Advertisements A previous approval was annulled by a higher court after it was determined the Terra founder’s finances were not sufficiently assessed in the first decision. The Montenegro court handling Terra founder Do Kwon’s passport forgery case has accepted his 400,000 euro ($428,000) bail request after a higher court annulled a previous approval, according toContinue reading “Do Kwon’s $428K Bail Request in Fake Passport Case Approved by Montenegro Court”
Category Archives: Finance
Atomic Wallet Users Hacked for $35M Worth of Bitcoin, Ether, Tether and Other Tokens
Advertisements Atomic Wallet said Monday that “less than 1%” of its monthly active users were impacted in the weekend breach. The crypto industry’s latest causality occurred over the weekend as nearly $35 million worth of various tokens were stolen from Atomic Wallet, a centralized storage and wallet service. These tokens included bitcoin (BTC), ether (ETH),Continue reading “Atomic Wallet Users Hacked for $35M Worth of Bitcoin, Ether, Tether and Other Tokens”
What makes MSB the Outstanding Digital Transformation Bank in Vietnam
MSB – Leading the Way as Vietnam’s Outstanding Digital Transformation Bank
ECB Finalizes Digital Euro Prototypes as Development Decision Looms
Advertisements The European Central Bank has examined the use of distributed ledger technology and smart contracts for its potential new digital currency. The European Central Bank (ECB) has finalized prototypes for a digital euro as it prepares to take a decision later this year over whether to develop the EU’s fiat currency in a newContinue reading “ECB Finalizes Digital Euro Prototypes as Development Decision Looms”
Crypto Storage Firm Qredo’s Revamped Self-Custody Wallet Goes Live
Advertisements The New Qredo remains aimed at the institutional crypto market, but now it’s low-cost and open to anyone, says COO Josh Goodbody. Crypto storage technology firm Qredo has revamped its self-custody wallet platform, bringing to market a cheap, open source option for institutional crypto traders that no longer want to risk allowing digital assetsContinue reading “Crypto Storage Firm Qredo’s Revamped Self-Custody Wallet Goes Live”
Reclaiming Your Finances: Battling Bitcoin Scams and Recovering Losses
Besides having a good knowledge of the crypto market and gaining experience and skills while trading, securing your crypto holdings is also a good strategy.
Bitcoin’s Short-Term Holders Are Again Selling at Profit
Advertisements Short-term holders’ renewed profitability is a positive signal for near-term price action, according to on observer. Bitcoin’s (BTC) near-term outlook appears constructive as blockchain data show short-term holders of the cryptocurrency are moving coins at a profit. The seven-day moving average of the short-term holder’s (STH) spent output profit ratio (SOPR) has recently movedContinue reading “Bitcoin’s Short-Term Holders Are Again Selling at Profit”
Gemini and Bankrupt Lender Genesis Asks U.S. Court to Dismiss SEC Lawsuit Targeting Earn Program
Advertisements The U.S. Securities and Exchange Commission alleged the two entities had sold unregistered securities through Gemini’s Earn program. Bankrupt crypto lender Genesis Global Capital and exchange platform Gemini are asking a U.S. court to dismiss a lawsuit by the Securities and Exchange Commission alleging the two sold unregistered securities, court filings from Friday show.Continue reading “Gemini and Bankrupt Lender Genesis Asks U.S. Court to Dismiss SEC Lawsuit Targeting Earn Program”
Shiba Inu-Themed Floki Sees Trading Volume Surge Amid China Plans
Advertisements Floki prices rallied on Sunday amid a bitcoin-led market push and bets on the token’s “China narrative.” Floki (FLOKI) spiked over 10% on Sunday and saw its highest trading volumes in over three weeks as traders bet on the tokens amid a China-focused push for its Valhalla metaverse game. Trading volumes for the tokens,Continue reading “Shiba Inu-Themed Floki Sees Trading Volume Surge Amid China Plans”
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Ether Balance on Exchanges Nears All-Time Low
Advertisements The drop comes as the number of staked ether has surged. The number of ether (ETH) on exchanges has hit a low not seen since July 2016 as staking saps up available ether. Data from Glassnode shows that as of Thursday, 14.85% of all ether was held in wallets owned by centralized exchanges. TheContinue reading “Ether Balance on Exchanges Nears All-Time Low”
EU Investment Firms Should Clearly State Crypto Is Unregulated, Watchdog Says
Advertisements Companies that market crypto alongside traditional securities might mislead consumers about access to fair advice and compensation, the European Securities and Markets Authority worries. Investment firms in the European Union that offer crypto alongside more traditional products could be misleading their consumers into a false sense of security, the European Securities and Markets AuthorityContinue reading “EU Investment Firms Should Clearly State Crypto Is Unregulated, Watchdog Says”
Crypto Exchange Coinone’s Former Exec Acknowledges Bribery Charges in South Korea: Report
Advertisements A lawyer for the accused reportedly said he admits “the facts of the prosecution,” during a May 25 trial hearing. A former executive of South Korean cryptocurrency exchange Coinone, who was accused of taking bribes in return for listing certain coins, has acknowledged the charges, local news agency Yonhap reported on Thursday. “Mr Jeon,”Continue reading “Crypto Exchange Coinone’s Former Exec Acknowledges Bribery Charges in South Korea: Report”
BNB Chain Expected to Undergo ‘Luban’ Upgrade in June. Here’s all You Need to Know
Advertisements Three distinct enhancements aim to make the network faster and more secure. Blockchain network BNB Chain is expected to undergo a network upgrade at block height 29,020,050, estimated to arrive on June 11 at 21:30 UTC, developers released on GitHub. Network improvements typically attract investors and users to blockchain ecosystems as they allow developersContinue reading “BNB Chain Expected to Undergo ‘Luban’ Upgrade in June. Here’s all You Need to Know”
Lawyers Challenging U.S. Tornado Cash Sanctions Say Free Speech Is at Stake
Advertisements Open source software isn’t property, and current sanctions laws are ill-equipped to handle this, lawyers argue. Are smart contracts property? Are holders of a protocol’s token members of an unincorporated association? Is banning open-source software an attack on free speech? Those are the questions before a U.S. court in Austin, Texas, as a lawsuitContinue reading “Lawyers Challenging U.S. Tornado Cash Sanctions Say Free Speech Is at Stake”