crypto firm – DIGIT INFO

South Korean crypto CEO stabbed in court during Haru Invest fraud trial

DIGIT — Wed, 28 Aug 2024 11:04:08 +0000

The courtroom stabbing comes weeks after a Chinese gang robbed over $2 million worth of crypto at gunpoint in a luxury estate in Thailand.

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Okx Introduces New Ordinals Marketplace Amid Bitcoin Inscription and BRC20 Buzz

DIGIT — Tue, 16 May 2023 14:30:28 +0000

On Tuesday, the crypto firm Okx announced the launch of a new Ordinals marketplace. The platform is accessible via the Okx Wallet and will enable users to mint and trade Ordinal inscriptions and BRC20 tokens. While the Ordinals marketplace is still in its early stages, users can take advantage of the ability to view and […]

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Quicknode Raises $60 Million in Series B to ‘Fuel Blockchain Adoption’ and Expand Globally

DIGIT — Wed, 25 Jan 2023 00:19:47 +0000

Web3 infrastructure firm Quicknode raised $60 million in a Series B funding round, according to an announcement the company made on Tuesday. The capital injection brings the company’s post-valuation to $800 million, and Quicknode says the funds will be used to “further fuel blockchain adoption.” Quicknode Aims to Streamline Web2 to Web3 Movement With $60 […]

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NYDFS Releases Guidance on Importance of Segregation and Separate Accounting for Customer Funds in Crypto Industry

DIGIT — Mon, 23 Jan 2023 20:00:57 +0000

On Monday, the New York Department of Financial Services (NYDFS) published guidance on custodial structures to help protect customers’ money if a crypto firm goes bankrupt. New York’s top financial regulator stressed that businesses should not commingle customer funds and that customer funds should be segregated with separate accounting. FTX Collapse Prompts NYDFS to Issue […]

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Digital Currency Exchange Kraken Acquires Crypto Staking Firm Staked

DIGIT — Thu, 23 Dec 2021 05:00:14 +0000

The digital asset company Kraken announced it has acquired the non-custodial staking platform Staked for an undisclosed sum. While the sum of the purchase was not disclosed, the company claims that it was “one of the largest crypto industry acquisitions to date.” Kraken Acquires Non-Custodial Staking Firm Staked On December 21, Kraken announced that it […]

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Crypto Firm Owners Plead Guilty to Tax Evasion, Face up to 5 Years in Prison

DIGIT — Thu, 14 Oct 2021 03:30:55 +0000

The owners of a cryptocurrency firm that raised approximately $24 million from more than 13,000 investors have pleaded guilty to tax evasion. “These crypto-savvy defendants exploited an emerging technology, lying to their investors, pocketing the proceeds, and concealing the income from the IRS,” said acting U.S. Attorney Chad Meacham. Crypto Firm’s Founders Face up to […]

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