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Crypto Exchange Backpack Appoints Stripe, Banking Veteran as CFO
21.3.2024
Backpack was founded by Armani Ferrante and Trian Yver, alums of defunct trading companies Alameda Research and bankrupt crypto exchange FTX respectively
Selling on Rise? Crypto Whale Transfers $42.8M ETH to Binance
21.3.2024
Roughly 18 hours ago, an investor holding a large amount of ether transferred 12,000 ETH worth $42.8 million to Binance, according to Lookonchain
North Korean Crypto Hackers Have Stolen $3B Since 2017, Says UN Security Council: Report
21.3.2024
A UN Security Council panel is investigating 17 crypto heists in 2023, for which North Korea may have been responsible, which were valued at more than $750 million
FTX Users Seek Return of Crypto Assets, Not Dollars
21.3.2024
In a collection of letters, FTX users around the globe have asked for their coins instead of being reimbursed.
The post FTX Users Seek Return of Crypto Assets, Not Dollars appeared first on Cryptonews
Shop with SHIB: Binance Pay paves the way for fee-free crypto shopping
21.3.2024
The crypto sphere is all about the buzz as the market values experience a surge, especially for the Shiba Inu (SHIB) coin investors who are reaping big on their investments as the values of their investments are being pushed higher. This surge offers an excellent chance for investors to invest...
Polygon Leaps Towards Future With Successful Napoli Hard Fork
21.3.2024
Polygon’s Napoli hard fork, incorporating the RIP-7212 upgrade, marks a significant advancement in interoperability with mainstream tech by introducing support for the elliptic curve digital signature algorithm commonly used across the internet. The upgrade also aligns with Ethereum’s...
Whale invests $100k in Green Bitcoin: Is this the next crypto to explode?
21.3.2024
Investors are showing massive interest in Green Bitcoin. After a recent $100k investment by a whale, the project started trending on the list of the best cryptos to buy. And that is for a reason. This next crypto to explode combines Bitcoin and Ethereum’s features in the best possible...
Crypto Lender Celsius Pursues $2B Pre-Bankruptcy Exodus
21.3.2024
Bankrupt crypto lender Celsius has begun demanding customers who made major withdrawals in the three months preceding its bankruptcy to return their funds or face legal action.
The post Crypto Lender Celsius Pursues $2B Pre-Bankruptcy Exodus appeared first on Cryptonews
Dutch Prosecutors Reportedly Charge Tornado Cash Developer With Money Laundering
21.3.2024
Alexey Pertsev, a developer for Tornado Cash, has reportedly been indicted by prosecutors in the Netherlands. They accuse him of laundering $1.2 billion. Pertsev’s attorney confirmed the prosecutors’ intent to charge his client. According to Dutch prosecutors, while a crypto-mixing...
Vitalik Buterin Unveils ‘Rainbow Staking’ and a ‘Recovery Hard Fork’ at Ethtaipei
21.3.2024
During the Ethtaipei 2024 event in Taiwan, Ethereum founder Vitalik Buterin introduced “rainbow staking,” a new conceptual framework designed to allow protocol service providers to engage in a differentiated menu of protocol services. Rainbow staking aims to enhance the economic value...
Crypto Bank Meld to Launch Tokenized RWAs to Retail Investors
21.3.2024
Meld will launch borrowing and lending services against tokenized RWA in partnership with German-licensed DeFi platform Swarm Markets.
The post Crypto Bank Meld to Launch Tokenized RWAs to Retail Investors appeared first on Cryptonews
Local Coffee Chain in DC Teams Up with Coinbase to Accept Crypto Payments
21.3.2024
A local coffee chain in Washington, D.C. has partnered with Coinbase to introduce crypto payments to its customers.
The post Local Coffee Chain in DC Teams Up with Coinbase to Accept Crypto Payments appeared first on Cryptonews
Kraken Unveils Crypto Custody Service for US Institutional Clients
21.3.2024
Crypto exchange Kraken launched a crypto custody service in the US targeted at institutional clients on Wednesday. Kraken Financial, a state-chartered bank based in Wyoming, will provide the service.
The post Kraken Unveils Crypto Custody Service for US Institutional Clients appeared first...
How XRP sets the standard for crypto security?
21.3.2024
XRP is a type of cryptocurrency. It is necessary for the Ripple ecosystem to work. Ripple aims to change international payments by using XRP as an intermediate token to facilitate speedy and affordable transactions between financial institutions. Just like with physical currency, digital assets...
SEC Requests More Funding to Regulate Crypto Sector
21.3.2024
The U.S. Securities and Exchange Commission (SEC) has submitted its 2025 budget request, which will partly fund the securities watchdog’s efforts to regulate the crypto sector. “We’ve seen the Wild West of the crypto markets, rife with noncompliance,” SEC Chair Gary Gensler...
Economists Rally Behind Honduras in $10.8 Billion Legal Fight Over Crypto Island Project
21.3.2024
A group of 85 economists has supported the Honduran government’s decision to leave the World Bank’s arbitration body, the International Centre for Settlement of Investment Disputes (ICSID), amidst a legal conflict with the crypto island project Próspera Inc., which seeks $10.8 billion...
Uzbekistan Increases Monthly Fees for Crypto Market Participants
21.3.2024
Uzbekistan's National Agency for Prospective Projects (NAPP) has announced a new directive to raise the monthly fees for those involved in the cryptocurrency market within the country.
The post Uzbekistan Increases Monthly Fees for Crypto Market Participants appeared first on Cryptonews
Coinbase to Provide Key Infrastructure for Blackrock’s Tokenized Investment Fund
21.3.2024
Coinbase has been chosen as a key infrastructure provider for Blackrock’s newly unveiled tokenized investment fund, the crypto exchange has revealed. “This is the latest progression of our digital assets strategy,” said Blackrock’s head of digital assets. “We are focused...
South Korean Tax Dodgers Out of Pocket as Authorities Seize $768,500 Worth of Crypto
21.3.2024
South Korean “tax dodgers” have been dealt another blow, with tax authorities in the city of Hwaseong confiscating cryptoassets worth over $768,500.
The post South Korean Tax Dodgers Out of Pocket as Authorities Seize $768,500 Worth of Crypto appeared first on Cryptonews
Bitcoin Rallies Post-Fed Rate Announcement, Shorts Worth $151.69M Liquidated
21.3.2024
The valuation of bitcoin (BTC) tapped the $68,000 mark merely 17 hours following its dip to $60,760 per unit. Following the latest Federal Open Market Committee (FOMC) session, the entire crypto market has seen a 5.9% upturn, with bitcoin rising 6.8% versus the U.S. dollar. Crypto Market...