UK sharpens focus on crypto regulation in latest anti-money laundering report

The UK Financial Conduct Authority (FCA)’s recent anti-money laundering and counter-terrorist funding (AML/CTF) efforts have focused heavily on crypto. The UK Treasury said in a May 1 report that the FCA considers crypto firms — like retail and wholesale banks and wealth management firms — to be “particularly vulnerable” to financial crime and at the […] The post UK sharpens focus on crypto regulation in latest anti-money laundering report appeared first on CryptoSlate. дальше »

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Tether reports record $4.52 billion profit in Q1 despite shrinking market share

Stablecoin issuer Tether (USDT) achieved a historic net profit of $4. 52 billion in the first quarter despite facing a significant drop in market share. Record net profit According to the attestation report shared with CryptoSlate, the firm’s substantial profits chiefly originated from its US Treasury holdings, supplemented by gains from its Bitcoin and gold investments. дальше »

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Tether Sees $4.5 Billion Profit in Q1: Report

Tether's profitability in spotlight following $4.5 billion Q1 profit hit дальше »

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UK Treasury warns of money laundering risks via cryptocurrency

The UK Treasury presented a report on the department's work over the past two years, highlighting the risks associated with crypto. дальше »

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April 2024 Report - BTCFi dominance, Ethereum's fall, and May forecast

Runes on Bitcoin's blockchain can save traders from massive losses in the coming months. Staking on the Ethereum blockchain is on the rise, raising concerns about its future as "money." AheaThe post April 2024 Report - BTCFi dominance, Ethereum's fall, and May forecast appeared first on AMBCrypto. дальше »

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A16z buys $90m of Optimism’s OP token in private deal

Sources report that Andreessen Horowitz has invested nearly $90 million in Optimism's OP token, affirming its commitment to the Ethereum layer 2 solution. дальше »

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Bitcoin Could Drop Further to as Low as $50K, Standard Chartered Says

The cryptocurrency is now trading below the average spot ETF purchase price of about $58K, and this could trigger liquidations, the report said. дальше »

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Crypto Was One of the Biggest Money Laundering Risks in 2022-2023: UK Govt. Report

Between 2022 and 2023 Crypto alongside retail banking, wholesale banking and wealth management posed the greatest risk of being exploited for money laundering, a report by the U.K. Treasury department showed. дальше »

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Chinese police capture StarkNet airdrop identity forger: Report

The suspect has claimed over 40,000 STRK tokens that belonged to victims before converting them to over 90,000 USDT.

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Nigerian Central Bank halts fintech new accounts to curb crypto trading

The Nigerian Central Bank has requested four fintech companies to pause creating new accounts in a bid to block crypto traders from accessing them. As per a report from Nigerian news outlet Techcabal, the Central Bank of Nigeria (CBN) has directed four key players in… дальше »

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Binance founder Changpeng ‘CZ’ Zhao sentenced to 4 months in prison

Former Binance CEO Changpeng Zhao has been sentenced to four months in prison, according to a report from Bloomberg on April 30. Zhao said during sentencing: “I failed here … I deeply regret my failure, and I am sorry. дальше »

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MicroStrategy’s Michael Saylor Rakes In $400M From Bitcoin Investments, Report Reveals

Michael Saylor, co-founder and executive chairman of business intelligence company MicroStrategy, went on a Bitcoin (BTC) buying spree in 2020 that has since paid off in a major way.  Saylor Turns $1 Salary Into $400 Million According to a Fortune Magazine report, Saylor has reportedly pocketed an estimated $400 million from pre-planned daily sales of […] дальше »

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What is tokenization? How it works and how to invest in it

Discover how tokenization impacts the traditional financial ecosystem by digitizing assets. According to a report by digital asset management firm 21.co, tokenization’s market could swell to as much as $10 trillion by the end of the decade, driven by the… дальше »

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Apple poaches Google AI staff, creates ‘secretive’ laboratory: Report

Apple has reportedly been luring experts from Google in its efforts to catch up with Big Tech companies in the race to develop and deploy high-level AI models. дальше »

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Michael Saylor's MicroStrategy Reveals Bitcoin Wins and Losses

MicroStrategy's latest financial report sheds light on its Bitcoin journey, revealing both successes and setbacks дальше »

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MicroStrategy boosts Bitcoin holdings to 214,400 BTC with $7.8m purchase

MicroStrategy’s Bitcoin holdings increased by 122 BTC in April, according to the company’s latest quarterly report. MicroStrategy, the largest Bitcoin holder among public companies, keeps buying more BTC, as its latest quarterly report indicates the company injected another $7.8 million,… дальше »

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MicroStrategy continues stacking Bitcoin with $1.65 billion purchase during Q1

MicroStrategy’s first quarter earnings report showed the firm bought roughly 25,250 BTC for $1. 65 billion at an average price of $65,232 per BTC during the first three months of the year. With its latest purchases, MicroStrategy now holds 214,400 BTC in total — equating to roughly 1% of the total Bitcoin supply. дальше »

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Hong Kong’s Bitcoin and Ethereum ETFs Poised to Outshine US Counterparts on Launch Day

In an exclusive report, Wu Blockchain has revealed that the issuer of the upcoming Hong Kong Bitcoin and Ethereum spot ETFs expects them to launch with a bang tomorrow. The anticipated issuance scale of these ETFs is projected to reach $200 million to $300 million on their first day of trading. дальше »

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SEC has regarded Ethereum as security for at least a year: report

SEC began investigtions into Ethereum as a security in March 2023. The regulator sent subpoenas and a Wells Notice to Consensys, a Ethereum development firm. The US Securities and Exchange Commission (SEC) has reportedly viewed Ethereum as an unregistered security for at least a year, FOX Business reported on Monday. дальше »

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“Bitcoin signals a potentially advantageous buying opportunity,” highlights Bitfinex report

Bitfinex analysis of Bitcoin's price action, funding rates, and MVRV ratio, points out a potential market opportunity for investors. The post “Bitcoin signals a potentially advantageous buying opportunity,” highlights Bitfinex report appeared first on Crypto Briefing. дальше »

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Grayscale’s outflows slow as investor interest in altcoins like Solana, Polkadot rises

Inflows into the Newborn Nine ETFs fell by more than 50% during the past week to $126 million from $254 million, according to CoinShares weekly report. Per the report, these reduced inflows contributed to the third consecutive week’s outflow of $435 million—the largest outflow since March—that major crypto-related investment products recorded during the week. дальше »

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Bitcoin ETF Slowdown Is a Short-Term Pause Not the Beginning of a Negative Trend: Bernstein

Investment platforms will take some time to establish the necessary compliance framework to sell bitcoin ETF products, the report said. дальше »

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Australia’s top exchange may approve spot Bitcoin ETFs this year: Report

Australia’s spot Bitcoin ETFs could see $3 billion to $4 billion of inflows within the first three years, according to Monochrome CEO Jeff Yew. дальше »

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Miners could shift to AI after Bitcoin halving; Expert believes Borroe Finance ($ROE) could be positioned for next wave of growth

TLDR: CoinShares stated in a report that Bitcoin miners Could gravitate towards the AI sector to bolster revenue after BTC halving. Borroe Finance ($ROE) is an AI-funding marketplace for Web3 participants to trade future earnings. дальше »

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Forbes Unveils 20 Crypto ‘Zombies,’ Declares Ripple And XRP Among The Undead

In a controversial report, Forbes unveiled a list of 20 “crypto billion-dollar zombies,” Layer 1 (L1) tokens, which the news outlet defines as crypto assets with substantial valuations but “limited utility beyond speculative trading. дальше »

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Largest SHIB Holder Ever Revealed – Hold Tight

Recent report reveals who holds largest amount of SHIB meme cryptocurrencies дальше »

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Canada Bets Big On Crypto: 40% Of Institutions Now Invest

Institutional investors in Canada are showing a strong appetite for cryptocurrencies, with a new survey revealing a significant surge in adoption rates. The report, conducted by KPMG in Canada and the Canadian Association of Alternative Assets and Strategies (CAASA), paints a picture of a booming crypto market fueled by investor confidence and a supportive regulatory […] дальше »

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Scammers leverage malicious ETH RPC nodes to target imToken wallet

A new scam is targeting users via physical transactions involving USDT, exploiting a modified remote procedure call (RPC) function on Ethereum nodes. As per a report by security firm Slowmist on April 26, the scam is designed to deceive unsuspecting… дальше »

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Ex-Head of China's Digital Yuan Effort Facing Government Probe: Report

Yao Qian is reportedly being investigated for "violations of discipline and law." дальше »

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85% of Altcoins Are in Historic Buy Zone: Report

With over 85% of altcoins in a buy zone according to MVRV ratios, investors have a historic opportunity to consider portfolio diversification. The post 85% of Altcoins Are in Historic Buy Zone: Report appeared first on BeInCrypto. дальше »

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Is Bitcoin’s Rally Over? Leverage Drops As Halving Highs Fade: Report

Recent trends in the crypto market have indicated a notable shift in trader behavior, particularly among those investing in Bitcoin. Using data from CryptoQuant, Bloomberg has revealed that the Bitcoin funding rate—the cost for traders to open long positions in Bitcoin’s perpetual futures—has turned negative for the first time since October 2023. дальше »

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Bitcoin Dips to $63K as Rate Cut Hopes Dim Following Disappointing U.S. Inflation Report

Increasing concerns about sticky inflation hit risk assets across all markets including cryptos. дальше »

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Morgan Stanley brokers could soon pitch Bitcoin ETFs to clients, insiders say

Banking giant Morgan Stanley could soon allow its 15,000 brokers to pitch Bitcoin exchange-traded funds (ETF) to their customers. According to an AdvisorHub report citing executive sources, the bank has only offered these options on an unsolicited basis, meaning that… дальше »

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39% of Institutional Investors in Canada Hold Crypto: Report

Canada's institutional investors are increasingly embracing cryptocurrencies, with 39% now exposed to digital assets, up from 31% in 2021. A KPMG and CAASA survey indicates growing adoption amid regulatory progress and financial recovery. дальше »

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Crypto exposure in Canada jumps as nearly 39% of institutional investors had crypto assets in 2023: KPMG report

A recent survey by KPMG in Canada and the Canadian Association of Alternative Assets and Strategies (CAASA) shows a notable increase in the adoption of cryptoasset products and services by financial organizations and institutional investors in Canada. дальше »

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Morgan Stanley Assembles 15,000 Brokers Army to Promote Bitcoin ETFs

The latest report reveals that Morgan Stanley enables advisors to proactively recommend Bitcoin ETFs to clients. The post Morgan Stanley Assembles 15,000 Brokers Army to Promote Bitcoin ETFs appeared first on BeInCrypto. дальше »

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Morgan Stanley May Soon Allow Brokers to Pitch Bitcoin ETFs to Customers: Report

The move may bring fresh energy and capital into the spot ETFs. дальше »

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FTX Co-Founder Sam Bankman-Fried’s Civil Liability Released In Settlement With Investors

According to a recent Bloomberg report, a group of investors and customers of cryptocurrency exchange FTX have agreed to drop their claims against co-founder Sam Bankman-Fried.   In exchange, Bankman-Fried has agreed to cooperate with the plaintiffs in the ongoing lawsuits against other defendants related to the collapse of FTX. дальше »

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Bitwise CIO Unveils 5 Major Forecasts For Bitcoin 2028 Halving, Anticipates A 280% Price Surge

Bitwise Chief Information Officer (CIO) Matt Hougan recently shared five interesting predictions for the next Halving of the Bitcoin (BTC) network, scheduled for 2028. In a comprehensive report, Hougan sheds light on the potential transformations for the world’s leading cryptocurrency. дальше »

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S&P: Stablecoin bill could improve U.S. participation, challenge Tether dominance

According to an S&P report, a bipartisan stablecoin bill may give banks an advantage over other institutions and incentivize competition in the digital asset custody business. дальше »

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Tether's Stablecoin Dominance May Wane Following Proposed U.S. Rules: S&P

The new regulations could offer banks a competitive edge by limiting institutions without a banking license to a maximum stablecoin issuance of $10 billion, the report said. дальше »

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North Korean Lazarus hacker group using LinkedIn to target and steal assets: Report

Lazarus group first surfaced in 2009, and since then, it has primarily targeted crypto firms, stealing billions of dollars worth of assets. дальше »

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Nigeria Intensifies Crypto Clampdown: Top Exchanges Under Scrutiny

The Central Bank of Nigeria (CBN) is intensifying its scrutiny of major cryptocurrency platforms, instructing financial institutions to monitor and report activities involving Bybit, KuCoin, OKX, and Binance. дальше »

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Tesla didn’t sell Bitcoin holdings despite plunge in Q1 earnings

The largest electric vehicle (EV) manufacturer, Tesla, released its financial report for Q1 2024 with no signs of selling any of its Bitcoin (BTC) holdings while its total revenue plunged. According to the report, Tesla’s total revenue declined by 15.3%… дальше »

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Regulatory Drama: Why Crypto.com Postponed Its Big Move Into Korea Days Before Launch

Crypto.com, a global crypto exchange, recently postponed its much-anticipated retail market expansion in South Korea, originally scheduled for April 29. This strategic decision came just six days before the planned launch, and according to the report, this delay is due to the company’s need for more comprehensive engagement with local regulatory bodies. Related Reading: South Korean […] дальше »

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Hedge Funds Fall For The Memecoin Frenzy: “Mind-Boggling” Returns Tempt Financial Giants

In a recent Bloomberg report, it has come to light that the hedge fund industry is increasingly drawn to the allure of the memecoin sector, given the recent price increases and substantial profits that surpass those of Bitcoin (BTC) or the largest altcoins in the market. дальше »

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Crypto donations in the US hit $2 billion after top charities accept digital contributions

Leading US nonprofits are increasingly accepting crypto donations, marking a significant shift in charitable giving trends, according to a BanklessTimes report. Two out of the three top US-based charities have accumulated over $2 billion in donations since the start of the year after they began accepting crypto funds. дальше »

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Retail Users Are Ignoring Ether and Bitcoin to Prioritize Solana — Report

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Venezuela turns to crypto for oil trades under renewed US sanctions: Reuters

Venezuela's PDVSA shifts to crypto, using USDT for oil trades as a sanction evasion strategy, according to a new report. The post Venezuela turns to crypto for oil trades under renewed US sanctions: Reuters appeared first on Crypto Briefing. дальше »

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Mt. Gox’s $9 Billion Bitcoin Payout to Creditors Might Be Nearing Reality: Report

Defunct crypto exchange Mt. Gox holds about 137,892 Bitcoin valued at $9.2 billion дальше »

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