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Report: Well Known Crypto Firms Still Not Adhering to Basic Governance Standards
18.5.2023
Many of the most well-known crypto firms are not adhering to basic governance standards, the findings of a Bloomberg survey have shown. Only 31 out of the 60 polled firms “currently procure a full financial audit or reserve attestations from an independent auditor.” Industry...
Korean lawmakers rally towards crypto rules in May after grisly murder case: Report
18.5.2023
Crypto policy making efforts have been reignited in South Korea after a woman was murdered following a dispute over digital assets
Stablecoin Issuer Tether Reveals Plan to Allocate Profits Into Bitcoin
17.5.2023
Tether, the stablecoin enterprise, has revealed its intention to devote 15% of its profits to bitcoin. The firm’s announcement comes on the heels of Tether’s recent attestation report, which emphasized the company’s possession of bitcoin reserves worth $1.5 billion....
New survey says Bitcoin is safer than the US dollar — Watch The Market Report
17.5.2023
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses if Bitcoin is safer than the U.S. dollar, considering the impending risk of debt default
Tax Authority Slated to Become Main Crypto Regulator in Russia
17.5.2023
Russia’s tax administration is going to be tasked with overseeing the crypto industry in the country, a high-ranking government official has indicated. According to the regulatory concept that’s currently under consideration, the revenue service will also serve as an entry point for market...
Kaspersky Uncovers Counterfeit Trezor Wallets That Jeopardize Crypto Assets With Pre-Knowledge of Private Key
17.5.2023
Kaspersky, the multinational cybersecurity and anti-virus provider, made a startling revelation on May 10th. According to their report, a victim of a crypto hack had unwittingly purchased a counterfeit Trezor Model T from a “trusted seller through a popular classifieds website.”...
Report: Biden Administration ‘Crypto Tsar’ Says DOJ will Target Digital Asset Exchange Platforms
17.5.2023
According to Eun Young Choi, the head of the crypto unit at the U.S. Department of Justice (DOJ), the United States has resolved to target digital platforms because they are making it easy for criminals and money launderers. Choi said the DOJ hopes taking action against entities such as crypto...
CoinShares Report: Digital Asset Fund Outflows Reach $200 Million
16.5.2023
Crypto-backed investment funds saw net outflows for the 4th consecutive week last week, bringing the total outflows for the 4-week period to $200 million, CoinShares’ latest crypto fund flows report showed.
For last week alone, outflows from crypto-backed funds reached $53.8 million, approximately...
OpenAI preps release of open source AI model: Report
16.5.2023
The firm behind ChatGPT is seemingly under pressure from other available open-source AI models and is prepping to enter the space with one of its own
Japan leads world in losses from North Korean crypto hacking with 30% of total: Report
15.5.2023
An Elliptic report commissioned by Nikkei says Asian countries account for over 60% of losses to North Korean hacker and ransomware users; lax security played a role
US Justice Department on the hunt for DeFi hackers and thieves: Report
15.5.2023
The US Justice Department’s top crypto cop said that it was a “pretty significant issue” given the rise of North Korean “state-sponsored hackers.”
OpenAI CEO in ‘advanced talks’ for $100M Worldcoin funding: Report
15.5.2023
“Existing and new investors” will contribute to the $100 million, according to someone familiar with the situation
'Significant risk' of US Treasury running 'out of funds' soon: Report
14.5.2023
The United States Congressional Budget Office (CBO) has predicted that the U.S government's annual deficits will “nearly double over the next decade.”
BTC miner Rhodium faces lawsuit over an alleged $26M in unpaid fees: Report
14.5.2023
Crypto mining firm Riot Platforms seeks to terminate “certain hosting agreements” with Rhodium and requests exemption from any owed power credits to the counterparty
Upcoming Annapurna Game Parts Ways With Gone Home Studio Following 'Toxic' Workplace Report
12.5.2023
Almost two years after Gone Home developer Fullbright was in the news following a report alleging co-founder Steve Gaynor made the studio a toxic cesspool of bullying and harassment, the studio known as Fullbright is officially no longer developing Open Roads.Read more
Report: Tears Of The Kingdom Director Already Has Plans For The Next Zelda
12.5.2023
Six years after The Legend of Zelda: Breath of the Wild, its direct sequel, Tears of the Kingdom is finally in the hands of Switch owners. So obviously there’s no better time to start asking about the future of the series, and we’ve already gotten our first official tease for, what should we call...
NBCUniversal veteran could replace Elon Musk as Twitter CEO: Report
12.5.2023
Elon Musk announced his departure as Twitter CEO on May 11, suggesting his replacement would be a woman who would take over within roughly six weeks
Crypto VCs made $2.6B worth of deals in the first quarter of 2023
12.5.2023
Valuation trends in the report are mixed, with seed rounds up 33.3% and late-stage rounds up 209.2% compared to 2022. Meanwhile, early-stage rounds are down 16.7%
Report: French Crypto Trader Jailed for 18 Months for Buying a Ferrari With Bitcoin
12.5.2023
A French crypto trader, Thomas Clausi, is currently jailed in Morocco where he was convicted of the crime of purchasing a Ferrari using bitcoin. Clausi’s arrest and subsequent jailing came after a woman, who sold him a Ferrari for $440,000 in April 2021, filed a complaint against the crypto...
Binance.US seeking to cut Changpeng Zhao's majority stake: Report
12.5.2023
Changpeng Zhao is the crypto exchange's founder, majority owner and chair. He is also the CEO and co-founder of the global crypto exchange, Binance