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Base Chain Ecosystem Sees 3x Rise In TVL As This New Base Crypto Presale Raises $450,000
9.4.2024
Ethereum layer-2 scaling blockchain Base, that was launched by Coinbase last year, is enjoying explosive growth in its ecosystem, is enjoying explosive growth this year amid a building meme coin craze, with a new Base crypto presale called Dogeverse recently surging past $450,000 in funds...
Russian Crypto Exchange Transactions Worth $52B Last Year – Central Bank
3.4.2024
Russian crypto exchange transactions amounted to almost $52 billion in 2023, the nation’s Central Bank has revealed.
The post Russian Crypto Exchange Transactions Worth $52B Last Year – Central Bank appeared first on Cryptonews
Binance Appoints Board of Directors for First Time in Effort to Rebuild Reputation Following Legal Troubles
2.4.2024
Binance has named a board of directors for the first time, aiming to reshape its image following last year's guilty plea to US charges of anti-money laundering and sanctions violations.
The post Binance Appoints Board of Directors for First Time in Effort to Rebuild Reputation Following Legal...
Decentralization Dilemma: Blockchain Games Require Data For User Acquisition
29.3.2024
Web3 games continue to dominate on-chain activity. According to DappRadar’s recent Game Report, blockchain games accounted for 34% of decentralized application (Dapp) activity last year. The report also notes that Web3 games attracted 1.1 million active daily users in 2023. Source: DappRadar...
Kevin O’Leary Wants To Buy TikTok and Implement Cryptocurrency Features
28.3.2024
Mainstream cryptocurrency adoption is well underway according to recent findings from a Crypto.com report that show global cryptocurrency ownership increased by 34% last year. According to the report, 432 million people owned crypto in January 2023, a number which rose to 580 million by the end...
Illicit Funds in Crypto Ecosystem Shrank 9% Last Year, Yet Criminals Still Handled Nearly $35B: TRM Labs
27.3.2024
Illicit activity in the cryptocurrency ecosystem appears to have reduced, with the total illicit funds shrinking by 9% in 2023 compared to 2022, even though criminals still handled over $34 billion worth of cryptocurrencies, Blockchain analytics firm TRM Labs has found
MexC Crypto Exchange Adds Shiba Inu Rival, Golden Inu, Price Explodes — Nearly +200% Yields
3.3.2024
Just last year there was a mass migration of Shiba Inu (SHIB) token loyalists that switched over to the rival memecoin project, Golden Inu (GOLDEN).
The post MexC Crypto Exchange Adds Shiba Inu Rival, Golden Inu, Price Explodes — Nearly +200% Yields appeared first on Cryptonews
Crypto Bros Are Falling For Romance Scams At A Record Rate: Chainalysis
29.2.2024
Romance scams were a brutal driver of illicit crypto activity last year, according to blockchain investigators at Chainalysis. The blockchain intelligence platform’s 2024 Crypto Crime Report states that so-called “pig butchering scams” nearly doubled their revenue in 2023 compared to 2022, and have...
Bonk Price Prediction as BONK Surges 50% in 24 Hours – $1 BONK Incoming?
29.2.2024
Meme coin BONK has surged 50% in the last 24 hours and nearly 75% in the last week to hit a new two-and-a-half-month high of $0.00002116, according to data from CoinGecko. Although the token is now back within the range it was on December 22 last year, it’s still nearly 40% short of...
Crypto Market Research Firm Observes Declining Weekend Trading Activity for Bitcoin
28.2.2024
Nobody is trading Bitcoin on the weekend anymore, concludes a new blog post by analysts at blockchain market data provider Kaiko. So far this year, only 13% of all Bitcoin transactions have been executed on the weekend. This is down from 17% last year and 24% back in 2018. Over that same period...
Riot Platforms Made Over $280 Million Last Year, New Annual Report Reveals
23.2.2024
Bitcoin mining operation Riot Platforms made over $280 million last year alone, the company's 2023 annual report released Thursday, February 22, reveals.
The post Riot Platforms Made Over $280 Million Last Year, New Annual Report Reveals appeared first on Cryptonews
Crypto Money Laundering Dropped 30% Last Year, Chainalysis Says
15.2.2024
Illicit addresses sent $22.2 billion in cryptocurrency to services in 2023, a decrease from $31.5 billion in 2022, and centralized exchanges remain the primary destination
RockWallet Absorbs Crypto Payments Firm Wyre’s User Base in Post-Shutdown Move
15.2.2024
Following last year’s closure of crypto checkout gateway Wyre, non-custodial wallet RockWallet is stepping in to acquire its user base. The self-managed crypto wallet acquired the entirety of Wyre’s customer base on Thursday, around eight months after the latter’s shutdown in June 2023....
Tiger Global Exited Coinbase Stake Late Last Year, Filing Shows
14.2.2024
Tiger sold 38,850 shares during the fourth quarter
FCA Reviewed 44 Crypto Firms Registered in UK For Anti-Money Laundering Purposes
14.2.2024
The Financial Conduct Authority (FCA) has conducted internal reviews on 44 cryptocurrency firms registered in the country to tackle money laundering concerns. In a Feb 14 release, the regulator highlighted key areas in the UK markets including digital assets regulations. Last year, the FCA carried...
28.2% of Data Requests Originated from U.S. Agencies in 2023, Kraken Says
13.2.2024
Crypto exchange Kraken published a report today detailing the data requests it received from official bodies last year. In a blog post, the exchange revealed that it had received a total of 4923 data requests in 2023, with U.S. agencies accounting for 1393 of those requests. Stay in-the-know with...
Peter Thiel’s VC Firm Founders Fund Made $200M Crypto Bet Last Year
13.2.2024
San Francisco-based venture capital firm Founders Fund has once again jumped on the crypto bandwagon. Reuters reported on Monday that Peter Thiel’s VC allocated $200m toward crypto from late summer to early fall of 2023. Half of this investment was directed towards Bitcoin, with the other...
Cheap Energy Cost Fuels Chinese Bitcoin Miners Migration to Ethiopia
12.2.2024
Ethiopia has become a lucrative destination for Bitcoin miners with lower energy costs and friendly government policies driving the move. According to Bloomberg, Bitcoin miners from China and other countries are setting up shop in the East African country followed by energy deals with electricity...
Russian Central Bank Says ‘Almost All Financial Scams Are Now Crypto-themed’
12.2.2024
The Russian Central Bank claimed “almost all” the financial scams it found last year had crypto-related elements. In an official release, the bank wrote that there had been a year-on-year rise of almost 16% in financial scams in 2023. In “almost” every case, the bank said it had detected a crypto...
Former British Finance Minister Denies Crypto Lobbying Allegations
9.2.2024
The UK’s former Chancellor of the Exchequer, Lord Philip Hammond, has denied allegations that he may have been illegally lobbying for crypto company Copper. Hammond currently Chairs the Switzerland-based crypto firm. He has had the appointment since January last year after first serving as...