Bitcoin coils between key trend lines as $98K boosts 'Kimchi premium'
Bitcoin is becoming a firm “buy” for investors worldwide as bulls retain Christmas Eve gains.
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Ernst & Young Argues That Crypto Exchange QuadrigaCX Should Be Placed in Bankruptcy
Big Four audit firm Ernst & Young (EY) has argued that the now-shuttered Canadian crypto exchange QuadrigaCX should be placed in bankruptcy instead of being restructured as part of ongoing creditor protection proceedings. EY proposed the course of action in its “Fourth Report of the Monitor” filed with the Supreme Court of Nova Scotia on…
Sen. Warren calls out ‘sham audits’ while SVB threatens crypto bankruptcy
Contrasting her statements against crypto auditors, numerous members highlighted the ongoing collapse of Silicon Valley Bank (SVB), a Federal Deposit Insurance Corporation-insured bank. 590 Total views 12 Total shares Own this piece of history Collect this article as an NFTUnited States Senators Elizabeth Warren and Ron Wyden asked the Public Company Accounting Oversight Board (PCAOB)…
UK cryptocurrency scams jump 23%, young investors prime targets: Lloyds Bank
According to the bank, potential cryptocurrency investors usually make an average of three payments before recognizing they’ve fallen victim to a scam. 204 Total views 13 Total shares One of the Big Four banks in the U.K., Lloyds Bank, has said that reports of cryptocurrency investment scams by victims have surged by 23% in the
South Korea’s Largest Foreign Exchange Bank Files 46 Blockchain-Related Patents
South Korea’s largest foreign exchange bank — Korea Exchange Bank (KEB Hana Bank) — has announced that it has filed 46 patent applications for business models related to blockchain, business technology news website ZDNet reports on Feb. 13.KEB Hana Bank, a part of the Hana Financial Group (HFG) — one of the largest bank holding…
Shiba Wings customers love the food, not so much the crypto, says owner
After a grand opening in March, Australian fast-food diner Shiba Wings has seen plenty of customers walking through the doors for their fried delectables. Their appetite, however, hasn’t translated to crypto payments.The Shiba Inu (SHIB) themed diner first opened its doors in Australia’s beachside city Surfers Paradise on March 18, 2023. Speaking to Cointelegraph, the pseudonymous…
Bitcoin options strategy: How to trade July’s Q2 earnings
The stock market can offer valuable insights into possible Bitcoin (BTC) price movements as a big potential trigger is expected this month. Q2 earnings' numbers due this monthNotably, Q2 earnings' numbers are expected from some of the largest companies in the world in July, including:UnitedHealth, Citigroup and JPMorgan on July 14;Bank of America and Morgan Stanley…
US Treasury Secretary Says Firms Left Libra Due to Compliance Issues
United States Treasury Secretary Steven Mnuchin has attributed the recent spate of firms abandoning Facebook’s Libra stablecoin project to regulatory concerns.On CNBC’s Squawk Box on Oct. 14, Mnuchin stated that companies are abandoning the Libra project because it is “not up to par” with American Anti-Money Laundering standards, saying:“If they don’t meet the standards of…
CoinMarketCap Traffic From Women & Young Adults on the Rise Amid Lockdown
April 17, as part of the BlockDown 2020 online blockchain conference, CoinMarketCap’s Chief Strategy Officer and Interim CEO, Carylyne Chan, presented the company’s report into the cryptocurrency market for the first quarter of 2020.Trends analyzed through market cap and user insightsChan began the presentation by looking at how price and market cap had been affected…