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SEC’s FY 2023 Enforcement Actions Yield $5 Billion in Fines from Wall Street and Crypto Giants
15.11.2023
Source: Adobe/Kristina Blokhin The US Securities and Exchange Commission (SEC) has announced that its enforcement actions in fiscal year 2023 resulted in nearly $5 billion in fines and reimbursements to investors. In a Tuesday press release, the agency said it has targeted Wall Street brokerages...
Ripple CEO Brad Garlinghouse Criticizes SEC for Losing Focus on Investor Protection
13.11.2023
Ripple CEO Brad Garlinghouse. Source: a video screenshot, Ripple / YouTube Brad Garlinghouse, CEO of the US-based blockchain payments firm Ripple, has expressed strong criticism of the US Securities and Exchange Commission (SEC), accusing the agency of deviating from its core mission to protect...
Expobank Issues First Tokenized Diamond Offering in Russia
8.11.2023
Expobank, a large financial institution in Russia, has reportedly issued the first tokenized diamond offering in the country. According to local media, Expobank used the Multichain blockchain platform to issue these tokens, with each one of them having the value of 1/5,000 of a diamond...
Germany’s Third-Largest Bank Unveils Blockchain-Based Digital Custody Platform for Institutional Investors
6.11.2023
DZ Bank, one of Germany’s leading financial institutions with assets totaling 300 billion euros, has launched its own blockchain-powered custody platform. According to an announcement by the bank, the platform is specifically designed to cater to institutional clients, enabling them to engage...
Modulus Labs Completes $6.3 Million Funding to Integrate Cryptographic Security Into AI
2.11.2023
Artificial Intelligence (AI) startup Modulus Labs, a project that integrates AI and crypto, has raised $6.3 million in seed funding. The project announced the launch of its formal debut on Wednesday, following the funding round, led by key crypto investors. The platform is backed by crypto venture...
Coinbase Rolls Out Bitcoin and ETH Futures for US Investors
1.11.2023
Popular cryptocurrency exchange Coinbase has announced the launch of its native Bitcoin and Ethereum futures contracts for US retail traders. In a November 1 blog post, the US-based Bitcoin trading hub stated that the service is being rolled out via the Coinbase Advanced platform. Now, retail...
Is ApeCoin Going to Zero? APE Price Falls 6% as New Rising Meme Coin Seals $600,000 From Global Investors
20.10.2023
ApeCoin (APE) has fallen -6% in the latest rejection move from the 20DMA, but as price finds lower support - will APE bounce back? Or is ApeCoin going to zero?
The battle for the 20DMA continues, amid a resurgence in Bored Ape Yacht Club floor price, which seems to be finding support at 26 ETH....
Bitcoin Amsterdam: BTC shines in depths of crypto bear market
17.10.2023
Prominent Bitcoin developers and market analysts highlight BTC’s relative performance to the broader cryptocurrency markets at Bitcoin Amsterdam
Grayscale’s Bitcoin Trust Discount to NAV Narrows Sharply to a 16.59% Gap
13.10.2023
Grayscale’s Bitcoin Trust, known as GBTC, has witnessed a significant shift in its market dynamics. In January 2023, GBTC traded at a significant 48.31% discount to its net asset value (NAV). Today, that gap has narrowed to 16.59%, indicating changes in market sentiment and presenting...
Coinshares Unveils New Crypto Hedge Fund Division, Widens Institutional Services to US
23.9.2023
Coinshares, a European digital asset manager, is moving into the U.S. with a new hedge fund division aimed at institutional investors. The firm, based in Saint Helier, Jersey, intends to offer comprehensive services for institutions exploring crypto assets. Coinshares Expands to U.S. With New Hedge...
Is It Too Late to Buy eCash? XEC Price Becomes Best Performer and AI Web3 Utility Coin Secures $1.7 Million From Global Investors
19.9.2023
Leading digital money project eCash (XEC) has exploded +18% over the last 48-hours, as excitement for On-Chain staking upgrade grows amongst the eCash army - but is it too late to buy eCash?
The impressive pump comes amid a flurry of activity for eCash, which has seen on-chain trading volumes...
Blockchain Data Visualization Startup Bubblemaps Secures $3.2M in Seed Funding
19.9.2023
Paris-based Bubblemaps, a firm specializing in blockchain data visualization, announced on Monday that it had secured $3.2 million in seed funding from a group of investors. Bubblemaps stated that the newly acquired funds would be directed toward a mission to increase access to blockchain data...
Crypto News: Now More Popular Than Ethereum – This Altcoin Has Become the Favorite Among Big Investors
11.9.2023
While Ethereum (ETH) is struggling to stay above $1,600, investors are currently setting their sights mainly on its competitors. According to blockchain researchers, Solana (SOL) was attracting a lot of attention in the past week prior to its current downward course that coincides with a tough week...
Nigerian Web3 Startup Nestcoin Secures $1.9 million in Funding
11.9.2023
The Nigerian Web3 startup Nestcoin has reportedly secured a total of $1.9 million in funding from both existing and new investors. The capital raised will be used to bolster Nestcoin’s finances and further develop the startup’s non-custodial wallet. Impact of FTX’s Collapse...
Government Websites Hacked by MetaMask Scammers to Target Crypto Investors
7.9.2023
Multiple government-owned websites are being leveraged by crypto scammers to con visitors with fake redirection links related to the popular crypto wallet, MetaMask....
Read More: Government Websites Hacked by MetaMask Scammers to Target Crypto Investors
Israeli Cyber Crime Unit Ceases Crypto Scam That Wiped Out Millions From Investors
6.9.2023
Israel’s Police National Cyber Crime Unit reportedly conducted a massive investigation into a local company, uncovering a crypto scam where hackers stole millions using malicious software.
The company is set to have developed a malicious “sting software” that involved organized crime groups both...
Green Bitcoin Mining: Nodal Power Secures $13M for Landfill Gas Conversion
30.8.2023
Utah-based Nodal Power, which specializes in turning landfill gas into energy for powering bitcoin (BTC) mining hubs, recently announced a successful $13 million seed round backed by strategic investors. Bryan Black, Nodal’s CEO, stressed the technology’s “potential to make...
“Opportunistic and Baseless” - Yuga Labs and Sotheby’s Respond To Amended Lawsuit From Bored Ape Investors
17.8.2023
Auction House Sotheby’s has responded to the new allegations leveled against it by Bored Ape investors describing it as opportunistic and simply without merit.
The statement comes as the auction house was named in the class action suit against YugaLabs the creators of Bored Ape Yacht Club...
Binance Obtains Dubai License to Provide Crypto Exchange Services
2.8.2023
The world’s largest cryptocurrency exchange, Binance, has received a license to operate in Dubai as a regulated platform. The authorization will allow the crypto giant to offer exchange and other services for virtual assets to institutional and qualified retail investors. Dubai Virtual Assets...
UK Court Slaps Telecoin Crypto Scam Masterminds With 6-Year Jail Terms
31.7.2023
Two masterminds of the Telecoin cryptocurrency scam will each serve more than six years in jail after a court in the United Kingdom found them guilty of fraud. According to Lee Parish, the detective chief inspector, the duo used the allure of crypto investment to dupe prospective investors....