicle from the hedge fund billionaire would trade spot cryptocurrencies and crypto derivatives
Indian Authorities Freeze Nearly $46M Assets of Troubled Crypto Lender Vauld: Report
12.8.2022
Nearly $50 million worth has been frozen by authorities at the troubled crypto exchange, media reports say
Three-quarters of institutions to use crypto in the three years: Ripple
12.8.2022
Ripple's new Value Report on enterprise crypto and blockchain highlights NFT, blockchain and CBDC utility in business settings
Huobi Might Get a New Owner, FTX Among Potential Buyers - Report
12.8.2022
Huobi Group founder Leon Li is in talks to sell his roughly 60% stake in this major crypto exchange, while Tron (TRX) founder Justin Sun and Sam Bankman-Fried’s FTX exchange are being mentioned among those who’ve had preliminary contact with Huobi....
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Huobi Founder in Talks to Sell Majority Stake at $3B Valuation: Report
12.8.2022
The deal could be one of the biggest ever in the crypto industry