Tag: Crypto

SEBA Bank Launches Offering to Simplify Crypto Banking

[ad_1] SEBA Bank, a Swiss-based digital asset banking platform, has presented a new offering to make cryptocurrency banking easier and to match the needs of traditional and digital investors. According to Monday’s press release, SEBA Bank is introducing three types of exclusive programs that customers can choose between as...
Read More

Coinbase assets now offered on GenTwo’s crypto securitization app

[ad_1] GenTwo Digital, the crypto-asset securitization platform based out of Crypto Valley in Zug, Switzerland, today announced a partnership with Coinbase, the publicly-listed cryptocurrency platform. This new partnership for GenTwo Digital allows all Coinbase crypto assets to be wrapped in bankable financial investment products and enables financial intermediaries to...
Read More

Popular Crypto Analyst Goes Bullish On BTC And AVAX, Here’s What He Said

[ad_1] Due to the Bitcoin (BTC) and crypto market uncertainty, predicting the following trend pattern for crypto assets is usually difficult. However, analysts have always released predictions for most crypto assets. While some projections turned out to be accurate, some still failed to happen as predicted. One analyst became...
Read More

Bulgaria Launches Probe of Crypto Lender Nexo, Raids Offices

[ad_1] Local investigators in partnership with foreign agents raided the Bulgaria offices of the cryptocurrency lending firm, Nexo, on Thursday. Bulgarian business daily Dnevnik reports that a total of 15 offices are being checked with over 300 officials from various agencies working on the case. Additionally, prosecutors have launched...
Read More

SuperRare cuts 30% of staff as growth slows during crypto winter

[ad_1] Non-fungible token (NFT) marketplace SuperRare has announced a 30% staff-member cut as CEO John Crain explained that the firm mistakenly over-hired during the last bull market. In a Jan. 7 tweet, Crain shared a screenshot of his message to SuperRare’s Slack channel announcing the 30% cut, stating that...
Read More

Crypto Downzing Continues as Huobi Plans to Prune Workforce by 20%

[ad_1] The downsizing wave that swept through the cryptocurrency industry in 2022 is still on track as Seychelles-based cryptocurrency exchange, Huobi, has disclosed its plans to prune down its workforce by 20%. Huobi told Reuters on Friday that it intends to maintain “a very lean team” to cope with...
Read More

Morocco finalized crypto regulatory framework: Central Bank

[ad_1] The Kingdom of Morocco may see its first crypto bill introduced “in the following days.” The document is already written by the Central Bank and will be discussed with the industry stakeholders.  On Jan. 3, during the press conference, the Governor of Morocco’s Central Bank, Bank Al-Maghrib (BAM),...
Read More

Top crypto funding stories of 2022

[ad_1] 2022 was a watershed year for crypto venture capital, as investors poured tens of billions of dollars into blockchain-focused startups despite the overwhelmingly bearish trend in asset prices. Is the VC-dominated crypto funding model good for the industry? Only time will tell.  Cointelegraph Research is still in the...
Read More

Alameda wallets funnel over $1.7M via crypto mixers overnight

[ad_1] 30 cryptocurrency wallets linked to Alameda Research, the bankrupt sister company of crypto exchange FTX, became active on Dec. 28 following four weeks of inactivity. These wallets swapped and mixed over $1.7 million worth of crypto assets through various crypto-mixing services. Crypto mixers are often used by market...
Read More

Japanese Government To Ease 30% Crypto Tax Requirement

[ad_1] Presently Japanese crypto firms pay a set 30% corporate tax rate on their holdings, regardless of whether or not they made a profit. Due to this stringent tax law over the past years, some local crypto firms reportedly chose to move their business elsewhere. This development has impacted...
Read More