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Remilia hacker moves $4.3M to Tornado Cash
17.6.2024
Nonfungible tokens and Ether worth millions were stolen on March 16 from the Remilia DAO and transferred to an unknown wallet address
How Web3 is transforming global regulatory frameworks
11.6.2024
At the 2024 Proof of Talk event in Paris, France Jenny Johnson CEO of Franklin Templeton and Mo Shaikh the founder of Aptos explained the protocol economy’s impact on regulators
Genesis Returns $2.2B in Crypto Assets to Lending Program Participants
30.5.2024
Defunct crypto lender Genesis distributed $2.18b worth of crypto to 232,000 users enrolled in Gemini Earn, an interest-accruing lending program. The distribution followed a New York bankruptcy judge approving the Chapter 11 plan last week.
The post Genesis Returns $2.2B in Crypto Assets to Lending...
Ether’s dominance over Bitcoin to endure, predicts crypto asset manager
29.5.2024
A prominent crypto asset manager has predicted that Ether (ETH) will maintain its dominance over Bitcoin (BTC) in the foreseeable future, marking a significant shift in the cryptocurrency landscape. This forecast underscores the evolving dynamics within the digital asset market, where Ether’s...
South Africa’s Regulator Tightens Rules for Crypto Asset Transfers via Latest Directive
28.5.2024
The Financial Intelligence Centre (FIC) has proposed a directive regarding crypto asset transfers. This directive follows the licensing of 75 crypto asset service providers (CASPs) by the Financial Sector Conduct Authority in South Africa. The FIC aims to tighten regulations by requiring CASPs...
Macro Investor Dan Tapiero Predicts ‘Scary Bullish’ BTC Prospects; Foresees Crypto Asset Surpassing $90K
14.5.2024
Macro investor Dan Tapiero has described bitcoin’s prospects as extremely bullish. He predicts that if bitcoin breaks the $65,000 mark, it could likely rise to $90,000 and beyond. Although he acknowledges that the specific catalyst for bitcoin’s imminent breakout is unclear...
Match Systems Announces Recovery of $68 Million in Stolen Cryptex Crypto Assets
12.5.2024
Match Systems, a cybersecurity company specializing in Anti-Money Laundering (AML) services, blockchain forensics, and investigations, recently announced the recovery of $68 million in stolen crypto assets from Cryptex, a cryptocurrency trading platform established in 2016. The specifics of...
Marsh Introduces Insurance Solution for EU Crypto-Asset Service Providers
9.5.2024
Marsh, the insurance broking and risk advisory business of Marsh McLennan, has unveiled an insurance solution designed for crypto-asset service providers operating within the EU.
The post Marsh Introduces Insurance Solution for EU Crypto-Asset Service Providers appeared first on Cryptonews
Investment Firm Franklin Templeton Believes Solana Will Become the Third Largest Crypto Asset
7.5.2024
Franklin Templeton, a leading investment firm with over $1.5 trillion in assets under management (AUM), believes Solana has the potential to become the third-largest cryptocurrency in the market. The firm praised the resilience of the project, its continued airdrops, and the work developers have...
Top AI Crypto Assets Rebound Despite Recent Month-Long Decline
6.5.2024
According to the latest data, the top ten artificial intelligence (AI)-based crypto assets have experienced double-digit declines over the last 30 days. Despite the downward trend, nine out of the top ten saw a recovery this past week, recording gains ranging from 4% to 30% within seven days....
Franklin Templeton calls Solana as a potential ‘Third Major Crypto Asset’
6.5.2024
Franklin Templeton, an asset manager managing a trillion dollars, has made a significant declaration that has caused considerable discussion in the cryptocurrency community: Solana has the potential to become the “third major crypto asset.” This endorsement comes as a significant...
‘Sell in May and Go Away’: The Seasonality of Crypto-asset Returns
1.5.2024
The summer months, between June and September, have historically brought significantly lower investor returns than other months of the year, says André Dragosch, head of research at ETC Group
Study: Half of Canadian Institutional Investors Actively Offered One Crypto Asset Product in 2023
27.4.2024
According to a recent survey, half of Canadian institutional investors and financial services organizations have actively offered at least one type of cryptocurrency asset product or service to clients in the past year. The study revealed that half of the institutional investors surveyed were...
New UK Law Empowering Authorities to Seize and Destroy Crypto Assets Takes Effect Today
27.4.2024
A new law enabling the National Crime Agency and police to seize, freeze, and destroy crypto assets is now in effect in the UK. Under this law, police can seize crypto from suspects without needing to make an arrest first. Additionally, victims have the right to request the release of funds held...
Armenian Officials Trained on Essential Techniques and Tools for Effective Crypto-Crime Investigations
26.4.2024
A group of Armenian officials from various law enforcement agencies have been trained on crypto-asset investigations to combat crypto-related crimes.
The post Armenian Officials Trained on Essential Techniques and Tools for Effective Crypto-Crime Investigations appeared first on Cryptonews
KPMG Survey Finds 75% of Canada’s Institutions Owned Crypto Assets in 2023
24.4.2024
Institutional investors located in Canada significantly increased their holdings of cryptocurrencies in 2023, a survey by KPMG found
South African Regulator Licenses 75 Institutions as Crypto Asset Service Providers
24.4.2024
South Africa’s Financial Sector Conduct Authority said on April 22 that it has approved 75 institutions to be licensed as crypto asset service providers (CASPs). The regulator said the unveiling of licensed CASPs is intended to dispel misconceptions arising from the supposedly misleading...
Crypto Assets Record 7-Day Upticks: NEAR Rises 33%, BONK Up by 32%
22.4.2024
According to the most recent figures, the value of the cryptocurrency market has reached $2.43 trillion after a 2.62% increase in the last 24 hours. Bitcoin and ether have risen by 4% and 3.5%, respectively. NEAR experienced a significant uptick of 33% this past week, while BONK escalated by 32.7%....
Canada To Adopt International Standard For Crypto Tax Reporting – Here’s What That Means
19.4.2024
Canada is set to implement the International Crypto-Asset Reporting Framework (CARF) for crypto tax reporting by 2026, as per the country's 2024 budget. The move will place new obligations on Canada crypto service providers, such as exchanges and ATM operators, to report transactions and customer...
German Federal Bank Landesbank to Offer Crypto Custody Services With Bitpanda
15.4.2024
German federal bank Landesbank Baden-Württemberg has entered a crypto partnership with Bitpanda to offer crypto-asset custody services in the second half of 2024.
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