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Binance Slapped With $4.3 Million Fine By Canada’s FINTRAC


Crypto exchange Binance is facing a $4.3 million USD fine by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) for violating terrorist financing and money laundering laws, the Canadian regulator announced Thursday. News of the fine comes just over a week after former...

NFT Trader Loses $145K To BAYC Phishing Scam


In a phishing fraud run by BAYC, an NFT trader lost tokens valued at more than $100,000. On May 9, the on-chain security platform PeckShield made this announcement, as scams in the cryptocurrency and NFT field continue to cause alarm. The post NFT Trader Loses $145K To BAYC Phishing Scam appeared...

Best Crypto to Buy Now May 9 – Arweave, Render, Toncoin


With cryptocurrency markets choppy on Thursday as Bitcoin (BTC) rebounds from session lows in the $61,000s back to the mid-$62,000s, traders are parsing through their options in the altcoin market as they hunt for the best crypto to buy now on May the 9th. The post Best Crypto to Buy Now May 9...

Robinhood Met With SEC 16 Times Before Wells Notice, CEO Vlad Tenev Says


Robinhood and its CEO Vlad Tenev met with the United States Securities and Exchange Commission (SEC) 16 times before the commission sent the crypto company a Wells Notice, the CEO revealed in a Wednesday interview with CNBC. News of the meetings come as the crypto company's quarter 1 earning...

Binance Denies Allegation Of Market Manipulation From DWF Labs


Binance is retaliating against the May 9 accusation made against the platform by DWF Labs. This comes after a sensational Wall Street Journal (WSJ) report that stated Binance fired a worker who discovered proof of market manipulation by DWF Labs, a significant market on the trading platform. The...

Lightning Labs Paving the Way to Bring Stablecoins to Bitcoin


Lightning Labs CEO Elizabeth Stark believes the new functionality brought by the Lightning Network Taproot Assets protocol will enable stablecoins on Bitcoin. The post Lightning Labs Paving the Way to Bring Stablecoins to Bitcoin appeared first on Cryptonews

Marsh Introduces Insurance Solution for EU Crypto-Asset Service Providers


Marsh, the insurance broking and risk advisory business of Marsh McLennan, has unveiled an insurance solution designed for crypto-asset service providers operating within the EU. The post Marsh Introduces Insurance Solution for EU Crypto-Asset Service Providers appeared first on Cryptonews

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