Press Release Financial News
10.08 / 00:13
business
Blockchain
Mining
Press Release
Bitcoin
Riot
Riot Platforms
Bitcoin Miner
Bitcoin miner Riot Platforms trims Q2 loss to $27.7M
Colorado-based Bitcoin mining firm Riot Platforms narrowed its second quarter net loss to $27.7 million as it ramped up its Bitcoin production and reached record hash rate capacity.
31.10 / 23:59
CFTC
regulation
Fraud
us government
Press Release
Commodities Investment
CFTC pays whistleblowers $16M this year for mostly crypto tips
The United States commodities regulator has paid $16 million this year to whistleblowers who gave information leading to successful enforcement actions with a majority of the tips involving crypto.
24.05 / 07:17
business
Blockchain
Web3
Funding
Venture Capital
Press Release
Dispersion Capital launches $40M venture fund to ‘bring Web3 to the masses’
Early-stage venture capital firm Dispersion Capital recently exited stealth to launch a $40 million fund for startups working on infrastructure for Web3 projects.
05.05 / 00:29
business
SEC
coinbase
income
Press Release
share price
Coinbase share price spikes 7.9% as Q1 results beat expectations
Crypto exchange Coinbase managed to significantly narrow its net loss in the first quarter of 2023, due in part to robust earnings from retail investor trading activity.
04.05 / 04:49
business
stocks
Federal Reserve
Press Release
banking system
US regional bank shares sink despite Fed calling banking system 'sound'
Share prices of several United States regional banks tanked in after-hours trading Wednesday, despite Federal Reserve Chairman Jerome Powell calling the banking sector “sound” and “resilient" just hours before.
18.04 / 02:33
regulation
Investments
Scams
cryptocurrency investment
Bitcoin Scams
Press Release
Crypto scams
Lost
Australian
Australian Crypto
Australian crypto scams increased by over 162% with nearly $150M lost
Australians lost $148.3 million (AUD$221.3 million) from investment scams where cryptocurrency was used as the payment method in 2022 — a 162.4% increase from 2021.
05.04 / 01:37
business
Adoption
Mining
Press Release
Bitcoin
Marathon
Marathon Digital posts quarterly record of 2,195 Bitcoin mined in Q1
Bitcoin (BTC) mining firm Marathon Digital reported a quarterly record of 2,195 BTC mined over the first quarter of 2023, currently worth around $62 million.
20.03 / 08:01
business
regulation
us government
Banks
Federal Reserve
Press Release
NOT
FDIC sells Signature Bank deposits to Flagstar, crypto not included
Only a week after its collapse, Signature Bank’s deposits and loans are set to be sold to Flagstar Bank, a subsidiary of New York Community Bancorp — crypto-related deposits however, will not be part of the deal.
09.03 / 16:43
business
Blockchain
Adoption
Assets
Bankruptcy
Press Release
zk
Former Jane Street, PIMCO traders raise $15M for ZK proof-of-solvency protocol
A team of former Jane Street and PIMCO traders have raised $15 million to produce a proof-of-solvency protocol for centralized exchanges, stablecoin issuers and other asset managers in the crypto space, according to a press release from the team shown to Cointelegraph. Called “Proven,” the new protocol allegedly uses zero-knowledge proofs to reveal an institution’s assets and liabilities without revealing the personal data of customers.
02.03 / 02:23
business
Banks
banking
Press Release
Future
Silvergate stock plunges 31% after delayed filing raises doubts over future
Silvergate Bank has announced that it will delay the filing of its annual 10-K report, which has sent its stock price down over 30% after hours.
10.02 / 04:09
regulation
SEC
coinbase
Kraken
Staking
Press Release
Agency
‘Kraken Down’ — SEC commissioner rebukes own agency over recent action
United States Securities and Exchange Commission (SEC) commissioner Hester Pierce has publicly rebuked her own agency over the shut down of Kraken's crypto staking program in the United States.
05.02 / 04:31
business
regulation
Scams
Fraud
us government
Press Release
New Jersey enforces cease and desist orders against three ‘pig butcher’ scammers
The New Jersey Bureau of Securities has ordered three website operators to stop luring romance-seeking victims into their fraudulent cryptocurrency investment schemes.
03.02 / 08:33
business
Mining
MicroStrategy
Press Release
Bitcoin
NOT
Marathon’s first Bitcoin sale in 2 years not the result of distress
The second largest publicly-listed holder of Bitcoin, crypto mining firm Marathon Digital Holdings has offloaded some of its Bitcoin for the first time in two years.
02.02 / 04:23
regulation
Federal Reserve
inflation
Interest rates
Market Capitalization
Press Release
crypto market cap
Crypto market cap jumps $40B as Fed chair Powell hints at 'disinflation'
The total crypto market cap jumped nearly 4% following a speech from United States Federal Reserve Chair Jerome Powell in which he suggested the economy’s disinflationary process has started.
17.01 / 18:23
business
Technology
Press Release
Masa Finance launches soulbound Web3 identity protocol for Ethereum
Masa Finance has launched the first soulbound identity protocol for the Ethereum mainnet, according to a Jan. 17 press release shared with Cointelegraph. The protocol will allow for standardized soulbound tokens to be minted on Ethereum for Know Your Customer verification, credit scores and other use cases.
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