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Smaller BTC Miners Might Close Shop Post-Halving: Bitfinex Warns
18.3.2024
Hong Kong-based crypto platform Bitfinex has warned BTC miners of a potential centralization of power amid post-halving. On March 15, Bitfinex published a comprehensive blog report forecasting financial pressure on small miners. The fourth Bitcoin halving is a widely anticipated event in the crypto...
Hong Kong Securities Regulator Issues Warning Against ‘Unlicensed’ Crypto Platform Bybit
16.3.2024
The Hong Kong securities regulator has labelled the crypto platform Bybit an unlicensed virtual asset trading platform (VATP). The regulator has also added Bybit’s products to its alert list of suspicious investment products. The Hong Kong regulator also advised the public to stop patronizing...
Deutsche Börse Launches Spot Crypto Platform for Institutional Clients
5.3.2024
Deutsche Börse, one of Europe’s biggest exchange operators, has officially launched a new regulated spot platform for crypto assets targeting institutional clients.
The post Deutsche Börse Launches Spot Crypto Platform for Institutional Clients appeared first on Cryptonews
Nigeria Detains Two Binance Executives, Crypto Platform Accused of Exchange Rate Manipulation
28.2.2024
Nigerian authorities have reportedly detained two senior executives from Binance who had recently arrived in the country. The Central Bank of Nigeria’s governor stated that in 2023 alone, $26 billion flowed through the cryptocurrency exchange from sources and users that the bank could...
WeMade Crypto Blow as South Korean Regulators Probe Game Maker’s ‘Unregistered Sales’
9.2.2024
The South Korean game maker WeMade crypto project suffered a blow on February 8 as regulators launched a probe into suspected “unregistered” sales on WEMIX platforms. Maeil Kyungjae reported that the Financial Intelligence Unit (FIU), which reports to the Financial Services Commission,...
Crypto Platform Haru Invest’s Top Executives Arrested for Allegedly Embezzling $826 Million
8.2.2024
The leadership of Haru Invest finds itself behind bars, facing allegations of defrauding 16,000 customers by embezzling hundreds of millions of dollars under the guise of offering safe, high-yield crypto investments. Haru Invest Executives Arrested for $826 Million Embezzlement South Korean...
Prometheum, the Only U.S.-Registered Crypto Platform, Picks Ether as Its First Product
7.2.2024
Prometheum Inc. – still standing alone as the only U.S.-registered crypto securities platform – has disclosed that the first digital asset it'll handle for clients will be ether {{ETH}}
British Billionaire Alan Howard’s Crypto Firm Scores UK Watchdog Approval
24.1.2024
Goldman Sachs-backed crypto platform Elwood Technologies announced Wednesday that the firm secured regulatory approval as a service provider. The Financial Conduct Authority’s approval covers Elwood’s execution system for security tokens and derivatives. Elwood, founded by British...
Matrixport Report Says SEC Unlikely to Approve Spot Bitcoin ETFs in January, Price to Drop Below $40,000
3.1.2024
The crypto financial services platform Matrixport has said it does not see the U.S. Securities and Exchange Commission approving any spot bitcoin exchange-traded fund in January. In its latest report, the crypto platform said it foresees the price of bitcoin dropping “back to...
Crypto Whales are Accumulating This AI Crypto Coin For a 2024 Rally – What Do They Know?
2.1.2024
AI crypto platform yPredict is nearing the end of presale for its $YPRED token. Image by Kerem Goktug Kaya, DALL-E 3. The crypto market has seen incredible technological advancements in recent years, with projects utilizing artificial intelligence (AI) at the forefront of this progress. AI-focused...
Coinbase ‘Extensively Prepared’ for Spot Bitcoin ETF Approval
1.1.2024
Crypto exchange Coinbase says that it has “extensively prepared” for spot bitcoin exchange-traded fund (ETF) approvals by the U.S. Securities and Exchange Commission (SEC). Most spot bitcoin ETF applicants have named the Nasdaq-listed crypto platform as the custodian for their...
Coinbase Expands European Footprint With Approval to Operate in France
23.12.2023
Crypto exchange Coinbase has received approval as a registered virtual asset service provider in France. “This registration allows Coinbase to operate in France, continuing our plans to grow across Europe,” the crypto platform detailed. “France is an important market for Coinbase … We...
Okx Dex Falls Victim to $2.7M Cyber Heist, Arkham Confirms
13.12.2023
Numerous reports reveal that a security breach at Okx’s decentralized exchange (dex) platform resulted in financial damages estimated at $2.7 million, as confirmed by the onchain intelligence firm Arkham. Crypto Platform Okx Dex Hit by $2.7 Million Hack, Bounty Offered for Hacker’s...
As LINDA Token Grows 8,000% Overnight, This Unknown Crypto Platform Surges Past $3.4 Million Milestone
11.12.2023
Source: Dall•E 3 The LINDA Token price has rocketed by as much as 8,000% overnight, with the new meme coin rising to a high of $0.00008577 after listing on Uniswap three days ago. Reportedly taking its name from ConsenSys founder Joe Lubin’s pet dog, LINDA has already fallen substantially...
Nigerian Crypto Firm Bitmama to Pay $1 Million for Startup That Raised $3 Million in February
8.12.2023
The Nigerian crypto platform Bitmama is reportedly set to acquire the African remittances startup Payday for $1 million. Reports of Payday’s acquisition come almost a year after the startup raised $3 million in a funding round. Bitmama’s Pivot From Crypto The Nigerian crypto platform...
Singapore-Based Crypto Investment Firm Cake Group Files for Liquidation
7.12.2023
Source: Pixabay Singapore-based Cake Group, the parent company of crypto platform Bake, is winding up its company and has filed for liquidation. According to a Tech in Asia report, the founder of the crypto investment platform U-Zyn Chua has applied to wind up the Cake Group at a Singapore High...
Blockchain Analysts are Accumulating This AI Crypto Before 2024 – Here’s Why
5.12.2023
AI crypto platform yPredict provides predictive analytics to crypto investors. Image by Bunpoht, Adobe Stock. In recent years, cryptocurrencies have captivated investors with their volatility and potential for significant returns. Trading in an unpredictable crypto market can prove challenging even...
Binance’s Thai Expansion With Gulf Energy Under Scrutiny Post $4.3 Billion US Penalties
29.11.2023
Source: Pixabay Binance is reportedly facing challenges in Thailand ahead of its plans to launch a new crypto platform with billionaire Sarath Ratanavadi’s Gulf Energy. The beleaguered exchange, which is currently facing criminal charges and civil lawsuits in the US, is under scrutiny in Thailand....
Crypto Exchange OKX Officially Debuts in Brazil, Offers Trading With Advanced Features
28.11.2023
Source: Pixabay Crypto platform OKX announced its official launch in Brazil, offering users with advanced crypto features including trading and staking rewards. The roll-out would feature a Web3 wallet in Brazil, providing a secured and trusted gateway to DeFi and crypto trading. The company said...
Uncovering the Next Big Thing: Here’s Why Crypto Whales Are Quietly Betting on This AI Crypto Token
21.11.2023
LPX token offers automated trading and fractionalized alternative assets via Launchpad XYZ’s upcoming AI crypto platform. Image by Launchpad XYZ, X. A new class of cryptocurrencies is emerging that integrates artificial intelligence into underlying blockchain architecture. Dubbed “AI...