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U.S. Treasury Sanctions North Korean Government’s Crypto Mixer Sinbad
29.11.2023
According to a statement released Wednesday, the U.S. Treasury Department has placed sanctions on the government of North Korea’s crypto mixer, Sinbad. “A key-money laundering tool” Sinbad serves as “a key money-laundering tool” for the state-sponsored North Korean cyber-hacking collective...
Protocol Village: It's Crypto Spring, as Smart-Contract Platform Index Jumps Most in 10 Months
29.11.2023
Digital-asset markets are heating up, especially for blockchain tokens. In this week's Protocol issue, we highlight November's 19% jump in the CoinDesk Smart Contract Platforms Index (SMT), the biggest gain in 10 months
Aerodrome and Velodrome Suffer Front-End Security Breach
29.11.2023
Source: Pixabay Decentralized crypto exchanges Velodrome and Aerodrome have warned users about a front-end security breach on their websites. In X posts published on Wednesday, Velodrome and Aerodrome warned users against interacting with their websites until further notice. “Our frontend...
Poloniex to Resume Withdrawals Starting With TRX After $100M Hack
29.11.2023
Poloniex is resuming operations following a recent hack of exchange hot wallets. Image by Rafael Henrique, Adobe Stock. Cryptocurrency exchange Poloniex announced today that it will begin gradually resuming withdrawal and deposit services starting November 30. This comes after the platform suffered...
Immediate Growth Review – Scam or Legitimate Trading Software
29.11.2023
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content Immediate Growth claims to be an innovative trading platform that puts the power of crypto trading in your hands. Boasting a slew of features, such as charting tools, news updates, demo mode...
In the Wake of Declining Values for Optimism (OP) and Toncoin (TON), an emerging Crypto Contender Captures Investor Interest
29.11.2023
TLDR Optimism experts expect OP to fall to $1.22 by December. Despite the listing of Toncoin on Blockchain.com, experts expect TON to fall to $1.50 by the end of 2023. Rebel Satoshi’s high-flying presale attracts investors with mouthwatering offers. In 2023, Optimism (OP), Toncoin (TON),...
Northern Data Subsidiary Bolsters AI Capabilities With $362 Million Nvidia GPU Investment
29.11.2023
On Wednesday, Northern Data Group, headquartered in Frankfurt and specializing in bitcoin mining, disclosed that its subsidiary, Taiga Cloud, has secured a significant acquisition of about 8,200 Nvidia H100 Tensor Core Graphics Processing Units (GPUs). These newly acquired units will complement...
Coinbase Stock Outperforms Bitcoin and Ethereum: What’s Behind the Surge?
29.11.2023
Source: Adobe / piter2121 Shares of the crypto exchange Coinbase with the ticker COIN are surging in the stock market, currently trading at $128.27, the highest level seen in 2023. The current stock price surpasses the previous peak of $110.15 from July and aligns with price levels from May 2022...
Crypto Stories: Charlie Shrem tells how he became a Bitcoin millionaire
29.11.2023
Shrem made a fortune off his Bitcoin payment service, BitInstant, but then went to prison for alleged money laundering
Crypto Regulation News Weekly Digest: CZ’s Guilty Plea and Grayscale’s Bitcoin ETF Prospectus
29.11.2023
Crypto regulation evolves through CZ plea deal, Grayscale Bitcoin ETF application, Singapore bans, and Lagarde’s personal experience. Image by Titiwoot Weerawong, Vecteezy Last week brought several major developments on the crypto regulation front. Binance founder Changpeng Zhao pleaded...
Burn Alert: DEX Token $ETHETF Recovers +26% As Market Sentiment Flips Bullish Amid 21% Supply Burn
29.11.2023
Wednesday, November 29, 2023 – November’s breakout DEX token $ETHETF is rapidly approaching the 21% of total supply burn target, with 1,000,000 tokens burned today alone, as markets flip bullish – don’t miss out. ETH ETF token is making waves in DEX markets once again, as another...
Copper to Launch Abu Dhabi-based Digital Securities Brokerage
29.11.2023
London-based crypto trading and custody firm Copper announced plans to launch a new brokerage platform for digital assets in Abu Dhabi as soon as early next year, the company announced on Wednesday. Copper’s latest expansion News of the company’s expansion is part of their acquisition...
Digital Finance Firm SoFi Hands Its Crypto Business to Blockchain.com
29.11.2023
Blockchain.com President Lane Kassleman said in an interview that his firm’s SoFi partnership equates to hundreds of thousands of users and hundreds of millions of dollars
Paxos Receives Approval To Issue Stablecoins In Abu Dhabi
29.11.2023
Source: Pixabay Crypto firm Paxos has secured two in-principle approvals from the Financial Services Regulatory Authority in the Abu Dhabi Global Market. The company said in a press release published on Wednesday that the approvals would allow Paxos to issue stablecoins and provide cryptocurrency...
2024 Will Be the Year Tokenization Truly (Finally) Begins
29.11.2023
After several years of being the next-big-thing, next year will be when tokenization of real-world assets really takes off, says Colin Butler, Global Head of Institutional Capital at Polygon Companies
Liquid Staking Tokens Are a Hot Ticket for 2024
29.11.2023
The staking market was the brightest spot in DeFi this year. The arrival of liquid staking token finance is set to turbocharge activity next year
US Treasury sanctions crypto mixer Sinbad, alleging North Korea ties
29.11.2023
The government department has previously imposed sanctions on crypto mixers Blender and Tornado Cash despite many in the space pushing back on actions against software tools
Binance’s Thai Expansion With Gulf Energy Under Scrutiny Post $4.3 Billion US Penalties
29.11.2023
Source: Pixabay Binance is reportedly facing challenges in Thailand ahead of its plans to launch a new crypto platform with billionaire Sarath Ratanavadi’s Gulf Energy. The beleaguered exchange, which is currently facing criminal charges and civil lawsuits in the US, is under scrutiny in Thailand....
SoFi Technologies to cease crypto services by Dec. 19
29.11.2023
“You can agree to have your account migrated to Blockchain.com or close your account instead,” the company wrote
How Do You Know If Crypto is Trustworthy? Find Out What’s At Stake.
29.11.2023
The scandals of recent years have taken a profound toll on the credibility and trust of the cryptocurrency sector. However, with the SBF trial behind us, Binance’s settlement with the DoJ, and the promise of a Bitcoin ETF creating a positive buzz in the markets, it feels like the industry...