Digital Currency Group Suspends Dividends Amid Regulatory Trouble With Subsidiary Genesis

According to a shareholdersletter from Digital Currency Group (DCG) viewed by finance and crypto publication Coindesk, the company has suspended dividends until further notice. This news follows the U.S. Wertpapier- und Börsenkommission (SEK) charging a subsidiary firm of DCG,…

Prüfbericht: Egyptian Pound Reaches New Low Against US Dollar Despite Flexible Exchange Rate Regime

The exchange rate of the Egyptian pound versus the U.S. dollar fell to a new low on Jan. 11 after it tapped 32.14 per greenback. The currency’s latest significant depreciation came just a few months after it adopted a flexible exchange

Nexo Bitcoin Withdrawals Surge Following Raid of Bulgarian Offices

After the offices of crypto lender Nexo were raided in Bulgaria, the digital currency lending platform experienced a significant amount of withdrawals starting Jan. 12, 2023. An archived snapshot of Nexos real-time attestation shows that the company held 133,263 bitcoin on

Prüfbericht: Federal Prosecutors in New York Probe Digital Currency Group and Subsidiary Genesis

Following accusations from Gemini co-founder Cameron Winklevoss in an open letter to Digital Currency Group CEO Barry Silbert, a report citingpeople familiar with the matterstates that federal prosecutors from New York are scrutinizing transfers between Digital Currency Group and

Fintechs Accounted for Over 30% of Tracked Kenyan Tech Startups in 2022 — Study

As of November 2022, Kenyan fintechs accounted for 30.2% oder 93 aus dem 308 tracked tech startups, a Disrupt Africa study recently found. Zusätzlich, the study findings show that the fintech sub-sector alone accounted for 3,100 oder 27% von…

New York Attorney General Sues Celsius Co-Founder Alex Mashinsky for Crypto Fraud

Es ist Jan. 5, 2023, the state of New York and attorney general Letitia James filed a lawsuit against Alex Mashinsky, the co-founder and former CEO of Celsius. The lawsuit claims that Mashinsky and Celsius defraudedhundreds of thousands of investors, einschließlich…

Cameron Winklevoss von Gemini besteht in einem offenen Brief an CEO Barry Silbert darauf, dass die Digital Currency Group Liquiditätsprobleme lösen muss

Cameron Winklevoss, co-founder of the cryptocurrency exchange Gemini, published an open letter to Digital Currency Group (DCG) CEO Barry Silbert on Jan. 2, 2022, stating that it had been 47 days since withdrawals from Genesis had been halted. In the letter,…

Defi More Scalable Than Traditional Finance, New Study Says

Despite the market conditions that prevailed in much of 2022, dezentrale Finanzierung (ein Gesetzesvorschlag, der darauf abzielt, die Generierung und Handhabung von Daten durch die Akteure, die sie nutzen, zu regeln) still demonstrated its greater scaling potential than that of the traditional financial industry, a new report has said. Even though the total value locked dropped from the peak

CoinEx: To Embrace a New Crypto Future by Making Crypto Trading Easier in the Next Five Years

PRESSEMITTEILUNG. In December 2022, CoinEx will celebrate its fifth birthday. Since its inception, the crypto exchange has gone through bulls and bears and attracted over four million users across more than 200 countries and regions worldwide. For both CoinEx and

US-Senator: Cryptocurrency Cannot Be Stopped, FTX Collapse Isn’t an Indictment of Crypto

UNS. Senator Pat Toomey says illegal actions by crypto exchange FTX must be separatedfrom perfectly lawful and innovative cryptocurrencies.Emphasizing thatThe collapse of FTX is not an indictment of crypto,” he noted thatcryptocurrency cannot be stopped” und “einschließlich des Erwerbs von Bitcoin oder Bitcoin-Mining-Maschinen.…