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Indonesian President Cautions Against Crypto in Money Laundering Risks
24.4.2024
Indonesian President Joko Widodo highlights the significant risks of money laundering through crypto asset and NFT transactions, citing $8.6 billion in suspicious activities in 2021.
The post Indonesian President Cautions Against Crypto in Money Laundering Risks appeared first on Cryptonews
What’s at Stake for Crypto in India As the World’s Largest Democracy Is in the Midst of Its National Election?
24.4.2024
India’s general election in 2024 is not expected to immediately affect crypto policy, and its current – restrictive – rules are expected to continue on through the upcoming Parliamentary term
Worldcoin Executives Meet Malaysian Leaders Amid Privacy Concerns
24.4.2024
Sam Altman and Alex Blania engage with top Malaysian officials to strengthen ties following temporary bans in Europe and heightened global scrutiny regarding data privacy concerns.
The post Worldcoin Executives Meet Malaysian Leaders Amid Privacy Concerns appeared first on Cryptonews
How is blockchain revolutionizing sports investment?
24.4.2024
Cryptocurrencies and other applications rely on blockchain technology, a digital ledger system, which provides the basis for trustless, transparent, and anonymous transactions without a third party involved. Those are some of the key features of blockchain technology (security, transparency,...
Based Degen Club’s $BDC Token Soars From $200K to $1.5M in the First 12 Hours
24.4.2024
The Based Degen Club’s $BDC token has jumped from $200K to an almost $1.5M market cap within just 12 hours of its launch on April 23, marking a sevenfold increase. As the Based Degen Club launches the $BDC token, it aims to make wealth creation in cryptocurrencies accessible to everyone....
Binance Labs, Coinbase Backed Web3 Gaming Guild GuildFi Rebrands to Zentry
24.4.2024
Web3 gaming guild GuildFi that raised $140 million from Binance Labs, Coinbase Ventures, Animoca, Pantera Capital, Hashed and others, has been rebranded to Zentry.
The post Binance Labs, Coinbase Backed Web3 Gaming Guild GuildFi Rebrands to Zentry appeared first on Cryptonews
South Korean Police Arrest 49 in Crypto-powered Drug Trading Bust
24.4.2024
South Korean police have arrested 49 people in a raid on a suspected crypto-powered drugs trading gang, officers announced on April 23.
The post South Korean Police Arrest 49 in Crypto-powered Drug Trading Bust appeared first on Cryptonews
Cosmos Developers Patch Critical Flaw in IBC Protocol, Safeguarding $126 Million in Assets
24.4.2024
Cosmos developers have successfully rectified a critical security vulnerability in its Inter-Blockchain Communication (IBC) protocol, which had placed assets worth at least $126 million in jeopardy, following a private notification from Asymmetric Research. This flaw, existing in the protocol since...
Cosmos patches ‘critical’ IBC protocol bug, saving $126M
24.4.2024
IBC has always had the bug, but it only recently became exploitable due to developments in the protocol’s codebase, Asymmetric Research said
SEC Delays Decision on Franklin Templeton’s Spot Ethereum ETF Application
24.4.2024
The fate of spot Ethereum ETFs hangs in the balance as the SEC announces a delay in its decision. This move reflects a cautious approach amidst growing interest and regulatory complexities surrounding crypto-based investment products. Dive deeper into the implications for the future of spot...
Solana DEX Aggregator Jupiter Acquires Ultimate Wallet for Mobile Expansion
24.4.2024
Ultimate Wallet and its mobile team have been acquired by Jupiter, Solana's leading decentralized exchange (DEX) aggregator.
The post Solana DEX Aggregator Jupiter Acquires Ultimate Wallet for Mobile Expansion appeared first on Cryptonews
Samsung Subsidiary Invests in DePIN Firm Roam
24.4.2024
The Samsung subsidiary Samsung Next, an affiliate of Samsung Electronics, has made an undisclosed investment in the DePIN player Roam.
The post Samsung Subsidiary Invests in DePIN Firm Roam appeared first on Cryptonews
Canaan Executives Plan to Buy $2 Million in Company Shares, Citing Deep Undervaluation
23.4.2024
Two executives of the bitcoin mining rig maker Canaan intend to jointly purchase at least $2 million worth of company shares, claiming the company is "deeply undervalued," despite revenue decline.
The post Canaan Executives Plan to Buy $2 Million in Company Shares, Citing Deep Undervaluation...
ZachXBT Exposes 12 Abandoned Solana Presale Meme Coin Projects Resulting in $26.7 Million in Losses
23.4.2024
ZachXBT uncovered that nearly 12 Solana presale meme coins have been "completely abandoned" within the past month, collectively raising 180,650 SOL, equivalent to approximately $26.7 million.
The post ZachXBT Exposes 12 Abandoned Solana Presale Meme Coin Projects Resulting in $26.7 Million...
Jack Dorsey’s Block announces development of ‘full Bitcoin mining system’
23.4.2024
The Block — then Square — CEO initially suggested the idea of a collaborative approach to decentralize Bitcoin mining in October 2021
PayPal Proposes Incentive Program for Bitcoin Miners Utilizing Low-Carbon Energy
23.4.2024
On April 22, PayPal announced a new initiative to support Bitcoin mining that uses less energy. The multinational payment company intends to use Bitcoin to compensate cryptocurrency miners that use renewable energy.
The post PayPal Proposes Incentive Program for Bitcoin Miners Utilizing Low-Carbon...
Do Kwon And Terraform Labs Hit With $5.3 Billion Penalty From SEC in Terra-Luna Case
23.4.2024
Terraform Labs and its founder Do Kwon have been hit with a $5.3 billion from the SEC, April 19th court documents reveal. News of the latest legal filing from the SEC comes just weeks after they won a landmark civil trial against Kwon for the $40 billion crash of Terra-Luna.
The post Do Kwon...
Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development
23.4.2024
PRAGMA, a new initiative by the Cardano Foundation, partners with leading blockchain development firms to accelerate open-source adoption. Focused on projects like the Aiken smart contract platform and the Amaru full node, PRAGMA seeks...
Controversy Swirls Around Bitcoin’s BIP-420: Push Behind Opcode ‘Isn’t in Good Faith,’ Says Developer
23.4.2024
On Monday evening, Taproot Wizards co-founder Udi Wertheimer unveiled a Bitcoin Improvement Proposal (BIP) that reintroduces the OP_CAT opcode to Bitcoin. This opcode could facilitate more streamlined and efficient decentralized file hosting systems, payment channels, and sophisticated Bitcoin...
Fidelity Digital Assets ‘Signals’ Report Revises Bitcoin Outlook to ‘Neutral’
23.4.2024
The latest quarterly report from Fidelity Digital Assets (FDA) Research reveals key insights into the bitcoin and ethereum markets as of Q1 2024. With a detailed analysis of market conditions and future outlooks, FDA’s research report provides several predictions for short and long-term...