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Ledger Live Enhances User Experience With Crypto.com Pay On-Ramp Integration
5.6.2024
Ledger Live has announced a strategic partnership with Crypto.com Pay to integrate its on-ramp digital payments technology into Ledger’s software. This integration will enable Ledger Live app users to conveniently purchase over 300 cryptocurrencies using the Crypto.com Pay On-ramp payment...
Bitget boosts security with Sumsub’s deepfake AI detection
5.6.2024
Sumsub’s AI-powered deepfake detection and fraud prevention will go a long way toward ensuring both companies meet high security standards
Japanese crypto exchange raises $320M to recover funds after major hack
5.6.2024
DMM Bitcoin aims to compensate users for a $320 million loss following a major hack by raising equivalent funds
BlackRock and Citadel back new Texas national stock exchange
5.6.2024
The Texas Stock Exchange (TXSE) reportedly secured around $120 million in funding and is prioritizing ETF listings, as well as aiming to offer a more competitive alternative to the two major US stock exchanges
Argentina Officially Launches Virtual Assets Service Providers Registry
5.6.2024
The Argentine securities watchdog (CNV) announced the official launch of Argentina’s Virtual Assets Service Provider (VASP) Registry, allowing almost 100 companies and individuals to apply to be authorized to offer digital assets linked services in the country. The registry will remain open...
US political change could expose crypto to $20T industry: Bitwise
5.6.2024
Regulatory uncertainty is holding back the $20 trillion dollar financial advisory industry from investing more in crypto, claims Bitwise investment head Matt Hougan
FLOKI Token Reaches 417,400 Holders, Leading Memecoin on BNB Chain
5.6.2024
The memecoin FLOKI recently crossed 417,400 holders on the BNB Chain, making it the biggest memecoin on that blockchain by market capitalization and number of holders. Recently, the Floki developers launched a new Telegram-based trading bot that allows holders to trade any token on the BNB Chain...
First Civil Lawsuit Filed Against Crypto Platform JPEX for Alleged Fraud
5.6.2024
Two citizens, Chan Wing-yan and Herbert Lee Sun-him, have filed the first civil lawsuit against the cryptocurrency platform JPEX, seeking to recover approximately 240,000 units of tether, worth about HK$1.85 million. This marks the first civil lawsuit since the alleged fraud was uncovered nine...
Microsoft India X Account Hijacked by Crypto Scammers
5.6.2024
Cryptocurrency scammers recently hijacked the official Microsoft India X account, which boasts over 211,000 followers, to impersonate Roaring Kitty, the pseudonym of well-known meme stock trader Keith Gill. Microsoft India’s X account, marked with a gold check indicating official...
What's Next for FIT21? (A Consensus 2024 Recap)
5.6.2024
CoinDesk held its annual Consensus conference in Austin, Texas last week, where we heard from lawmakers and regulators, developers, company execs and all sorts of other people in and around this sector. One topic of discussion: the Financial Innovation and Technology for the 21st Century Act....
Central Bank of Qatar Announces CBDC Project
5.6.2024
The Central Bank of Qatar recently announced the completion of the infrastructure development supporting an in-house-built CBDC. The bank estimates that the project will enter its experimental stages this year in October, allowing several national and international banks to test the functionality...
Bitcoin ‘coiling’ up for a huge move as it hovers around $71K
5.6.2024
Bitcoin’s average price across 5-day, 30-day, and 50-day periods are almost the same, indicating low volatility and raising the chances of a price breakout in either direction
Ukrainian Police Bust International Crypto Fraud Ring, 14 Arrested
5.6.2024
Ukrainian authorities have dismantled a criminal ring defrauding citizens across Ukraine, Moldova, Kazakhstan, and the European Union through deceptive call centers promising lucrative cryptocurrency investments. The National Police of Ukraine detained 14 suspects, including the alleged organizers...
Thailand’s SEC Approves Bitcoin ETF Fund for Wealthy Investors
5.6.2024
The Securities and Exchange Commission (SEC) of Thailand has granted approval to One Asset Management (ONEAM) to launch a fund that invests in spot bitcoin exchange-traded funds (ETFs). The fund, named “One Bitcoin ETF Fund of Funds Unhedged Fund Not For Retail Investors...
Bybit Report Shows Growing Popularity of Meme Coins Among Institutional and Retail Investors
5.6.2024
A new report by crypto exchange Bybit shows that meme coins are becoming significant components of crypto portfolios. Institutional meme coin holdings surged 226% from February to March while retail meme coin holdings spiked 478% from February to April. However, they “aggressively sold...
Peter Brandt Predicts Bitcoin Bull Market With BTC Potentially Reaching $150,000
5.6.2024
Veteran trader Peter Brandt has emphasized the symmetry in bitcoin bull market cycles, suggesting the next peak may occur in late August or early September 2025, with the price of bitcoin potentially reaching $150,000. However, Brandt remains cautious, assigning a 25% probability that...
Bain Capital Crypto Raising Second Fund: Filing
5.6.2024
Bain Capital has been an active investor in crypto since its initial fund launch, participating in a $115 million round for Sam Altman's Worldcoin
Australian Court Exempts Block Earner from Paying Penalty; Criticizes Regulator’s Misleading Press Release
5.6.2024
A Federal court in Australia has relieved the crypto firm Block Earner from paying a penalty for breaching the financial services law when it offered the Earner product. According to the ruling, Block Earner “acted honestly and not carelessly,” hence it should not be made to pay...
Digital Yuan App Drops ‘Pilot’ Description, Hints at Change to Production Ready Status
4.6.2024
The digital yuan app, which services users of the Chinese CBDC, has dropped the ‘pilot’ label from its name without any announcement, prompting speculation about an upcoming move to production stages. While local Chinese news outlets explained that this change had to do with app requirements, some...
FTX Reaches Settlement With IRS on $24 Billion Tax Claim
4.6.2024
Crypto exchange FTX has reached a settlement with the Internal Revenue Service (IRS), reducing its $24 billion claim to $200 million to be paid within 60 days after the company’s restructuring plan is approved. Additionally, the U.S. tax authority will receive a $685 million lower priority...