Haru Invest execs grounded in South Korea amid fraud suspicions

South Korean prosecutors have barred Haru Investment executives from traveling out of the country following criminal complaints of “serial suspending withdrawals” fraud, according to a Digital Asset June 25 report. дальше »

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U.S. Has Room for a Compliant Crypto ETF to Grow Market Share as a Bitcoin On-Ramp: Bernstein

Grayscale earns around $380 million in annualized fees despite its GBTC product being inefficient, illiquid and trading at a discount, the report said. дальше »

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Report: Amazon’s $100M Investment Creates Innovative Generative AI Center

AWS Responds to Growing Cloud Infrastructure Competition with $100 Million Investment in AI Center In a bid to stay ahead of its rivals in the cloud infrastructure services market, Amazon Web Services (AWS) is allocating $100 million towards the establishment of an advanced AI center. дальше »

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Amazon to invest $100M in generative AI center: Report

AWS is building a $100 million artificial intelligence center to keep up with increasing competition in cloud infrastructure services. дальше »

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Do Kwon Assets Seized in Switzerland Following Imprisonment in Montenegro

A new report has revealed that Swiss prosecutors have seized around $26 million in digital assets from disgraced Terra founder, Do Kwon. The post Do Kwon Assets Seized in Switzerland Following Imprisonment in Montenegro appeared first on BeInCrypto. дальше »

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Changpeng Zhao Defends Binance Strength Amid Report Of Mass Outflows, Shows New Data

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Wintermute Accused Of Enabling ‘Wash Trading’ By Celsius Creditors: Report

Wintermute, a prominent crypto market maker, has found itself embroiled in a legal controversy as creditors of the bankrupt cryptocurrency lending platform, Celsius, have made serious allegations against both entities. дальше »

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Mainstream media challenge decision to protect FTX customers: Report

Legal representatives of the media outlets have reportedly argued that FTX is not entitled to a “novel and sweeping exception” just because its customers use cryptocurrency. дальше »

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Celsius creditors allege Wintermute facilitated ‘wash trading’ — Report

It was alleged that Celsius executives purportedly involved Wintermute in facilitating “wash trading” to “fraudulently” manipulate trading volumes on the Celsius platform. дальше »

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Coinbase Celebrates Supreme Court Victory: Ruling Backs Arbitration

In a recent ruling, the US Supreme Court has backed Coinbase Global Inc in a case that reinforces the ability of companies to direct customer and employee disputes into arbitration.  According to a Bloomberg report, the decision was made with a 5-4 vote, stating that lawsuits filed in federal court must be put on hold […] дальше »

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JPMorgan Enables Euro Blockchain Payments With JPM Coin – Report

American investment bank JPMorgan Chase & Co has enabled Euro-denominated payments via the JPM Coin, the native currency for their blockchain. Thus expanding the use of one of the projects known to promote the application of blockchain technology in traditional banking. дальше »

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JP Morgan starts offering euro transfers with JPM Coin payment system

JP Morgan Chase has begun to allow clients to use its blockchain-based payment system for EU payments, Bloomberg reported June 23. That report indicates that JP Morgan began to offer JPM Coin for transactions denominated in euros for the first time on June 21. дальше »

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Judge blocks Bankman-Fried’s attempt to obtain key documents in fraud prosecution: Report

The request was denied by U.S. District Judge Lewis Kaplan, who characterized it as a “fishing expedition” lacking justification. дальше »

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FTX Strikes Back: Sues Ex-Clinton Aide’s Investment Firm For $700 Million

According to a Reuters report, Bankrupt cryptocurrency exchange FTX has filed a lawsuit against K5 Global, an investment firm co-founded by Michael Kives, a former aide to Hillary Clinton. The lawsuit seeks to recover $700 million in investments allegedly made with misappropriated FTX funds. дальше »

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Sequoia partner says investing in FTX was the right move: Report

Sequoia’s Alfred Lin stood up for the firm’s $213.5 million investment in the now-bankrupt crypto exchange FTX.

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Robust crypto fundamentals pull through after May’s monthly red candle: Report

What are the current trends in VC investment in the crypto sector, and when will the bear market finally end?

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Circle was a principal beneficiary of SVB government rescue

A recent report by Bloomberg states that Circle, the issuer of the USDC stablecoin, emerged as a primary recipient of support from the government-backed rescue of Silicon Valley Bank (SVB).  дальше »

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Circle and Sequoia were among top depositors at Silicon Valley Bank: Report

According to a Bloomberg report, other major depositors included Silicon Valley Bank, SVB Financial Group, biotechnology research company Altos Labs and China-based firm Kanzhun. дальше »

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Only Bitcoin Miners With Low Power Costs and High Sustainable Energy Mix Will Survive: JPMorgan

Electricity costs played a vital role in the past year’s bear market as miners struggled to survive, the report said. дальше »

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LAC countries more open to CBDCs compared to cryptocurrency: IMF report

The IMF believes that countries in LAC see central bank digital currencies (CBDCs) as a better option to improve their payment systems compared to cryptocurrencies which are considered riskier assets дальше »

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Coinbase Report: Over 50% Of Fortune 100 Companies Have Blockchain Initiatives In Pipeline

The cryptocurrency industry in the United States seems set for continuous expansion, despite the increasing regulatory pressure in the country. According to a new report by crypto exchange Coinbase, several leading U. дальше »

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Uniswap Faces Backlash Over Business Source License Imposed On v4 Code

Uniswap, the top decentralized exchange (DEX) in the Decentralized Finance (DeFi) space, has come under fire from developers after imposing a Business Source License (BSL) on its v4 code.   According to a report by DL News, this move has restricted other developers from using the code for four years, leading to accusations that Uniswap is betraying its open-source ethos. дальше »

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Fortune 100 Firms See Crypto Products as the Future, Report Finds

Fortune 100 firms vie for dominance in a competitive financial landscape where crypto is the future, a new study suggests. The post Fortune 100 Firms See Crypto Products as the Future, Report Finds appeared first on BeInCrypto. дальше »

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Stablecoin market cap drops to lowest since September 2021: Report

The figures represent the fifteenth consecutive month of decline in the stablecoin market. USDT saw its trading volume decline by 29. 9% to $293 billion in May — the lowest since January 2020. дальше »

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South Korean Crypto Yield Firm Haru Invest Fires More Than 100 Employees: Report

Earlier this month, Haru Invest halted withdrawals and deposits. дальше »

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Bakkt research shows investors remain interested in crypto despite regulatory uncertainties

Bakkt Holdings’ research report reveals sustained interest in cryptocurrencies among market participants, emphasizing the need for regulatory clarity in driving adoption. дальше »

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How to track and report crypto transactions for tax purposes

Crypto assets are subject to tax and must be tracked and reported to the IRS. This comprehensive tax guide contains everything you need to know. дальше »

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Bitcoin (BTC) Hits New All-Time High, Here's What Happened

Flagship cryptocurrency has reached new historic peak, according to recent report дальше »

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Bitcoin hits $28,000 after BlackRock files for BTC ETF

On this week’s episode of The Market Report, Cointelegraph looks at the probable causes of recent Bitcoin price action, and its market dominance reaching 50% of the total crypto market cap. дальше »

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Andrew Tate Caught With Entire Bitcoin Supply? Media Flubs Report of Influencer’s Arrest

According to prominent news organizations, including the BBC and Sky News, Tate apparently possesses around 21 million Bitcoin, which is close to $600 billion at the current market price. This would be the approximate combined wealth of Forbes' three richest put together: Elon Musk, Bernard Arnault & family, and Larry Ellison. дальше »

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UK core inflation surges: A grim report for Bank of England

Quick Take The U. K. Consumer Price Index (CPI) for May came in at 8. 7%, year-over-year (y-o-y) – matching the previous month – but above the forecasted rate of 8. 4%. Core CPI increased to 7. дальше »

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Stablecoins, DeFi Likely to Be SEC’s Next Targets in U.S. Crypto Crackdown: Berenberg

If USD Coin is targeted by regulators, the impact on Coinbase revenue could be significant, the report said дальше »

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Lack of bipartisan support on crypto regulation could make US ‘less attractive’ to firms: Moody’s

A report from the investors’ service pointed to a political divide in language on bills concerning stablecoins and providing a comprehensive framework for digital assets. дальше »

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Global crypto revenue to hit $1.1 trillion by 2030 amid increased crypto adoption: report

The global crypto revenue is projected to reach $1. 1 trillion in the next seven years, according to a new report on the industry’s growth. In its recently published report dubbed “Thematic Intelligence: Cryptocurrencies,” GlobalData, key trends likely to impact the growth of crypto over the next few  years will be macroeconomic trends and crypto regulation. дальше »

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IMF’s Foray into CBDC: Global Digital Currency Platform In The Works

Per a Reuters report, the International Monetary Fund (IMF) is working towards the launch of a global central bank digital currency (CBDC) platform that can facilitate cross-border transactions.  Related Reading: Bitcoin Long-Term Holders Refuse To Budge As Movements Remain Low IMF Takes On CBDC Market Speaking at a conference attended by African central banks, IMF […] дальше »

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ASX report says 15% of Australian investors hold crypto

The ASX’s Australian Investor Study 2023 report has revealed that 15% of investors in the country hold crypto. дальше »

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Deutsche Bank applies for digital asset custody license in Germany

Investment bank Deutsche Bank AG has applied to provide cryptocurrency custody services in Germany, per a June 20 Bloomberg report. Deutsche Bank’s head of commercial banking unit, David Lynne, reportedly confirmed the bank’s application during a conference on Tuesday, saying: “We’re building out our digital assets and custody business. дальше »

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Bitcoin Investors May Have To Wait 8-18 Months Before New ATH: Glassnode

Glassnode has explained that Bitcoin investors might still have to wait 8 to 18 months before a new all-time high if history is anything to go by. The Current Bitcoin Transitional Period Has Gone On For 221 Days So Far In its latest weekly report, the on-chain analytics firm Glassnode has tried to estimate how […] дальше »

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McKinsey estimates generative AI could add $4.4 trillion to global economy annually

The rapid development and wide range of capabilities of generative AI will usher in a new era of productivity, transforming various business sectors, according to a recent McKinsey report. Whereas standard AI has typically focused on detecting patterns, making decisions, and data analysis, generative AI refers to programs that create content, including text, audio, code, […] The post McKinsey estimates generative AI could add $4. дальше »

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Japan’s crypto exchanges push for relaxed margin trading rules to attract new investors

Cryptocurrency exchanges in Japan have urged the authorities to loosen the regulations surrounding margin trading activities, according to a June 20 Bloomberg News report. JVCEA eyes higher leverage limits Japan Virtual and Crypto Assets Exchange Association (JVCEA), a body tasked with self-regulating the crypto industry, argued that its members want higher leverage limits for retail […] The post Japan’s crypto exchanges push for relaxed margin trading rules to attract new investors appeared first on CryptoSlate. дальше »

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Survey: banks’ users share crypto investment goals and fears

Banking system users share their experience and expectations around crypto investments in a survey taken by Choise.com among its one million users. According to the Hackernoon report, roughly 26% of banking users are ready to invest $100 per month into… дальше »

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Cardano (ADA) Being Stolen From Nami Wallet, Users Report

Unfortunately, victims are unlikely to return any funds stolen by hackers or scammers дальше »

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XRP Army Finds Ripple Link To IMF As It Announces CBDC Platform

While the International Monetary Fund (IMF) announced that it is working on a platform for digital central bank currencies (CDBCs) yesterday, the XRP army has discovered an IMF report from March 2023 in which Ripple is considered a potential problem solver. дальше »

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Tokenization Could Be a $5T Opportunity Led by Stablecoins and CBDCs: Bernstein

About 2% of global money supply, via stablecoins and CBDCs, could be tokenized over the next five years, which is about $3 trillion, the report said. дальше »

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First Mover Asia: Bitcoin 'Looks Vulnerable': Analyst

The largest crypto by market value ticked upward to $26.8K as Asia markets opened. ALSO: A Financial Times report Monday raised fresh questions about the appropriateness of crypto exchanges operating market makers. дальше »

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Crypto King Do Kwon Behind Bars: Sentenced To 4 Months In Montenegrin Jail

According to a Reuters report, Crypto entrepreneur Do Kwon, the former CEO of Terraform Labs, has been sentenced to four months in prison by a court in Montenegro for allegedly using forged passports. дальше »

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JP Morgan analysts believe Hinman documents will spur altcoins to mimic Ethereum

Wall Street giant JP Morgan Chase & Co. ’s analysts believe the release of the Hinman documents will push altcoins to try and become as decentralized as Ethereum (ETH) to avoid regulatory hurdles, according to a research report seen by CoinDesk. дальше »

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Report: Do Kwon Refutes Passport Forgery Claims, Shifts Blame To ‘Chinese’ Agency

The Terraform founder Do Kwon, facing eight count charges in the United States for the ecosystem crash, recently denied two allegations against him. Do Kwon was accused of traveling with forged documents and sending financial donations to a former Montenegro minister. дальше »

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Report: 33 straight days of net withdrawals from crypto exchanges

Key Takeaways Regulators are clamping down hard on the US crypto industry, with recent lawsuits announced against Binance and Coinbase Bitcoin’s correlation with stocks is at a 5-year low, with the latter soaring but Bitcoin’s price suppressed by concerns around future of industry in US Exchanges have seen net outflows for 33 days in a […] The post Report: 33 straight days of net withdrawals from crypto exchanges appeared first on CoinJournal. дальше »

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China allegedly offers bitcoin bounty to murder Australian CCP critic

According to an 60 Minutes Australia report, a so-called "bounty email" surfaced that purportedly offers $50,000 bounty in bitcoin (BTC) for the "termination" of Vanessa Pavlou. дальше »

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