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9% of French Adults Now Invested in Crypto Assets, AMF Survey Reveals
13.11.2023
Amidst the global wave of new retail investment, France’s Autorité des Marchés Financiers (AMF) has observed a significant uptick in the number of individuals holding crypto assets. A study conducted by the AMF, supported by the Technical Support Instrument of the EU, reveals that as of 2023...
Bitcoin, Ethereum, and Crypto Google Searches Surge, Peaking in October Before Tapering Off
12.11.2023
Over the 90-day stretch from August 13 to November 11, 2023, bitcoin (BTC) along with a broad array of crypto assets have posted substantial increases. Data from Google Trends in this timeframe indicates a surge in searches for “bitcoin,” “crypto,”...
Weekly Market Recap: Crypto Economy Surges to $1.4T as FTT and ORDI Outshine the Rest
11.11.2023
This week, the crypto economy climbed to the $1.4 trillion range as dozens of virtual assets witnessed gains. From November 4 to Saturday, November 11, 2023, several crypto assets recorded triple-digit weekly gains, and a great deal captured double-digit gains. This week, the top two gainers...
Institute of Crypto-Assets Launches in Paris to Advance Research and Education in Blockchain Technology
10.11.2023
Source: iStock The inaugural Institute of Crypto-Assets, focused on research about blockchain technology and cryptocurrencies, has been officially opened at the Léonard de Vinci Center in Paris. On November 8, the Institute of Crypto-Assets officially opened its doors at the Léonard de Vinci Center...
US and Allies to Intensify Sanctions Against Hamas, Targeting Crypto Assets to Cut Funding
10.11.2023
Source: Adobe Stock/ sveta The United States and its allies are set to escalate sanctions against the militant group Hamas in the coming days. According to the U.S. Deputy Treasury Secretary Wally Adeyemo, more actions will be taken in the coming days and weeks to cut funding channels to Hamas...
US Regulator to Continue Going After Crypto Entities Despite Court Setbacks — Expert
9.11.2023
The U.S. Securities and Exchange Commission is unlikely to issue clear guidelines on the application of the law against the crypto industry before its case against Ripple is finalized, an industry expert has said. The U.S. securities regulator only needs to provide “additional facts”...
EBA Releases Liquidity Guidelines for Stablecoin Issuers
8.11.2023
Source: European Banking Authority (EBA) The European Banking Authority (EBA) has issued guidelines regarding liquidity and capital requirements for stablecoin issuers in line with the EU’s new Markets in Crypto Assets (MiCA) regulation. A third batch of #MiCAR public consultations has...
Over 600 Stablecoins ‘Depeg’ in 2023, Moody’s Analytics Launches Monitoring Tool
7.11.2023
Stablecoins, the crypto assets crafted to mirror the stability of fiat currency, have encountered over 600 significant instances of price instability in 2023, as per Moody’s Analytics. A ‘depeg’ or ‘depegging’ event is characterized by a stablecoin’s value...
Today in Crypto: US SEC Candidates Unwilling to Divest Crypto Assets, BSC Ranks 4th in Q3 Fiat Losses
7.11.2023
Source: AdobeStock / MuhammadIlyas Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Career news The US Securities and Exchange Commission (SEC) is having trouble hiring crypto experts –...
Smart Contract Platform Tokens Command 26% of Crypto Economy Amidst Market Gains
5.11.2023
It’s been a strong week for smart contract platform tokens, with the top ten performers all notching growth against the U.S. dollar. The rise ranged from ethereum’s (ETH) 4.2% jump to solana’s (SOL) 32.5% surge. The smart contract coin sector witnessed 32 crypto assets...
Bitcoin, Ethereum Technical Analysis: Leading Crypto Assets See Choppy Price Action
3.11.2023
Bitcoin and ethereum prices declined in trading on Friday, November 3, 2023, as technical oscillators flashed mixed signals for the two largest cryptocurrencies by market capitalization. Bitcoin Bitcoin (BTC) fell 3.3% to $34,195 amid light trading volume of $20.79 billion over the last 24 hours....
Argentina’s E-Commerce Giant MercadoLibre Reports $21 Million in Customer Crypto Assets
2.11.2023
MercadoLibre , the renowned e-commerce platform in Argentina, has seen notable growth in its crypto segment. According to the company’s latest quarterly earnings report, MercadoLibre’s customers held a total of $21 million in crypto assets as of September 2023, a significant increase...
Onyx Protocol Suffers $2.1M Loss in Defi Breach, Fraction of Funds Redirected to Tornado Cash
1.11.2023
Multiple sources have confirmed that Onyx Protocol, a decentralized finance (defi) platform, has been compromised in a security breach, resulting in a loss of $2.1 million. In the wake of this attack, a fraction of the stolen crypto assets, originally from the cross-token liquidity market, were...
Attacker Exploits Rounding Issue to Steal $2.1 Million From Onyx Protocol
1.11.2023
DeFi project Onyx Protocol has fallen victim to a security breach, losing more than $2 million worth of crypto assets. According to a recent post by blockchain security firm Polyzoa, the attacker exploited a rounding issue within the Onyx Protocol to steal $2.1 million worth of funds from...
Judge Urges for SEC Decision on Planned Celsius Restart as Crypto Miner
1.11.2023
America’s securities regulator has been urged to decide if it will approve a plan to transform Celsius Network into a bitcoin mining firm. The proposal seeks to repay customers of the bankrupt cryptocurrency lender with both crypto assets and stock in a new publicly traded mining entity. New York...
Spain Moves to Adopt MiCA Six Months Before Deadline, Cites Investor Protection: Here’s More
31.10.2023
Spain has unveiled plans to reduce the transition period before the application of the Markets in Crypto Assets (MiCA) regulation. A recent publication from the government shows a meeting with the first vice president Nadia Calvino and Verena Ross, the President of the European Securities...
Nigerian Fintech Startup Vella Finance Drops Crypto-Related Services
31.10.2023
The Nigerian fintech Vella Finance recently informed users and subscribers that it would stop offering crypto related services starting on Oct. 30. According to co-founder Tolu Adedayo, offering crypto and banking services at the same time is not feasible, hence the decision to drop the former....
Fake Wallet APP Downloads and Malicious Backdoors are Leading Causes of Crypto Loss: Bitrace
30.10.2023
One of the leading causes of loss of crypto assets is the download of fake wallet applications from search engines. Fraudsters take advantage of search engine optimization (SEO) and search engine marketing (SEM) techniques to promote phishing links that lead to counterfeit wallet apps with...
Hackers Steal $4.4 Million From 25 Users of Lastpass Password Management App
29.10.2023
Digital assets worth approximately $4.4 million were reportedly stolen from more than 80 addresses belonging to 25 users of the password management app Lastpass. Crypto theft investigator Zachxbt has urged crypto asset holders using the password manager to consider removing their keys...
New Law Expands Police Powers to Seize Crypto in UK
28.10.2023
A new law that gives law enforcement agencies greater powers to seize, freeze, and recover crypto assets has entered into force in the U.K. The law introduces provisions for police to “seize crypto assets more easily and convert them into money before a forfeiture hearing has taken...