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178 South Korean Darkweb Users Arrested on Suspicion of Crypto-powered Drug Trading
26.8.2022
Police in Seoul, South Korea, have arrested 178 people on suspicion of buying and selling drugs online using cryptoassets as a means of payment.
According to JTBC, Seoul Metropolitan Police officers said they had arrested 12 suspected drug dealers and 166 of their alleged customers, stating that...
Coinbase Derivatives Exchange To Offer Nano Ether Futures Contract
26.8.2022
Nano Ether Futures Contract is scheduled to launch on Coinbase Derivatives Exchange on August 29, 2022. It will be accessible for trading through third-party retail brokers and clearing firms with their names mentioned below. Retail Brokers: Ironbeam EdgeClear Optimus Futures NinjaTrader Tradovate...
How to tell if a cryptocurrency project is a Ponzi scheme
26.8.2022
Crypto Ponzi schemes have increased over the past couple of years. This is how to spot them
The Card Battle Heats Up in Latam, as Ripio and Bitso Both Announce Crypto-Enabled Cards
26.8.2022
Cryptocurrency debit and credit card offerings in Latam are thriving, as two exchanges in the area are planning to launch their crypto-enabled cards. Ripio, the Argentina-based exchange, and Bitso, a Mexican exchange, both announced the future launch of their cards, in partnership with Visa...
Uniglo (GLO) Paladin Audit Is Proof That It Can Keep Up To Cryptos Like Cardano (ADA) And Solana (SOL)
26.8.2022
Uniglo (GLO) has announced that it will partner with Paladin to audit its smart contracts. This is a big win for the project, as it shows that it can keep up with the big boys like Cardano (ADA) and Solana (SOL). The partnership will help to ensure the security of Uniglo’s smart contracts...
While Almost 80% of Russians Know Crypto, Only 6% Understand It Well, Survey Finds
26.8.2022
The overwhelming majority of Russians in big cities are well aware of the term cryptocurrency but those with a good understanding of the topic are quite a small proportion, a new poll has indicated. Experts say that currency restrictions imposed earlier this year are helping growth in interest...
Singapore MAS examines crypto firms ahead of new regulations: Report
26.8.2022
The MAS reportedly asked crypto firms about their owned tokens, top lending and borrowing counterparties, loans and top tokens staked via DeFi
Time to Go All Guns Blazing for Faster ETH 2.0 After the Mega ‘Merge’
26.8.2022
The Merge upgrade is joining the execution layer (mainnet) with the proof of stake consensus layer (Beacon Chain), which eliminates energy-intensive mining for sustainable crypto infrastructure growth. Now the ETH holders can stake their holding to become validators instead of miners. Investors...
South African Cryptocurrency Ownership Rate at 10% — Report
26.8.2022
With a cryptocurrency ownership rate of 10%, or four million people, South Africa “ranks 18th out of 26 countries for crypto adoption,” the latest Finder’s report has said. The report also noted that South Africa’s proportion of crypto owners holding bitcoin, 52%, is...
India’s Central Bank Governor Warns Crypto Market May Crash and Small Investors Will Lose Money
26.8.2022
RBI Governor Shaktikanta Das has warned that the crypto market may crash and small investors will lose money. He added that the central bank believes that its warnings have deterred many people from investing in cryptocurrencies. RBI Governor’s Crypto Warnings The governor of the Indian...
Philippine Lawmakers, Central Bank, SEC Discuss Crypto Regulation in Senate Hearing
26.8.2022
The central bank and the Securities and Exchange Commission (SEC) of the Philippines discussed crypto regulation in a Senate hearing with the participation of several executives from the crypto industry, including from crypto exchange Binance. Philippine Regulators Discuss Crypto Policies...
Coinbase, whose CEO called most politics a 'distraction', launches voter registration tool
25.8.2022
Faryar Shirzad said staying engaged and informed was critical, given candidates who win in the 2022 U.S. midterms “will be making key decisions" around crypto regulation
World’s Largest Crypto ATM Company Bitcoin Depot to Go Public via SPAC Deal
25.8.2022
The largest cryptocurrency automated teller machine (ATM) operator, Bitcoin Depot, has revealed it has plans to go public via a special purpose acquisition company (SPAC) deal. The $885 million acquisition deal with GSR II Meteora (GSRM) will make Bitcoin Depot a publicly-traded company listed...
Afghan police close down cryptocurrency exchanges to enforce central bank ban: Report
25.8.2022
The Afghan central bank declared forex trading un-Islamic and illegal earlier this year, and issued a warning about continuing activities a month later; now arrests have been made
Siam Commercial Bank abandons plans to purchase $500M stake in crypto exchange Bitkub
25.8.2022
The bank cited concerns with Bitkub “resolving various issues,” according to recommendations from the country’s Securities and Exchange Commission without a definite timeline
Coinbase Launches Wrapped Ethereum Liquid Staking Token Ahead of The Merge
25.8.2022
The cryptocurrency exchange Coinbase has introduced a new liquid staking ethereum derivative token ahead of Ethereum’s proof-of-stake (PoS) upgrade. The new ERC20 utility token is called coinbase wrapped ethereum, or CBETH, and it will allow people to stake their ether in a non-custodial...
How blockchain technology is changing the way people invest
25.8.2022
Blockchain technology has changed the way modern people invest into assets, attracting younger and less affluent investors into the space
Ankr Finds Support From 100 EMA; All Set to Conquer 200 EMA!
25.8.2022
Ankr is a Decentralized Web three infrastructure provider that enables developers, decentralized applications, and stakers to interact with various blockchains. Ankr does this by creating a gateway to independent nodes on many different blockchains that can be accessed by developers. Using these...
BitMEX to Add Support for USDT-TRON Deposits and Withdrawals
25.8.2022
BitMEX, one of the most advanced peer-to-peer systems for trading cryptocurrencies, is a trading platform developed for professional traders. BitMEX is a Hong Kong-based cryptocurrency exchange that was created in 2014. BitMEX presently offers over 15 trading pairs and is supported globally except...
Sanctions, Disagreements Hamper Regulation of Crypto Mining in Russia, Experts Say
25.8.2022
The changing geopolitical and economic environment, as well as persisting differences between responsible government institutions, are hindering the advance of legislation tailored to regulate cryptocurrency mining in Russia. According to a report quoting industry watchers, these factors...