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Telegram to Support TON-Based NFT Gifts Later This Year


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


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


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


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...

Zimbabwe Injects $50 Million to Bolster Devalued Currency


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


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


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


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


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...

‘Deep Chainsaw’ Advances: Milei to Eliminate National Coin House


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...

Kraken to Delist Monero (XMR) Across Europe


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


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


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


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


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


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...

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