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UK’s finance watchdog defends ‘too tough’ on crypto stance
22.10.2024
The FCA has defended its rigorous crypto regulations, countering claims that its high standards stifle innovation and hinder the UK’s global financial leadership
As Japan Election Looms, Political Parties Emphasize Need to Reform Crypto Tax Regulations
22.10.2024
Japan’s Democratic Party for the People is trying to attract crypto-conscious voters with tax system reforms. But it’s not alone
Northern Data Considers Selling Crypto Mining Unit to Fund AI Venture
22.10.2024
Northern Data, a German data center company, is considering selling its crypto mining arm, Peak Mining Frankfurt, to focus on its growing AI business. This move comes as crypto miners continue to struggle with reduced Bitcoin rewards. If the sale goes through, Northern Data plans to use...
Binance, Crypto.com lose ground to rivals, DEX’s on the rise: Report
22.10.2024
Binance’s falling market share could present a significant opportunity for smaller rivals like Bybit and OKX
Daily Crypto Update: Market Enters Correction; Traders Remain Greedy
22.10.2024
The crypto market has entered a correction phase, with top coins losing value. Bitcoin has lost its position…
Cryptocurrency Transactions’ Volumes Spike Nearly 25% in Brazil
22.10.2024
The volume of cryptocurrency transactions in Brazil has yet again registered record numbers. According to figures offered by the Brazilian IRS equivalent, volumes grew 24.2% compared to last year, reaching over $43.5 billion between January and September 2024. Stablecoin volumes were significant...
Crypto On/Off Ramp Discloses Breach, Says 1.14% of Users Affected
22.10.2024
Transak, a cryptocurrency on/off-ramp service, confirmed on Oct. 21 that experienced a data breach affecting 1.14% of its users. A ransomware group claimed to have obtained sensitive data but Transak confirmed only limited information was accessed. The company said it is taking steps to address...
Indonesia Extends Crypto Trading License Deadline for More Market Participation
22.10.2024
Indonesia’s Commodity Futures Trading Regulatory Agency (Indonesian term ’BAPPEBTI’) has announced an extension of the deadline for cryptocurrency…
Misspelling Soneium on Google could drain your crypto wallet: Scam Sniffer
22.10.2024
Web3 security firm Scam Sniffer says a malicious crypto-draining link can appear for some Google users when they search for Sony’s new blockchain
Indonesia Extends Deadline for Crypto Exchange License Requirements Following Regulatory Updates
22.10.2024
Exchanges will now have until the last week of November to meet new requirements
‘Being this wrong should be illegal’ — Crypto pundits slam Fed’s Kashkari
22.10.2024
Minneapolis Federal Reserve President Neel Kashkari said crypto is “almost never” used outside of drugs and criminal activity — but evidence points to the contrary
Crypto ETFs Unlikely to Go beyond BTC, ETH Under Kamala Harris: ETF Experts
22.10.2024
Exchange-traded funds (ETF) experts believe that under Kamala Harris, except for crypto ETFs including Bitcoin (BTC) and Ether…
Industry Stakeholders Cautious as Argentina Drafts New Crypto Regulations
22.10.2024
Cryptocurrency industry members in Argentina expressed their opinions regarding a new draft that proposes restrictions on the operation of crypto institutions in the country. If the draft is approved, each institution will register with a minimum capital amount to operate on Argentine soil....
CFTC chair says agency is ‘handcuffed’ as crypto regulations stall: Report
22.10.2024
CFTC Chair Rostin Behnam hopes a new Congress and president can accelerate crypto regulations.
Ex-CEO of Mine Digital stole $1.5M from a Bitcoiner, says regulator
22.10.2024
The dodgy transaction happened just two months before the firm went bust in September 2022, says the Australian financial regulator.
Ripple CEO Brad Garlinghouse: US Voters Care About Crypto, XRP
22.10.2024
Ripple CEO Brad Garlinghouse recently shared his views on elections and voters’ expectations as he pointed out that…
Tesla CEO Elon Musk Highlights XRP and Crypto Potential Amid Regulatory Heat
22.10.2024
Tesla and Spacex CEO Elon Musk addressed XRP and cryptocurrency during a town hall in Pittsburgh, acknowledging crypto’s potential amid regulatory scrutiny. Musk emphasized that cryptocurrency plays a crucial role in promoting individual freedom and countering centralized control....
Bitcoiners slam Saylor for throwing weight behind ‘too big to fail’ banks
22.10.2024
Bitcoin bull Michael Saylor previously said without Bitcoin self-custody, custodians would accumulate too much power which they could then abuse
2 Outcomes: Ripple’s Legal Chief Reveals Best SEC Can Hope for in XRP Appeal
22.10.2024
Ripple’s chief legal officer has highlighted two potential outcomes for the U.S. Securities and Exchange Commission (SEC)’s appeal in the Ripple lawsuit over XRP. He explained the SEC’s best-case scenario and noted that Ripple’s Fair Notice defense remains solid....
Russian Crypto Miner, Sovereign Fund Aim for Global AI Leadership
21.10.2024
Bitriver, a Russian data mining company, has partnered with the Russian Direct Investment Fund (RDIF) to expand data center infrastructure and AI projects across BRICS countries. The goal is to boost Russia’s presence in AI and cryptocurrency mining. Both entities plan to build data centers...