[ad_1] Net losses was at $1.062 billion this quarter compared to $299.3 million for the second quarter of 2021 Net losses was at $1.062 billion this quarter compared to $299.3 million for the second quarter of 2021 The American business intelligence company MicroStrategy has announced that Michael Saylor, will be stepping down as CEO and […]
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[ad_1] Crypto traders reported that their SOL cryptocurrency and USDC stablecoins had been stolen Crypto traders reported that their SOL cryptocurrency and USDC stablecoins had been stolen Cryptocurrency traders who invested in Solana, the ninth biggest blockchain by market cap, were alerted today to an alleged security exploit which saw thousands of wallets being drained […]
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[ad_1] Robinhood is downsizing because fewer users are trading on its app amid the tumult hammering stock and cryptocurrency markets Robinhood is downsizing because fewer users are trading on its app amid the tumult hammering stock and cryptocurrency markets Robinhood Markets said Tuesday it’s cutting nearly a quarter of its workforce, as crashing cryptocurrency prices […]
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[ad_1] The regulator claimed that Robinhood Crypto did not “devote sufficient resources” to mitigate risks The regulator claimed that Robinhood Crypto did not “devote sufficient resources” to mitigate risks New York State’s financial regulator has fined the cryptocurrency arm of Robinhood Markets Inc $30 million for alleged violations of anti-money-laundering, cybersecurity and consumer protection rules. […]
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[ad_1] Popular metaverse platform Decentraland is launching the world’s first metaverse ATM. Decentraland is a virtual reality platform powered by the Ethereum blockchain. The platform enables users to create, experience, and monetize their content and applications. For context, the metaverse is a blend of offline and online experiences in an interactive digital space, where social […]
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[ad_1] A U.S. banking regulator is urging banks dealing with cryptocurrency companies that they need to make sure customers know which of their funds will be insured by the government in case of collapse, and which have no safety net. The Federal Deposit Insurance Corporation (FDIC) said Friday it is concerned consumers may be confused […]
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[ad_1] As regulators train their sights on stablecoins, what should people know about this asset class As regulators train their sights on stablecoins, what should people know about this asset class The story so far: In early July, the Financial Stability Board (FSB), a body which advises major economies on international finance, promised to push for […]
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[ad_1] It’s not all doom and gloom. Even as the crypto sector shivers in the bleak winter, venture capitalists are pouring money into digital currency and blockchain startups at a pace that’s set to outstrip last year’s record. In the first half of the year, VCs bet $17.5 billion on such firms, according to data […]
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[ad_1] NFT Music Platform Audius confirmed that it was exploited by cybercriminals, costing the crypto company around $6 million. Audius is a music streaming and sharing platform that puts the power back into the hands of content creators, making it a decentralised platform. The platform enables listeners to support artists directly via its native cryptocurrency, […]
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[ad_1] Beijing is strongly encouraging adoption of the e-CNY central bank digital currency with trials and pilot schemes Beijing is strongly encouraging adoption of the e-CNY central bank digital currency with trials and pilot schemes China will fully respect privacy and protect personal information in using the digital yuan, state media quoted a senior central […]
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