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SEC Director of Enforcement Gurbir Grewal Slams Crypto Industry, Cites “Significant Non-Compliance”
3.4.2024
Gurbir Grewal, the Director of the Enforcement Division at the SEC, slammed the crypto industry for its "significant non-compliance" in remarks given Wednesday at the Practicing Law Institute SEC Speaks event. His criticism comes one day after SEC Commissioner Hester Peirce chided the agency...
Silver Left Behind as Gold Claims the Spotlight With Record Price Spike to $2,233 per Ounce
30.3.2024
This week, the value of gold soared to an unprecedented peak, hitting $2,233 per troy ounce as of March 29. In contrast, silver has not exhibited the same level of brilliance, with its value standing at $24.97 per troy ounce, a significant 91% decline from its all-time high of $47.91 on March...
OKX’s Global Compliance Chief Left After Six Months
28.3.2024
Patrick Donegan, whose LinkedIn profile says he managed a team of 300 people around the world, was at OKX from August 2023 to January 2024
Alipay Collaborates with Avalanche for Web3 Voucher Program
20.3.2024
Alipay, a leading online payment platform, has partnered with Avalanche, a smart contract blockchain platform, to introduce a voucher program leveraging Web3 technology.
The post Alipay Collaborates with Avalanche for Web3 Voucher Program appeared first on Cryptonews
New AI Demo Shows Why Games Writing Should Be Left To People
18.3.2024
NVIDIA and Convai have released a trailer for their AI demo, Project Neural Nexus, and it predictably looks and sounds like shit.Read more
Nearly 30 Percent Of The Top 100 Steam Deck Games Aren’t Verified
15.3.2024
Recently, Valve published a list of the top 100 most-played Steam Deck games over the last 12 months. Digging into this much data is fun, and the full list is both a snapshot of recent trends and a reminder that old favorites are some of the most popular options on Valve’s portable PC. Read more
New AI Crypto Presale Raises $9m: 5 Days Left to Buy Scotty the AI Before Exchange Listings
14.3.2024
A new meme coin, Scotty the AI (SCOTTY), is turning heads and raking in substantial investment dollars during its limited-time presale. With $9 million raised already, crypto traders have been scrambling to buy SCOTTY tokens before the presale window ends in five days. Scotty the AI Unleashes Meme...
Philadelphia Tech Professional Falls Victim to $450,000 Cryptocurrency Romance Scam
26.2.2024
Shreya Datta, a 37-year-old tech professional from Philadelphia, has fallen victim to a cryptocurrency romance scam that left her financially ruined.
The post Philadelphia Tech Professional Falls Victim to $450,000 Cryptocurrency Romance Scam appeared first on Cryptonews
Non-Fungible Items; Picking up Where NFTs Left off — COZ Co-Founder Tyler Adams
22.2.2024
Many have already pronounced the death of NFTs, and in part, they are correct. Amidst the fervor of the NFT hype cycle, we saw huge valuations and sales such as Beeple’s ‘The 5000 Days’ collection selling for a staggering $69.3 million. However, not substantiated by anything beyond the hype,...
Don’t Miss This Great, Cozy Puzzler On Game Pass
16.2.2024
One of the best things about video games is that they can act as a form of wish fulfillment for the player. Save the world, go to space, or harness the power of dragons. But one of the newest additions to Game Pass offers one of my personal favorite bits of wish fulfillment: having a clean...
Ripple-Owned Metaco Loses its CEO and Chief Product Officer: Report
12.2.2024
Swiss cryptocurrency custody firm Metaco’s CEO Adrien Treccani and chief product officer Peter DeMeo have left the company, according to a CoinDesk report. In the meantime, no acting CEO has been named. During press time a Metaco spokesperson was unavailable to comment further on the report. Ripple...
Paradigm Backs Prediction Market in Legal Battle Against CFTC
8.2.2024
Paradigm has stepped up to back Kalshi in its legal battle against the Commodity Futures Trading Commission (CFTC), defending the right to offer prediction markets in the U.S. Congressional elections, and arguing for the critical role such markets play in risk management and information...
US Lawmakers Press Treasury Secretary Janet Yellen on Crypto Oversight Gaps
8.2.2024
Four U.S. lawmakers have pressed Treasury Secretary Janet Yellen regarding crypto oversight gaps. The Financial Stability Oversight Council (FSOC), which Yellen chairs, has issued “repeated warnings about the lack of oversight of the digital asset markets,” the lawmakers detailed...
Microstrategy Raises Bitcoin Holdings to 190K BTC — Calls Itself ‘World’s First Bitcoin Development Company’
8.2.2024
Nasdaq-listed Microstrategy has increased its cryptocurrency holdings to 190,000 bitcoins, having acquired 31,755 additional coins since the end of the third quarter. The company now considers itself “the world’s first Bitcoin development company,” with a unique value...
LBank Launches Oasys: Revolutionizing the Blockchain Gaming Industry
8.2.2024
PRESS RELEASE. LBank, a leading global digital asset trading platform, proudly announces the integration of Oasys into its diverse trading portfolio. This strategic move not only enhances LBank’s offering in the blockchain gaming sector but also marks a significant milestone for Oasys...
SEC Delays Decision on Invesco and Galaxy Digital’s Spot Ether ETF
8.2.2024
The United States Securities and Exchange Commission (SEC) has delayed its ruling on the Invesco Galaxy ether exchange-traded fund (ETF), and has now been pushed to potentially July 2024 after opening the proposal to public comments. Invesco and Galaxy Spot Ethereum ETF Decision Delayed by SEC...
Leading Privacy Crypto Monero Bounces Back: XMR Surges 25%, Defying Delisting Woes
7.2.2024
After the leading privacy crypto token monero experienced a substantial 32% price decline on Tuesday, the coin’s value swiftly saw recovery the next day, surging by 25% within the last 24 hours. Binance, Kraken, and Kucoin are witnessing significant activity in monero’s daily trading...
Federal Reserve Ends Enforcement Action Against FTX-Connected Farmington State Bank
7.2.2024
The Federal Reserve terminated its enforcement action against Washington-based Farmington State Bank, previously known as Moonstone Bank and linked to FTX’s Alameda Research. Federal Reserve Terminates Enforcement Action of FTX-Linked Farmington Bank The Federal Reserve Board has officially...
FINRA-Registered Digital Asset Platform Prometheum to Launch Ether Custody Services
7.2.2024
Prometheum, the first U.S. special purpose broker-dealer authorized to custody, clear, and settle digital asset securities, disclosed that it is now providing custodial services for the cryptocurrency ethereum. This announcement arrives amidst a period where the prominent crypto asset, ethereum...
Crypto Titan Digital Currency Group Opposes Genesis’ Restructuring Plan for Favoring Select Creditors
7.2.2024
In a legal document filed on Feb. 6, 2024, the crypto juggernaut, Digital Currency Group (DCG), voiced opposition to Genesis’ revised bankruptcy strategy for multiple concerns. DCG argues that the plan favors certain creditors over others unjustly, and the company’s legal team charges...