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Stablecoin settlements were on par with payments giant Visa during 2022
Stablecoins are making significant waves in the payments sphere, primarily as a vehicle for non-speculative transactions, according to a new report by European hedge fund Brevan Howard. In 2022, the stablecoin market settled an eye-watering value of over $11 trillion, drawing parallels to payments giant Visa’s annual figure of $11. дальше »
2023-8-28 21:49 | |
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Crypto World On Edge: Biden’s Tax Regulation Draws Sharp Criticism
United States President Joe Biden’s proposed cryptocurrency tax regulations are causing concern among many. These regulations would require brokers (individuals facilitating buying and selling) to report digital currency transactions to the government, aligning with existing practices for other monetary transactions. дальше »
2023-8-28 16:45 | |
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JPMorgan forecasts limited downside for crypto markets: Report
JPMorgan’s analysts consider Bitcoin’s declining open interest a sign that the current price trend may weaken.
дальше »2023-8-27 23:08 | |
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JPMorgan Shares Prediction On Bitcoin’s Next Move: What You Need To Know
In the latest research report, financial giant JPMorgan Chase & Co. has recently shared its belief in Bitcoin and the crypto market. Bloomberg reported, citing data from the financial services firm, that the current downtrend phase in the crypto market might just be nearing its conclusion. дальше »
2023-8-26 22:34 | |
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HashKey To Initiate Bitcoin And Ethereum Retail Trading In Hong Kong: What’s Next?
HashKey, a prominent Asian cryptocurrency exchange, will soon be offering its retail customers the option to trade in two of the most dominant digital currencies: Bitcoin and Ethereum, according to a report. дальше »
2023-8-26 22:30 | |
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Crypto Exchanges Under IRS Radar: New Treasury Proposal Demands Detailed Transaction Reports
The US Treasury Department has recently published a proposed rule requiring cryptocurrency brokers, including exchanges and payment processors, to report user information regarding sales and exchanges of digital assets to the Internal Revenue Service (IRS). дальше »
2023-8-26 21:03 | |
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US Government Releases New Proposals for Crypto Taxes
New proposed rules require crypto exchanges and brokers to report digital asset transactions and cost basis to the IRS starting in 2026. The post US Government Releases New Proposals for Crypto Taxes appeared first on BeInCrypto. дальше »
2023-8-26 19:36 | |
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US DEA loses over $50k USDT to scammer in botched transaction: Forbes
The U. S. Drug Enforcement Agency (DEA) unknowingly sent over $50,000 in Tether’s USDT to a crypto scammer, according to an Aug. 24 Forbes report. The scammer tricked the DEA into sending 55,000 USDT to their wallet instead of the U. дальше »
2023-8-25 13:30 | |
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New Report Shows The Best Way To Invest In Bitcoin No Matter The Price
Over the years, different modes of investments have emerged for digital assets such as Bitcoin in a bid to get the most returns. Mostly, investors have tried to ‘buy the bottom and sell the top’. However, Bitcoin’s performance has proven that there is no way to accurately predict the bottom and catch the top of […] дальше »
2023-8-25 08:00 | |
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Crypto Debacle: DEA’s $50,000 Seizure Ends Up In Scammer’s Hands
According to a recent report by Forbes, the US Drug Enforcement Agency (DEA) has inadvertently transferred $50,000 worth of seized cryptocurrency to a hacker, who has amassed hundreds of thousands in Ethereum (ETH) within a few months. дальше »
2023-8-25 04:00 | |
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Vessel Capital secures $55M to invest in Web3 infrastructure: Report
The venture firm has introduced its crypto fund for Web3 infrastructure and applications, promising a collaborative approach with startup founders. дальше »
2023-8-25 22:16 | |
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Binance accused of hiding names of sanctioned Russian banks behind color codes
Binance reportedly renamed sanctioned Russian banks on its peer-to-peer (P2P) platform to allow them to continue operations, local media RBC-Crypto reported on Aug. 23. According to the report, Binance renamed the bank cards for Sber and Tinkoff to “green” and “yellow” local cards on its payment options for P2P trading. дальше »
2023-8-25 20:30 | |
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Paxos Report: Is Blockchain The Next Step For Global Remittances?
The age of digital currencies and blockchain technology is upon us, with an increasing number of institutions advocating for their widespread adoption. At the forefront of this conversation is Paxos Trust Company, the New York-based stablecoin titan. дальше »
2023-8-24 12:30 | |
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Reserve Bank of Australia issues report on CBDC use cases
On August 23, the Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC) unveiled their findings in a report detailing the implications of a central bank digital currency (CBDC). дальше »
2023-8-24 03:40 | |
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NVIDIA reports record $13B revenue in Q2 2023 as AI tech industry booms
NVIDIA reported record revenue in its latest earnings report on Aug. 23. The chip giant revealed that it brought in a record-breaking $13. 51 billion in revenue in Q2 2023, up 101% from one year ago and up 88% from last quarter. дальше »
2023-8-24 01:20 | |
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Crypto Heayweight Accused Of $290 Million Scam Among Other Charges
Crypto Israeli investor and prominent businessman Moshe Hogeg is set to face charges for his alleged involvement in a $290 million scam, according to a report by Bloomberg on Wednesday. Over the last two years, Hogeg has been investigated by the Israeli Police for allegedly duping thousands of investors through several proposed crypto businesses. Related […] дальше »
2023-8-24 01:00 | |
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GenZ’s Crypto Rebellion: South Korean Youth Chooses XRP Over Bitcoin And Ethereum
South Korea, known for its tech-savvy populace and a strong inclination towards crypto investments, has thrown a new trend into the spotlight concerning XRP. A recent report from the South Korean news outlet News1 Korea indicates that the nation’s Generation Z (GenZ) displays a marked preference for altcoins, most notably XRP, over the more established […] дальше »
2023-8-24 00:00 | |
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Australia’s central bank releases report highlighting CBDC use cases
The Australian Central Bank and the Digital Finance Cooperative Research Centre have released a report on the use cases for CBDCs in the country дальше »
2023-8-24 22:51 | |
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Traders Turn Attention to Altcoins As Bitcoin Hype Normalizes: Santiment Report
No matter their expertise, traders are not immune to emotional reactions. Significant market fluctuations can often lead to impulsive decisions and assumptions about future market trends. In this sector, which is now 15 years old, market sentiment continues to play a crucial role. дальше »
2023-8-23 20:30 | |
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BNB valuation curious as trouble mounts for Binance
The native token of the Binance ecosystem, BNB, is trading at a one-year low. The token is down 30% over the last month as it careens from one crisis to the next. It has come under further pressure this week amid a report published in the Wall Street Journal over claims it is violating Russian […] The post BNB valuation curious as trouble mounts for Binance appeared first on Invezz. дальше »
2023-8-24 17:09 | |
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Gen Z in South Korea prefers XRP and other altcoins to BTC and ETH: Report
A report from a local South Korean publication found that 20% of Gen Z investors in the country hold XRP, the most selected cryptocurrency. дальше »
2023-8-23 16:28 | |
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Atomic Wallet faces lawsuit over $100M crypto hack losses: Report
Plaintiffs in a new class-action suit against the hacked crypto wallet Atomic Wallet say the firm didn’t share any information about the hack with clients and didn’t report it to the police. дальше »
2023-8-23 13:30 | |
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State Bank Of Pakistan Calls Ripple and XRP ‘Encouraging Work’
In a surprising revelation from the State Bank of Pakistan (SBP) in their 2022 financial stability report, the institution acknowledged the nascent, albeit “promising work” of Ripple and XRP, in the global payment ecosystem. дальше »
2023-8-23 11:55 | |
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State Bank of Pakistan (SBP) mentions XRP in its latest financial report
The State Bank of Pakistan has highlighted Ripple’s XRP in its latest yearly financial report. The financial institution mentioned the altcoin, recognizing its utility in cross-border monetary transactions. дальше »
2023-8-24 11:36 | |
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South Korean City Announces Plan To Seize Crypto Assets Of Local Tax Evaders
The government of Cheongju City, located in the central region of South Korea, is looking to confiscate virtual assets such as Bitcoin from tax evaders. According to a local media report on August 22, the city authorities sought cooperation from seven crypto exchanges, including Upbit and Bithumb, to punish these delinquents. These exchanges have been […] дальше »
2023-8-23 01:00 | |
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Sam Bankman-Fried pleads not guilty as lawyers complain about neglected vegan diet, prescription medications
FTX founder and former CEO Sam Bankman-Fried has once again pleaded not guilty to criminal charges brought against him in connection with the collapse of the exchange. That report indicates that Bankman-Fried appeared in court for the first time since his bail was revoked in early August, as lawyers raised complaints about his holding conditions […] The post Sam Bankman-Fried pleads not guilty as lawyers complain about neglected vegan diet, prescription medications appeared first on CryptoSlate. дальше »
2023-8-23 23:00 | |
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Balancer alerts users to V2 Pools threat, affected LPs asked to withdraw funds
Balancer Labs has announced that a number of V2 Pools are vulnerable to an exploit after it received a report to that effect. The team at the decentralized finance (DeFi) protocol disclosed the said vulnerability on Tuesday, adding that emergency measures had been undertaken to secure a majority of user funds. дальше »
2023-8-23 21:56 | |
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Binance allegedly maintains ties with blacklisted Russian banks despite Western sanctions: WSJ
According to an Aug. 22 Wall Street Journal report, Binance continues to process transactions for at least five Russian lenders blacklisted by Western powers Per the report, Russian customers are able to conduct peer-to-peer trading on Binance, using any of the five Russian lenders, including Tinkoff Bank and Rosbank, to settle payments. дальше »
2023-8-23 21:30 | |
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BREAKING: FTX’s Sam Bankman-Fried Pleads “Not Guilty” In Latest Hearing
According to a report from Reuters, Sam Bankman-Fried, former CEO and co-founder of the now-bankrupt FTX exchange, has pleaded not guilty to a recent charge accusing him of fraud and conspiracy. This action was taken in the first court appearance of Bankman-Fried since a US court revoked his bail in early August. In a hearing […] дальше »
2023-8-22 18:34 | |
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Oman launches $350M crypto mining center: Report
The mining facility comes as part of a plan to accelerate the digitalization of Oman’s economy, which is mainly dependent on oil exports. дальше »
2023-8-22 11:11 | |
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SEC’s Bitcoin ETF Decision Delay Sparks Significant Outflows
The SEC's delay in deciding on a Bitcoin ETF approval has prompted a significant Bitcoin sell-off, with outflows totaling $42m, according to a Coinshares report. The post SEC’s Bitcoin ETF Decision Delay Sparks Significant Outflows appeared first on BeInCrypto. дальше »
2023-8-22 02:46 | |
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FDIC Issues Warning Over Increased and Complex Crypto-Related Risks
The Federal Deposit Insurance Corporation (FDIC) has issued a fresh warning to financial institutions about the increased and complex risks associated with crypto-related activities. In its 2023 risk review report released Monday, the agency said that crypto-assets “pose novel and complex risks to the U. дальше »
2023-8-22 22:42 | |
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Crypto Market Cap To $145 Trillion: Wall Street Analyst Says XRP Is The Coin To Hold
The global crypto market already boasts an impressive market cap of over $1 trillion. However, a report from Northern Trust in collaboration with HSBC, says that this figure could still rise exponentially, and a Wall Street analyst has suggested that XRP is the coin to buy to take advantage of this growth. Digital Assets To […] дальше »
2023-8-22 20:00 | |
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ETF delay disappointment triggers $55M outflow from digital assets – reports
Digital asset investment products experienced a significant outflow of funds this week, totaling $55 million, according to the weekly report by CoinShares. Analysts, including James Butterfill, believe the market’s reaction is due to the disappointment from recent media reports indicating a delay by the US Securities & Exchange Commission in approving a US spot-based ETF. дальше »
2023-8-21 16:08 | |
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