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SEBI Chairperson proposes rapid settlement to compete with crypto
14.3.2024
SEBI, which is the Securities and Exchange Board of India, has maintained its distance from the cryptosphere. SEBI is skeptical about how things would roll out if cryptos were legalized or the market was allowed to move freely in the country. A portion where it remains undeterred is with...
UEFA Searching For Crypto Exchange Sponsors For Champions League
14.3.2024
UEFA is looking to secure sponsors from the cryptocurrency exchange sector for the upcoming 2024-2027 cycle of its prestigious men's Champions League (UCL) club competition.
The post UEFA Searching For Crypto Exchange Sponsors For Champions League appeared first on Cryptonews
Judge Edgardo Ramos rejects SEC petition against Gemini Earn program
14.3.2024
Judge Edgardo Ramos denied dismissing a case that the US Securities & Exchange Commission had brought against the US District Court for the Southern District of New York. The agency had plausibly alleged that Gemini Trust Company and Genesis Global Capital were engaged in offering unregistered...
Thai Rule Change Allows Asset Management Funds to Invest in Bitcoin ETFs
14.3.2024
Thailand-based asset management funds can now launch private funds for investing in U.S. spot bitcoin exchange-traded funds (ETFs), according to the country’s securities regulator. The approval of bitcoin ETFs by U.S. regulators has opened opportunities for Thai asset management firms to gain...
Koinly and NEAR join forces to take the pain out of crypto tax
14.3.2024
Koinly recently announced a partnership with NEAR Protocol. The announcement was made on the official X account of Koinly. The recent partnership is aimed at simplifying the tax process for global crypto use. The tweet by Koinly sheds some light on how it will be done: Seamless Integration: Users...
US Department of Justice Takes Action Against $2.3 Million ‘Pig Butchering’ Scam
14.3.2024
The U.S. Department of Justice files a civil forfeiture action to recover $2.3 million in cryptocurrency linked to a widespread romance “pig butchering” scam operation.
The post US Department of Justice Takes Action Against $2.3 Million ‘Pig Butchering’ Scam appeared first on Cryptonews
Crypto.com extends support for Stratis (STRAX) token swap
14.3.2024
Crypto.com announced that it will support the token swap for Stratis – STRAX. Therefore, deposits and withdrawals of the token will be disabled effective March 20, 2024. It will happen on the Crypto.com app and exchange platform at different times. Functionalities will be disabled on the...
Riot Platforms & Reformed Energy seek to redefine Bitcoin mining energy
14.3.2024
Riot Platforms has partnered with Reformed Energy in an innovative effort to establish a new standard for sustainable energy solutions utilized in the Bitcoin mining industry. The eventual goal of this strategic alliance is to capitalize on Reformed Energy’s unique plasma gasification...
Is your data safe when making payments using cryptocurrency?
14.3.2024
Is your data safe when making payments using cryptocurrency?Crypto payments provide decentralized and worldwide platforms. Hence, anybody with an internet connection may engage in cross-border transactions. This accessibility is especially helpful for those economically isolated or living in areas...
Cardano smart contracts: What makes them different?
14.3.2024
Smart contracts are self-executing contracts with the terms of the agreement directly written into code. They automatically execute and enforce agreements when predetermined conditions are met without intermediaries. Smart contracts are deployed on blockchain networks, which run on decentralized...
Peter Schiff Downplays Importance of Bitcoin Halving — Discusses ‘What Matters Most’ for BTC Price
14.3.2024
Economist and gold advocate Peter Schiff has downplayed the significance of the upcoming bitcoin halving, emphasizing a different factor that will drive the price of the cryptocurrency. He believes what matters the most is “how much of the current supply holders want to sell, not what miners...
Binance Execs Detained as Nigeria Blames Crypto for Its Currency Crisis: Report
14.3.2024
Two Binance employees remain under custody in Nigeria over a spat between the government and the cryptocurrency exchange. The employees will remain under detention until March 20 following a court decision, according to a WSJ report.
The post Binance Execs Detained as Nigeria Blames Crypto for...
South Africa’s Regulator Approves 59 Crypto Licences: Report
14.3.2024
South Africa's regulator Financial Sector Conduct Authority (FSCA) has approved 59 operating licenses for cryptocurrency exchanges, according to a Reuters report citing an official from the regulatory body.
The post South Africa’s Regulator Approves 59 Crypto Licences: Report appeared first...
New York Judge Determines SEC’s Case Against Gemini and Genesis Is Plausible for Alleged Securities Law Violations
14.3.2024
A New York federal judge has ruled that the Securities and Exchange Commission (SEC) has “plausibly alleged” that Gemini and Genesis violated securities laws through the Gemini Earn program. Judge Edgardo Ramos Highlights Hurdles in Dismissing Injunction Claims Early; Cites Howey...
Israeli Crypto Firm Launches Pilot for First Shekel-Backed Stablecoin
14.3.2024
Israel has taken a significant step in the cryptocurrency domain by green-lighting a pilot for BILS, the first stablecoin pegged to the New Israeli Shekel. Bits of Gold and Israeli Authority Launch BILS Stablecoin in Regulatory Sandbox The initiative, spearheaded by the crypto broker Bits of Gold...
Nigeria’s Binance Impasse: Senior Executives Detained at Government ‘Guesthouse’ for 14 Days
14.3.2024
Tigran Gambaryan, a former U.S. federal agent, is one of two Binance executives being held without charge by Nigerian authorities. A local court approved the executives’ 14-day detention. Recent media reports suggest that Nigerian officials have requested Binance to disclose the identities...
Cleartoken Secures $10M in Funding to Pioneer UK’s First Digital Asset Clearing House
13.3.2024
On Monday, the crypto clearing house startup Cleartoken revealed that it raised $10 million from strategic investors including Nomura’s Laser Digital, Flow Traders, and LMAX Digital. Cleartoken Nets $10M to Launch U.K. Digital Asset Clearing Services The horizontal clearing house for the digital...
Ethereum’s Dencun Upgrade Goes Live, Promises Lower Fees and Enhanced Scalability
13.3.2024
The Dencun upgrade was seamlessly integrated into the Ethereum mainnet at 9:55 Eastern Time (ET) on March 13, 2024. The upgrade officially went live at Beacon slot 8626176. Ethereum’s Leap Forward with Dencun Upgrade Expected to drastically lower the transaction costs for layer two (L2)...
Bonk (BONK) investors explore next 100x cryptocurrency
13.3.2024
In the ever-turbulent seas of the cryptocurrency market, where each wave brings new tokens and potential treasures, Bonk (BONK) investors find themselves at the helm, scanning the horizon for the next big catch. Amidst this quest, whispers and murmurs have begun coalescing around a new potential...
Token.com Introduces New Online Tools To Interact With Cryptocurrencies
13.3.2024
Token.com is a crypto investment platform that recently became the first social investment app and website to introduce new online crypto tools, allowing users to interact with various token projects on the platform. Token projects are cryptocurrencies on Token.com, introduced via token cards that...