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Former Mt Gox CEO Mark Karpeles to Launch New Crypto Exchange With a Focus on Transparency
5.9.2024
Mark Karpeles, the former CEO of the infamous Mt. Gox exchange, is set to launch a new cryptocurrency exchange named Ellipx later this month. Based in Poland, Ellipx aims to prioritize transparency and compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulation. The platform...
Getting paid in crypto: Dubai court ruling shows increasing acceptance
5.9.2024
Crypto salaries are becoming more common, especially in countries with prevalent economic incentives like inflation.
Hedera, IOHK join DeRec Alliance as final founding members
5.9.2024
Cardano and Hedera join the Decentralized Recovery Alliance alongside Ripple and Algorand to shape the future of crypto security standards
Mastercard Unveils Crypto-Euro Debit Card with Mercuryo!
5.9.2024
Mastercard and Mercuryo, two well-established payment networking companies, have come together to work in unison and have announced…
Robinhood Fined $3.9 Million Over Crypto Withdrawal Restrictions in California
5.9.2024
California Attorney General Rob Bonta has announced a $3.9 million settlement with Robinhood Crypto for restricting cryptocurrency withdrawals and not fully disclosing trading practices. The settlement marks the first public action by California’s Department of Justice against...
Crypto-native travel platform Travala integrates with Skyscanner for 2.2M hotels
5.9.2024
Travala is the first crypto-native travel platform to receive a Skyscanner integration, which allows it to access the platform’s 110 million monthly users
Over 600 Bitcoin ATMs went offline globally in 2 months
5.9.2024
Law enforcement authorities are proactively seeking out and closing Bitcoin ATMs that are frequently involved in extortion and scams.
US Court Imposes $209 Million Penalty in Crypto Ponzi Scheme
5.9.2024
The U.S. District Court for the Northern District of Illinois has ordered an Oregon resident and his entities to pay over $209 million in penalties for running Ponzi schemes disguised as crypto and carbon investment programs. This includes restitution, disgorgement of illegal profits, and a civil...
Stop giving your DNA data away for free to 23andMe, says Genomes.io CEO
5.9.2024
Genomes.io CEO Aldo de Pape tells The Agenda podcast that customers should be wary about giving away their DNA data for free, as its true value is astronomical
Central Bank of Brazil Hints at a Future Integration of AI Into Its CBDC
5.9.2024
The Central Bank of Brazil has hinted at implementing artificial intelligence (AI) and data monetization processes into Drex, its central bank digital currency (CBDC). In a recent presentation, Roberto Campos Neto, the Central Bank of Brazil’s president, stressed that the bank’s...
Mastercard enables non-custodial crypto spending in new partnership
5.9.2024
Mastercard partners with Mercuryo to launch a euro-denominated crypto debit card, enabling users to spend crypto from self-custodial wallets at over 100 million merchants
WazirX hacker launders $2 million more through Tornado Cash
5.9.2024
It has been over a month since WazirX suffered a $234 million hack and shut down operations for…
Ether CME Futures Volume Shrinks as ETH ETFs Disappoint, Crypto Market Ducks Risk
5.9.2024
The decline in trading volumes for ETH instruments suggests lower-than-expected institutional interest in the asset, particularly following the launch of spot ETH ETFs, according to CCData
Daily Crypto Update: Top Assets Gain Back Value After Massive Losses
5.9.2024
The crypto market’s mid-week performance follows the pattern from August. On Wednesday, the market witnessed most of the…
Swiss Bank ZKB Partners With Crypto Finance to Launch Crypto Asset Brokerage
5.9.2024
Zürcher Kantonalbank (ZKB), Switzerland’s largest cantonal bank, has partnered with Crypto Finance AG to offer crypto asset brokerage services. By partnering with Crypto Finance AG, ZKB gains access to an experienced and regulated partner with deep industry expertise in the crypto...
Sberbank to Join Russia’s Crypto Settlement Pilot This Fall, Executive Reveals
5.9.2024
Sberbank, Russia’s largest financial institution, plans to join a cryptocurrency settlement pilot program this fall. The bank also aims to serve clients using digital rubles by 2025. Deputy Chairman Anatoly Popov supports regulatory efforts to legitimize cryptocurrencies for international...
WIF open interest jumps 16% as trader claims 'nobody is ready' for reversal
5.9.2024
Dogwifhat open interest has spiked as its price has been trading below $1.90 since Aug. 25, while a trader points out a potential reversal pattern forming
US Banking Regulator Calls for Stronger Oversight of Crypto Risks
5.9.2024
Acting Comptroller Michael Hsu has emphasized the importance of proactive oversight in managing crypto risks. He cited the 2022 crypto market collapse, with a $2 trillion loss, where effective supervision kept banks stable. Hsu emphasized the need for vigilant supervision as digital assets...
Amid Criticism, Central Bank of Argentina Confirms Moving Gold Abroad
5.9.2024
In a recent press release, the Central Bank of Argentina acknowledged sending part of its gold holdings abroad, stating that it had “recalibrated” the nation’s gold between its accounts. The institution faced criticism from some lawmakers who are concerned that this gold located...
Fed hits Texas bank with cease and desist over servicing crypto firms
5.9.2024
The US Federal Reserve said it identified “significant deficiencies” in the bank’s dealings with crypto clients and its risk management procedures.