The U.S. Department of Justice (DOJ) and the U.S. Securities and Exchange Commission (SEC) have accused a former product manager at cryptocurrency exchange Coinbase of engaging in insider trading. Representatives of these organizations claimed that the former head of one of the departments of the platform, Ishan Wahi, and two of his accomplices earned more...
Cryptocurrency industry experts analyzed the sector and discussed profitability's most successful virtual assets among decentralized finance (DeFi) projects. They emphasized that against the bullish market momentum this week, several digital currencies at once showed a severe increase in the rate from July 15 to July 21, 2021. Experts talked about the three most successful cryptocurrencies in...
According to Bloomberg, Caisse de Depot et Placement du Quebec (CDPQ) invested $150 million in Celsius in October 2021 in a $400 million funding round led by Westcap Investment Partners LLC Mathieu Dion. “We understand that our investment in Celsius raises a number of questions. We also take this very seriously and we will provide further...
Tencent will close Huanhe this week, which has been in operation for less than a year. This was reported in a report by the Shanghai news agency Jiemian. The report said junior managers had been notified of the closure. A second Jiemian report quoted a Tencent insider saying that the Huanhe site had stopped working with business...
Ethereum co-founder Vitalik Buterin announced at the annual EthCC community conference in Paris that he would achieve 100,000 TPS network bandwidth in the future. Speaking at the event, Buterin spoke about the upcoming “Merge” (The Merge), during which the blockchain will switch to the Proof-of-Stake (PoS) consensus algorithm, and presented long-term development prospects. Further updates will include the implementation of sharding...
Specialists from the over-the-counter cryptocurrency platform Cumberland said that the rally in Ethereum in July 2022 was due to fundamental factors and noted clients' increased interest in the asset. “While price movements in the recent past have been technical and largely macro-correlated, the most recent [rally] has been crypto-fundamental: Sepoila’s testnet was successfully transitioned to Proof-of-Stake...
It became known that Google Pay users have opened another way to access the cryptocurrency market, as Crypto.com has integrated its payment functions for purchases in the service. Representatives of the Crypto.com crypto exchange platform have added Google Pay for Android users, opening up the possibility for them to purchase cryptocurrency purchases. Analysts assured that this indicates...
The South Korean government has decided to postpone introducing a 20% tax on cryptocurrency income until January 1, 2025. Authorities said that initially, it is necessary to develop and approve rules to protect investors and only then deal with taxation. The country finally confirmed plans to postpone this initiative, which was planned to be launched...
Marsbase , a decentralized OTC trading platform, has added over 1,000 tokens for P2P transactions on the BNB Chain and Ethereum networks. Shortly, the developers will also add support for NEAR Protocol and Polygon. Marsbase is a decentralized OTC platform for anonymous trading of crypto assets. Its users can participate in auctions and create OTC orders without limits. The platform provides...
Representatives of the Asian fund Kenzo Ventures said their company had become a partner of the Crypto Pirates game developers. The organization will help finance the project for non-fungible token (NFT) holders and create a game that will be available to gamers from all over the world. In the new cryptocurrency startup, users can fight monsters...
