Search
Binance's VC Arm Dominated Funding Rounds Last Week Even as Regulators Scrutinized the Crypto Exchange
7.8.2023
Binance Labs announced investments in four incubator projects and participated in a round for privacy infrastructure startup zkPass
Eyeball Scanning Crypto Project Worldcoin Warehouse Raided by Kenyan Police
7.8.2023
Worldcoin, the eyeball-scanning crypto project launched by OpenAI founder Sam Altman, is under increased scrutiny in Kenya, as local police reportedly raided the project’s warehouse in Nairobi, in search of data.
Per a local news report Monday, a team of Kenyan police officers raided Worldcoin’s...
UK Set To Expand Its National Crypto Crime Unit As Organized Blockchain Fraud Surges
7.8.2023
The United Kingdom’s National Crime Agency (NCA) is set to increase its cryptocurrency fraud investigation unit as part of wider plans to halt the increase in financial crimes.
The new move will see the agency hire four new senior investigators to join the financial crime unit to tackle all forms...
Bitcoin Remains King While Crypto Hedge Funds Get Rekt
7.8.2023
Even though crypto hedge funds managed positive returns during the first half of 2023, bitcoin trounced them, according to a 21e6 Capital report
PayPal to Issue Dollar-Pegged Crypto Stablecoin Based on Ethereum
7.8.2023
The PayPal USD will be pegged to U.S. dollars and issued by Paxos Trust
Miami Mayor Francis Suarez Embraces Bitcoin Donations for Presidential Bid
7.8.2023
Miami Mayor Francis Suarez, a vocal crypto advocate, announced that his Presidential campaign is officially accepting donations in the leading cryptocurrency Bitcoin (BTC).
In an interview, the Miami Mayor said, “officially, my campaign is accepting Bitcoin.” The announcement aligns with...
Singapore Red Cross starts accepting crypto donations
7.8.2023
Humanitarian aid and community services charity, Red Cross Singapore, included cryptocurrency as a newly-accepted form of donation
BitGet Crypto Exchange Secures Comedian Adam Devine as Brand Ambassador – Crypto Partnerships Making a Comeback?
7.8.2023
Crypto exchange Bitget announced a one-year partnership with American actor and comedian Adam Devine.
Per the press release, Bitget aims to promote crypto education and foster adoption through "an engaging and lighthearted approach."
Gracy Chen, the Managing Director of Bitget, said...
Crypto Exchange OPNX Bids to Take Over Hodlnaut in Singapore: Capital Injection of $30 Million Expected
7.8.2023
OPNX, a digital asset exchange created by the founders of failed hedge fund Three Arrows Capital, has proposed a takeover of the struggling crypto lender Hodlnaut.
OPNX has offered to inject $30 million worth of FLEX digital tokens into Hodlnaut to fund a partial creditor payout...
UK to expand crypto crime agency, hiring spree underway
7.8.2023
The job involves investigating crypto fraud, money laundering and other blockchain-based crime performed by organized groups
Scottish Author Exposing Onecoin Cancels ‘Devil’s Coin’ Book Tour After Death Threats
7.8.2023
An author from Scotland has been targeted for her work to expose one of crypto history’s most notorious Ponzi schemes, Onecoin. Jennifer McAdam recently canceled book signings after receiving death threats for writing about the massive fraud and its ‘Cryptoqueen’ mastermind. Writer Cancels...
Crypto Options Traders Are Still Shorting Bitcoin Volatility
7.8.2023
"Given the absence of big news in August, selling volatility and taking a vacation for solid theta gains is the only thing I can do right now," one trader said. Crypto traders typically short volatility by selling or writing call/put options
Crypto-centered public companies record profit beating Q2 estimates
7.8.2023
The rise in crypto prices, as well as non-trading revenues, became key to profitability for many of these companies
Latam Insights — Honduras Opens Public CBDC Consultation, Venezuela Applies to Enter BRICS
7.8.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Honduras opens a central bank digital currency (CBDC) consultation, Venezuela applies officially to join BRICS, and Trubit launches Pix payment integration...
CoinGecko now has an index for crypto tokens alleged as securities
7.8.2023
According to CoinGecko, nearly $85 billion worth of crypto falls under the category of “alleged SEC securities.”
Weekend Wrap: Celsius’ Mashinsky fraud suit is on, Tether class suit dismissed and more
7.8.2023
The former Celsius CEO has been denied a lawsuit dismissal, Tether celebrates a minor court victory and China vows to crack down on telecoms fraud using crypto and AI
G20 President India Proposes ‘Action Points’ for Implementing Global Crypto Rules
7.8.2023
The Indian Presidency of G20 has put forward proposals for a roadmap to introducing a global regulatory framework for crypto assets. India believes a more coordinated policy will be needed to enforce international standards in the field and adequately minimize associated risks. India’s...
OPNX exchange bids for crypto lender Hodlnaut in Singapore
6.8.2023
If approved, the deal would see a capital injection of nearly $30 million worth of FLEX tokens into Hodlnaut to partially cover creditors' payout and outstanding claims
Coinbase Reports Significant Drop in Consumer Trading Volume Raising Concerns for Crypto Industry
6.8.2023
Coinbase has reported a significant drop in consumer trading volume, which has raised concerns for the crypto industry.
On Thursday, the largest US-based cryptocurrency exchange released its second quarter earnings report, revealing that transaction volume for consumers and institutions...
Russia Recognizes Digital Currencies of Other Nations
6.8.2023
The Russian government has legally recognized digital currencies issued by other nations, local crypto media reported. The respective legislative changes have been made alongside the adoption of a dedicated law regulating the introduction of Russia’s own digital ruble. Amendments Legalizing Foreign...