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author

Article by Steven Stradbrooke

EU’s new AML watchdog spells trouble for ‘crypto’ crooks
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18 August, 2022

EU’s new AML watchdog spells trouble for ‘crypto’ crooks

Digital currency businesses will soon face much stricter oversight in the European Union via the formation of a new cross-border...
SaaS tokenization platform Buzzmint secures Ayre Ventures funding
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17 August, 2022

SaaS tokenization platform Buzzmint secures Ayre Ventures funding

Ayre Ventures has thrown its financial support behind Buzzmint to further the development of utility-focused non-fungible token projects.
BitMart loses bid to limit FTC probe of deceptive/unlawful acts
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15 August, 2022

BitMart loses bid to limit FTC probe of deceptive/unlawful acts

BitMart has lost a bid to stymie a U.S. federal probe into its business practices, including its response to the...
Crypto lending platform Hodlnaut, German exchange Nuri latest to fail
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12 August, 2022

Crypto lending platform Hodlnaut, German exchange Nuri latest to fail

The ‘crypto’ collapse continues unabated, with customers of both Singapore-based lending platform Hodlnaut and German digital asset exchange Nuri fearing...
Coinbase loses $1.1 billion, stock compensation gravy train rides on
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10 August, 2022

Coinbase loses $1.1 billion, stock compensation gravy train rides on

Coinbase lost over $1 billion in the second quarter while warning investors that the digital currency exchange expects this current...
Coinbase faces (another) class action, investors brace for Q2 carnage
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9 August, 2022

Coinbase faces (another) class action, investors brace for Q2 carnage

Coinbase has been hit with a class action lawsuit that accuses the struggling digital currency exchange of misleading customers on...
India freezes assets of Binance’s Indian exchange WazirX
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8 August, 2022

India freezes assets of Binance’s Indian exchange WazirX

Binance’s Indian offshoot WazirX has had its assets frozen by the country’s economic criminal investigation unit in yet another reputational...
MicroStrategy posts $1 billion loss in Q2 on bad BTC bet
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3 August, 2022

MicroStrategy posts $1 billion loss in Q2 on bad BTC bet

MicroStrategy also announced that Michael Saylor is giving up his CEO position to take up a new role as Executive...
SEC calls Forsage a ‘fraudulent crypto pyramid and Ponzi scheme’
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2 August, 2022

SEC calls Forsage a ‘fraudulent crypto pyramid and Ponzi scheme’

U.S. securities regulators have charged 11 individuals for creating and promoting the “fraudulent crypto pyramid and Ponzi scheme” that is...
Meta’s profit slides due to big bet on proprietary metaverse
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29 July, 2022

Meta’s profit slides due to big bet on proprietary metaverse

Meta, formerly Facebook, reported its first ever revenue decline in Q2, while profits tumbled by more than one-third as its...
Kraken under US investigation over allegedly violating Iran sanctions
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29 July, 2022

Kraken under US investigation over allegedly violating Iran sanctions

U.S. authorities are reportedly investigating Kraken due to suspicions that the controversial digital currency exchange has violated economic sanctions against...
Helium users fret as revenue fails to keep pace with network growth
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27 July, 2022

Helium users fret as revenue fails to keep pace with network growth

Helium set out to revolutionize ‘decentralized wireless’ networks but the users supporting this network are discovering that the later they...

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