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Flexi Group
Oct 27, 20222 min read
The Singapore Central Bank has proposed regulations for crypto trading and stablecoins
In an effort to lessen the potential of consumer harm from the industry's volatility, Singapore's central bank has proposed additional...
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Flexi Group
Oct 26, 20222 min read
UK Lawmakers Vote to Regulate Crypto Financial Instruments
The lower house of Parliament voted in support of including cryptocurrencies in the scope of activities to be regulated under the...
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Flexi Group
Oct 26, 20223 min read
British pound crisis increases interest in using bitcoin as a hedge
When investors start to hedge with bitcoin, you know as a developed country that your currency is in trouble. Following the release of...
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Flexi Group
Oct 26, 20224 min read
FASB: Fair Value measurement for all crypto assets
At its meeting on October 12, the Financial Accounting Standards Board (FASB) made a provisional decision to mandate fair value...
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Flexi Group
Oct 24, 20221 min read
South Africa takes steps to regulate cryptocurrencies
The South African financial regulator has classed cryptocurrency assets as financial goods, according to a notification published in the...
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Flexi Group
Oct 24, 20222 min read
Binance arrives in Cyprus with CySEC's approval
The Cyprus Securities and Exchange Commission has approved Binance, the largest crypto exchange, as a Crypto Asset Service Provider. Due...
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Flexi Group
Oct 23, 20221 min read
Prime Trust Returns $17M Tokens to Bankrupt Lender Celsius
The assets will be deposited to a designated Celsius wallet, where they will remain for court rulings regarding their distribution....
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Flexi Group
Oct 22, 20222 min read
Over 20% of Cases in the CFTC's 2022 Crackdown Involved Cryptocurrency
In 2022, more than twenty percent of the CFTC's enforcement actions featured cryptocurrency, according to its annual enforcement data. In...
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Flexi Group
Oct 19, 20222 min read
A flurry of firms bet on the attractiveness of a battered bitcoin
A rising number of firms are relying on bitcoin and ether's long-term attractiveness, a risky wager in the midst of a crypto winter....
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Flexi Group
Oct 18, 20221 min read
Portugal's government is considering imposing a tax on cryptocurrency.
Profits from bitcoin trading are currently not taxed in the country unless they are generated from professional or business operations....
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Flexi Group
Oct 18, 20226 min read
Taxpayers have varied feelings about international crypto rules.
Coinbase and Ripple said that global crypto legislation can alleviate compliance concerns, but three service providers are concerned...
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Flexi Group
Oct 14, 20223 min read
Attempting to determine the fair price for an NFT, CoinShares has released an experimental AI bot
An experimental artificial intelligence (AI) bot was made available by the European-based digital asset management platform CoinShares on...
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Flexi Group
Oct 14, 20221 min read
Blockchain.com receives a Singapore license - the second crypto firm to do so in a week
Blockchain.com, a cryptocurrency exchange supported by investors including Lightspeed Venture Partners, announced on Wednesday that...
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Flexi Group
Oct 12, 20223 min read
Bitcoin investors return to the future despite hack concerns
Being a crypto investor is challenging. They have witnessed the value of their investments plummet this year, and many are now worried...
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Flexi Group
Oct 11, 20221 min read
Moon Mortgage, a cryptocurrency lending platform, raises a $3.5M seed round.
Moon Mortgage, a cryptocurrency lending platform, has raised a $3.5 million seed round. The money will be used to finance Moon's...
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Flexi Group
Oct 10, 20222 min read
$100 million hack on Binance
An alleged $100 (€101M) attack has been reported against the major cryptocurrency exchange Binance. The troubled cryptocurrency exchange,...
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Flexi Group
Oct 10, 20223 min read
The effects of the Optus data breach highlight how widespread cybercrime is
Following a hack that exposed the data of 9.8 million current and past customers at Optus, the second-largest mobile phone network...
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Flexi Group
Oct 10, 20221 min read
Blockwater Technologies defaults on a DeFi loan
Blockwater Technologies, a South Korean blockchain investment company, defaulted on a loan from TrueFi, a decentralized lending platform,...
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Flexi Group
Oct 7, 20222 min read
After a "potential exploit" drains an estimated $100M in cryptocurrency, Binance Smart Chain stops.
The world's largest cryptocurrency exchange's blockchain, Binance Smart Chain, put the brakes on operations on Thursday following what it...
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Flexi Group
Oct 6, 20222 min read
20-year jail sentence for NetWalker hacker for ransomware attacks
An American court convicted a Canadian man who participated in ransomware attacks on hospitals, corporations, and government institutions...
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