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Breaking News: SafeMoon Executives Charged by SEC for ‘Massive Fraudulent Scheme’ and Unregistered Offering of Crypto Securities
1.11.2023
The US Securities and Exchange Commission (SEC) just charged crypto project SafeMoon and its top executives for “perpetrating a massive fraudulent scheme” through the unregistered sale of crypto asset security SafeMoon (SFM). As per a press release on the SEC’s website, the agency...
Safemoon Founders Indicted for Fraudulently Diverting Investor Funds
1.11.2023
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
1.11.2023
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...
SafeMoon Execs Arrested by DOJ in Fraud Investigation, Charged By SEC
1.11.2023
The Securities and Exchange Commission (SEC) has charged SafeMoon and its executive team with perpetrating a fraudulent scheme through an unregistered securities sale
BTC365 Unveils New UIUX for Enhanced Crypto Gambling Experience
1.11.2023
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...
Pro-Bitcoin Senator Lummis Explains Why Crypto Is Not The Problem On Terrorist Financing
1.11.2023
U.S. Senator Cynthia Lummis (R-WY) corrected the record on crypto and terror financing on Tuesday after calling for crackdowns on crypto firms supporting sanctioned groups just days earlier. In a post to Twitter, the Bitcoin-supportive politician highlighted how crypto’s share of illicit...
Crypto VC Investments Continue to Take a Hit, Drop Another 10% MoM
1.11.2023
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...
Tether’s Q3 Financial Disclosure Highlights $3.2B Surplus, $1.7B in Bitcoin Reserves
1.11.2023
On Tuesday, Tether Holdings Ltd.’s financial statements for the third quarter of 2023 were validated by BDO, an internationally known independent public accounting firm. The firm gave an assurance opinion, revealing $3.2 billion in surplus reserves supporting the company’s tokens...
Crypto Venture Funds Variant, 1kx Lead $6M Funding Round for ZK-Meets-AI Startup Modulus
1.11.2023
The funding will be used for the company’s ambitions in zero-knowledge machine learning, combining aspects of zero-knowledge cryptography with artificial intelligence or AI
3 Greenshoot Sectors in the Blockchain Space
1.11.2023
From “AI x blockchain” and zero-knowledge proofs to Bitcoin ordinal projects, there are plenty of bright spots in the Web3 ecosystem
Why Momentum Trading Works In Crypto
1.11.2023
Crypto markets have specific characteristics that align with a strategy of riding momentum in price movements
Today in Crypto: Hackers Stole $1.41 Billion YTD and $22.2 Million in October, Google Cloud Launches Solana Network Dataset on BigQuery
1.11.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Security news Bug bounty and security services platform Immunefi published its ‘Crypto Losses in October 2023...
BitGo Secures Digital Asset Custody License in Germany
1.11.2023
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...
Onyx Protocol Suffers $2.1M Loss in Defi Breach, Fraction of Funds Redirected to Tornado Cash
1.11.2023
Multiple sources have confirmed that Onyx Protocol, a decentralized finance (defi) platform, has been compromised in a security breach, resulting in a loss of $2.1 million. In the wake of this attack, a fraction of the stolen crypto assets, originally from the cross-token liquidity market, were...
PayPal scores UK crypto license after brief local Bitcoin buy halt
1.11.2023
Licensed by the FCA on Oct. 31, 2023, PayPal has requirements or restrictions placed on the financial services activities that it can operate
PayPal UK Unit Registers as Crypto Service Provider
1.11.2023
The payments firm will now be able to offer services and approve crypto-related communications in the country
Crypto’s ‘pro-rioter’ glitch artist stirs controversy — Patrick Amadon, NFT Creator
1.11.2023
NFT artist Patrick Amadon is proudly “pro-rioter,” as Hong Kong Art Week discovered, and he’s at home in crypto, where everyone’s a rebel
Crypto Billionaire’s Nonprofit Acquires $500M Worth of AI Chips for Generative AI
1.11.2023
Crypto billionaire Jed McCaleb, known as a co-founder major crypto companies like Stellar, Ripple, and Mt Gox, has launched a nonprofit with a mission to empower the development of generative AI. This nonprofit, registered in the US as a 501(c)(3) organization, recently purchased 24,000 Nvidia H100...
FTX, Alameda Wallets Move More Than $13 Million in Crypto to Exchanges: Spotonchain
1.11.2023
Just over $13 million in crypto were moved to Binance and Coinbase overnight, data from Spotonchain show
Coinbase launches regulated crypto futures services for US retail traders
1.11.2023
Coinbase Advanced customers in the U.S. can trade nano-sized futures contracts sized at 1/100th of a Bitcoin and 1/10th of an Ether