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Coinbase to Pay $100M to Settle New York Regulators' Anti-Money Laundering Complaints
5.1.2023
The US crypto exchange Coinbase has agreed to shell out a total of $100m to settle a complaint relating to “certain historical shortcomings” in its regulatory compliance work.
The massive amount Coinbase is expected to pay is made up of a $50m penalty to the regulator, as well as another $50m...
Crypto Brokerage Genesis Global Trading Asks for More Time to Resolve Lending Issues – What is Going On?
5.1.2023
Derar Islim, the interim CEO of crypto brokerage Genesis Global Trading, has told clients that they need more time to resolve the financial crisis plaguing its lending business.
In a statement on Wednesday, Islim claimed that they will be able to sort out the current tough financial position...
‘Brazilian Nostradamus’ Predicts Messy End for Crypto
5.1.2023
A South American psychic known as the “Brazilian Nostradamus” has forecasted a catastrophic end for the world of crypto, claiming that governments around the world will come gunning for bitcoin (BTC) and the like.
Per the Brazilian media outlet Livecoins, the predictions were made by Athos Salomé...
Indonesia to Launch Crypto Exchange This Year as Regulatory Powers Shift to Financial Services Authority
5.1.2023
Indonesia plans to launch its crypto exchange in 2023 amid a financial sector reform that will see a shift in regulatory powers over digital assets to the Financial Services Authority.
Didid Noordiatmoko, head of the Commodity Futures Trading Regulatory Agency of Indonesia (Bappebti), said...
SEC Pursues $45M Scam Based in Fake Blockchain Technology
5.1.2023
The U.S. Securities and Exchange Commission (SEC) accused alleged fraudster Neil Chandran and several others for orchestrating a scheme to get cash from tens of thousands of investors globally on the false promise that they were securing a lucrative deal to sell blockchain technology
Bonk token goes bonkers as traders chase after high yields in the Solana ecosystem
4.1.2023
Traders are piling into BONK, boosting its price by triple-digits in the last 24-hours and possibly hinting at a trend reversal in Solana price
Today in Crypto: Indonesia to Launch Crypto Exchange, India's Exchanges Lost 81% of Trading Volume, UK’s National Crime Agency Forming a 'Crypto Cell'
4.1.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Indonesia to Launch Crypto Exchange, India's Exchanges Lost 81% of Trading Volume, UK’s National Crime...
End User Scams and Phishing Attacks in Web3: Are They Being Underreported?
4.1.2023
According to Christian Seifert, an expert in cybersecurity, end users in the cryptocurrency space are facing numerous attacks that often go unreported. In order for widespread adoption to occur, it is necessary to address the security concerns of Web3 technologies and increase the trust of...
Sam Bankman-Fried Pleads Not Guilty to Criminal Charges in ‘Epic’ FTX Cryptocurrency Exchange Fraud – This is All You Need to Know
4.1.2023
FTX founder Sam Bankman-Fried pleaded not guilty in a New York court on Tuesday, where the judge scheduled the trial against the former crypto mogul to begin in the fall.
US District Judge Lewis Kaplan decided during Tuesday’s hearing that Bankman-Fried’s trial will begin on October 2 this year....
Ukrainian Investigators Raid Illegal $4m Crypto Exchange
4.1.2023
Ukraine’s new economic intelligence unit has unearthed a “cryptocurrency conversion center” – an illegal crypto exchange – with a “turnover of hundreds of millions of hryvnias.”
The Bureau of Economic Security of Ukraine (BEB), per a report from LB.ua, claimed that its officers had “exposed...
The ‘Quantum Miami’ conference turns the heat up on crypto winter from January 25-27th, during Miami Blockchain Week
4.1.2023
Quantum Miami 2023 sets the global cryptocurrency center stage as thousands of crypto industry trailblazers, Web3 leaders, high net worth investors, global media, and blockchain technologists converge together in Miami at the James L. Knight Center from January 25th – 27th, 2023. Building...
India's Crypto Space Has Been "Crippled" Under Crypto Tax Laws: Report
4.1.2023
India's crypto industry has been "crippled" under the country's controversial tax laws in 2022.
According to a new report by Esya Centre, a Delhi-based technology policy think tank, Indian crypto investors have moved over $3.852 billion (INR 32,000 crore) worth of digital assets from local...
Nigerian Crypto Exchange Roqqu Gets European Union Virtual Currency License
4.1.2023
The Nigerian crypto exchange Roqqu recently announced that it obtained a virtual currency license that allows it to offer its services in 28 European countries. According to Israel Ololade, the head of product at Roqqu, the European Union license “aligns with the brand’s drive to become...
South Korean Prosecutors Fail in Bid to Jail Ex Bithumb Boss
4.1.2023
South Korean prosecutors have been thwarted in their efforts to send the former head of the crypto exchange Bithumb to prison for eight years.
Per TVChosun, a branch of the Seoul Central District Court acquitted Lee Jung-hoon on fraud charges. Lee had been accused of wrongdoing in a case dating...
World Economic Forum Believes Crypto Will Remain Key Technology
4.1.2023
The World Economic Forum (WEF) has reviewed what happened in 2022 in crypto, making several predictions about the future of the ecosystem. Dante Disparte, CSO of Circle, in an article published for the WEF, states that while 2022 has been a terrible year, the building blocks of the industry will...
Square Enix to Deepen Its Blockchain Efforts in 2023
4.1.2023
Square Enix, the Japanese gaming giant, is preparing to announce more blockchain-based titles in 2023. As part of a now traditional new year’s letter issued by Yosuke Matsuda, CEO of the company, the executive announced some of the moves Square Enix will make regarding blockchain tech,...
Final Fantasy Parent Square Enix Is Bullish on Blockchain Gaming in 2023
4.1.2023
The Tokyo-based video game giant is already developing multiple blockchain games, highlighting an area of growth amid a brutal crypto winter
Cryptosat launches second 'cryptographically-equipped' satellite using SpaceX rocket
3.1.2023
The addition to the satellite constellation was part of efforts to make space a “new battleground in the quest for bulletproof cryptography” by expanding computational power
14th Anniversary of Bitcoin’s Genesis Block: A Look Back at the Birth of Cryptocurrency
3.1.2023
14 years ago on Jan. 3, 2009, Satoshi Nakamoto launched the Bitcoin network and block zero at approximately 1:15 p.m. (ET) on a Saturday afternoon. Satoshi’s technology allows “online payments to be sent directly from one party to another without going through a financial...
Italy Introduces Capital Tax on Cryptocurrency Gains - Will Other Countries Follow Suit?
3.1.2023
Italy’s parliament has approved a proposal for a 26% tax on crypto gains above 2,000 euros ($2,110).
In addition to bringing a hefty tax on crypto gains, the new law also introduces incentives for taxpayers to report their crypto. Under the law, crypto owners are entitled to an amnesty...