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Phantom Money: Counterfeit Dollar Bills Haunt Istanbul Bazaar

29.11.2024
Fears of counterfeit $50 and $100 bills have disrupted foreign-exchange trade at Istanbul’s Grand Bazaar, with some bureaus halting the purchase of these bills due to issues with identifying fake notes. There are conflicting views on the extent of the problem, with some traders blaming banks...

Analysts: Gold Transactions Fuel Russian Shadow Trading Payments

28.11.2024
Gold would be one of the commodities enabling payments between China and Russia. According to market analysts, the abundant Russian gold stash, representing almost a third of the country’s reserves, could be key in sidestepping the current trade difficulties originated by economic sanctions....

FBI Sting Reveals Bitcoin Scheme Behind Counterfeit Goods Network

28.11.2024
Alan Joseph, a Lancaster, Massachusetts man, was convicted on Nov. 22 for running an unlicensed business that converted cash into bitcoin to aid criminal activities, the U.S. Department of Justice (DOJ) said on Tuesday. Between August 2020 and February 2021, Joseph conducted transactions, including...

FCA Prepares to Regulate Crypto as Awareness Climbs to 93%

28.11.2024
The Financial Conduct Authority (FCA) reports growing awareness of cryptocurrency in the UK, now at 93%, alongside a rise in ownership, which has reached 12% of adults, up from 10%. The average crypto holdings have grown to £1,842, with most new investors relying on family and friends...

Robinhood Crypto Introduces Ethereum Staking for European Users

27.11.2024
Robinhood Crypto has announced the launch of ethereum staking for its European customers, allowing them to earn rewards on their ETH holdings. The platform is offering a limited-time promotion that includes a 100% match on staking earnings, up to €10,000. ETH staking enables users...

South Africa Seeks Input on National AI Policy Framework

27.11.2024
The South African government has published a National Artificial Intelligence (AI) Policy Framework, which aims to guide the development and adoption of AI in the country. The framework outlines strategic pillars, including talent development, digital infrastructure, research, and innovation,...

Digital Assets Platform Nexo Introduces USD, EUR, and GBP Fiat Accounts

26.11.2024
Nexo, a digital assets wealth platform, has announced the launch of personal USD, EUR, and GBP fiat accounts. This new offering provides clients in over 150 countries with a seamless way to conduct bank transfers directly in their name, enabling efficient multi-currency management within a single...

Sui Partners With Babylon to Launch Bitcoin Staking Initiative

26.11.2024
Babylon Labs and Lombard Protocol have jointly unveiled a strategic initiative aimed at integrating Bitcoin with Sui, the Layer 1 blockchain and smart contract platform. This collaboration seeks to onboard bitcoin liquidity into the Sui ecosystem, enhancing decentralized finance (defi) with LBTC...

Pump.fun Halts Live Streaming Amid Content Controversy

25.11.2024
Pump.fun, a decentralized launchpad for meme coins, has suspended its live streaming feature following its reported use to share shocking and controversial videos. The platform, known for enabling users to promote Solana-based crypto token launches through live streams, has faced mounting criticism...

Cloud Mining Company Bitfufu Joins the FTSE Global Micro Cap Index

25.11.2024
Singapore-based cloud mining service Bitfufu (NASDAQ: FUFU) has officially been included in the FTSE Global Micro Cap Index. This milestone not only highlights the company’s growth trajectory but also showcases the rising prominence of bitcoin miners in the global equity markets. Joining...

Still Early: Taylor Swift Remains More Popular Than Bitcoin for Now

25.11.2024
Jon Erlichman, a BNN Bloomberg commentator, recently conducted an informal survey on the streets, asking several people whether they would prefer a ticket to a Taylor Swift concert or a bitcoin. Most of those polled stated they preferred to receive a ticket to see the singer, who has won 14 Grammy...

Coinbase Explores Blockchain Partnership With Kenya’s Safaricom

25.11.2024
Coinbase is reportedly exploring a partnership with Safaricom to enhance M-PESA with blockchain technology. This move aligns with Coinbase’s broader strategy of promoting crypto adoption in Africa, particularly in Kenya and Nigeria. Coinbase is also working with the Kenyan government...

Bitget Now Supports Bank Transfers in Vietnam via QR Codes

25.11.2024
Bitget has announced its integration of bank transfers in Vietnam through QR codes, making it the first exchange to adopt this payment method. This new feature allows users to deposit Vietnamese Dong (VND) and withdraw funds seamlessly, enhancing accessibility to the crypto market. By utilizing...

SEC Push Against Elon Musk Stalls as Judge Denies Sanctions

25.11.2024
A U.S. federal judge declined the SEC’s request to sanction Elon Musk over his absence from a court-ordered testimony related to his $44 billion acquisition of Twitter. Judge Jacqueline Scott Corley ruled sanctions unnecessary as Musk testified on Oct. 3 and reimbursed the SEC $2,923...

New Russian Sanctions May Spike Gas Prices in Europe, Experts Warn

25.11.2024
U.S. sanctions on Gazprombank may disrupt payment processes for Russian oil and gas buyers, potentially increasing energy costs in Europe, according to experts cited by Tass. Analysts warn that seeking alternative payment methods, such as using other banks or currencies, could heighten risks...

French Users Reportedly Blocked From Polymarket Predictions Market

24.11.2024
Social media reports suggest that Polymarket has blocked French users and warned against attempts to circumvent the block. According to one social media post, Polymarket now includes France-based users on its list of restricted users. Claims that Polymarket is now inaccessible to French users...

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