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Tag: bitcoin

Posted on 17/02/2023

Terra founder Do Kwon charged with fraud over its $40 billion crypto crash

The SEC accuses Terraform and Kwon of misleading investors about the stability of TerraUSD, noting they failed to inform investors that the price of the coin falling below its dol ...

Posted on 17/02/2023

MC Digital Realty Expands Osaka Footprint, Launches Fourth Data Centre at Osaka Campus

MC Digital Realty, a 50/50 joint venture between Mitsubishi Corporation and Digital Realty providing a full suite of data center solutions in Japan, announced today the official opening of KIX13, the ...

Posted on 17/02/2023

Asia markets to trade lower after Wall Street falls on concerns of more Fed rate hikes ahead

Asia-Pacific investors digested more economic data out of the U.S. and more hawkish commentary from the Federal Reserve.

Posted on 17/02/2023

SEC Is About to Sue Over TerraUSD Stablecoin That Rocked Crypto

The US Securities and Exchange Commission is preparing to sue the company behind TerraUSD, a crypto stablecoin whose collapse last year kicked off an industrywide crisis and a cascade of high-profile ...

Posted on 17/02/2023

The crypto comeback: Here’s what’s driving it, according to Bernstein

Bitcoin is up big in 2023, gaining 50%, while ether is up more than 40%. Those gains come after a difficult 2022 for the crypto market.

Posted on 17/02/2023

A quarter of new crypto tokens were pump-and-dump schemes in 2022, report says, highlighting regulatory hurdles

Nearly 10,000 tokens issued last year saw significant price declines in their first week, an indication of fraudulent activity, according to Chainalysis.

Posted on 17/02/2023

Stelo Labs raises $6M in a16z-led round to help crypto wallet users protect themselves

Stelo Labs raised $6 million in a round led by a16z to help crypto wallet users protect themselves through a browser extension.

Posted on 17/02/2023

Artificial intelligence is akin to crypto in 2021 as the sector is facing investor hype, says founder of tech investment firm

Most of the value in AI is actually "going to accrue to the incumbent big-tech companies - I'm sort of most bullish on Microsoft." ...

Posted on 17/02/2023

Bitcoin rises despite U.S. crackdown, as crypto market gains $84 billion in value

Bitcoin rose to its highest level since August, as the market shrugged off a tougher regulatory stance from U.S. regulators.

Posted on 17/02/2023

Banks Are Breaking Up With Crypto During Regulatory Crackdown

Banks are backing away from crypto companies, spooked by a regulatory crackdown that threatens to sever digital currencies from the real-world financial system.

Posted on 17/02/2023

Crypto Buyers Beware: 1 in 4 New Tokens of Any Value Is a Scam

And according to tracing firm Chainalysis, one very prolific scammer ran at least 264 of those scams in 2022 alone.

Posted on 17/02/2023

Celsius customer received $67,000 tax bill for funds lost in crypto lender’s bankruptcy, report says

Celsius Network customers like Doug Stringer are receiving massive tax bills because of the high-interest returns promised by the bankrupt lender.

Posted on 17/02/2023

Lawsuit Challenging IRS Seizure Of Crypto Account Records Is Back In Court

A New Hampshire man has fired back at the IRS over the agency's issuance of a "John Doe" summons and subsequent seizure of his financial records from Coinbase.

Posted on 17/02/2023

SEC Proposes Rule That Could Squeeze Crypto Platforms

Wall Street’s main regulator proposed heightened requirements for businesses that safeguard assets for fund managers.

Posted on 17/02/2023

SEC steps up its crypto crackdown with proposed tough rules that could block investment advisors from holding such assets

The Securities and Exchange Commission (SEC) has stepped up its crackdown on the crypto sector with a proposed rule change that could block investment advisors from holding cryptocurrencies on behalf ...

Posted on 16/02/2023

Gaming Network Oasys Onboards Japan Conglomerate SoftBank as Network Validator

Japanese conglomerate SoftBank will become an official network validator on Oasys and will explore further collaborations with the gaming blockchain, including the development of blockchain-based ...

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