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Nalezeno "Q4 report": 5551

TrueUSD Stablecoin Has $26k of Funds at ‘U.S. Depository Halting Withdrawals,’ Reserve Report Says

27.6.2023
The stablecoin issuer said last week that it had “no exposure” to the failed crypto custodian Prime Trust

Over $204M was lost in Q2 DeFi hacks and scams: Report

27.6.2023
More than $208.5 million was lost initially, but approximately $4.5 million was recovered, making the total amount of unrecovered funds over $204 million

Bitcoin Briefly Pushes Above $31K After Fidelity Spot ETF Report

27.6.2023
Fidelity previously applied for a spot bitcoin ETF in 2021, but the effort was rejected by the SEC

Web3 firms are spending up to $25M on HK crypto licenses: Report

27.6.2023
VASP expenditures are varying between 20 million to 200 million Hong Kong dollars as firms scramble to find Web3 talent for licensing

The Second FTX Asset Recovery Report Is Packed With Bombshells

27.6.2023
New claims put FTX and Alameda Research founder Sam Bankman-Fried and his friends even closer to the center of a brazen conspiracy

Report: Swiss Authorities Seize $26 Million in Cryptocurrency Linked to Terraform Labs and Do Kwon

27.6.2023
Law enforcement officials in Switzerland reportedly seized approximately $26 million in bitcoin and other cryptocurrencies, believed to be linked to Terraform Labs and its co-founder, Do Kwon. Local media in South Korea revealed that the funds were confiscated from Sygnum, a crypto bank based...

Bitcoin, Ethereum Technical Analysis: BTC Rebounds Ahead of US Consumer Confidence Report

27.6.2023
After a three-day losing streak, bitcoin rebounded on Tuesday, ahead of the upcoming consumer confidence report in the United States. Price briefly fell below the $30,000 level earlier in the session, however bullish momentum has since returned. Ethereum rose above $1,900 for a short period....

FTX splurged on cartoon, book about humans and 'Pineapple House,' alleges CEO

27.6.2023
Thousands in grants were given out by former FTX executives for niche projects, according to a report by FTX restructuring chief John Ray

Yuan Usage Soars in Argentina: Over 500 Companies Request to Pay for Imports in Chinese Currency, Report

27.6.2023
Over 500 companies in Argentina have reportedly requested to pay for imports using Chinese yuan as the U.S. dollar shortage worsens. “The central bank doesn’t have dollars so it needs the emergency aid China is offering,” a trade economist in Buenos Aires explained. Chinese Yuan Usage Hits Record...

Robinhood to axe 7% of full-time staff in latest round of layoffs: Report

27.6.2023
Roughly 150 full-time employees are being laid off, according to internal company messages

Swiss central bank announces plans for wholesale CBDC pilot with ‘real money’: Report

26.6.2023
Thomas Jordan, head of the Swiss National Bank, announced the project at a conference in Zurich; bank still feels “prudent” about a retail CBDC, though

United States Plunges in Economic Freedom Rankings, Study Reveals

26.6.2023
American television presenter and author, John Stossel, released a video on June 20, 2023, where he delved into the findings of a recent study on global economic freedom. Conducted by the Heritage Foundation and unveiled in late February, the research unveils a stark reality: the United States...

Report: Cuban Peso Parallel Market Rate Plunges to Low Last Seen in Oct. 2022

26.6.2023
The parallel market exchange rate of the Cuban peso versus the greenback recently dropped to CUP200 per dollar, a level last seen in Oct. 2022, a report has said. Pavel Vidal, a former economist at the Cuban central bank, said the peso’s depreciation has caused the “impoverishment...

How to use DeFi the right way — This latest guide can help

26.6.2023
This latest report is a guide to help the next generation of cryptocurrency users and veterans alike in the ways of decentralized finance

HSBC rolls out cryptocurrency services in Hong Kong: Report

26.6.2023
Three crypto ETFs listed on the Hong Kong Exchange are now reportedly available for trading at Hong Kong’s largest bank

Crypto Companies in Japan Get Tax Relief Under Revised Rules

26.6.2023
The tax administration of Japan has provided an exemption to companies issuing cryptocurrencies under a revision of the corporate tax rules. A local crypto media report described the move as a step toward improving the business environment for the digital asset sector in the country. Japan...

Report: Dozens of Chinese Nationals Arrested in Libya for Operating Illegal Crypto Mining Farm

26.6.2023
Around 50 Chinese nationals have reportedly been apprehended by Libyan authorities following allegations of running a cryptocurrency mining facility within the city of Zliten, local reports detail. Cryptocurrency mining is strictly prohibited by law in Libya. Libyan law enforcement officials have...