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Bitcoin Hits Record Highs Against Local Currencies in Asia and South America with 7% Daily Surge
21.5.2024
Bitcoin has achieved all-time highs against local currencies in several countries across Asia and South America, following a significant 7% surge in its price.
The post Bitcoin Hits Record Highs Against Local Currencies in Asia and South America with 7% Daily Surge appeared first on Cryptonews
House Democrats won’t be forced to vote against two pro-crypto bills
21.5.2024
A leaked email shows Democratic Party leaders “strongly oppose” two Republican-led crypto bills, but will not force House members to vote no on them
French Regulator Renews Warning Against Blacklisted Bybit
18.5.2024
The French securities regulator, the Autorité des Marchés Financiers (AMF), has issued a renewed warning against using the digital asset platform Bybit. The AMF reminded French investors that Bybit is an unregistered crypto platform operating illegally in the country. The regulator has advised...
French Regulator Renews Warning Against Blacklisted Bybit
18.5.2024
The French securities regulator, the Autorité des Marchés Financiers (AMF), has issued a renewed warning against using the digital asset platform Bybit. The AMF reminded French investors that Bybit is an unregistered crypto platform operating illegally in the country. The regulator has advised...
Detained Binance Executive Tigran Gambaryan Denied Bail By Nigerian Court
17.5.2024
Tigran Gambaryan, the Binance executive detained in Nigeria, has been denied bail on his 40th birthday, according to a court hearing in Abuja Friday. News of Gambaryan's court appearance comes shortly after Binance CEO Richard Teng alleged Nigerian government officials offered the crypto exchange...
Is Donald Trump’s Recent Crypto-Friendly Stance Genuine Or Opportunistic? Experts Weigh In
17.5.2024
Donald Trump's recent pro-crypto stance is seen as opportunistic by some, aligning with crypto entrepreneurs against stifling innovation.
The post Is Donald Trump’s Recent Crypto-Friendly Stance Genuine Or Opportunistic? Experts Weigh In appeared first on Cryptonews
French Securities Regulator Warns Investors Against Crypto Exchange Bybit
16.5.2024
France's securities regulator has issued a renewed warning against crypto exchange Bybit, urging customers to “make arrangements for the eventuality that the platform [may] suddenly cease to provide services” to customers in France
China Police Uncover $2B USDT Underground Banking Operation
16.5.2024
Chinese police have uncovered a $1.9 billion USDT underground banking operation going against Chinese crypto bans.
The post China Police Uncover $2B USDT Underground Banking Operation appeared first on Cryptonews
Coinbase’s Legal Officer Rallying Binance, Ripple, Uniswap Against SEC’s ‘Gaslighting’
14.5.2024
Regarding the Debt Box issue, Coinbase Chief Legal Officer Paul Grewal criticised the US Securities and Exchange Commission (SEC) on May 14. Given the significant ramifications for the industry, he also urged other cryptocurrency exchanges to question the SEC's earlier moves.
The post...
Floki Rally: FLOKI Price Up 8% as Meme Coins Bounce Back – Is This AI Coin Next to Pump?
14.5.2024
Meme coin FLOKI is going against the grain today. Crypto’s fifth largest meme coin, inspired by Elon Musk’s pet Shiba Inu of the same name, has rallied 8.8% in the last 24 hours and currently trades at a price of $0.0001887. This means long-term FLOKI HODLers have found their digital...
CFTC Urges Caution to Job Seekers Amid Rising Money Mule Scams
14.5.2024
The Commodity Futures Trading Commission is warning against "money mule" scams targeting remote job seekers. The regulator said people seeking work-from-home opportunities should be on the lookout for these deceptive schemes.
The post CFTC Urges Caution to Job Seekers Amid Rising Money Mule Scams...
CFTC announces $1.8M settlement against brokerage firm FalconX
13.5.2024
The regulator reported the firm voluntarily improved its practices after the CFTC’s civil suit with Binance and its former CEO Changpeng Zhao
Bitfarms Fires CEO Geoffrey Morphy Following $27 Million Lawsuit
13.5.2024
Bitfarms has ousted its CEO Geoffrey Morphy after he filed a $27 million lawsuit against the Bitcoin miner, the Toronto-based firm announced Monday. News of Morphy's ousting comes amidst decreased Bitcoin production values for public crypto mining companies following last month's halving event.
The...
What is phishing-as-a-service (PhaaS) and how to defend against it?
13.5.2024
Phishing-as-a-service (PhaaS) makes it easy for cybercriminals to launch sophisticated attacks. Here’s how PhaaS targets crypto users and how to safeguard your assets
Zambian Currency, the Kwacha, Plunges to New Record Low Against US Dollar
10.5.2024
Zambia’s worsening shortage of foreign exchange as well as one of its worst droughts in recent memory saw the local currency drop to a record low of K27.3 to the dollar. As explained in the report, the kwacha has lost as much as 17% in the past six months. Forex Shortages: The Impact...
Kraken Warns SEC’s Claims Could Reorder US Financial Structure
10.5.2024
The crypto exchange Kraken urged the US court to dismiss the SEC claims against it to avoid a "significant reordering" of the US financial regulatory structure.
The post Kraken Warns SEC’s Claims Could Reorder US Financial Structure appeared first on Cryptonews
Marathon Digital Reports Facing ‘Operational Challenges’ in Q1 Earnings
10.5.2024
Bitcoin mining firm Marathon Digital reportedly battled against “operational challenges” to produce record financial results in the first quarter of 2024.
The post Marathon Digital Reports Facing ‘Operational Challenges’ in Q1 Earnings appeared first on Cryptonews
SEC Stifling Innovation by Hindering Ethereum’s Potential in Banking: Joseph Lubin
9.5.2024
Joseph Lubin, co-founder of Ethereum, has launched scathing criticisms against the SEC, accusing the body of deliberately impeding innovation and obstructing Ethereum's transformative potential in the banking landscape.
The post SEC Stifling Innovation by Hindering Ethereum’s Potential...
Helldivers 2’s Community Railing Against New Warbond Weapon, Calls It A ‘Downgrade’
9.5.2024
Helldivers 2’s terrible, no-good, very bad week was meant to be over by now, but instead the game and its developer are taking yet another hard knock. First there was the debacle last week that saw Helldivers 2 a) pulled from Steam in various countries over a PSN login requirement, b)...
WisdomTree’s Crypto Business Goes Live in New York Against Big Shareholder's Wishes
9.5.2024
WisdomTree’s digital asset app on Thursday became available to customers in New York, even as CEO Jonathan Steinberg is under pressure from shareholders as a result of the investment company's push into decentralized finance