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. Comisión Nacional del Mercado de Valores (SEGUNDO) charging a subsidiary firm of DCG,…

Reporte: 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

Reporte: 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 representaron más 30% de las empresas emergentes tecnológicas de Kenia rastreadas en 2022 - Estudiar

As of November 2022, Kenyan fintechs accounted for 30.2% o 93 fuera de 308 tracked tech startups, a Disrupt Africa study recently found. Además, the study findings show that the fintech sub-sector alone accounted for 3,100 o 27% of

El fiscal general de Nueva York demanda al cofundador de Celsius, Alex Mashinsky, por criptofraude

es enero. 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, incluido…

Gemini’s Cameron Winklevoss Insists Digital Currency Group Needs to Resolve Liquidity Issues in Open Letter to CEO Barry Silbert

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, finanzas descentralizadas (definitivamente) 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

MonedaEx: Adoptar un nuevo futuro criptográfico facilitando el comercio de criptomonedas en los próximos cinco años

PRESIONE SOLTAR. En diciembre 2022, CoinEx celebrará su quinto cumpleaños. Desde su concepción, el intercambio de cifrado ha pasado por alcistas y bajistas y ha atraído a más de cuatro millones de usuarios en más de 200 países y regiones del mundo. Tanto para CoinEx como…

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

A NOSOTROS. 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” y “la…