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Busan aims to become a global crypto hub despite aging population
14.2.2023
South Korea rides high on one the best GDP figures of $30,000 per the statement of Bloomberg. However, one city, in particular, is witnessing a silent downfall due to its aging population, where 21% of the people are at least 65 years old. Busan is now looking to turn the tables by attracting...
Institutional Crypto Trading Platform Elwood Technologies Expands Offerings
14.2.2023
Bain Capital Crypto Backs $4.5M Round for Blockchain Interoperability Startup Orb Labs
14.2.2023
Orb Labs emerges from stealth preparing to launch its first products
UK Financial Regulator Takes Enforcement Action Against Crypto ATM Operators
14.2.2023
The financial watchdog has teamed up with West Yorkshire Police to tackle crypto ATM operators in the city of Leeds
Crypto Startup Monad Labs Aims to Create Next ‘Ethereum Killer’ After Raising $19M
14.2.2023
The seed round was led by Dragonfly Capital with the participation of 70 other investors
NASDAQ-listed Interactive Brokers to offer crypto trading in Hong Kong
14.2.2023
Hong Kong has seen a growing interest in global crypto and fintech player over the years as Interactive Brokers joins the list
Morgan Stanley: Falling Stablecoin Issuance Is Negative Sign for Crypto Trading
14.2.2023
U.S. regulatory efforts are likely to focus on stablecoin regulation, the report said
Crypto ads and sponsors banned from women's cricket league in India
14.2.2023
Following men's cricket, the Board of Control for Cricket in India (BCCI) prohibits the women's teams from having commercial associations and other sponsorships with crypto businesses
North Korea’s Lazarus ‘Using New Coin Mixer to Launder Crypto’ – and It’s a ‘Blender Re-brand’
14.2.2023
The North Korean hacking group Lazarus has turned to a new crypto mixer named Sinbad, the blockchain analytics firm Elliptic has claimed.
Per an Elliptic post and a report from Yonhap, Larazrus is “affiliated with North Korea's Reconnaissance General Administration.” The United States and South...
Rwanda Government Orders Banks to Stop Facilitating Crypto-Related Transactions
14.2.2023
According to the National Bank of Rwanda, the country’s regulated financial services providers are now prohibited from facilitating crypto-related transactions. In her Jan. 31 letter justifying the decision, the acting governor Soraya Hakuziyaremye cites the unregulated status of most crypto...
Crypto Exchange Coinmetro Buys Social Fundraising Platform Ignium
14.2.2023
With the €4 million ($4.3 million) acquisition, the Estonia-based crypto exchange Coinmetro intends to broaden its securities market offerings and develop tools for small businesses to raise funds directly from their communities using non-fungible tokens
Bitcoin miners already made nearly $600K from Ordinals' NFT transactions
14.2.2023
The Ordinals hype is real with the NFT inscriptions now regularly taking over 50% of Bitcoin block space
SEC to target crypto firms operating as 'qualified custodians' — Report
14.2.2023
If a majority of the five-member SEC panel votes in favor of the draft proposal, it will proceed to the next stage, which will be reviewed by other members of the SEC
Curve Token Surges Over 10% as Crypto Traders Eye Curve USD Stablecoin
14.2.2023
Tokens related to decentralized stablecoin protocols gained in the past 24 hours following troubles at Paxos’ BUSD offering
Stablecoins not the target in BUSD crackdown: Matrixport head of research
14.2.2023
Crypto financial service Matrixport’s head of research believes regulators are not targeting all stablecoins with the regulatory crackdown on BUSD issuer Paxos
Binance withdrawals and BUSD redemptions surge post Paxos crackdown
14.2.2023
Net outflows at the cryptocurrency exchange hit $788 million over the last 24 hours, however, Binance told Cointelegraph that "Funds are SAFU."
Biden to Name Fed Vice Chairwoman Lael Brainard as Top Economic Adviser: Bloomberg
14.2.2023
Brainard has been leading the U.S Federal Reserve's work on a potential digital dollar and has been minding the store on crypto policy discussions until the central bank appoints its permanent vice chair for supervision
India Having ‘Detailed Discussions’ With G20 Members on Crypto Regulation
14.2.2023
India is having “detailed discussions” with other G20 members about forming a collective standard operating procedure (SOP) to regulate crypto assets, Indian Finance Minister Nirmala Sitharaman has revealed. She also called for “a globally coordinated approach on the regulation...
At Least 1,000 Lawsuits Filed Against Crypto Miners in Russia’s Irkutsk Region
14.2.2023
Authorities in the Russian region of Irkutsk have so far filed 1,000 lawsuits against what they call “gray” miners, or people minting coins in their homes. In over half of these cases, courts have ordered the defendants to compensate the operators of the distribution networks. Hundreds of Crypto...
Iris Energy Boosts Self-Mining Capacity With 4.4 EH/s of New Bitmain Bitcoin Mining Rigs
14.2.2023
Bitcoin miner, Iris Energy, announced plans to increase the company’s self-mining capacity, from 2 exahash per second (EH/s) to approximately 5.5 EH/s, after it receives 4.4 EH/s of new Antminer S19j Pro miners from Bitmain. Iris Energy Leverages $67 Million in Bitmain Prepayments for Latest...