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Flexi Group
Dec 22, 20222 min read
'Core Scientific,' a Bitcoin miner in the United States, has filed for bankruptcy
Core Scientific, one of the top bitcoin miners registered in the United States, has declared bankruptcy. On Wednesday, the Texas-based...
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Flexi Group
Dec 19, 20221 min read
JP Morgan completes its share purchase of Greece's Viva Wallet
The 48.5 percent acquisition of Greek fintech firm Viva Wallet by American banking behemoth JP Morgan has been completed following a...
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Flexi Group
Dec 16, 20221 min read
Germany has called for global regulation of the cryptocurrency business
This week, Germany's top regulator urged for global regulation of the cryptocurrency business in order to safeguard consumers, combat...
55 views0 comments
Flexi Group
Dec 15, 20223 min read
Bahamas 'Dangerous' IT Access Is Warned Against by FTX Bankruptcy Court
Wednesday saw a worsening of the disagreement over access to FTX's computer systems as Judge John Dorsey of the U.S. Bankruptcy Court in...
42 views0 comments
Flexi Group
Dec 15, 20222 min read
Former CEO of FTX, has been charged by SEC with "orchestrating a scheme to defraud equity investors"
Sam Bankman-Fried, the former CEO and co-founder of the cryptocurrency exchange FTX, has been accused by the US Securities and Exchange...
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Flexi Group
Dec 14, 20221 min read
Cyprus watchdog will continue suspending FTX's EU license.
According to a spokeswoman, the Cyprus Securities Regulator will meet next week to discuss whether to extend suspending FTX EU's license....
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Flexi Group
Dec 13, 20222 min read
Sam Bankman-Fried was arrested in the Bahamas before he was charged in the US
The founder of the defunct FTX crypto exchange has been arrested at the request of federal authorities. Sam Bankman-Fried was detained in...
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Flexi Group
Dec 13, 20221 min read
US DOJ split postpones conclusion of Binance criminal investigation
According to reports, US Department of Justice prosecutors are divided over whether the evidence acquired in connection with a criminal...
64 views0 comments
Flexi Group
Dec 9, 20221 min read
A bankruptcy judge in Celsius has ordered the repatriation of some cryptocurrency to customers
On Wednesday, a US bankruptcy judge determined that certain Celsius Network clients should be entitled to their deposits back. This...
42 views0 comments
Flexi Group
Dec 7, 20223 min read
Forget crypto winter; this is a "bloodbath" for bitcoin.
A crypto dealer in Abu Dhabi named Jad Fawaz declares, "I'm nearly bankrupt. I’m laughing because there’s no point in exerting more...
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Flexi Group
Dec 7, 20224 min read
After funding crunch, European tech firms lose $400bn
Investor apprehension poses the first major test of the continent's tech scene since the rise of start-ups Spotify and Revolut. Since the...
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Flexi Group
Dec 5, 20221 min read
Italy intends to tax cryptocurrency in 2023.
Documents published on December 1 indicate that the Italian government will charge a 26% capital gains tax on cryptocurrency income more...
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Flexi Group
Dec 1, 20222 min read
The ECB blog predicts that virtual assets will go "on the road to irrelevance."
Although the European Central Bank has always cautioned against the use of cryptocurrencies, it now seems that it has issued its most...
52 views0 comments
Flexi Group
Nov 29, 20222 min read
Iran sanctions screening oversights result in Kraken paying $362,000
According to the Office of Foreign Assets Control of the Treasury Department, Kraken, a virtual currency exchange,  will pay a fine of...
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Flexi Group
Nov 29, 20222 min read
BlockFi, a cryptocurrency lender, declares bankruptcy in New Jersey
BlockFi, a major cryptocurrency lender, and eight of its affiliates have filed for Chapter 11 bankruptcy protection, the company...
43 views0 comments
Flexi Group
Nov 28, 20221 min read
Genesis, a crypto lender, is being investigated by authorities
According to a statement from the director of the Alabama Securities Commission, state securities officials are looking into Genesis...
40 views0 comments
Flexi Group
Nov 25, 20221 min read
Binance will contribute $1 billion to a cryptocurrency recovery programme
Binance, a cryptocurrency exchange, announced on Thursday that it will invest $1 billion to form an industry recovery initiative (IRI) to...
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Flexi Group
Nov 24, 20221 min read
Singapore Commences Fraud Investigation Into Hodlnaut Cryptocurrency Exchange
The authorities are investigating claims of deception and fraud by the corporation and its directors. According to various reports,...
41 views0 comments
Flexi Group
Nov 23, 20222 min read
Bitcoin falls to its lowest level in two years as the FTX meltdown contaminates the industry
On Tuesday, Bitcoin sank to a 2-year low of $15,480 (€15,050) as other cryptocurrencies followed the negative trend. Cryptocurrencies...
58 views0 comments
Flexi Group
Nov 21, 20222 min read
FINRA will review broker-dealer crypto communications
The Financial Industry Regulatory Authority (FINRA) announced an inspection sweep of broker-dealers' and their affiliates' retail...
64 views0 comments
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