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South Korean Police Arrest 34 in Swoop on Crypto-powered Drugs Smuggling Ring
17.5.2024
South Korean police have arrested 34 people in a raid on a suspected crypto-powered drugs smuggling ring, officers announced on May 16.
The post South Korean Police Arrest 34 in Swoop on Crypto-powered Drugs Smuggling Ring appeared first on Cryptonews
$25M Sophisticated Ethereum Blockchain Exploit Leads to Arrests in US
17.5.2024
The U.S. Department of Justice (DOJ) has indicted two brothers for wire fraud and money laundering. They allegedly exploited the Ethereum blockchain to steal $25 million in cryptocurrency within 12 seconds. Using sophisticated techniques, they manipulated transactions and concealed their...
Tether and TON Partner with Oobit for USDT-to-Fiat Transactions via Mobile App
16.5.2024
Tether Operations Limited, the largest entity in the digital asset ecosystem, announced a strategic partnership with Oobit, a mobile payment app, and the TON Foundation on May 16.
The post Tether and TON Partner with Oobit for USDT-to-Fiat Transactions via Mobile App appeared first on Cryptonews
Community Launches Decentralized Memecoin To Take Anti-SEC Stance
16.5.2024
In response to the increasing regulatory scrutiny by the SEC on crypto, a small group of community members has launched a decentralized memecoin called NotWifGary (NWG).
The post Community Launches Decentralized Memecoin To Take Anti-SEC Stance appeared first on Cryptonews
Mastercard’s Start Path Welcomes Five Startups to Develop Blockchain Use Cases
16.5.2024
Mastercard has announced the selection of five startups to participate in its Start Path blockchain and digital assets program, which seeks to foster innovation in blockchain technology and digital asset utilization.
The post Mastercard’s Start Path Welcomes Five Startups to Develop...
India’s SEBI Open to Crypto Oversight, RBI Seeks Stablecoin Ban
16.5.2024
The Securities and Exchange Board of India (SEBI) has proposed a multi-regulator approach to oversee cryptocurrency trading. In contrast, the Reserve Bank of India (RBI) seeks a stablecoin ban.
The post India’s SEBI Open to Crypto Oversight, RBI Seeks Stablecoin Ban appeared first...
Coinbase Shares Sink 9% on Report CME to Consider Listing Spot Bitcoin
16.5.2024
The stock was the second worst performing among crypto stocks on Thursday
Solana Meme Coin Factory Pump.Fun Compromised by 'Bonding Curve' Exploit
16.5.2024
The exploiter may not be making any money from the attack
DTCC, Chainlink Complete Pilot to Accelerate Fund Tokenization with JPMorgan, Templeton, BNY Mellon Participating
16.5.2024
The aim of the Smart NAV pilot was to test a process to bring and disseminate fund data on multiple blockchains, a key step for tokenization
Tokenized Treasuries Are An Emerging Asset Class, But RWA Adoption May Take Time
16.5.2024
Tokenized treasuries are becoming a global asset class according to S&P Global Ratings, as these provide a number of benefits to institutions
The post Tokenized Treasuries Are An Emerging Asset Class, But RWA Adoption May Take Time appeared first on Cryptonews
U.S. Treasury Says It Wants to Better Money Laundering Regulations Around Crypto, Other Illicit Finance
16.5.2024
The U.S. Treasury Department wants to continue beefing up anti-money laundering and counter-terrorist financing efforts around digital assets, as part of its broader strategy to tamp down on illicit financing
FaZe Clan Gets Into Bed With Sports Gambling After Massive Member Purge
16.5.2024
FaZe Clan, the massively popular conglomerate of pro gamers, streamers, and online personalities, is trying to reinvent itself after a catastrophic IPO and recent purge of a majority of its members. It’s now partnering with DraftKings to do that, taking $11 million from the sports betting app...
Millennium Management and Morgan Stanley Report Significant Spot Bitcoin ETF Holdings
16.5.2024
According to 13F filings with the U.S. Securities and Exchange Commission (SEC), Millennium Management, a highly successful hedge fund, holds nearly $2 billion in spot bitcoin exchange-traded fund (ETF) shares. This week, it was further revealed that Morgan Stanley, a giant multinational investment...
ShibaSwap Upgrades to Shibarium Blockchain in Major Overhaul
16.5.2024
The Shiba Inu ecosystem's decentralized exchange, ShibaSwap, has successfully transitioned to the Shibarium blockchain, introducing many new features and enhancements, including improved SHIB burns.
The post ShibaSwap Upgrades to Shibarium Blockchain in Major Overhaul appeared first on Cryptonews
US Bitcoin ETFs Achieve 3-Day Inflow Streak, Netting $303M on Wednesday
16.5.2024
U.S. spot bitcoin exchange-traded funds (ETFs) performed well on Wednesday, completing a three-day streak of inflows and accumulating $303 million in gains on May 15. Data indicates Blackrock’s IBIT inflows have been minimal, recording zero inflows over the past few trading sessions....
As a Pension Embraces Bitcoin, Hope Grows for Cryptocurrency's Long-Term Prospects Even Among Conservative Pros
16.5.2024
Spot bitcoin exchange-traded funds debuted with a giant splash in January, quickly attracting billions of dollars of investment. But who was buying them and why have inflows stalled in recent weeks? Was it a fad that fizzled?
Animoca Brands leads $7M funding round for Param Labs
16.5.2024
The lack of Web3 gaming infrastructure remains the biggest hurdle for mainstream adoption, according to Param Labs' CEO
Regulatory crackdown spawns anti-SEC 'CultureCoin'
16.5.2024
Creators of NotWifGary aim to "stand [their] ground against Gary Gensler and the SEC" in support of Ethereum and open-source developers
Telegram-Based Notcoin Debuts at $1B FDV on Ton Blockchain
16.5.2024
Notcoin, a gaming token that has more than 35 million users, has began trading at a $TKTK fully diluted value (FDV), according to TradingView
Crypto and DeFi Wallet Firm Fordefi Gets Cover from Insurance Giant Munich Re
16.5.2024