Search
Swan Bitcoin to Block Accounts Interacting with Coin Mixing Services
14.11.2023
Source: iStock Swan Bitcoin, a California-based Bitcoin services platform, announced recently that it would terminate accounts of users directly interacting with mixing services. In a statement released over the weekend, Bitcoin-only accumulation platform Swan issued a warning to users engaging...
Goldman Sachs leads $95M funding round for blockchain payment firm Fnality — Report
14.11.2023
With $158 million of total capital raised since 2019, Fnality plans to launch the Sterling Fnality Payment System in 2023, subject to approval by the Bank of England
FTX Foundation Member Denies Involvement In SBF Fraud, Insists on Unpaid Bonus
14.11.2023
Source: AdobeStock / Rafael Henrique Ross Rheingans-Yoo, an employee of FTX Foundation has filed a response to FTX’s claim regarding his unpaid salaries and bonuses totaling $275,000. In a Nov 13 court filing, the foundation staff argued that he was entitled to $650,000 but was only paid $375,000...
South Korea’s Democratic Party Mandates Crypto Holdings Disclosure for Candidates in Upcoming Elections
14.11.2023
Source: Pixabay / habunman The Democratic Party of South Korea has instituted a new policy requiring preliminary candidates for the upcoming general elections to disclose their holdings in virtual assets, including cryptocurrencies, according to The Korea Economic Daily (Hankyung). This decision...
Crypto.com’s Dubai’s Subsidiary Secures License from VARA
14.11.2023
Source: Pixabay/Jan Vasek Singapore-based Crypto.com’s subsidiary has secured a Virtual Assets Service Provider (VASP) License from Dubai’s regulator for specified crypto service activities. CRO DAX Middle East, the exchange’s Dubai arm, received the license from Dubai’s Virtual Assets Regulatory...
Inflows Into Digital Asset Investment Products Cross the $1 Billion Mark — Study
14.11.2023
The U.S. dollar value of funds flowing into digital asset investment products or exchange-traded products (ETP) in 2023 now exceeds $1 billion. In the week ending Nov. 10, approximately $293 million flowed into ETPs. Bitcoin ETP trading volumes in the week under review constituted nearly 20%...
Fnality Receives $95 Million Investment Led by Goldman Sachs, BNP Paribas
14.11.2023
Fnality International, a company specializing in tokenized cash solutions on blockchain, has secured a substantial investment of $95.2 million, according to Bloomberg. The funding round was spearheaded by prominent financial institutions Goldman Sachs and BNP Paribas. Fnality’s Growth Journey...
South Korean High Court Sentences Crypto Scammer to 9 Years in Jail
14.11.2023
Source: kwanchaift/Adobe A branch of the South Korean High Court has jailed a convicted crypto scammer who operated a bogus token trading platform for nine and a half years. Per Seoul Kyungjae, the case was heard at the Busan High Court (Ulsan Tribunal) on November 12. The scammer, unnamed...
Tokenized Cash Fintech Fnality Raises $95M Led by Goldman and BNP Paribas
14.11.2023
DTCC, Euroclear, Nomura and WisdomTree also participated in the Series B funding round
Former Polygon Labs President Joins Rival Solution Optimism as Growth Chief
14.11.2023
Ryan Wyatt Source: LinkedIn Renowned Ethereum Layer 2 scaling protocol Optimism has snagged Ryan Wyatt, the former president of Polygon Labs, as its Chief Growth Officer. Let's keep it short & sweet My next chapter begins today as Chief Growth Officercontributing to the Optimism Collective!...
Lloyds Bank: UK Sees 23% Increase in Cryptocurrency Scam Reports
14.11.2023
Source: AdobeStock / JeromeMaurice Lloyds Bank, a big four bank in the United Kingdom, reports that crypto scams have risen 23% compared to the same period last year. The firm warned that fraudsters are targeting young people over social media, with victims losing an average of £10,741 ($13,183.72)...
Lens, Aave's Decentralized Social Media Platform, Launches Major Upgrade on Polygon
13.11.2023
The open source protocol spearheaded by DeFi giant Stani Kulechov has released a bevy of new monetization features
Ondo and Axelar Join Forces for Ondo Bridge
13.11.2023
Tokenized secure note issuer Ondo Finance and Web3 cross-chain platform Axelar came together Monday, November 13th to unveil Ondo Bridge, a cross-chain mechanism designed to facilitate easy transfers of Ondo tokens across blockchains. “A superior and safer yield-generating stablecoin”...
Bogus BlackRock XRP Filing Spoofs ETF Watchers, Crypto Traders
13.11.2023
Under New Leadership, Terraform Labs Acquires Cross-Chain Analytics Firm Pulsar Finance
13.11.2023
In a recent development, Terraform Labs has completed the acquisition of Pulsar Finance, a firm specializing in cross-chain analytics and portfolio management. The acquisition occurs as Terraform’s former CEO Do Kwon remains incarcerated in Montenegro and a U.S. Securities and Exchange...
APEC finance ministers to share perspectives on crypto at meeting in San Francisco
13.11.2023
U.S. Treasury Secretary Janet Yellen said she is looking forward to hearing from the finance ministers of some of the world’s most crypto-forward countries
Tether Issued 4B USDT on Tron and Ethereum Networks: Report
13.11.2023
Source: Adobe/Alvaro Major stablecoin issuer Tether has significantly increased its issuance of new USDT assets, reaching a total of $4 billion in the past month. Whale Alert, sharing this information on its Telegram channel, disclosed that Tether had minted an additional $1 billion worth of USDT...
IRS Holds Hearing on Digital Asset Reporting Regulations Following Pushback
13.11.2023
Following massive pushback from the crypto industry, the Internal Revenue Service (IRS) held a public hearing on Monday morning, chiefly discussing their recently proposed digital asset broker reporting regulations. A firestorm of comments Initially filed on August 29th, 2023, the IRS’ proposed...
Chinese Hackers Turn to Skype Video App In Latest Scam Targeting Crypto Users: SlowMist
13.11.2023
Source: Adobe Crypto security analytics firm SlowMist has uncovered a new phishing scam in China that uses a fake Skype video app to target crypto users. New SlowMist Investigation Report: Fake Skype App Phishing Analysis Our latest report exposes how a fake Skype app led to the theft of stolen...
Polymarket Bets Favor Trump for GOP Nomination With an 81% Chance of Winning
13.11.2023
This week, the blockchain-based forecasting platform Polymarket’s figures indicate that Donald Trump is leading the race for the Republican nomination in July 2024. Trump is ahead of a group of 13 contenders, which includes a few not actively campaigning, in a betting pool worth $5.25...