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Blockstream CEO Adam Back Criticizes MicroStrategy Short ETF as ‘Terrible Product’
8.4.2024
Blockstream CEO Adam Back chastised the recently released Defiance 2X Short MSTR ETF (exchange-traded fund). According to the SEC statement, the Defiance ETF, which was proposed on March 7, was filed under the TIDAL TRUST II financial organization.
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Binance: Detained Executive Lacks Decision-Making Authority, Must Be Released
4.4.2024
Tigran Gambaryan, the Binance employee detained by Nigerian authorities, is a stringent law enforcement professional with no decision-making authority, according to the crypto exchange. Through his Financial Crime Compliance (FCC) team, Gambaryan has responded to more than 600 information requests...
BlockDAG’s presale raises $11.6M! BitTorrent price witnesses surge and VENOM Blockchain mainnet released!
2.4.2024
With the launch of VENOM Blockchain’s mainnet poised to revolutionize DeFi and BitTorrent’s predicted price surge thanks to technological enhancements and increased adoption, the spotlight turns to BlockDAG’s impressive presale performance raising $11.6 million alongside...
Hancom Scion Released on Bail in South Korean ‘Crypto Slush Fund’ Probe
27.3.2024
A South Korean court has released the son of software giant Hancom Group’s Chairman on bail as prosecutors continue to probe an alleged “crypto slush fund.”
The post Hancom Scion Released on Bail in South Korean ‘Crypto Slush Fund’ Probe appeared first on Cryptonews
UK Government-Backed Technology Group Encourages Tokenization Collaboration Among Firms
26.3.2024
A new report released on Tuesday outlines the recommendations of a technology working group supported by the UK government, which encourages companies to adopt tokenization strategies in collaboration with their industry peers.
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Get Started in AI and NFTs with the Limewire API (Sponsored)
25.3.2024
AI media creation has expanded to incredible video art and a host of other important improvements, and LimeWire is leading the way in creating an awesome interface for the average user to become an AI artist. Limewire has just released its Developer API, a method for engineers like us to create...
Do Kwon Released From Montenegrin Prison on Bail; Terraform Labs' Civil Trial Begins in NYC
25.3.2024
Do Kwon Released From Montenegro Prison With Extradition Verdict Still Underway: Report
25.3.2024
Do Kwon was released from prison in Montenegro on Saturday as the Supreme Court deliberates on extradition requests from the United States and South Korea, according to a Bloomberg report citing prison officials.
The post Do Kwon Released From Montenegro Prison With Extradition Verdict Still...
Sweden’s Riksbank Releases Final Report on CBDC Project
21.3.2024
Sweden’s Riksbank has released its final report on its central bank digital currency (CBDC), the e-Krona, which focused on offline payments.
The post Sweden’s Riksbank Releases Final Report on CBDC Project appeared first on Cryptonews
Genesis Agrees to Pay $21M Fine to Settle SEC Crypto Lending Charges
19.3.2024
Bankrupt cryptocurrency lender Genesis Global Capital has agreed to pay a $21 million fine as part of a final court judgement to settle charges with the U.S. Securities and Exchange Commission (SEC). In an official ruling released on March 19, the SEC highlighted the reason for the penalty...
Crypto Gains Surpassed $37.6 Billion in 2023: Chainalysis
14.3.2024
Global crypto gains reached $37.6 billion in 2023 following substantia losses in 2022, blockchain intelligence firm Chainalysis reveals in a new report released Thursday. The latest data is a promising sign for the crypto industry amidst bitcoin's dramatic rally.
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Indonesia’s Financial Regulator Issues New Crypto Regulations Ahead of January 2025 Transition
13.3.2024
The Financial Services Authority (OJK), Indonesia's financial services watchdog, has released new rules to bring technological innovation to the financial industry. These rules will cover cryptocurrencies beginning in January 2025.
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Bank for International Settlements Releases Executive Summary of Global Stablecoin Recommendations
1.3.2024
The Bank of International Settlements (BIS) has released its recommendations for the regulation, supervision, and oversight of global stablecoin arrangements, according to an executive summary published on February 29.
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SEC to “Ramp Up in Enforcement and Regulatory Actions” in 2024, New Report Reveals
27.2.2024
The United States Securities and Exchange Commission (SEC) will continue to “ramp up” its ruling-by-enforcement approach in 2024, Norton Rose Fulbright’s 2024 FinTech Outlook released this past week reveals.
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Atlanta Federal Reserve Warns Banks About Crypto Risks
27.2.2024
Per statement released Monday, the Atlanta Fed advised banks and financial service providers to exercise caution while dealing with cryptocurrencies.
The post Atlanta Federal Reserve Warns Banks About Crypto Risks appeared first on Cryptonews
FSB To Focus on Asset Tokenization and AI, Chair Says
26.2.2024
In a letter dated February 20 and released February 26, Knot told G20 finance ministers and central bankers that the global financial stability outlook “remains challenging.”
The post FSB To Focus on Asset Tokenization and AI, Chair Says appeared first on Cryptonews
Riot Platforms Made Over $280 Million Last Year, New Annual Report Reveals
23.2.2024
Bitcoin mining operation Riot Platforms made over $280 million last year alone, the company's 2023 annual report released Thursday, February 22, reveals.
The post Riot Platforms Made Over $280 Million Last Year, New Annual Report Reveals appeared first on Cryptonews
First Photo of Sam Bankman-Fried Released, Former Fellow Inmate Tells Biden to “Free Sam”
20.2.2024
The first prison photo of Sam Bankman-Fried in prison has been released by crypto influencer Tiffany Fong.
The post First Photo of Sam Bankman-Fried Released, Former Fellow Inmate Tells Biden to “Free Sam” appeared first on Cryptonews
Bitcoin Price Below $80,000 At Halving Could Trigger Miner Losses – Fidelity
16.2.2024
Fidelity Digital Assets speculates losses for some miners if the Bitcoin price remains under $80,000 after the upcoming halving in April. The company released its 2024 market outlook, highlighting the growth recorded so far in Bitcoin, the state of miners, and possible perspectives for the near...
Crypto Money Laundering Dropped Almost 30% in 2023: Chainalysis
15.2.2024
Illicit cryptocurrency transactions fell roughly 30% in 2023, according to Chainalysis’ newly released 2024 Crypto Crime Report. This decrease signals a major shift in crypto money laundering trends. The report also stated that total funds sent between illicit addresses dropped by 14.9%...