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US Senator Urges Regulators to Increase Scrutiny on Crypto as It Risks Undermining Sanctions Against Russia
3.3.2022
U.S. Senator Elizabeth Warren is worried that “cryptocurrencies risk undermining sanctions against Russia.” She urges financial regulators “to take this threat seriously and increase their scrutiny of digital assets.” Senator Elizabeth Warren Worried Russia Could...
Hong Kong-listed Huobi Tech launches cryptocurrency OTC service
3.3.2022
Formerly known as Pantronics Holdings, Huobi Technology has shifted its focus from electronic products to crypto
Drawbacks of centralization: Moscow Stock Exchange remains offline amid ongoing Russo-Ukrainian war
2.3.2022
The closing of the exchange, along with a plunging Ruble, may have devastating impacts on the lives of ordinary Russian citizens
How Easy & Cross-Chain Swaps on LetsExchange Works?
2.3.2022
More and more people deal with digital assets daily. But the large variety of existing cryptocurrencies creates a problem. Typically, crypto coins run on their blockchains. There are also multiple networks for crypto tokens, and a particular blockchain can only accept transactions with a specific...
How Easy & Cross-Chain Swaps on LetsExchange Works?
2.3.2022
More and more people deal with digital assets daily. But the large variety of existing cryptocurrencies creates a problem. Typically, crypto coins run on their blockchains. There are also multiple networks for crypto tokens, and a particular blockchain can only accept transactions with a specific...
India’s First Crypto Index Will Be Available on Bitbns From April
2.3.2022
Despite having a large market, the cryptocurrency infrastructures have not been very satisfying for investors in India. This is partly due to the discouraging attitude of the government towards virtual currencies and partly because of the lack of exposure to the lucrative projects from the DeFi...
Binance back in Malaysia via a strategic stake in regulated digital exchange
2.3.2022
Binance has forged an array of new partnerships with regulated firms, especially in countries where it has found it difficult to get regulatory approval
UAE Property Developer DAMAC to Launch Metaverse Project in March Says Managing Director
2.3.2022
One of the United Arab Emirates (UAE)’s leading real estate property developers, DAMAC Properties, is planning to launch a project in the metaverse soon, the company’s managing director (MD) has said. DAMAC Looking Into NFTs and Metaverse According to Ali Sajwani, the managing...
Rune’s upcoming mainnet launch and Terra (LUNA) integration set off a 74% rally
1.3.2022
RUNE and its entire ecosystem is showing a few bullish signs, resulting in a 74% rally ahead of a long-awaited mainnet launch and recent integration with Terra
Crypto Exchange-Traded Products Are Blossoming in Europe
1.3.2022
Europe is seeing an increase in the number of issuers launching crypto ETPs as more investors are doing due diligence and choosing to invest in crypto
Coinbase ‘Will Not Institute a Blanket Ban’ on All Transactions Tied to Russian Crypto Addresses
1.3.2022
The popular cryptocurrency exchange Coinbase has addressed the request from Ukrainian officials to freeze the accounts of all Russian users. A Coinbase spokesperson noted that the digital currency platform would not “institute a blanket ban” against ordinary Russian users. Coinbase...
Report: Israel Defense Ministry Seized Crypto Wallets Holding Hamas-Destined Funds
1.3.2022
Israel’s Defense Ministry seized cryptocurrency wallets holding funds that were destined for Hamas, a report has said. The wallets belonged to businesses that are associated with Al’matchadun currency exchange, which itself is accused of helping to funnel funds to Hamas. Seizure Order...
They Were Jailed for Hacking an Exchange. Blockchain Data Cleared Them
1.3.2022
Ukraine Receives an Answer to Its Request of Banning Russian Crypto Users
1.3.2022
Every possible corner of the world is attempting to block the financial infrastructure of Russia amid its war with Ukraine. One such attempt was recently made by Ukraine, where it requested all the major crypto exchange platforms to ban Russian crypto users. The request was made by the Vice Prime...
FTX to deploy $1B through Future Fund for safer AI, reduced biorisk
1.3.2022
New FTX fund targets projects that are “massively scalable” and could spend millions of dollars productively
SEC to Crypto Companies: There Are Benefits to Self-Reporting Violations and Working With Us
1.3.2022
The U.S. Securities and Exchange Commission (SEC) has revealed that there are benefits for cryptocurrency companies to self-report their violations of securities laws to the regulator. While noting that there will be no amnesty, the SEC enforcement director said, “We’ll view their...
South Korean crypto market grows to $45.9B in 2021 despite strict regulations
1.3.2022
The 24 licensed crypto exchanges registered a collective average daily transaction volume of near $9.4 billion
Alleged Bitfinex Crypto Exchange BTC Launderer Morgan Seeks ‘Plea Deal’
1.3.2022
Half of the husband-and-wife duo that has been charged by American prosecutors with attempting to launder a monster bitcoin (BTC) allegedly raided from the crypto exchange Bitfinex in a 2016 hack is talking to the authorities about a possible “plea deal.”
CNBC reported that a federal prosecutor...
Binance Donates $10 Million to Support Ukrainians, Launches Crowdfunding Initiative
1.3.2022
Binance, the biggest cryptocurrency exchange by trading volume, has announced a series of humanitarian aid actions it will take to support Ukrainians. The exchange stated it will donate a minimum of $10 million to help the Ukrainian people through the Binance Charity Foundation. Binance also...
African Crypto Exchange VALR Raises $50M in Series B Led by Pantera Capital
1.3.2022
Alameda Research and Coinbase Ventures were also investors in the round, which valued the company at $240 million