Voyager Customers to Withdraw 35% of Frozen Crypto Assets as Platform Reopens
June 15 (Cointime) - Voyager customers, whose assets were frozen almost a year ago, will soon be able to withdraw around 35% of their crypto. The bankrupt crypto lender's platform is set to reopen between June 20 and July 5, allowing creditors to make withdrawals.
Nasdaq Acquires Software Firm Adenza in $10.5B Deal, Expands Financial Technology Offerings
Nasdaq has announced its acquisition of software application provider Adenza for $10.5 billion in cash and common stock. The move is aimed at expanding Nasdaq's offerings in the financial technology space, with Adenza's cloud-based solutions complementing Nasdaq's existing suite of products and services.
World Economic Forum Declares Crypto and Blockchain Technologies As Integral Part of Modern Economy
The World Economic Forum (WEF) predicts that crypto and blockchain technologies will play a significant role in the modern economy, revolutionizing industries and disrupting traditional systems. The WEF is an international organization that brings together leaders from various sectors to collaborate on global challenges and hosts an annual meeting in Davos, Switzerland.
Russian and Iranian Leaders Discuss Using Tokens To Evade Sanctions and Facilitate Trade
Leaders of the crypto and fintech industry groups in Russia and Iran have held talks on using tokens to evade sanctions and facilitate trade. The discussions took place at the International Exhibition of Financial Industries in Tehran, where a panel featuring Iranian government officials and the Executive Director of the Russian Association of the Cryptocurrency and Blockchain Industry was held.
Winklevoss: SEC Lawsuits Will Alienate an Entire Generation of Would-be Democrats, Warren and Gensler Waging War against Crypto
Cameron Winklevoss, co-founder of Gemini, warns that the regulatory clampdown on crypto in the US led by Senator Elizabeth Warren and SEC Chair Gary Gensler will alienate a whole generation of would-be Democrats. Last week, the SEC sued two of the largest crypto exchanges, Binance and Coinbase.
Crypto Market News: Scimitar Capital's Decision to Liquidate Crypto Holdings Causes Widespread Drop in Altcoin Prices
A crypto proprietary trading firm's decision to liquidate their crypto holdings is rumored to be the cause of the widespread drop in altcoin prices on Saturday. The global crypto market value has decreased by 5.74% in the last 24 hours, with Cardano (ADA) and Solana (SOL) experiencing the biggest losses in value. Scimitar Capital, a crypto trading platform, has announced their decision to liquidate their crypto holdings and return capital to investors, which some believe may have contributed to the market drop. It remains to be seen whether the market will recover over the weekend or continue to decline.
Crypto scammers hijack Twitter accounts of prominent figures, steal almost $1M worth of crypto
A group of scammers has taken over more than eight Twitter accounts belonging to prominent figures in the crypto space to promote phishing scams, resulting in almost $1 million worth of crypto being stolen. Blockchain expert ZachXBT has identified several wallets linked to phishing scams promoted by the hacked accounts. The attacks were likely the result of SIM swaps or potentially stolen with a Twitter admin panel. ZachXBT urges people to use security keys instead of SMS-based two-factor authentication and calls for Twitter Safety to investigate each attack closely.
UK FCA to Prohibit Free NFT and Crypto Airdrops to Promote Investment
The UK Financial Conduct Authority (FCA) will prohibit giving away free non-fungible tokens (NFT) or cryptocurrencies through airdrops to promote investing in digital assets. This is part of the FCA's new marketing rules for crypto, which will take effect on October 8. Under these rules, crypto will be categorized as a "restricted mass market investment" and adverts on crypto will require clear risk warnings. Incentives for the general public to invest in cryptocurrencies will be banned.
Crypto Credit Card Adoption on the Rise in Brazil and Latin America
Credit card adoption is increasing in Brazil, with more Latin American users buying and spending tokens. Brazilians are using crypto to pay in stores, including for everyday purchases like bread and taxi fares.
