Crypto news

Many former customers of Silicon Valley Bank have come close to falling victim to crypto scams. The cyberthieves seek to garner the victims’ bank account information, which includes their computer data. From there, they target their systems with malware as a means of mining crypto from their computers or stealing whatever digital assets they’ve put away. Silicon Valley Bank Customers Should Watch Out Silicon Valley Bank was one of three banks to be shut down in the past...

[PRESS RELEASE – Tokyo, Japan, April 17th, 2023] Astar Network, a smart contracts platform for multichain, is delighted to announce that its Founder and CEO Sota Watanabe will be presenting at the prestigious Consensus 2023 event in Austin, Texas. He will be taking the stage on Thursday, April 27 at 11:00 – 11:30 CT. Sota Watanabe will be discussing why Japan is embracing crypto while regulators in other leading economies are struggling to figure out how to deal with crypto...

The US government has been very critical of the crypto space, especially over the past few months. Its upcoming actions could trigger potential sell pressure in the near future, even as investors currently do not exhibit any bearish behavior. Prominent analytic firm, CryptoQuant, has identified four important dates – 26 May 2023, 7 August 2023, 19 October 2023, and 30 December 2023 – as there may be extra selling pressure from the United States government’s Bitcoin holdings...

Ethereum has delivered an extremely strong performance by gaining more than 10% since the Shapella upgrade. Ether (ETH) has successfully delivered a very strong performance shooting past $2,100 levels and hitting a new 11-month high. As of press time, ETH is trading at $2,087.83 with a market cap of $249 billion. This strong price performance comes despite more than 1 million ETH being withdrawn from the Ethereum Beacon Chain just within the first four days of the Shanghai hardfork...

With the fall of Silicon Valley Bank and Signature Bank, many people are wondering if crypto played any role in the crumbling of both financial institutions as they were the number two and number three largest bank failures in US history. Is Crypto to Blame? These questions come largely because 2022 was marred by the collapse of FTX, a leading digital currency exchange that within three years, rose through the ranks to become a top five digital currency trading platform....

The surge followed shortly after reports surfaced that THG has now received a buyout proposal from private equity firm Apollo. Shares of THG Plc (LON: THG), formerly known as “The Hut Group,” have seen an unprecedented rise in the last 24 hours, surging by at least 47%, per a Bloomberg report. As of publication, however, THG stock price has slightly re-traced its steps but is still up 36% on the day and is trading at 90 GBX. The development will be a much-welcome one among investors who...

It is becoming a trend that the SEC is choosing enforcement actions over dialogue. The United States-based digital currency trading platform Bittrex is likely the next exchange to face enforcement actions from the Securities and Exchange Commission (SEC). According to a report by the Wall Street Journal, the trading platform has received a Wells Notice from the regulator for key aspects of its operations within the country. According to the notice which is typically issued before...

After Kwon was arrested, the prosecutors indicated that he had paid the law firm before the collapse. As the legal battle between Do Kwon and South Korean prosecutors continues, the prosecutors stated that the CEO of Terraform Labs Do Kwon transferred some money to a law firm before TerraUSD and Luna crumbled. There are reports about the crypto entrepreneur sending 9 billion won ($7 million) to local law firm Kim & Chang just before the demise of the tokens he created. Do Kown is the...

Stock futures in the US climbed as investors brace for a crucial week of quarterly earnings from several large companies across sectors. Wall Street stock futures moved higher amid anticipation of more big bank earnings this week. On Sunday, stock futures tied to the S&P 500 climbed 0.16%, or 6.5 points, with the Nasdaq 100 futures increasing by 0.06%. In addition, futures tied to the Dow Jones Industrial Average (DJIA) also advanced 0.13% or 43 points. The banking sector got off to...

While the key initiatives bordering on the plans of Sega Sammy for the Angry Birds maker are yet to be fully revealed, it can be deduced that the game will be incorporated into the consoles of the company. Japanese gaming giant Sega Sammy Holdings Inc (TYO: 6460) has announced it has made a generous offer to acquire Rovio Entertainment Oyj (HEL: ROVIO), the developer of the much acclaimed Finnish video gaming giant. As reported by CNBC, the deal is worth approximately $776 million and...