18 / 28 Relevant items tagged with #DigitalAssets
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Quantum Computing Poses Critical Threats to Blockchain Security, Warns Expert
[May 20 4:12 PM] Professor Massimiliano Sala, a professor of Mathematics at the University of Trento, warns that quantum computing poses significant threats to blockchain security. He highlights that quantum computers could solve problems foundational to digital…
Crypto Startup Funding Hits $2.4 Billion in Q1
[May 20 2:41 PM] Crypto startup funding rose to $2.4 billion in the first quarter of 2024, driven by expectations of lower interest rates and the launch of the first U.S. bitcoin spot exchange-traded funds (ETFs), according to Pitchbook data. This funding, spread…
Grayscale Leadership Change: Sonnenshein Steps Down — Goldman Sachs’ Peter Mintzberg Appointed New CEO
[May 20 7:45 AM] Crypto asset manager Grayscale Investments has appointed Peter Mintzberg as CEO, effective August 15, 2024. Mintzberg, currently Global Head of Strategy for Asset and Wealth Management at Goldman Sachs, will also join Grayscale’s Board of…
Coinbase Highlights Key US Regulatory Developments Driving Crypto Prices
[May 19 11:35 PM] The latest Coinbase Weekly Market Commentary, dated May 17, highlights the crucial influence of regulatory developments on U.S. cryptocurrency markets. Coinbase stated: “Macro continues to be a key driver for crypto performance, though we…
Novogratz Predicts Bitcoin Trading Between $55K-$75K This Quarter
Donald Trump Viewed as ‘America’s First Crypto President’ by Former CFTC Chairman
US Congress Passes First Standalone Crypto Legislation
[May 19 2:38 PM] The U.S. Congress has passed its first standalone crypto legislation, which aims to overturn the controversial U.S. Securities and Exchange Commission (SEC)’s SAB 121 rules regarding crypto assets. However, President Joe Biden has threatened…
UK Shuts Down Crypto Advisory Firm for Misleading Investors and Poor Financial Records
[May 19 3:34 AM] The UK government announced this week that the Insolvency Service has secured a winding-up order against cryptocurrency advisory firm Amey Finance Academy Ltd at the High Court. The company, created by Desmond Amey in 2018, claimed to offer…
World Bank to Issue CHF Digital Bond Settled Using Swiss Franc Central Bank Digital Currency
[May 18 11:36 PM] The World Bank has announced that it will issue its first CHF digital bond on June 11. This 7-year, CHF 200 million ($219 million) bond is the largest CHF issuance by the World Bank since 2009. It utilizes distributed ledger technology and settles…
US Authorities Arrest Chinese Nationals Allegedly Behind Crypto Scam Network
[May 18 9:37 PM] An indictment unsealed in the Central District of California charges two Chinese nationals, Daren Li and Yicheng Zhang, with leading a scheme to launder at least $73 million tied to an international crypto investment scam, often known as…
Russia and Iran Collaborating on Single BRICS Currency, Iranian Ambassador Says
[May 18 7:36 PM] Russia and Iran are collaborating on creating a single BRICS currency, the Iranian ambassador to Russia has claimed. He noted that over 60% of the two nations’ bilateral trade is conducted in Russian rubles and rials, reflecting a shift away…
Economist Jim Rickards Predicts Gold Price Exceeding $27,000 — Says: ‘It’s Not a Guess. It’s Rigorous Analysis’
Court Approves Crypto Lender Genesis’ $3 Billion Payout to Customers
[May 18 7:33 AM] Crypto lender Genesis Global obtained court approval Friday to return approximately $3 billion to its customers as part of its bankruptcy liquidation. U.S. Bankruptcy Judge Sean Lane approved Genesis’ Chapter 11 plan, overruling an objection…
Mastercard Welcomes 5 Startups to Blockchain and Digital Asset Program
Binance Aids Taiwan in Busting $6M Crypto Money Laundering Ring
Dolce & Gabbana Sued Over $6,000 NFTs Losing 97% Value
[May 17 7:29 PM] Dolce & Gabbana USA Inc. faces a lawsuit from a customer who claims the non-fungible tokens (NFTs) he bought for $6,000, which included metaverse outfits, lost 97% of their value due to delivery failures by the luxury fashion house. The…
China Expands Digital Yuan Pilot: Hong Kong Residents Can Now Set up E-CNY Wallets Locally
[May 17 9:45 AM] The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBOC) have advanced the digital yuan (e-CNY) pilot for payments, aiming to increase e-CNY wallet usage in Hong Kong. Residents can now set up and top up wallets via the Faster…
The Hashgraph Association Partners With Qatar Financial Centre to Launch Digital Assets Venture Studio
[May 17 5:18 AM] The Hashgraph Association, a Swiss non-profit organization, has partnered with the Qatar Financial Centre (QFC) to launch a $50 million digital assets venture studio. The venture studio aims to support companies in developing regulatory-compliant…
Juno Addresses Banking Service Disruption — ‘This Is Outside Our Control’
[May 16 6:35 PM] Juno Finance acknowledges the disruption in banking services and is collaborating with its brokerage and banking service providers, Synapse and Evolve Bank & Trust, to restore full service as soon as possible. Juno is a financial platform that…
DOJ’s Unlawful Interpretation Threatens Bitcoin and Crypto Innovation, Lawmakers Warn
$25M Sophisticated Ethereum Blockchain Exploit Leads to Arrests in US
[May 16 4:13 PM] The U.S. Department of Justice (DOJ) has indicted two brothers for wire fraud and money laundering. They allegedly exploited the Ethereum blockchain to steal $25 million in cryptocurrency within 12 seconds. Using sophisticated techniques, they…
US Senate Votes to Overturn SEC’s Controversial Crypto Rules — Biden’s Veto Threat Looms
[May 16 2:05 PM] The U.S. Senate has voted to overturn the Securities and Exchange Commission (SEC)’s controversial SAB 121, which imposes regulatory burdens on digital asset custodians. The resolution also passed in the House and now faces a veto threat from…
Senate Passes Bill to Overturn SEC Rule on Bitcoin And Crypto Custody, Biden Threatens Veto
[May 16 11:18 AM] Moments ago, the Senate passed legislation H.J.Res. 109 that would overturn the SEC's Staff Accounting Bulletin (SAB) No. 121, preventing highly regulated financial firms from custodying Bitcoin and other cryptocurrencies. The legislation passed…
US Lawmakers Urge Treasury Action on Russian Crypto Exchange Sanctions Evasion
[May 15 8:40 PM] U.S. Congressman Gabe Amo (D-RI), along with Congressmen Brad Sherman (D-CA) and Gerald E. Connolly (D-VA), sent a letter to U.S. Treasury Secretary Janet Yellen regarding the Moscow-based cryptocurrency exchange Garantex. They expressed concerns…
Microstrategy Joins MSCI World Index Amid Bitcoin Rally
[May 15 3:20 PM] MSCI Inc. has announced the May 2024 Index Review, which includes adding the bitcoin-focused Microstrategy to the MSCI World Index. This decision follows the Nasdaq-listed software intelligence firm’s stock outperforming bitcoin and other…
Oklahoma Enacts Landmark Bill to Regulate Digital Assets, Protect Bitcoin Rights, Foster Crypto Innovation
[May 15 12:36 PM] The governor of the U.S. state of Oklahoma has approved House Bill 3594, a landmark bill that protects bitcoin rights and fosters cryptocurrency innovation. The legislation addresses the regulation and promotion of blockchain technology and…
SEC tries again for Debt Box suit dismissal with option to refile
[May 14 3:33 PM] The SEC says case dismissal without prejudice is “normally granted” when a plaintiff requests it, but the court has criticized the agency’s current suit.
Coinbase recovers after system-wide outage, but user withdrawals remain offline
[May 14 2:57 AM] While the reason behind the three-hour, system-wide outage remains unknown, some users are still unable to transfer or withdraw their funds from the exchange.
This Week’s Biggest Crypto Gainers and Losers: Cheelee Rises as Pendle Falls
[May 13 10:20 AM] On Monday, the cryptocurrency market maintained steady growth, with its valuation reaching $2.3 trillion—an increase of 1.72% over the last 24 hours. Over the past week, six cryptocurrencies have posted double-digit gains, while around two…