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India’s Central Bank Working To Boost Retail CBDC Volume Through Offline Capability
7.5.2024
The Reserve Bank of India is reportedly working to expand the use of its Central Bank Digital Currency by actively developing an offline transfer capability.
The post India’s Central Bank Working To Boost Retail CBDC Volume Through Offline Capability appeared first on Cryptonews
SEC Delays Decision on Invesco Galaxy Spot Ethereum ETF
7.5.2024
The Securities and Exchange Commission (SEC) has announced a delay in its decision regarding the Invesco Galaxy spot Ethereum exchange-traded fund (ETF).
The post SEC Delays Decision on Invesco Galaxy Spot Ethereum ETF appeared first on Cryptonews
US Spot Bitcoin ETFs See $217M Net Inflows as GBTC Posts Second Consecutive Day
7.5.2024
US spot Bitcoin ETFs saw a net inflow of $217 million on May 6th as Grayscale's GBTC recorded a second consecutive positive day after seeing outflows for 78 days.
The post US Spot Bitcoin ETFs See $217M Net Inflows as GBTC Posts Second Consecutive Day appeared first on Cryptonews
Australia Tax Office Sets Sights On Crypto Exchanges’ Client Data, Bank Details
7.5.2024
The Australian Tax Office is demanding annual transaction details from crypto exchanges in a move to tackle potential tax evasion. This crackdown aims to ensure investors correctly report their crypto gains and pay any capital gains taxes owed.
The post Australia Tax Office Sets Sights On Crypto...
CFTC Chairman Says Expect Regulators to Crack Down on More Crypto Firms
7.5.2024
The Commodity Futures Trading Commission chairman Rostin Behnam said cryptocurrency firms can expect to see more enforcement action from U.S. regulators in the next 6 to 24 months as retail interest in the asset class increases.
The post CFTC Chairman Says Expect Regulators to Crack Down on More...
Lbank Now The 2nd Crypto Exchange To Confirm It Will List New Bitcoin Rival, Mollars Token
7.5.2024
The new Bitcoin rival, Mollars (MOLLARS), continues to gain ground before its official listing on public crypto exchanges. A second crypto exchange, “LBank,” announced Monday that it will list the new store-of-value crypto asset after the token presale closes.
The post Lbank Now The 2nd Crypto...
4.85m French Crypto Holders ‘Fail to Declare Their Holdings’ as Gov’t ‘Takes Aim’ at Offenders
7.5.2024
Only a small fraction of French crypto holders have declared their coins to the state, a report claimed – with the government set to take action.
The post 4.85m French Crypto Holders ‘Fail to Declare Their Holdings’ as Gov’t ‘Takes Aim’ at Offenders appeared first on Cryptonews
Here’s How Bitcoin Miners Performed Last Month After The Halving
7.5.2024
Bitcoin miners are down but not out after the halving, netting significant revenue from transaction fees last month.
The post Here’s How Bitcoin Miners Performed Last Month After The Halving appeared first on Cryptonews
South Korea’s Bithumb May Re-appoint CEO as Exchange Edges Toward IPO
7.5.2024
South Korea’s Bithumb crypto exchange may re-appoint its CEO Lee Jae-won, as the trading platform seeks to complete its planned initial public offering (IPO).
The post South Korea’s Bithumb May Re-appoint CEO as Exchange Edges Toward IPO 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
Is Floki Going to Zero? FLOKI Price Drops 0.8%, Investors Stack This New GambleFi Token
6.5.2024
The Floki Inu (FLOKI) price is under pressure on Monday as weekend optimism in the crypto market succumbs to caution, with investors instead staking an exciting new GambleFi token called Mega Dice (DICE).
The post Is Floki Going to Zero? FLOKI Price Drops 0.8%, Investors Stack This New GambleFi...
Best Crypto to Buy Today May 6 – Ethena, Jupiter, Solana
6.5.2024
With major cryptocurrencies choppy on Monday as traders assess the durability of the recent strong rebound from last week’s multi-week/month lows, traders are scouring the altcoin markets for the best crypto to buy today for fast gains.
The post Best Crypto to Buy Today May 6 – Ethena, Jupiter...
Helium Price Prediction as HNT Price Falls Under $5.50 – Can HNT Reach $10?
6.5.2024
The Helium (HNT) price is pulling lower after reaching above $5.50 earlier in the session, with some asking whether the cryptocurrency might soon push higher back towards $10.
The post Helium Price Prediction as HNT Price Falls Under $5.50 – Can HNT Reach $10? appeared first on Cryptonews
Cartier Jewelry Heir Busted for Laundering Money with Crypto
6.5.2024
An heir to the Cartier empire was arrested last week by the US Justice Department (DoJ). He was accused of utilising Tether's USDT stablecoin to launder the proceeds of drug trafficking. The charges indicate a unique convergence of powerful individuals and cryptocurrency-related criminal...
Unearthed Government Report Found SEC Lacking “Effective” Cybersecurity Programs Two Weeks Before X Hack: Fox
6.5.2024
The United States Securities and Exchange Commission (SEC) received a report from the Office of Inspector General (OIG) alleging that its cybersecurity program was lacking just two weeks before the commission was hacked on January 9, Fox Business reporter Eleanor Terrett has learned. News of...
Bitcoin Wallet Comes Alive After Over a Decade of Inactivity
6.5.2024
After ten years of inactivity, a Bitcoin wallet has returned to operation, moved 687.33 BTC to private wallet addresses on May 6, sparking speculation about a selloff among bitcoin enthusiasts.
The post Bitcoin Wallet Comes Alive After Over a Decade of Inactivity appeared first on Cryptonews
Robinhood Hit With Wells Notice By SEC
6.5.2024
Robinhood found itself in hot water with the United States Securities and Exchange Commission (SEC) this weekend after the digital asset trading platform reportedly received a Wells Notice from the federal agency amidst its crackdown on crypto, a new court filing alleges.
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FRIEND Is Down 6.3%, But Experts Say New Dog-Themed Crypto ICO Can Offer 1,763% Returns
6.5.2024
The crypto token for exclusive new decentralized social media platform Friend.tech has taken a sudden hit of 4.3% in the last hour as various other leading cryptocurrencies also begin posting red candles.
The post FRIEND Is Down 6.3%, But Experts Say New Dog-Themed Crypto ICO Can Offer 1,763%...
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