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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
Exodus Approved for NYSE Listing, Trading Begins on May 9
7.5.2024
Crypto wallet developer Exodus Movement has received approval to list its common stock on the NYSE American.
The post Exodus Approved for NYSE Listing, Trading Begins on May 9 appeared first on Cryptonews
Shiba Inu Price Prediction as Whale Moves 800 Billion SHIB Within 1 Minute – Big News Coming?
7.5.2024
SHIB has dropped by 6% in the past 24 hours, with the Shiba Inu price moving to $0.00002401 on day when the crypto market has fallen by 1.5%.
The post Shiba Inu Price Prediction as Whale Moves 800 Billion SHIB Within 1 Minute – Big News Coming? appeared first on Cryptonews
Austrian Firm Bitpanda Expands to UAE Hiring Former 1inch Exec to Lead Ops
7.5.2024
Austrian crypto exchange Bitpanda is expanding its operations to the Middle East and opening a regional office in the United Arab Emirates (UAE).
The post Austrian Firm Bitpanda Expands to UAE Hiring Former 1inch Exec to Lead Ops appeared first on Cryptonews
AI Tokens Lead Crypto-Market Recovery as Nvidia Hits One-Month High
7.5.2024
"We are in an AI super cycle right now," one market observer said
Indonesian Authorities Bust Synthetic Marijuana Lab Supported by Crypto
7.5.2024
The syndicate had been operating for six months before being apprehended last week
Crypto Exchange Listing and Delisting Announcements: May 6, 2024
7.5.2024
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
The post Crypto Exchange Listing and Delisting Announcements: May 6, 2024 appeared first on Cryptonews
Revolut Launches Crypto Trading Platform ‘Revolut X’ for UK Retail Customers
7.5.2024
Global fintech firm Revolut has introduced its standalone crypto trading platform called Revolut X, catering to UK retail customers.
The post Revolut Launches Crypto Trading Platform ‘Revolut X’ for UK Retail Customers appeared first on Cryptonews
Hong Kong will possibly become the hub of global crypto firms
7.5.2024
As crypto regulators in the US step up their scrutiny of the industry, crypto companies and founders are seeking for more welcoming environments abroad to fuel their expansion. Notably, global crypto firms and entrepreneurs are relocating to Hong Kong for opportunity and refuge. The crypto industry...
Robinhood Would Likely Win Crypto Court Case With the SEC: KBW
7.5.2024
The platform being issued a Wells Notice by the SEC is surprising given the company’s conservative approach to digital assets listings, the report said
Australia cracks down on taxes, requests crypto exchange client data
7.5.2024
Australia has escalated its efforts to bolster tax compliance and combat potential tax evasion within the burgeoning cryptocurrency sector by seeking client data from cryptocurrency exchanges operating within its jurisdiction. This latest development underscores the Australian government’s...
Nigerian officials proposed secret crypto settlement, claims Binance CEO
7.5.2024
Binance CEO Richard Teng says the Nigerian government has set a dangerous precedent after inviting company executives to meetings before detaining them
Canada’s Tax Authority Targets Crypto Tax Dodgers, Investigating Multimillion-Dollar Cases
7.5.2024
The Canada Revenue Agency is cracking down on crypto, going after C$54m ($39.5m) in suspected unpaid taxes. It is also launching investigations into hundreds of crypto investors.
The post Canada’s Tax Authority Targets Crypto Tax Dodgers, Investigating Multimillion-Dollar Cases appeared first...
Nigeria to ban peer-to-peer crypto trading in naira
7.5.2024
Nigeria’s SEC is set to launch a new regulatory framework for crypto exchanges, custodians firms “in the coming days.”
Revolut debuts dedicated crypto exchange for UK users
7.5.2024
Revolut announced its new Revolut X crypto trading platform for U.K. retail users, which it claims will offer fixed low fees and easy fiat-to-crypto conversion
Leading Colombian Conglomerate Bancolombia Launches Crypto Exchange, Introduces Peso Stablecoin
7.5.2024
Bancolombia Group, one of the leading banks in Latin America and the biggest bank in Colombia, is entering the crypto business with the launch of Wenia, a cryptocurrency exchange. Wenia seeks to disrupt Bitso’s and Binance’s dominance in the cryptocurrency exchange industry in Colombia...
Grayscale Bitcoin ETF takes the slow train to recoup $17.4B outflows
7.5.2024
GBTC recorded inflows for two consecutive days — bringing its total inflows to $66.9 million
Kronos Research hacker shifts funds to Tornado Cash
7.5.2024
Kronos Research was exploited for $25 million in November last year, and one of the six wallets linked to the hacker started moving funds to Tornado Cash on May 7