Bitrue hacked crypto stolen worth $23 million
The renowned cryptocurrency exchange Bitrue has fallen victim to a hack that has resulted in a loss of around $23 million in cryptocurrency. The manner in...
Tagged: crypto
Pro-XRP Lawyer Warns of More Regulatory “Aggressiveness” Against Crypto Industry If SEC Wins in Ripple Lawsuit
Lawyer and XRP supporter John Deaton warns of a tougher regulatory environment for the crypto industry if the US Securities and Exchange Commission (SEC) wins the...
Mining Ban, ChatGPT Trading, El Salvador
This week in crypto was dominated by mining news as North Carolina sought a temporary ban on crypto mining and the limitations of AI bots whose...
US SEC Poised to Move Against DeFi Oversight as It Reopens Proposed Regulations
The US Securities and Exchange Commission (SEC) may be coming for decentralized finance (DeFi) as it considers reopening a proposal from last year that would now...
Crypto firm HashKey launches wealth management program to meet demand
The Asian continent is witnessing a growing use of crypto-assets. More crypto products and services are emerging to improve users’ experience with digital assets. In a...
SEC’s Gensler criticizes digital asset industry for “ignoring the law” as crypto crash continues
US financial regulators look set to further tighten the screws on the digital asset industry, with Securities and Exchange Commission Chairman Gary Gensler taking the lead...
As Twitter Moves Into Crypto, Musk Continues to Hold Two CEO Chairs – Tesla (NASDAQ:TSLA)
Elon Musk has pushed Twitter into the crypto arena. CNBC reported that starting Thursday, Twitter’s users can buy and sell financial assets as part of the...
Crypto traders say investments fared worse than expected
Kadir Bolukcu | E+ | Getty Images Americans do not have much faith in cryptocurrency. About 75% of people familiar with crypto say they are not...
Crypto holders face tricky tax situations as US taxes are due next week – here’s what you need to know
Source: AdobeStock / adzicnatasa Crypto investors in the US find themselves in difficult tax situations, with many of them still struggling with losses from last year’s...
Compliance professionals fear increasing money laundering of cryptocurrencies
A survey has revealed that 70% of compliance officers feel that crypto money laundering is becoming a major threat and they feel only partially equipped to...