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Navigating The Crypto Storm: Wintermute Accused Of Running A Sinking Ship
Wintermute, a cryptocurrency trading firm, made headlines in September 2022 when it suffered a massive $160 million hack. However, the company continued to operate following a hack that would likely destroy some firms. дальше »
2022-12-22 20:00 | |
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Canada’s western province, BC, will block new cryptocurrency miners
British Columbia, Canada, will deny electricity to new crypto mining firms, according to a press release published by the provincial government on December 21. The post Canada’s western province, BC, will block new cryptocurrency miners appeared first on CryptoSlate. дальше »
2022-12-22 06:00 | |
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FTX-Linked Crypto Firms Are Getting Pushback From Insurers
FTX imploded back in November and there have been a number of developments since then. The effect of the crypto exchange’s collapse is still being felt by both users and companies in the space, and the most recent development shows that the contagion is far from over. дальше »
2022-12-20 02:00 | |
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Voyager token jumps 29% as Binance.US agrees to buy Voyager’s assets
Binance. US, an arm of the global cryptocurrency exchange Binance, has agreed to buy the assets if Voyager Digital, according to an announcement published Monday. The bid by Binance. US comes amid increased attention on crypto firms, and with Voyager under bankruptcy protection following this year’s crushing crypto winter and contagion. дальше »
2022-12-19 19:02 | |
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Crypto Fintech Bucks Trend With Global Expansion
There’s no doubt that the crypto market is going through one of its most challenging times following the recent sharp downturn. While this has resulted in many firms scaling back or worse, one crypto fintech is going from strength to strength. дальше »
2022-12-19 12:00 | |
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Big Four Accounting Firms ‘Unwilling’ to Audit Binance Despite Long History With Coinbase
Deloitte, Ernst & Young, KPMG, and PricewaterhouseCoopers are reportedly turning down chances to audit Binance despite a long history with Coinbase. The post Big Four Accounting Firms ‘Unwilling’ to Audit Binance Despite Long History With Coinbase appeared first on BeInCrypto. дальше »
2022-12-19 11:15 | |
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Analyzing Mazars' role behind BNB's unprecedented decline in its value
BNB's price is down by 11% in the last 24 hours following Mazars Group’s decision to leave the crypto space. Mazars Group had been one of the big accounting firms that conducted Proof-of-ResThe post Analyzing Mazars' role behind BNB's unprecedented decline in its value appeared first on AMBCrypto. дальше »
2022-12-18 20:30 | |
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Japanese Government To Ease 30% Crypto Tax Requirement – A Good Move?
Presently Japanese crypto firms pay a set 30% corporate tax rate on their holdings, regardless of whether or not they made a profit. Due to this stringent tax law over the past years, some local crypto firms reportedly chose to move their business elsewhere. дальше »
2022-12-17 23:26 | |
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BNB slides as Binance’s auditor stops working with crypto firms
Mazars, a consultancy service provider behind Binance’s PoR, stopped working with crypto clients. BNB reacted with a drop of almost 7%. At press time, Binance Coin (BNB), a native token of Binance, slid 6.7% and is traded at roughly $251.… дальше »
2022-12-17 21:41 | |
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Major accounting firms are steering clear of crypto audits
The collapse of Bahamas-based FTX triggered a sense of distrust for centralized exchanges in the crypto industry. This was followed by increasing demands for transparency regarding the assets, liabiliThe post Major accounting firms are steering clear of crypto audits appeared first on AMBCrypto. дальше »
2022-12-16 18:00 | |
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Michael Novogratz: “You should not constantly wait for a trick from crypto firms due to the collapse of FTX”
Michael Novogratz, CEO of Galaxy Digital investment firm, urged the cryptocurrency community not to wait for the obligatory “black swan” when investing in crypto firms. “Black Swan” is a term describing an event that had an extremely negative impact on the shares of a company, or on the entire market at once. дальше »
2022-12-17 15:08 | |
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Incoming FCA Chair Ashley Alder says crypto firms facilitate money laundering
Ashley Alder, who is set to lead the U.K’s Financial Conduct Authority (FCA), said his administration would take a strict stance toward crypto firms. The post Incoming FCA Chair Ashley Alder says crypto firms facilitate money laundering appeared first on CryptoSlate. дальше »
2022-12-15 15:30 | |
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People want to see regulated firms that have major global accounting firms, says Circle’s CEO
Jeremy Allaire believes it is important for more crypto companies to become SEC-registered. He added that there is a need for regulated firms in the cryptocurrency space. Allaire says he stores assets on both cold storage wallets and regulated crypto platforms. дальше »
2022-12-15 11:42 | |
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Goldman Sachs Plans To Splash Millions Of Dollars Into Crypto Firms After FTX Implosion
Goldman Sachs plans to splash “tens of millions of dollars” on investments or buyouts in crypto firms after the FTX collapse hit last month and suppressed investor interest. The FTX collapse and subsequent contagion across major lending firms had elicited calls for more regulatory oversight on players, assuring big banks of the sector’s stability. In […] дальше »
2022-12-15 23:12 | |
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What the IMF Can Teach Binance About Crypto Bailouts
In the aftermath of the FTX fiasco, the world’s largest crypto exchange is rushing to backstop failing firms and protocols. Should it? дальше »
2022-12-13 17:26 | |
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Signs of Bitcoin Bottom: “Everyone Who Could Go Bankrupt Has Gone Bankrupt”
BitMEX co-founder Arthur Hayes believes the crypto market downturn could be bottoming out, based on bankrupt firms’ Bitcoin holdings. The post Signs of Bitcoin Bottom: “Everyone Who Could Go Bankrupt Has Gone Bankrupt” appeared first on BeInCrypto. дальше »
2022-12-13 17:15 | |
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Crypto Biz: Is Goldman Sachs the ultimate crypto contrarian?
Is the U.S. investment bank looking to buy up distressed crypto firms amid the bear market?
дальше »2022-12-10 21:30 | |
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US lawmakers question federal regulators on banks' ties to crypto firms
“FTX’s collapse shows that crypto may be more integrated into the banking system than regulators are aware,” said Senators Elizabeth Warren and Tina Smith. дальше »
2022-12-9 21:30 | |
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How do crypto hardware wallet firms make money?
All the companies that are involved in producing hardware crypto wallets have multiple revenue streams, either directly or indirectly. дальше »
2022-12-9 18:03 | |
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Top EU regulator points out crypto opposes regulation
European commissioner for financial services Mairead McGuinness said that some actors in the crypto space are opposing regulation — but they are only true to crypto’s cypherpunk origins. McGuinness said that while some firms approve of upcoming cryptocurrency rules, others… дальше »
2022-12-8 21:52 | |
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Microsoft Warns of Scammers Targeting Crypto Startups With ‘Weaponized’ Excel Files
The security team of Microsoft has uncovered threat actors targeting crypto startups and claims Telegram chat is being used to gain access and trust of other firms. The post Microsoft Warns of Scammers Targeting Crypto Startups With ‘Weaponized’ Excel Files appeared first on BeInCrypto. дальше »
2022-12-7 14:30 | |
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Crypto firms under probe by U.S. consumer watchdog for deceptive ads
The United States' Federal Trade Commission (FTC) is probing several crypto firms for potentially fraudulent or misleading advertising. According to FTC spokesperson Juliana Gruenwald, the agency is lThe post Crypto firms under probe by U. дальше »
2022-12-6 17:00 | |
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UK Financial Regulator Seeks Comments on Ad Approval Process for Crypto
Only companies with Financial Conduct Authority permission will be allowed to approve promotional material, and crypto firms will be hit once the Financial Services and Markets Bill becomes law. дальше »
2022-12-7 15:46 | |
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Bybit joins leading crypto companies to offload 30% of staff, CEO makes alarming revelations
As the broader fintech market continues to cut down on its staff, cryptocurrency firms have followed suit. In an announcement yesterday, the CEO of the leading cryptocurrency exchange Bybit revealed that it would slash its staff number by nearly half the existing amount. дальше »
2022-12-6 23:29 | |
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Mozilla Acquires Active Replica as It Dives Deeper into Metaverse
Coinspeaker Mozilla Acquires Active Replica as It Dives Deeper into Metaverse The acquisition of Active Replica will bring mutually beneficial growth to both firms. Mozilla Acquires Active Replica as It Dives Deeper into Metaverse дальше »
2022-12-2 15:51 | |
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US lawmakers question private firms’ role in development of a CBDC
United States lawmakers, including Tom Emmer and Patrick McHenry, wrote a joint letter to the Federal Reserve Bank of Boston regarding allegations that private firms involved in the design of the “hypothetical United States Central Bank Digital Currency (CBDC)” were gaining an unfair advantage. дальше »
2022-12-2 14:47 | |
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Crypto firms prefer to be regulated by CFTC rather than SEC
Sam Bankman-Fried, the founder the recently failed FTX, lobbied for more digital asset regulations in February. Sam sought regulatory oversight by the CFTC instead of the SEC. This move is aimed at regulating crypto usage among firms and investors while… дальше »
2022-12-2 22:34 | |
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