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Senator Warren Addresses Growing Threat of Crypto Scams on Seniors
20.11.2023
Source: Pixabay Senator Elizabeth Warren has highlighted the dangers posed by cryptocurrency scams targeting seniors, receiving support from a cybersecurity expert who endorsed her digital asset legislation as a preventive measure against future scams. In a Senate hearing on November 16, Warren...
Poloniex Crypto Exchange Reveals Hacker’s Identity, Offers $10 Million Bounty
20.11.2023
Source: AdobeStock / Tomasz Bidermann Digital asset exchange, Poloniex has uncovered the identity of the hacker who stole over $100 million from its wallet offering a $10 million bounty for a smooth recovery process. Blockchain security firm PeckShield revealed that Poloniex has made progress...
Republic Plans to Pay Users’ Dividends on Avalanche Blockchain
18.11.2023
Source: Avalanche Next-generation investment and technology firm Republic has announced plans to issue its upcoming digital asset on the Avalanche blockchain network. Called Republic Note, the digital asset will serve as a form of dividend payout for investors who tap into the extensive portfolio...
Bitget Releases Position Grids to Reshape Digital Asset Trading
17.11.2023
Source: AdobeStock / Rafael Henrique Cryptocurrency exchange, Bitget has launched position grids, a trading tool to enable users to take advantage of market fluctuations in a bid to scale up activities. In a recent press release, the exchange announced the integration of its trading tools to...
New Form 1099-DA: What it Means for Digital Asset Brokers and Their Customers
17.11.2023
Unpacking the IRS’ controversial new crypto tax regulation proposals
Global securities body IOSCO unveils crypto regulatory framework proposals
17.11.2023
According to the report, these expectations can be addressed by applying existing rules or creating new ones, depending on the jurisdiction
58 US Lawmakers Probe Biden and Yellen on Hamas’ Crypto Operations
17.11.2023
Fifty-eight U.S. lawmakers have probed President Joe Biden and Treasury Secretary Janet Yellen regarding Hamas’ digital asset operations, as well as whether the U.S. has had success in seizing illicit cryptocurrencies. Despite reports that terrorist groups have raised millions in crypto,...
CoinShares Gets Greenlight to Buy Valkyrie ETF Arm as It Expands Into North America
16.11.2023
Source: Adobestock Leading European digital asset investment firm CoinShares has announced its strategic acquisition of the Valkyrie Funds, a crypto exchange-traded fund (ETF) subsidiary of US-based Valkyrie Investments. In a press release dated November 16, the CoinShares Group stated it obtained...
Head of Dubai’s Digital Asset Regulator Steps Down – What’s Going On?
16.11.2023
Image Source: Pixabay The head of Dubai’s cryptocurrency regulator, Henson Orser has left the role to pursue new interests amid looming domestic fines on digital asset companies for a breach of rules. According to a Bloomberg report Orser, who was the head of the Virtual Assets Regulatory Authority...
Blockchain.com Raises $110 Million in Series E Round Led by Kingsway
16.11.2023
Blockchain.com, a cryptocurrency enterprise offering a digital asset exchange, a blockchain explorer, and a non-custodial wallet, has recently secured $110 million in a Series E funding round spearheaded by Kingsway. Despite this successful funding round, Blockchain.com’s post-valuation...
Bakkt Shifts Focus Back to Digital Asset Custody, Adds Support for Six New Coins
15.11.2023
Source: iStock Bakkt Holdings is refocusing on digital asset custody as its primary business, announcing support for six new coins in addition to Bitcoin and Ether. Bakkt has officially relaunched its Bakkt Custody platform, introducing several enhancements and expanding its supported tokens to...
Crypto-Friendly Lawmakers Ask Biden, Yellen to Quantify Hamas' Digital Asset Fundraising
15.11.2023
A group of lawmakers led by
Bakkt shifts focus to custody services, adds support for DOGE, SHIB, other coins
15.11.2023
Bakkt is expanding its custody services shortly after its quarterly earnings report showed assets under custody declined 28%
German Banking Giant Commerzbank Granted Crypto Custody License
15.11.2023
Commerzbank has made a significant stride in the digital asset sector by becoming the first German full-service bank to receive a Crypto Custody License. Commerzbank believes the breakthrough positions the bank at the forefront of the burgeoning crypto market in Germany. The firm discloses that...
Australia Introduces Capital Gains Tax For Wrapped Tokens
14.11.2023
Source: Pixabay The Australian Taxation Office has issued an update on its capital gains tax for crypto products, stating that it also extends to wrapped tokens or token interaction with decentralized lending protocols. The previous edition of the capital gains tax stated that capital gains...
Get Ahead of the Ethereum Price Explosion With the ETHETF Token Before BlackRock Ethereum ETF Launches – Price Pumps 400% in Early Action
14.11.2023
A new cryptocurrency launched today called $ETHETF Token and it is the go-to digital asset to capitalize on approval of a spot Ethereum ETF from fund giant BlackRock. Launched at 1pm GMT on Uniswap the price of the coin has rocketed 186% within the first 10 minutes of trading, currently priced...
Inflows Into Digital Asset Investment Products Cross the $1 Billion Mark — Study
14.11.2023
The U.S. dollar value of funds flowing into digital asset investment products or exchange-traded products (ETP) in 2023 now exceeds $1 billion. In the week ending Nov. 10, approximately $293 million flowed into ETPs. Bitcoin ETP trading volumes in the week under review constituted nearly 20%...
Crypto.com Wins Digital Asset License in Dubai
14.11.2023
Cryptocurrency exchange Crypto.com has been granted a licence to operate specified virtual asset service activities in Dubai
APEC finance ministers to share perspectives on crypto at meeting in San Francisco
13.11.2023
U.S. Treasury Secretary Janet Yellen said she is looking forward to hearing from the finance ministers of some of the world’s most crypto-forward countries
IRS Holds Hearing on Digital Asset Reporting Regulations Following Pushback
13.11.2023
Following massive pushback from the crypto industry, the Internal Revenue Service (IRS) held a public hearing on Monday morning, chiefly discussing their recently proposed digital asset broker reporting regulations. A firestorm of comments Initially filed on August 29th, 2023, the IRS’ proposed...