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OKX Quietly Settled Regulatory 'Failings' With Malta Financial Services Authority
27.3.2024
The $322,000 “goodwill” settlement with MFSA related to OKX’s Okcoin Europe subsidiary
Zokyo clears audit report for IOTA’s EVM L2
27.3.2024
IOTA received clearance from Zokyo after the audit process concluded. This pertains to its EVM L2, which will likely enter the market soon. The development has been shared by IOTA and confirmed by Zokyo. This marks the completion of the final and the most crucial step in preparation for the launch....
Web3 Game Munchables Loses $62.5 Million to Exploit: ZachXBT
27.3.2024
Web 3 game platform Munchables on Ethereum's Layer 2 Blast network faces a $62.5 million ETH exploit, with ZachXBT tracking down the hefty loss.
The post Web3 Game Munchables Loses $62.5 Million to Exploit: ZachXBT appeared first on Cryptonews
Gaming Firm Illuvium Raises $12M Funding Led by King River Capital, Arrington and Animoca
27.3.2024
Blockchain gaming firm Illuvium has raised $12 million in a series A funding round with contributions from investors such as Australian venture capital firm King River Capital, Arrington Capital and Animoca Ventures.
The post Gaming Firm Illuvium Raises $12M Funding Led by King River Capital...
KuCoin Sees Over $1 Billion Outflows After Money Laundering Charges in US
27.3.2024
Crypto exchange KuCoin saw over $1 billion in outflows in the last 24 hours after the US prosecutors announced charges against the exchange and two of its founders, Chun Gan and Ke Tang, for violating anti-money laundering laws.
The post KuCoin Sees Over $1 Billion Outflows After Money Laundering...
Crypto Miner Bitdeer Seeks $100M Financing from Private Credit Firms
27.3.2024
Crypto mining firm Bitdeer Technologies is reportedly in discussions with private credit firms to secure $100m in financing to expand its Bitcoin mining capacity.
The post Crypto Miner Bitdeer Seeks $100M Financing from Private Credit Firms appeared first on Cryptonews
0G Raises $35 Million to Fuel AI Integration in Web3 Ecosystem With Modular Innovation
27.3.2024
On March 26, 2024, the Web3 modular infrastructure startup 0G secured $35 million in funding from over 40 strategic backers. Representing “zero gravity,” 0G is dedicated to enhancing infrastructure scalability through modular design. Its primary focus is on addressing the essential...
Russian Ministries Discuss Crypto Mining ‘Legalization’ – But There’s a Twist
27.3.2024
Russian ministries could be prepared to “legalize” industrial crypto mining in the country, but one key department could yet throw a spanner in the works.
The post Russian Ministries Discuss Crypto Mining ‘Legalization’ – But There’s a Twist appeared first on Cryptonews
NEAR Launches Multichain Transaction From One Account Feature
27.3.2024
Chain signatures allow users to transact on any network from one account
Coinbase to Shift USDC Accounts to Its Layer Two Blockchain Base
27.3.2024
Coinbase plans to transition more customer and corporate Usd coin (USDC) stablecoin accounts to Base, its Ethereum layer two blockchain, aiming for reduced fees and quicker settlement times, as announced by Coinbase VP Max Branzburg. The move is seen by some in the crypto industry as a positive...
Hancom Scion Released on Bail in South Korean ‘Crypto Slush Fund’ Probe
27.3.2024
A South Korean court has released the son of software giant Hancom Group’s Chairman on bail as prosecutors continue to probe an alleged “crypto slush fund.”
The post Hancom Scion Released on Bail in South Korean ‘Crypto Slush Fund’ Probe appeared first on Cryptonews
Stacks Accelerates Toward Mainnet With Strategic Nakamoto Testnet Rollout
26.3.2024
The layer two (L2) project Stacks has officially released its public Nakamoto Testnet, offering a refined testing ground for developers and signers ahead of the mainnet launch. Stacks Introduces Nakamoto Testnet for Comprehensive Pre-Mainnet Testing In a significant step forward for the Stacks...
U.S. Sanctions Hezbollah Crypto Operator Linked to Terrorist Funding
26.3.2024
A hawala operator who worked with agents from Hezbollah on cryptocurrency funding infrastructure has been sanctioned by the U.S. Treasury’s Office of Foreign Assets Control (OFAC), the federal agency announced Tuesday. Tawfiq Muhammad Said Al-Law is accused of providing digital wallets to...
Fifth-Richest Bitcoin Whale Transfers Over $6 Billion in BTC After Years of Dormancy – What’s Going On?
26.3.2024
Blockchain investigator firm Arkham Intelligence announced on March 25 that the fifth-richest Bitcoin Whale had moved 94,504 BTC worth $6.05 billion to three new addresses. The Bitcoin wallet address, also dubbed 37X, has remained dormant since 2019.
The post Fifth-Richest Bitcoin Whale Transfers...
Is It Too Late to Buy Ondo? ONDO Price Hits Record High as SpongeV2 Eyes Major Exchange Listings
26.3.2024
Flux Protocol and Ondo DAO’s governance token ONDO set a new all-time high (ATH) earlier today, according to data by CoinGecko. In the morning GMT, ONDO rose to a record price of $0.9934, before before pulling back 11% to its current level of $0.8679. ONDO is currently the 95th biggest...
Galaxy Digital's Strong Earnings Will Carry Into Current Quarter, Analyst Says
26.3.2024
Improved crypto market conditions due to anticipation of spot bitcoin ETF approval helped boost earnings, the report said
Revolutionizing Sui: Inspect’s leap in blockchain innovation
26.3.2024
In an exciting, significant decision aimed at revamping the Sui ecosystem, a leading tech firm has declared its ambition to take the primary position of data provider for the Sui Network. This collaborative venture ushered in the creation of a purpose-built platform with its creation mission to...
CashFusion introduces eCash wallets for maximum privacy on Blockchains
26.3.2024
A non-custodial wallet such as CashFusion has effectively bolstered the security of numerous users in the aftermath of cryptocurrency scams. These solutions enable more users to put their trust in the crypto ecosystem and safely manage their assets without worrying about security loopholes....
KuCoin Crypto Exchange and Founders Charged by DOJ for $9B Laundering, Anti-Money Laundering Violations
26.3.2024
Crypto exchange KuCoin and two of its founders just got charged by US authorities for operating as an illegal exchange in the USA, as well as for failing to implement anti-money laundering protocols.
The post KuCoin Crypto Exchange and Founders Charged by DOJ for $9B Laundering, Anti-Money...
UK Government-Backed Technology Group Encourages Tokenization Collaboration Among Firms
26.3.2024
A new report released on Tuesday outlines the recommendations of a technology working group supported by the UK government, which encourages companies to adopt tokenization strategies in collaboration with their industry peers.
The post UK Government-Backed Technology Group Encourages Tokenization...