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Ripple CTO David Schwartz Accuses SEC of Mishandling Debt Box Case
5.12.2023
Source: YouTube/UNCHAIN Convention Ripple’s Chief Technology Officer (CTO), David Schwartz, recently criticized the US Securities and Exchange Commission (SEC) via his official X (formerly Twitter) handle, alleging questionable illegal activities in the Debt Box case. I've just read over...
Digital Asset Exchange DigiFT Secures CMS and RMO License from Singapore Monetary Authority
5.12.2023
Image Source: iStock/MasterLu DigiFT, a decentralized exchange for digital assets, has obtained a capital markets services (CMS) license from the Monetary Authority of Singapore (MAS). The license allows DigiFT to engage in capital markets activities, including dealing in securities and units...
NFT Sales Boom in November — Bitcoin Dethrones Ethereum in Market Surge
2.12.2023
Sales of non-fungible tokens (NFTs) experienced a notable surge in November, with a 129.01% increase in sales volume compared to October. Additionally, NFTs created on the Bitcoin blockchain surpassed those on Ethereum in terms of sales this past month. This shift can be attributed to a marked rise...
Immunefi’s November Crypto Losses Show $343M Lost to Frauds and Hacks, CeFi Platforms Account for 53% Losses
30.11.2023
Source: AdobeStock In November, the cryptocurrency industry experienced significant losses, with bug bounty platform Immunefi reporting that over $343 million was lost to platform hacks and fraudulent activities. This marks the highest monthly loss recorded in the emerging industry for 2023....
Philippines Securities Regulator Says Binance Is Operating Without a License
30.11.2023
Crypto exchange Binance is not a registered corporation in the Philippines hence its activities in the country are not above board, the Asian country’s securities regulator has said. The regulator warned of a possible jail term for individuals found enabling Binance’s activities in...
Singapore Proposes Rules to Tighten Crypto Speculation in Retail Markets – Here’s the Latest
23.11.2023
Source: Pixabay / Sasin Tipchai The Monetary Authority of Singapore (MAS) has proposed revised guidelines to curb the growing rate of digital asset speculation in retail markets. In a recent publication, the Central Bank released amended regulations for digital payment token providers and related...
Gold Smugglers in Nepal Caught Exchanging 33kg of Gold for Tether USDT Stablecoin
23.11.2023
Source: AdobeStock / Krakenimages.com An international, organized criminal network has been busted for gold smuggling and using the tether (USDT) stablecoin in its $16 million-worth illegal operations. According to the local media report by The Rising Nepal, the group managed to smuggle 33 kg...
Bitcoin Price Prediction as New CoinShares Report Says BTC Could Hit $140,000 If This One Thing Happens – Here’s What You Need to Know
22.11.2023
Despite the buzz around cryptocurrencies’ potential, Bitcoin (BTC), the world’s most valuable cryptocurrency, experienced a setback, slipping below the $37,000 threshold early Wednesday. This downturn coincides with significant industry news: Binance CEO Changpeng Zhao announced...
Binance Settlements Could End Death-Spiral Fears – And Might Be Good News
22.11.2023
The crypto exchange Binance's expensive deal with U.S. prosecutors this week bears harsh consequences, but could mean a positive outlook for the company in the long term
Crypto Miner Phoenix Group’s IPO Sales 33X Oversubscribed
21.11.2023
Source: Brian Wangenheim/Unsplash Multinational crypto mining and blockchain giant Phoenix Group has achieved a significant milestone in its initial public offering (IPO) raise. According to a press release, the mining company was able to close its IPO raise after investors oversubscribed 33 times...
Bittrex Global to Halt All Trading in December as it Winds Down Operations
21.11.2023
Source: ShutterStock Bittrex Global has announced to wind down most exchange operations and trading activities in the coming weeks. Effective December 4 at 6:00 p.m. UTC, Bittrex Global will disable all trading activity on its exchange and terminate client relationships. Following this date, users...
Bitget Releases Position Grids to Reshape Digital Asset Trading
17.11.2023
Source: AdobeStock / Rafael Henrique Cryptocurrency exchange, Bitget has launched position grids, a trading tool to enable users to take advantage of market fluctuations in a bid to scale up activities. In a recent press release, the exchange announced the integration of its trading tools to...
APEC Meeting: Yellen Acknowledges Digital Assets’ Potential, Announces Regulation Advancements
17.11.2023
U.S. Treasury Secretary Janet Yellen has acknowledged the advantages that the adoption of digital assets might bring to several key economic activities. After the Asia Pacific Economic Cooperation (APEC) finance ministers’ meeting, Yellen stated that while digital assets do pose risks, they...
Fourteen Ukrainian Officials Receive Advanced Crypto Crime Investigation Training
17.11.2023
Source: Pixabay Ukrainian lawmakers and officials have received advanced training on identifying and investigating crypto-related financial crimes. The United Nations Office on Drugs and Crime and the OSCE Economic and Environmental Activities have organized the 4-day course. Fourteen...
NYDFS Releases New Guidelines on Listing and Delisting Crypto on Trading Platforms
16.11.2023
Source: NYDFS The New York State Department of Financial Services (NYDFS), the authority that supervises and regulates activities of financial institutions in the State of New York, has released a guidance that regulate the listing and delisting of cryptocurrencies. The updated guidance, named...
Manny Pacquiao Foundation to Use Shibarium For Fundraising and Operations
15.11.2023
Source: Pixabay Legendary boxer Manny Pacquiao’s philanthropic foundation is set to use the Shiba Inu ecosystem’s blockchain Shibarium for fundraising and operational activities. Shibarium developers told CoinDesk that the Manny Pacquiao Foundation, founded by eight-division World Boxing Champion...
Russian Trade Ministry ‘Develops Tool That Lets Crypto Miners Evade Sanctions’
15.11.2023
Source: Oksana/Adobe Russia’s trade ministry says it has developed a tool that can help crypto miners evade Western sanctions. In a DumaTV post on the RuTube video-sharing platform, lawmakers explained that the Ministry of Industry and Trade had “developed a tool for conducting industrial mining...
Countdown to Ethereum Exposé: Insider Promises Proof of Vitalik Buterin’s Alleged Fraud in 48 Hours
14.11.2023
An insider promises information showing Ethereum co-founder Vitalik Buterin’s purported fraud. Image by FellowNeko, Adobe Stock. An insider with intimate knowledge of Ethereum’s origins has promised to soon reveal alleged fraudulent activities by co-founder Vitalik Buterin. Steven...
Crypto.com’s Dubai’s Subsidiary Secures License from VARA
14.11.2023
Source: Pixabay/Jan Vasek Singapore-based Crypto.com’s subsidiary has secured a Virtual Assets Service Provider (VASP) License from Dubai’s regulator for specified crypto service activities. CRO DAX Middle East, the exchange’s Dubai arm, received the license from Dubai’s Virtual Assets Regulatory...
Glassnode Data Shows Bitcoin Supply Less Liquid Than Ever Despite Market Gains
8.11.2023
The scarcity of the bitcoin supply has tightened, as revealed by the recent Glassnode study on onchain activities. Observations show that the inactivity of coins is touching both multi-year and unprecedented peaks, despite a substantial uptick in bitcoin’s value throughout the current year....