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Binance to Offer $500 Million Worth of Loans to Crypto Mining Industry
16.10.2022
Cryptocurrency exchange Binance has set out to support crypto miners through a lending program established by its mining pool. Presenting the initiative this week, the coin trading platform also unveiled that Binance Pool intends to launch cloud mining products. Leading Exchange Binance Looking...
Over 12,000 Brazil companies declare crypto holdings in record high
10.10.2022
August figures released by Brazil's tax authority revealed over 12,000 companies have cryptocurrency holdings, the largest amount ever recorded
Nasdaq Establishes Crypto Unit — Sees Increased Demand for Digital Assets Among Institutional Investors
20.9.2022
Nasdaq has announced the launch of “Nasdaq Digital Assets” citing increased demand for digital assets among institutional investors in recent years. Initially, the new crypto unit will offer custody solutions for bitcoin and ether to institutional investors. Nasdaq Establishes Crypto...
Another Rough Quarter Awaits in Q3, Coinbase Warns After Bruising Financial Results
10.8.2022
The crypto exchange giant Coinbase is putting a positive spin on another quarter of sub-par results – and its CEO Brian Armstrong has stated that “across price cycles,” the exchange is still trending upward. But the firm appears braced for another rocky ride in the coming third quarter of FY2022....
Our Company Survived a Crypto Winter and Will Do It Again: Here’s Our Survival Guide for Crypto Businesses
23.7.2022
Sergey Vasylchuk is the Co-founder & CEO of the staking provider Everstake.
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Crypto winter, recession, or bear market are just a few of quite numerous monikers that the media uses to describe the current situation....
Read More: Our Company Survived a Crypto Winter and Will Do It Again:...
Localbitcoins User Pleads Guilty to Running Unlicensed Crypto Business — Faces Up to 5 Years in Prison
5.6.2022
A cryptocurrency trader has been convicted in the U.S. for operating an unlicensed money-transmitting business using Localbitcoins and Paxful. He faces up to five years in federal prison and a possible $250,000 maximum fine. Crypto Trader Pleads Guilty The U.S. Department of Justice (DOJ) continues...
Crypto Firms Flock to Dubai for Regulatory Clarity as UAE Cleans Its ‘Grey’ Reputation
5.6.2022
If you’re in the crypto industry, it seems that Dubai is the place to be right now. Not only is the most populated city in the UAE and one of the world’s biggest tourist hotspots, but it has recently seen an influx of crypto firms looking to establish a regional (or global) base, including...
Fidelity Plans Hiring Spree to Expand Crypto Services to Include Ethereum Trading and Custody
2.6.2022
Fidelity is planning a hiring spree to add ether trading and custody services to its cryptocurrency business. “As the demand for digital assets continues to steadily grow and the marketplace evolves, we will continue to expand our hiring efforts,” a Fidelity executive explained....
Swinburne Uni brings Web3 firms to class
27.5.2022
The industry will be able to “tap into future talent” as the partnership sees Judo Bank and Web3 firm Banxa and co-creating content, hosting lectures, providing case studies and even giving students access to their networks
Goldman Sachs and Barclays invest in UK crypto trading platform Elwood
16.5.2022
The global head of digital assets for Goldman Sachs said the demand for cryptocurrency from institutions is rising and the firm has been “actively broadening” its market capabilities to cater to that demand
Robinhood makes significant strides in crypto business in Q1 despite falling revenue
29.4.2022
The popular discount brokerage listed four trending tokens in Q1 2022
BitLicensed Crypto Firms Ordered to Pay Annual Assessment Fees in New York
19.4.2022
The fees will bring virtual currency companies on par with those paid by banking and insurance institutions as a way for the state to recoup operating expense costs and “best support” the industry
How the Crypto Industry is Increasingly Paying Its Share of Tax
10.4.2022
Crypto is now a billion-dollar industry. While reports covering the entire sector are patchy and overly conservative, filings from individual companies speak to the growing scale of crypto, with Coinbase and Blockchain.com alone generating USD 7.35bn and USD 1.5bn in revenue in 2021...
The future of work: Companies open offices in the metaverse
9.3.2022
From online meetings to product demonstrations, companies have been using the metaverse to bring their businesses to the digital world
Lockdown to metaverse: Pandemic leads crypto entrepreneur to new business headquarters
9.3.2022
Soon after getting stuck in the city, crypto entrepreneur Ilman Shazhaev says he realized that Dubai is the best place to conduct international business
Two Texans Use Flare Gas to Net USD 4M on Bitcoin Mining, Plan USD 20M in 2022
14.2.2022
Two Texan 23-year-olds have use an alternative way to mine Bitcoin (BTC), using flare gas from oil drilling, generating USD 4m in revenue last year, and eyeing USD 20m by the end of 2022....
Read More: Two Texans Use Flare Gas to Net USD 4M on Bitcoin Mining, Plan USD 20M in 2022
Crypto Exchanges Reward Staff with Bumper Bonuses after Successful 2021
2.2.2022
South Korean crypto trading platforms are not only offering huge pay packages to prospective new hires – they are also looking to retain their staff by paying them massive Lunar New Year bonuses.
As reported, the “big four” crypto trading platforms - Upbit, Bithumb, Korbit, and Coinone –...
Upbit Operator Posts Record Profits, Eyes US Expansion
17.12.2021
The South Korean crypto exchange operator Dunamu is set to accrue a tax bill of a whopping KRW 1trn (USD 843m) following the most successful year yet for its Upbit trading platform.
According to Donga, Dunamu posted cumulative operating profits of USD 2.2bn in the first three quarters of...
Recruiters say crypto firms seeking leadership in engineering, legal and finance
13.12.2021
Talent recruitment experts say that crypto firms are in dire need of the best leadership available to scale their businesses
Australia to Regulate Crypto Sector as Part of Payments Reform
8.12.2021
The government of Australia is preparing to comprehensively regulate the activities of cryptocurrency exchanges and custodians. The push is part of a major overhaul, aimed at preserving the country’s sovereignty over its payments system, which will also affect providers like Apple...