Cryptocurrency Analysis and News Portal
Andreessen Horowitz, the Silicon Valley-based venture capital firm with $10 billion assets under management, announced the a16z Crypto Startup School, a free seven-week blockchain and crypto learning program. The program will start next year in February.In the announcement, Andreessen Horowitz said that interested individuals will hear from leading technologists and
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Founding managing partner of HCM Capital, the private equity arm of electronics manufacturer Foxconn, Jack Lee, says China’s Central Bank Digital Currency (CBDC) is ready and expects it to launch in two to three months. During an interview with CNBC published on Nov. 11, Lee also suggested that the People's
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Global banking regulator the Basel Committee on Banking Supervision (BCBS) is working to establish how much capital lenders should hold to cover the risks generated by dealing with cryptocurrencies.Business Reporter published the news on Nov. 7 that the Basel Committee — which includes banking regulators from the United States,
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SBI Securities’ trading revenue surged 19.2% in 2019, largely due to the inclusion of the company’s crypto investment wing, which turned a $7.1 million loss into a $30 million profit over the year.Japanese financial services giant SBI Holdings released its new financial report on Oct. 30. The report analyzed
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The institutional digital asset lending firm Genesis Capital released its Q3 report, which shows a growing demand for cash and stablecoin lending.On Oct. 30, Genesis Capital, a spin-off of over-the-counter cryptocurrency broker Genesis Global Trading, reported that the crypto lending firm saw a sustained growth in the lending business
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Over the past week, news broke detailing that Oz Yosef, an executive of the mysterious firm Crypto Capital, has been indicted by the United States for conspiracy to commit bank fraud and conspiracy to operate an unlicensed money transfer service.The news came just days after Crypto Capital’s president, Ivan
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In an effort to set the records straight, the controversial crypto exchange Bitfinex released a statement on Friday, attempting to disengage itself from the Crypto Capital money laundering saga.The Hong Kong-based cryptocurrency firm made it crystal clear that it is, in fact, a victim of the money laundering case. This
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The United States Attorney for the Southern District of New York has indicted Crypto Capital executive Oz Yosef on three criminal counts.An Oct. 23 court filing obtained by CryptoX confirmed that Oz Yosef has been indicted by U.S. authorities on conspiracy to commit bank fraud, bank fraud and conspiracy
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Bitfinex says it was conned. The crypto exchange and sister company of Tether claimed Friday that it was the “victim of a fraud” at the hands of Crypto Capital, a payment processor that allegedly lost $880 million of Bitfinex’s
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Ivan Manuel Molina Lee, the president of controversial Panama-based payments processor Crypto Capital tied to Bitfinex and other major cryptocurrency exchanges, was arrested by Polish authorities.According to local news outlet wPolityce’s report published on Oct. 24, he is suspected of money laundering and being involved in an international drug
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