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Russians Use Tether to Send Money to the West, Evading Sanctions and KYC – Transparency International
15.3.2023
Russian banks may currently be cut off from the SWIFT international payments network. But, despite wide-ranging international sanctions against the Kremlin, money keeps flowing between Russia and the West, and a range of brokers are ready to turn Russian rubles into foreign currency abroad, in cash
Brazilian Tax Authority Numbers Reveal Cryptocurrency Market Recovery in January
6.3.2023
Numbers from the Brazilian tax authority indicate that the cryptocurrency market experienced a resurgence in January, with trading increasing more than 10% compared to December. Tether’s usdt is still the currency that moves the most volume, a reality related to OTC (over-the-counter)...
Crypto Exchanges Allow Russians to Circumvent Sanctions, Report Alleges
26.2.2023
Major crypto exchanges have failed to prevent sanctioned Russian banks and traders from transacting, according to a blockchain forensics report. At least two established coin trading platforms continue to allow Russians to use their bank cards in peer-to-peer deals, the analysis shows. It also...
Kraken’s Head of OTC Options Trading: Investors Are Still Interested In Crypto, Staking
23.2.2023
Juthica Chou says there is still strong trading interest, despite the SEC’s crackdown on the exchange’s staking-as-a-service platform
FTX Bankruptcy Claims Sell for 20 Cents on the Dollar in Private OTC Markets
20.2.2023
Distressed asset funds can pick up FTX bankruptcy claims for around 20 cents on the dollar in hidden over-the-counter (OTC) markets, a person familiar with the matter told CoinDesk
Top 7 OTC Bitcoin Brokers You Can Use in 2023
12.2.2023
Are you looking to buy large volumes of bitcoin, you might consider engaging an OTC bitcoin broker to avoid moving the market by placing your orders in exchanges.
In this guide, we will explain what OTC bitcoin brokers are and list reputable bitcoin brokers you can use.
OTC (over-the-counter)...
Ordinal Inscriptions Take the NFT World by Storm: Over 50,000 Added to the Bitcoin Blockchain in 2023
11.2.2023
As of Friday, Feb. 10, 2023, the Bitcoin blockchain had seen the addition of more than 50,000 Ordinal inscriptions as the trend has continued to increase daily. People are inscribing text, images, videos, audio, and software applications onto the blockchain, with some inscriptions fetching high...
FTX and Alameda Research Collapse Sad Event but ‘Good for the Long Run’ Says DWF Labs Managing Partner
27.1.2023
While the collapse of the crypto exchange FTX and its affiliate Alameda Research is thought to have left many crypto players, including market makers, in the worst possible position, according to Andrei Grachev, managing partner at DWF Labs, this incident may have helped to “flush...
A Dive Into 0xd62, a Genesis OTC Wallet That’s Moving Money
23.1.2023
It just saw one of the biggest movements of ETH ever, just as its corporate sibling filed for bankruptcy. Its big transfers tend to coincide with big events at the company
Bradesco, One of Brazil’s Largest Banks, Launches Tokenized Credit Notes in Blockchain Pilot
16.1.2023
Bradesco, one of the largest banks in Brazil and the third biggest in all of Latam, has entered the cryptocurrency world by issuing its first tokenized credit notes. The operation, carried out in partnership with Bolsa OTC, tokenized almost $2 million in bank credit notes, which were also...
Crypto OTC trading to get traction due to FTX fiasco, exec says
27.12.2022
The FTX crash could trigger a bigger demand for crypto OTC services as investors are looking for alternative crypto exchange methods amid weak trust in CEXs
FTX Attempts to Freeze Robinhood Shares as Creditors Swarm to Scoop $450M in HOOD Stock
23.12.2022
Court filings show that debtors from FTX Trading Ltd. and Alameda Research want 56 million shares of Robinhood stock frozen after multiple creditors are seeking access to the funds, and also Sam Bankman-Fried (SBF). Court Filing Wants to ‘Enforce an Automatic Stay’ Against Claims Over...
Opposition press links Russian lawmaker to local crypto OTC
21.12.2022
Russia’s crypto OTC platform Bankoff has reportedly not only helped officials avoid sanctions but has also generated some gains
News Summary: FINRA Launches Crypto Comms Probe, Genesis Block Stops OTC Trading, Thodex Founder to Be Extradited to Turkey
18.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: News Summary: FINRA Launches Crypto Comms Probe, Genesis Block Stops OTC Trading, Thodex Founder to Be Extradited to Turkey
Hostaged FTX Funds Firesaled for Pennies on the Dollar in OTC Trades
9.11.2022
Insolvent crypto exchange FTX halted crypto withdrawals on Tuesday, leading panicked customers to offload their bags amongst themselves at steep discounts
Central Bank Gold Buys This Year Reach an All-Time Quarterly High in Q3, 400 Tons Purchased Is the ‘Most on Record’
2.11.2022
According to the World Gold Council’s (WGC) latest quarterly report, worldwide gold demand, excluding over-the-counter (OTC) markets, was 28% higher year-over-year. While demand jumped higher than last year in the third quarter, central bank gold buying tapped an all-time quarterly record...
California Launches Crackdown on 11 Crypto Firms Accused of Operating Ponzi Schemes
28.9.2022
The California Department of Financial Protection and Innovation (DFPI) has cracked down on 11 cryptocurrency companies that are accused of violating California securities laws. Nine of the firms reportedly solicited funds from investors in order to trade cryptocurrencies on the customer’s...
Crypto Market Maker Wintermute Hacked for $160M, OTC Services Unaffected
20.9.2022
Cryptocurrency market maker and liquidity provider Wintermute has lost $160 million in a hack relating to its DeFi business, according to a tweet from the company's founder and CEO
New OTC Service by Moonxbt Makes It More Convenient to Exchange Crypto
14.9.2022
MoonXBT has taken its OTC services a step ahead by announcing to bring in a new OTC service with OTC 365. It will allow traders in Vietnam to exchange Vietnamese Dong (VND) for a cryptocurrency conveniently. The move has been announced with an ambition to cultivate the Vietnamese market deeply....
Bitcoiner sentenced to federal prison warns users involved in OTC trading
5.9.2022
"I'm just a regular Bitcoiner caught in the crosshairs," claimed Mark Alexander Hopkins, also known as Rizzn, prior to serving his prison sentence