Latest news — Page 405

Robinhood records its first profit as a public company in Q2 2023, overcoming a decline in revenue, with net income of $25 million.

U.S. Democratic Senators have urgently called on the IRS and Treasury to close cryptocurrency tax loopholes, warning of significant revenue loss.

A recent study by the Network Contagion Research Institute reveals Twitter bots' significant role in inflating altcoin prices, raising questions about orchestrated influence, including a potential link to FTX and cele…

Chulalongkorn University's Kanis Saengchote develops G-SIP, a unique framework to identify and measure systemic risk in decentralized finance, inspired by traditional banking protocols.

MIT's Digital Currency Initiative, in collaboration with Boston's Federal Reserve, has revealed the PArSEC platform.

Space and Time's Proof of SQL uses innovative zero-knowledge-proof technology to cryptographically validate information queries, offering tamper-proof data to various sectors, such as finance and AI, and bolstering de…

Alphapo's crypto payment services faced a breach, leading to a $60 million loss. The alleged attack is suspected to be orchestrated by the Lazarus Group.

Avalanche Foundation’s Avalanche Vista initiative launches, pumping $50M into tokenization, with potential applications far beyond the real estate sector.

Mehmet Fırat proposes a revolutionary educational model, the SOEE, combining AI, blockchain, NFTs, and DAOs, to democratize and personalize learning experiences.

Deloitte partners with crypto analytics firm Chainalysis to enhance blockchain tracking, aiding in crypto investigation, compliance, and law enforcement.

As 2022's crypto value decline led to significant layoffs, recent signs point to a slowdown in job cuts, with KuCoin debunking rumors of massive layoffs.

Namibia enacts law to regulate virtual asset services, reversing a 2017 ban and adopting measures to protect consumers and prevent market abuse.

Jimmy Butler seeks exclusion from a lawsuit accusing him of promoting unregistered securities via Binance, stating he didn't endorse such securities.

The new xERC-20 token standard, proposed by Connext, aims to bolster cross-chain bridge security by giving more control to token issuers and minimizing bridge hacks' potential damage.

While Bitcoin remains the dominant cryptocurrency investment product, Ether and XRP are seeing an uptick in interest and inflows, indicating a shift in investors' preferences.

Binance and CEO Changpeng Zhao are preparing to counter a lawsuit by US regulators, intending to file a motion to dismiss the accusations.

Elon Musk's "XD" Twitter bio change sparks speculations about Dogecoin’s future, potentially influencing both short and long-term cryptocurrency trends.

A Bitcoin wallet, inactive for 11 years, transferred $31 million worth of Bitcoin recently. This comes amidst a string of substantial Bitcoin transactions, further igniting interest in the cryptocurrency.

In essence, Ripple CEO Brad Garlinghouse criticizes the SEC for its overreaching role in cryptocurrency regulation and appeals for clearer legislation, not increased enforcement.

Elon Musk plans a major Twitter transformation into "X", complete with a new logo, color, and web address. While the rebranding stirs mixed reactions, Twitter stands to evolve into a comprehensive platform.

Despite public hesitation, the US Federal Reserve is quietly recruiting a crypto expert to explore potential Central Bank Digital Currency, fueling national debates and election controversies.

The digital payment platform Alphapo recently suffered a loss exceeding $31 million in Bitcoin, Ether, and TRON due to a potential private keys leak, impacting its client services and crypto transactions.

Arkham Intel Exchange, a blockchain demystifying platform, has received its first submission relating to wallet addresses linked to Terraform Labs and its co-founder, which contradicts the company's previous public st…

Arkansas counties are rushing to implement noise control regulations on crypto mining before a state law standardizing such operations takes effect in August.

Coinbase CEO, Brian Armstrong, reports a newfound emphasis among US lawmakers on crypto regulation, inspired by legislative discussions and recent lawsuits involving Ripple.

Worldcoin's launch of a digital passport via iris scans sparks crypto community debates over privacy, security, and centralization.

The fluctuating Bitcoin value, hovering below $30,000, causes trader concerns over a possible plunge to $19,000 amid upcoming volatile indicators.

Bitcoin, Ether, and major altcoins exhibited a lukewarm performance amidst market uncertainties. Key industry figures discuss potential influences, including federal interest rate decisions and the outcome of SEC ruli…

After former CEO's legal drama and ongoing project roadblocks, Terraform Labs grapples with complex issues, while remaining hopeful under new interim CEO Chris Amani's leadership.

Controversy erupts over Parrot Protocol's proposal to turn tokenless, allowing PRT redemption at low rates, causing community uproar.

Celsius Network has finalized two settlements to close bankruptcy proceedings, offering customer asset recovery and addressing $78.2 billion in unsecured claims.

Ripple seeks regulatory approval in the UK and Ireland, signaling a shift in the crypto industry towards favorable regulatory climates abroad.

Nigerian payments app Bundle will discontinue its crypto exchange services, focusing on Cashlink, and instructing users to transfer their assets by September 12, 2023.

The U.S. SEC is considering appealing the recent court verdict classifying XRP as a non-security for retail investors, arguing it contradicts basic securities law principles.

Bitget, a cryptocurrency exchange, is incorporating AI in its operations to streamline processes and ensure data privacy, according to its managing director, Gracy Chen.

Nasdaq has postponed its cryptocurrency custody launch amidst regulatory concerns, yet remains committed to advancing its digital asset solutions.

Top financial firms inch closer to potential Bitcoin ETF approval in the U.S., as their applications make it to the Federal Register, advancing the SEC’s decision-making process.

SEC Chair Gary Gensler requests additional resources in 2024 budget to address crypto market misconduct and increase the commission’s workforce.

The Bank of Korea’s report highlights its ongoing efforts to upgrade payment systems, research CBDCs and smart contracts, and establish effective crypto asset and stablecoin regulations.

For the fourth consecutive quarter, Tesla retains its $184 million Bitcoin holdings, without making new purchases or selling, despite outperforming market expectations.