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Atlanta Federal Reserve Warns Banks About Crypto Risks
27.2.2024
Per statement released Monday, the Atlanta Fed advised banks and financial service providers to exercise caution while dealing with cryptocurrencies.
The post Atlanta Federal Reserve Warns Banks About Crypto Risks appeared first on Cryptonews
ENS and Manifold Finance Reach Settlement Over eth.link Domain Dispute
27.2.2024
Ethereum Name Service (ENS) developer has agreed to settle with Manifold Finance over the ownership of the eth.link domain.
The post ENS and Manifold Finance Reach Settlement Over eth.link Domain Dispute appeared first on Cryptonews
Concerns Raised as Scam-as-a-Service Provider Registers as UK Business Entity
23.2.2024
The team behind a crypto wallet draining scam-as-a-service has registered as a private business in the UK, according to a tweet yesterday by blockchain security company Certik. #CertiKSkynetAlert ???? CryptoGrab – provider of the Nova wallet drainer – recently registered as a private company in...
Is It Too Late to Buy WorldCoin? WLD Price Surges as Innovative Mining Protocol Democratizes Cloud Mining
23.2.2024
In a major move for Sam Altman’s crypto project, Worldcoin, WLD price has surged amid market excitement over OpenAI’s AI-powered video generation service Sora. This article will provide an analysis of WLD’s current price trends and look to see whether a newer project, BTCMTX, represents...
Argentina to Regulate Cryptocurrency Exchanges With Executive Order
23.2.2024
The government of Argentina is reportedly preparing to regulate cryptocurrency service providers with an executive order. The measure would be directed to keep Argentina out of the Financial Action Task Force (FATF) gray list, putting crypto service lenders under the oversight of the local...
South Korea’s KODA Sees 248% Growth in Crypto Assets Under Custody in Second Half of 2023
22.2.2024
Korea Digital Asset (KODA), the largest institutional crypto custody service in South Korea, has seen a remarkable growth in crypto assets under its custody.
The post South Korea’s KODA Sees 248% Growth in Crypto Assets Under Custody in Second Half of 2023 appeared first on Cryptonews
Switzerland’s Postfinance Launches Crypto Trading and Custody Service
21.2.2024
Swiss Post’s financial subsidiary, Postfinance, has launched a new cryptocurrency trading and custody service. Customers can use the service to “purchase or securely store an initial range of 11 cryptocurrencies at the click of a mouse or even set up a crypto saving plan,”...
Ethiopia Explores Crypto Mining with New Hong Kong Data Center Deal
16.2.2024
Ethiopia has inked a memorandum of understanding with Data Centre Service, a subsidiary of Hong Kong’s West Data, to build a $250 million data mining infrastructure project in the country. Data centres provide the facilities to host large-scale Bitcoin mining operations. The East African...
Injective and Solana achieve cross-chain name service
16.2.2024
Injective announced that it, along with Solana, has achieved cross-chain name service. This fuels interoperability with the first-ever omnichain domain release for both sides. This eliminates the need to change the domain while interacting with other ecosystems. Hence, offering an enhanced...
Umoja Launches Beta Hedging Service to Bolster Crypto Investment Safety
14.2.2024
On Tuesday, the crypto platform Umoja unveiled its beta version of hedging-as-a-service, designed to shield users from crypto losses. Umoja’s mission is to enhance the safety and accessibility of crypto investments, opening up hedging opportunities in a market valued at $500 trillion. Umoja...
Immortals Of Aveum Proves It's A Grim Time For Single-Player Games
13.2.2024
In 2024, AAA games are often built around the idea of continuous revenue streams with microtransactions and live-service elements. Perhaps it’s corporate delusion that makes leadership think a needlessly large budget makes for a better game, but making adequate money back on a big-budget...
Fordefi Raises $10 Million from Electric Capital, Paxos to Make Retail Wallets Safer
13.2.2024
Crypto wallet provider Fordefi announced today via press release that it has raised $10 million in funding to help bring its institutional-grade crypto wallet to retail platforms. In other words, the company wants to develop its user-owned self custody wallet-as-a-service (WaaS) solution...
IOTA and Partners Develop KYC Solution That Incorporates Tokenization + More Crypto News
13.2.2024
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s crypto news edition: IOTA & Partners Develop KYC Solution That Incorporates Tokenization WisdomTree Reports AUM Hitting Record High For 3rd Consecutive...
Crypto Infrastructure Firm Aquanow Obtains VASP License in Dubai
13.2.2024
Canadian-based crypto infrastructure firm Aquanow acquired a Virtual Asset Service Provider (VASP) license from financial authorities in Dubai. In a Feb 12 announcement, Aquanow disclosed that it received the regulatory nod from the Virtual Assets Regulatory Authority (VARA) in Dubai to offer...
Nigeria Faces Pressure to Tighten Crypto Regulations for Financial Crime Prevention
12.2.2024
Nigeria faces calls to go further in its efforts to clarify crypto regulation after a blockchain firm successfully finished training its fifth cohort of crypto compliance specialists last weekend. Blockchain intelligence service provider A&D Forensics teaches a course on curbing financial...
Australian Court Dismisses Allegations Against Block Earner’s DeFi “Access” Service
12.2.2024
An Australian court has dismissed allegations relating to Block Earner’s DeFi “Access” service in a legal case brought by the Australian Securities and Investments Commission (ASIC). Justice Ian McNeil Jackman, who presided over the case, has delivered a split decision regarding...
The Key to Making More Money During a Crypto ICO? Look Trustworthy, New Study Says
9.2.2024
A February 8 study from the Hanken School of Economics in Helsinki, Finland, has unveiled that a trustworthy appearance could boost investor funding in crypto initial coin offerings (ICOs) by an impressive 95%. For context, ICOs typically refer to the raising of capital required to launch a...
Subnautica 2 Devs Quickly Clarify That, No, The Game Isn’t A Live-Service Thing
8.2.2024
Video game publisher Krafton released a report that seemed to imply underwater survival sim Subnautica 2 would be a multiplayer-focused live-service game, which disappointed and frustrated many fans. But now the devs have quickly clarified that no, this isn’t the case and instead the game is going...
Kraken Obtains VASP Registration From Dutch Central Bank
8.2.2024
Crypto exchange Kraken was granted a virtual asset service provider (VASP) registration from the Dutch Central Bank today. Kraken announced the acquisition of its fourth European VASP license, which will make its services available to customers in the Netherlands. Another milestone in our European...
Ransomware Payments Hit Record $1 Billion in 2023: Chainalysis
7.2.2024
Criminals made off with a staggering $1 billion in cryptocurrency ransomware payments in 2023, per the latest insights from Chainalysis’ 2024 “Crypto Crime Report.” The report highlights a surge in sophisticated attacks targeting high-profile institutions and critical...