Hal’s spouse, Fran Finney, aims to preserve the legacy of the Bitcoin pioneer. 2 min read Updated: December 17, 2022 at 1:00 am Cover art/illustration via CryptoSlate The Twitter account belonging to early Bitcoin contributor and adopter Hal Finney has been reactivated after twelve years of inactivity. Finney was the first individual to receive a …
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BDO could become the latest auditing firm to halt or limit services to crypto companies, based on reports from the Wall Street Journal on Dec. 16. A report from the news publication quotes a BDO representative who stated: In common with several other professional service firms, we are currently evaluating our approach to this sector …
Continue reading “Auditing firm BDO could follow Mazars in abandoning crypto clients”
The bill proposed by Elizabeth Warren and Roger Marshall aims to bring cryptocurrency firms into the same league as traditional banks. 2 min read Updated: December 16, 2022 at 9:51 pm Cover art/illustration via CryptoSlate Senators Elizabeth Warren and Roger Marshall have proposed a bill on Dec. 14 to curb money laundering and terrorist and …
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Roberto Campos Neto, president of the Central Bank of Brazil, has stated that the digital real project, the Brazilian central bank digital currency (CBDC) could be launched in 2024. Campos Neto also remarked on the benefits the digital currency system might bring as it is integrated with traditional finance structures and decentralized finance (defi) institutions. …
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Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says the problem with auditing cryptocurrency exchanges, like Binance and FTX, is the same as when he started using a new kind of credit default swap. “Our auditors were learning on the job,” he described, adding that it’s “not a good thing.” Michael …
Roughly seven days ago the owner of Twitter, Elon Musk, disclosed that the social media platform planned to purge 1.5 billion Twitter names if they were inactive or the accounts haven’t logged in for years. After the statement, bitcoiners grew concerned that the now-deceased computer scientist Hal Finney’s Twitter account would be terminated. It seems …
As a result of the current market downturn, the majority of coins in the top 100 list (based on market capitalization) are in the red. […] Go to Source
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 the country’s economic growth, and the LDP, …
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On-chain data shows the number of stablecoin transactions going into spot exchanges have risen recently, something that could help fuel a Christmas Bitcoin rally. Stablecoin Deposits To Spot Exchanges Have Shown Increasing Demand Recently As pointed out by an analyst in a CryptoQuant post, there has been an increasing demand on spot exchanges recently. The …
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Binance, as one of the leading crypto exchanges, tried to exhibit transparency in its operations, especially on the security of customers’ funds. This led it to publish its proof of reserve (PoR) reports. However, the collapse of some firms like Celsius Network, FTX, and others has instilled fear and doubts about crypto exchanges and platforms. …
Continue reading “Glassnode Raises Concerns Over Binance PoR Data, Was There A Mistake?”
MATIC has had a rollercoaster of a year. Its price has fluctuated between cycle peaks and cycle lows year-to-date but has seen some good recoveries as well. However, as the week draws to a close, MATIC dove off its $0.9 cliff, and investor profitability has plummeted right along with it. MATIC Loses 5.6% In 24 …
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Dogecoin (DOGE) has seen some of the worst declines in the last week. The meme coin is already down double-digits during this time and is also recording losses on the daily charts. While this is not out of the ordinary given the current crypto market trend, the digital asset has been pulled below important critical …
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The global chief investment officer of the $285 billion asset management firm Guggenheim Partners is predicting additional crypto fallout following the FTX collapse. In a new interview with Bloomberg Television, Scott Minerd says more crypto casualties are likely due to bubble conditions. “You know, a year ago we were talking about crypto and there were …
The former president of the United States is releasing a non-fungible token (NFT) collection that is thriving on OpenSea. Yesterday, social media was abuzz with the announcement of a new NFT collection from former president Donald Trump. “The official Donald Trump Digital Trading Card collection is here! These limited edition cards feature amazing ART of my Life …
Crypto billionaire Mike Novogratz thinks it’s “really dangerous” to assume all digital asset exchanges are run like the now-imploded FTX. The Galaxy Digital chief executive says in a new interview with CNBC that he always encourages crypto investors to “sell something along the way” to prepare for inevitable volatility. Novogratz also discourages people from suspecting …
