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Bitcoin ETFs Record Another Day of Losses; Ethereum ETFs Stay Neutral
10.10.2024
On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) faced another tough day, with the 12 funds seeing outflows totaling $30.59 million. In contrast, their spot ethereum ETF counterparts had an uneventful day, with all nine funds neither gaining nor losing value. Wednesday’s Spot...
1win Token Reaches 24 Million Users: The Reasons Behind Its Rapid Growth
10.10.2024
The 1win Token, a fast-growing digital currency, has recently surpassed a remarkable milestone of 24 million users. This rapid growth reflects its solid foundation in the iGaming industry and the wide range of utilities it offers, making it one of the most sought-after digital assets in the market...
National Bank of Bahrain Launches Bitcoin Investment Product
10.10.2024
The National Bank of Bahrain has made a groundbreaking move by launching the first bitcoin-linked structured investment product in the Gulf Cooperation Council (GCC). This innovation, developed with ARP Digital, highlights Bahrain’s leadership in fintech while offering accredited investors...
Discover Smart Crypto Gaming With Fairspin: Rich Bonuses, Top Features and Passive Income Streams
10.10.2024
PRESS RELEASE. Fairspin Casino is revolutionizing the online gaming landscape with its innovative approach to cryptocurrency gambling. Since its inception, Fairspin has become one of the most innovative crypto gaming hubs globally. With over 9,400 options to bet, blockchain transparency, a myriad...
P2P Exchange El Dorado Debuts Gasless Tron-Based USDT Transactions in Latin America
10.10.2024
El Dorado, a Latam-focused peer-to-peer (P2P) exchange, has partnered with Tron DAO to offer gasless TRC20-USDT transactions for its customers. Until October 30, each user will be able to perform a limited number of withdrawals with no costs associated. This aims to promote the adoption of the Tron...
Why Your Kids Need Crypto More Than College
10.10.2024
A college degree has long been seen as the key to a stable career. But the landscape is changing fast, driven by ed-tech, AI, and a rapidly evolving workplace. Many previously unheard of career paths will be available to your children. Just like early adopters of the internet founded and built web2...
South Korean Lawmakers Call for Full Investigation Into KOK Token Crash
10.10.2024
Two South Korean lawmakers have called for a full investigation into the KOK token after its value collapsed to almost zero. Victims have accused Korea’s largest newspaper of promoting the scam, sparking concerns about its role. The alleged cryptocurrency fraud has caused an estimated...
Texas Drug Ring Sentenced for Laundering $50K Monthly in Cryptocurrency
10.10.2024
Six members of a Texas-based drug ring have been sentenced for their roles in a dark web drug operation, which laundered up to $50,000 per month in cryptocurrency. The group, operating as “Loverbois,” sold nearly 12 kilograms of meth. They processed about 20 drug orders daily between...
BRICS More Attractive Than EU, Says Serbia’s Vulin
10.10.2024
Serbia’s Deputy Prime Minister Aleksandar Vulin has championed BRICS as a compelling alternative to the European Union, emphasizing the economic bloc’s appeal for Serbia. He highlighted how BRICS does not impose political conditions like the EU, stressing cooperation based on respect...
Ripple Wins Platinum for Best Cross-Border Payments Platform at Future Digital Awards 2024
10.10.2024
Ripple has been named a Platinum Winner for Best Cross-Border Payments Platform in Juniper Research’s 2024 Future Digital Awards for Fintech & Payments. Other winners included Huawei for mobile money, SAP Fioneer for banking-as-a-service, and Paymentology for embedded finance...
Ohio’s New Crypto Fraud Unit Claims First Victory, Recovers $130K From Scam
10.10.2024
The Ohio Bureau of Criminal Investigation’s new Electronic Fraud Investigations unit has recovered $130,000 from a cryptocurrency scam in its first victory. The unit was established to address the growing complexity of cyber financial crimes, particularly those involving cryptocurrency....
Bitcoin Falls to $60.5K as Coinbase Premium Gap Points to Sell Pressure
10.10.2024
Bitcoin had a rough Wednesday, starting the day above $62,000 but quickly slipping to a daily low of $60,541. The market turbulence didn’t stop there, as over $40 million in bitcoin long positions were wiped out. Across the broader crypto space, both long and short positions saw liquidations...
FBI Creates Crypto Token to Expose Fraud — Seizes $25M in Cryptocurrency, Charges 18
10.10.2024
Eighteen individuals and entities have been charged with fraud and market manipulation in the cryptocurrency industry. The charges involve deceptive practices such as wash trading and pump-and-dump schemes that inflated token prices, resulting in the seizure of $25 million in cryptocurrency....
UBS Maintains Optimism in Markets Amid Middle East Uncertainty
10.10.2024
Global investment bank UBS remains optimistic about market prospects despite escalating geopolitical tensions in the Middle East. While fighting between Israel and Hezbollah and missile attacks from Iran have caused concern, oil prices are stable, gold remains near record highs, and U.S. recession...
Nigerian Regulator Pledges to Fight Crypto Fraud
9.10.2024
The Nigerian Securities and Exchange Commission (SEC) vows to crack down on fraud, money laundering, and market manipulation in the crypto sector. The SEC director general, Emomotimi Agama, emphasized the importance of educating investors. Lagos State Governor Babajide Sanwo-Olu said he supports...
Compass Mining Partners With Mindshift to Expand Bitcoin Mining in South Korea
9.10.2024
Compass Mining has announced a partnership with Mindshift, a licensed digital asset service provider in South Korea, to extend bitcoin mining services to the region. The collaboration aims to address challenges like high electricity costs while making bitcoin mining more accessible to South Korean...
ABDS Token Receives Top CertiK Badge for KYC
9.10.2024
PRESS RELEASE. ABD Systems, a company with over 13 years of experience in IT solutions, recently announced that its new crypto project, the ABDS Token, successfully completed KYC verification through CertiK, earning high recognition in the process. This achievement wasn’t just the standard...
JAN3 CEO Samson Mow Warns of ‘Covert Operations’ to Subvert State-Level Bitcoin Adoption
9.10.2024
JAN3 CEO Samson Mow suggested that traditional financial institutions operate in the shadows to prevent more nations from following El Salvador’s path of integrating Bitcoin into their financial systems. Mow commented on a specific case involving the World Bank and another nation. JAN3...
Avalanche Powers Littio’s New USD Savings Accounts in Latin America
9.10.2024
Littio, a Colombian neobank, has joined forces with Avalanche to offer interest-bearing USD accounts through Opentrade’s blockchain-based platform. The partnership aims to provide financial solutions to Latin Americans facing high inflation and currency devaluation. Neobank Littio Uses Avalanche...
Kraken Survey Reveals 59% of Crypto Investors Favor Dollar-Cost Averaging
9.10.2024
A recent survey by Kraken reveals that a significant 83.53% of crypto investors have used dollar-cost averaging (DCA), with 59% employing it as their primary investment strategy. The survey, which polled 1,109 crypto investors, delved into the real-world effectiveness of DCA in helping investors...