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Coinbase, Microstrategy Shares Surge as Bitcoin Resumes Rally
4.12.2023
Image Source: Adobe Shares of public crypto companies listed in the US experienced a surge on Monday as Bitcoin (BTC) surpassed $42,000, reaching a new high for the year. Popular crypto exchange Coinbase saw a 7.3% surge before the market opened. Despite reporting a decline in third-quarter...
European Central Bank Official Warns: Crypto Entities to Face Stringent Banking Oversight
30.11.2023
Source: Adobe / nmann77 Andrea Enria, Chair of the supervisory board at the European Central Bank (ECB), has emphasized the need for rigorous regulation when crypto entities start resembling banks. In a recent interview with Germany’s Handelsblatt, Enria pointed to the challenges in supervising...
Kraken Exchange CEO Jesse Powell Slams SEC for ‘Assault on America’
22.11.2023
Jesse Powell. Source: a video screenshot, Bloomberg Technology / YouTube Jesse Powell, co-founder of crypto exchange Kraken, has called the US regulators masochists attacking America and extortionists chasing crypto companies out of the country. Powell came after the country’s regulators...
Disney Does NOT ‘Partner’ With Crypto Companies
17.11.2023
Language matters and crypto continues to play fast-and-loose with it, to its long-term detriment
Some crypto companies might be too excited for Bitcoin’s halving
16.11.2023
Bitcoin's halving is months away, and cryptocurrency companies are getting excited. Don’t be surprised if some companies fail as they rush products to market
Mediation to begin in FTX, BlockFi Case, Judge Rules
14.11.2023
In a court filing on November 13th, U.S. bankruptcy judge Michael Kaplan ended an automatic stay on proceedings between bankrupt crypto companies FTX and BlockFi, paving the way for mediation in their claims settlement. BlockFi’s forced bankruptcy FTX founder, Sam Bankman-Fried, was found...
Decade of Resilience — A Look at 10 Pioneer Crypto Companies That Are Still Standing
7.11.2023
Over 15 years have passed since Satoshi Nakamoto launched the crypto revolution with the release of the Bitcoin white paper. On the brink of January 3, 2024, the network celebrates a decade and a half of continuous activity. Though many companies folded in 2023, several of the original players...
Crypto Billionaire’s Nonprofit Acquires $500M Worth of AI Chips for Generative AI
1.11.2023
Crypto billionaire Jed McCaleb, known as a co-founder major crypto companies like Stellar, Ripple, and Mt Gox, has launched a nonprofit with a mission to empower the development of generative AI. This nonprofit, registered in the US as a 501(c)(3) organization, recently purchased 24,000 Nvidia H100...
California Enacts Digital Financial Assets Law
26.10.2023
On October 13, 2023, California enacted the Digital Financial Assets law. This law is California’s first comprehensive framework for regulation of digital asset markets, and some of its provisions may sound familiar to those versed in the state’s money transmitter licensing requirements. Under this...
Gemini, Genesis, DCG Face $1B Fraud Lawsuit by NY Attorney General; Gemini Says It’s the ‘Victim’ in Scandal
19.10.2023
New York Attorney General Letitia James filed a lawsuit against crypto companies Gemini Trust Company, Genesis Global Capital, and its parent company Digital Currency Group (DCG) for allegedly defrauding over 230,000 investors out of more than $1 billion. The lawsuit claims the companies lied about...
Estonia-Licensed Crypto Firms Blamed for €1 Billion in Damages
10.10.2023
Bad actors exploited Estonia’s once liberal licensing regime for crypto companies to defraud investors and commit other crimes, an investigative report claims. The authors say they discovered dozens of such cases, including scams and schemes for sanctions evasion and money laundering. Since Tallinn...
Dutch Crypto Companies Score Legal Win in Fight Against $2.3M Supervision Bill
5.10.2023
The Dutch central bank shouldn’t have made Binance successor Coinmerce and others pay for their money laundering registration, a Rotterdam court said
Did You Know About These Crypto Airdrops in October?
1.10.2023
As markets continue to move sideways, crypto companies are trying to increase user engagement through airdrops. Among them are some well-known names in the space as well as new projects searching for their place. They all seek to arouse interest in digital money and their own products with...
Leading Crypto Companies Band Together to Advocate for Regulatory Clarity in Texas
12.9.2023
In an effort to promote regulatory clarity in the cryptocurrency industry, several prominent crypto and blockchain companies have joined forces to establish the Crypto Freedom Alliance of Texas.
The alliance, comprised of a16z crypto, Coinbase, Ledger, Bain Capital Crypto, Blockchain Capital,...
Crypto companies form Texas blockchain group to advocate for clear regulations
12.9.2023
a16z crypto, Coinbase, Ledger, Bain Capital Crypto, Blockchain Capital, and Paradigm joined to advocate for clear regulations
North Korea Hackers Continue to Target Crypto Platforms: UN Report
13.8.2023
Hackers working for North Korea have continued to attack companies in the crypto space this year, according to independent sanctions monitors. Their findings, which reveal that Pyongyang proceeds with the development of its nuclear and weapons programs, will be included in a U.N. report which is...
French Regulator Revises Crypto Rules to Align With EU’s MiCA Law
13.8.2023
France’s financial market regulator said it’s adjusting the rules for crypto companies in line with Europe’s new regulatory framework. The changes, which will enter into force next year, seek to enhance registration requirements for businesses offering certain services for digital assets like...
Explore El Salvador: Gofaizen & Sherle Launches New Crypto License Service
1.8.2023
PRESS RELEASE. Tallinn, July 31 – Gofaizen and Sherle, the leading Estonian crypto and fintech consultancy, proudly announces the launch of its latest product in El Salvador. The innovative service offers crypto companies and startup owners worldwide a comprehensive and streamlined solution...
HSBC-Owned Hang Seng Bank Limits Crypto Companies to ‘Simple’ Accounts: Report
31.7.2023
The report comes as Hong Kong’s Monetary Authority (HKMA) reminds banks that there is no ban on offering crypto companies accounts
Crypto companies raise $44M for Web3 & Blockchain scalers
31.7.2023
Some crypto companies, put together, have managed to raise for themselves the amount of $44 million in funding. However, Hi seems to have beaten them all by managing to acquire funding from Animoca Brands to the tune of $30 million. In the case of Hi, it is known to have an entire array of products...