Thu, September 24

Lazarus Hacking Group Targeting Japanese Crypto Firms

The alert was given in a document published on Saturday by the National Police Agency. The North Korean Lazarus hacking gang is now utilizing false job postings. Japanese officials have issued a warning, citing intelligence that the Lazarus group of North Korea is specifically targeting firms in Japan. Especially that

October 17, 2022 2 mins read

Popular Investing App Stash Secures $52.6M in Debt Offering

The company distinguishes itself by catering to long-term investors. Stash raised the whole $52.6 million from twelve investors, meeting its goal for the offering. According to a recent filing with the U.S. Securities and Exchange Commission (SEC) on Friday, popular investing app Stash Financial Inc. has raised $52.6 million in

October 17, 2022 1 min read

Kevin O’Leary Believes the Stablecoin Transparency Act Will Boost BTC

As per O’Leary, if the Stablecoin Transparency Act is passed, the BTC price will go up. The Act will probably be passed by the US Congress after the midterm elections. Kevin O’Leary, the Canadian businessman and chairman of O’Shares Investments has a recent update regarding Bitcoin’s potential price movements. In

October 17, 2022 1 min read

Will the Cryptocurrency Market Get Back on Track?

The 24 hours global cryptocurrency market volume has decreased by 99.93%. Recently, Google announced it will accept crypto as payment for its cloud services. Still, the global cryptocurrency market is facing volatility. The most prominent cryptocurrency Bitcoin (BTC), decreased by more than 72% from its all-time high. Following that, the

October 17, 2022 2 mins read

CFTC Commissioner Plans to Define Retail Investors

She stated her intention to offer a new retail investor definition. Christy would begin by posting a more casual idea on the website and soliciting feedback. Given that the CFTC is expected to assume responsibility for spot crypto trading. Commissioner Christy Goldsmith Romero has said that the agency has to

October 17, 2022 2 mins read

UK FCA Appoints Binu Paul as New Digital Assets Department Head

To legally operate in the UK, crypto businesses need to get FCA-authorization. Paul served as the Financial Markets Authority of New Zealand’s lead fintech specialist. Binu Paul has been named the new head of digital assets at the Financial Conduct Authority, the primary financial regulator in the United Kingdom. Previously,

October 16, 2022 2 mins read

Crypto Service Providers Restrict Russians Amid Recent Sanctions

Crypto.com had added Russia to the list of nations it would not provide service. Bitmex, another marketplace, will also implement new limits. A number of service providers in the sector have made efforts to comply with the new restrictions imposed around a week after the European Union approved another set

October 16, 2022 2 mins read

Market Maker Wintermute Clears $92 Million Debt of TrueFi

Wintermute borrowed $92.5 million for a duration of 180 days. Now Wintermute owes $75M to Maple Finance and Clearpool. Concerns about paying back $189.4 million in debt arose when crypto market maker Wintermute lost $160 million in a hack. Excitingly, on Oct. 15, Wintermute repaid a $92 million Tether (USDT)

October 16, 2022 1 min read

Former Morgan Stanley CEO John Mack on Cryptocurrency

John Mack, a former CEO of Morgan Stanley, discussed cryptocurrencies in an interview. From June 2005 to January 2010, Mack served as the global investment bank’s chief executive.  The former Morgan Stanley executive also talked about whether Wall Street will eventually be all digital. “You’ve got to make sure it’s

October 16, 2022 1 min read

MetaMask Now Supports Instant Crypto Purchase Via Bank

The parent company of the popular cryptocurrency wallet MetaMask, ConsenSys, has announced an integration with the fintech business Sardine that would make it simpler for customers to convert cash into cryptocurrency. Instead of waiting for their funds to clear, MetaMask users may now quickly fund their cryptocurrency wallets with bank

October 15, 2022 2 mins read