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New node certification could coax more institutions into Ether staking
27.8.2024
A consortium of big crypto companies, including Coinbase, has just launched a new certification scheme for Ethereum node operators called NORS.
Binance under scrutiny for seizing Palestinian crypto funds
27.8.2024
Binance denied reports suggesting that the crypto exchange seized funds from all Palestinians, stating that only a small number of accounts was restricted
The Crypto Bull Market Has Created 88K New Millionaires in 2024: Henley Global
27.8.2024
The recent cryptocurrency bull market has created more than 88,000 new crypto millionaires and six crypto billionaires, according to a report by New World Wealth and Henley & Partners
French Court Extends Telegram CEO Pavel Durov’s Police Custody
27.8.2024
French prosecutors have announced that an investigative judge extended the police custody of Pavel Durov, CEO of Telegram, on Monday evening for up to 48 hours. After that, French authorities must either release or charge him. Durov was detained on Saturday at Le Bourget airport amid a judicial...
MakerDAO Is Now 'Sky' as $7B Crypto Lender Rolls Out New Stablecoin, Governance Token
27.8.2024
The driving motivation behind the changes was "how to scale DeFi to gigantic size" and grow a decentralized stablecoin, Rune Christensen said in an interview with CoinDesk
Bank of Russia Eyes Stablecoins for Cross-Border Transactions
27.8.2024
The Bank of Russia is exploring the use of stablecoins in cross-border transactions, considering them as digital financial assets (DFAs) under existing regulations if they have a responsible entity. The initiative may involve a limited group of qualified investors and would require testing...
Crypto Bank Xapo to Manage $200M Bitcoin-Denominated Hedge Fund With Hilbert Capital
27.8.2024
The fund, set for launch in September, will be available to corporates, businesses and professional investors
Jailed Binance Exec's Nigeria Case to Be Heard a Month Early
27.8.2024
The trial was expected to resume on Oct. 11 but is now set to resume next week after defence lawyers requested that the case be heard sooner
AI tokens market cap rebound 79.7% to $32B amid renewed investor confidence
27.8.2024
After a significant slump, the AI and big data crypto market cap has rebounded by nearly 80%, driven by renewed investor confidence
Thailand Extradites Malaysian Businessman to China Over $14 Billion Cryptocurrency Scam
27.8.2024
Thailand has extradited Malaysian businessman Tedy Teow, also known as Zhang Yufa, to China over a massive cryptocurrency scam amounting to more than 100 billion yuan (US$14 billion). This marks the first extradition under the Thailand-China treaty since 1999. Teow, the founder of MBI Group,...
Crypto Market Has Struggled Since Spot Ether ETFs Started Trading: Citi
27.8.2024
Demand for digital assets has dried up in recent weeks and both bitcoin and ether ETFs have seen net outflows in the last month, the report said
New Zealand introduces OECD crypto reporting framework on new tax bill
27.8.2024
Crypto service providers who fail to take “reasonable care” to comply with the requirements could be fined between 20,000 and 100,000 New Zealand dollars ($12,000 and $62,000)
Celsius' Bankruptcy Plan Administrator Pays Out Over $2.5B
27.8.2024
Celsius' bankruptcy administrator has distributed more than $2.53 billion to some 251,000 creditors, it said in its first status report
Singapore Court Imposes 6-Year Prison Sentence on Crypto Ponzi Scheme Mastermind
27.8.2024
Yang Bin, a 61-year-old Dutch national, was sentenced by a Singapore court to six years in prison and fined S$16,000 Singapore dollars for orchestrating a cryptocurrency Ponzi scheme. Yang’s company, A&A Blockchain Innovation, falsely claimed to own 300,000 cryptocurrency mining machines...
Telegram CEO Pavel Durov's arrest has worrying implications for crypto
27.8.2024
Crypto community members fear that Durov’s arrest may lead to stricter controls on decentralized technology
Telegram CEO Pavel Durov’s arrest has worrying implications for crypto
27.8.2024
Crypto community members fear that Durov’s arrest may lead to stricter controls on decentralized technology
White hat ‘SEAL’ team protecting from crypto hacks surpasses 900 investigations
27.8.2024
The crypto security team is preparing to launch a battleground for hackers and crypto protocols at the DeFi Security Summit at Devcon in November
White hat ‘SEAL’ team protecting from crypto hacks surpasses 900 investigations
27.8.2024
The crypto security team is preparing to launch a battleground for hackers and crypto protocols at the DeFi Security Summit at Devcon in November
Latam Insights Encore: El Salvador’s Bitcoin Education Investments Set to Pay Off in Adoption
27.8.2024
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. In this edition, we discuss the recent investments made by the Salvadoran government in Bitcoin education and certification, and how these initiatives might increase...
SEC Charges Two Brothers for a $60 M Crypto Ponzi Scheme
27.8.2024
US Securities and Exchange Commission (SEC) has charged two brothers for allegedly executing a $60 Million crypto Ponzi…