Provident Financial News

DOT is still bleeding as the bear market extends for yet another week, with no sign of slowing down. This has especially been the case in the last two days during which selling volumes increased after failing to bounce back.

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

Chainalysis provides data, software, services, and research to government agencies, exchanges, financial institutions, and insurance and cybersecurity companies, helping them to ensure cryptocurrency compliance.Over the last year, the firm has increased its customer count by 75% and now has more than 750 clients in 70 countries. It has tripled its financial services user base, and now counts more than 100 FIs as customers.As it added blue chip outfits like Robinhood, Bank of New York Mellon, Cross River Bank, Commonwealth Bank and NFT platform Dapper Labs, Chainalysis has also hired more than 450 people over the last 12 months, bringing its headcount to around 700.

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

It is offering a business account which provides a ‘Know Your Business’ process for access to GBP/EUR/USD and digital asset wallets. Firms can manage settlement, exchange and payment from a single account interface.This interface also hosts BVNK Yield, where clients can put their capital to work and earn interest; and BVNK Markets for large volume digital asset trades.

Says New York State Department of Financial Services Superintendent Adrienne Harris: "Blockchain analytics tools provide companies with an efficient, data-driven way to conduct customer due diligence, transaction monitoring, and sanctions screening, among other things, which are all critical elements of our virtual currency regulation."We expect regulated entities to utilize best practices to uphold the safety and soundness of the virtual currency market and to protect consumers." Issuing new guidance, the watchdog says New York State-regulated virtual currency companies should establish control measures that may leverage blockchain analytics and that they must have clearly documented policies, processes, and procedures with regard to how these tools are integrated into their control framework.In addition, as part of their customer due diligence responsibilities, firms must obtain and maintain information regarding their customers and potential customers, using this information to understand and effectively address risk.

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

Law firm Linklaters has set out a global menopause policy to provide support for employees going through it, raise awareness and boost retention among women.

The Shiba Inu ecosystem has been experiencing regular network updates, courtesy of its developers.

Hong Kong-based Animoca Brands has announced a partnership with OliveX to run an allowlist campaign for Dustland Runner — the company's move-to-earn game.

Crypto service providers in Belgium must register mandatorily

Do you hold some Dogecoins? Are you an advocate for this meme coin as the ‘future currency of the internet?’ Well, in that case, you should know that in the last 24 hours, the coin recorded a significant spike in its trading volume.

In the last week, while other networks or Protocols complained of either terrible price or on-chain performance and security breaches, the NEAR protocol appeared to have made significant strides according to its weekly newsletter.

Law firm Linklaters has set out a global menopause policy to provide support for employees going through it, raise awareness and boost retention among women.

One of Visa's top executives is leaving the payments giant for a brokerage technology start-up, CNBC has learned.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.

Ondo is building a decentralised investment bank focused on connecting stakeholders in the emerging DeFi ecosystem, including decentralised autonomous organisations (DAOs), institutions, and retail investors. The firm's first offering was a novel primitive for decentralised structured products that offer choice between downside protection and enhanced returns.The company quickly expanded to other use cases, such as its Liquidity-as-a-Service offering, which matches DAOs with underwriters to provide liquidity for a DAO's native token.

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

ALGO pumped by more than 30% last week courtesy of Algorand’s major development. The network revealed a partnership that would make it FIFA’s official blockchain. The announcement might just be the start of a robust growth phase for ALGO but is it big enough to push it back to its previous ATH?