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Hong Kong Regulator Issues Alert Against Suspicious Crypto Platform HKCEXP
25.3.2024
The Securities and Futures Commission of Hong Kong (SFC) has issued a warning regarding HKCEXP, an allegedly suspicious trading platform claiming to be registered with the regulator.
The post Hong Kong Regulator Issues Alert Against Suspicious Crypto Platform HKCEXP appeared first on Cryptonews
CommEx, Successor to Binance in Russia, Announces Shutdown and Halts Deposits
25.3.2024
CommEx, the exchange that took over Binance's operations in Russia in September 2023, has announced it is closing down and has stopped accepting deposits.
The post CommEx, Successor to Binance in Russia, Announces Shutdown and Halts Deposits appeared first on Cryptonews
Dead or Alive: Number of Cryptocurrencies Worldwide from 2013 to January 2024
25.3.2024
2024 began with over 9,000 cryptocurrencies available globally, 13% fewer projects ‘alive’ compared to the all-time high reached in 2022, accordign to Statista data.
The post Dead or Alive: Number of Cryptocurrencies Worldwide from 2013 to January 2024 appeared first on Cryptonews
Binance to Discontinue Support for USDC Stablecoin on Justin Sun’s Tron
25.3.2024
Binance will no longer facilitate deposits and withdrawals of the USD-pegged stablecoin USDC using the Tron blockchain network.
The post Binance to Discontinue Support for USDC Stablecoin on Justin Sun’s Tron appeared first on Cryptonews
Zano Blockchain’s Hard Fork Facilitates Privacy Coin Creation, Introduces Confidential Assets
25.3.2024
The Zano blockchain’s recently completed Zarcanum hard fork (HF4) will enable users and organizations to create custom tokenized assets that meet their specific needs. These custom tokenized assets or confidential assets, will be untraceable on the Zano blockchain. The team believes that...
Layer 1 Blockchain Mantra Secures $11 Million from Latest Investment Funding Round
25.3.2024
Mantra, the Layer 1 blockchain for real-world assets (RWA), recently raised $11 million in an investment round that was led by Shorooq Partners. Mantra said the raised funds will also be used to provide developers with the tools they need to create RWA protocols and to expand the tokenization...
Expert Clarifies No EU-Wide Ban on Anonymous Crypto Wallets
25.3.2024
Industry expert Patrick Hansen clarified that the EU’s recent anti-money laundering (AML) law does not specifically target banning anonymous crypto accounts.
The post Expert Clarifies No EU-Wide Ban on Anonymous Crypto Wallets appeared first on Cryptonews
Marathon Digital CEO Warns of Challenges Ahead for Small Miners Post Bitcoin Halving
25.3.2024
Marathon Digital CEO Fred Thiel warned that smaller miners will face financial strain following the Bitcoin halving event in April.
The post Marathon Digital CEO Warns of Challenges Ahead for Small Miners Post Bitcoin Halving appeared first on Cryptonews
Russian Central Bank, Ministry of Finance to Settle Crypto Policy Differences
25.3.2024
The Russian Ministry of Finance says it wants to settle its long-standing crypto policy differences with the nation’s Central Bank.
The post Russian Central Bank, Ministry of Finance to Settle Crypto Policy Differences appeared first on Cryptonews
Bithumb IPO Plans ‘Accelerate’ as South Korean Crypto Exchange Eyes Public Listing
25.3.2024
The South Korean exchange Bithumb is looking to step up its IPO plans – and could look to launch a fast-tracked initial public offering as the crypto bull market continues.
The post Bithumb IPO Plans ‘Accelerate’ as South Korean Crypto Exchange Eyes Public Listing appeared first on Cryptonews
Warning from Emin Gün Sirer: Deceptive Trends Threaten Integrity of Crypto Markets
24.3.2024
Emin Gün Sirer, the co-founder of Avalanche blockchain, has sounded the alarm on deceptive trends infiltrating certain layer-2 (L2) solutions, posing risks to investors.
The post Warning from Emin Gün Sirer: Deceptive Trends Threaten Integrity of Crypto Markets appeared first on Cryptonews
NFT Sales Tumble 18.57% in 7 Days Amid Broad Crypto Market Retreat
23.3.2024
This week’s non-fungible token (NFT) sales have taken another nosedive, intensifying the downtrend that began with a 16.55% decline from March 9 to March 16, 2024. The last seven days have witnessed an even steeper drop, with NFT sales plummeting by 18.57%. Cryptopunk #7,804 Shines in a Week...
How Many Years Will Sam Bankman-Fried Get In Prison, Really?
22.3.2024
Set to be sentenced next week, disgraced FTX founder Sam Bankman-Fried is facing charges that carry a total maximum penalty of over 100 years in prison. Former U.S. Assistant Attorney and white-collar crime expert Kevin J. O'Brien weighs in on the FTX estate and Bankman-Fried's prison time.
The...
LayerZero CEO Accuses Kyle Davies of Seeking Full Treasury Allocation Before 3AC’s Collapse
22.3.2024
On March 21, LayerZero’s co-founder and CEO, Bryan Pellegrino, accused Kyle Davies, the co-founder of the now-defunct Three Arrows Capital (3AC), of trying to persuade his firm to transfer its entire treasury shortly before the liquidation of 3AC. Pellegrino made the allegation on his X post as...
Trezor Clarifies Security Breach: Phishing Attack Identified as Cause of Compromised X Account
22.3.2024
On March 21, SatoshiLabs, the company behind Trezor hardware crypto wallets, announced that the recent compromise of its X (formerly Twitter) account resulted from a phishing scam and not a SIM-swap attack as earlier suspected. The hardware wallet also shared that only its X social media account...
Unabomber Prosecutor to Conduct FTX Probe Into Law Firm Sullivan and Cromwell’s “Conflicts of Interest”
22.3.2024
Unabomber prosecutor Robert J. Cleary has been approved by a U.S. bankruptcy judge to probe law firm Sullivan and Cromwell’s potential conflicts of interests in relation to FTX. Cleary's appointment marks a significant shift into the collapse of FTX following over a year of calls for an appointment...
Yala’s Strategic Roadmap Unveiled: Bring Bitcoin Liquidity Across Blockchain With a Meta-Yield Stablecoin
22.3.2024
PRESS RELEASE. [Singapore, Mar 22, 2024] Yala, a project that enables the seamless transfer of Bitcoin liquidity through a meta yield stablecoin, is thrilled to announce a comprehensive brand upgrade. This reflects our commitment to making Bitcoin liquidity universally accessible across blockchain...
Worldcoin Orb Software Goes Open-Source — What Does it Mean for User Data Privacy?
22.3.2024
The Worldcoin Orb, a futuristic iris-scanning device for identity verification, has open-sourced its software. Developers can now review the components on GitHub, allowing transparency into the project's data privacy measures. Stay updated on the Worldcoin Orb and what it means for user data...
Class Action Suit Against Silvergate Bank Over FTX Fraud Allegations Moves Forward After Judge’s Ruling
22.3.2024
FTX users are suing the now-defunct Silvergate by claiming it abetted FTX and its affiliated trading firm Alameda Research to commit a historic fraud.
Here's the latest.
The post Class Action Suit Against Silvergate Bank Over FTX Fraud Allegations Moves Forward After Judge’s Ruling appeared...
Parallelized EVMs May Solve Blockchain Trilemma, But It’s Risky Business
22.3.2024
Data from Fortune Business Insights predicts that the global blockchain technology market size will reach $469.49 billion by 2030. Although the potential behind blockchain technology is huge, a number of setbacks may hamper adoption however. For instance, the “blockchain trilemma” continues to...