The US Department of Justice (DOJ) today announced that Satish Kumbhani, the founder of the $2.4 billion crypto scam BitConnect, has been indicted.

Using cryptocurrencies instead of US dollars would be a violation of sanction agreements

The post Russian Financiers Could Turn To Crypto To Sidestep US, European Sanctions appeared first on Blockworks.

Cryptocurrencies have largely traded in tandem with US stocks as of late

The post As Ukraine Crisis Underscores Bitcoin as Risk Asset, Volatility May Be Here To Stay appeared first on Blockworks.

Our weekly fintech round-up for you to get the latest funding news.

Pantera Capital has issued a report claiming the Fed tightening monetary policy combined with moves in debt markets could fuel a new monster rally in Bitcoin. The past two years have seen massive fortunes made in cryptocurrencies and equities as the money printing spurred by the COVID pandemic has lifted nearly every asset class. However, […]

The post Bitcoin at ‘Relatively Inexpensive Place’ according to one Hedge Fund appeared first on Coin Bureau.

On 13 January, Composable Finance celebrated winning Polkadot’s seventh parachain slot auction. The DeFi interoperability protocol was declared a victor with over 9,000 members of the community raising more than six million DOT. However, the celebrations turned sour around a month later. Who are you calling a fraudster? Twitter user “zachxbt” [@zachxbt] is known for reporting […]

In a recent call with investors, executives from the crypto hedge fund Pantera Capital said they believe DeFi assets such as Ethereum could soon break out of their current correlation to traditional macro markets. The market has seen increasing similarities between these two spaces recently. But there’s no guarantee it will continue or even last…

The post Pantera Predicts Correlation Between Bitcoin And Traditional Markets Might Break This Spring appeared first on Bitcoin News Miner.

South Korea’s presidential campaigns have all supported cryptocurrencies as there is a growing number of young crypto investors in the country. (Read More)

Coinbase, one of the leading cryptocurrency exchange platforms globally, has announced partnering with OneRiver Digital Assessment Management. This partnership focuses on institutional-grade wealth managers. The [...]

The separately managed account will be exclusively available for Coinbase Prime users and specifically targets the institutional investor.

From Alchemy to XYO, recapping the latest investments into the sector

The post Funding Roundup: $1.19 Billion Invested in Crypto Companies This Week appeared first on Blockworks.