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Crypto.com Accidentally Sent $7 Million to Customer — Sues 7 Months Later to Get It Back
2.9.2022
Cryptocurrency exchange Crypto.com accidentally transferred about $7.26 million to a customer’s account but did not notice the error for seven months. The crypto company has now sued the customer to recover the funds. Crypto.com Sues Customer 7 Months After Mistakenly Transferring over...
Congress Questions Coinbase, FTX, Binance, Kraken in Crypto Fraud Crackdown
2.9.2022
A House committee has sent letters to four U.S. federal agencies and five cryptocurrency exchanges asking for information about what they are doing to combat cryptocurrency fraud and scams. Congress Questions Regulators and Crypto Exchanges The House Committee on Oversight and Reform sent letters...
Why Regulation Is Key to Crypto Industry
2.9.2022
Tom Stuart, CEO of Nous Systems, a Web3 marketplace for investment._____
The recent collapse of Terra, the issuer of once the third-largest stablecoin, was a low moment for crypto and put the reputation of the industry in question. Wiping out tens of billions of dollars in market capitalization...
Michael Saylor got wrecked, but Bitcoin investors needn't panic
1.9.2022
Cryptocurrency’s real-world utility is growing, users are increasing, and plans are proceeding apace — despite events that have provoked some temporary price challenges
Former CFTC commissioner Jill Sommers joins FTX US Derivatives board
1.9.2022
The addition of Jill Sommers followed former CFTC commissioner Mark Wetjen becoming FTX US' head of policy and regulatory strategy in November 2021
Biggest Movers: SOL Slips Towards Multi-Month Low, as LTC Surges on Thursday
1.9.2022
Solana was back in the red on Thursday, as the token fell towards a three-month low in today’s session. The decline comes as cryptocurrency markets fell lower, trading down by as much as 2.39% as of writing. Litecoin was a notable exception, climbing for a second successive session. Solana...
Crypto.com backs out of $495M sponsorship deal with UEFA Champions League: Report
1.9.2022
The crypto exchange reportedly stepped in as a potential sponsor after the Champions League dropped Russian state-owned energy firm Gazprom
Georgia to Update Crypto Regulations to Incorporate EU Rules, Legalize Industry
1.9.2022
The government of Georgia has approved amendments to the legal framework for the Caucasian nation’s financial sector, including additional regulations for crypto and fintech activities. The move aims to align Georgian law with relevant EU provisions. Parliament of Georgia to Vote on Crypto...
How Could VertoChain Be the Next Ethereum and Solana?
1.9.2022
Decentralized Finance (DeFi) is an upgrade to the traditional banking system. Traditional banking has several shortcomings regarding how money is managed and services are delivered. Blockchain technology’s emergence paved the way for the masses to democratize financial power. Overall, over...
Big Eyes Coin Aims for the Apex with 1000x; Can It Compare Against TRON (TRX) and Near Protocol (NEAR)?
1.9.2022
Cryptocurrencies have proven to be greatly better than conventional currencies, especially when carrying out virtual transactions. They are also widely accepted across the universe and profitable. Bitcoin (BTC) seems to be the man of the game among several cryptocurrencies. However, its initial...
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $20K Ahead of Friday’s NFP Report
1.9.2022
Bitcoin once again slipped below $20,000, as market uncertainty rose ahead of Friday’s Non-farm payrolls report. Tomorrow’s payrolls are expected to come in at 300,000 jobs, which is lower than July’s 528,000 figure. Ethereum also declined, as the price moved away from...
SafePal Partners Binance Connect
1.9.2022
SafePal is a crypto wallet offering hardware wallet, software wallet, and extended wallet product offerings, fully linked and controlled through the SafePal Application. SafePal is funded by Binance and is a leading worldwide payments infrastructure supplier. With more than 6 million users...
Ukrainian Police Bust Crypto Call Centers Defrauding Investors Across Europe
1.9.2022
Ukrainian investigators have exposed a scheme targeting residents of the country and the European Union with various financial scams, including some related to cryptocurrencies. The criminal organization members contacted their victims through call centers to collect personal financial information....
VeChain Completes Integration with D’CENT Wallet
1.9.2022
VeChain Network recently announced completing its integration with D’CENT Wallet. The collaboration allows users to send, receive, and store VTHO and VET assets on D’CENT Wallet. VTHO and VET, the native currencies of VeChain, have gained support in the D’CENT App Wallet and Biometric Wallet with...
California State Assembly passes bill for licensing and regulating crypto firms
1.9.2022
The bill requires digital asset exchanges and crypto companies to have a license of operation in the state of California
Uniglo (GLO), Cronos (CRO), and Stellar (XLM) Bullish Uptrend This October Detected
1.9.2022
October has historically marked an excellent month for reversals. With the macro bottom rapidly approaching, could the run-up to the US midterm elections be an incredible month? Technical analysis indicates this will be the case, with Bitcoin consolidating in an extremely tight range and the...
US Inches Towards Bitcoin & Ethereum Accounting Clarity, Leaving NFTs and Stablecoins for Later
1.9.2022
In a bid to develop transparent accounting rules for digital assets, the US Financial Accounting Standards Board (FASB) has revealed what assets the industry body will include in its crypto rule-making project, leaving NFTs and certain stablecoins outside its scope....
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Bybit Partners Circle Internet Financial
1.9.2022
Bybit and Circle Internet Financial, also known as Circle, have joined hands to further the growth of USDC while allowing traders to leverage the strength and stability of USDC, one of the leading digital currencies globally. The Circle is known for being the issuer of USDC and keeping it available...
FBI Profiles Top 10 Most Wanted Fugitive ‘Crypto Queen’ Ruja Ignatova of Onecoin Scam
1.9.2022
The Federal Bureau of Investigation (FBI) profiled the Onecoin cryptocurrency scam and its co-founder Ruja Ignatova, aka “Crypto Queen,” in a new podcast. Onecoin was one of the world’s biggest crypto scams and Ignatova was recently added to the FBI’s 10 most wanted...
Iranian Government Approves ‘Comprehensive and Detailed’ Crypto Regulations
1.9.2022
The government of Iran has finalized a set of cryptocurrency regulations. A “comprehensive and detailed” law ratified by the administration provides a regulatory framework for cryptocurrency, including their authorized usage and crypto mining, a government official reportedly said....