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Crypto Mixers Targeted in U.S. House Democrats' Effort to 'Clamp Down' on Money Laundering
7.5.2024
Several Democrats on the House Financial Services Committee have a bill coming this week to target money laundering through cryptocurrency mixing services, said Rep. Sean Casten (D-Ill.), one of its backers
Crypto must adapt to laws, not the other way around — John Reed Stark
7.5.2024
Former SEC official John Reed Stark has criticized the misuse of “regulation by enforcement” claims in a hearing before U.S. Congress
Robert F. Kennedy Jr., a Pro-Crypto Presidential Candidiate, to Appear at Consensus 2024
7.5.2024
"As an environmental lawyer, scion of a Democratic political dynasty, and now maverick presidential candidate, Kennedy will explain his support for cryptocurrency and self-custody," according to a statement
Crypto is ‘top of mind for voters’ in US swing states — Harris Poll
7.5.2024
A majority of respondents with crypto-positive views said they intended to vote in 2024, where tight elections in certain states could swing to either political party
EU crypto regulations undermined by lack of enforcement, say observers
7.5.2024
The European Union’s Markets in Crypto-Assets Regulation is being phased in, but regulators have reportedly been inconsistent in enforcing existing laws
Worldcoin Price Rises on May 9 New ChatGPT Rumors and Traders Focus on AI Meme Coin for Gains
7.5.2024
Worldcoin ($WLD), the biometric crypto project helmed by OpenAI CEO Sam Altman, has shot up a blistering 37% in the last seven to trade at $6.17 as of this writing. A rumor that ChatGPT, OpenAI’s main offering, is launching a search engine next week spurred much of Worldcoin’s rally...
Positive Market Turn: US Bitcoin ETFs See Substantial Inflows After Last Week’s Outflows
7.5.2024
According to statistics, U.S. spot bitcoin exchange-traded funds (ETFs) saw their second consecutive day of positive inflows after recording approximately $378.3 million on Friday. During Monday’s trading sessions, the U.S.-based bitcoin ETFs accumulated $217 million in positive inflows...
Buy altcoins now, but sell before ‘mid-2025’: Charles Edwards, X Hall of Flame
7.5.2024
Crypto analyst Charles Edwards believes we’ve entered “the 12-month window” to make altcoin profits: X Hall of Flame
Binance CEO Claims Nigeria Demanded Secret Settlement From Now Detained Binance Executive In January
7.5.2024
Now detained Binance executive Tigran Gambaryan and fellow representatives of the crypto exchange were allegedly pressured by an unnamed government official to accept a secret settlement, Binance CEO Richard Teng revealed in a blog post on the company’s website Tuesday. News of the alleged bribe...
Polymarket Bets Reflect Low Confidence in Ethereum ETF Approval by SEC
7.5.2024
According to a wager on the decentralized betting platform Polymarket, the likelihood of a spot ethereum exchange-traded fund (ETF) gaining approval from the U.S. Securities and Exchange Commission currently stands at just 7%. This forecast commenced in January with a 76% probability of approval...
Dogecoin Price Prediction as Large Holders Transfer DOGE to Robinhood Exchange Amid Wells Notice – Are They About to Sell?
7.5.2024
The Dogecoin price has dipped by 2.5% in the past 24 hours, falling to $0.158 as the crypto market as a whole loses 2% today.
The post Dogecoin Price Prediction as Large Holders Transfer DOGE to Robinhood Exchange Amid Wells Notice – Are They About to Sell? appeared first on Cryptonews
Crypto options desk QCP Capital wins Abu Dhabi license: Report
7.5.2024
The in-principle approval enables QCP Capital to offer regulated digital asset activities in the region
Kronos Research Hacker Launders $4M Through Tornado Cash
7.5.2024
The Hacker who exploited Kronos Research for $25 million in November 2023 has moved $4 Million of Ethereum through Tornado Cash, attempting to launder the funds.
The post Kronos Research Hacker Launders $4M Through Tornado Cash appeared first on Cryptonews
Nigeria to Delist Naira From Crypto P2P Space to Curb Manipulation
7.5.2024
Nigeria Would roll out delisting naira from P2P platforms in "coming days," which will cover crypto exchanges and custodians.
The post Nigeria to Delist Naira From Crypto P2P Space to Curb Manipulation appeared first on Cryptonews
Poll: Most People Cringe About Crypto, But Enough Care to Warrant Politicians' Attention
7.5.2024
As U.S. politicians continue to wrestle with how to approach crypto issues, about 21% of voters in vital swing states consider cryptocurrency policies as a topic important enough to sway their support, according to a Harris Poll survey commissioned by the industry, though it leaves some uncertainty...
Leading Colombian bank launches crypto exchange and peso stablecoin
7.5.2024
The Colombian bank behind the crypto exchange claimed the platform was created after nearly a decade of study and research
Galaxis Raises $10M, Doubling Down on Belief That NFTs Will Provide Real Value Everywhere
7.5.2024
As it gears up for its token launch, Galaxis, a Singapore-based Web3 platform, has raised $10 million with participation from Chainlink, Ethereum Name Services (ENS), Rarestone Capital, Taisu Ventures and ENS co-founder Nick Johnson, it announced Tuesday
Chainalysis Named Council Member of MENA Banking Group’s Digital Asset Lab
7.5.2024
Chainalysis, a blockchain analysis firm, has been appointed as a council member of Digital Asset Lab. The firm will use its expertise to assist Emirates NBD’s lab in understanding market trends and client needs. The Digital Asset Lab’s objective is to comprehend how Emirates NBD’s customers...
Ethereum developers launch ‘EIP-3074’ to improve Crypto Wallet UX
7.5.2024
In a bid to streamline and enhance the user experience of cryptocurrency wallets on the Ethereum network, developers have proposed Ethereum Improvement Proposal 3074 (EIP-3074). This latest initiative aims to address common pain points faced by users when interacting with Ethereum wallets, offering...
Australian Tax Office seeks data from 1.2 million crypto exchange users: Report
7.5.2024
The personal and crypto-transaction related details could help identify users who failed to report their tax obligations, according to the Australian Tax Office