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30 Charged in Japan With Trading $96M-Worth of Crypto Stolen in Coincheck Hack

30 Charged in Japan With Trading $96M-Worth of Crypto Stolen in Coincheck Hack

The around 30 individuals are suspected to have traded cryptocurrency stolen during the $560 million exchange hack in 2018.

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Digital Asset Manager Komainu to Provide Custody of Crypto Seized by UK Police

Komainu will be responsible for providing police across the U.K. with a more “robust” means to store cryptocurrencies.

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SEC Calls Out Suspicious Crypto Companies Targeting Global Traders

The securities regulator added eight suspect crypto entities to its watchlist Thursday.

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Bitcoin Breaks Below $30K, Erasing Almost All of 2021’s Gains

Bitcoin gains in 2021 dropped below 1% as strong selling continues.

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Bitcoin Price Sees Largest Daily Loss in 10 Months

Bitcoin ended Thursday down 13% amid continued selling.

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Sberbank seeks central bank approval for blockchain platform: report

Major Russian state-owned bank Sberbank has sought approval from the country’s central bank for a blockchain-based financial platform.

The post Sberbank seeks central bank approval for blockchain platform: report appeared first on The Block.

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Japan Rallies Behind XRP as Ripple Faces US Litigation

Unlike the U.S., Japan considers XRP to be a cryptocurrency, not a security.

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P2P bitcoin platforms aren’t keeping up with the wider market momentum

Quick Take

  • January 2021 is setting itself up to be a record-breaking month for bitcoin and cryptocurrency market activity
  • Despite centralized and decentralized exchange volumes hitting all-time-highs this month, volumes on peer-to-peer (P2P) exchanges are still lacking
  • The Block Research analyzes the P2P bitcoin markets

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Signature Bank Crosses $10B in Deposits From Crypto Customers

Signature’s $10 billion in deposits from crypto businesses is now double that of rival Silvergate.

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Yellen: US government should consider benefits of cryptocurrencies and digital assets

Treasury Secretary nominee Janet Yellen, who previously headed up the U.S. Federal Reserve, said in written testimony on Thursday that cryptocurrencies and digital assets have the potential to “improve the efficiency of the financial system.”

The post Yellen: US government should consider benefits of cryptocurrencies and digital assets appeared first on The Block.

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