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KPMG to help US crypto firms uphold reporting standards
19.7.2024
KPMG formed a strategic alliance with Cryptio to help crypto firms in the United States adhere to GAAP compliance, enhancing accounting and reporting practices
HK bank supports nation's regulatory goals with reserve services
19.7.2024
This development aligns with the city’s regulatory goals and represents a forward-thinking approach to integrating traditional banking with cutting-edge financial technologies
Putin Calls to ‘Seize the Moment’ to Kickstart Digital Ruble and Crypto Adoption In Russia
19.7.2024
President Vladimir Putin declared it was time for Russia to create the environment needed to increase the adoption of digital assets and the Russian CBDC, the digital ruble, as part of the country’s economic tissue. He also reported that over 30,000 transactions have been made in the pilot...
Animoca, Standard Chartered team up in HKMA stablecoin sandbox
18.7.2024
The Hong Kong Monetary Authority has selected three parties for assessment in its stablecoin issuers sandbox
Greek gov't to impose crypto taxes starting 2025
18.7.2024
Currently gains on crypto profits are going untaxed and unrecognized by the Greek government - but not for long as regulators are seeking new taxes on the industry early next year
Chainlink’s tokenization sandbox cuts trials to days instead of months
18.7.2024
The sandbox could lead to more financial institutions adopting asset tokenization solutions
OTC Crypto Spot Transaction Volume Surges 95% in H1 2024, Driven by Institutional Interest
17.7.2024
The over-the-counter (OTC) institutional cryptocurrency market saw a dramatic increase in spot transaction volume in the first half of 2024. A recent report by Finery Markets reveals a 95% year-over-year growth, highlighting a significant rise in institutional engagement. Institutional Interest...
Proof of funds technology seeks to replace exchanges’ reserves reports
16.7.2024
Data lake provider TRES is introducing a new mechanism to track exchange and custodian reserves, joining Chainlink and other solutions catering to institutional demand
Digital Asset Funds Achieve Record $17.8B Inflows in 2024, Reports Coinshares
15.7.2024
Digital asset investment products experienced significant buying activity last week, resulting in inflows of $1.44 billion. This brings the year-to-date total to a record $17.8 billion, far exceeding the 2021 figure of $10.6 billion, according to Coinshares. Record Inflows in Digital Asset Funds...
Bitcoin and Ether lead $17.8B crypto inflows
15.7.2024
Bitcoin saw its fifth-largest week of inflows on record, helping it recapture the $60,000 mark, while Ether inflows took second place in anticipation of the US Ether ETFs
Bitcoin and Ether lead $17.8B crypto inflows
15.7.2024
Bitcoin saw its fifth-largest week of inflows on record, helping it recapture the $60,000 mark, while Ether inflows took second place in anticipation of the US Ether ETFs
Standard Chartered-Backed Blockchain Firm Partior Closes $60 Million Series B Round
14.7.2024
Blockchain firm Partior announced on July 12 that it had closed a $60 million Series B funding round led by Peak XV Partners. The investment will be used to enhance Partior’s capabilities, including intraday foreign exchange swaps, cross-currency repos, and just-in-time multi-bank payments. Partior...
Nigeria’s SEC advised to regulate Bitcoin, Ether as commodities
13.7.2024
By treating Bitcoin and Ether as commodities, Nigerian regulators can establish a more tailored regulatory framework that reflects the unique characteristics of these digital assets
Nigeria’s SEC urged to regulate Bitcoin, Ether as commodities
13.7.2024
By treating Bitcoin and Ether as commodities, Nigerian regulators can establish a more tailored regulatory framework that reflects the unique characteristics of the digital assets
Seven Years of Binance: CEO Richard Teng Shares Insights on Achievements and Future Goals
12.7.2024
Binance is celebrating its seventh anniversary, reflecting on its growth and achievements in the rapidly evolving cryptocurrency industry. In an open letter, Binance CEO Richard Teng shared his insights and perspective on the company’s journey and future. Binance CEO Richard Teng on Successes...
VanEck Head Of Digital Assets Predict Ethereum Can Hit $50k
12.7.2024
In a recent interview on the Paul Barron Network, Matthew Sigel, Head of Digital Assets Research at VanEck, offered his perspective on the future potential and potential value of Ethereum. Did he just say $50K ETH??????????? @matthew_sigel FULL EPISODE????https://t.co/wuUXDu2bFv$ETH #EthereumETF...
Digital Assets Thrive in H1 2024, CME and Glassnode Report Finds
12.7.2024
Digital assets showed significant growth in the first half of 2024, driven by increased institutional interest and the approval of spot bitcoin ETFs. According to a report from CME Group and Glassnode, these factors have cemented digital assets as a crucial asset class with unique opportunities...
Dough Finance loses $1.8M in flash loan attack
12.7.2024
The attacker exploited unvalidated calldata, resulting in 608 ETH being stolen
Dough Finance loses $1.8M in flash loan attack
12.7.2024
The attacker exploited unvalidated call data, resulting in 608 ETH being stolen
FDIC nominee Goldsmith Romero says banks can custody digital assets
11.7.2024
The Federal Deposit Insurance Corporation Chair nominee stated her position amid the failure of Congress to overturn the SAB-121 veto