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Crypto Exchange Bitmex Pleads Guilty to Violating Bank Secrecy Act, AML Failures
13.7.2024
Crypto exchange Bitmex has pleaded guilty to violating the Bank Secrecy Act (BSA) by failing to maintain an adequate anti-money laundering (AML) program, resulting in the company being a vehicle for large-scale money laundering. The DOJ announced this plea following previous legal actions...
CME Group Adds XRP to Crypto Benchmarks
13.7.2024
CME Group, a leading global markets company, has announced the launch of XRP and ICP reference rates and real-time indices. Ripple CEO Brad Garlinghouse explained that the first step towards institutional crypto products is having a trusted benchmark reference rate. CME Group Introduces Transparent...
Will UK Economic Secretary follow through with a ‘crypto crackdown’?
12.7.2024
MP Tulip Siddiq called for crypto regulation as shadow economic secretary while in the opposition, and now the Labour Party is in control of the UK government
Trading platform Abra purchased Valkyrie’s crypto trusts: Report
12.7.2024
Abra purchased the trusts amid a settlement with 25 US state regulators connected to financial licensing violations
US Senator Discusses Crypto Policies Under Potential Second Trump Administration
12.7.2024
U.S. Senator Bill Hagerty discusses key issues including cryptocurrency’s future under a potential second Trump administration, highlighting former President Donald Trump’s pro-crypto stance and criticism of Democratic policies. Hagerty advocates for a supportive ecosystem to foster...
Paraguayan Senate Passes Law Imposing up to 10 Years of Jail Time on Crypto Miners for Electricity Theft
12.7.2024
The Paraguayan senate has passed a series of reforms that changed penalties for energy and cryptocurrency mining-related energy theft. Now, individuals and companies found to be stealing energy for cryptocurrency mining activities will face jail time for up to 10 years, while energy theft for other...
Crypto hacks top $1.4B, MetaMask streamlines Web3 onboarding: Finance Redefined
12.7.2024
Centralized exchanges are becoming the new ground zero for hackers, as shown by a 900% increase in losses year-over-year
‘Going Full Hugo Chavez’: Bukele Expands Farmers’ Markets in El Salvador to Fight Price Gouging Practices
12.7.2024
President Nayib Bukele compared himself to the late Venezuelan President Hugo Chavez after announcing that Farmers’ Markets, an initiative of the Agriculture Ministry of El Salvador focused on offering lower prices to Salvadorans in selected items, will be permanently open. These markets...
Arthur Hayes on Bitcoin’s Political Clout: Can Crypto Voters Influence the 2024 Election?
12.7.2024
Arthur Hayes, co-founder of Bitmex, argues that the upcoming U.S. presidential election presents a unique opportunity for crypto advocates to leverage their voting power. With both major political parties vying for a narrow margin of swing voters, Hayes believes the crypto community could play...
Coinbase Report: Crypto Market Shook by German BTC Sales; Recovery Expected by September Despite US Economic Slowdown
12.7.2024
The third quarter of 2024 has been tumultuous for the crypto market, with significant selling pressures and regulatory uncertainties affecting bitcoin and other digital assets. Coinbase Institutional reports that indiscriminate selling by the German government and the Mt Gox Rehabilitation Trust...
Crypto Tycoon Justin Sun Debunks $69K Bitcoin Long Buy Myth
12.7.2024
Recently, Justin Sun, the founder of TRON and the chief advisor of Huobi, has been making headlines for his Bitcoin investments. He clarified that he did not enter a long Bitcoin at $ 69,000. This came after Ki Young Ju, the CEO of CryptoQuant, accused Sun of trading activity related to the...
Traditional Money Launderers Appear to Be Using Crypto, Chainalysis Says
12.7.2024
The crypto tracing company's latest report shines a light on potential money laundering
Switching from MetaMask? Here are 5 alternative crypto wallets
12.7.2024
Which cryptocurrency wallets are good alternatives to MetaMask?
Switching from MetaMask? Here are 5 alternative crypto wallets
12.7.2024
Which cryptocurrency wallets are good alternatives to MetaMask?
Here’s what happened in crypto today
12.7.2024
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation
Crypto holders predicted to triple by 2026, says Lunu CEO
12.7.2024
The current 560 million crypto holders could see a three-fold increase during the next two years, but user experience remains the biggest challenge
Crypto holders predicted to triple by 2026, says Lunu CEO
12.7.2024
The current 560 million crypto holders could triple in number during the next two years, but user experience remains the biggest challenge
Core Scientific Partners With Block to Receive 15 EH/s in New Bitcoin Mining ASICs
12.7.2024
Core Scientific, a large U.S.-based bitcoin mining and hosting provider, and Block, a leading financial services firm, have partnered in a project to integrate the first 3nm bitcoin mining chips produced by the latter. Core Scientific will receive 15 exahash per second (EH/s) of Block’s...
Crypto execs on DeFi domain hacks: Don’t interact with crypto for now
12.7.2024
CoinGecko founder Bobby Ong explained that after Google sold its domain business to Squarespace, two-factor authentication was removed due to the forced migration of domains
Crypto execs on DeFi domain hacks: Don’t interact with crypto for now
12.7.2024
CoinGecko founder Bobby Ong explained that after Google sold its domain business to Squarespace, two-factor authentication was removed due to the forced migration of domains