Bitvavo, a Dutch cryptocurrency exchange, said on Friday it has 280 million euros ($296.30 million) locked at Digital Currency Group (DCG), a U.S.-based company. "DCG is currently experiencing ...
4 crypto experts break down what’s next for the industry with trading volumes down 50% since the FTX collapse
"Most crypto veterans are used to this kind of market drawdown and quietness from previous circles and still hanging in there," an economist said.
Japan to Exempt Token Issuers From Corporate Tax on Unrealized Gains
Japan’s ruling Liberal Democratic Party (LDP) tax committee approved a proposal to exempt crypto startups that issue their own tokens from paying corporate taxes on unrealized gains, a party ...
Resurfaced Video Shows Trump Calling Crypto ‘Dangerous’ After He Starts Selling NFTs
The former president said in 2021 that he "was never a big fan" of the blockchain-based tech. What a difference a year makes.
Mazars Drops All Crypto Clients, Dealing Another Blow to Binance
Mazars has paused all work with all crypto clients, including Binance. What does this mean specifically for CZ’s crypto giant? MARTIN BACCARDAX: This is, it's not good. It's not good for Binance and it's not good for the broader crypto industry.
Crypto Markets Winding Up A Negative Week Amid Accounting Concerns
Multiple reports that Mazars, the global accounting firm based near Paris, has suspended proof-of-reserves reporting for crypto clients, followed a Thursday Forbes article that ri
Celebrities Shilling Crypto Face More Than Just Mockery
As FTX implodes, leaving investors searching for ways to recover their losses, star promoters like Larry David and Tom Brady are being dragged into litigation over their role in endorsing the crypto ...
Treasury’s financial stability watchdog says fraud is rampant in crypto markets
The crypto currency market is rife with fraud, failures to comply with existing laws and big swings in volatility, Treasury's financial stability watchdog said.
Crypto Faithful Fight ‘Bear Market Blues’ in Puerto Rico
This is actually a story about crypto — crypto as dreamers imagined it could be, before so much went so wrong. “If you got bear-market blues, give me a round of applause.” That’s 43-year-old Pedro Rivera,
Trump Calling Crypto ‘Dangerous’ Resurfaces After Massive NFT Sale
News of the NFTs has led to some criticism of Trump on Twitter, including by multiple users of the social media platform who have referenced an interview from last December of Trump calling cryptocurrency "dangerous.
First Mover Americas: Crypto Auditing Hits Snag
Binance’s proof-of-reserves auditor Mazars has paused all work for its crypto clients, Binance, the world's largest crypto exchange by trading volume, said in an emailed stateme ...
Crypto Exchange Gemini Modifies Terms Of Service As Gemini Dollar, Its Own Stablecoin, Gets Caught In Market Contagion
The Winklevoss twins’ crypto exchange drew investors to its dollar-pegged stablecoin GUSD by promising tantalizing rates of return. Now those funds are frozen, and demand for Gemini Dollars is plunging.
Mazars Group suspends all work with crypto clients including Binance, Crypto.com, citing concerns over public perception of proof of reserves
Accounting firm Mazars Group has suspended all work with its crypto clients, according to its former client and the world's largest crypto exchange, Binance.
Crypto’s Post-FTX Crisis Is Laid Bare as Trading Volumes Plummet by 50%
Trading volumes at digital-asset exchanges have halved amid a loss of confidence in the crypto sector following the collapse of Sam Bankman-Fried’s FTX platform.
Crypto trader Amber raises $300M as it seeks protection for FTX-hit customers
Amber Group, a Sequoia- and Temasek-backed crypto trading firm, has closed a hefty $300 million Series C funding round as the collapse of FTX shakes the crypto world. The news, which the Singapore-based firm announced on Twitter Friday morning,
Japan Finance Minister Suzuki rules out extra debt issuance for defence plan
Japan's government is not considering issuing extra bonds to cover a planned increase in defence spending, Finance Minister Shunichi Suzuki said on Friday, pledging to remain fiscally disciplined.Suzu ...