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Tether freezes $5.2 million in USDT linked to phishing scams
14.5.2024
Since its inception, Tether has frozen over $1 billion worth of assets linked to illicit activities on demand from law enforcement agencies
How DLCs Can Enable Defi Deposits and Fulfill Bitcoin’s Promise
14.5.2024
Bitcoin embodies decentralization, security, and self-sovereignty. But today, financial transactions with Bitcoin require the use of custodians or bridges – a reliance on intermediaries that has led to disastrous losses numbering in the billions of dollars. Discreet Log Contracts (DLCs)...
Stolen Poloniex Ether worth $53M never made it back to the exchange
14.5.2024
The Poloniex hacker moved over 17,800 Ether (ETH) from six different wallets into a single Tornado Cash address
CFTC Urges Caution to Job Seekers Amid Rising Money Mule Scams
14.5.2024
The Commodity Futures Trading Commission is warning against "money mule" scams targeting remote job seekers. The regulator said people seeking work-from-home opportunities should be on the lookout for these deceptive schemes.
The post CFTC Urges Caution to Job Seekers Amid Rising Money Mule Scams...
Industry Stakeholders Believe a UK Election Won't Derail Crypto Plans
14.5.2024
The U.K.'s expected election this year shouldn't affect the country's efforts to regulate cryptocurrency much, industry observers say
Bitpanda streamlines crypto investment with the new Meme Coin Leaders Index
14.5.2024
Bitpanda has effectively streamlined the crypto investment process. The primary objective was to do the same for meme coins, and Bitpanda has done that via the Meme Coin Leaders Index. By evaluating the market capitalization of the six most prominent meme coins, the principal aim is to assist...
Philippines' Central Bank Gives Approval to Coins.ph to Pilot Stablecoin in Key Remittance Market
14.5.2024
Philippines' central bank has given its approval to digital currency exchange Coins.ph to pilot a Philippine Peso backed stablecoin called PHPC, the company said last week
Okx Launches in Australia With Comprehensive Crypto Services
14.5.2024
Global crypto exchange and Web3 technology company, Okx, has officially launched its services in Australia. The platform now offers spot trading for all users and derivatives trading for verified wholesale clients. Users can deposit and withdraw AUD via most Australian banks and have access...
Coinbase Faces Widespread Outage, Leaving Users Unable to Access Crypto Exchange
14.5.2024
Coinbase, one of the leading cryptocurrency exchanges in the United States, is grappling with a "system-wide outage" that has rendered its services inaccessible to users on both desktop and mobile platforms.
The post Coinbase Faces Widespread Outage, Leaving Users Unable to Access Crypto Exchange...
Proactive Detection by Certik Saves Wormhole Bridge From Potential $5 Million Hack
14.5.2024
Certik, a security firm, prevented a potentially disastrous $5 million exploit in the Wormhole cross-chain bridge by identifying a critical bug, showcasing the importance of proactive security practices and the benefits of open-source software in enhancing Web3 security standards. Wormhole,...
Exploring the realm of crypto whales: How do they impact the market?
14.5.2024
The crypto whale is a term used to define the set of people in the cryptocurrency ecosystem who are known to be making large transactions in the industry, affecting each crypto’s market prices. Since their transactions are huge and have a tremendous impact on the market, these people...
Crypto Exchange OKX Officially Debuts in Australia
14.5.2024
With the launch, OKX claims to be the largest global crypto exchange offering direct AUD deposits and withdrawals to Australians.
The post Crypto Exchange OKX Officially Debuts in Australia appeared first on Cryptonews
Canada’s Tax Agency Targets $40M in Uncollected Crypto Taxes as Trudeau Seeks Major Capital Gains Hike
14.5.2024
Based on a report by the National Post, Canada’s Revenue Agency (CRA) is actively searching for uncollected taxes on cryptocurrencies. The agency estimates that there is nearly $40 million in undeclared taxes related to digital currencies. Concurrently, Prime Minister Justin Trudeau...
Biden orders removal of Chinese-owned crypto miner near missile base
14.5.2024
Entities owned by Chinese nationals “might take action that threatens to impair the national security of the United States,” said President Biden
Indian Crypto Exchange CoinDCX’s DeFi Arm Okto to Launch Blockchain and OKTO Token
14.5.2024
Indian crypto exchange CoinDCX has expanded what started as the Okto wallet into an Okto ecosystem, which will include launching a blockchain and a token soon, and a points program starting Tuesday, to give global users a single-click mobile experience while traversing the Web3 space,...
Coinbase Faces System Wide Outage, Affirms Funds Are Safe
14.5.2024
Coinbase, one of the largest U.S.-based cryptocurrency exchanges, reported a system-wide outage in its services, affecting customers’ crypto operations. On its status site, Coinbase stated that it was aware that “some users may experience failures when sending crypto or withdrawing...
UK Crypto Advisory Firm Shuts Down Over Investor Losses, Accounting Neglect
14.5.2024
The UK government’s Insolvency Service has shut down a London-based crypto advisory firm that claimed to offer investment advice in cryptocurrencies.
The post UK Crypto Advisory Firm Shuts Down Over Investor Losses, Accounting Neglect appeared first on Cryptonews
Coinbase website down as crypto exchange cites ‘system-wide outage’
14.5.2024
Crypto exchange Coinbase has suffered a 'system wide' outage, rendering platform unusable
US Blocks Chinese-Backed Crypto Mining Firm From Owning Land Near Wyoming Missile Base
14.5.2024
President Joe Biden has issued an order blocking MineOne, a majority Chinese-backed cryptocurrency mining firm from owning land near a strategic nuclear missile base in Wyoming due to security concerns.
The post US Blocks Chinese-Backed Crypto Mining Firm From Owning Land Near Wyoming Missile Base...
Crypto exchange OKX launches local regulated entity in Australia
14.5.2024
The expansion comes 12 months after the firm announced its intention to expand down under