Rootoshi
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11 months agoFormer President Donald Trump's Ethereum Wallet Transfers Millions in Cryptocurrency to Coinbase
An Ethereum wallet associated with former President Donald Trump has reportedly transferred millions in cryptocurrency, suspected to be proceeds from sales of non-fungible tokens (NFTs). The wallet recently moved…
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11 months agoOrdinals Enthusiast Pays $7K to Fulfill Elon Musk's NFT Challenge
Bitcoin Ordinals, a digital art collection inscribed on the Bitcoin blockchain, has sparked a heated debate within the cryptocurrency community. Critics argue that Ordinals inscriptions are “spam” and pose a sec…
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11 months agoCredit Suisse's Demise: A Tragicomic Tale Unfolds
The end of the second largest Swiss bank has generated significant interest among readers of finews.ch. Alongside the Credit Suisse, other topics also captured attention in the columns of finews.ch in 2023. The…
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11 months agoCalls for Removal of SEC Chair Gensler Intensify Amidst Scandal and Criticism
In recent years, the United States Securities and Exchange Commission (SEC) has faced criticism from the crypto industry for its aggressive approach towards enforcement actions and lawsuits targeting crypto firms…
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11 months agoBitzlato Temporarily Suspends Bitcoin Withdrawals Amid Legal Hearings
Bitzlato, a crypto exchange, has announced the temporary suspension of all Bitcoin withdrawals. This measure is being taken as the company prepares for upcoming legal hearings regarding its users’ assets seized i…
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11 months agoBitzlato Temporarily Suspends Withdrawals Amidst Asset Seizure and Money Laundering Allegations
Bitzlato, a Russia-linked cryptocurrency exchange, has announced a temporary suspension of certain withdrawal requests despite having its assets seized by French authorities. The company stated that this measure is…
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11 months agoFormer US President Donald Trump's Ethereum Wallet Moves $2.4M in Crypto to Coinbase
An Ethereum wallet believed to be owned by former U.S. President Donald Trump has reportedly transferred millions of dollars worth of cryptocurrency to Coinbase. The wallet, which was linked to Trump by Arkham…
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11 months agoPaxos Receives Regulatory Approval to Launch Pax Dollar on Solana Blockchain
Stablecoin issuer Paxos has received regulatory approval from the New York Department of Financial Services (DFS) to extend its products to the Solana blockchain. This marks a significant milestone for Paxos as it…
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11 months agoHong Kong Launches Public Consultation on Stablecoin Regulation
Hong Kong’s financial authorities, the Hong Kong Monetary Authority (HKMA) and the Financial Services and Treasury Bureau (FSTB), have launched a public consultation to establish a regulatory framework for s…
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11 months agoSEC Holds Talks with BlackRock and Grayscale on Spot Bitcoin ETFs, Decision Expected in Early 2024
The U.S. Securities and Exchange Commission (SEC) has been in discussions with several companies, including BlackRock and Grayscale Investments, regarding the possibility of introducing exchange-traded funds (ETFs)…
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11 months agoTelcoin DeFi Platform Falls Victim to $1.3 Million Exploit on Polygon
The decentralized finance (DeFi) platform Telcoin has suffered a $1.3 million exploit due to issues with the proxy implementation of its wallet on Polygon. This incident highlights the ongoing activity of malicious…
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11 months agoGrayscale Chairman Resigns, CFO to Take Over in Leadership Change
Grayscale Investments, a company seeking to convert its Bitcoin Trust into a U.S. spot exchange-traded fund (ETF), has announced changes in its leadership. Barry Silbert, the chairman of Grayscale, has resigned and…
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11 months agoUBS Group AG Exits $5 Billion in Assets as it Restructures Credit Suisse Holdings
UBS Group AG has made the decision to exit $5 billion in assets that it manages for wealthy clients. This move comes as the company works to sort out the parts of Credit Suisse that it does not want. During the…
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11 months agoPotential Approval of Bitcoin ETF Raises Concerns Over Self-Custody and Market Distortion
A potential approval of a spot Bitcoin exchange-traded fund (ETF) in the United States is raising concerns among analysts about the impact it could have on the original vision of Bitcoin. Josef Tetek, a Bitcoin…
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11 months agoMt. Gox Begins Repaying Creditors After 10-Year Wait
After a decade of anticipation, Mt. Gox, the infamous cryptocurrency exchange, has begun repaying its creditors. Users on social media have confirmed receiving payments for their long-blocked Bitcoin deposits in…
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11 months agoHashdex Meets with SEC Chair's Office to Discuss Bitcoin ETF Proposal
Crypto asset management firm Hashdex recently had a meeting with the U.S. Securities and Exchange Commission (SEC) Office of the Chair to discuss its proposed Bitcoin exchange-traded fund (ETF) application. The…
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11 months agoJapan's Cabinet Proposes Tax Breaks for Unrealized Crypto Gains
Japan’s Cabinet has approved a proposal to eliminate corporate tax on unrealized cryptocurrency gains, potentially revolutionizing the crypto landscape in the country. If this proposal becomes law, it would mean t…
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11 months agoSwiss Digital Asset Bank Sygnum Receives Major Payment Institution License in Singapore, Expands Cryptocurrency Brokerage Services
Swiss digital asset bank Sygnum has obtained a Major Payment Institution Licence (MPIL) from the Monetary Authority of Singapore (MAS) for its Singapore arm. This license will enable the bank to offer brokerage…
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11 months agoChinese Authorities Bust $2.2 Billion Underground Banking Operation Using Cryptocurrency
Chinese authorities have reportedly cracked down on a $2.2 billion underground banking operation that used foreign virtual currency trading platforms to help clients bypass the country’s capital controls. The o…
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11 months agoHong Kong Proposes Licensing Framework for Fiat-Referenced Stablecoins
Hong Kong is considering accepting and regulating fiat-referenced stablecoins (FRS) through a proposed licensing regime. The Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority…
