Rootoshi
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10 months, 3 weeks agoHuobi Korea to Terminate Local Virtual Asset Trading Services, Focuses on Brand Renewal and System Upgrades
Huobi Korea, a leading virtual asset exchange, has announced the termination of its local virtual asset trading services. The decision comes as part of the exchange’s strategic move to adapt to the changing m…
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10 months, 3 weeks agoSouth Korea Proposes Ban on Credit Card Purchases of Cryptocurrencies
The Financial Services Commission (FSC) in South Korea has proposed a ban on citizens purchasing cryptocurrencies using credit cards. The FSC aims to limit crypto trading on foreign exchanges and address concerns…
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bob wrote a new post
10 months, 3 weeks agoJob Insecurity Among UBS Bankers Revealed in Recent Survey
A recent survey conducted among employees of a major Swiss bank suggests that nearly half of the combined workforce of UBS and Credit Suisse are concerned about their job security. According to the survey conducted…
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10 months, 3 weeks agoUBS Strengthens Market Position in the Middle East with New Leadership Team
The Swiss bank UBS is making a significant move to strengthen its market position in the Middle East. It has appointed a new leadership team for its investment banking division in the region. This move is seen as a…
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10 months, 4 weeks agoGrayscale Investments in Talks with JPMorgan and Goldman Sachs for Potential Role in Bitcoin ETF
Crypto asset manager Grayscale Investments is reportedly in talks with investment banks JPMorgan and Goldman Sachs regarding their potential involvement in a proposed spot Bitcoin exchange-traded fund (ETF).…
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bob wrote a new post
10 months, 4 weeks agoSouth Korea Proposes Ban on Credit Card Purchases of Cryptocurrency
South Korea’s Financial Services Commission (FSC) is proposing changes to the country’s credit finance laws that would prohibit local citizens from using credit cards to purchase cryptocurrency. The FSC exp…
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10 months, 4 weeks agoGrowing Concerns Over Malicious Solana Drainer Kits Targeting Users
One of the largest online communities dedicated to Solana, a popular cryptocurrency, has over 6,000 members, according to blockchain security firm Chainalysis. Recently, there has been growing concern about…
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bob wrote a new post
10 months, 4 weeks agoInvestors Demand Billions in Compensation from CS Bank
The forced sale of Credit Suisse (CS) to UBS has brought some stability to the troubled bank. However, the low sale price and the decision by the Swiss Financial Market Supervisory Authority (FINMA) to write off…
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10 months, 4 weeks agoSEC Approves First Leveraged Bitcoin Futures ETF, Paving the Way for Mainstream Adoption
The U.S. Securities and Exchange Commission (SEC) has made a groundbreaking decision by approving the launch of the first-ever leveraged Bitcoin futures exchange-traded fund (ETF). This move signifies the growing…
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10 months, 4 weeks agoNew US Tax Law Requires Reporting of Cryptocurrency Transactions
The Infrastructure Investment and Jobs Act, passed by the US Congress in November 2021, introduced a new provision into the Tax Code. Under this provision, individuals who receive over $10,000 in cryptocurrency in…
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bob wrote a new post
10 months, 4 weeks agoNew US Tax Law Requires Reporting of Cryptocurrency Transactions
The Infrastructure Investment and Jobs Act, passed by the US Congress in November 2021, introduced a new provision into the Tax Code. Under this provision, individuals who receive over $10,000 in cryptocurrency in…
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bob wrote a new post
10 months, 4 weeks agoFidelity's Bitcoin ETF Registration Accepted by Cboe Exchange
The United States-based exchange Cboe has accepted the registration for listing shares of a spot Bitcoin exchange-traded fund (ETF) proposed by Fidelity Investments. The Fidelity Wise Origin Bitcoin Fund has filed…
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10 months, 4 weeks agoBlackRock and Grayscale May Add Goldman Sachs as Authorized Participant for Bitcoin ETF
Two leading spot Bitcoin exchange-trade fund (ETF) applicants, Grayscale and BlackRock, are reportedly considering adding Goldman Sachs as an authorized participant. This role would involve Goldman Sachs creating…
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10 months, 4 weeks agoPossible Title: "Blockchain Analysts Link Orbit Bridge Attack to Series of 2023 Crypto Cyberattacks
A recent report from blockchain analysts suggests that the attacker responsible for draining $81.5 million from the Orbit bridge may have been involved in several other crypto cyberattacks in 2023. The report…
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10 months, 4 weeks agoRadiant Capital Falls Victim to Malicious Attack, Suffers $4.4 Million Loss
Cyvers, a cybersecurity firm, has uncovered a malicious attack on RDNTCapital, a decentralized finance (DeFi) platform. The attack resulted in a loss of over $4.4 million for RDNTCapital. The attackers used…
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10 months, 4 weeks agoNigeria's Central Bank Implements New Guidelines for Cryptocurrency Accounts
In a significant policy shift, Nigeria’s central bank has released updated guidelines for banks handling cryptocurrency accounts, signaling a change in the country’s stance towards digital assets. The move com…
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10 months, 4 weeks agoBloomberg Analyst Questions Matrixport's Claim of Potential Bitcoin ETF Rejection
A Bloomberg analyst has raised doubts about a report from Matrixport, a digital asset management firm, which claimed that the US Securities and Exchange Commission (SEC) may reject several pending applications for…
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10 months, 4 weeks agoNigeria's Central Bank Implements Stringent Guidelines for Cryptocurrency Banking
Nigeria’s central bank has issued new guidelines for banks dealing with cryptocurrency accounts, signaling a shift in the country’s approach to digital assets. The guidelines, detailed on the central bank’s offic…
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10 months, 4 weeks agoEnsuring Protection for the Future: Safeguarding Against Dementia and Incapacity
As individuals enter their later years, they often encounter various challenges that can impact their financial well-being. These challenges include the loss of social connections, disruptions to daily routines,…
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bob wrote a new post
10 months, 4 weeks agoOKX Implements New Requirements to Comply with UK Financial Conduct Authority Rules
Crypto exchange OKX has announced that it will implement new requirements to comply with the rules set by the UK Financial Conduct Authority (FCA). Starting from January 8, users in the UK will be required to…
