Rootoshi
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11 months, 3 weeks agoAirline Industry Bounces Back, Approaching Pre-COVID Profit Levels
The Swiss bank Pictet has reached a settlement with the United States, agreeing to pay $123 million to resolve a long-standing tax dispute. This comes after years of legal battles between Swiss banks and the US…
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bob wrote a new post
11 months, 3 weeks agoSouth Korean Regulator Sets Deadline for Interest on Digital Asset Deposits
The Financial Services Commission (FSC) in South Korea has announced new regulations for investors in digital assets. By July 2024, investors must receive interest when depositing funds into an exchange. However,…
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bob wrote a new post
11 months, 3 weeks agoEl Salvador Launches Citizenship Program for Crypto Investors
El Salvador has introduced the “Adopting El Salvador Freedom Visa Program,” a citizenship-by-investment scheme aimed at attracting the crypto community. Under this program, individuals can obtain residency and pot…
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11 months, 3 weeks agoLiquidium Raises $1.25M in Pre-Seed Funding for Bitcoin Ordinal Lending, Pioneering New Frontier in Crypto Collateralization
Liquidium, a startup in the lending sector of Bitcoin, has successfully raised $1.25 million in pre-seed funding. This funding round is a significant milestone for the company as it aims to pioneer a new lending…
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bob wrote a new post
11 months, 3 weeks agoUBS Hires J.P. Morgan Veteran as Global Co-Head of Equity Capital Markets
The Swiss major bank has acquired several advisory teams from Wall Street competitors in the US this year. Now, it is bringing in a veteran from the largest US bank. The US market is one of the most important…
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bob wrote a new post
11 months, 3 weeks agoCredit Suisse Executives Join American Asset Manager Spectrum Asset Management
Two experienced executives from Credit Suisse have joined an American asset manager, Spectrum Asset Management. Isabel Faragalli has been appointed as the Managing Director of Investments, responsible for…
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11 months, 3 weeks agoCrypto Exchange HTX Loses $30 Million in Exploit, Investors Withdraw $258 Million
Crypto investors have been withdrawing their assets from the crypto exchange HTX (formerly known as Huobi) after a recent exploit that resulted in a loss of $30 million. Since the exchange resumed its services on…
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11 months, 3 weeks agoCrypto Lawyer Accuses Senator Warren of Misconduct in Oversight of SEC
A prominent crypto lawyer, John Deaton, has made serious allegations against Senator Elizabeth Warren regarding her oversight responsibilities of the Securities and Exchange Commission (SEC). Deaton claims that…
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11 months, 3 weeks agoSEC Files Unsealed Documents to Strengthen Binance Lawsuit
The U.S. Securities and Exchange Commission (SEC) has requested the court to consider newly unsealed documents in its lawsuit against cryptocurrency exchange Binance and its former CEO Changpeng Zhao (CZ). The SEC…
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11 months, 3 weeks agoThe Growing Concern of Cryptocurrency Deaths: Examining the Troubling Phenomenon
The death of Javier Biosca has brought attention to the dark side of the cryptocurrency world. Biosca, a controversial figure in the industry, tragically ended his life by jumping from a hotel in Estepona, Spain.…
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11 months, 3 weeks agoSecurity Breach Detected: $50 Million Worth of HXA Tokens Stolen in KyberSwap Exploit
A security breach has been detected in the Herencia Artifex NFT project, involving a movement of $50 million in HXA tokens. The tokens were transferred by the KyberSwap exploiter, who obtained them using the…
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bob wrote a new post
11 months, 3 weeks agoSecurity Breach Detected: $50 Million Worth of HXA Tokens Stolen in KyberSwap Exploit
A security breach has been detected in the Herencia Artifex NFT project, involving a movement of $50 million in HXA tokens. The tokens were transferred by the KyberSwap exploiter, who obtained them using the…
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bob wrote a new post
11 months, 3 weeks agoFinancial Conduct Authority Criticized for Ineffectiveness in Regulating Cryptocurrency Industry
The National Audit Office (NAO) has expressed concerns about the effectiveness of the Financial Conduct Authority (FCA) in regulating the cryptocurrency industry in the United Kingdom. According to a recent report…
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bob wrote a new post
11 months, 3 weeks agoFinancial Conduct Authority Criticized for Ineffectiveness in Regulating Cryptocurrency Industry
The National Audit Office (NAO) has expressed concerns about the effectiveness of the Financial Conduct Authority (FCA) in regulating the cryptocurrency industry in the United Kingdom. According to a recent report…
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bob wrote a new post
11 months, 3 weeks agoUS Government Removes Anti-Money Laundering Provisions for Cryptocurrency from Defense Authorization Act
The United States government has removed two provisions from the National Defense Authorization Act (NDAA) that were aimed at addressing concerns regarding anti-money laundering (AML) in the cryptocurrency…
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bob wrote a new post
11 months, 3 weeks agoUS Government Removes Anti-Money Laundering Provisions for Cryptocurrency from Defense Authorization Act
The United States government has removed two provisions from the National Defense Authorization Act (NDAA) that were aimed at addressing concerns regarding anti-money laundering (AML) in the cryptocurrency…
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bob wrote a new post
11 months, 3 weeks agoBinance's Compliance Commitments Unveiled, Signaling Potential Platform Shutdown
Binance, one of the largest cryptocurrency exchanges, is facing significant government oversight in the United States. The company’s compliance commitments with the Department of Justice (DOJ) have been revealed, o…
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bob wrote a new post
11 months, 3 weeks agoBinance's Compliance Commitments Unveiled, Signaling Potential Platform Shutdown
Binance, one of the largest cryptocurrency exchanges, is facing significant government oversight in the United States. The company’s compliance commitments with the Department of Justice (DOJ) have been revealed, o…
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bob wrote a new post
11 months, 3 weeks agoTether Implements Voluntary Wallet-Freezing Policy to Strengthen Security and Regulatory Compliance
Tether, the stablecoin issuer, has announced a new policy aimed at strengthening security within its ecosystem. The company has initiated a voluntary wallet-freezing policy, allowing it to freeze activity connected…
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bob wrote a new post
11 months, 3 weeks agoTether Implements Voluntary Wallet-Freezing Policy to Strengthen Security and Regulatory Compliance
Tether, the stablecoin issuer, has announced a new policy aimed at strengthening security within its ecosystem. The company has initiated a voluntary wallet-freezing policy, allowing it to freeze activity connected…
