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Crypto lender Amber Group considers selling Japan unit: Report
14.4.2023
Amber's review of its Japan operation is part of a strategic shift towards institutional business and away from retail business
Crypto Exchange Bitrue Suffers $23 Million Hack
14.4.2023
Singapore-based crypto exchange Bitrue has lost millions of U.S. dollars’ worth of ether and other coins in a hack. The trading platform suspended withdrawals until early next week to conduct additional security checks and promised to compensate the affected users. Bitrue Exchange Loses...
Biggest Movers: ADA Surges to 7-Month High, as XRP Extends Recent Gains
14.4.2023
Cardano rose to its highest level in seven-months on April 14, as cryptocurrency markets remained bullish. The global crypto market cap rose by as much as 2.25% on Friday, with bitcoin moving above $31,000. Xrp was another notable gainer, as the token hit a two-week high. Cardano (ADA) Cardano...
MoneyGram Head of Fintech Strategy: Bad News Can't Stop the Blockchain
14.4.2023
As the world rapidly embraces digital transformation, blockchain technology and cryptocurrencies are gaining significant traction in the realm of global remittance, according to Luther Maday, Head of Fintech Strategy and Innovation at MoneyGram.
However, the journey to mainstream adoption...
Crypto exchange Bitrue suffers $23M hack due to hot wallet eploit
14.4.2023
Bitrue executives promised to compensate in full all the identified users who are affected by the hot wallet hack that accounted for 5% of all funds on the exchange
Ripple files response to SEC’s Letter of Supplemental Authority
14.4.2023
The lawsuit between Ripple and the SEC has taken a new turn. A couple of days ago, the SEC filed a Letter of Supplemental Authority to support its notion of summary judgment. Regarding Commonwealth Equity Services’ support for the SEC, the US regulatory authority cited the District...
Forbes 2023 billionaires list highlights crypto influencers, TMS Network outranks Fantom & Conflux
14.4.2023
Forbes released their list of the world’s billionaires for 2023, with Binance’s Changpeng Zhao leading the crypto billionaires list. Not all crypto billionaires are captains of industry; the Winklevoss twins made a list through Bitcoin’s appreciation. Fantom (FTM) and Conflux...
Nigerian crypto payment startup shuts down, offers IP for sale
14.4.2023
Nigerian crypto and Web3 company Lazerpay shuts down due to the inability to raise funds and advises users to withdraw funds before April 30
Former Deutsche Bank Investment Banker Charged With Crypto Fraud in US
14.4.2023
An investment banker formerly employed by Deutsche Bank has been charged with perpetrating a crypto-related fraud. The man from Brooklyn has been accused of misappropriating funds from victims whom he promised large returns on cryptocurrency investments in a Ponzi-like scheme. Ex-Deutsche Bank...
London Stock Exchange’s LCH SA to Clear Bitcoin Futures and Options on GFO-X Through New Service
13.4.2023
On April 13, 2023, the London Stock Exchange’s LCH division, a clearing house group serving major international exchanges and a wide range of over-the-counter (OTC) markets, announced its plans to offer clearing of bitcoin index futures and options contracts traded on GFO-X. Frank Soussan...
Analysts’ favorite cryptos to buy now APT, MATIC & TOADS
13.4.2023
As the crypto world expands with the emergence of new cryptocurrencies, crypto investment is more accepted than before. When new crypto projects spring up, there are more opportunities for investors to embrace, with explosive growth and massive returns. However, with so many coins on the market...
FTX Finds $7.3 Billion in Liquid Assets; Lawyers Consider Rebooting Shuttered Crypto Exchange
13.4.2023
FTX debtors revealed during a hearing on April 12th that the restructuring team has collected $7.3 billion in liquid assets. The exchange is currently considering a relaunch, according to a lawyer representing the defunct cryptocurrency exchange. Following the announcement, the exchange’s...
From water to cryptocurrency: The paradox of utility and market value
13.4.2023
By taking these factors into account, we can have a better understanding of how market value is determined, so we can make better-informed decisions when we are analyzing crypto-investing opportunities
Ethereum Shapella goes live on mainnet
13.4.2023
It has been a while since Ethereum’s The Merge went live. Ethereum is now back with the second major upgrade – Shapella -and it has important benefits to offer to the community of developers and users. To start with, Ethereum Shapella optimizes the cost for certain transactions. While details...
EOS Network lands $60M investment and partnership from DWF Labs
13.4.2023
DWF Labs invests over $60 million in a partnership with the EOS Network Foundation, providing a $45 million EOS token purchase agreement and a $15 million pledge for EOS-based projects to expedite growth and adoption
Despite Using Euro, Montenegro to Develop Own Digital Currency With Ripple
13.4.2023
Montenegro intends to create and issue its own digital currency with help from U.S.-based crypto company Ripple. The Southeast European nation, which adopted the euro unilaterally, is moving to realize the plan despite the eurozone developing a digital version of the common currency. Monetary...
Chainlink and Near Protocol left in the dust as TMS Network soars during presale
13.4.2023
The crypto market is notorious for its volatility and unpredictability, and lately, TMS Network (TMSN) has been making waves. As this relatively unknown cryptocurrency reaches new heights, more established players like Chainlink (LINK) and Near Protocol (NEAR) struggle to keep up. In this article...
Telcoin delivers digital asset trades in the EU
13.4.2023
Telcoin, which happens to be an absolute top-of-the-line Web3 platform linking conventional fintech with decentralized finance (DeFi), has successfully delivered digital asset trades in the European Union. According to their plans, they have begun in Lithuania and will slowly cover the remaining...
FTX eyes recovery of assets with work for the future in process
13.4.2023
Since FTX’s collapse about four months ago, there has been instability in the cryptocurrency market, forcing holders to follow the wait-watch principle. Things have not been working well for Sam Bankman-Fried since then. He is the former Chief Executive Officer of FTX who has pleaded...
China Fines Bitmain $3.6 Million for Tax Violations, Report
13.4.2023
Chinese authorities have fined leading crypto mining hardware manufacturer Bitmain for tax-related violations, local media reported. The penalty comes amid increasing tax checks in the digital asset sector, according to information from the crypto community. Bitmain Fined for Failing to Pay Income...