Market Size for Bitcoin Custody Software in 2023 – This market study on cryptocurrency custody software looks at the leading vendors and offers sales data for the major geographical areas. Highlights of the future market potential for cryptocurrency custody software, along with important focal nations and areas for segmenting this industry. For the United States, … Read more
When the New York AG classifies cryptocurrency tokens as securities, ether drops to its lowest level in two months. 10 March (Reuters) The New York attorney general classified the cryptocurrency token Ether as security on Friday, grouping it with assets like stocks and bonds and raising concerns about a broader regulatory crackdown. Ether then dropped … Read more
Bitcoin may have reached new heights during the epidemic, but in 2022 it crashed to the ground. The explosions of Terra-Luna, Celsius, and FTX caused millions of individuals to lose billions. Some cryptocurrency proponents saw an opportunity for the really unique ideas buried under the debris to rise once the industry’s dead weight was released. … Read more
USA Cryptocurrency News – Galois Capital, a cryptocurrency hedge fund, will liquidate its $200 million flagship fund even though 50% of its assets are still on the defunct FTX market. When the Financial Times reported that the fund was shut, the company acknowledged the closure on Twitter on Monday. The fund, which acknowledged that it … Read more
Crypto Exchanges – This month, the Canadian Securities Administrators (CSA) will tighten requirements for cryptocurrency exchanges operating in Canada. This follows the collapse of FTX, among other failings in the crypto industry. The CSA announced midway through last year that it required certain compliance “commitments” from unregistered crypto trading. Cryptocurrency exchanges in Canada will soon … Read more
The revelation that two Stanford luminaries were involved in Bankman-Fried’s bail deal is the latest twist in a case that has captivated Silicon Valley. The federal government has accused Bankman-Fried, a prominent venture capitalist, of defrauding investors in two startups he founded. Two Stanford luminaries are involved in Sam Bankman-Fried’s bail deal, which has captivated … Read more
Crypto exchange Binance Binance’s US partner has confirmed that a trading firm managed by Binance CEO Changpeng Zhao operated as a market maker on its platform. Crypto exchange Binance Reuters reported on Thursday that Binance had secret access to a bank account belonging to its purportedly independent US partner and transferred large sums of money … Read more
Cryptocurrency – The new embassy, located in the city of Austin, will help promote the use of Bitcoin in the region and provide support to businesses and individuals interested in using the cryptocurrency. This follows the successful launch of a Bitcoin Embassy in Lugano, Switzerland, which has been helping to promote Bitcoin adoption in Europe. … Read more
Just a few months later, the bubble burst and the industry went into a tailspin. Cryptocurrency companies grabbed the spotlight during the 2022 Super Bowl, with commercials from a handful of newcomers to advertising’s biggest stage: FTX, Coinbase, Crypto.com, and eToro. Some marketing experts dubbed it the “Crypto Bowl.” A year later, the industry has … Read more
For those who underestimated the risks of investing in cryptocurrency until recently, the collapse of the crypto exchange FTX in late 2023 and its domino effect on other firms was a wake-up call. The leverage and solvency quagmire associated with Alameda Research, the trading arm of FTX, led to its bankruptcy and the arrest of … Read more
