Cryptocurrencies News
- Mohadesa Najumi
In a new report that raises grave concerns about the global economy, the IMF sheds light on crypto market turbulence
- Sujha Sundararajan
Kraken faced a similar lawsuit in 2019. A former employee accused the company of generating revenue from accounts based in sanctioned countries.
- Martin Young
U.S. crypto exchange giant FTX has been in talks to buy South Korean crypto exchange Bithumb as its acquisition spree continues.
- Bob Mason
It has been a choppy session for the crypto market, with Microsoft and Walmart adding to the market volatility ahead of today’s Fed policy decision.
- Reuters
(Reuters) – Cryptocurrency exchange Kraken is under federal investigation for potential violation of U.S. sanctions by allowing users in Iran and elsewhere to buy and sell digital tokens, the New York Times reported, citing five people with knowledge of the matter.
- Bob Mason
The crypto regulatory landscape is an evolving one. While cryptos remain intertwined with the equity markets, regulators could ease financial stability risk.
- Reuters
By Tom Wilson, Medha Singh and Lisa Pauline Mattackal
- Reuters
(Reuters) – Coinbase Global Inc is facing a U.S. Securities and Exchange Commission (SEC) probe into whether it improperly let Americans trade digital assets that should have been registered as securities, Bloomberg News reported on Monday.
- Mohadesa Najumi
The popular food chain is offering customers a chance to win $200,000 worth of BTC, ETH, AVAX, SOL and DOGE
- Mohadesa Najumi
Blockchain unicorn Aptos Labs scores $150 million in its second megaround since March
- Sujha Sundararajan
The probe predates last week’s SEC investigation into insider trading charges that sued Coinbase’s former manager and two others.
- Martin Young
Financial institutions and investment banks are showing little fear of the crypto bear market with Moelis becoming the latest to foray into the emerging sector.
- Reuters
BANGKOK (Reuters) – Thailand’s Securities and Exchange Commission said on Monday it was working with law enforcement to look into potential losses among the public after the crypto exchange Zipmex temporarily suspended withdrawals last week.
- Reuters
(Reuters) – Bankrupt crypto lender Voyager Digital said a recent joint proposal from FTX and Alameda Ventures was a “low-ball bid dressed up as a white knight rescue” and alleged the plan would disrupt its bankruptcy process.
- Reuters
(Reuters) – Tesla Inc received a subpoena from the Securities and Exchange Commission on June 13 related to Chief Executive Elon Musk’s tweets on taking the company private in 2018, the electric automaker disclosed on Monday in a regulatory filing.
- Mohadesa Najumi
A joint proposal that would allow Voyager customers to open a new account on FTX has been slammed by lawyers
- Mohadesa Najumi
Barclays has concluded long-standing talks with investors on a round for crypto custody firm Copper
- Sujha Sundararajan
e-CNY, the digitized version of fiat currency, can be used to buy gold or anything that can be purchased with banknotes.
- Reuters
By Savio Shetty and Divya Chowdhury MUMBAI (Reuters) – The Reserve Bank of India (RBI) is justified in using the country’s foreign exchange reserves to smooth out volatility in the rupee’s moves against the dollar, a member of the Economic Advisory Council said on Monday.
- Martin Young
There is little doubt that Ethereum is the primary driver of current market momentum as it approaches a major shift in consensus, but could it actually surpass Bitcoin?