Category: Crypto
Coinbase counters WSJ claim its Risk Solutions group engaged in $100M proprietary trade
In a blog post, Coinbase said the WSJ seemed to confuse the nature of a transaction earlier this year made using money raised through a structured note that was later sold.
Helium migrates its blockchain to Solana following T-Mobile partnership
The project’s developers cites Solana’s ability to improve efficiency as scalability as reasons for the move.
Utah Man Charged With 7 Felonies in Connection to Alleged $1.7M Crypto Mining Scam
A Utah man has been charged with seven felonies for his alleged role in several financial fraud schemes, including a cryptocurrency mining scam that bilked two customers out of $1.7 million.
Korean crypto bank partners with Blockdaemon to offer retail staking services
In January, Delio was granted Virtual Asset Service Providers (VASP) approval by the Korean Financial Intelligence Unit.
Get ready for a swarm of incompetence at the IRS
The IRS is hiring 87,000 agents, thanks to President Joe Biden’s 2021 infrastructure package, but they won’t be fully trained for three years.
Celsius Might Be Planning to Turn Its Debt Into Crypto ‘IOU’ Tokens
Bankrupt crypto lender Celsius appears to be considering a plan to turn its debt into crypto “IOU” (“I Owe You”) tokens.
Coinflex plans give 65% of company to creditors as part of restructuring proposal
Subject to a vote and court approval, the plan proposed CoinFlex creditors own 65% of the company, while its team members be allocated 15% of the company’s shares.
Alameda Research, Jump Capital Lead $37M Funding for 3Commas Automated Crypto Trading Platform
The CEO of crypto custodian Copper also led the round for the trading bot-driven ecosystem.
INX Debuts Trading Platform for SEC-Registered Security Tokens and Cryptocurrencies
INX will also offer services for investors seeking to raise capital through a security token offering.
Total crypto market cap shows strength even after the Merge and Federal Reserve rate hike
Many of the top-80 cryptocurrencies dropped by 15%+ in the past week, but the Tether premium in Asia-based futures markets shows traders remain calm.