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Is Filecoin considered a high-risk investment?
16.11.2023
The world of cryptocurrencies and blockchain technology has fascinated a legion of investors and fanatics worldwide so overwhelmingly that they eagerly await opportunities that can offer them potential enhanced ROI. If you scout for such opportunities online, you will be spoilt for choice as they...
Turkey mulls addressing licensing and taxation in new crypto rule
16.11.2023
Bora Erdamar from BlockchainIST Center emphasized that upcoming crypto regulations prioritize specific licensing standards to prevent system abuse
Bitget Subsidiary Drops Hong Kong License Pursuit Amidst OSL Acquisition Rumors
16.11.2023
The Singapore-based crypto exchange Bitget’s Hong Kong division said on Nov. 13 that it is no longer seeking a trading license to operate in that region. Market rumors suggest that Bitgetx’s decision not to seek the license may be linked to the rumored Bitget acquisition of OSL,...
IRS Says US Taxpayers Are the Most Targeted for Pig Butchering Crypto Scams
16.11.2023
The Internal Revenue Service (IRS) has issued a warning about pig butchering cryptocurrency scams. IRS Criminal Investigation special agents stressed that these schemes are popping up across the globe, emphasizing: “U.S. taxpayers are currently the most targeted population for pig butchering...
Why does Dogecoin prefer to stay low amid the crypto surge?
16.11.2023
Over the last few days, Dogecoin seems to be everyone’s favorite cryptocurrency as the world is experiencing a boom and making great strides. Although other cryptos like Bitcoin and Ethereum are approaching an all-time high, Dogecoin chooses to remain modest. The weird movement of the coin...
Binance and Gulf Energy’s Joint Venture to Launch Crypto Exchange in Thailand
16.11.2023
Source: Pexels In a strategic collaboration, Binance Holdings Ltd. and Gulf Energy Development Pcl are set to launch a cryptocurrency exchange in Thailand early next year. This follows the acquisition of licenses from the Thai Securities and Exchange Commission, with Gulf Binance Co. obtaining...
Is Cardano still the leader in crypto development activity?
16.11.2023
Cardano is one of the most famous cryptocurrencies introduced in 2017. Its development was done through rigorous research and development involving experts, which set it apart from other digital coins. The uniqueness of Cardano’s proof-of-stake consensus mechanism and its advanced technology...
Coinbase Expects Spot Bitcoin ETFs to Add Billions to Crypto Market — Says SEC Approval Possible by Year-End
16.11.2023
Cryptocurrency exchange Coinbase says spot bitcoin exchange-traded funds (ETFs) could add billions of dollars to the total crypto market cap. Coinbase also believes that the chances of one or more spot bitcoin ETFs being approved by the U.S. Securities and Exchange Commission (SEC) before the...
Ark Invest CEO Cathie Wood Sees Crypto Market Exploding to $25 Trillion in 2030
16.11.2023
Ark Invest CEO Cathie Wood says the crypto ecosystem will be dominated by bitcoin and ether and will scale from about $1 trillion today to $25 trillion in 2030. “The regulatory breakthrough is very important to bring institutions online,” said the asset manager, emphasizing that...
SEC Announces ‘Highly Productive’ Year for Crypto Enforcement Actions
16.11.2023
The U.S. Securities and Exchange Commission (SEC) has published its latest enforcement results relating to crypto assets. “Fiscal year 2023 was another highly productive and impactful year for the SEC’s enforcement efforts relating to crypto asset securities,” the regulator described....
NYDFS Rolls Out Stricter Guidelines for Cryptocurrency Listings, De-listings
16.11.2023
The New York State Department of Financial Services (NYDFS) has said it strengthened its guidelines for listing or de-listing cryptocurrencies in a move to beef up protections for crypto investors throughout the state, NYDFS Superintendent Adrienne A. Harris said Wednesday in a statement
House Financial Services Subcommittee on Digital Assets Tackles Hamas’ Illicit Cryptocurrency
15.11.2023
The House Financial Services Subcommittee on Digital Assets, Financial Technology & Inclusion convened the afternoon of Wednesday, November 15th, to discuss illicit activity in regards to cryptocurrency. Bad actors “We know that bad actors prey on vulnerabilities wherever they can find them,”...
Solana (SOL), Avalanche (AVAX) and dYdX produce double-digit gains as Bitcoin reclaims $37K
15.11.2023
SOL, AVAX and DYDX rank among the top-performing altcoins this month. Cointelegraph investigates what is behind the move
US House Financial Services subcommittee looks for answers on crypto and crime
15.11.2023
Reports on crypto funding terrorism and blockchain forensics were confusing, but everyone agreed on the need for collaboration and regulation
Gaming Firm Boyaa Interactive to Add Bitcoin and Ether to Balance Sheet With $100M Investment
15.11.2023
Recently disclosed in a regulatory statement, Hong Kong-based Boyaa Interactive International Limited announced its plan to acquire cryptocurrency assets valued at up to $100 million. This publicly listed entity, known for developing and managing online card and board games through its various...
46% of crypto lost from exploits is due to traditional Web2 flaws - Immunefi
15.11.2023
The security platform released a report categorizing Web3 exploits in 2022, concluding that nearly half came from “infrastructure” or centralized elements
Bakkt shifts focus to custody services, adds support for DOGE, SHIB, other coins
15.11.2023
Bakkt is expanding its custody services shortly after its quarterly earnings report showed assets under custody declined 28%
German Banking Giant Commerzbank Granted Crypto Custody License
15.11.2023
Commerzbank has made a significant stride in the digital asset sector by becoming the first German full-service bank to receive a Crypto Custody License. Commerzbank believes the breakthrough positions the bank at the forefront of the burgeoning crypto market in Germany. The firm discloses that...
Crypto Whales Are Secretly Stacking This Hidden AI Crypto Gem Before it Lists on Exchanges – What Do They Know?
15.11.2023
Launchpad XYZ is an AI crypto platform gaining traction before listing on major crypto exchanges. Image by Andreas, Adobe Stock. Crypto venture capitalists have set their sights on Launchpad XYZ and its goal of enabling anyone to tap into algorithmic trading through the platform’s custom...
Poloniex to Resume Deposits and Withdrawal Services After $100 Million Exploit: Here’s More
15.11.2023
Source: Adobe Cryptocurrency exchange Poloniex has announced plans to resume operations after it suffered a major hack resulting in losses over $100 million. The exchange announced on Nov 15 that following restoration efforts after the hack, it will begin deposits and withdrawal services assuring...