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Crypto Exchange Korbit Charged for ‘Excessive Customer Data Collection’


The South Korean crypto exchange Korbit has been hit with a fine over “collecting excessive personal data” from at least one of its customers. According to the news agency Yonhap, the exchange was fined just over USD 4,000 by a government watchdog for ordering a customer who had attempted...

Facebook to Ramp up Payments Ahead of Diem Launch


The social media heavyweight Facebook is forging ahead with more Facebook Pay innovations ahead of the launch of its stablecoin project Diem (formerly Libra). Per The Verge, the new Facebook Pay solution is to be expanded beyond the Facebook ecosystem, which includes platforms like WhatsApp,...

China Releases e-CNY Whitepaper, Says Cryptos Have No Value & Pose Risks


The central People’s Bank of China (PBoC) released a digital yuan, e-CNY, whitepaper, in order to "explain the background, objectives, and visions" and to "seek public comments." "E-CNY is the digital version of fiat currency issued by PBoC and operated by authorized...

Ripple to Grill Ex-SEC Official Who Said Bitcoin, ETH Weren’t Securities


Ripple may have won an important battle in its protracted legal struggle with the American regulatory Securities and Exchange Commission (SEC) – after it was granted permission to question a former agency official about its crypto policy deliberations. Per Bloomberg, the SEC had attempted to block...

SEC Coinschedule Settlement Opens up Old Crypto Securities Wounds


America’s top financial regulator, the Securities and Exchange Commission (SEC) has announced that it has settled charges against the British firm Blotics, the company behind the Coinschedule initial coin offerings (ICOs) profiling site. But some key voices within the SEC are not happy with what...

Dogecoin Co-creator’s Anti-Crypto Twitter Rant Met with Scepticism


The man who created dogecoin (DOGE) has embarked on a Twitter tirade about the crypto industry, branding the sector “an inherently right-wing, hyper-capitalistic technology.” Jackson Palmer co-founded DOGE in 2013 with his former business partner Billy Markus, before walking away from the token...

Police Reveal More Details About ‘USD 60M’ Crypto ‘Scam’


Further details are emerging about an alleged Japanese crypto scam that may have sucked in between 15,000 and 20,000 mainly middle-aged investors. As reported, police in Aichi Prefecture are continuing to investigate a company named OZ Project after officers arrested four men, believed to be...

ECB Starts Digital Euro Project With Two-Year Investigation


The European Central Bank (ECB) has just announced that Eurosystem has formally launched its central bank digital currency (CBDC) project to prepare "for the possible issuance of a digital euro." The Governing Council of the ECB has decided today to launch the investigation phase of...

What Is This Uniswap Governance Drama About?


The Uniswap logo. Major decentralized exchange (DEX) Uniswap (UNI) has been swept into a controversial story since yesterday, as a decentralized finance (DeFi) education-focused fund abruptly sold off half of the assets allocated to it by Uniswap governance - raising a number of questions...

Bitcoin, Ethereum and Altcoins Consolidate Losses


Bitcoin price extended its decline below the USD 32,000 support zone. BTC tested USD 31,500 before recovering higher. It is currently (12:11 UTC) consolidating above USD 32,000, but it might face hurdles near USD 33,000 and USD 33,200. Similarly, most major altcoins are consolidating losses. ETH...

Bank Manager Gut Feeling Helps Her Thwart Crypto Scammers


The South Korean commercial bank Nonghyup Bank (NH) has claimed that a member of its staff’s quick thinking helped prevent a major instance of crypto fraud. Per the media outlet News1, the bank explained that Oh Ji-jung (40), a manager of an NH branch in the sub-tropical island province of Jeju...

Give Away Up to $6,000 - Special Launch of Altcoin Deposit on Bexplus!


The text below is an advertorial article that was not written by Cryptonews.com journalists. The recent crypto market is generally in a period of adjustment. Many altcoins follow the price of Bitcoin, and the trend of ups and downs is roughly the same. In such circumstances, trading altcoins...

Crypto Listing and Delisting Announcements: Week 28


Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know...

Fidelity In Hiring Spree As Investors Eye Cryptoassets Beyond Bitcoin


Source: Fidelity, Instagram Fidelity Digital Assets (FDA), a crypto-focused arm of US-based mutual fund giant Fidelity Investments, aims to add about 100 workers, increasing its headcount by around 70%, as institutional investors are increasingly interested in cryptoassets beyond bitcoin (BTC)....

Crypto Market Sentiment Goes Up Again, Led by Uniswap and Ethereum


We're seeing a rise in the market sentiment for the second week in a row now. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins went from 4.87 recorded a week ago to 5.03 recorded this week, according to the data provided by the market sentiment analysis service...

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