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FSC Plans New Digital Asset Regulations Draft for Taiwan in September 2024
4.3.2024
The Financial Supervisory Commission (FSC) of Taiwan has announced its intention to propose a new draft of digital asset regulations for the country in September 2024.
The post FSC Plans New Digital Asset Regulations Draft for Taiwan in September 2024 appeared first on Cryptonews
Why Is Crypto Up Today?
4.3.2024
The crypto market capitalization is up 4% over the past 24 hours. At the time of writing, it stands at $2.544 trillion, according to CoinGecko. Most of the top 100 coins by market capitalization have appreciated in the past day. At the same time, all top ten coins are green, according to CoinGecko....
Hong Kong’s SFC Issues Warning on BitForex Amid Crypto Scam Allegations
4.3.2024
On March 4, Hong Kong's financial watchdog, the Securities and Futures Commission (SFC), issued a public notice about the cryptocurrency exchange BitForex over alleged fraudulent dealings. BitForex, although based in Hong Kong, does not possess the license required by the country's regulatory...
Nigeria’s Financial Watchdog Summons Binance CEO Over Crime Concerns
4.3.2024
New Binance CEO Richard Teng must appear before Nigeria’s House of Representatives Committee on Financial Crimes to answer questions about his company’s lax KYC and AML policies, which may have played a part in terrorism financing and money laundering. Committee Chairman Ginger Onwusibe...
Physics Professor Claims “Power Law” Model Shows Bitcoin Will Reach $10 Million by 2045
4.3.2024
In a video published on X on March 2, Santostasi told mathematician and Bitcoin investor Fred Krueger that his power law model is a more understandable and predictable model of Bitcoin price over a long period of time.
The post Physics Professor Claims “Power Law” Model Shows Bitcoin Will Reach...
US Court Rules Crypto Trades on Secondary Markets as Securities Transactions
4.3.2024
In a pivotal insider trading case, a U.S. court has ruled that trading of crypto assets on secondary markets like Coinbase constitutes securities transactions, setting a new legal precedent.
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Utility demand burned over $1.12 million FLOKI tokens in a week
4.3.2024
The ecosystem of Floki has recently demonstrated remarkable technological utility and demand, as evidenced by the burning of 7,369,216,304 $FLOKI tokens for approximately $1,120,120.88. A week-long token burning of this magnitude demonstrates that Floki is committed to developing a deflationary...
Bitcoin NFTs Eclipse Ethereum with $168.5 Million in Weekly Sales
4.3.2024
Bitcoin (BTC) non-fungible token (NFT) sales have outshined Ethereum (ETH) in the past seven days, driven by a sudden surge in Bitcoin Ordinals-based NFT collections.
The post Bitcoin NFTs Eclipse Ethereum with $168.5 Million in Weekly Sales appeared first on Cryptonews
Hong Kong SFC Warns of Websites Impersonating Regulated Crypto Exchanges
4.3.2024
The Hong Kong Securities and Futures Commission (SFC) issued a public warning today, urging investors to be cautious of suspicious websites impersonating legitimate virtual asset trading platforms.
The post Hong Kong SFC Warns of Websites Impersonating Regulated Crypto Exchanges appeared first...
Alfa-bank: Russian Financial Behemoth Launches Digital Asset Offerings
4.3.2024
Alfa-bank, one of Russia’s biggest financial institutions, has created a “digital financial asset” (DFA) backed by gold, stocks, and cash.
The post Alfa-bank: Russian Financial Behemoth Launches Digital Asset Offerings appeared first on Cryptonews
AfreecaTV BJ Falls Victim to South Korean Crypto Scammer
4.3.2024
AfreecaTV BJ (broadcast jockeys) stars have become the latest targets of increasingly sophisticated South Korean crypto scammers.
The post AfreecaTV BJ Falls Victim to South Korean Crypto Scammer appeared first on Cryptonews
Bank for International Settlements Releases Executive Summary of Global Stablecoin Recommendations
1.3.2024
The Bank of International Settlements (BIS) has released its recommendations for the regulation, supervision, and oversight of global stablecoin arrangements, according to an executive summary published on February 29.
The post Bank for International Settlements Releases Executive Summary of Global...
Worldcoin Price Dips as Elon Musk Sues OpenAI and Sam Altman
1.3.2024
The price of Worldcoin's WLD token has dipped following news of Elon Musk's lawsuit against OpenAI and its CEO, Sam Altman. Elon Musk, the visionary entrepreneur behind SpaceX and Tesla, filed a lawsuit against OpenAI and its CEO, alleging a breach of their nonprofit agreement.
The post Worldcoin...
Trader Loses $70,000 In Seconds to Binance Hack, Details “Strange” Experience
1.3.2024
In an X post published on February 29, a trader going by the username “DoomXBT” posted a thread sharing his “strange” experience of getting hacked on Binance.
The post Trader Loses $70,000 In Seconds to Binance Hack, Details “Strange” Experience appeared first on Cryptonews
House Financial Services Committee Votes In Favor of Resolution to Overturn SEC’s SAB 121
1.3.2024
The House Financial Services Committee voted on Thursday to proceed with a resolution that would “reverse” the United States Securities and Exchange Commission’s (SEC) controversial digital asset accounting bulletin, SAB 121, which critics claim has "serious ramifications" for the banking...
Ordinals Trader Recovers Bitcoin After Fat-Fingered NFT Purchase
1.3.2024
A cryptocurrency trader shared a riveting tale on social media, recounting the accidental purchase of a non-fungible token (NFT) at 1,000% above its listing price. The trader, whose X username is PrincePablos, paid 0.21 BTC (about $12,877) for a Bitcoin Ordinals NFT listed at 0.021 BTC (about...
Unveiling the Dark Web: How Privacy Coins Fuel the Trade of Criminal Material Online
1.3.2024
Privacy coins are fuelling the proliferation of child sexual abuse material (CSAM), according to Chainalysis’s 2024 Crypto Crime Report. The report highlights crypto’s growing role as legal tender among dark web vendors of CSAM. Like other things listed on the dark web, CSAM is often...
Brock Pierce, Co-Founder of Tether, EOS, Blockchain Capital, on Tokenizing Real Estate, 2024 Crypto Markets, and Bitcoin | Ep. 313
1.3.2024
In an exclusive interview, Brock Pierce discusses the current bullish situation in the crypto market, the US returning to the crypto scene as a participant following the spot Bitcoin ETF approvals, democratizing real estate investments through tokenization, and projects avoiding the ‘securities’...
Arbitrum and Robinhood Partnership Ushers in New Era for Decentralized Finance Swaps
1.3.2024
Ethereum scaling solution Arbitrum has partnered up with trading app giant Robinhood to announce a new token swap integration in Robinhood’s self-custody wallet. The companies made the joint announcement yesterday at the ETHDenver conference. The new integration lets Robinhood Wallet users...
Nokia Aims for Metaverse Expansion in 2030 Strategy
1.3.2024
Nokia is gearing up for a surge in network demand driven by anticipated advances in the metaverse, Web3, and artificial intelligence (AI) by the year 2030.
The post Nokia Aims for Metaverse Expansion in 2030 Strategy appeared first on Cryptonews