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RockX and Cactus Custody unite to boost institutional crypto staking
25.9.2023
RockX, a provider of staking solutions, has established an exclusive partnership with Cactus Custody, the parent company of Matrixport. Through the collaboration, both parties will work to streamline and improve the staking procedure for the advantage of mainline financial institutions in terms...
Coinbase Registers as Crypto Exchange and Wallet Provider in Spain
25.9.2023
U.S.-based crypto exchange Coinbase has obtained a registration in Spain that will allow it to offer a range of services for digital assets. The authorization fits into the company’s current strategy for global expansion through acquiring local licenses and tailoring products for specific markets....
Mixin Network hack drains $200M from mainnet assets
25.9.2023
Mixin Network suspended all deposits and withdrawals and will restart the services “once the vulnerabilities are confirmed and fixed.”
Crypto Traders Lean Bearish as Bitcoin Hovers Above $26K; DOGE, XRP Dip Most Among Majors
25.9.2023
While bitcoin is currently in a consolidation period, an analysis of past cycles suggests that gains can be expected after 2024’s halving event, one data firm said
India Struggles to Curb Rising Crypto Frauds, Victims Left in a Legal Abyss Amid Regulatory Ambiguity
25.9.2023
India is currently witnessing an alarming surge in cryptocurrency-related frauds, leaving investors in despair and criminals largely unchecked.
The absence of clear regulations in the cryptocurrency space can largely be attributed to the encouragement of these illicit activities. ...
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Hong Kong to Disclose All Crypto License Applicants After JPEX Probe
25.9.2023
Securities and Futures Commission says decision was made in light of public demand
Hong Kong to Reveal List of Crypto License Applicants in the Wake of JPEX Scandal
25.9.2023
Hong Kong’s financial watchdog confirmed Monday that it would publish the list of cryptocurrency trading firms that have applied for licenses to operate in the Chinese territory, in the wake of the JPEX scandal.
The Securities and Futures Commission (SFC) will reveal the list following public...
Crypto Exchange Upbit Resumes Aptos Withdrawals After Resolving Scam Token Issue
25.9.2023
South Korean cryptocurrency exchange Upbit has resumed Aptos (APT) deposits and withdrawals after a temporary halt prompted by a scam token infiltration.
On September 24, the Korean exchange abruptly paused Aptos withdrawals and deposits due to an "abnormal deposit attempt," sparking an immediate...
British Law Firm to Sue Onecoin Cryptoqueen to Recover Investor Funds
25.9.2023
A London-headquartered law firm is preparing a lawsuit against the fugitive mastermind of the Onecoin crypto pyramid scheme, ‘Cryptoqueen’ Ruja Ignatova. Its lawyers intend to file a class action suit in the United Kingdom’s High Court, the British press revealed. Fugitive Cryptoqueen May Face U.K....
HK regulator vows to intensify crackdown on unregistered crypto platforms
25.9.2023
In the wake of the ongoing JPEX scandal, the Hong Kong Securities and Futures Commission says it will issue a public list of suspicious crypto trading platforms
Breaking: Mixin Network's Cloud Service Provider Hacked, $200 Million in Funds Affected
25.9.2023
Mixin Network has revealed that the database of its cloud service provider was attacked on September 23, resulting in the loss of a substantial sum of assets on the mainnet.
As per the official announcement, the amount of funds affected in the hack was $200 million.
The incident prompted Mixin...
JPEX scandal masterminds still at large as 11 suspects taken into custody: Report
25.9.2023
Hong Kong police said the leaders of the JPEX crypto exchange are still at large and are now enlisting the help of Interpol to track them down
Crypto Exchange Bybit Suspending Services in UK to Comply With New Regulations
25.9.2023
Cryptocurrency exchange Bybit is suspending services in the U.K. next month in order to comply with the new rules set by Britain’s top financial regulator, the Financial Conduct Authority (FCA). “The suspension will allow the company to focus its efforts and resources to best meet...
Crypto exchange Upbit stems fake APT token flood, resumes services
25.9.2023
The newly created fake APT token called “ClaimAPTGift.com” made its way to 400,000 Aptos wallets, and users found they were able to deposit and sell it on the exchange
Russian ‘Crypto Queen’ Reportedly Arrested in Moscow
25.9.2023
Police in Russia have reportedly arrested an entrepreneur and “crypto influencer” known as Bitmama, aka the “Queen of Crypto,” on fraud charges.
Per Moskvich Magazine and the Telegram-based news networks Baza and Readovka, Valeria “Bitmama” Fedyakina was detained by police on September 15 after...
Venezuelan Authorities Find Grenade Launchers, Bitcoin Miners, and Even a Zoo in a National Jail
25.9.2023
Venezuelan authorities found weapons of war, a discotheque, pools, a zoo, and even a makeshift Bitcoin mining farm in a raid completed on a national jail. The raid, executed in the Tocoron National Penitentiary Center, located in the Aragua state, mobilized 11,000 military officers to take control...
Terra Classic Votes to Halt USTC Minting; Community Eyes Future Re-Peg
24.9.2023
Following a decisive vote by the Terra Classic community, an initiative to halt the creation of the previously termed stablecoin, terra usd (commonly referred to as UST or USTC), has been approved. Despite 40.56% opposition, 59.42% of the vote gave the nod for the software update. Minting Freeze...
NFT Sales Doldrums: 30-Day Plunge Sees 34% Decline Amidst Chilling Digital Collectible Sector
24.9.2023
Fresh data indicates a continuing decline in non-fungible token sales, dipping 3.2% in the last week and plummeting 34% over the past month. As September nears its end with six days remaining, NFT sales have tallied up to $341.37 million since August 24. NFT Sales Still Can’t Escape Crypto Winter’s...
Diminished Activity, L2 Migration Push Ethereum to Turn Inflationary
24.9.2023
Recently, Ethereum has seen a shift towards inflation, sparked by a dip in network activity and onchain fees. Data reveals that, with decreased activity and lower fees, Ethereum’s inflation rate stands at 0.270%. The decline in overall activity and people transitioning to layer two (L2)...
Crypto traders shift focus to these 4 altcoins as Bitcoin price flatlines
24.9.2023
Bitcoin’s tight range trading points to a potential range expansion and that could trigger a trending move in LINK, MKR, ARB, and THETA