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Tag: banking

Posted on 06/05/2024

SEC’s Gensler turns tide against crypto in courts

The legal onslaught, which gained new momentum after the collapse of Sam Bankman-Fried’s FTX empire in late 2022, is posing a threat to the industry and raising the stakes for the army of industry ...

Posted on 06/05/2024

Unmasking Crypto Whales: Navigating Market Manipulation in the Cryptocurrency Realm

The world of cryptocurrency is often seen as a realm of opportunity and innovation. However, lurking beneath the surface are Crypto Whales, entities with immense holdings capable of manipulating ...

Posted on 06/05/2024

Lamborghini bros no more: Crypto is creating a new wealth effect

Study suggests that household spending out of crypto gains is more like the patterns from traditional equity investments such as home purchases.

Posted on 06/05/2024

Bitcoin trader loses almost $70 million after sending crypto to wrong online account address

A Bitcoin trader lost nearly $70 million after criminals tricked them into sending crypto to a fake address that looked like their own.

Posted on 06/05/2024

Implications Of Tether’s Record Profits For The Crypto Market

Also of note is the $1 billion that Tether generated from operating profits derived from U.S. Treasury holdings. In an interesting development, it would seem that higher-for-longer rates continue to ...

Posted on 06/05/2024

From 25 years in prison to just four months: Inside the final verdict on a crypto billionaire CEO archrivalry

The criminal judgment of bitcoin billionaires Changpeng Zhao and Sam Bankman-Fried was completed this week, the final chapter in starkly different crypto sagas.

Posted on 05/05/2024

‘The law is catching up’: Gensler’s SEC racks up legal wins against crypto

The legal onslaught, which gained new momentum after the collapse of Sam Bankman-Fried’s FTX empire in late 2022, is posing a threat to the industry and raising the stakes for the army of industry ...

Posted on 05/05/2024

Analyst Says Bottom Is In for Altcoin Markets, Predicts Crypto Rally Following Weak Economic Data

Popular analyst Michaël van de Poppe believes that crypto is gearing up for a marketwide rally amid signs of slowing economic activity.

Posted on 05/05/2024

Biggest Crypto Market Predictions for May 2024 | BTC, ETH, WIF in Focus

The global market cap has mad a positive start to the month, surging to $2.35 trillion on Sunday May 5, according to Coingecko data. The Fear Greed index also indicates that market sentiment has also ...

Posted on 05/05/2024

Japan faces a tough tug-of-war with yen bears

Japan appears to have bought some time and respite for a tumbling yen through its latest bursts of suspected interventions, yet it has also set itself up for a protracted war with a market that views ...

Posted on 05/05/2024

Japan needs better contraception access, Planned Parenthood head says

TOKYO -- Japan must improve access to contraception and abortion to boost economic productivity and tackle its aging population, the head of the world's largest NGO for sexual and reproductive health ...

Posted on 05/05/2024

Is crypto dying? How world’s governments are tightening norms

India, after lifting its crypto ban in 2020, is working on a Cryptocurrency and Regulation of Official Digital Currency Bill to enable the creation of an official digital currency. South Korea has ...

Posted on 05/05/2024

Wrapped Bitcoin (WBTC) Wallet Loses $69,300,000 Worth of Crypto in Apparent Address Poisoning Scam

A crypto wallet lost $69.3 million worth of Wrapped Bitcoin (WBTC) in an apparent address-poisoning attack, according to the blockchain security firm CertiK.

Posted on 05/05/2024

Tesla’s Dogecoin Adoption Sends Crypto Market Into Frenzy, Meme Coin Surges By Over 21%

Dogecoin's price gets a boost with Tesla now accepting the meme coin for merchandise. Musk's crypto influence strikes again as Tesla's Dogecoin move sends the digital currency soaring by over 21% in a single day. Elon Musk 's Tesla Inc. TSLA has officially incorporated Dogecoin DOGE/USD as a payment option, albeit with a specific limitation.

Posted on 05/05/2024

Crypto Startups Turbocharge Valuations as Investment Picks Up

Crypto startups are putting valuations in the fast lane with an aggressive form of fundraising that reflects the digital-asset industry’s recovery as well as a desire among venture funds to put money ...

Posted on 05/05/2024

May 2024’s Crypto Marvel: Bitgert Coin’s Ascendancy

Bitgert coin is the center of attraction in the cryptocurrency ecosystem as demand for it has skyrocketed massively recently. This increased demand has been observed with the spectacular uptrend which ...

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