In a Cease and Desist Order to the bank, the Federal Reserve faulted Citigroup for falling short in various aspects of risk management and internal controls. The regulator cited data management, regulatory reporting, and capital planning as some of the concern areas. Citigroup to pay $400 million fine The order comes alongside another sanction from the Office of the Comptroller of the Currency. The order requires Citigroup to correct practices singled out by the Board....

This is the first time a cryptocurrency exchange is going public and so is a big deal for the industry. In a Bloomberg interview, the CEO of blockchain developer platform Alchemy, Nikil Viswanathan, said the listing would help take blockchain to the mainstream. The listing, according to Nikil, will give legitimacy to the industry and open doors for everyone to participate. A big step in legitimizing blockchain As per Alchemy CEO, the public listing of Coinbase will not only legitimize the space but also give it significant credibility....

Designed and developed in Silicon Valley and manufactured at the firm’s Arizona plant, the Lucid Air is the world’s first 500-mile electric vehicle, containing next-generation efficiency derived from Lucid’s in-house developed and produced powertrain technology. After a snapshot of one of Lucid’s vehicles being transported on a truck was tweeted on October 24 by the company, the stock notably surged to end trading at $26.85 +2.74 (11.36%) on Monday. Currently, the stock is up to $27....

Restricting travel from Europe is necessary, according to President Trump. He said on March 11 that he took these drastic measures to curb the spread of the coronavirus. The ban remains for 30 days starting March 13, but the restrictions do not apply to Britain. 26 European countries are affected by this ban. However, American citizens and permanent legal residents, together with their families, can fly back home but could be directed to specific airports for thorough screening....

The decentralized asset has gained 30% in the previous week, and it is presently trading at $1.51 per coin on Monday, January 17, with a total market capitalization of $50.5 billion. Notably, ADA may have bottomed out in terms of reaching a recent market low, speculates professional cryptocurrency trader Michaël van de Poppe. The Dutch analyst considers that the asset is now showing strength in the market as the sentiment has quickly switched from bearishness in the last month....

A CoinMarketCap cryptocurrency community with a historical accuracy rate of 82% is projecting that ATOM will surge over 23% from its present value to trade at $34.97 by the end of March 2022. The community members betting on the price mark stands at 5,389. Another 4,211 members of the community also project that the token will trade at $34.41 by the end of April, a growth of over 21% from the current value....

Specifically, the community at CoinMarketCap, with a historical accuracy rate of 83% and 3,218 votes, has estimated that the digital currency would trade at an average of $447.63 by the end of April 2022. The forecast price indicates a $1.77 (+0.40%) increase from the DeFi asset’s current value of $445.85. Meanwhile, the votes from 1,331 community members for the end of May have set a higher growth goal than April’s – estimating that the coin would trade at $467....

What is crypto day trading? Essentially, the term “day trader” is derived from the stock market where trading is open only during business days of the week. This implies that day traders don’t leave positions open at night because they intend to capitalize on intraday price movements. The main goal of day trading crypto is to earn profits from small price moves in the market. Cryptocurrencies are volatile in nature and this makes day trading favorable for traders targeting short price swings during the day....

According to LocalCryptos, the planned shutdown of operations was voluntary, citing several reasons, including the general crypto market meltdown and the uncertainty around the regulatory space, the exchange said in a blog post published on October 21. Additionally, the exchange pointed out that ‘personal health matters impacting the development and progression of the marketplace’ contributed to the decision. Timeline for the exit Ahead of the exit, the platform will continue operations as usual until November 4....

The valuation was attained after the company secured a Series B funding of $170 million to become Austria’s first unicorn. Valar Ventures led the latest round of funding with participation from the partners of DST Global. This comes after the company secured another $52 million funding from investors, including Speedinvest, in September 2020. The firm recently upgraded its Austrian PSD2 license to become an investment firm. Bitpanda hits 2 million users Besides the new valuation, Bitpanda has also hit over two million users after an aggressive expansion plan in 2020....

In a blog post published on Medium on Aug. 12, Roxe revealed the names of its new hires who will fill in key marketing, product management, business development and legal roles in the company. The firm said that Esther Sun Jang, Yamini Sagar, Ahmed Elhenawy and Shujah Awan have joined Roxe to spearhead the growth of the company’s payment network, which caters to large remittance markets including Nigeria, Egypt, Turkey, India, Philippines, Mexico, and Brazil....

The whereabouts of CEO Kwon, the focus of a police inquiry, are unclear since he has not been located at the Singapore offices or at his residence. While, local exchanges, apart from Upbit, are maintaining their distance from Terra, according to a report by the Korean outlet heraldcorp on May 25. According to a source, on May 25, Terraform Labs CEO Kwon contacted the top five exchanges that support KRW trading in Korea for about a week after the vote titled ‘Rebirth of Terra Network’ was submitted, saying, “Please list Luna 2....

There is a lot of fun on Snapchat, and most of its users are teens who are on the constant task of gathering more Snapchat friends. On Snapchat, people have various ways through which they can add you as their friend. The question people ask is whether they can know how someone added them on Snapchat. This guide dives into understanding how you can add someone on Snapchat. Also, we will see how to check who added you on Snapchat, add them back, and know how someone added you on Snapchat....

Introduction​​ On December 1, 2014, Estonia was the first country to launch an e-residency program. Also known as a virtual residency, e-residency is a government-issued digital identity and status that provides access to Estonia’s business environment. Since the program’s introduction, e-resident entrepreneurs worldwide have used their e-resident status to establish and run their EU-based companies globally and 100% remotely. Once an e-resident, you will receive a smart ID card to access services otherwise deemed impossible for a non-resident....

In particular, the CEO of Learnoverse and BitDegree, Danielius Stasiulis, officially launched the Metaverse Education Alliance (MEA) at the education side event of MetaExpo Singapore, the Web3 and Metaverse Education, according to information shared with Finbold on November 29. The MEA is a global project that intends to encourage collaboration among top Web3 and Metaverse EdTech operators and relevant stakeholders. At a panel discussion, Taizo Son, CEO of Mistletoe Inc....

A proposal for the casino will be submitted to the local gambling authority by Friday, January 7, according to an Insider report. In addition to the world’s largest cryptocurrency trading floor, they want to build an esports stadium and a facility for events like New York Fashion Week, the US Open, and Fleet Week in their project. Manhattan preferred location for the casino The name “Mirai,” which was selected for the casino, is derived from the Japanese word for “future,” and according to current estimates, the project will cost at least $3 billion; however, the exact figure may vary depending on where it is built, which has not yet been determined....

According to data compiled by the cryptocurrency trading simulator Crypto Parrot, a daily average of 149,843 new unique Ethereum addresses have been created in 2021 on a year-to-date basis. The highest number of addresses was recorded on June 5th at 332,094 amid the cryptocurrency market bull run. Furthermore, within the first two weeks of September, a total of 1,389,999 new unique addresses have been created. Overall, since the inception of the Ethereum network, a total of 169,296,775 new unique addresses have been created....

The high valuation is a direct impact of the increasing adoption of cryptocurrencies in the last six months. Furthermore, the entry of institutional investors, financial services firms, and investment banks in the crypto sector has seen an increased uptake of digital assets among investors. At the same time, under the CoinShares ecosystem, there has also been an accelerated growth of assets under management. Speaking on the milestone, CoinShares Chief Revenue Officer, Frank Spiteri, stated that the firm has seen an increase from institutional investors seeking to know how they can fit cryptocurrencies in their portfolio....

Indeed, Mashinsky, who stepped down from the position of Celsius’ CEO on September 27, has been keeping himself busy by dumping his Celsius (CEL) tokens across multiple crypto wallets, YouTube investigator Coffeezilla tweeted on October 11. CEL dumping continues Since the start of October, Mashinsky has sent almost $1 million in Celsius and USD Coin (USDC) from his wallets to MetaMask and UniSwap, according to data by crypto analytics platform Nansen....

Jan Erik Solem, the Mapillary Chief Executive Officer is also the founder of this Malmö-based startup. He launched the company in 2013 after leaving Apple Inc in 2013. Solem said that his company’s technology will come in handy in powering various products like Facebook Marketplace. Mapillary will also supply data to humanitarian organizations, as reported by Reuters. Earlier, Solem sold Polar Rose, a facial recognition startup, to Apple in 2010....