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Binance Has Not Complied With 86% of Israel’s Account Block Requests
7.10.2024
Binance, one of the largest crypto exchanges, has disclosed that it does not automatically comply with account blockages imposed by Israeli authorities. According to reports, the exchange failed to comply with 86% of these requests, as the accounts referenced did not appear to be involved...
Crypto Investors Rush To ETFSwap As ADA Falls, TON Fails to Impress
7.10.2024
The crypto market is known for its high level of unpredictability and shifting investor sentiments, which are often…
TON-based wallet drainer shuts down, eyes Bitcoin
7.10.2024
A TON-based wallet drainer claimed it is shutting down operations due to the lack of whales in the network.
Bitcoin miners show mixed performance in September amid market volatility
7.10.2024
While both Hut 8 and Irish Energy expanded operations, they reported contrasting results in Bitcoin production efficiency
WEF recommends ‘Sandbox-first approach’ for DeFi adoption
7.10.2024
The World Economic Forum has recommended using regulatory sandboxes to foster decentralized finance innovation while mitigating risks
UAE Exempts Crypto Transactions From Value Added Tax
7.10.2024
The United Arab Emirates has exempted crypto transactions from value-added tax (VAT), according to an amendment in the law made by the Federal Tax Authority
Daily Crypto Update: Bitcoin Crosses $63k, Ethereum Follows
7.10.2024
The crypto market rejuvenated during the weekend, showing signs of life. Bitcoin, Ethereum, and other top cryptos gained…
ZachXBT accuses crypto influencer Ansem of promoting memecoin ‘pump and dumps’
7.10.2024
Crypto sleuth ZachXBT accused Ansem of promoting “hundreds” of low market cap memecoins to his followers, which he claimed could have an outsized effect on their price
What Is the Fantom Crypto Sonic Upgrade?
7.10.2024
This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this article, which was originally published in Q1 2024, writer Gaz of Blocmates thoroughly examines...
Elon Musk Attends Donald Trumps’ Rally: Crypto Surges, Trump’s Victory Odds Rise to 54.5%
7.10.2024
Tech tycoon and World’s richest man, Elon Musk attended a recent Donald Trump rally leading to a surge…
Latam Insights: Bukele Offers Bitcoin Advice to Argentina, Uruguay Passes Crypto Law
7.10.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, El Salvador’s President Nayib Bukele meets with President Milei in Argentina, offering bitcoin advice to the Senate, and Uruguay passes a cryptocurrency...
DHS says it thwarted over 500 crypto ransom attacks in 3 years
7.10.2024
The US Homeland Security Investigations (HIS) Cyber Crimes Center reported it disrupted hundreds of ransom attacks since its formation in 2021
11 of Hong Kong’s Crypto Platforms to Get Licenses Before 2024 Ends
7.10.2024
Hong Kong is stepping up its crypto game, and to level up it further 11 of Hong Kong’s…
Crypto Fraud Ring Dismantled by Vietnamese Authorities
7.10.2024
Vietnamese authorities have reportedly dismantled a cross-border fraud ring involved in romance scams and fraudulent cryptocurrency schemes. Led by foreign criminals, the group operated from Laos and defrauded victims of tens of billions of dong. Key Vietnamese suspects, trained in digital...
UAE Introduces Retroactive VAT Exemptions for Crypto Transactions
7.10.2024
The United Arab Emirates has introduced VAT amendments that impact crypto transactions, redefining tax obligations for companies in the digital asset space. Under the new rules, businesses dealing with cryptocurrencies and other digital assets must carefully evaluate their tax positions, especially...
Australian Police Seize $9.3M in Crypto, Bust Mastermind Behind Ghost Platform
7.10.2024
The Australian Federal Police have taken a major step against organized crime by seizing $9.3 million in cryptocurrency. The operation uncovered a secret encrypted communication platform, Ghost, leading to the arrest of its alleged mastermind. Through digital forensics, authorities cracked...
Experts Fear Cryptocurrency Outflows May Affect Exchange Rates in Brazil
7.10.2024
Analysts believe that, in the future, outflows derived from cryptocurrency purchases could affect the domestic exchange rate in Brazil. The Central Bank of Brazil indicates that crypto assets and recreational services account for $14.7 billion that flowed out of Brazil through August, hinting...
Kraken Launches Regulated Derivatives Platform in Bermuda
6.10.2024
Cryptocurrency exchange Kraken has launched a new regulated derivatives trading platform in Bermuda after obtaining a Class F Digital Business License from the Bermuda Monetary Authority. This platform offers over 200 contracts, including perpetual and fixed-maturity futures, and aims to provide...
US Targets Lazarus Group and APT38 in $879M Crypto Forfeiture Complaint
6.10.2024
Offshore Alert reporter David Marchant disclosed the United States has initiated two forfeiture complaints related to previously confiscated bitcoin (BTC) and tether (USDT), alleging that these funds were snatched by the notorious North Korean hacking groups Lazarus Group and Advanced Persistent...
Blake3 Now Most Profitable PoW Algorithm for Crypto Miners, KAS Slips in Rankings
6.10.2024
In July, the proof-of-work (PoW) crypto mining algorithm Kheavyhash, used by the kaspa (KAS) crypto asset, held the top spot for profitability among consensus algorithms. Fast forward to today, and it’s the Blake3 algorithm that’s taking the lead, with alephium (ALPH) miners raking...