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KuCoin to Shutter Services in New York After $22 Million Settlement Package – Here’s the Latest
12.12.2023
Source: Pexels The KuCoin crypto exchange is set to shutter its operations in the ‘Big Apple’ following an agreement with the Supreme Court of the State of New York County. Besides restricting access to its platform for New York residents, KuCoin has agreed to pay a $5.3 million fine...
New York AG Secures $22 Million Settlement From Kucoin for Unregistered Trading Activities
12.12.2023
In a recent legal development, New York Attorney General Letitia James has successfully obtained over $22 million from Kucoin, a well known crypto trading platform. This settlement arises from Kucoin’s alleged failure to register as a securities and commodities broker-dealer and...
DeFi Platform Conic Finance's CNC Token Surges 50% as the Protocol Plots Comeback After Hack
12.12.2023
Conic Finance was hacked in July draining roughly $3.6 million worth of ether from the protocol
Dubai Grants Climate-based AYA Platform Conditional VARA License
12.12.2023
Image Source: Pixabay Dubai’s financial regulator, the Virtual Asset Regulatory Authority (VARA) has issued a conditional operating license to AYA Platform, a web3 launchpad subsidiary of Enjinstarter. In a recent press release, the company disclosed the regulatory nod obtained by VARA to operate...
Binance P2P Trading Platform Halts Ruble Support Following Russia Exit
12.12.2023
Customers are free to withdraw or transfer funds and continue trading with Binance Russia's new owner CommEX, the company said Monday
Coinbase to Bring TradFi Assets On-Chain With New Platform Built on Base Under Abu Dhabi Regulator's Oversight
12.12.2023
Coinbase's Project Diamond lets institutions create and trade digital native versions of financial instruments such as debt using Base in a regulated manner
Global Bitcoin Mining Community Launched by Mining Grid: Introducing the ‘Mining Race’ Platform
12.12.2023
PRESS RELEASE. Mining Grid,The Blockchain technology-based startup, is thrilled to announce the official launch of its groundbreaking initiative, ‘Mining Race’. This innovative program is set to make waves in the mining community on a global scale. In recent days, Bitcoin’s...
China Plans to Verify Identities of its 1.4 Billion Residents Through Blockchain-Based Platform
12.12.2023
Image Source: Pexels China has unveiled plans to use blockchain technology for the verification of real-name identities of its vast population of 1.4 billion people. The announcement came from the Blockchain-based Service Network (BSN), China’s national-level blockchain initiative, according...
Enis Bushati to Lead NIZA: Pioneering the Financial and Cryptocurrency Convergence
12.12.2023
Announcement of a momentous financial technology advancement under the direction of Enis Bushati. NIZA, a progressive and forward-thinking initiative, is positioned to revolutionise the financial sector by integrating conventional banking and cryptocurrency services onto a single platform....
China to Verify Citizens' Identities With New Blockchain-Based Platform
12.12.2023
The announcement follows a government rule change to require social media influencers to display their real names
Blockchain Analysts Have Discovered a New Hidden AI Crypto Gem – How Does it Work?
11.12.2023
Launchpad XYZ, a new AI-powered crypto trading platform, seeks to demystify digital assets through algorithmic insights and educational resources. Image by Kerem Goktug Kaya, DALL-E 3. Finding the next big winner in the volatile cryptocurrency market can feel like searching for a diamond in...
KuCoin Labs Invests in BTC Layer 2 Dovi to Advance Bitcoin Ecosystem Development
11.12.2023
Source: KuCoin KuCoin Labs, the corporate VC arm of the KuCoin ecosystem, has announced a strategic investment to further Bitcoin ecosystem development. The KuCoin investment platform is tapping the Bitcoin Layer 2 smart contract platform Dovi, to help it achieve its “pivotal milestones.” “KuCoin...
As LINDA Token Grows 8,000% Overnight, This Unknown Crypto Platform Surges Past $3.4 Million Milestone
11.12.2023
Source: Dall•E 3 The LINDA Token price has rocketed by as much as 8,000% overnight, with the new meme coin rising to a high of $0.00008577 after listing on Uniswap three days ago. Reportedly taking its name from ConsenSys founder Joe Lubin’s pet dog, LINDA has already fallen substantially...
Scorpion Casino Sails Past the $2.2 Million Milestone as Investors Rush for Passive Income Opportunities
11.12.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. The presale for Scorpion Casino has sailed past the $2.2 million milestone as investors rush for the passive income potential on the platform. Scorpion Casino has created a revenue-sharing model that...
M&G Invests $20M in UK Bitcoin Derivatives Platform GFO-X
11.12.2023
Source: Pexels UK asset management firm M&G Plc announced it has invested $20 million in the bitcoin derivatives exchange, Global Futures & Options Holdings (GFO-X) looking to support “regulated trading of digital assets” and meet demand from institutional investors. GFO has a partnership...
Animoca Brands Japan & Apas Port launch a digital toy platform, ‘Cryptoys’
11.12.2023
Animoca Brands Japan and Apas Port collaborate to introduce Cryptoys. OnChain Studios is the creator of this innovative digital toy platform. All Japanese collectors can expect surreal exposure from this innovative digital toy platform. Crytoys are high-end digital toys that link toys with...
MetaMask Expands Global Presence With Payment Partnerships Across Six Countries
11.12.2023
Source: AdobeStock / golibtolibov MetaMask, a prominent cryptocurrency software wallet, has announced its expansion into six countries through new partnerships. The Web3 wallet provider has collaborated with VietQR and Mobile Money in Vietnam, GCash in the Philippines, QRIS in Indonesia, Thai...
Exclusive: Crypto Gaming Platform Portal Taps Top Hollywood Agency WME
8.12.2023
Source: AdobeStock / AhmadSoleh Web3 gaming platform Portal has signed with the top Hollywood-based talent agency WME to enhance distribution in the gaming sector. Portal will be represented by WME across various entertainment sectors, the firm revealed exclusively to CryptoNews. WME manages...
“Magic: The Gathering” Cards Used in Possible Cashout by Uranium Finance Hacker
8.12.2023
Source: Pixabay A hacker who targeted the Uranium Finance DeFi platform in 2021 may have attempted to launder their stolen crypto gains by using “Magic: The Gathering” trading cards. Pseudonymous blockchain sleuth ZachXBT posted an X thread on Thursday which detailed a series of moves...
NFT Trading Volume Surges 125%, Nears $1B in November: DappRadar Report
8.12.2023
Source: AdobeStock Digital collectibles or non-fungible tokens (NFTs) are currently experiencing a resurgence despite the ongoing bullish momentum in the broader crypto market. Capturing this shift, DappRadar’s November industry report revealed that the NFT ecosystem has sustained a positive...