2022-7-20 13:44 |
The CEO of Thai crypto exchange Zipmex denied rumors of financial trouble just moments before the group announced it would pause withdrawals on the platform.
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Per a report from The Wall Street Journal, proprietary crypto trading firm Three Arrows Capital (3AC) has confirmed the rumors about its insolvency. The firm has hired a legal and financial team of advisors to “work out a solution for its investors and lenders”, as stated by 3AC co-founder Kyle Davies. Related Reading | Is Elon […]
2022-6-18 17:25 | |
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"Our front office teams [...] think and act like risk managers to ensure that we are not exposed in any significant way to market swings," said Celsius chief financial officer Rod Bolger.
2022-5-12 19:44 | |
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Rumors concerning the U. S. Treasury cracking down on several financial institutions over money laundering has been spreading like wildfire on social media and forums. There’s been no formal announcement from the U.
2021-4-18 19:00 | |
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The Financial Crimes Enforcement Network (FinCEN), a top policy enforcement arm of the Treasury Department, has been rumored to be in the process of developing crypto regulations for a while. These rumors have now been given new life as the regulator recently posted two job listings for crypto advisers.
2020-12-18 20:08 | |
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Mark Mobius, the founding partner of Mobius Capital Partners, is still bearish on bitcoin. Speaking with Financial News today, Mobius basically compared investing in bitcoin to a casino operation. He posited that the cryptocurrency’s upsurge is a “casino operation based on all sorts of rumors and speculation”.
2020-11-29 00:26 | |
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Bitcoin and cryptocurrencies are once again a hot topic, being discussed across the broader financial space the most since Facebook’s Libra cryptocurrency was first announced. On the heels of the recent resurgence in the crypto market, rumors suggest that Facebook could be ready to launch Libra as early as January 2021.
2020-11-27 18:00 | |
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Crypto exchange Binance said in an official announcement that the media reports claiming it’s buying bankrupt Liechtenstein-based Union Bank AG aren’t true. This is what Wei Zhou, Binance CFO, had to say about the news: “The reports that Binance is investing into Liechtenstein Union Bank or has applied with the Financial Market Authority to become […]
2019-12-7 22:08 | |
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Yichuan Rural Commercial Bank, a lender operating in the central Henan province, has become the latest Chinese bank to be bailed out by the government this year. The small financial institution, which has around 30 branches only in the Yichuan county, experienced a bank run sparked by rumors that its top management was in trouble […] The post Another Chinese Lender Bailed Out After Bank Run appeared first on Bitcoin News.
2019-11-3 10:35 | |
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Cryptocurrency asset manager Grayscale Investments removed a piece of false information from its official website after the intervention of an economist. The New York firm had wrongfully maligned fiat currencies, writing that their average lifespan is 27 years.
2019-9-20 16:00 | |
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Rumors regarding various countries looking to create their own Bitcoin competitor have persisted for some time now. Until this week, there was no indication any major country would go through with those plans.
2019-8-13 04:00 | |
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Tron CEO Justin Sun has finally emerged to deny allegations that he is on the lam and not, as he said yesterday, suffering from kidney stones. Do Chinese Cops Want You or Not, Justin Sun? Caixin, a Chinese financial publication, earlier reported that a government panel had reviewed Sun’s business activities – between his […] The post Tron CEO Justin Sun Surfaces, DENIES ‘Completely Untrue’ Rumors appeared first on CCN Markets
2019-7-24 20:52 | |
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While financial chiefs around the world gathered to discuss the "serious difficulties" Facebook's Libra cryptocurrency may cause, the summit was also swirling with rumors that Japan was leading the development of a government-backed international crypto payments system meant to help tackle money laundering issues.
2019-7-18 18:58 | |
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Before Facebook launched its Libra project, several rumors predicting the social media giant’s move were doing the rounds. At that time, Caitlin Long, Co-founder of the Wyoming Blockchain Coalition, had laid out six predictions.
2019-6-22 18:00 | |
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Coinspeaker Zilliqa Big Debut Is Tomorrow: Is It Linked to Facebook?There are 3 vertical markets Zilliqa wants to tackle: gaming, entertainment and financial services. While the company aims to become a competitor to the likes of Visa or Mastercard, there’re rumors over its links to Facebook.
2019-6-17 12:27 | |
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Coinspeaker Zilliqa Big Debut Is Tomorrow: Denying Being Linked to FacebookThere are 3 vertical markets Zilliqa wants to tackle: gaming, entertainment and financial services. While the company aims to become a competitor to the likes of Visa or Mastercard, there’re rumors over its links to Facebook.
2019-6-17 12:27 | |
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If Bitcoin (BTC) is the largest crypto in the market, Tether (USDT) is certainly the king of stablecoins. While these two tokens can be considered opposites since one of them is pegged to the U. S.
2019-6-13 04:36 | |
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Cryptocurrencies like bitcoin are Ponzi scheme and deserve to be banned to protect investors, at least according to Anurag Agarwal. The joint secretary for India’s Ministry of Corporate Affairs accused bitcoin of simplifying financial frauds in the Indian markets.
2019-5-4 14:00 | |
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Rumors of an initial exchange offering (IEO) worth $1 billion are persisting, suggesting Bitfinex may try to plug the $850 million financial hole by all means.
2019-5-2 16:49 | |
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By CCN. com: Ethereum development studio ConsenSys is struggling financially and is now trying to raise $200 million from outside investors to stay afloat. The fundraising drive comes just four months after the Brooklyn-based blockchain startup laid off 13% of its workforce.
2019-4-16 15:35 | |
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If you have been following the crypto space closely for the past year, you ould have noticed several rumors of Goldman Sachs launching their own crypto trading desk. Goldman Sachs was far from the only major financial company that has announced support for bitcoin.
2019-4-12 18:50 | |
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Goldman Sachs is not opening an institutional crypto trading desk, despite rampant rumors suggesting otherwise. That’s what Goldman Sachs CEO David Solomon told the House Financial Services Committee this week.
2019-4-13 14:45 | |
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According to the latest court documents in the ongoing QuadrigaCX case, the exchange sent roughly $470,000 CAD (approximately $355, 000 USD) worth of bitcoin from a hot wallet to a cold-storage wallet on February 6, 2019.
2019-2-13 03:56 | |
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Ethereum Denies VDF Rumors It had been reported that Ethereum has to make the transition to a proof-of-stake system and was to invest $15 million in the development of Verifiable Delay Functions (VDFs) which would aid this transition.
2019-2-8 22:04 | |
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Another country that faces a financial crisis due to the US sanctions issues its own national cryptocurrency. A group of Iranian banks presented a PayMon pegged to gold. Islamic revolution in digital Four Iranian banks (Bank Mellat, Bank Melli Iran, Bank Pasargad, and Parsian Bank) presented PayMon cryptocurrency, each coin of which is backed to gold reserves.
2019-2-8 17:22 | |
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Launch of Ethereum Futures Still ‘Up In The Air’ In mid-December, as CBOE’s and CME’s Bitcoin (BTC) futures offering turned one-year-old, rumors began to mount regarding a similar vehicle for Ethereum (ETH).
2019-1-17 09:00 | |
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Japanese FSA Doesn’t Want To Add Bitcoin ETFs, Despite Recent Rumors Japan’s Financial Services Agency (FSA) has been in the media frequently lately for the newest regulations and modifications they’ve established that impact cryptocurrency.
2019-1-10 01:51 | |
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CBOE’s Bitcoin Foray Turns One As noted by Tom Hearden, a senior trader at Skylands Capital, subsequently relayed through MarketWatch, one year and one day ago, the Chicago Board Options Exchange (CBOE Global Markets) made history, becoming one of the first financial institutions to launch a fully-fledged Bitcoin (BTC) product.
2018-12-13 04:32 | |
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Fresh rumors over the financial health of Bitcoin mining giant Bitmain cast a shadow over the company again this week, suggesting it faces losses close to $1 billion. Bitmain’s Worst Quarter? Originally reported by the Twitter account known as BTCKING555 December 3, the author of which almost exclusively tweets about Bitmain, unreleased quarterly earnings data for Q3 2018 allegedly reveals $740 million losses.
2018-12-5 13:00 | |
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After the U. S. government forced Swift to cut ties with more than 70 banks in Iran, Brad Garlinghouse, the CEO of Ripple Labs Inc. , said that his company was gaining new customers because financial firms are seeking technology that is better, faster, and more stable than the Swift banking network, Bloomberg reported on November 13, 2018.
2018-11-15 00:00 | |
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The Society for Worldwide Interbank Financial Telecommunication, SWIFT, which has been a giant global payment network for years, denies that it had any plans of collaborating with Ripple or integrate with the fintech company by utilizing any of its financial tools.
2018-11-7 14:10 | |
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New Ripple And Amazon Crypto Rumors Kick Up Digital Dust with XRP For Retail Payments Usage Ripple continues to grow in the virtual currency market. The process of becoming bigger and better continues every single week.
2018-11-6 03:23 | |
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Tether Limited, the company developing the USDT stablecoin, has announced a new banking partnership. In a statement published November 1, 2018, the company confirmed long-standing rumors that Deltec Bank & Trust Limited would be the next financial institution to hold its cash reserves.
2018-11-3 22:00 | |
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Smart Valor has announced that it will become the first company to offer a stablecoin backed by the Swiss Franc. The project will be run in partnership with financial institutions. Smart Valor is a marketplace for tokenized digital assets and security tokens that is licensed and regulated by Swiss authorities. The rumors are true – […]
2018-10-31 07:41 | |
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Popular cryptocurrency exchange Coinbase has raised a fresh $300 million in a Series E financing round, bringing the company valuation to $8 billion. Coinbase plans to use the funding to "accelerate the adoption of cryptocurrencies," as it plans to remain the "entry-point into crypto" for millions of investors, according to a published blog post.
2018-10-31 20:51 | |
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A strong round of buys hit the market this weekend as unsubstantiated rumors began to circle surrounding Tether and Bitfinex’s potential insolvency. I won’t be going into the details surrounding the allegations because, like I said, they are nothing more than unsubstantiated rumors.
2018-10-17 01:03 | |
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Tether May Be Holding Reserves At Bahamas-based Deltec Bank Just last week BitcoinExchangeGuide had reported that Deltec Financial & Trust Services is reportedly being used by Bitfinex and Tether.
2018-10-16 19:29 | |
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Top-three cryptocurrency exchange Bitfinex is pushing back against claims that call its solvency into question. The Hong Kong-based company released a blog post on October 7, 2017, that states, contrary to recent rumors, it is not insolvent.
2018-10-9 00:43 | |
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In what may be a sign that business in the cryptocurrency space is in a winding down phase, U. K. -based bitcoin exchange Coinfloor is bidding adieu to half of its staff.
2018-10-9 00:14 | |
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Cryptocurrency exchange Bitfinex denied what it called “rumors” and “allegations” about its alleged insolvency on October 7, revealing cold wallet balances in an attempt to prove its financial stability.
2018-10-8 20:00 | |
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Hitting back at recent media reports, cryptocurrency exchange Bitfinex has ensured users of its good financial standing.
2018-10-8 11:34 | |
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Bitfinex, one of the largest cryptocurrency trading platforms, allegedly entered into a partnership agreement with the British bank HSBC, while the market discusses rumors about the alarming financial state of Tether, affiliated with Bitfinex.
2018-10-8 21:06 | |
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Bitcoin (BTC), Cryptocurrency–Despite reports surrounding a potential cryptocurrency trading desk by Wall Street goliath Goldman Sachs–and its subsequent closure–the company has since come out to debunk any such reports.
2018-9-7 06:12 | |
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Update (September 7): Goldman Sach’s CFO Martin Chavez has since called reports of dropping the bitcoin trading desk “fake news. ” (The original Business Insider report quoted unnamed sources as the basis of the information.
2018-9-8 21:57 | |
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Goldman Sachs is struggling to find a way to trade bitcoin. The financial services giant has scratched its plans to open a desk for trading cryptocurrencies, at least for the near term, according to a Business Insider report on September 5, 2018.
2018-9-6 21:57 | |
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Investment bank Goldman Sachs is ditching its plans to open a cryptocurrency trading desk, reports detail. It was only early last month when rumors circulated that the legacy financial institution was even doubling down on their digital asset fever.
2018-9-6 19:05 | |
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Over the past few weeks, a Ripple leader has been hinting that Ripple’s three major services will be consolidated into a single service. The Ripple network and the XRP token serve as a bridge between foreign currencies, and Ripple has aimed to form partnerships with various financial institutions.
2018-8-23 17:30 | |
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Japanese telecom giant SoftBank has denied media reports of its involvement in a pre-IPO funding round of bitcoin mining rig manufacturer Bitmain. Last week, several media outlets had reported that SoftBank and Chinese internet giant Tencent were leading a pre-IPO funding round for Bitmain.
2018-8-21 18:03 | |
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It is an old sports legend that Lincoln Financial Field in Philadelphia has secrets in its basement. The rumors range from a jail cell for unruly fans to a secret tunnel to whisk away team out in times of danger, due to unruly fans.
2018-8-2 01:21 | |
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Blockchain consortium R3 will not become bankrupt, but, on the contrary, will continue to demonstrate profit growth, wrote R3 CEO in a blog post.
2018-6-20 17:49 | |
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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Central bank digital currencies (CBDCs) may not be essential to achieving intended policy goals, instead addressing underlying constraints and improving other digital payment systems may be a more practical alternative, a survey of 19 central banks in the Middle East and Central Asia (ME&CA) region by the International Monetary Fund's (IMF) has said.
The notice came more than a month after over a thousand users reported losses from the JPEX crypto exchange.
Asian and European stocks registered a bullish surge on Tuesday owing to the Fed’s hawkish outlook on interest rates.
Kapital Bank and Ravnaq Bank got approval from the National Agency for Perspective Projects to participate in the digital sandbox of crypto regulation.
Major stablecoin issuers Tether and Circle are focusing on markets outside the United States, where adoption is growing.
Kuwait’s Capital Markets Authority has officially confirmed the commitment to “absolute prohibition” of virtually all crypto operations in the country.
Speaking with Cointelegraph at the Collision conference in Toronto, crypto veteran Yat Siu outlined how crypto firms can cope with unique environments, stressing that it is not “as bad as it sounds.”