Crypto scammers make off with $1.9bn after surge in DeFi theft August 16, 2022 Crypto hackers made off with $1.9bn in the first seven months of the year after a surge in funds stolen from decentralised finance (DeFi) protocols, according a top crypto analysis firm.
Binance close to being given green light to operate in Kazakhstan August 15, 2022 Binance has been handed preliminary approval to operate as a cryptocurrency exchange in Kazakhstan.
Mark Cuban goes head-to-head with World Mobile CEO over Cardano August 14, 2022 Billionaire entrepreneur and crypto investor Mark Cuban locked horns with World Mobile's CEO Micky Watkins this week.
Abrdn snaps up stake in London crypto startup Archax August 13, 2022 Scottish asset manager Abrdn has bought a stake in the UK’s first regulated crypto trader Archax in a major vote of confidence in blockchain technologies and cryptocurrencies. The acquisition, for an undisclosed sum, will see Abrdn become the crypto startup’s largest external shareholder, the crypto firm said in a statement. Launched in 2018, Archax is [...]
The futurist on sniffing out a good crypto investment August 12, 2022 Jillian Godsil interviews Tom Serres - co-founder of Warburg Serres - on what it takes to make it as a crypto investor.
More than 90 per cent of IFAs would not suggest crypto to clients August 11, 2022 Over 90 per cent of Independent Financial Advisors (IFAs) in the UK would not recommend crypto investments to clients. Following the recent crypto crash that saw prices of major cryptocurrencies plunge, 93 per cent of IFAs say they would not advise clients to invest in crypto, research by strategic insight firm Opinium found. The “crypto [...]
Coinbase posts massive Q2 net losses as downturn bites August 10, 2022 Coinbase – one of the world’s most popular cryptocurrency exchanges – has revealed it suffered a massive $1.1 billion net loss in Q2 2022.
Second yellow for Arsenal over fan token promotions August 10, 2022 Arsenal football club have been rebuked by the ASA which declared it had upheld its ruling against the club relating to NFT promotions.
Coinbase sheds £0.9bn in second quarter as revenues plunge amid crypto crash August 10, 2022 Crypto giant Coinbase lost $1.1bn ($0.9bn) in the second quarter of the year as revenue dropped declined during the crypto crash. $446mn (£365m) of this loss was due to an impairment charge on the exchange’s crypto and venture investments as the “crypto winter” led to plummeting cryptocurrency prices and caused widespread losses across the industry. [...]
Iran side-steps US sanctions with $10m cryptocurrency import August 10, 2022 Iran has officially made its first multi-million dollar import using cryptocurrency as it looks to circumvent US sanctions.