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Telegram to Support TON-Based NFT Gifts Later This Year
7.10.2024
The founder of Telegram has announced plans to support TON-based non-fungible token (NFT) gifts later this year. This new feature will allow users to convert limited-edition animated gifts into NFTs on the TON blockchain. These tokenized gifts can be displayed on user profiles or traded...
Kraken Launches Regulated Derivatives Platform in Bermuda
6.10.2024
Cryptocurrency exchange Kraken has launched a new regulated derivatives trading platform in Bermuda after obtaining a Class F Digital Business License from the Bermuda Monetary Authority. This platform offers over 200 contracts, including perpetual and fixed-maturity futures, and aims to provide...
US Targets Lazarus Group and APT38 in $879M Crypto Forfeiture Complaint
6.10.2024
Offshore Alert reporter David Marchant disclosed the United States has initiated two forfeiture complaints related to previously confiscated bitcoin (BTC) and tether (USDT), alleging that these funds were snatched by the notorious North Korean hacking groups Lazarus Group and Advanced Persistent...
Coinbase to Delist USDT in Europe Amid New EU Regulations
6.10.2024
Coinbase has announced plans to delist Tether’s USDT and other stablecoins that do not comply with the European Union’s Markets in Crypto-Assets (MiCA) regulations by December 30, 2024. This decision is part of Coinbase’s efforts to adhere to the new rules, which require...
Wealthiest Man in Argentina Praises Bitcoin’s Strength Against Government Intervention
6.10.2024
Marcos Galperin, founder and CEO of Latin America’s e-commerce and financial services giant Mercado Libre, shared his perspective on bitcoin and cryptocurrency. In a recent interview, Galperin stated that he believes cryptocurrencies will play a “very, very important role” in...
Zimbabwe Injects $50 Million to Bolster Devalued Currency
6.10.2024
The Reserve Bank of Zimbabwe (RBZ) has injected an additional $50 million into the market to support the foreign exchange system. However, industry leaders believe the bank is not doing enough to facilitate the smooth operation of the market. They argue that the policy requiring companies to have...
Nigeria to Launch $1.5M Initiative to Boost AI Development
5.10.2024
Nigeria’s Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, has announced a $1.5 million initiative to boost the country’s Artificial Intelligence (AI) development. This fund, supported by Luminate, a global foundation, will be launched on Oct. 7 in Abuja....
New York Man Pleads Guilty in Crypto-Fueled $25M Money Laundering Case
5.10.2024
The U.S. Attorney’s Office and the FBI announced on Friday that Yanbing Chen, a 30-year-old from Brooklyn, N.Y., pleaded guilty to his involvement in an international money laundering and drug trafficking conspiracy. The organization, led by Jin Hua Zhang of Staten Island, laundered over...
Nubank Lowers Cryptocurrency Trading Fees
4.10.2024
Nubank, the Latam-focused fintech company, recently lowered its cryptocurrency trading fees from 0.8% to 0.6% for each transaction completed. The platform allows for purchasing and selling 15 different cryptocurrencies, including bitcoin (BTC), ether (ETH), solana (SOL), and the USDC stablecoin...
All-Women AI PhD Program Launches in Africa
4.10.2024
A pioneering Africa-Europe collaboration aims to train 700 African Doctor of Philosophy (PhDs) in artificial intelligence (AI) over the next decade. The first intake of this program, however, will be unique: it will consist entirely of women. This initiative is the brainchild of CORE AI, a research...
HBO Documentary Claims to Reveal the True Identity of Bitcoin’s Creator Satoshi Nakamoto
3.10.2024
According to a Politico report, a new HBO documentary claims to have cracked the mystery behind Bitcoin’s elusive creator, Satoshi Nakamoto. If this revelation gains traction, Politico’s Izabella Kaminska stated it could send ripples through global financial markets. Kaminska further...
‘Deep Chainsaw’ Advances: Milei to Eliminate National Coin House
3.10.2024
The Administration of Javier Milei has revealed that the Argentine Coin House, the equivalent of the U.S. Bureau of Engraving and Printing, will be closed as part of the ‘deep chainsaw’ cost reduction plan. The announcement was made by Deregulation and State Transformation Minister...
Circle to Expand USDC Stablecoin to Australia and APAC Region Through Strategic Partnership
2.10.2024
Mark Carnegie’s MHC Digital Group is partnering with Circle Internet Financial to expand the distribution of the stablecoin USD Coin (USDC) to institutional investors in Australia and the broader Asia-Pacific (APAC) region. This strategic collaboration aims to help superannuation funds...
Kraken to Delist Monero (XMR) Across Europe
2.10.2024
Kraken has announced the delisting of Monero (XMR) across the entire European Economic Area (EEA) due to regulatory changes. Effective October 31, 2024, at 15:00 PM UTC, trading and deposits for all XMR markets will be halted, and any open orders will be automatically closed. Clients will have...
Aussie Bank Joins MAS’ Digital Asset Interoperability Project
2.10.2024
The Australian financial institution ANZ Bank has joined Project Guardian, a Monetary Authority of Singapore (MAS) initiative exploring the digitization of financial markets. In partnership with Chainlink Labs and ADDX, ANZ will investigate the interoperability of private blockchains for exchanging...
Metaplanet Adds 107.9 BTC, Holdings Reach 506.7 BTC
1.10.2024
The Tokyo Stock Exchange listed Metaplanet Inc. has purchased an additional 107.913 bitcoins (BTC) worth $69.42 million (one billion yen). This brings the company’s total bitcoin holdings to 506.745 BTC, acquired at an average price of $65,101. Metaplanet’s latest BTC purchase comes...
Korean Exchange Bithumb Eyes Nasdaq Listing After Shelving KOSDAQ IPO Plans
1.10.2024
Bithumb, one of South Korea’s largest cryptocurrency exchanges, is considering a listing on the U.S. Nasdaq exchange after shelving its initial plans for an IPO on the South Korean KOSDAQ market. The decision was discussed during a shareholder meeting on September 30, 2024, as part of Bithumb’s...
Bukele and Milei Meet: Zero-Deficit Budgets, Security, and Policy Discussed
1.10.2024
The presidents of Argentina and El Salvador, Javier Milei and Nayib Bukele, met on Monday in Buenos Aires to discuss several issues concerning the mutual problems of their countries. The meeting, attended by members of both cabinets, covered topics such as security, debt issuance, and political...
Japan to Review Crypto Regulations, Potentially Easing Tax Burden
1.10.2024
Japan is reportedly set to review its cryptocurrency regulations, potentially reducing taxes on digital assets. The Financial Services Agency (FSA) plans to assess whether current crypto regulations under the payments act provide sufficient investor protection. The review may lead to reclassifying...
Canada Sets New Deadline for Crypto Platforms to Comply With Stablecoin Regulations
30.9.2024
The Canadian Securities Administrators (CSA) have announced an updated regulatory framework for stablecoins, also known as value-referenced crypto assets (VRCAs), with a new compliance deadline set for December 31, 2024. The updated regulations emphasize transparency and investor protection...