crypto assets

INX chief financial officer Renata Szkoda is urging companies to "think critically before launching tokens." INX, unlike its peers, has managed to avoid regulatory drama due to its commitment to compliance, she says. The company chose to take the regulatory route in 2017, during the...

Bankrupt crypto firm Voyager Digital Holdings Inc. has reportedly been targeted by hackers during its reopening phase. The platform was reopened for a 30-day period to allow customers to withdraw their remaining assets as part of a court-supervised liquidation process. During this period,...

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Richard Heart and his cryptocurrency projects, including Hex, PulseChain and PulseX. What Happened: Heart, also known as Richard Schueler, raised more than $1 billion through the sale of unregistered securities, the SEC...

Nigeria's Securities and Exchange Commission (SEC) has reiterated that the activities of Binance (CRYPTO: BNB), a leading cryptocurrency exchange, are illegal in the country. The regulator has issued a warning to the public about the risks associated with investing in crypto-assets and other...

In response to the U.K. Treasury Committee's recommendations to regulate crypto assets as gambling instruments, U.K. Financial Services Minister Andrew Griffith expressed the Finance Ministry's firm disagreement with such a proposal. In a letter to the Treasury Committee, Griffith...

A digital wallet that had accumulated over 61,000 Ether (CRYPTO: ETH) during the initial coin offering (ICO) about eight years ago has now transferred the entire amount to another wallet. The wallet in question is believed to be associated with the cryptocurrency exchange, Kraken. The value of...

Amid the U.S. Securities and Exchange Commission (SEC) onslaught against major industry players such as Coinbase Global Inc (NASDAQ: COIN) and Binance (CRYPTO: BNB), U.S. Rep. Ritchie Torres (D-N.Y.) wrote a letter to SEC Chair Gary Gensler, urging the agency to...

Polychain Capital, a leading venture capital firm in the cryptocurrency sector, has reportedly secured approximately $200 million in the initial funding round for its fourth fund, despite recent changes in its research team and a shift in investment focus. The firm aims to raise a total of around...

Monochrome Asset Management, a cryptocurrency investment firm, announced on Friday that its partner Vasco Trustees revised its application with the Australian Securities Exchange (ASX) to offer a spot Bitcoin (CRYPTO: BTC) ETF. An official statement issued by the company stated ...

In a major development, Alexander Mashinsky, the founder and former CEO of Celsius Network (CRYPTO: CEL), has been arrested on charges of securities fraud, commodities fraud and wire fraud. What Happened: The charges, brought forth by the United States Attorney for the Southern District...

In a series of transactions on Wednesday morning, two crypto wallets identified as being under the control of the U.S. government and associated with the Silk Road confiscation, transferred Bitcoin (CRYPTO: BTC) valued at more than $300 million, according to on-chain data. Following these...

The European Securities and Markets Authority (ESMA) has issued its first consultation package under the Markets in Crypto-Assets Regulation (MiCA). The agency, known as the EU's financial markets regulator and supervisor, is inviting stakeholders to provide their comments by Sept. 20. This...

MicroStrategy (NASDAQ: MSTR) may sell its Bitcoin (CRYPTO: BTC) holdings in the event of severe price drops, particularly around the time its debt is due in mid-2025. That's according to a report from financial adviser Bernstein, cited by Coindesk. However, robust Bitcoin prices would...

Despite the rapid proliferation of stablecoins, many regulators are apprehensive about adopting the technology, particularly in emerging economies. What Happened:"Unbacked cryptocurrencies — we don't believe are anything that answers to anything, which is a financial asset or...

In November 2021, the digital asset industry soared to a record high of $3 trillion, while the custodial segment of the market maintained a more conservative figure of $447.9 billion in 2022, according to a report. Consulting firm PricewaterhouseCoopers (PwC) and Aspen Digital, a wealth tech...