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'Crypto Is Dead In America': Is Tech Guru Chamath Palihapitiya Overreacting, Or Is The End Near?
Monday, April 24, 2023 - 5:57pm | 392Cryptocurrencies are facing tough times in the U.S. due to regulators' aggressive approach to the industry, according to tech investor Chamath Palihapitiya in an interview for the All-In podcast. "Crypto is dead in America," stated the tech guru, who cited as a key...
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Bermuda Welcomes Coinbase With License To Initiate Operations: What It Means For Largest US-Based Exchange
Thursday, April 20, 2023 - 11:55am | 422Cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN) has obtained a license to operate in Bermuda, signaling its plan to increase international business. The license from the Bermuda Monetary Authority allows Coinbase to launch an offshore derivatives exchange in Bermuda as soon as...
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FTX Founder Bankman-Fried Sparks Outrage Over Request To Tap $10M Insurance Funds
Thursday, March 30, 2023 - 11:04am | 404It's "unfair" and "inequitable" for former FTX CEO Sam Bankman-Fried to use the cryptocurrency company's $10 million insurance policy to pay his legal bills, lawyers say. Bankman-Fried, who is under investigation, has requested a court order that would allow him to...
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How Much Does It Cost To Visit Twitter HQ? Elon Musk's Answer Causes Dogecoin Value To Spike
Thursday, March 23, 2023 - 10:04am | 384Tech billionaire and Dogecoin (CRYPTO: DOGE) advocate Elon Musk made a joke about a fee for visiting Twitter headquarters, which he suggested should be paid in DOGE. Responding to a user who expressed interest in visiting the social media company's head office, Musk quipped that it would "...
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Unstoppable Crypto Heists? 41 DeFi Platforms Fall Victim To Deadly Art Of Oracle Manipulation
Friday, March 10, 2023 - 12:48pm | 417DeFi protocols lost $386.2 million in 41 separate oracle manipulation attacks in 2022, according to a recent research report. These attacks occur when bad actors manipulate the price oracles that DeFi protocols use to ensure assets on their platforms are priced in accordance with the wider...
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Coinbase Suspends BUSD Trading After Stablecoin Fails To Meet Listing Requirements
Monday, February 27, 2023 - 2:25pm | 277Cryptocurrency exchange Coinbase (NASDAQ: COIN) on Monday announced that it will suspend trading of stablecoin Binance USD (CRYPTO: BUSD) on March 13 this year, due to non-compliance with the platform's listing requirements. The decision was made following a recent review of assets listed on...
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Retail Investors Lost Half Of Bitcoin Investment: Why The Globe Should Coordinate Regulation
Tuesday, February 21, 2023 - 1:29pm | 588Major cryptocurrency debacles of 2022 caused a surge in retail crypto trading. However, large investors sold their assets at the expense of smaller investors who were attempting to diversify their assets during moments of crisis, according to new data from the Bank for International...
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Morgan Stanley: Stablecoins Vital To Crypto Trading, Will Compete With Traditional Banks
Tuesday, February 14, 2023 - 12:19pm | 365Morgan Stanley (NYSE: MS) researchers say stablecoin products can potentially compete with traditional banking systems, and its falling market capitalization indicates a reduction in cryptocurrency liquidity and leverage, Coindesk reported. Stablecoins are a type of cryptocurrency whose value is...
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Uniswap Foundation Suggests Modifying Governance, Voting Procedures Of Crypto DEX
Friday, December 9, 2022 - 3:26pm | 264Decentralized cryptocurrency trading platform Uniswap is putting to vote a number of governance modifications it says will simplify voting in the so-called "decentralized autonomous organization." According to Devin Walsh, executive director of the Uniswap Foundation, members of the...
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Struggling Cryptocurrency Lender Genesis Owes Debtors $1.8B
Monday, December 5, 2022 - 11:26am | 267Genesis owes at least $1.8 billion to its creditors, according to multiple media reports. The troubled crypto trading and lending company owes users of Gemini's Earn program $900 million and another $900 million to a group of assorted debtors represented by law firm Proskauer Rose. Another ad...
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Blockchain.com Needs Cash As Valuation Plunges 70%: Will VCs Back The Struggling Startup?
Friday, October 28, 2022 - 2:51pm | 605Cryptocurrency exchange Blockchain.com is in the midst of a down-round fundraising campaign, which may result in a valuation reduction of more than 70%. According to a Bloomberg report, the company plans to raise money at a fraction of the $14 billion valuation it earned earlier this year....
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This City Wants To Make A Crypto Comeback, But Will Beijing Quash The Effort?
Thursday, October 27, 2022 - 11:12am | 539Hong Kong wants to establish itself as a center for cryptocurrencies and is implementing new regulations that would make trading in digital assets by retailers legal in the city. The initiative, which is set to begin in March 2023, would require crypto platforms to obtain licenses, according to a...
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Want To Trade Bitcoin, Ethereum And Dogecoin? You Might Have To Take A Test To Trade In This Country
Wednesday, October 26, 2022 - 12:43pm | 643Singapore may soon require retail investors to pass an assessment and refrain from using leverage or credit while trading in cryptocurrencies. This was proposed as part of a series of strict measures from the Monetary Authority of Singapore (MAS) to raise citizens' awareness of the...
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Mastercard Teams Up With Paxos To Launch Crypto Trading For Banks
Monday, October 17, 2022 - 11:10am | 456Mastercard Inc (NYSE: MA) on Monday announced a program to enable financial institutions to bring secure crypto trading capabilities and services to their customers, in partnership with blockchain infrastructure platform Paxos. Per the agreement, on behalf of the banks, Paxos will offer crypto-...
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The RazReport Podcast: The Future Of Crypto Trading with Jakub Rehor, Co-Founder and CIO of Lucy Labs
Friday, May 27, 2022 - 2:13pm | 7625In this edition of the RazReport we have Jakub Rehor Co-Founder and CIO of Lucy Labs. Jason Raznick:Welcome to the RazReport Podcast Jakub, lets start with basics, where did you grow up? Jakub Rehor: I grew up in Czechoslovakia, so it was in the 1970s and 1980s. So it was still a...