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Today in Crypto: Hong Kong Will Use ‘All Available Methods’ to Fight Crypto Scams, Americans are ‘Much More Open to Potential of Crypto Than Brits’
28.11.2023
Source: AdobeStock / Vitalii Vodolazskyi Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Regulation news Hong Kong authorities may give regulators more power to fight cryptocurrency scams and will...
Crypto Payment Provider Alchemy Pay Secures Iowa Money Services License
28.11.2023
The Singapore-based payment gateway Alchemy Pay has been granted the money services license by the U.S. state of Iowa. Both this license and the money transmitter license obtained from Arkansas nearly two months earlier underline Alchemy’s “dedication to compliance.” Alchemy...
Jim Cramer Shifts to Bullish Outlook for Bitcoin – Will the Inverse Cramer Curse Still Play Out?
28.11.2023
Jim Cramer. Source: CNBC Jim Cramer – the eccentric host of CNBC’s finance show “Mad Money” – has flipped bullish on Bitcoin (BTC), signaling to some investors that it might be time to sell. The famous commentator has spent the past 12 months urging investors to steer clear of crypto markets...
Real AI use cases in crypto, No. 1: The best money for AI is crypto
27.11.2023
No bullsh*t, hype-free use cases for AI and crypto: Crypto is the currency of choice for autonomous AI agents, says Jeremy Alliare & ChatGPT
Robert Kiyosaki’s Advice: Get Into Bitcoin Now ‘Before It’s Too Late’
27.11.2023
Rich Dad Poor Dad author Robert Kiyosaki has advised investors to get into bitcoin and ditch fiat money now “before it’s too late,” reiterating that workers and savers in U.S. dollars are losers. Kiyosaki has made a number of bullish predictions about the price of bitcoin...
Former NYSE President: Money Will Flood Into Crypto Industry With Spot Bitcoin ETFs
27.11.2023
Former NYSE President Tom Farley expects money to “flood” into the crypto industry when the U.S. Securities and Exchange Commission (SEC) approves spot bitcoin exchange-traded funds (ETFs). “It’s just easier to buy. People believe in bitcoin,” he emphasized...
End of an Era: CZ Steps Down, SEC Names More ‘Securities,’ as US Crypto Crusade Continues — Week in Review
26.11.2023
Bitcoin.com News reported this week that leading crypto exchange Binance will settle with the United States Department of Justice (DOJ) for $4.3 billion, related to breaching anti-money laundering and sanctions regulations. The well-known face of the exchange, and former CEO, Changpeng...
Binance onboarded millions into finance but forgot the paperwork — Columbia professor
25.11.2023
Binance settlement highlights banks’ and crypto firms’ ambiguous treatment, says Columbia Business School adjunct professor Omid Malekan
Martin Shkreli Tells CZ ‘Jail Ain’t so Bad,’ Speculates About Sentence
25.11.2023
Martin Shkreli, also known as ‘Pharma Bro,’ directed his attention to former Binance CEO Changpeng “CZ” Zhao’s situation, with CZ having recently pleaded guilty to money laundering charges as part of a $4.3 billion settlement. “Jail ain’t so bad,”...
ECB Chief Christine Lagarde Reveals Her Son Invests in Crypto Despite Her Warnings — ‘He Ignored Me Royally’
24.11.2023
The president of the European Central Bank (ECB), Christine Lagarde, has reportedly revealed that her son invested in crypto despite her warnings. “He ignored me royally,” Lagarde shared, noting that after he lost 60% of the money he invested, she had another talk with him about crypto investing....
KyberSwap attacker used ‘infinite money glitch,’ Australia’s tax agency won’t clarify DeFi rules: Finance Redefined
24.11.2023
Australia’s tax regulator did not clarify whether investors must pay taxes on liquid staking or transfer to layer-2 bridges
ECB President Christine Lagarde Says Her Son Lost “Almost All” Money He Invested in Crypto
24.11.2023
Christine Lagarde. Source: europeancentralbank / Instagram European Central Bank (ECB) President Christine Lagarde has revealed that her son endured substantial losses in his investments in cryptocurrencies. During a town hall event with students in Frankfurt, Lagarde said that despite her strong...
Binance US Guilty Plea May Raise Complications for Hong Kong Affiliate’s Crypto License Application- Here’s What You Need to Know
24.11.2023
Source: Pixabay According to several industry experts, Binance and its founder, Changpeng Zhao (CZ), pleading guilty to US anti-money laundering laws could pose challenges to the cryptocurrency exchange’s ambitions in Hong Kong. On November 21, Changpeng Zhao stepped down as CEO of Binance...
European Banking Authority Calls for Enhanced Anti-Money Laundering Rules for Crypto Providers – Regulation Incoming?
24.11.2023
Source: AdobeStock / rarrarorro The European Banking Authority (EBA) aims to update the Anti-Money Laundering and Combatting the Financing of Terrorism (AML/CFT) rules for crypto providers. In a consultation paper released on November 24, the banking regulator of the European Union acknowledged...
Bitcoin critic, ECB chief Lagarde says her son 'ignored' her, lost money on crypto: Report
24.11.2023
European Central Bank chief Christine Lagarde reportedly said her son ignored warnings against crypto investments and lost “about 60%” of his money
How Analysts Think Binance’s $4.3B Settlement Will Help Crypto Grow
24.11.2023
While the recent settlement between Binance, its former CEO Changpeng Zhao, and the U.S. Department of Justice (DOJ) has shocked the entire crypto industry due to the supposed money laundering and terrorism-related financial implications it has, many analysts and execs believe this is ultimately...
KyberSwap Exploited in $46 Million Attack Due to ‘Infinite Money Glitch’
24.11.2023
Source: AdobeStock / Roman Samokhin According to Ambient Exchange founder Doug Colkitt, KyberSwap’s $46 million hack was “the most complex and carefully engineered smart contract exploit” and confirmed that what happened was an infinite money glitch. In a detailed thread on...
“If You Like Bitcoin, Buy Bitcoin” – Financial Analyst Jim Cramer Admits He Was Wrong On Bitcoin
24.11.2023
Financial analyst Jim Cramer has admitted he was wrong on the direction of Bitcoin (BTC) as he previously urged users to sell the asset. In a part of his CNBC Mad Money show where he advises callers on assets to increase their exposure to dump, he revealed his present stance on investors acquiring...
KyberSwap attacker used ‘infinite money glitch’ to drain funds: DeFi expert
23.11.2023
By exploiting a bug, the attacker caused liquidity to be "double counted," allowing them to get an unfair price for a swap
Kraken Co-founder Says Crypto “Feels More Fair” After CZ’s Guilty Plea
23.11.2023
Source: Pixabay “The crypto game feels a bit more fair today,” Kraken co-founder Jesse Powell said in an X post on Wednesday. In the wake of Binance co-founder Changpeng Zhao stepping down as CEO and pleading guilty to criminal charges of money laundering, Powell held nothing back in his assessment...