Search
China’s AML Legal Framework Set to Target Cryptocurrency Transactions in Major Update
1.2.2024
As part of its ongoing efforts to modernize financial regulations, China is revising its Anti-Money Laundering laws to include stringent measures against cryptocurrency-related transactions. This revision, the first since 2007, aims to plug the legal gaps exploited in the burgeoning world...
Best Crypto to Buy Now January 31 – Chainlink, Ronin, Mina
1.2.2024
While blue-chip cryptocurrency markets are pulling lower in wake of a hawkish Fed policy announcement, Flare (FLR), Monero (XMR) and Ronin (RON) are still in the green, making them amongst the best crypto to buy now. Bitcoin (BTC) was last down around 1.6% under $43,000 after Fed Chair Powell...
SEC Moves to Dismiss Lawsuit Against Crypto Company Debt Box, Citing Inaccuracies in Court
31.1.2024
The SEC has decided to abandon its lawsuit against Debt Box, a crypto company previously accused of defrauding investors of millions. This decision follows the SEC’s acknowledgment of presenting misleading information in court, a revelation that undermines the agency’s case...
EU Moves to Ban Bitcoin to Meet Energy Goals – Report
31.1.2024
Source: Pixabay A recent report has indicated that Proof-of-Work (PoW) consensus networks, like Bitcoin, may be banned in the European Union (EU). Daniel Batten, a managing partner at CH4 Capital, shared on his X (formerly Twitter) handle that the European Central Bank (ECB) and European Securities...
Judge Orders Continued Freezing of Colorado Crypto Pastor’s Accounts After $3 Million Crypto Fraud Scheme
31.1.2024
A Colorado pastor and his wife accused of orchestrating a $3 million crypto fraud scheme have been barred from selling crypto in the state and will continue to have their accounts frozen by regulators, a judge presiding over the case ruled this week. Uncovering the $3 Million Crypto Fraud Just over...
Bitcoin Worth $1.7B Seized As Ex-Restaurant Worker Tries To Buy $30M London Mansion with Fraud Money
31.1.2024
Authorities in the United Kingdom have seized Bitcoin valued at over £1.4 billion as a result of a fraud investigation into a former Chinese takeaway worker, Jian Wen, who allegedly attempted to buy a £23.5 million mansion in Hampstead. According to a Sky News report, the police seized over 61,000...
Rich Dad Poor Dad Author Explains Why He Owns Bitcoin Over Stocks
31.1.2024
Robert Kiyosaki – author of the famous personal finance book Rich Dad Poor Dad – has come out with another statement in support of Bitcoin (BTC) as a superior money and investment asset compared to traditional stocks. “Bitcoin is protection against the theft of our wealth via our money,” read...
Jupiter Price Prediction as Solana Airdrop Creates a New Crypto Unicorn – How to Check JUP Eligibility?
31.1.2024
Jupiter (JUP) Price Chart / Source: TradingView Solana-based decentralized exchange (DEX) aggregator Jupiter just launched a massive airdrop of its native Jupiter (JUP) token, with the Jupiter price subsequently storming higher to turn the protocol into crypto’s latest unicorn. A crypto unicorn...
Crypto Market Maker GSR Appoints Former JPMorgan Executive as Head of Trading
31.1.2024
The new hire happens as digital asset markets are maturing and have become increasingly intertwined with traditional finance
Coinbase Exchange Advisory Council Adds Former UK Chancellor to Team
31.1.2024
Source: YouTube/ Channel 4 News The world’s second-largest crypto exchange, Coinbase, announced on January 31 the addition of former UK Chancellor of the Exchequer George Osborne as an advisor to its council. Coinbase’s Chief Policy Officer (CPO), Faryar Shirzad, disclosed this in an official...
China Gears Up for Updated Crypto AML Laws: Report
31.1.2024
China is reportedly planning to enhance surveillance over the burgeoning crypto sector, by amending its anti-money laundering (AML) laws to include crypto transactions. A group of executives, chaired by Prime Minister Li Qiang discussed the ‘revised draft’ of the AML regulations on January 22....
Grayscale’s Bitcoin Trust Sees Reduction Slowdown as New ETFs Gain Ground With Over 160,000 BTC Acquired
31.1.2024
In the most recent update, Grayscale’s Bitcoin Trust (GBTC) experienced a decrease of 4,461.36 bitcoin, valued at approximately $190.53 million, over the past day. Since Jan. 12, 2024, GBTC has observed a cumulative reduction of about 124,967.54 bitcoin, equivalent to an estimated $5.33...
From Speculation to Fundamentals: A New Paradigm for Crypto Markets
31.1.2024
New markets take time to mature and crypto is no different. The next stage will see more attention given to fundamental metrics and better data will drive the change, says Michael Nadeau, founder of The DeFi Report
How the Launch of Spot ETFs Could Dampen Bitcoin’s Volatility
31.1.2024
The approval of a wave of bitcoin exchange-traded funds will lead to a more mature market structure, say Vivek Chauhan and David Lawant, of FalconX
Chris Dixon Talks Techno-Optimism, Permissionless Innovation and the Need for Crypto
31.1.2024
The renowned a16z VC talks to Daniel Kuhn about his new book, “Read Write Own: Building the Next Era of the Internet.”
Web3 Lost $38.9 Million to Bad Actors in First Month of 2024: Quantstamp
31.1.2024
Bad actors have stolen $38.9 million from various Web3 projects in the first month of 2024. According to a recent report from Quantstamp, a decentralized finance (DeFi) security startup, bad actors used different attack vectors to steal funds, including smart contract hacks, key compromises,...
FTX Expects to Fully Repay Customers but Won't Restart Defunct Crypto Exchange
31.1.2024
Its FTT token surged nearly 11% after the news
Ripple Exec Chris Larsen’s XRP Accounts Illicitly Accessed, Crypto Exchanges Freeze Assets
31.1.2024
On Wednesday, Chris Larsen, the co-founder and executive chairman of Ripple, publicly revealed that several of his personal xrp accounts had been illicitly accessed. Larsen explained that the team successfully persuaded crypto exchanges to promptly freeze the affected addresses. $112.5 Million...
Stablecoin Market Cap Climbs $4.85 Billion in 30 Days; USDT, USDC, FDUSD Spearhead Growth
31.1.2024
In the past month, data reveals a significant increase in the combined market capitalization of leading stablecoins, rising from $131.71 billion to $136.56 billion. The top two stablecoins, tether and usd coin, experienced notable expansions in their supplies, with increases of 4.8% and 7.2%...
ELMO Token Is Up 69,458% and Crypto Analysts Say This Lesser Known Crypto is Next
31.1.2024
ELMO token has gained by as much as 70,000% since listing on the Raydium DEX a couple of days ago, with the new Solana-based coin reaching a record high of $0.001251 yesterday. This makes ELMO the latest in a long line of SOL-based meme coins to have stormed the charts in recent months, yet...