SEC investigates Coinbase over crypto listings and securities concerns July 26, 2022 The SEC is investigating Coinbase over whether it allowed the trading of crypto assets that should have been registered as securities, Bloomberg reported. Coinbase maintains that it does not list securities on its platform, with the crypto exchange’s Chief Legal Officer Paul Grewal tweeting last week, “We 100% disagree with the SEC’s assertion that any [...]
Crypto markets drop again as investors eye incoming interest rate announcement July 26, 2022 Crypto markets drop again as investors eye incoming interest rate announcement
National Crime Agency seized almost £27m in crypto over the past year July 25, 2022 The UK’s National Crime Agency seized £26.9m worth of cryptocurrency from 2021-2022. The law enforcement agency did not report any crypto seizures the year before as it seized £40.1m in physical assets and monies, according to its annual report. It seized £32.9m worth of those assets in 2021-2022. “With no change in the volume of [...]
Crypto Spot Volumes Reach Record Lows for 2022 as Bitcoin Miners Offload Their BTC July 25, 2022 Data from CryptoCompare shows that the price of Bitcoin moved sideways throughout the last week, starting at $22,000 and quickly surging to $24,000, before enduring a correction that took BTC right back to where it started. Ethereum’s ether, the second-largest cryptocurrency by market capitalization, moved slightly upward, starting the week at around $1,500 and moving [...]
Crypto AM Daily in association with Luno July 25, 2022 Bitcoin steady at $22k ahead of US interest rate decision
UK supercar ownership hits record high due to crypto boom: ‘You only live once’ culture drives Lamborghinis sales July 25, 2022 Supercar ownership in the UK has jumped by nearly a fifth, from 15,229 vehicles in 2020 to a record 18,186 in 2021, according to new research shared with City A.M. this morning. Many wealthy individuals have adopted a ‘you only live once’ mindset and have been more keen to spend on luxury items like supercars, [...]
London-based Shares bags $40m to capitalise on retail trading boom July 25, 2022 London investment app Shares revealed it had bagged a $40m funding round today as it aims to tap into a boom in retail trading brought on by the pandemic.
Barclays takes stake in crypto firm Copper July 24, 2022 Barclays is snapping up a stake in the crypto firm advised by former chancellor Lord Hammond in a fresh funding round, according to reports today.
EXCLUSIVE: Revolut’s UK risk and compliance chiefs quit in slew of senior resignations July 22, 2022 Revolut has been hit by a slew of resignations from its UK regulatory and compliance chiefs in the past weeks amid heightened tensions with regulators and delays to the firm’s banking licence, City A.M. has learned.
How airdrops and NFTs are revolutionising the hunt for crypto fraudsters July 22, 2022 Keith Oliver and Amalia Neenan of Peters & Peters issue a musical warning to all the crypto fraudsters out there - it's all over now.