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Crypto Exchange Binance Drops Abu Dhabi License Application as Global Needs Shift
9.12.2023
Crypto exchange Binance has withdrawn its application for a license in Abu Dhabi. “When assessing our global licensing needs, we decided this application was not necessary,” a Binance spokesperson stated, adding that the company plans to continue to work with regulators “to...
StarkNet Foundation Set to Allocate 1.8B STRK Tokens for User Rebates and Provisons’ Committee
9.12.2023
Source: Starknet The Starknet Foundation has unveiled plans to distribute 1.8 billion STRK token rewards and rebates to drive the adoption and growth of the Starknet blockchain. While specific distribution plan details are not provided, the Foundation intends to involve various committees...
Saving the Planet, One Token at a Time: The Inspiring Vision Behind Chimpzee
8.12.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. As the crypto world buzzes with excitement over the latest meme coins and digital collectibles, one emerging project stands out for its meaningful real-world impact: Chimpzee. This unique initiative...
Peter Schiff Says Global Tax Chiefs’ Only Enforcement Success Is Its ‘Failed’ Action Against His Bank
8.12.2023
Economist Peter Schiff says the only enforcement success of the Joint Chiefs of Global Tax Enforcement (J5) is its “failed” action against his bank, allegedly aimed to “put a stop to the suspected facilitation of offshore tax evasion.” Schiff stressed: “Other than...
Grayscale CEO Claps Back At Jamie Dimon For Saying Bitcoin Should Be Banned
8.12.2023
Source: Ascannio / Adobe Stock. Bitcoin is here to stay whether big banking executives like Jamie Dimon like it or not, according to Grayscale CEO Michael Sonnhenshein. The executive is the face of the company spearheading the world’s largest Bitcoin (BTC) and Ethereum (ETH) investment funds....
Do Kwon to be Extradited to the United States: Report
7.12.2023
Terraform Labs’ founder, Do Kwon, is set to be extradited to the U.S. following months of speculation, according to a report from the Wall Street Journal released Thursday. “Not excluding that kind of possibility” Kwon has been imprisoned in Montenegro since authorities caught...
Code Is Not (Always) Law
7.12.2023
Sometimes, the law is the law, industry experts say
Iris-Scanning Crypto Project Worldcoin Launches Community Grants Program
7.12.2023
Recently, the Worldcoin Foundation unveiled the launch of its community grants program, beginning with its first phase, Wave0. In the crypto economy, Worldcoin’s WLD token has not experienced the growth that other crypto assets have enjoyed, declining over 3% in the past fortnight. This...
UK Financial Regulator Adds Poloniex to Warning List Amid Recent $100 Million Hack: What’s Going On?
7.12.2023
Source: AdobeStock / Ascannio The Financial Conduct Authority has added cryptocurrency exchange Poloniex to its warning list of firms that may not be fully authorized to render trading services in the country. In an official publication on Dec 6, the financial regulator warned users from dealing...
Zero Knowledge Rollups as a Service Hasten the ‘Implementation of Secure and Scalable Networks’ — Alvaro Fernandez
7.12.2023
Alvaro Fernandez, the Chief Operations Officer (COO) at Lumoz, has stated that while zero-knowledge rollups have demonstrated exceptional security and scalability, the technology is still not user-friendly. To address this issue, networks should opt for ZK Rollups-as-a-Service (ZK-RaaS) because...
Rewarding Hackers With Bug Bounties ‘Inherently Creates a Moral Hazard’ Says Expert
7.12.2023
Rewarding hackers who agree to return a portion of the stolen funds not only “creates a moral hazard” but potentially “leads to more security breaches,” a Web3 expert has argued. The recent attacks on Kronos and Kyberswap, as well as the subsequent attempts to engage...
Where and How to Buy Retik Finance (RETIK)? – Beginners guide
7.12.2023
Introduction Retik Finance is not just another cryptocurrency; it’s a platform that aims to seamlessly integrate cryptocurrencies into the global payment ecosystem while providing users with enhanced speed, convenience, safety, and security. If you’re new to Retik Finance and want...
This Altcoin is a Must-Have on Your Watchlist For the December Bull Run – Here’s Why
7.12.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. December is predicted to be a spectacular month for the crypto market. The growing optimism among investors is evident, and according to industry analysts, the market is setting the stage for...
US Lawmaker Blasts SEC for Deliberately Obfuscating Crypto Regulations — Questions Chair Gensler’s Personal Agenda
7.12.2023
A U.S. lawmaker has slammed the Securities and Exchange Commission (SEC) for having a deliberate policy preference to provide less clarity to the crypto market. “The SEC is not adhering to the law. That’s why it keeps losing in court,” said Congressman Tom Emmer as he questioned...
New Jersey Bill Proposes Classifying All Crypto Tokens Sold to Institutional Investors as Securities
7.12.2023
A bill has been introduced in the U.S. state of New Jersey to classify all cryptocurrencies issued and sold directly to institutional investors as securities. In contrast, the U.S. Securities and Exchange Commission (SEC) has previously stated that bitcoin is not a security, but SEC Chairman Gary...
Green Bitcoin (GBTC) Brings Gamified Green Staking To Crypto Market – Along with Exponential Rewards
6.12.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Everyone’s on the lookout for the next big token, but these can be hard to find, given how many crypto assets are in the market. Of course, you’ve got to still sift through all the info and analyze...
Trading Volumes of Crypto Assets Under Management Averaged $481 Million Daily in November: Report
6.12.2023
Source: Pixabay / Michael Wuensch The digital asset market has recorded massive bullish activity in recent weeks with the prices of most cryptocurrencies soaring to positions not seen in over 18 months. Aside from asset prices, decentralized finance (DeFi) activities are also high in terms...
Elon Musk Halts Dogecoin Surge by Saying His AI Business Is 'Not Raising Money'
6.12.2023
DOGE surged Tuesday after an SEC filing showed xAI had already raised $134.7 million and might seek $1 billion
Is $TUK the New $TESLA? Find Out Why Investors Are Eager to Get Positioned in This Tesla for Developing Economies
6.12.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Investors quickly believe that $TUK has the potential to become the new $TESLA, evidenced by the speedy progress of its presale. $TUK, the native token behind eTukTuk, is quickly gaining popularity...
With Presale Days From Closing, Chimpzee (CHMPZ) Has Raised Millions And Is Set To Revolutionize The “Eco-Friendly” Niche
6.12.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Chimpzee (CHMPZ) is a noteworthy cryptocurrency initiative that is actively contributing to global environmental improvement. To date, it has assisted with the planting of 1200 trees in the Brazilian...