Tag: Crypto

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JPMorgan sued over alleged $328M crypto Ponzi scheme tied to Goliath Ventures

JPMorgan Chase has been sued by investors in Goliath Ventures, with a proposed class action lawsuit alleging the bank ignored “red flags” that the...

Crypto Trader Loses Nearly $50M in Aave Trade, Protocol Offers $600K Fee Refund

In brief A trader swapping $50 million in USDT for AAVE received only 324 tokens after confirming a slippage warning. At AAVE’s current price of $111.52,...

MiCA rules may leave fewer but stronger crypto firms in Europe, SwissBorg says

The European Union’s recently-adopted Markets in Crypto Assets (MiCA) regulations is beginning to reshape the region’s digital-asset industry, creating new opportunities and barriers for...

Crypto trader loses nearly all of $50 million in one botched DeFi transaction

A crypto user lost roughly $50 million in a single transaction on Thursday after executing a large token swap that triggered massive slippage.Blockchain data...

Paraguay Adopts Stricter Crypto Oversight, Mandates Detailed Transaction On Bitcoin Reporting

Paraguay’s National Directorate of Tax Revenue (DNIT) has issued General Resolution No. 47/26, imposing comprehensive reporting requirements for bitcoin and crypto activity. ...

Why bitcoin and crypto aren’t ready for real-world adoption

For more than a decade, the cryptocurrency industry has promised to reinvent money. Permissionless. Trustless. Borderless. Immune to the recurring failures of traditional finance.Yet,...

Crypto ETFs Extend Inflow Streaks as Bitcoin Adds $115 Million and Ether Adds $57 Million

Bitcoin ETFs extended their inflow streak to a third straight day with $115 million in new capital. Ether ETFs also rebounded strongly, while solana...

Circle (CRCL) outpaces crypto stocks as stablecoin thesis gains momentum: William Blair

Circle (CRCL) has recently outperformed other crypto-linked equities, a move investment bank William Blair said reflects more than shifting macro conditions.“It is tempting to...

Offshore Crypto Exchanges Create Oversight Gaps, FATF Says

A new report from the Financial Action Task Force (FATF) warns that crypto service providers operating offshore pose risks of money laundering, sanctions evasion...

BlackRock debuts staked ether ETF as demand grows for yield in crypto funds

After the first wave of spot ether (ETH) exchange-traded funds launched without staking, BlackRock’s iShares Staked Ethereum Trust ETF (ETHB), one of the industry’s...

Crypto accounting firm Cryptio raises $45 million in Series B funding round

Cryptio, a developer of accounting software for digital assets, raised $45 million in a Series B funding round as financial institutions and corporations expand...

South Korea Moves to Build AI Platform to Monitor Crypto Gains

South Korea’s tax authority is preparing to deploy artificial intelligence to track cryptocurrency investment gains as the government moves closer to implementing a long-delayed...