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Binance Faces DOJ Probe as Investigators Target Crypto Money Laundering and Tax Evasion
13.5.2021
Binance, one of the largest cryptocurrency exchanges in the world, is now being probed by the Department of Justice (DOJ) under the assumption that it could be immersed in money laundering transactions. The investigation will also include inquiries from the Internal Revenue Service (IRS), which...
Can Tokenplace Usher in a New Era in Crypto-economics?
13.5.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Over the last few years, the cryptoverse has seen many new trading platforms go online one after the other. That begs the question, why? After all, if all you are interested in is Bitcoin, Ethereum,...
Quiet down, Elon: 5 crypto stories that didn't need Musk's Twitter antics to move markets
13.5.2021
Yeah, yeah, we get it: Elon loves attention. Here's a picture to keep him happy. Meanwhile, let's take a look a 5 crypto news stories this month that didn't require us to fawn over his influence
Facebook-Backed Crypto Project Diem Moves to US, Unveils New Launch Plan
13.5.2021
Facebook-backed cryptocurrency project Diem, formerly Libra, is moving from Switzerland to the U.S. In collaboration with Silvergate Bank, the association, which oversees the development of the diem cryptocurrency, has unveiled a new launch plan. Facebook-Backed Stablecoin Has New Launch Plan...
What Is Nano? Fee-Free Crypto Asset Gains 60% Intraday
13.5.2021
Nano, a relatively obscure cryptocurrency, managed to catch the spotlight yesterday due to its singular transactional proposal. But, what is Nano really, and why did the token manage to skyrocket more than 60% in just a few hours? Nano and Its Fee-Free Approach Nano, a fairly unknown cryptocurrency...
Investment bank Cowen set to offer institutional-grade crypto custody
13.5.2021
The 103-year-old bank wants to hold crypto for asset managers and hedge funds as Wall Street begins offering cryptocurrency products to institutional clients
Unstoppable Domains’ .crypto websites now available via Brave browser
13.5.2021
In contrast to traditional domains stored on behalf of users by custodians like Google Domains, .crypto domains are stored in crypto wallets
Grayscale's diversified crypto fund files to become SEC reporting company
13.5.2021
Grayscale Investments has filed to make its $630 million diversified large-cap crypto fund an SEC reporting company
Bitcoin Markets Blood Red After Tesla Announcement, Crypto Economy Sheds Billions
13.5.2021
Digital currency markets have seen better days, as billions of dollars were shaved off the entire crypto-economy after Tesla revealed it would not be accepting bitcoin over environmental concerns. The entire market capitalization of all the crypto assets in existence has dipped under the...
Stan Druckenmiller: US Will Likely Lose Reserve Currency Status in 15 Years, Hard to Unseat Bitcoin as Store of Value
13.5.2021
Legendary fund manager Stanley Druckenmiller says that he is worried that within 15 years the U.S. dollar will lose its world’s reserve currency status. He said that crypto is a solution to the lack of trust in Fed Chairman Jerome Powell “and the rest of the world’s central...
Bank of Korea wants to monitor crypto trading activity, cites monetary risks
13.5.2021
South Korea’s central bank is the latest entity seeking powers to monitor crypto trading activity in the country
US SEC Has Brought 75 Enforcement Actions on Crypto Industry
13.5.2021
The U.S. Securities and Exchange Commission (SEC) has brought 75 enforcement actions against companies and individuals in the crypto industry so far, according to a new report by Cornerstone Research. The agency also brought 19 trading suspension orders against digital asset market participants...
IRS Could Come For Your Crypto If You Owe Them - Official
13.5.2021
If you happen to owe any money to the US Internal Revenue Service (IRS), the agency is willing to explore yet another way to make sure you pay your tax debts.
According to Robert Wearing, Deputy Associate Chief Counsel for Procedure and Administration at the IRS, the US government considered...
Crypto Pawn Brokerage DeFi For You Launches P2P Lending
13.5.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Hanoi, Vietnam - The world's first crypto-pawn platform DeFi For You is launching a peer-to-peer lending platform that allows users to stake crypto-assets and NFTs (non-fungible tokens) as collateral...
Sotheby’s crypto-powered auction sells Banksy art for $13M
13.5.2021
Sotheby’s originally estimated Banksy’s “Love is in the Air” to sell for up to $5 million
Crypto.com Lists 'Dogecoin killer' Shiba Inu Token (SHIB)
13.5.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Proclaimed as a ‘Dogecoin killer,’ the Shiba Inu token (SHIB) is now available in the crypto.com app. Alongside 100+ cryptocurrencies and stablecoins, including (BTC), Ether (ETH), Polkadot (DOT)...
You can buy condos with DOGE in Portugal as crypto real estate listings soar
13.5.2021
You can now use Dogecoin to buy luxury apartments in Portugal, with a penthouse currently on sale for around 5 million DOGE, worth roughly $2.2 million
Cybersecurity Firm Spots a Crypto Stealer Distributed Through a Massive Email Spam Campaign and Discord Channels
13.5.2021
A crypto stealer seems to have spread through a massive spam campaign across several countries, including the United States, Australia, Japan, and Germany. The malware dubbed “Panda Stealer” has been spotted by a cybersecurity company. It is reportedly also distributed on Discord...
Bitwise launches US ‘crypto ETF’… sort of
13.5.2021
Bitwise has launched a new ETF offering exposure to the top publicly-listed firms operating in the blockchain and crypto industries
Which 'green' cryptocurrency is Tesla likely to add for payments?
13.5.2021
Elon Musk revealed that Tesla will halt all BTC transactions due to environmental concerns, with the firm set to look at more energy-efficient cryptocurrencies