Cryptojacking of Financial Firms Increasing as Cases Triple Since 2021, Says Cybersecurity Firm

Financial firms have come under increasing attack from hackers who infiltrate their computer systems and use them to mine cryptocurrencies. The post Cryptojacking of Financial Firms Increasing as Cases Triple Since 2021, Says Cybersecurity Firm appeared first on BeInCrypto. дальше »

352 +

Zipmex resumes withdrawals for trade wallets

The crypto exchange said it had $48 million in exposure with Babel Finance and $5 million with Celsius — both firms faced liquidity and insolvency issues, respectively. дальше »

489 +

Taiwan Set to Ban Crypto Purchases Using Credit Cards: Report

The country's financial regulator sent a letter to the banking association asking credit card companies to stop taking on crypto firms as merchants. дальше »

238 +

What Tesla’s Big Bitcoin Sale Means for Other Firms Putting Crypto on Their Balance Sheets

Corporations are likely to remain cautious on adding bitcoin to their corporate treasuries, but not because of Tesla’s move. дальше »

451 +

Crypto Layoffs: OpenSea, Blockchain.com, Coinbase, Gemini Among Firms Forced to Make Mass Job Cuts

As a bear market sweeps the crypto industry, CoinDesk is keeping a running list of industry players that have been forced to cut back on staff. дальше »

422 +

Coinbase affirms no financial exposure to embattled crypto firms

Coinbase has said in a blog post that it is not financially exposed to…

The post Coinbase affirms no financial exposure to embattled crypto firms appeared first on CoinJournal.

338 +

Peter Brandt Predicts More Crypto Firms Will Go Bankrupt

In a tweet on Thursday, experienced trader and market analyst Peter Brandt, responding to the news of Celsius’s Bankruptcy, has revealed that he expects more crypto firms to fold. “The next of many (or should I say, the next for most)…Much blood yet to be spilled. дальше »

374 +

Stablecoin Firms Face Tough Reserve, Capital Demands in US Bill, Source Says

Companies that issue stablecoins would have to face bank-like regulations and back their tokens with conservative assets in the latest plan for U.S. legislation still being negotiated by leaders of the House Financial Services Committee, according to a source familiar with the talks. дальше »

360 +

Life after crypto biz: Retrenched staff ponder future in the job market

Workers weigh up their futures in the cryptocurrency economy as tough market conditions lead to more staff cuts at prominent firms. дальше »

222 +

SEC Chairman Warns Against Crypto Investment Risks, Here’s Why

One of the forces not to be ignored as a crypto investor is the Security and Exchange Commission, SEC. The body does everything it can to either regulate crypto or scrap the industry if possible. Unfortunately, many digital operators, including network founders, exchange firms, and even top management in the space, have had issues with […] дальше »

439 +

Schroders acquires stake in Zug-based digital assets firm Forteus

Schroders, one of Europe’s largest investment management firms with over £731. 6 billion ($990. 9 billion) in assets under management (AUM), has taken a minority stake in digital assets manager Forteus, according to details shared in a press release on Tuesday. дальше »

485 +

'Singapore-based' Crypto Firms Leading Market Meltdown Were Not Regulated, Central Bank Chief Says

Troubled "Singapore-based" crypto firms like Three Arrows Capital have little to do with local crypto regulations, said Ravi Menon, managing director of the Monetary Authority of Singapore. дальше »

295 +

Coinbase-backed Portal Announces Its Reg D Equity Offering Through Republic

Portal is excited to launch its Reg D equity offering through Republic, a multi-asset investment platform that enables anybody to participate in vetted, private firms. Republic is a cross-chain Layer-2 DEX network being built on Bitcoin. дальше »

378 +

Dubai Unveils Metaverse Strategy, Aims to Attract Over 1,000 Firms

The strategy is expected to support the creation of more than 40,000 virtual jobs by 2030. дальше »

398 +

Crypto Trading Firm TPS Capital Denied Ties to Insolvent Three Arrows. Court Documents Indicate a Connection

TPS Capital claims it's independent of Three Arrows, but legal disclosures as part of bankruptcy proceedings show a web of transactions and familiar faces between the two firms. дальше »

349 +

Private but regulated tokens could beat CBDCs, Australian central bank chief says

Cryptocurrencies issued by private companies could be better than central bank digital currencies (CBDCs) if the firms are regulated appropriately, Phillip Lowe, governor of the Australian central bank, said on July 17, according to a Reuters report. дальше »

397 +

Shiba Inu, Dogecoin Holders Can Now Enjoy Luxury Yacht Services with Their Cryptos

Several top brokerage firms now accept crypto payments to buy and charter yachts дальше »

349 +

Dogecoin Braces For Impact As Elon Musk’s $44 Billion Twitter Acquisition Deal Heads South

Less than three months since Elon Musk declared interest in purchasing Twitter and receiving backing from various crypto firms, the dream ever to hold the social media giant under his thralls is fizzling, throwing DOGE adherents into a muddle. дальше »

399 +

Vladimir Putin signs bill banning digital assets as payments into law

Russia’s Parliament is also considering two other bills related to digital assets: regulating miners’ activities, and requirements for firms handling crypto transactions. дальше »

409 +

CFTC labels 34 crypto and forex firms as unregistered foreign entities

"Customers engaged in transactions with these entities may not receive the benefit of the customer protections, safeguards, and guardrails,” said CFTC commissioner Kristin Johnson. дальше »

333 +

UK financial watchdog exec hints at importance of international collaboration on crypto regulation

“In the past, innovative firms would have been pleading for less regulation — now they understand and appreciate that rules are there to help provide certainty," said Nikhil Rathi. дальше »

381 +

Circle’s Detailed Reserve Report Shows Only Cash, Short-Term Treasurys Back USDC Stablecoin

The asset breakdown comes at a time when crypto firms and their finances are under increased scrutiny in the on-going crypto credit crisis. дальше »

463 +

Crypto Ad marketplace Bitmedia sets the pace for best leads and lowest CPM

Bitmedia, a leading Ad marketplace, has set the bar high for advertisements within the crypto space. It links crypto firms with potential users/clients via a network of publishers. Besides being a pioneer in the field of crypto advertisement, the marketplace has proven to be a reliable platform for crypto firms like coins/tokens, wallets, and crypto […] The post Crypto Ad marketplace Bitmedia sets the pace for best leads and lowest CPM appeared first on Invezz. дальше »

405 +

Regulators In California Reviewing Crypto Interest Accounts To Check All Rules Are Met

There are many reasons to be cautious with the operation of some crypto-related services and firms. Some of these companies have raised the attention of many regulatory agencies in different countries through their service. дальше »

390 +

KuCoin CEO Refutes Massive Layoff Rumors Instead Plans To Hire More Staff

It’s not surprising that lots of crypto-related services and firms are making some adjustments to weather the bearish market and KuCoin was among the listed firms that were rumored to reduce staff due to the prevailing crypto winter. дальше »

417 +

Chicago Based Brokerage Firm M1 Finance To Render Crypto Trading Services

The bear market has left a sour taste for crypto investors, and most are worrying about the current trend in the market. Many firms are also fighting to sustain operations amid issues of insolvency, liquidity shortage, and compulsory workforce downsizing. дальше »

436 +

Why Coinbase is banning slide decks and 'endless meetings'

Coinbase CEO Brian Armstrong is looking for enhanced efficiency from its internal teams, noting that rapidly growing firms often become complacent and slow. дальше »

446 +

California Is Investigating ‘Multiple’ Crypto Lending Companies

The state’s Department of Financial Protection and Innovation is looking at whether firms that have suspended customer withdrawals and transfers have violated its laws. дальше »

254 +

Experts Claim Cyber Attacks On Crypto Firms Will Rise, What’s Ahead?

Regarding cryptocurrency cybercrimes and attacks, North Korea is a notable region with increased activities. Many groups are posing high threats through their attack on some crypto protocols. Also, a report in June disclosed that North Korea has 7 million active hackers. дальше »

360 +

This Prominent Bitcoin Miner Has Refused To Give In To The Bear Market

At a time when miners are selling off their earnings due to the lingering downturn in the crypto market that has seen a lot of assets plunge by crippling margins, Marathon Digital Holdings, one of the most prominent Bitcoin mining firms, has shown signs of resilience as it refuses to sell off any of its […] дальше »

384 +

Bitcoin miner prices will continue to fall, F2Pool exec predicts

The majority of big crypto mining firms have sold their self-mined Bitcoin, while a few firms like Marathon, Hut 8 and Hive still hold on. дальше »

230 +

Are North Korean IT Remote Workers Targeting Crypto Firms? Here’s What We Know

According to the US Government, North Korean IT workers are flooding the freelance market. It’s illegal for US businesses to employ them, but, what if they have no idea they’re doing it? In this new remote work world we’re living in, it’s completely possible. дальше »

398 +

Troubled Crypto Lending Firms Investigated by Securities Regulators from Texas and Alabama

State securities regulators have started investigating the embattled crypto companies that went underwater during the recent market turmoil дальше »

339 +

US diplomats call on Japan's crypto exchanges to cut ties to Russia: Report

The FSA and Japan’s Finance Ministry previously warned crypto firms against processing transactions involving sanctioned individuals or entities, subject to fines or imprisonment. дальше »

288 +

JPMorgan Lost These Three Execs To Crypto Firms This Week Despite ‘Crypto Winter’

In what seems like a crucially planned exodus, the top executives of the investment bank have secured positions in different firms within the crypto space notwithstanding the current Crypto Winter that has taken a toll on certain entities. дальше »

411 +

Revuto’s Revulution NFTs are changing how you pay for Netflix and Spotify subscriptions

One of Croatia’s most well-known firms, Revuto, which is redefining digital subscription governance, is introducing yet another invention a year after its phenomenal success. This time, it’s a special and cutting-edge product: everlasting digital memberships to Spotify and Netflix through the Revulution NFT. дальше »

498 +

FTX CEO Says His Company Still Has A Few Billions To Save Troubled Crypto Companies

Sam Bankman-Fried has a bounty enough to go around for struggling crypto firms. The crypto billionaire has already given a lifeline to BlockFi and Voyager Digital running into millions of dollars. Bankman-Fried believes that the darkest days of the crypto winter are over. дальше »

356 +

Bankman-Fried Has a ‘Few Billion’ on Hand to Bolster Ailing Crypto Industry

Cryptocurrency billionaire Sam Bankman-Fried said that he and his company, FTX exchange, still have a “few billion” dollars on hand to help support ailing crypto firms. The post Bankman-Fried Has a ‘Few Billion’ on Hand to Bolster Ailing Crypto Industry appeared first on BeInCrypto. дальше »

345 +

SEC Still Against Spot-based Bitcoin ETFs. Is There A Light At The End Of The Tunnel?

With the approvals of futures bitcoin ETFs, firms have taken it one step further and have applied with the Securities and Exchanges Commission (SEC) for spot-based bitcoin ETFs. However, unlike their futures and short counterparts, the spot ETFs have not found favor in the eyes of the regulatory watchdog. дальше »

434 +

Three Execs Leave JPMorgan This Week to Join Crypto Firms

JPMorgan executives are leaving the mega-bank for gigs at Algorand and other crypto startups. дальше »

385 +

Voyager Digital files for Chapter 11 bankruptcy, proposes recovery plan

Voyager Digital has joined the growing list of CeFi firms hurting as a result of exposure to Three Arrows Capital and declining crypto asset prices. дальше »

354 +

How Should DeFi Be Taxed? The U.K. Government Wants to Know

Her Majestys Revenue and Customs is seeking views from investors, professionals, and firms engaged in the DeFi space. U.K. Mulls New Tax Rules for DeFi The U.K. government wants help... дальше »

447 +

Singapore eyes more regulation to protect retail investors from crypto winter fallout

The Monetary Authority of Singapore (MAS) is considering new regulations to protect retail investors after the crypto market crash led to the collapse of several crypto firms. The post Singapore eyes more regulation to protect retail investors from crypto winter fallout appeared first on CryptoSlate. дальше »

410 +

“We Have Zero Issues,” Circle’s Jeremy Allaire Says As Rumours Of USDC Collapse Surface

Jeremy Allaire, CEO of USDC issuer Circle has moved in to quell rumors of an impending USDC collapse following a crypto market deleveraging event that has seen some stablecoins lose their peg and lending firms get trapped in a liquidity crisis. дальше »

439 +

Crypto investor Sequoia Capital China reportedly raises $9 billion

Sequoia China is known for backing many crypto firms, including the troubled crypto lender Babel Finance, which halted withdrawals in mid-June. дальше »

299 +

Nexo Taking Steps to Acquire Distressed Crypto Lender Vauld

Vauld is one of several crypto lending firms facing insolvency issues due to the crypto market downturn. Nexo Looks to Acquire Vauld Nexo is making plans to acquire Vauld. In... дальше »

414 +

India: Days Into New Tax Regime, Trading Volumes Tumble Further

Exchanges in India have recorded a drop in trading volumes after the 1% tax at source (TDS) deduction was introduced for crypto assets on July 1, data firms confirmed. The post India: Days Into New Tax Regime, Trading Volumes Tumble Further appeared first on BeInCrypto. дальше »

296 +

Nifty News: NFT and Web3 gaming console to launch in 2024, Chinese firms to check ID for NFT buying and more

The console’s creators say it will be compatible with eight blockchains and have its own digital wallet, token, and marketplace, with a prototype coming in “a few months.” дальше »

505 +

Why This JPMorgan Strategist Says The Worst Of The Crypto Bear Market Is Nearing Its End

A JPMorgan strategist has predicted that the worst element of the crypto winter for crypto assets, firms, and individual investors is close to an end. дальше »

457 +

Vauld Suspends Withdrawals Citing Tough Market Conditions – Here’s Why Lending Firms Are Folding Up

Vauld becomes the latest lending platform to capitulate under dire market conditions. The firm has halted withdrawals after customers began withdrawing their funds en masse. дальше »

392 +