Cryptocurrency
Does Google’s New Quantum Chip ‘Willow’ Threaten Bitcoin? The Crypto Community Responds
- Siamak Masnavi
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- 10 Dec 2024
On Dec. 9, Google’s Quantum AI team unveiled Willow, a cutting-edge quantum computing chip that represents a significant milestone in quantum technology. Willow features 105 physical qubits and improved error correction, enabling it to handle computations that challenge even the most powerful supercomputers within known timescales in physics. Google emphasized that this development is a […]
Crypto Market Report for 4 December 2024: Institutional Flows and Market Movements
- Siamak Masnavi
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- 4 Dec 2024
The cryptocurrency market’s evolution continues apace as institutional and retail money flows reshape trading dynamics. With a total market capitalization of $3.73 trillion, both traditional and crypto-native institutions are leaving their mark across multiple market segments. Institutional capital flows most visibly through the growing ETF ecosystem. Bitcoin ETFs have accumulated $104.52 billion in assets, commanding […]
Crypto Sentiment Peaks as Bitcoin Stabilizes Near $95K and DeFi Gains Momentum
- Siamak Masnavi
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- 28 Nov 2024
Bitcoin remains steady at $95,700, just shy of its recent all-time high of $99,645.39 reached six days ago. Ethereum has gained 1.25% in the last 24 hours to trade at $3,566.36, while Solana has cooled to $235.92 after hitting its own peak of $263.21 five days ago. Despite these slight pullbacks, the cryptocurrency market has […]
CNBC’s Jim Cramer Says Crypto Deserves a Place in Your Portfolio
- Siamak Masnavi
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- 27 Nov 2024
Jim Cramer, the outspoken host of CNBC’s “Mad Money,” took time on November 26 to address the public’s reaction to his recent comments about cryptocurrencies. Opening with reflections on his recent series about market froth and excess, Cramer reminded viewers of the importance of securing gains in a volatile market. He urged investors to consider […]
One of Hong Kong’s Largest Digital Banks Now Offers Direct Cryptocurrency Trading
- Siamak Masnavi
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- 25 Nov 2024
Hong Kong’s digital banking sector has reached a significant milestone as ZA Bank, one of the city’s largest digital banks, introduces direct cryptocurrency trading for retail customers. According to a press release issued earlier today, the bank has integrated crypto trading directly into its banking app, initially supporting Bitcoin and Ethereum trading in both HKD […]
Ripple CEO: Scott Bessent “Will Be the Most Pro-Innovation, Pro-Crypto Treasury Sec We’ve Ever Seen”
- Siamak Masnavi
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- 23 Nov 2024
On Friday, President-elect Donald Trump announced hedge fund manager Scott Bessent as his nominee for Treasury Secretary, according to a report by The Wall Street Journal. Bessent, a seasoned investor and founder of Key Square Capital Management, is set to take on a pivotal role in shaping the administration’s economic policies. Bessent, formerly Chief Investment […]
XRP Up 27% Since Ripple CEO Says Trump ‘Is Going to Make Crypto Again in the U.S.’ and Gensler Announces Upcoming Resignation
- Siamak Masnavi
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- 22 Nov 2024
On Wednesday, Ripple CEO Brad Garlinghouse gave an interview to Maria Bartiromo on Fox Business to discuss the impact of the Trump administration’s pro-crypto stance on the digital asset industry, Ripple’s strategy, and regulatory clarity. Garlinghouse explained Ripple’s focus on improving cross-border payments by leveraging blockchain technology and its native digital asset, XRP. He noted […]
Charles Schwab Plans Spot Crypto Trading Under Trump, Says Incoming Rick CEO Wurster
- Siamak Masnavi
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- 21 Nov 2024
Charles Schwab Corporation plans to offer spot cryptocurrency trading once regulations become clearer under the Trump administration, incoming CEO Rick Wurster announced Thursday, according to a report by Paige Smith for Bloomberg. “We will get into spot crypto when the regulatory environment changes, and we do anticipate that it will change, and we’re getting ready […]
Crypto Market Cap Surges Past $3.15 Trillion With Memecoins Leading the Gains
- Siamak Masnavi
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- 14 Nov 2024
The cryptocurrency market has entered a new phase of expansion, with total market capitalization reaching $3.15 trillion amid a 2.6% daily increase. Daily trading volume across the crypto ecosystem stands at $402.3 billion, indicating significant market activity across multiple sectors and asset classes. Bitcoin continues to dominate the market at $91,284.77, demonstrating sustained strength with […]
Arca and BlockTower to Merge, Creating a Major Player in Crypto Asset Management
- Siamak Masnavi
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- 14 Nov 2024
Arca and BlockTower announced on Nov. 13 that they have signed a letter of intent (LOI) to merge their operations, aiming to form a significant force in the field of crypto asset management. According to the release, the combined firm will consolidate its business units under a single brand, while BlockTower Venture Capital will continue […]
Neoclassic Capital Co-Founder on How Trump’s Crypto Policies Could Impact the Market
- Siamak Masnavi
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- 7 Nov 2024
On November 6, CNBC’s MacKenzie Sigalos spoke with Michael Bucella, Co-Founde and Managing Partner at crypto-focused investment firm Neoclassic Capital, on CNBC’s “Power Lunch” to discuss how the crypto market could be impacted by the incoming Trump administration. Bucella explains that Donald Trump, who was initially not supportive of the crypto sector, has recently adopted […]
How Bitcoin Could Reach $3 Million by 2050, Explains VanEck’s Head of Digital Assets Research
- Siamak Masnavi
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- 29 Oct 2024
In his recent appearance on CNBC’s “Squawk Box”, VanEck’s Head of Digital Assets Research, Matthew Sigel, provided an analysis of cryptocurrency markets, their current trends, and the anticipated influence of the 2024 U.S. presidential election on digital assets, especially Bitcoin. Sigel began by talking about Bitcoin’s remarkable climb above $68,000, attributing this growth to a […]
HKEX To Launch Reliable Benchmarks for Bitcoin and Ether Pricing in the Asian Time Zone
- Siamak Masnavi
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- 28 Oct 2024
Hong Kong Exchanges and Clearing Limited (HKEX) has announced the upcoming launch of its HKEX Virtual Asset Index Series, marking a major step in the development of a growing asset class and strengthening Hong Kong’s status as Asia’s leading center for digital assets. Set to debut on 15 November 2024, the Index Series will deliver […]
Consensys Urges Clear Crypto Regulations in Open Letter to Future U.S. President
- CryptoGlobe Writer
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- 24 Oct 2024
On October 23, Consensys, a leading company in the blockchain and Web3 industry, made a strong appeal for clearer digital asset regulations in the United States. This comes amid its ongoing lawsuit against the U.S. Securities and Exchange Commission (SEC), which Consensys accuses of regulatory overreach that hampers innovation. Clarissa Watson, the firm’s Editorial Lead, […]
Crypto Economy Will Grow to $100 Trillion ‘Over the Next 10 Years’, Predicts Real Vision CEO
- Siamak Masnavi
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- 21 Oct 2024
Recently, Raoul Pal, Co-Founder and CEO of financial education platform Real Vision, shared his thoughts on how the growing convergence of AI and blockchain could reshape society and the economy. In an X post on October 19, Pal suggested that as AI increasingly takes over traditional tasks, people may turn to speculation on cultural communities […]
Bitcoin Surges Above $68K, Boosting Crypto Market and Helping Crypto-Related Stocks Like Coinbase, Marathon, and MicroStrategy
- Siamak Masnavi
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- 17 Oct 2024
Bitcoin surged above the $68,000 level on Wednesday, reaching a peak not seen since July 29 and triggering a broader rally across the cryptocurrency sector. Over the past week, Bitcoin has gained 10.6%, while Ethereum (ETH) has climbed by around 9.9%. Other prominent tokens have also followed suit, with Solana (SOL) gaining 10.2%, and Dogecoin […]
Record Crypto Activity in 2024, Led by Solana’s 100M Active Addresses: Report
- Siamak Masnavi
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- 17 Oct 2024
The “2024 State of Crypto” report from a16z Crypto, the cryptocurrency-focused arm of the venture capital firm Andreessen Horowitz (a16z), presents an in-depth look at the significant advancements in the cryptocurrency space, revealing an industry that has not only grown but also evolved in key areas like political relevance, infrastructure, and user adoption. One of […]
U.S. Senator Elizabeth Warren Says if John Deaton Wins Her Senate Seat, He Will ‘Fight for Crypto’ in Washington
- Siamak Masnavi
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- 16 Oct 2024
In a highly charged Massachusetts Senate debate on 15 October 2024, Democratic Senator Elizabeth Warren faced off against her Republican challenger, John Deaton. Crypto regulation became a focal point of their clash, with Warren accusing Deaton of prioritizing the interests of the crypto industry over the needs of working-class Americans. She claimed that 90% of […]
Grayscale’s Proposed ETF Offers Exposure to Bitcoin, Ether, Solana, XRP, and Avalanche
- Siamak Masnavi
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- 16 Oct 2024
Grayscale Investments has filed to convert its Grayscale Digital Large Cap Fund (GDLC) into an exchange-traded fund (ETF), expanding its existing suite of crypto ETFs, according to a report by Helene Braun for CoinDesk. GDLC currently trades over-the-counter and tracks the CoinDesk Large Cap Select Index, offering exposure to five major cryptocurrencies: Bitcoin (BTC), Ether […]
Cryptocurrency Adoption Surges in Latin America, Led by Argentina and Brazil: Chainalysis Report
- Siamak Masnavi
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- 12 Oct 2024
Chainalysis, in a blog post published on 9 October 2024 — based on an excerpt from their recent 2024 Geography of Cryptocurrency Report — revealed that Latin America is the fifth largest region in cryptocurrency activity, contributing 9.1% of the total value received between July 2023 and June 2024. Chainalysis highlighted that the region received […]
Crypto Derivatives Exchange Bitnomial Challenges U.S. SEC Over Jurisdiction in XRP Futures Case
- Siamak Masnavi
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- 11 Oct 2024
On 10 October 2024, Bitnomial Exchange LLC filed a complaint in the United States District Court for the Northern District of Illinois, seeking declaratory and injunctive relief against the U.S. Securities and Exchange Commission (SEC). The complaint centers on what Bitnomial claims is the SEC’s overreach in attempting to regulate its XRP US Dollar Futures […]
U.S. SEC Charges Cumberland DRW for Operating As an Unregistered Crypto Dealer
- Siamak Masnavi
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- 11 Oct 2024
On 10 October, the U.S. Securities and Exchange Commission (SEC) announced that it had filed a civil enforcement action against Chicago-based Cumberland DRW LLC, the crypto-focused subsidiary of DRW Holdings, LLC, a diversified trading firm that engages in proprietary trading across various asset classes. The SEC claims that Cumberland operating as an unregistered dealer in […]
Traditional Hedge Funds Expand Crypto Exposure Amid Regulatory Clarity and Spot ETF Launches: AIMA Report
- Siamak Masnavi
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- 10 Oct 2024
Nearly half of hedge funds traditionally focused on standard asset classes now have exposure to cryptocurrencies, according to an article by Olga Kharif published earlier today by Bloomberg. According to Bloomberg, a recent survey by the Alternative Investment Management Association and PwC found that 47% of hedge funds investing in traditional markets have ventured into […]
U.S. SEC Chair Expresses Doubts About Crypto’s Role as a Mainstream Payment Method
- Siamak Masnavi
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- 10 Oct 2024
At an event at NYU School of Law, U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler expressed skepticism about the future of Bitcoin and other cryptocurrencies as mainstream payment methods, according to a report by Cheyenne Ligon for CoinDesk. Gensler argued that it is unlikely digital currencies will ever play a significant role as […]
U.S. Federal Prosecutors File First-Ever Criminal Charges for Crypto Market Manipulation
- Siamak Masnavi
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- 10 Oct 2024
In a press release issued on October 9 by the U.S. Attorney’s Office for the District of Massachusetts, federal prosecutors announced criminal charges against 18 individuals and entities for engaging in widespread fraud and market manipulation within cryptocurrency markets. These charges mark the first-ever criminal case targeting market manipulation and “wash trading” in the digital […]
Crypto Analyst Says He Has a “Weird” Feeling About the Market: “Something Isn’t Right”
- Siamak Masnavi
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- 9 Oct 2024
Earlier today, a prominent crypto analyst shared his concerns about the current market conditions, expressing that he has a “weird” feeling about the space. Posting on the social media platform X, the analyst explained that although it’s difficult to fully describe, he feels something isn’t quite right with the market. The analyst outlined several reasons […]
Crypto.com Takes Legal Action Against U.S. SEC, Claims Regulatory Overreach
- Siamak Masnavi
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- 9 Oct 2024
On October 8, Crypto.com announced that the company had filed a lawsuit against the U.S. Securities and Exchange Commission (SEC). The exchange explained that the lawsuit is a response to a Wells notice issued by the SEC, which Crypto.com argues is part of the agency’s overreach in regulating the crypto industry. Kris Marszalek, Co-Founder and […]
Bitwise to Convert Three Crypto Futures ETFs to New Rotation Strategies in December
- CryptoGlobe Writer
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- 7 Oct 2024
Bitwise Asset Management announced on Friday plans to convert its three crypto futures ETFs from long-only strategies to a dynamic rotation strategy that balances exposure between cryptocurrencies and U.S. Treasuries based on market trends. The conversion is expected to occur on or around 3 December 2024. According to the press release issued by Bitwise on […]
U.S. SEC Enforcement Chief Gurbir Grewal Steps Down After Years of Targeting Crypto Firms
- CryptoGlobe Writer
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- 3 Oct 2024
The U.S. Securities and Exchange Commission (SEC) announced on 2 October 2024 that Gurbir S. Grewal, the Director of the Division of Enforcement, will depart from his role on 11 October 2024. After his departure, Sanjay Wadhwa, the current Deputy Director, will assume the position of Acting Director, while Sam Waldon, the Division’s Chief Counsel, […]
UK Man Pleads Guilty to Illegally Operating Crypto ATM Network
- CryptoGlobe Writer
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- 1 Oct 2024
A man in the UK, Olumide Osunkoya, has admitted to charges related to the unlawful operation of cryptocurrency ATMs, making him the first individual convicted for such offenses in the country, according to a report by James Hunt for The Block. The press release by the Financial Conduct Authority (FCA), which is the UK’s main […]
Jerry Brito Steps Down as Coin Center Director, Peter Van Valkenburgh Takes Over
- CryptoGlobe Writer
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- 1 Oct 2024
Jerry Brito, the founding executive director of the prominent crypto advocacy organization Coin Center, has announced his decision to step down from his role by the end of the year, according to a report by Jesse Hamilton for CoinDesk. He revealed his plans in a post on the Coin Center website, stating that while he […]
XRP Advocate John Deaton Promises To Fight Against a Fed-Issued Digital Dollar: “A Hill I’m Willing To Die On”
- CryptoGlobe Writer
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- 30 Sep 2024
John Deaton, a well-known attorney and advocate for cryptocurrency, has taken a strong stance against a Federal Reserve-issued central bank digital currency (CBDC) as he campaigns for a U.S. Senate seat in Massachusetts, according to a recent report by Josh O’Sullivan for Cointelegraph. In an interview with Generation Infinity, Deaton made it clear that he […]
Rich Crypto Investor Leaves UK Over Tax Reforms, Moves to Switzerland
- CryptoGlobe Writer
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- 30 Sep 2024
Investor Christian Angermayer has relocated from London to Lugano, Switzerland, citing concerns over the UK’s tax reforms targeting affluent residents. According to a recent report by Ben Stupples, Devon Pendleton, and Emily Nicolle for Bloomberg, Angermayer’s decision follows the UK’s plans to raise taxes on offshore wealth for high-net-worth individuals, which could impact non-domiciled residents who previously benefited […]
Senator Lummis: “Gensler’s Desire To Control Digital Assets Is Alarming”
- CryptoGlobe Writer
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- 27 Sep 2024
During her appearance on CNBC’s “Squawk Box,” Senator Cynthia Lummis of Wyoming provided an insightful take on the regulatory landscape surrounding digital assets, the challenges posed by existing frameworks, and the current state of the 2024 election. Lummis emphasized that, despite the progress seen in the crypto industry, particularly over the last year, the U.S. […]
U.S. SEC Review Propels BNY Mellon Closer to Offering Crypto Custody for Spot Bitcoin and Ether ETFs: Report
- Siamak Masnavi
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- 24 Sep 2024
Bank of New York Mellon Corp. (BNY Mellon) is progressing towards offering custody services for Bitcoin and Ether held by exchange-traded product (ETP) clients, according to a report by Olga Kharif and Lydia Beyoud for Bloomberg News. This comes after a review by the U.S. Securities and Exchange Commission’s Office of the Chief Accountant, which did not […]
Anthony Scaramucci Teams Up with Kamala Harris to Shape Crypto Policy Ahead of 2024 U.S. Presidential Election
- CryptoGlobe Writer
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- 20 Sep 2024
At the TOKEN2049 conference in Singapore, Anthony Scaramucci, founder of SkyBridge Capital, shared that he and a group of cryptocurrency advocates are working directly with U.S. Vice President Kamala Harris to help shape her campaign’s policies on digital assets ahead of the 2024 elections. According to Scaramucci, the group aims to guide Harris and the […]
Binance CEO: ‘Huge Uptick’ in Institutional and Corporate Investors ‘Throughout the Course of This Year’
- CryptoGlobe Writer
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- 19 Sep 2024
Binance has witnessed a 40% increase in institutional and corporate investors joining its platform this year, CEO Richard Teng told CNBC during an interview at the Token2049 conference in Singapore. Teng, who became CEO in November 2023, emphasized that institutional involvement in the crypto space is still in its early stages, as many firms are […]
CryptoQuant CEO Warns of Industry Crisis, Says Crypto Has Lost Its Dopamine Rush
- CryptoGlobe Writer
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- 18 Sep 2024
In a recent post on social media platform X, Ki Young Ju, the founder of CryptoQuant, voiced serious concerns about the state of the Web3 and the broader crypto industry—excluding Bitcoin. Ju emphasized that while Bitcoin remains unaffected, the rest of the crypto space is in crisis due to its failure to generate the same […]
SkyBridge Capital Anthony Scaramucci Predicts Kamala Harris Victory: How it Could Reshape Crypto Regulations
- CryptoGlobe Writer
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- 18 Sep 2024
On September 18, in an interview with CNA’s Asia First, Anthony Scaramucci, founder of SkyBridge Capital and former White House communications director, shared his views on the upcoming U.S. election and its potential impact on the cryptocurrency market. Scaramucci expressed concerns over Donald Trump’s latest venture, World Liberty Financial, a cryptocurrency project that he believes […]
$1 Million Gone in a Flash? Crypto Trader Sees Massive Loss in Under 50 Days
- CryptoGlobe Writer
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- 18 Sep 2024
A cryptocurrency trader has lost more than $1.1 million in less than two months after making a large bet on popular decentralized finance platform MakerDAO (MKR), the entity behind the cryptocurrency-backed stablecoin DAI, in late July. According to data from blockchain analysis service Lookonchain, the trader spent $2.9 million to buy 1,100 MKr tokens in […]
Trump’s World Liberty Financial Unveils $WLFI Token Details Ahead of Public Sale
- CryptoGlobe Writer
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- 17 Sep 2024
Donald Trump took another step into the crypto world during a two-hour event on September 16, when he revealed key details about his DeFi project World Liberty Financial and its upcoming WLFI token. According to reports by The Block and CNBC, while the token has not been launched, its structure and distribution plans were outlined […]
Coinbase Pumps Millions into U.S. Congress as Crypto Gains Political Clout: Bloomberg Report
- CryptoGlobe Writer
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- 16 Sep 2024
Donald Trump has become a prominent figure in the cryptocurrency community, leveraging the support of crypto enthusiasts in his bid for votes and campaign contributions. However, according to a recent Bloomberg report, the biggest names in the crypto industry, like Coinbase Co-Founder and CEO Brian Armstrong, have remained notably absent from his list of financial […]
Crypto Custody: The $300M Goldmine Wall Street’s Eyeing Amid Regulatory Quicksand
- CryptoGlobe Writer
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- 15 Sep 2024
The cryptocurrency market, valued at roughly $2 trillion, has birthed a niche yet crucial service sector: crypto custody. Bloomberg reports this market, currently worth about $300 million, is growing at an estimated 30% annually, catching the attention of traditional financial institutions. Safeguarding digital assets comes at a premium. Hadley Stern, chief commercial officer for Solana […]
Trump Announces Launch Date for World Liberty Financial Crypto Project
- CryptoGlobe Writer
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- 13 Sep 2024
Donald Trump has revealed the official launch date for World Liberty Financial, his family’s new cryptocurrency project, signaling a deeper engagement with the crypto sector. The announcement was made on Thursday afternoon, with Trump inviting supporters to a live event on Twitter Spaces scheduled for September 16 at 8 p.m. ET. A report by Jason […]
State Street and Galaxy Asset Management Launch Three New Crypto-Related ETFs
- CryptoGlobe Writer
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- 10 Sep 2024
State Street Global Advisors and Galaxy Asset Management have introduced a trio of cryptocurrency-related exchange-traded funds (ETFs), according to a Bloomberg report published on Tuesday. These funds are being launched even as investors continue to pull back from spot Bitcoin ETFs, with recent data showing the longest streak of withdrawals on record. Bloomberg reported that […]
88 Top Executives, Including Ripple’s Chris Larsen, Endorse Kamala Harris for President
- CryptoGlobe Writer
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- 9 Sep 2024
According to a report by CNBC, a group of 88 prominent current and former executives, including Chris Larsen, co-founder of Ripple, have endorsed Vice President Kamala Harris for president. Larsen’s endorsement stands out for those in the cryptocurrency industry, as Ripple remains a major player in the blockchain and digital asset space. His support adds […]
Russia Adopts Crypto Mining and International Crypto Payments to Navigate Sanctions Pressure: Chainalysis Report
- CryptoGlobe Writer
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- 9 Sep 2024
According to a recent Chainalysis “Policy and Regulation” report, Russia is taking bold steps to counter Western sanctions by passing legislation that legalizes cryptocurrency mining and allows the use of crypto for international payments. This marks a significant policy shift in the country, where cryptocurrencies were once heavily restricted. Chainalysis stated that the bills, signed […]
Bitcoin ATMs Face Rising Cybersecurity Risks and Scams: CNBC Report
- CryptoGlobe Writer
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- 9 Sep 2024
Bitcoin ATMs have emerged as a convenient way for individuals to buy or sell cryptocurrency, but they have also become a prime target for hackers and scammers, according to a report CNBC published on September 8. While these machines operate similarly to traditional ATMs, the significant value of cryptocurrencies makes them attractive to cybercriminals, who […]
Prominent Economic Analyst Predicts a ‘Bloodbath’ in the Spot Crypto Market
- CryptoGlobe Writer
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- 8 Sep 2024
In arecent episode of The Peter Schiff Show, Peter Schiff discusses the fragile state of financial markets and the looming potential for a collapse. Weak Jobs Report and Market Instability Schiff starts by analyzing the recent non-farm payroll report, which he describes as weaker than the media portrays. Despite this, the report wasn’t weak enough […]
Bitcoin Drops Below $55K Amid U.S. Jobs Report Miss and Recession Fears
- Siamak Masnavi
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- 6 Sep 2024
As of 2:50 p.m. UTC on 6 September 2024, Bitcoin is trading at $54,746, marking a 3.4% drop over the past 24 hours. This significant decline in Bitcoin’s value seems closely tied to the disappointing U.S. jobs data for August 2024, which was released earlier in the day. The broader cryptocurrency market, which typically follows […]
Crypto Is Going To Be the Fiancial Platform for AI, Says Coinbase Developer Platform’s Product Lead
- CryptoGlobe Writer
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- 6 Sep 2024
In an interview with CNBC on September 5, Nemil Dalal, product lead of the Coinbase Developer Platform (CDP), discussed the intersection of artificial intelligence (AI) and cryptocurrency (crypto), describing how Coinbase executed its first AI-to-AI crypto transaction. Dalal noted that AI and crypto are among the most exciting developments in technology today. Crypto’s programmability, which […]
Ethereum’s Struggles in 2024: VanEck Report Unveils Major Challenges
- CryptoGlobe Writer
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- 6 Sep 2024
In this article, we’ll first cover the key highlights from global asset manager VanEck’s “Crypto Monthly Recap for August 2024” report. Then, we’ll take a closer look at VanEck’s detailed analysis on why Ethereum (ETH) has been underperforming relative to other Layer 1 blockchains. Key Highlights from VanEck’s August 2024 Report According to VanEck, the […]
California AG Settles with Robinhood Crypto Over Alleged 2018-2022 Violations in $3.9M Deal
- CryptoGlobe Writer
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- 5 Sep 2024
On 4 August 2024, California Attorney General Rob Bonta announced a $3.9 million settlement with Robinhood Crypto, LLC (Robinhood), following an investigation into alleged violations of California’s consumer protection laws between 2018 and 2022. The investigation centered on claims that Robinhood, during this period, prevented customers from withdrawing cryptocurrency from their accounts and failed to […]
Coinbase’s Chief Legal Officer: ‘We Are Going To See a Pro-Crypto Congress Emerge’
- CryptoGlobe Writer
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- 3 Sep 2024
On September 3, in an interview with Bloomberg TV’s Sonali Basak and Michael Regan, Coinbase Chief Legal Officer Paul Grewal highlighted the approaches of the 2024 U.S. presidential campaigns and the potential implications for the crypto industry. Grewal shared his thoughts on the positions of former U.S. President Donald Trump and current U.S. Vice President […]
FT Report Reveals Telegram’s Heavy Reliance on Cryptocurrency Amid Durov’s Legal Trouble
- CryptoGlobe Writer
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- 2 Sep 2024
The Financial Times (FT) recently published a report detailing the financial state of Telegram, the messaging app founded by Russian-born billionaire Pavel Durov, and cryptocurrency’s significant role in its revenue stream. According to the FT report by Robert Smith and Hannah Murphy, which was published on August 30, Telegram’s 2023 financials, which the publication obtained, […]
Brian Armstrong Says Coinbase Developer Platform Has Had Its First AI-to-AI Crypto Transaction
- CryptoGlobe Writer
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- 31 Aug 2024
On August 30, Brian Armstrong, Co-Founder and CEO of Coinbase, shared a significant milestone in the integration of AI and cryptocurrency, revealing that Coinbase Development Platform (CDP) had facilitated the first-ever AI-to-AI crypto transaction. In this transaction, one AI purchased tokens from another AI, but these were not traditional cryptocurrency tokens; rather, they were words […]
Crypto-Friendly Countries Revealed: Best Places to Live and Invest in 2025, According to Wealthy Expat CEO
- Siamak Masnavi
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- 30 Aug 2024
Rafael Cintron, CEO and Co-founder of second residency and citizenship consultancy firm Wealthy Expat, recently shared his insights on the top 13 crypto-friendly countries for 2025. In his video, he provided a detailed analysis of each country based on various criteria, including tax rates, the ease of buying goods with cryptocurrency, bank friendliness, residency and […]
Robot Ventures Secures $75M for Early-Stage Crypto Fund
- CryptoGlobe Writer
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- 30 Aug 2024
Robot Ventures, an early-stage investor in notable crypto startups such as EigenLayer, Lido Finance, and Flashbots, has announced a new $75 million venture capital fund, according to a report by Muyao Shen for Bloomberg. The crypto venture investing landscape has witnessed a revival this year, fueled by a significant upswing in token prices since their […]
Over $1.2B in Crypto Stolen by Hackers So Far in 2024, Reports Immunefi
- CryptoGlobe Writer
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- 29 Aug 2024
Immunefi, a prominent bug bounty and security services platform for the Web3 ecosystem, plays a crucial role in safeguarding the crypto community by regularly assessing the volume of funds lost due to hacks and scams. The platform is known for its large community of whitehat hackers who meticulously examine blockchain and smart contract code, identify […]
ParaFi Capital Raises $120M to Acquire Stakes in Specialized Crypto Funds
- CryptoGlobe Writer
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- 29 Aug 2024
ParaFi Capital, a digital asset manager based in New York, has successfully raised $120 million from investors, including Theta Capital Management and Accolade Partners, according to a report by Olga Kharif for Bloomberg. The firm, which counts KKR & Co. co-founder Henry Kravis among its backers, plans to use part of the funding to acquire […]