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Tether Aids DOJ in Seizing $6M in Assets Tied to Crypto Scams

30.9.2024
Tether, a stablecoin issuer, said it has collaborated with the U.S. Department of Justice to seize digital assets worth $6 million stolen from victims of crypto confidence schemes. Tether has assisted law enforcement in various jurisdictions, blocking over two billion dollars in USDT and recovering...

Malicious Crypto-Stealing App Exposed on Google Play

30.9.2024
An app on Google Play was discovered stealing cryptocurrency from users, employing advanced social engineering and trusted protocols. Check Point Research exposed the app after it had siphoned $70,000, deceiving over 150 victims. The attackers used the Walletconnect protocol to appear legitimate...

QCP Capital: Risk Assets Rise on Global Stimulus Outlook 

28.9.2024
According to a weekend market insights analysis provided by QCP Capital, risk assets experienced a notable rally this week, driven by central bank stimulus measures and key political developments. Analysts from QCP highlighted multiple factors contributing to the uptick, including economic support...

Binance Founder CZ Released From US Custody After Serving 4-Month Sentence

28.9.2024
Binance founder and former CEO Changpeng Zhao (CZ) has been released from U.S. custody after serving a four-month sentence for his role in compliance failures at Binance. His sentence followed a plea deal that included a $50 million fine and stepping down as Binance’s CEO. Despite his prison...

Bybit Expands in CIS Region With Kazakhstan License for Crypto Services

28.9.2024
Crypto exchange Bybit has secured a major license in Kazakhstan, marking its expansion in the Commonwealth of Independent States (CIS) region. With its new regulatory approval, Bybit plans to offer a broad range of services including digital asset trading and crypto loans, while emphasizing...

Blackrock Amasses $24 Billion in Bitcoin, Approaches 2% of Total Supply

27.9.2024
From Jan. 11 to Sept. 26, 2024, Blackrock, the world’s largest asset manager, collected an astonishing 363,626.36 bitcoin, valued at just over $24 billion as of Sept. 27. This accumulation puts Blackrock’s exchange-traded fund (ETF), IBIT, on the cusp of controlling nearly 2%...

Dubai Regulator Increases Scrutiny on Crypto Companies

27.9.2024
Dubai’s Virtual Assets Regulatory Authority (VARA) has implemented stricter regulations for crypto companies to enhance investor protection and ensure transparency. The new rules require firms to include risk warnings in marketing materials, obtain necessary licenses, and adhere to compliance...

Paypal Rolls Out Crypto Features for Business Accounts

27.9.2024
Paypal has unveiled a new feature allowing U.S. merchants to buy, hold, and sell cryptocurrency from their business accounts. Although not yet available in New York, this move caters to increasing demand from businesses. Paypal has steadily ramped up its involvement in digital currencies, including...

Mark Cuban: Kamala Harris Opposes ‘Regulation Through Litigation’

27.9.2024
Billionaire Mark Cuban says that Vice President Kamala Harris’ team has told him “in no uncertain terms that they are against ‘regulation through litigation.'” He criticized U.S. Securities and Exchange Commission (SEC) Gary Gensler’s regulation by enforcement...

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