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Brazilian Securities Regulator Greenlights Second Solana Spot ETF
23.8.2024
The Brazilian Securities Regulator (CVM) approved a solana spot exchange-traded fund (ETF) on Tuesday, the second of its kind in the country. According to data from the CVM database, this new instrument will be offered by Hashdex, a Brazil-based cryptocurrency asset management company with nearly...
Donald Trump Teases 'The DeFiant Ones' Crypto Project on Truth Social
23.8.2024
“It’s time we take a stand – together,” Trump wrote on his Truth Social account with a Telegram group link to the unreleased decentralized finance platform
TOKEN2049 Singapore: World’s Largest Crypto Event Sells Out
23.8.2024
Exhibition space sold out a record month ahead of the world’s largest crypto event Speaker highlights include Binance…
99 Arrested in Philippine Crypto Scam Hub Raid
23.8.2024
Philippine police have arrested 99 individuals during a raid on a suspected scam hub in Parañaque City, uncovering a fraudulent cryptocurrency and romance scheme involving foreign and local workers. The company was unregistered and forced employees into compromising roles. Philippine Police Bust...
Decentralized naming could bring ‘next billion’ users to Bitcoin
23.8.2024
Spaces Protocol founder Mike Carson argues that in light of the recent Squarespace DNS attack, domains should be decentralized and put on the blockchain
China Deports MBI Founder From Thailand for Crypto Crime of Over $13B
23.8.2024
China has deported the first suspect of the crypto crime, an MBI group founder from Thailand. As per…
Bitcoin avg transaction fee rises 937.7% in 24 hours
23.8.2024
Bitcoin transaction fees surged nearly 940% on Aug. 22, reflecting heightened network demand and pressure on users
Daily Crypto Update: Market finds stability before the week ends
23.8.2024
The crypto industry is looking forward to ending the week on a positive note. After an abysmal start…
Binance Launches Mobile Money Feature for Crypto Transactions in Africa
23.8.2024
Crypto exchange Binance has launched its One Click Buy and Sell (OCBS) service in Africa, enabling users in Ghana, Tanzania, Uganda, and Zambia to buy and sell cryptocurrencies via mobile money accounts. This initiative aims to enhance financial inclusion, particularly for the unbanked...
Crypto pyramid scheme leader extradited to China after global pursuit
23.8.2024
As digital currencies continue to gain popularity worldwide, the risk of related economic crimes also increases
Australia's Securities Regulator Wins Case Against Kraken's Local Operator
23.8.2024
The Federal Court of Australia ruled on Friday that cryptocurrency exchange Kraken's operator in Australia, Bit Trade Pty Ltd, "contravened" with a section of the nation's Corporations Act
Man Faces 20-Year Prison Sentence in Crypto Money Laundering Case
23.8.2024
A Rhode Island resident has pleaded guilty to money laundering conspiracy linked to an international drug trafficking ring. The operation laundered over $25 million using cryptocurrency, with Villa directly involved in converting cash into crypto. Villa faces up to 20 years in prison and...
Australian regulator claims win over Kraken’s Bit Trade in federal court
23.8.2024
A court has found Bit Trade offered a product without following design and distribution obligations and acted as a credit facility, in violation of Australian laws.
Bitcoin must ‘clear resistance’ at $62K to avoid another ‘Black Monday’
23.8.2024
Bitcoin is at a critical junction; if it fails to hit $62,000 and hold there, it could drop below $50,000, according to analysts from Kraken. Some aren’t so pessimistic
Crypto law firm loses appeal to force SEC’s hand on Ether classification
23.8.2024
Hodl Law sued the SEC in 2022, claiming it could face the regulator’s ire for using Ethereum and wanted a court to force it to decide if ETH is a security
2 pig butcher busts: Feds recover $5M, ex-Kansas bank CEO jailed
23.8.2024
United States prosecutors announced nearly $5 million worth of Tether (USDT) has been seized from a crypto scammer, while in Kansas, a former bank CEO is going to jail for embezzlement
OmegaPro co-founder arrested over $4 billion crypto scam
23.8.2024
Andreas Szakacs, the co-founder of OmegaPro was arrested in Turkey in relation to his alleged involvement in a multi-billion-dollar crypto scheme.
Pip Labs Raises $80 Million at a $2.25 Billion Valuation to Protect IP via Blockchain
23.8.2024
Pip Labs has raised $80 million in a Series B funding round led by VC firm A16z, reaching a valuation of $2.25 billion. The round aims to extend the development of Story, a blockchain aiming to tokenize and protect what Pip Labs calls the “multi-trillion-dollar” asset class...
Taiwan Court Convicts 8 in Espionage Case Involving Crypto Payments
23.8.2024
Taiwan’s high court on Thursday convicted eight people, including military personnel, of espionage for China, with payments allegedly made in cryptocurrency, the Central News Agency reported. The sentences range from 1.5 to 13 years in prison, while one individual was acquitted, and another remains...
Justin Sun says removing 12K Bitcoin from USDD is just ‘DeFi 101’
23.8.2024
USDD’s Bitcoin collateral was removed without a vote from its DAO, but Justin Sun insists it’s a normal event in DeFi.