Search
Tether Boosts Crypto Payments in Eastern Europe with Investment in CityPay.io
9.5.2024
Tether officially declared its injection of additional investment into CityPay.io, a platform enabling users to make payments at various establishments, including Wendy’s and Radisson Hotels, using cryptocurrencies like Bitcoin.
The post Tether Boosts Crypto Payments in Eastern Europe with...
US House Proposes Bill to Ban Cryptocurrency Mixers for Two Years
9.5.2024
Led by Sean Casten and supported by fellow Democrats, the proposed bill seeks to enact a two-year ban on cryptocurrency mixers. This would mark a significant step towards addressing anonymity concerns and potential misuse in the digital currency realm.
The post US House Proposes Bill to...
Hong Kong Cracks Down on Fake Crypto Exchange Allegedly Linked to Elon Musk
8.5.2024
The Hong Kong Securities and Futures Commission (SFC) has warned the public regarding Quantum AI, an entity allegedly engaged in fraudulent activities related to virtual assets and deceiving the public by impersonating Elon Musk.
The post Hong Kong Cracks Down on Fake Crypto Exchange Allegedly...
Digitex Founder Pleads Guilty to Failure in Anti-Money Laundering Program Implementation
8.5.2024
The U.S. Attorney’s Office for the Southern District of Florida said Todd pleaded guilty to “willfully causing” Digitex to violate the Bank Secrecy Act.
The post Digitex Founder Pleads Guilty to Failure in Anti-Money Laundering Program Implementation appeared first on Cryptonews
SEC Argues for Injunctions in Final Response of Ripple XRP Case
8.5.2024
The SEC challenged Ripple’s assertion that the blockchain startup acted without recklessness and that there should be no “widespread uncertainty” about XRP’s legal status, despite the court previously rejecting this “fair notice” defense.
The post SEC Argues for Injunctions in Final Response...
Six Arrested in Connection with Austrian Crypto Fraud Scheme, €2M Worth of Assets Frozen
8.5.2024
A joint operation involving national authorities from Austria, Cyprus, and the Czech Republic has led to the arrest of six individuals connected to an online scam related to the sale of rights or tokens for a supposed new cryptocurrency.
The post Six Arrested in Connection with Austrian Crypto...
Crypto Scam Update: Stolen $71M WBTC Loot Distributed Among Multiple Wallets
8.5.2024
Stolen crypto funds tied to a recent $71 million wallet impersonation scam have started moving after six days.
The post Crypto Scam Update: Stolen $71M WBTC Loot Distributed Among Multiple Wallets appeared first on Cryptonews
Majority of Americans See Financial System as ‘Outdated,’ But Remain Skeptical of Crypto as Solution
8.5.2024
A recent survey conducted by the Digital Currency Group and The Harris Group has revealed that a majority of Americans in swing states view the financial system as "outdated."
The post Majority of Americans See Financial System as ‘Outdated,’ But Remain Skeptical of Crypto as Solution...
Monero P2P Trading Platform LocalMonero Closes, Citing ‘Internal and External’ Factors
8.5.2024
LocalMonero, a peer-to-peer trading platform for the privacy-focused cryptocurrency Monero, has decided to shut down its services with immediate effect.
The post Monero P2P Trading Platform LocalMonero Closes, Citing ‘Internal and External’ Factors appeared first on Cryptonews
Robinhood CEO Criticizes ‘Regulatory Onslaught’ on Crypto US, Pledges to Challenge SEC
8.5.2024
Expressing his discontent, Tenev characterized the SEC's regulatory actions as part of a broader "regulatory onslaught" that, in his view, stifles innovation and handicaps American firms and investors.
The post Robinhood CEO Criticizes ‘Regulatory Onslaught’ on Crypto US, Pledges...
Gary Gensler Attributes SEC’s Focus on Crypto to Financial Media and Fraud Concerns
8.5.2024
Gensler emphasized that while crypto represents a small portion of the financial markets, it disproportionally contributes to issues such as scams and frauds, attracting significant media attention.
The post Gary Gensler Attributes SEC’s Focus on Crypto to Financial Media and Fraud Concerns...
QCP Capital Secures Approval to Expand into Abu Dhabi, Strengthening Presence in the Middle East
7.5.2024
QCP Capital, a prominent options trading desk for digital assets, has received initial approval to operate in Abu Dhabi, marking its expansion into the Middle East.
The post QCP Capital Secures Approval to Expand into Abu Dhabi, Strengthening Presence in the Middle East appeared first on Cryptonews
Exodus Approved for NYSE Listing, Trading Begins on May 9
7.5.2024
Crypto wallet developer Exodus Movement has received approval to list its common stock on the NYSE American.
The post Exodus Approved for NYSE Listing, Trading Begins on May 9 appeared first on Cryptonews
Revolut Launches Crypto Trading Platform ‘Revolut X’ for UK Retail Customers
7.5.2024
Global fintech firm Revolut has introduced its standalone crypto trading platform called Revolut X, catering to UK retail customers.
The post Revolut Launches Crypto Trading Platform ‘Revolut X’ for UK Retail Customers appeared first on Cryptonews
Polygon Launches Alpha Testnet of Zero-Knowledge Rollup Solution ‘Miden’
7.5.2024
Polygon, a prominent Ethereum layer-2 developer, has introduced the alpha version testnet of its latest zero-knowledge (ZK)-rollup solution named Miden.
The post Polygon Launches Alpha Testnet of Zero-Knowledge Rollup Solution ‘Miden’ appeared first on Cryptonews
Public Mining Companies Experience Production Decline of 6-12% in April Post-Halving
7.5.2024
Public mining companies have reported decreases in Bitcoin production ranging from 6% to 12% for the month of April following the halving event.
The post Public Mining Companies Experience Production Decline of 6-12% in April Post-Halving appeared first on Cryptonews
FTX Transfers $8.3M a Day Before Amended Proposal Deadline for Restructuring Plan
7.5.2024
This transfer occurred just a day before FTX debtors were scheduled to release an amended restructuring plan for the exchange, adding a layer of intrigue to an already complex situation.
The post FTX Transfers $8.3M a Day Before Amended Proposal Deadline for Restructuring Plan appeared first...
Kenya Appoints Marathon Digital as Consultant for Cryptocurrency Regime and Mining Energy Needs
7.5.2024
Kenyan President William Ruto has announced that his government has appointed Marathon Digital, a U.S.-based Bitcoin mining company, as its consultant.
The post Kenya Appoints Marathon Digital as Consultant for Cryptocurrency Regime and Mining Energy Needs appeared first on Cryptonews
Bitfinex CTO Confirms FSociety Allegations of Database Breach as ‘Fake’
6.5.2024
Bitfinex's chief technology officer, Paolo Ardoino, has dismissed claims by hacking group Fsociety, that allege a breach of the cryptocurrency exchange's database.
The post Bitfinex CTO Confirms FSociety Allegations of Database Breach as ‘Fake’ appeared first on Cryptonews
Australian Federal Court Rules Mostly in Favor of Regulator in Case Against BPS Financial
6.5.2024
The Australian Federal Court has delivered a ruling mostly in favor of Australia's markets regulator in its case against BPS Financial Pty Ltd (BPS) over its Qoin scheme.
The post Australian Federal Court Rules Mostly in Favor of Regulator in Case Against BPS Financial appeared first on Cryptonews