-
US, South Korea Team Up On Cryptocurrency Investigations Following Terra Collapse
Wednesday, July 6, 2022 - 11:34am | 326On a recent visit to New York, South Korea’s Justice Minister Han Dong-hoon convened with U.S. officials to discuss ways to better investigate financial crimes — especially those related to cryptocurrencies. According to a South Korean news agency, both nations agreed to share data on...
-
Coinbase Says Two-Thirds of Crypto Price Decline Due To Macro Factors
Wednesday, July 6, 2022 - 10:12am | 525The correlation between stock and crypto-asset prices has risen significantly since 2020 and the digital assets today share similar risk profiles to oil commodity prices and technology stocks, according to Cesare Fracassi, Chief Economist at Coinbase Global Inc (NASDAQ: COIN). The market...
-
83% Active Indian Traders Unhappy With 1% TDS: Here's How Many Sold Over 50% Of Their Portfolio
Tuesday, July 5, 2022 - 3:36pm | 497About 83% of traders believe that the government’s decision to levy 1% Tax Deducted at Source (TDS) on transactions involving digital assets has deterred their trading frequency, according to a survey. Also, around 24% of respondents are contemplating shifting their trading activities to...
-
Singapore Considering Additional Safeguards On Cryptos: 'Not Suitable For The Retail Public'
Tuesday, July 5, 2022 - 2:47pm | 371The Monetary Authority of Singapore (MAS) is considering the introduction of additional consumer protection safeguards on cryptocurrencies, the country’s Minister in charge of MAS Tharman Shanmugaratnam said. Shanmugaratnam, responding to a written query from Murali Pillai, a Member of...
-
Hackers Attack British Army's Twitter, YouTube And Facebook Accounts
Monday, July 4, 2022 - 1:41pm | 455Crypto scammers briefly hacked the official Twitter, YouTube and Facebook accounts of the British army to promote certain non-fungible token (NFT) collections and phishing scams. The press office of the Ministry of Defence confirmd Monday that it was aware of the breach and that an investigation...
-
Crebaco CEO: 'More Pain To Come' As Trading Volumes In India Take A Hit
Monday, July 4, 2022 - 1:07pm | 595Trading volumes on major exchanges have taken a massive hit this week. On July 3, trading volumes on WazirX were down about 83%, compared to June 30 Volumes on CoinDCX, ZebPay and Bitbns were down 70%, 76%, and over 18% respectively, according to research services provider Crebaco. On Monday,...
-
EU Finalizes Crypto Transfer Rules To Fight Fraud, Hopes Other Jurisdictions Step Up
Thursday, June 30, 2022 - 10:27am | 351The European Union has finalized rules for transfers of cryptocurrency assets such as Bitcoin and electronic money tokens to ensure digital currencies can be traced like traditional cash. The legislation is part of the new EU anti-money laundering package and will be aligned with the Markets in...
-
OpenSea Confirms Data Breach, Warns Users Of 'Malicious Actors' And Phishing Attempts
Thursday, June 30, 2022 - 10:01am | 311NFT marketplace OpenSea has suffered a data breach. “If you have shared your email with OpenSea in the past, you should assume you were impacted," the company said in a prepared statement. "We are working with Customer.io in their ongoing investigation, and we have reported this...
-
Amid Crypto Gloom, Data Provider Kaiko Raises $53 Million
Tuesday, June 28, 2022 - 12:43pm | 300Amid bearish market sentiments, crypto data provider Kaiko announced on Tuesday it has raised $53 million in a Series B funding round to further consolidate its position globally and strengthen its institutional data products and infrastructure. The round was led by Eight Roads, with...
-
Ethereum Co-Founder Vitalik Buterin Says He's No Longer A Billionaire
Saturday, May 21, 2022 - 8:15am | 403Vitalik Buterin, the co-founder of the Ethereum (CRYPTO: ETH) blockchain, recently said on a Twitter post that he is no longer a billionaire. Last year, 28-year-old Buterin became the world’s youngest crypto billionaire, as Ethereum had a market capitalization of $376 billion...
-
Mozilla Now Accepting Donations In Dogecoin, Users Threaten To Quit Using Firefox In Response
Sunday, January 2, 2022 - 9:16am | 542The organization behind the fourth most popular desktop browsers in the world has begun accepting cryptocurrency donations, including Dogecoin (CRYPTO: DOGE) The Mozilla Foundation, a non-profit organization that oversees the Mozilla Corporation, which coordinates and integrates the...
-
Shiba Inu Layer-2 Scaling Solution To Be Launched Soon: Developer
Sunday, December 19, 2021 - 3:13pm | 442Cryptocurrency Shiba Inu (CRYPTO: SHIB), known as the Dogecoin (CRYPTO: DOGE) killer, has been undergoing continued development over the last few months, even as the crypto's price has been dropping. Shibarium is a layer-2 solution first proposed by Ryoshi, the creator of Shiba Inu...
-
Majority Of U.S. Crypto Investors Support Democrats: Report
Sunday, December 19, 2021 - 12:51pm | 266According to a recent survey from venture capital giant Andreessen Horowitz, the majority of U.S. crypto investors who are registered voters support Democrats. Among the group of crypto owners, 61% said they voted for President Joe Biden, the Democratic candidate in the 2020 election. Only...
-
MicroStrategy CEO And Bitcoin Bull Michael Saylor Says Company Could Generate Huge Income From Its Bitcoin Holdings
Saturday, December 18, 2021 - 3:53pm | 357MicroStrategy (NASDAQ: MSTR) CEO Michael Saylor says that the company could produce revenue from its huge Bitcoin (CRYPTO: BTC) holdings. What Happened: Saylor said the company has close to 122,478 Bitcoins, and it could lend some of it to a counterparty to generate income. He also...
-
Bitcoin Spikes Below $43K, Michaël van de Poppe Says Bitcoin Price Can Now Stabilize
Saturday, December 4, 2021 - 6:15pm | 382On Saturday, the price of Bitcoin (CRYPTO: BTC) spiked below $43,000, marking the biggest single-day drop since May, when it went down below $33,000. Bitcoin's prices have been down 13.64 percent in the last seven days, and the coin's dominance in the crypto market is 40.51...