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Former Bank CEO Sentenced to Prison for $47M Crypto Fraud Leading to Bank Collapse
21.8.2024
The former CEO of failed Heartland Tri-State Bank was sentenced to over 24 years in prison for embezzling more than $47 million in a fraudulent crypto scheme that caused the bank’s collapse. He funneled the stolen funds into cryptocurrency wallets linked to a “pig butchering”...
Nigeria’s SEC Denies Issuing Provisional Crypto Licenses
21.8.2024
Nigeria’s Securities and Exchange Commission (SEC) has announced that it has not yet issued any crypto licenses, contrary to some reports. The SEC plans to start issuing licenses for digital services and tokenized assets in August 2024. This move follows increased scrutiny of crypto exchanges and...
Arizona crypto PAC-backed candidate ekes out narrow victory after recount
20.8.2024
Democratic candidate Yassamin Ansari, supported by more than $1 million in crypto Super PAC funds, claimed victory in an Arizona congressional primary
US regulator fines crypto fund $150K for illicit Bitcoin loan
20.8.2024
It’s part of the fallout from the industry-wide liquidity crunch triggered by FTX in 2022.
Polymarket Odds Suggest 81% Chance of RFK Jr. Exiting 2024 Race as Shanahan Hints at Trump Alliance
20.8.2024
Based on Polymarket odds, Robert F. Kennedy Jr., a 2024 independent presidential candidate, has a 81% probability of exiting the race after his running mate, Nicole Shanahan, hinted that their campaign might align with former President Donald Trump. On Tuesday, the odds of Kennedy withdrawing...
Crypto-backed Candidate Ansari Narrowly Wins Arizona Primary By 39 Votes
20.8.2024
Another crypto fan is likely to arrive in Congress next year, with Yassamin Ansari winning her Democratic primary race in Arizona by a scant 39 votes, a result confirmed Tuesday after an automatic recount
How Will Hamster Kombat and Crypto.com Enhance Payments?
20.8.2024
Hamster Kombat and Crypto.com have recently released a new metal card that improves payment options and convenience. This…
Tether to Launch USDT Stablecoin on Aptos Blockchain
20.8.2024
Tether, the issuer of USDT, the largest dollar-pegged stablecoin in the crypto market, has announced the launch of its star product on Aptos, a scalable and rapid blockchain. Tether seeks to offer rails with “extremely low gas fees” for USDT users, opening opportunities for...
AI Depin Project Grass Concludes Closed Beta and Outlines Airdrop Details
20.8.2024
Grass, a depin AI web crawling project, has announced the end of its closed beta phase and outlined the requirements that users must fulfill to be eligible for an upcoming airdrop. The project announced that it will provide more details about the distribution of its token rewards, but that weighted...
German BaFin regulator cracks down on crypto ATMs
20.8.2024
According to Coin ATM Radar, there are currently 38,725 crypto ATMs worldwide, with a vast majority located inside the United States
Russian Finance Minister Discloses That Over 90% of Bilateral Trade With China Is Settled Outside the U.S. Dollar System
20.8.2024
Anton Siluanov, the Russian Finance Minister, pointed out that a majority of the bilateral trade with China is being conducted outside the U.S. dollar system. He stressed that over 90% of these transactions have been completed using national currencies (rubles and yuan) due to the risks associated...
Report: Donald Trump Considers Elon Musk for Cabinet Role
20.8.2024
Former President Donald Trump outlined his potential policies if elected in 2024 in a recent interview with Reuters.…
China Tightens Grip on Crypto Games Amid AML Lockdown
20.8.2024
According to the latest developments, China is tightening its grip on crypto. The Supreme People’s Court and the…
Nigeria’s SEC to License Crypto Issuers Amid Growing Adoption
20.8.2024
The Nigerian Securities and Exchange Commission (SEC) will grant licenses to virtual assets service providers such as cryptos…
DTX Exchange: A 10x Crypto Opportunity While ADA and AVAX Plummet
20.8.2024
DTX Exchange (DTX) has emerged as one of the best projects in 2024, with new updates scheduled for…
Binance Security Saves Millions from Crypto Fraud
20.8.2024
Binance prevented over $2.4 billion in fraud losses in 2024 and saved over 1.2 million users. The company’s…
Beat crypto airdrop bots, Illuvium’s new features coming, PGA Tour Rise: Web3 Gamer
20.8.2024
Illuvium founder asks: Where are all the new Web3 Games? NFT allowlist to eliminate gaming bots, official PGA golf tour game. Web3 Gamer
Nigeria Plans to Introduce Crypto Licensing Process: Bloomberg
20.8.2024
The SEC wants to issue its first licenses for digital service and tokenized assets as early as this month
Meme Coin Prices Bounce Back as Crypto All-Stars Raises Over $500K in Presale
20.8.2024
Meme coins have bounced back, with Dogecoin and co shaking off the bearishness and posting solid gains in the past day. However, it’s the new project Crypto All-Stars that’s stealing the show – nearing the $600,000 milestone in its much-hyped presale phase. Meme Coins Bounce...
Nigerian SEC to issue crypto platform licenses as market size grows: Report
20.8.2024
In June, the SEC updated its regulations to better oversee cryptocurrency platforms and exchanges and improve monitoring of digital asset trading