Cryptocurrency

Tether announced on Thursday that it had hired BDO Italia to provide monthly reports of its its asset reserves. The accounting firm has been appointed to publish its reports monthly rather than quarterly by the end of the year, according to Tether. Tether's reserves have long been the subject of scrutiny, especially after a wide sell-off in May fo...

The Houston Texans NFL team has partnered with BitWallet to become the team’s official digital currency wallet. Fans of the NFL team will be able to use bitcoin to purchase single game suites using BitWallet as the intermediary to facilitate the conversion of bitcoin to fiat upon purchase.

A South Korean town near South Korea's capital city of Seoul has been successfully operating a pilot program that allows police to seize crypto from the exchange accounts of individuals with traffic fines.

KFC India on Thursday, August 18 announced that its signature red and white striped bucket is making a debut as an NFT in the digital world. Called the ‘BuckETH’, KFC’s one-of-a-kind single collectible that will be hosted on the OpenSea NFT marketplace. KFC lovers can also participate in a contest to win this one-of-a-kind NFT as a prize.

International Finance Corp, a World Bank affiliate, told Reuters on Wednesday it is backing a blockchain-enabled platform to trade carbon offsets, aiming to attract more support from institutional investors for climate-friendly projects in emerging markets.

eToro, the Israeli online brokering platform, has acquired options trading platform Gatsby in a bid to expand its presence and services in the US. The deal was finalised for $50 million (roughly Rs. 400 crore) in cash and common stock. As part of the deal, the Gatsby team will be subsumed within the eToro brand in the coming days.

Dutch authorities on Friday said they had arrested a 29-year-old man believed to be a developer for the crypto mixing service Tornado Cash, which the United States put on its sanctions list this week.

Investor sentiment appears to have soured a fair bit over the course of the last 24 hours as Bitcoin, Ether and a host of major altcoins all charted significant drops in value despite a strong showing on Wednesday evening.

Crypto broker Genesis Trading on Wednesday named chief operating officer Derar Islim as the interim head and said it had reduced its headcount by 20 per cent.

Coinbase CEO Brian Armstrong has clearly stated that if at all, any regulatory threats begin to shadow the Ethereum’s post-Merge operations, the company would simply shut down Ethereum staking services to preserve the blockchain’s integrity.

The European Central Bank (ECB) on Wednesday announced that it was taking steps to harmonise the assessment of licensing requests. The ECB, which directly regulates top euro zone lenders such as Deutsche Bank, UniCredit and BNP Paribas, said it would examine if crypto activities were in line with a bank's risk "profile", which determines how much c...

Genesis announced on Wednesday that it was cutting 20 percent of its workforce. The crypto broker also announced that it was naming COO Derar Islim as the interim head, who will replace outgoing CEO Michael Moro. The New York-based company is the latest in the cryptocurrency space to be hit by the so-called "crypto winter"

Coinbase may have more instances of insider trading at the cryptocurrency exchange, beyond the first US case involving a former employee, according to a new study. Researchers looked at how tokens also available on decentralized exchanges traded during the 300 hours before Coinbase announced they were going to be added to the platform. Some traders...

Cryptocurrency lending platform Hodlnaut has filed an application with the Singapore High Court, days after the company froze withdrawals, to be put under judicial management which is a form of protection from creditors.

Bankrupt cryptocurrency lender Celsius Network, which disclosed earlier this week that it was running low on cash reserves, said it has received several proposals to inject cash into the company and won approval from a US judge to sell Bitcoin that it mines.

Tether announced on Thursday that it had hired BDO Italia to provide monthly reports of its its asset reserves. The accounting firm has been appointed to publish its reports monthly rather than quarterly by the end of the year, according to Tether. Tether's reserves have long been the subject of scrutiny, especially after a wide sell-off in May fo...

The Houston Texans NFL team has partnered with BitWallet to become the team’s official digital currency wallet. Fans of the NFL team will be able to use bitcoin to purchase single game suites using BitWallet as the intermediary to facilitate the conversion of bitcoin to fiat upon purchase.

A South Korean town near South Korea's capital city of Seoul has been successfully operating a pilot program that allows police to seize crypto from the exchange accounts of individuals with traffic fines.

KFC India on Thursday, August 18 announced that its signature red and white striped bucket is making a debut as an NFT in the digital world. Called the ‘BuckETH’, KFC’s one-of-a-kind single collectible that will be hosted on the OpenSea NFT marketplace. KFC lovers can also participate in a contest to win this one-of-a-kind NFT as a prize.

International Finance Corp, a World Bank affiliate, told Reuters on Wednesday it is backing a blockchain-enabled platform to trade carbon offsets, aiming to attract more support from institutional investors for climate-friendly projects in emerging markets.

eToro, the Israeli online brokering platform, has acquired options trading platform Gatsby in a bid to expand its presence and services in the US. The deal was finalised for $50 million (roughly Rs. 400 crore) in cash and common stock. As part of the deal, the Gatsby team will be subsumed within the eToro brand in the coming days.

Dutch authorities on Friday said they had arrested a 29-year-old man believed to be a developer for the crypto mixing service Tornado Cash, which the United States put on its sanctions list this week.

Investor sentiment appears to have soured a fair bit over the course of the last 24 hours as Bitcoin, Ether and a host of major altcoins all charted significant drops in value despite a strong showing on Wednesday evening.

Crypto broker Genesis Trading on Wednesday named chief operating officer Derar Islim as the interim head and said it had reduced its headcount by 20 per cent.

Coinbase CEO Brian Armstrong has clearly stated that if at all, any regulatory threats begin to shadow the Ethereum’s post-Merge operations, the company would simply shut down Ethereum staking services to preserve the blockchain’s integrity.

The European Central Bank (ECB) on Wednesday announced that it was taking steps to harmonise the assessment of licensing requests. The ECB, which directly regulates top euro zone lenders such as Deutsche Bank, UniCredit and BNP Paribas, said it would examine if crypto activities were in line with a bank's risk "profile", which determines how much c...

Genesis announced on Wednesday that it was cutting 20 percent of its workforce. The crypto broker also announced that it was naming COO Derar Islim as the interim head, who will replace outgoing CEO Michael Moro. The New York-based company is the latest in the cryptocurrency space to be hit by the so-called "crypto winter"

Coinbase may have more instances of insider trading at the cryptocurrency exchange, beyond the first US case involving a former employee, according to a new study. Researchers looked at how tokens also available on decentralized exchanges traded during the 300 hours before Coinbase announced they were going to be added to the platform. Some traders...

Cryptocurrency lending platform Hodlnaut has filed an application with the Singapore High Court, days after the company froze withdrawals, to be put under judicial management which is a form of protection from creditors.

Bankrupt cryptocurrency lender Celsius Network, which disclosed earlier this week that it was running low on cash reserves, said it has received several proposals to inject cash into the company and won approval from a US judge to sell Bitcoin that it mines.