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OKX Withdraws VASP License Application in Hong Kong


OKX announced on Friday that it has withdrawn its Virtual Asset Service Provider (VASP) license application in Hong Kong and will cease to provide trading services to residents. The post OKX Withdraws VASP License Application in Hong Kong appeared first on Cryptonews

UAE Agriculture Authority Bans Cryptocurrency Mining on Farms


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

Northern Data’s Peak Mining Acquires Second 300-Megawatt Site in Texas


According to Peak Mining, a subsidiary of the German bitcoin mining and infrastructure firm Northern Data, the company has announced the purchase of a 300-megawatt ERCOT-approved site in Corpus Christi, Texas. The site is adjacent to another location acquired by the firm in December 2023. Peak...

Investing in the Metaverse: Is It Worth It?


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

Coinbase Re-Introduces XRP Trading for New York Customers


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


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

Blockchain Technology Helps Enable Reusable KYC Solutions


Reusable KYC solutions are gaining traction and blockchain technology can ensure that users own their data and private information. The post Blockchain Technology Helps Enable Reusable KYC Solutions appeared first on Cryptonews

Casper Labs and IBM Reveal Prove AI Blockchain Solution for AI Governance


Casper Labs introduces Prove AI to enhances transparency and auditability for AI training data using blockchain technology, integrating with IBM’s watsonx.governance platform to ensure secure management. The post Casper Labs and IBM Reveal Prove AI Blockchain Solution for AI Governance appeared...

Nigerian Court Adjourns Binance Tax Evasion Trial to June 14


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


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 Regulator: Worldcoin Activities Violated Privacy Ordinance


The Hong Kong data regulator recently concluded that Worldcoin’s data collection methods and activities violated the region’s “privacy ordinance.” Privacy Commissioner Chung Liling has issued an enforcement notice requesting Worldcoin to cease data collection from Hong Kong...

Hong Kong Police Arrest 100 Fraud Suspects and Recovers Over HK$180 Million


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

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