Cryptocurrency Analysis and News Portal
PayPal’s decision last week to embrace crypto may help with mainstream adoption, but it could also mean additional tax work for users unfamiliar with the crypto landscape.Over the next few weeks PayPal will be rolling out buy, sell and hold features for cryptocurrencies on its platform to U.S. users, but
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The Japanese financial group is also mulling other business lines around tokenized securities. Source
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Israeli blockchain company INX Limited got the green light for a security token sale of up to 130 million INX Tokens at a purchase price of
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Multinational media and entertainment conglomerate, WarnerMedia, is joining the blockchain gaming ecosystem via its subsidiary, Turner Sports.The company, which is responsible for sports broadcasts on channels such as TBS, TNT, and TruTV among others, recently announced “Blocklete Games”; a platform which will allow players to collect, train, trade, and compete
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Netherlands-based Blockdata, which provides qualitative insights into the range of large enterprises using blockchain technology, has been acquired by data provider CB Insights. The financial terms of the deal were not disclosed. New York City’s CB Insights will be opening an office in Amsterdam, while Blockdata will remain a standalone product
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WPO, a leading independent European platform for renewable asset management and specialist services is planning to launch its GreenToken Public offering to accelerate the Energy Transition.
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Two related cryptocurrency firms have fallen foul of United States financial regulators for entering into illegal off-exchange swaps in digital assets and foreign currency. On July 13, the U.S. Commodity Futures Trading Commission (CFTC) issued an order filing and settling charges against the two firms. The same day, the U.S. Securities
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The Securities and Exchange Commission and Commodity Futures Trading Commission issued a joint fine to Abra, a crypto portfolio app that let users get synthetic exposure to traditional markets.According to the SEC’s release, Abra effectively offered “security-based swaps” to retail investors without the proper registration, in addition to “failing to
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Shortly after lifting the country’s Telegram ban, Russian authorities began investigating potentially fraudulent offerings involving the company’s unlaunched token, Gram. The token was at one time meant to serve a new blockchain ecosystem known as the Telegram Open Network, or TON.Reports indicate that Russian prosecutors are set to investigate a
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The cryptocurrency derivatives and spot exchange giant, OKEx has introduced two new products to further expand its perpetual swaps portfolio. The platform has recently announced the launch of THETA/USD and THETA/USDT perpetual swaps with increased maker rebates to meet the rising demand for new trading instruments among its trader community.According
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