Tag: Cryptocurrency

Indian Law Enforcement Agency Confiscated $1.2 Million In A Scam | Bitcoinist.com

Bitcoinist

India’s financial watchdog, Enforcement Directorate (ED), confiscated $1.2 million in an investigation of a fraud scheme relying on an App-based token, HPZ. Per an official press release published on September 29, several apps offered users to buy the HPZ tokens Read More

Web3 and Crypto Checking Account Startup Juno Raises $18M, Airdrops Reward Token JCOIN – Finance Bitcoin News

Bitcoin.com

Juno, the Singapore-based Web3 crypto firm that offers customers checking accounts tied to crypto assets, has raised $18 million in a Series A financing round led by Parafi Capital. The fresh capital follows the startup’s seed round in 2019 when Read More

Basel Study Shows World’s Largest Banks Are Exposed to $9 Billion in Crypto Assets – Bitcoin News

Bitcoin.com

A first-of-its-kind study published by the Basel Committee on Banking Supervision details that the world’s largest financial institutions are exposed to roughly €9.4 billion (US$9 billion) in crypto assets. The research paper authored by the Basel Committee’s secretariat Renzo Corrias Read More

Solana (SOL) Price Nosedives As ‘Ethereum Killer’ Network Suffers Another Outage | Bitcoinist.com

Bitcoinist

Solana network faltered anew, as the crypto space’s “Ethereum Killer” goes offline courtesy of faulty mechanics in its system. Just this September, co-founder Anatoly Yakovenko admitted during an interview that the outages which continue to plague Solana were the network’s Read More

Despite the Crypto Market Downturn, DAO Treasuries Grew by $700 Million Since January – Defi Bitcoin News

Bitcoin.com

Since January 2022, the entire crypto economy has shed $1.36 trillion in value, as the market capitalization dropped from $2.34 trillion to today’s $979 billion. While the crypto economy is down in value, trade volumes are lower, and the value Read More