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China to Revise AML Law to Address Risks Associated with Virtual Assets
15.2.2024
China is set to revise its outdated Anti-Money-Laundering (AML) law in a bid to tackle the increasing risks associated with virtual assets. The draft amendment, discussed at a State Council meeting chaired by Chinese Premier Li Qiang, will soon undergo review by the national legislature, according...
Sushi’s Decentralized Derivatives Exchange Susa to Launch on Layer N
15.2.2024
Sushi is preparing to launch its new decentralized derivatives exchange Susa on the Layer N platform. This initiative plans to address current performance challenges in decentralized finance. According to a recent blog post by Susa, the platform intended to improve the efficiency and reliability...
Uniswap’s Hayden Adams Calls Attention to Scammer Impersonating His ETH Wallet Address
14.2.2024
On February 14, Uniswap founder Hayden Adams warned the cryptocurrency community on social media platform X about a new strategy of crypto thieves who imitate Ethereum wallet addresses to defraud unsuspecting investors. Here’s how this new crypto scam works. Uniswap Founder Issues Warning...
US Treasury to Discuss Crypto Finance Concerns at Congressional Hearing
14.2.2024
The United States Treasury is gearing up to address Congress on the emerging challenges posed by cryptocurrencies to existing financial regulatory frameworks. In his prepared testimony for the House Financial Services Committee, Brian Nelson, Treasury’s Under Secretary for Terrorism...
Over $11 Million in Liquidity Drained From SafeMoon by Unknown Individual
12.2.2024
An unknown individual drained over $11 million in liquidity from various pools associated with the controversial cryptocurrency project SafeMoon on Monday. The transaction triggered immediate speculation about a possible connection to SafeMoon’s ongoing bankruptcy proceedings. Blockchain...
UK’s Fraud Intelligence Unit Shuts Down 43 Possible Crypto Phishing Websites
9.2.2024
UK authorities have announced that the National Fraud Intelligence Bureau (NFIB) blocked 43 possible crypto phishing websites. A recent official Commissioner’s Update disclosed reports in diverse fields including potential fraudulent activities with bad actors impersonating popular blockchain-based...
Treasury’s Yellen: More Power Needed to Counter Crypto Use by Terrorist Groups
9.2.2024
U.S. Treasury Secretary Janet Yellen has expressed the need for increased authority within the Treasury Department to address the alleged utilization of crypto by terrorist groups. Senator Sherrod Brown, known for his role in shaping crypto legislation, questioned Yellen about the necessary updates...
ARK Invest and 21Shares Outline Cash Processes in New Ethereum ETF Bid
8.2.2024
Ark Invest and 12Shares have refiled their joint application for a spot market Ethereum ETF to address cash creation and redemption. The amendments bring it in line with spot Bitcoin ETFs recently approved by the US Securities and Exchange Commission, according to Bloomberg ETF analyst Eric...
RBI Governor Suggests Offline Initiatives to Drive Digital Rupee Adoption in Remote Areas
8.2.2024
Reserve Bank of India (RBI) Governor Shaktikanta Das has suggested using offline solutions to boost the adoption of the central bank’s digital rupee in remote areas. The RBI will evaluate various offline solutions, including proximity and non-proximity-based options, in hilly, rural,...
Joe Rogan Has HODL’d Over 5 Bitcoin For Almost A Decade
6.2.2024
Famous podcaster Joe Rogan has held onto his Bitcoin (BTC) stash without selling any, as revealed by on-chain data dating back nearly a decade. Back in 2014, the mixed martial arts (MMA) commentator shared a QR code version of his public Bitcoin address over social media. Revisiting that same...
AltLayer’s Executive Quells Community Backlash Over $100 Million Airdrop Distribution
5.2.2024
AltLayer’s Head of Growth has described events leading up to gains by a few non-fungible token (NFT) holders as a coincidence. Additionally, Dorothy called for more community support in the future. In a reaction to widespread criticism of handling a recent airdrop, the executive took to X (formerly...
South Korea’s Financial Services Commission Proposes Regulatory Approval Requirement for Crypto Executives
5.2.2024
South Korea’s financial regulator has put forward new amendments that would require regulatory approval for new executives joining cryptocurrency companies. In an official announcement, the Financial Services Commission (FSC) said it aims to address the existing pain points in the current...
Solana (SOL) alternative Retik Finance (RETIK) zooms past $19,000,000 in remarkable presale
3.2.2024
As the blockchain landscape continues to evolve, new projects emerge with innovative solutions to address the growing demands of decentralised finance (DeFi) ecosystems. Retik Finance (RETIK) has emerged as a compelling alternative to Solana (SOL), experiencing a meteoric rise in its presale...
Thailand’s SEC Orders Zipmex to Suspend Trading and Brokerage Services
2.2.2024
Thailand’s Securities and Exchange Commission instructed cryptocurrency exchange Zipmex to temporarily suspend its digital asset trading and brokerage services beginning February 2. In a February 1 announcement, the SEC said that Zipmex has been given a 15-day period to fix its financial position...
Taproot Wizards Postpones ‘Quantum Cats’ Mint for the Third Time Amid Technical Setbacks
2.2.2024
Technical difficulties have led Taproot Wizards to delay the minting of their “Quantum Cats” Bitcoin Ordinals collection for a third time. The team’s efforts to address unforeseen challenges and ensure a flawless minting experience have pushed back the launch date. Taproot...
Polygon Introduces ‘AggLayer,’ Aims to Simplify Blockchain Integration Across Platforms
25.1.2024
Polygon Labs plans to release “AggLayer,” a new blockchain aggregation layer, in February. This development aims to enhance interoperability across blockchain platforms. According to Polygon’s recent blog, AggLayer is designed as a centralized protocol that aggregates zero-knowledge (ZK) proofs...
Bitwise Leads the Way as First US Bitcoin ETF to Publicly Disclose Wallet Address
25.1.2024
On Wednesday, Jan. 24, 2024, Bitwise, a leading digital asset manager, made a groundbreaking announcement as the first U.S. spot bitcoin exchange-traded fund (ETF) to reveal its bitcoin wallet address. Emphasizing its commitment to transparency, Bitwise stated, “proud to walk the walk with...
Bitwise Becomes First Spot Bitcoin ETF Provider to Provide Wallet Address
24.1.2024
Crypto asset manager Bitwise on Wednesday became the first of the ten spot bitcoin exchange-traded fund (ETF) issuers to share its digital wallet address with the public
Coinbase Slams US Treasury’s Proposed Requirement for Crypto Platforms to Report All Mixing Activities
23.1.2024
Coinbase has criticized the US Treasury’s proposed rulemaking on cryptocurrency mixing, stating that it fails to effectively address regulatory gaps while placing unnecessary burdens on crypto platforms. In a comment submitted to the Treasury Department’s Financial Crimes Enforcement...
Immediate Innovault Review – Scam or Legitimate Trading Software
19.1.2024
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content Traders frequently cease trading due to substantial losses resulting from a lack of education in financial markets. Immediate Innovault purports to address this issue, serving as a platform...