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UAE Agriculture Authority Bans Cryptocurrency Mining on Farms
24.5.2024
The Abu Dhabi Agriculture and Food Safety Authority, United Arab Emirates (UAE), has issued a new advisory prohibiting the use of farms for cryptocurrency mining.
The post UAE Agriculture Authority Bans Cryptocurrency Mining on Farms appeared first on Cryptonews
Investing in the Metaverse: Is It Worth It?
24.5.2024
The concept of the Metaverse has gained significant attention in recent times, prompting many to consider its investment prospects.
The post Investing in the Metaverse: Is It Worth It? appeared first on Cryptonews
Newly-Approved Spot Ether ETFs Could Start Trading by Mid-June: Analyst
24.5.2024
Newly-approved spot Ethereum exchange-traded funds (ETFs) could potentially hit the market by mid-June, as per Bloomberg ETF analyst James Seyffart
The post Newly-Approved Spot Ether ETFs Could Start Trading by Mid-June: Analyst appeared first on Cryptonews
Detained Binance Executive Tigran Gambaryan Collapses During Money Laundering Trial in Nigeria
24.5.2024
Tigran Gambaryan, a detained executive of cryptocurrency exchange Binance, collapsed in court due to alleged ill health during his ongoing money laundering trial in Nigeria.
The post Detained Binance Executive Tigran Gambaryan Collapses During Money Laundering Trial in Nigeria appeared first...
Coinbase Re-Introduces XRP Trading for New York Customers
23.5.2024
Coinbase is reintroducing support for XRP in New York, allowing residents to buy and sell the cryptocurrency on its platform once again.
The post Coinbase Re-Introduces XRP Trading for New York Customers appeared first on Cryptonews
Bybit CEO Denies Rumors of Hack and Insolvency Amid Social Media Frenzy
23.5.2024
Speculations regarding Bybit's potential hack or insolvency sparked concerns within the crypto community, prompting CEO Ben Zhou personally to step in to refute these claims.
The post Bybit CEO Denies Rumors of Hack and Insolvency Amid Social Media Frenzy appeared first on Cryptonews
Nigerian Court Adjourns Binance Tax Evasion Trial to June 14
23.5.2024
The Federal High Court in Abuja has adjourned the tax evasion case against Binance Holdings Limited and its executive, Tigran Gambaryan, till June 14 due to Gambaryan's absence.
The post Nigerian Court Adjourns Binance Tax Evasion Trial to June 14 appeared first on Cryptonews
Fed Survey Finds 7% of US Adults Using Crypto, Down from Previous Years
23.5.2024
The number of United States adults reporting cryptocurrency ownership or usage has seen a significant decline, according to the latest annual household survey conducted by the Federal Reserve.
The post Fed Survey Finds 7% of US Adults Using Crypto, Down from Previous Years appeared first...
Hong Kong Police Arrest 100 Fraud Suspects and Recovers Over HK$180 Million
22.5.2024
Hong Kong police have arrested 100 individuals in a significant crackdown on fraud and money-laundering syndicates, recovering over HK$180 million (US$24.2 million) from 295 victims.
The post Hong Kong Police Arrest 100 Fraud Suspects and Recovers Over HK$180 Million appeared first on Cryptonews
Ethereum Futures ETFs Hit Record Daily Trading Volume Amid Anticipation of Spot Approvals
22.5.2024
The daily trading volume for Ethereum futures exchange-traded funds (ETFs) surged to an all-time high yesterday, fueled by increasing anticipation of potential spot approval from the U.S. Securities and Exchange Commission (SEC).
The post Ethereum Futures ETFs Hit Record Daily Trading Volume Amid...
BlackRock’s Bitcoin ETF Sees $300 Million in Inflows, Reversing Trend of Low Flows
22.5.2024
BlackRock's spot Bitcoin ETF has generated significant traction, accounting for 95% of the total inflow into United States spot Bitcoin ETFs on Tuesday.
The post BlackRock’s Bitcoin ETF Sees $300 Million in Inflows, Reversing Trend of Low Flows appeared first on Cryptonews
ZachXBT Uncovers 7 More Addresses Linked to Lazarus Worth $61 Million—Here’s the latest
21.5.2024
ZachXBT has identified seven wallet addresses containing 891.13 Bitcoin, worth approximately $61 million, linked to the infamous North Korean hacking group Lazarus.
The post ZachXBT Uncovers 7 More Addresses Linked to Lazarus Worth $61 Million—Here’s the latest appeared first on Cryptonews
Hong Kong Police Arrest Three in HK$5.1 Million Virtual Investment Talk Show Ticket Scam
21.5.2024
Hong Kong police have arrested three individuals linked to a fraud syndicate that allegedly defrauded at least 10 residents out of HK$5.1 million (US$653,900) by deceiving the victims into bidding for fake tickets to a virtual investment talk show with the intention of reselling them for...
Gala Games Hit by $23 Million Token Exploit Due to ‘Messed Up’ Internal Controls
21.5.2024
Gala Games, a prominent blockchain gaming platform, experienced a significant security breach attributed to "messed up internal control" that resulted in the unauthorized sale of 600 million GALA tokens, valued at $23 million.
The post Gala Games Hit by $23 Million Token Exploit Due...
Bitcoin Hits Record Highs Against Local Currencies in Asia and South America with 7% Daily Surge
21.5.2024
Bitcoin has achieved all-time highs against local currencies in several countries across Asia and South America, following a significant 7% surge in its price.
The post Bitcoin Hits Record Highs Against Local Currencies in Asia and South America with 7% Daily Surge appeared first on Cryptonews
Darknet Drug Dealer ‘Pharaoh’ Accused of Facilitating $100M in Crypto Sales Arrested in New York
21.5.2024
Taiwanese national and darkweb drug dealer Rui-Siang Lin, who allegedly made more than $100 million in cryptocurrency sales of illegal narcotics, has been arrested by U.S. authorities.
The post Darknet Drug Dealer ‘Pharaoh’ Accused of Facilitating $100M in Crypto Sales Arrested in...
XLink Partners with Kaamel Technology to Investigate $10M Security Breach
20.5.2024
XLink has announced a partnership with cybersecurity firm Kaamel Technology, which aims to thoroughly investigate the 'root cause' of a data breach incident on May 15, involving nearly $10 million of user funds.
The post XLink Partners with Kaamel Technology to Investigate $10M Security Breach...
Binance Encourages Small and Medium Crypto Projects to Tackle Low Float and High FDV
20.5.2024
Binance, the world's largest cryptocurrency exchange, has urged small and medium-sized crypto projects to address the prevalent trend of low float and high fully diluted valuations (FDV).
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Cloud Miner BitFuFu Reports a 149% Spike in Q1 Revenue
20.5.2024
BitFuFu's total revenue skyrocketed 149% year-over-year to $144.4 million, beyond expectations. Profit figures were even more massive as its net income exploded more than 12-fold to $35.3 million.
The post Cloud Miner BitFuFu Reports a 149% Spike in Q1 Revenue appeared first on Cryptonews
Ethereum Foundation Researcher Faces Criticism Over Paid Advisory Role with Eigen Foundation
20.5.2024
Justin Drake, a prominent researcher at the Ethereum Foundation, has disclosed his acceptance of an advisory role at EigenFoundation, the organization behind the EigenLayer protocol.
The post Ethereum Foundation Researcher Faces Criticism Over Paid Advisory Role with Eigen Foundation appeared first...