Category: Cryptocurrency

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Match Group Puts Crypto, Metaverse Plans for Tinder on Hold

Online dating giant Match Group is unhappy with one of its leading brands, Tinder, so it’s putting its earlier plans to have the service adopt cryptocurrencies and venture into metaverse-based dating on hold. … Read More: Match Group Puts Crypto, Metaverse Plans for Tinder on Hold  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Singapore High Court Grants Crypto Lender Vauld Temporary Protection From Creditors

Singapore-based Vauld will have some breathing space after the country’s High Court gave its parent company creditor protection for the next three months. The decision comes as the troubled crypto lending platform seeks acquisition by rival Nexo. Vauld to Have 3 Months for Restructuring, Due Diligence by Nexo The Singapore High Court has granted the…
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Brazilian Cop Charged with Duping 23 Fellow Officers in ‘Crypto Pyramid Scam’

A military police officer in the Brazilian state of Goiás is being tried for allegedly scamming fellow officers with a cryptoasset-themed scheme. The media outlet Globo reported that the officer, named as Francisco de Assis Jesus dos Santos Soares de Oliveira, stands accused of defrauding some 23 military police officers to the tune of over…
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SEC Charges 11 People over USD 300M Crypto ‘Pyramid Scheme’

The US Securities and Exchange Commission (SEC) has charged 11 individuals for their roles in an alleged crypto pyramid and Ponzi scheme that raised over USD 300m from millions of investors worldwide, including in the United States…. Read More: SEC Charges 11 People over USD 300M Crypto ‘Pyramid Scheme’  Read more »Pay, Trade, Buy Bitcoin…
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84% of Surveyed Brazilian High Earners Know What Crypto Is

Crypto awareness is on the rise in Brazil, a new survey has found – particularly among higher-earning individuals…. Read More: 84% of Surveyed Brazilian High Earners Know What Crypto Is  Read more »Pay, Trade, Buy Bitcoin with Credit Card

CBOE’s operating expenses spiked 312% due to underperformance of acquired crypto firm

A goodwill impairment from ErisX significantly hurt the company’s GAAP earnings, but otherwise, business results improved from last year. On Friday, Chicago Board Options Exchange (CBOE), the largest options exchange in the United States, announced its second-quarter earnings results. Of particular interest was its total operating expenses, which soared 685% year-over-year from $160.6 million. CBOE…
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Central Bank of Honduras Warns About the Dangers of Using Cryptocurrency

The Central Bank of Honduras has published a release that seeks to clarify the stance the institution takes about the use of cryptocurrencies in the country. The organization states that even with the popularity such instruments have attained in other countries, cryptocurrencies have no backing of any sort, and are also affected by high levels…
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Vinnik to Be ‘Hostage’ in US Amid Russia’s War in Ukraine, Greek Lawyer Says

If extradited to the United States, crypto exchange BTC-e’s alleged operator Alexander Vinnik will become a “hostage” due to the ongoing conflict in Ukraine, according to his Greek lawyer. France is likely to send the Russian back to Greece soon and Zoe Konstantopoulou is trying to prevent his subsequent transfer to U.S. custody. Alexander…
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Central Bank of Uruguay Summons to Binance Due to Its Savings Focused Cryptocurrency Products

The Central Bank of Uruguay has issued a summon to Binance, one of the biggest exchanges in the world, due to the series of crypto-based savings products they are offering in the country. These savings products, according to the bank, can only be made through verified banking institutions or by companies that issue equity in…
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The Right Side of Crypto Regulation: Institutions Need to Avoid Thucydides’ Trap

Anton Chashchin is a Managing Partner at the digital assets platform Bitfrost.io. __________ The days when cryptocurrencies were reserved for the underground are fast becoming history. But the power dynamics in finance are all too familiar…. Read More: The Right Side of Crypto Regulation: Institutions Need to Avoid Thucydides’ Trap  Read more »Pay, Trade, Buy Bitcoin…
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