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Dutch Blockchain Days 2024: The leading Dutch conference for Blockchain, crypto, and Web3 in Amsterdam is back at the June 19
2.5.2024
The BCNL Foundation is proud to announce the return of the Dutch Blockchain Days, the leading Dutch event dedicated to everything Blockchain, cryptocurrency, and Web3. The Dutch Blockchain Days Conference 2024 is a 3-day event highlighting the latest in Blockchain, DeFi, NFTs, digital assets...
UK Lawmaker Pushes for Rethink on Retail Crypto ETP Ban
2.5.2024
Alun Cairns, a Conservative UK MP, called on the Financial Conduct Authority to reconsider its ban on crypto exchange-traded products for retail investors.
The post UK Lawmaker Pushes for Rethink on Retail Crypto ETP Ban appeared first on Cryptonews
Backlash over EigenLayer airdrop shakes the crypto community!
2.5.2024
The EigenLayer airdrop’s recent disclosure has caused a variety of reactions from both cryptocurrency users and volunteers. Some have seen that it was done right, which is good, and others have analyzed it deeply. EigenLayer aims to donate 62% of its 8 million tokens to the community,...
Indian enforcement agency collaborates with Binance to bust scam app
2.5.2024
The law enforcement agency managed to track the funds linked to the E-Nugget scam app to different crypto exchanges and, with their help, seized over $10.5 million in crypto assets
TOKEN2049 Day 2 Recap: Branching Crypto Cap, Uniting L2s, Tokenizing Staking and More
2.5.2024
Industry insiders discuss decentralized AI, DePIN, RWAs, incoming regulations, the crypto market branching off into two streams, tokenizing trade, uniting Layer 2s, resolving network congestion, and much more.
The post TOKEN2049 Day 2 Recap: Branching Crypto Cap, Uniting L2s, Tokenizing Staking...
Bitcoin halving sees Bitfarms’ BTC mining earnings plummet
2.5.2024
Bitfarms is actively working to triple its current hash rate capacity to 21 exahashes per second (EH/s) with a $240 million investment
FBI busts $43M crypto and Las Vegas hospitality Ponzi scheme
2.5.2024
The FBI arrested a New York resident for defrauding investors of at least $43 million in a multi-year Ponzi scheme that included a Las Vegas hospitality business and crypto trading operation
Former FTX Europe Head Pays $1.5M for Gold Watch Recovered From Titanic: WSJ
2.5.2024
Patrick Gruhn, the former head of FTX Europe, has paid nearly $1.5 million for a gold pocket watch recovered from the body of the Titanic’s richest passenger, The Wall Street Journal has reported
Pike Finance clarifies ‘USDC vulnerability’ statement on $1.6M exploit
2.5.2024
Pike highlighted that the exploit occurred due to their team’s inadequate integration of third-party technologies such as the CCTP or Gelato Network’s automation services
Nigeria’s Patricia Exchange CEO debunks closure rumors
2.5.2024
Patricia CEO Fejiro Hanu said they are currently awaiting the prosecution and conviction of the other suspects involved
Arkansas bills reining in crypto miners heads for governor approval
2.5.2024
Arkansas Governor Sarah Huckabee Sanders is expected to sign the bills into law which will regulate miners’ noise, water use and licensing
Aave Labs Unveils Ambitious Plans for Protocol V4: Enhancing GHO Stability and Cross-Chain Liquidity
2.5.2024
Aave Labs proposed a significant upgrade to its protocol, aimed at enhancing features like its stablecoin GHO, introducing a Unified Liquidity Layer for better integration, and improving the protocol’s architecture for cross-chain liquidity across both Ethereum and non-EVM layer-1 platforms....
Rabotnik, Affiliate of Ransomware Group REvil, Sentenced to 13 Years in Jail
2.5.2024
Ukrainian national, Yaroslav Vasinskyi, also known as Rabotnik, has been sentenced 13 years and seven months in prison for his role in conducting over 2,500 ransomware attacks and demanding over $700 million in ransom payments, the Department of Justice announced Wednesday
UK FCA Dedicated 30% of Financial Crime Personnel to Monitor Crypto Companies in 2023
2.5.2024
The UK’s financial watchdog dedicated nearly a third (30%) of its financial crime specialists to overseeing crypto asset businesses, according to a report released on May 1.
The post UK FCA Dedicated 30% of Financial Crime Personnel to Monitor Crypto Companies in 2023 appeared first on Cryptonews
Wyoming Senator Slams DOJ’s Take on Non-Custodial Crypto Software, Vows to Protect User Rights
2.5.2024
Wyoming’s Republican Senator Cynthia Lummis has responded to the Department of Justice’s (DOJ) latest argument regarding non-custodial software. Lummis’s remarks follow the DOJ’s reply brief on the indictment against Tornado Cash developer Roman Storm’s motion to dismiss. Senator Lummis...
Crypto firms among ‘greatest risks’ for money laundering in 2022-2023: UK govt
2.5.2024
Crypto firms, wealth management companies, and retail and wholesale banking remain “particularly vulnerable” to financial crime, according to a U.K. Treasury report
Jack Dorsey’s Block’s Crypto Unit Under Investigation Over Compliance Practices: Report
2.5.2024
The allegations against Block include inadequate customer information collection, processing transactions involving countries under U.S. sanctions, and facilitating cryptocurrency transactions for terrorist groups.
The post Jack Dorsey’s Block’s Crypto Unit Under Investigation Over...
US Lawmakers Introduce New Bill For Clarification on Taxation of Staking Rewards
2.5.2024
The bill aims to clarify the tax treatment of staking rewards, proposing that they should only be taxed at the time of their sale rather than upon acquisition.
The post US Lawmakers Introduce New Bill For Clarification on Taxation of Staking Rewards appeared first on Cryptonews
Crypto Phishing Attacks ‘Rampant’ in South Korea – Report
2.5.2024
Crypto-related phishing attacks have become “rampant” in South Korea, a report has claimed, with a top financial regulator set to act.
The post Crypto Phishing Attacks ‘Rampant’ in South Korea – Report appeared first on Cryptonews
US probes Jack Dorsey’s Block, Inc. over financial transactions: Report
2.5.2024
U.S. prosecutors are reportedly investigating the fintech firm after a whistleblower claimed it processed thousands of transactions for users from sanctioned countries and terrorist groups