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Safemoon Founders Indicted for Fraudulently Diverting Investor Funds


The founders of cryptocurrency Safemoon have been indicted on charges of securities fraud, wire fraud, and money laundering related to the alleged misappropriation of millions of dollars of investor funds. Braden John Karony, Kyle Nagy, and Thomas Smith were charged in an indictment unsealed...

PayPal Receives UK’s FCA Approval to Offer Crypto Services to UK Nationals


Payments giant PayPal has become the latest to secure a cryptoasset registration from the UK’s Financial Conduct Authority (FCA). According to the update on the FCA’s crypto register, the regulator issued registration to PayPal UK Limited on 31 October. The registration would allow...

BTC365 Unveils New UIUX for Enhanced Crypto Gambling Experience


PRESS RELEASE. BTC365, a leading name in the crypto gambling and sports betting sphere, is excited to announce its newly redesigned website. Engineered with a user-centric interface, the relaunch promises an unrivaled experience based on extensive user feedback. Enhanced User Tools Search Bar: This...

Crypto VC Investments Continue to Take a Hit, Drop Another 10% MoM


There has been a significant decline in publicly disclosed investment projects by crypto venture capitalists (VCs) during the month of October. Data from RootData indicate a 10% month-on-month decrease, with only 75 investment projects recorded compared to 83 projects in September 2023, as reported...

BitGo Secures Digital Asset Custody License in Germany


Digital assets custody firm BitGo has obtained a cryptocurrency custody license from the German Federal Financial Supervisory Authority (BaFin). According to a recent press release, the cryptocurrency firm has been granted a full license in Germany following years of operations in the country...

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