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The Kingdom of Bhutan’s Business Division Explores Crypto Ventures With Bitdeer Partnership
22.5.2023
A recent report reveals that Druk Holding & Investments (DHI), the business division of Bhutan’s Royal Government, is exploring crypto initiatives to enhance its portfolio expansion. DHI recently teamed up with Singapore-based crypto company Bitdeer to “jointly develop green...
Pakistan to Ban Online Services Related to Cryptocurrencies
18.5.2023
Authorities in Pakistan intend to prohibit all internet-based crypto services despite significant digital-asset investments made by Pakistanis. The decision comes as government officials in Islamabad take a strong stance against the legalization of cryptocurrencies like bitcoin. Crypto ‘Will Never...
Supposed AI-Based Crypto Token Using Musk's Image Targeted by Texas Securities Board
4.5.2023
Five U.S. states are ordering TruthGPT Coin promoters to stop using images of Elon Musk, CZ and Vitalik Buterin to promote what they describe as an investment scam
Crypto Exchange Bitrue Suffers $23 Million Hack
14.4.2023
Singapore-based crypto exchange Bitrue has lost millions of U.S. dollars’ worth of ether and other coins in a hack. The trading platform suspended withdrawals until early next week to conduct additional security checks and promised to compensate the affected users. Bitrue Exchange Loses...
Despite Using Euro, Montenegro to Develop Own Digital Currency With Ripple
13.4.2023
Montenegro intends to create and issue its own digital currency with help from U.S.-based crypto company Ripple. The Southeast European nation, which adopted the euro unilaterally, is moving to realize the plan despite the eurozone developing a digital version of the common currency. Monetary...
BingX Introduces a New Trading Category Within the Market Segment in Preparation for Shanghai Ethereum Upgrade 2023
11.4.2023
PRESS RELEASE. BingX, the Singapore-based crypto exchange, is pleased to announce the launch of a new category to optimise its trading system for the Shanghai Ethereum upgrade. This move is aimed at helping traders looking to make a profit during the Ethereum upgrade that is expected to arrive...
Unwinding the hyperbole: Are US-based crypto firms really being ‘choked’?
3.4.2023
Are U.S. agencies conspiring to “un-bank” crypto and put Binance out of business?
Solana-Based Crypto Exchange Raydium Proposes $2M Bug Bounty Fund
30.3.2023
Raydium, Solana's second-biggest decentralized exchange, envisons a bug bounty program to clean up its market maker smart contracts
Major Cryptocurrency ATM Manufacturer General Bytes Hacked, Over $1.5M in Bitcoin Stolen
19.3.2023
General Bytes experienced a security incident on March 17 and 18 that enabled a hacker to remotely access the master service interface and send funds from hot wallets, according to the company and sources. The breach forced a majority of U.S.-based crypto automated teller machine (ATM) operators...
New York Attorney General Files Lawsuit Against Kucoin and Declares Ethereum a Security
9.3.2023
On March 9, 2023, New York attorney general Letitia James announced that her office had once again cracked down on crypto platforms by filing a lawsuit against the Seychelles-based crypto exchange Kucoin. Members of the Office of the Attorney General (OAG) were able to purchase crypto assets...
Sharp Rise in Dating App-based Crypto Mining Scams in South Korea
23.2.2023
There has been a rise in scams that use dating apps to lure victims onto bogus crypto mining platforms, a South Korean security provider has claimed.
Per EDaily, the claims were made by the regulation technology developer and security provider Uppsala Security. The firm said that scammers are...
Binance US Refutes Reports Comparing It to Fraudulent Crypto Exchanges
20.2.2023
Binance US has refuted reports that draw parallels between it and “fraudulent exchanges that have gone bankrupt.” The U.S.-based crypto trading platform stressed that “only Binance.US employees” have access to its bank accounts, denying the allegation that global crypto...
Nigerian Crypto Payment Gateway Fluidcoins Acquired by Seychelles-Based Crypto Exchange
18.2.2023
The Nigerian crypto payment gateway Fluidcoins was recently bought for an undisclosed sum by Blockfinex, in a deal which the former’s CEO Lanre Adenowo described as an “acquihire deal.” Blockfinex reportedly said it will leverage the acquisition to launch its own platform known...
California regulator launches complaint-based crypto scam tracker
17.2.2023
The regulator said it receives thousands of consumer and investor complaints about possible crypto scams each year, and it appears it's done something with the information
Coinbase Argues Its Staking Services Are Not Securities, Criticizes SEC Regulatory Approach
13.2.2023
Coinbase, one of the biggest cryptocurrency exchanges in the U.S., has stated that the staking services offered on its platform do not constitute securities. The statements, made in the wake of the $30 million settlement that Kraken, another U.S.-based crypto exchange, completed with the U.S....
Bitcoin, Ethereum Technical Analysis: BTC Below $16,000 Amid Increased Market Volatility
21.11.2022
Bitcoin slipped below $16,000 on Nov. 21, as markets continued to react to the news that the FTX contagion had impacted yet another firm. Hong Kong-based crypto ATM firm Genesis Block halted its operations, as it looks to stabilize its liquidity pool. Ethereum was also lower, as prices remained...
Singapore-Based Crypto Exchange Bitget Opens Operations in Brazil
16.11.2022
The company has integrated with the government’s payment system Pix and begun allowing crypto purchases with Brazilian reals
Huobi Becomes Latest Crypto Exchange to Disclose Proof-of-Reserves
15.11.2022
Huobi, the Seychelles-based crypto exchange, recently became the latest digital asset exchange platform to reveal the number as well as the value of its digital assets held in reserves. Huobi has said disclosing the assets held in reserves helps to boost users’ confidence in the exchange...
Latam Based Crypto Exchange Bitso Launches QR Payment Service for Tourists in Argentina
12.11.2022
Bitso, one of the largest cryptocurrency exchanges in Latam, has launched a QR payments program geared towards travelers in Argentina. The service proposal seeks to ease the way in which travelers and tourists make payments in the country, using Bitso’s interoperable QR payment technology...
S Korean Police Shut Down $472,000 Group Chat-based Crypto Fraudsters
1.11.2022
South Korean police say they have arrested the ringleaders of a $472,000 crypto fraud gang that made use of the group chat function on a social media app to lure in unsuspecting victims.
MBN Money reported that the Incheon Metropolitan Police Agency explained that it had arrested three men...