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World’s Largest Asset Manager BlackRock Chief Executive Says More Crypto Firms Will Fall Following FTX Collapse
1.12.2022
While there appear to have been "misbehaviors" by the collapsed crypto exchange FTX, the technology behind cryptocurrency remains relevant for the future, according to Larry Fink, the CEO of major investment fund BlackRock.
"We're going to have to wait to see how this all plays out" with FTX, Fink...
Binance, Coinbase Among Crypto Firms Questioned by US Senator After FTX Mess
29.11.2022
Binance.US and Coinbase (COIN) are on a list of crypto companies questioned this week by the chairman of the U.S. Senate Finance Committee about how they protect the investors using their services in light of the widespread damage caused by the fall of FTX
Report: State Securities Regulators Probe Crypto Lender Genesis
26.11.2022
State securities regulators are reportedly investigating Genesis Global Capital in a broad range probe into the “interconnectedness of crypto firms,” Barron’s reported on Friday. The report notes that the Alabama Securities Commission is looking into whether or not cryptocurrency firms have...
American regulators to investigate Genesis and other crypto firms
25.11.2022
Alleged securities violations and connections with retail investors are being investigated by the State of Alabama and several other states
Wall Street Banks Seen as Unlikely Saviors as Crypto Firms Struggle
18.11.2022
Crypto true believers say blockchain markets and finance represent an existential threat to the traditional financial industry. But now's probably not the time for Wall Street to gobble up ailing crypto firms, analysts say
FDIC acting chair says no crypto firms or tokens are backed by agency
15.11.2022
Martin Gruenberg answered affirmatively to Senator Bob Menendez that there were “no cryptocurrency firms backed by the FDIC” and its coverage did not include crypto "of any kind.”
US lawmaker warns of 'major consequences' for users of unregulated crypto firms, citing FTX
10.11.2022
"FTX’s FTT tokens are now worthless, and even worse, FTX.com customers are completely unable to access their funds,” said Maxine Waters
Meta Joins Growing List of Tech Companies Letting Workers Go – Crypto Firms to Follow Suit?
7.11.2022
With Facebook-owner Meta now joining a growing list of tech companies that are letting workers go, the inevitable next question becomes what crypto companies will do.
Per a report from the Wall Street Journal, “large-scale layoffs” are set to begin at Meta as early as this week. The layoffs could...
7 Startups Join Mastercard Program to Make Cryptocurrency More Accessible
5.11.2022
Payments giant Mastercard has added seven startups to its Start Path program to make cryptocurrencies more accessible. “We’re welcoming a new cohort of startups to ease access to digital assets, build communities for creators and empower people to innovate for the future through Web3...
US Lawmakers Probe SEC, Treasury, Federal Reserve Over Revolving Door With Crypto Industry
30.10.2022
U.S. lawmakers have raised concerns about the revolving door between financial regulators and the crypto industry. “Over 200 government officials have moved between public service and crypto firms,” the lawmakers said, adding that they include 31 Treasury Department officials and...
Crypto News Summary: 3 Indian Crypto Firms Investigated, NYSE Delists Twitter Shares, Ripple’s XRP Holdings are 'Below 50%'
28.10.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: 3 Indian Crypto Firms Investigated, NYSE Delists Twitter Shares, Ripple’s XRP Holdings are 'Below 50%'
Japan’s Police and FSA Publish a Joint Cyber Warning to Crypto Firms, Link Attacks to Lazarus Group
18.10.2022
According to the National Police Agency (NPA) in Japan, North Korean hackers from the crime syndicate Lazarus Group have been targeting crypto companies in the country. Local reports detail that it’s the fifth time the NPA has tied “public attribution” to the organization of North Korean cyber...
North Korean Hacker Group Lazarus Targets Japanese Crypto Firms
17.10.2022
Lazarus Group is accused of behind the $625 million Ronin Bridge exploit, blockchain analytics firm Elliptic also traced the $100 million Horizon Bridge hack back to Lazarus in June
Bear market didn't stop crypto firms from hiring, says recruitment exec
7.10.2022
Recruitment firm executive Clayton Pullum said that companies have become more strategic when it comes to hiring during the crypto winter
DeFi Platform Ribbon Finance's Unsecured Lending Product Sees Crypto Firms Folkvang and Wintermute Borrow Over $10M
6.10.2022
Ribbon's Lend, which went live on Monday, allows institutions to borrow funds without having to lock in collateral
US CFTC as Crypto’s Regulatory Savior? Crypto Firms Might Not Like What They Get
5.10.2022
Just because Rostin Behnam is the rare government official who can casually drop a comment that suggests a future explosion in bitcoin price, doesn’t mean he’s a crypto bro. The chairman of the Commodity Futures Trading Commission (CFTC) is widely seen in crypto circles as a relatively friendly...
Italy Has a Registry of 73 Unvetted Crypto Firms
5.10.2022
Companies entered into a new registry for crypto firms have said they’ve secured regulatory approval in Italy, but the country's supervisory body – the Organismo Agenti e Mediatori – hasn't actually checked their operations
UK Regulator: Crypto Firms Undeterred by Strict Regulation — ‘They Know We Have a Good System’
2.10.2022
The Financial Conduct Authority (FCA), Britain’s top financial regulator, has revealed that many crypto firms are still seeking licenses to operate in the U.K. despite failing to meet regulatory requirements the first time. “They know we have a good system of regulation and if they...
Uzbekistan Introduces Monthly Fees for Cryptocurrency Companies
2.10.2022
Crypto firms in Uzbekistan will have to pay fees to the state under new legislation proposed by regulators. The charges vary depending on the business activity and can reach $11,000 a month in the case of digital asset exchanges. Failure to pay will result in license suspension. Crypto Operators...
Bittrex, Merkle Science, Bitgo Join Crypto Market Integrity Coalition
30.9.2022
Following the introduction of the Crypto Market Integrity Coalition (CMIC) with 17 member firms last February, the organization has added eight new members. New coalition recruits include Bittrex, Merkle Science, Crystal Blockchain and Bitgo. 8 Crypto Market Firms Join Crypto Market Integrity...