CoinShares revenue surges 110% in Q2, driven by FTX claim sale
CoinShares revenue for the second quarter of 2024 rose to nearly $28.5 million. FTX bankruptcy proceedings generated a return of 116% in the quarter.
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French privacy watchdog questions Worldcoin’s data collection method: Report
The French data protection agency CNIL said that it finds the legality of Worldcoin’s collection methods “questionable” as are its conditions for storing the data. 133 Total views 1 Total shares The French data protection agency, also called the Commission Nationale Informatique & Libertés (CNIL), is reportedly questioning the legality of data collection methods conducted…
What are the Howey test and its implications for cryptocurrency?
What is the Howey test?The Howey test is a legal test used in the United States to determine whether a transaction qualifies as an investment contract and, thus, is considered a security under federal law. The test was established by the U.S. Supreme Court in SEC v. W.J. Howey Co. (1946), and it has since…
Solana chart ‘bull flag’ eyes $250 despite SOL price down 40% since last week
Solana (SOL) price extended its slide on Sept. 17 as a major network outage over the past week — pointing to heightened security risks — hit traders' confidence.The SOL/USD exchange rate fell up to 13.27% to its intraday low of $133.53 in a corrective trend that began after it topped out near $221.38 on Sept…
Gate.io pledges $100M to revive crypto and rebuild investor confidence
With investors moving their funds away from exchanges into self-custody, market liquidity concerns are an immediate threat to struggling crypto businesses. Own this piece of crypto history Collect this article as NFTIn a move to tone down the negative impacts of a bear market and ecosystem collapses, crypto exchange Gate.io launched an industry liquidity support…
International Anti-Money Laundering Standards for Crypto Expected in October
The Financial Action Task Force (FATF) said it is getting closer to the establishment of a global set of anti-money laundering (AML) standards for cryptocurrencies, Financial Times reported September 19.The FATF is an international organization established in 1989 at the initiative of the G7 in order to develop policies and standards to fight money laundering.…
India Back in the Race: Landmark Judgment to Fuel Crypto Adoption
In what is widely being considered a historic day for the crypto industry as a whole, the Supreme Court of India has passed a judgment nullifying the controversial banking ban imposed by the Reserve Bank of India on the country’s local digital currency market. The three-judge bench presiding over the matter — justices Rohinton Nariman, S.…
Report: Blockchain to Increase Royalty Streams to Artists in the Digital Music Industry
An exclusive report shared with Cointelegraph highlights the positive impact that blockchain could have on the music industry. 2199 Total views 45 Total shares The transition of royalty payments into the blockchain should empower artists in the music industry by increasing their bargaining power for asking higher payouts, claims a report that blockchain-based digital music…
Crypto Exchange Bitfinex Unveils Anti-Manipulation Tool ‘Shimmer’
Cryptocurrency exchange Bitfinex deployed its proprietary market surveillance tool to combat market abuse on the platform called “Shimmer.”According to an announcement shared with Cointelegraph on March 24, Shimmer is meant to identify and investigate possible manipulative behaviours and suspicious trading on Bitfinex. The exchange expects that the integration of the tool with its matching engine…