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Ex-CEO Charged in Australia With Stealing $1.47M From Customer in Failed Bitcoin Deal
23.10.2024
Grant Colthup, the ex-CEO of a defunct Australian cryptocurrency exchange, is facing fraud charges. He’s accused of misusing $1.47 million intended for bitcoin purchases. ASIC, the Australian regulator, alleges Colthup violated a law against false or misleading representations. The funds were...
Musk’s Tesla Still Holds $780M Bitcoin, Arkham Says, Ahead of TSLA Earnings
23.10.2024
Those wallets continue to hold that BTC and haven’t sent any to crypto exchanges as of Wednesday, which is usually a sign of intention to liquidate holdings
LBank x 7 Meme Projects: Don’t Miss the Halloween Campaign with $7,000 in Prizes
23.10.2024
PRESS RELEASE. LBank, leading global cryptocurrency exchange, has officially launched its “Spooky Season” Halloween Campaign, running from October 22 to November 3, 2024. With a total prize pool of $7,000 USDT, this festive event invites crypto enthusiasts to engage in a series...
Bitcoin Mining Difficulty Hits All-Time High as Mining Revenue Rises; Signals Upcoming Bull Run
23.10.2024
Bitcoin mining difficulty jumps 3.9%, hits 95.67T on Tuesday, amid record hashrate
Revving Up Innovation: Zanzibar Introduces Blockchain Sandbox Program
23.10.2024
The Zanzibar government has introduced a blockchain sandbox program to encourage entrepreneurship and technological advancements. The program, powered by the Xinfin XDC network and designed by Ledgerfi IT solutions, allows startups to safely test their blockchain-based solutions within the National...
Linkedin Under Scrutiny for Potential South African Privacy Violations
23.10.2024
A South African artificial intelligence association has accused Linkedin of violating local data privacy laws by using user data to train its AI models without explicit consent. The association has urged the country’s data regulator to investigate. Linkedin has however defended its practices...
Crypto ‘full of ideas’ generated at universities — UK blockchain exec
23.10.2024
The Centre for Blockchain Technologies deputy director Francesco Pierangeli said that regulators should review the latest academic research to help form future regulations.
Japan slow to approve crypto ETFs, maintains strict tax, regulations
23.10.2024
While global markets embrace crypto ETFs, Japan’s strict tax policies and regulatory caution impede further adoption
Iran Urges BRICS to Create Financial System Free From Western Influence
23.10.2024
Iranian Ambassador Kazem Jalali has urged BRICS nations to establish an independent financial and banking system, free from Western standards, which he claims harm Global South countries. Speaking ahead of the 16th BRICS Summit, Jalali emphasized the need for BRICS members to create their...
DOGE, XRP Lead Crypto Majors Decline as Bitcoin ETFs Bleed $80M
23.10.2024
The broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market capitalization, fell nearly 2% while bitcoin lost 1%
Bitcoin ETF $79M outflow ends 2-week bull run amid 'sideways' BTC price
23.10.2024
Bitcoin institutional investors are pausing for thought while BTC price struggles to overcome resistance
As Bitcoin Nears Golden Cross, Concerns About Rising Treasury Yields Look Overhyped
23.10.2024
UK Stands Firm on Tough Crypto Regulations, Warns Against Lowering Crypto Standards
23.10.2024
A Financial Conduct Authority (FCA) official has emphasized the importance of high regulatory standards for crypto asset registrations. She defended the UK’s stringent rules, aiming to protect consumers and financial markets while fostering a competitive crypto sector. The regulator warned...
Bitcoin Is Going to $80K Regardless of Trump or Harris Win, Traders Say
23.10.2024
Traders say BTC is headed to new highs regardless of a Democrat or Republican win
Japan’s Election Heats up With Calls for Crypto Tax Cuts and Regulatory Reforms
23.10.2024
Yuichiro Tamaki, leader of Japan’s Democratic Party for the People, is advocating for significant cryptocurrency tax reforms ahead of the general election. His party proposes a 20% tax on crypto assets and aims to promote Japan as a web3 leader. The party also supports initiatives like increased...
Saylor’s comments on big bank BTC custody are ‘batshit insane’ — Buterin
23.10.2024
Saylor appears to be “explicitly arguing for a regulatory capture approach to protecting crypto,” which was not what it is about, said Buterin.
Japanese Entertainment Giant’s Crypto Arm in Partnerships to Support Web3 Economy
23.10.2024
Japanese cryptocurrency exchange DMM Crypto has secured Neoclassic Capital, a Florida-based global investment firm, as its lead investor. DMM Crypto also partnered with Presto, a quantitative trading company. The investments will support DMM Crypto’s Seamoon Protocol, which aims to create...
‘Battle against inflation is almost won’ says IMF chief economist
23.10.2024
The IMF says inflation should return to normal by the end of next year but warned of slowing growth and increasing economic inequality.
Football Stars to Face Legal Actions Regarding $3.2B Pyramid Scheme Promotion
23.10.2024
Promoting Omegapro, a pyramid scheme that raised over $3 billion from over 3 million customers, might make a group of European football stars face legal action. Hundreds of users affected would be preparing to sue these individuals, alleging that they trusted the company, which offered yields...
Bitcoin academics slam controversial ECB paper blasting Bitcoin
23.10.2024
The rebuttal critiques several arguments made by the ECB paper’s authors earlier this month that argued Bitcoin's price should be regulated or outright banned.