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US Sanctions Russian Crypto Entities Following Potential Sanctions Evasions
26.3.2024
The U.S. has hit Russian crypto-related entities and individuals with additional sanctions following potential prior evasions aimed at funding the Putin-led country’s war against Ukraine, the Office of Foreign Asset Control (OFAC) revealed Monday. The latest announcement from OFAC marks the second...
Paradigm, a16z Backed Blockchain Game LootRush Announces New Gaming Subscription
26.3.2024
LootRush, a blockchain start-up backed by venture capital firms Paradigm and Andreessen Horowitz (a16z) is announcing a new gaming subscription which allows its users to access non-fungible tokens (NFTs) from over 500 games on its platform.
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Filecoin’s Fluence project: AI and Decentralized computing unite
26.3.2024
Filecoin recently introduced the Fluence Project. It has marked a pivotal moment, for it brings together artificial intelligence and decentralized computing mechanisms. The community is now looking forward to leveraging its best since it is a better alternative to centralized services. The Fluence...
South Korean Police Capture Fraudsters Who Stole $4.1 Million in Crypto Investment Scam
26.3.2024
The Haeundae Police Station in Busan, South Korea, has caught a pair of fraudsters who stole $4.1 million from a senior citizen with the promise of profitable crypto investments.
The post South Korean Police Capture Fraudsters Who Stole $4.1 Million in Crypto Investment Scam appeared first...
Turkey’s Misyon Bank Taps Taurus for Digital Asset Custody and Tokenization Services
26.3.2024
Turkey's Misyon Bank has announced its partnership with Swiss firm Taurus to leverage its digital asset custody and tokenization technology.
The post Turkey’s Misyon Bank Taps Taurus for Digital Asset Custody and Tokenization Services appeared first on Cryptonews
US Treasury Targets Russian Blockchain Companies for Sanctions Evasion
26.3.2024
The US Treasury's Office of Foreign Assets Control (OFAC) on Monday sanctioned 13 entities and two individuals. They are accused of developing crypto-related services that could facilitate sanctions evasion on behalf of Russian nationals.
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Russian Crypto Industry Sends Government Draft Mining Bill
26.3.2024
Russian crypto industry chiefs have teamed up with business leaders to create a draft bill that could legalize the nation’s booming mining sector.
The post Russian Crypto Industry Sends Government Draft Mining Bill appeared first on Cryptonews
South Korean ‘Crypto Fraudsters’ ‘Duped Financier Out of $4.1m’
26.3.2024
Suspected South Korean crypto fraudsters allegedly fooled a wealthy financier into parting with over $4.1 million, the nation’s police force said on March 25.
The post South Korean ‘Crypto Fraudsters’ ‘Duped Financier Out of $4.1m’ appeared first on Cryptonews
UAE Introduces CBDC Implementation Strategy – Here’s What’s Inside
26.3.2024
The UAE's central bank has announced a comprehensive strategy to implement a central bank digital currency (CBDC) for retail and wholesale use. In partnership with technology providers R3 and G42 Cloud, the UAE envisions that digital dirham will streamline cross-border transactions, enhance...
Senator Elizabeth Warren Criticizes Crypto, Claims It Threatens U.S. Security and “Helps Terrorists
25.3.2024
Senator Elizabeth Warren (D-MA) criticized North Korea’s crypto usage and the rise of crypto “pig butchering” scams at a Thursday hearing of the Senate of Armed Services, claiming that cryptocurrency as a whole poses “a threat to our national security.” Warren has long been openly anti-crypto...
Binance Faces Regulatory Hurdles as Philippines SEC’s Ban on Binance Takes Effect
25.3.2024
The Philippines SEC's Ban on Binance prohibits local access to the exchange's website and applications. This decision stems from Binance's alleged unlicensed operations and offering of investment opportunities to Filipinos.
The post Binance Faces Regulatory Hurdles as Philippines SEC’s Ban...
Trial Against Terraform Labs And Do Kwon Begins In NYC Following Prison Release
25.3.2024
The United States Securities and Exchange Commission’s (SEC) trial against Terraform Labs founder Do Kwon is set to begin in New York on Monday. As jury selection gets underway, the trial formally marks the beginning of the United States' quest for justice against Kwon following the collapse...
Hong Kong Regulator Issues Alert Against Suspicious Crypto Platform HKCEXP
25.3.2024
The Securities and Futures Commission of Hong Kong (SFC) has issued a warning regarding HKCEXP, an allegedly suspicious trading platform claiming to be registered with the regulator.
The post Hong Kong Regulator Issues Alert Against Suspicious Crypto Platform HKCEXP appeared first on Cryptonews
CommEx, Successor to Binance in Russia, Announces Shutdown and Halts Deposits
25.3.2024
CommEx, the exchange that took over Binance's operations in Russia in September 2023, has announced it is closing down and has stopped accepting deposits.
The post CommEx, Successor to Binance in Russia, Announces Shutdown and Halts Deposits appeared first on Cryptonews
Dead or Alive: Number of Cryptocurrencies Worldwide from 2013 to January 2024
25.3.2024
2024 began with over 9,000 cryptocurrencies available globally, 13% fewer projects ‘alive’ compared to the all-time high reached in 2022, accordign to Statista data.
The post Dead or Alive: Number of Cryptocurrencies Worldwide from 2013 to January 2024 appeared first on Cryptonews
Expert Clarifies No EU-Wide Ban on Anonymous Crypto Wallets
25.3.2024
Industry expert Patrick Hansen clarified that the EU’s recent anti-money laundering (AML) law does not specifically target banning anonymous crypto accounts.
The post Expert Clarifies No EU-Wide Ban on Anonymous Crypto Wallets appeared first on Cryptonews
Marathon Digital CEO Warns of Challenges Ahead for Small Miners Post Bitcoin Halving
25.3.2024
Marathon Digital CEO Fred Thiel warned that smaller miners will face financial strain following the Bitcoin halving event in April.
The post Marathon Digital CEO Warns of Challenges Ahead for Small Miners Post Bitcoin Halving appeared first on Cryptonews
Russian Central Bank, Ministry of Finance to Settle Crypto Policy Differences
25.3.2024
The Russian Ministry of Finance says it wants to settle its long-standing crypto policy differences with the nation’s Central Bank.
The post Russian Central Bank, Ministry of Finance to Settle Crypto Policy Differences appeared first on Cryptonews
Bithumb IPO Plans ‘Accelerate’ as South Korean Crypto Exchange Eyes Public Listing
25.3.2024
The South Korean exchange Bithumb is looking to step up its IPO plans – and could look to launch a fast-tracked initial public offering as the crypto bull market continues.
The post Bithumb IPO Plans ‘Accelerate’ as South Korean Crypto Exchange Eyes Public Listing appeared first on Cryptonews
How Many Years Will Sam Bankman-Fried Get In Prison, Really?
22.3.2024
Set to be sentenced next week, disgraced FTX founder Sam Bankman-Fried is facing charges that carry a total maximum penalty of over 100 years in prison. Former U.S. Assistant Attorney and white-collar crime expert Kevin J. O'Brien weighs in on the FTX estate and Bankman-Fried's prison time.
The...