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Binance Wins Operational License in Dubai


Binance, the world's largest cryptocurrency exchange, has won a licence to operate in Dubai after meeting pre-conditions set since receiving a preparatory licence in September 2022

UK Court Slaps Telecoin Crypto Scam Masterminds With 6-Year Jail Terms


Two masterminds of the Telecoin cryptocurrency scam will each serve more than six years in jail after a court in the United Kingdom found them guilty of fraud. According to Lee Parish, the detective chief inspector, the duo used the allure of crypto investment to dupe prospective investors....

$20 Million Crypto Mining Farm to Be Built at Hydropower Plant in Kyrgyzstan


Kyrgyzstan intends to build a new facility for cryptocurrency mining at one of the country’s hydroelectric stations. The project aims to minimize the power plant’s electricity losses by utilizing its full generating capacity that currently exceeds that of the transmission network. Kyrgyzstan...

Curve Finance Exploit Puts $100M+ Worth of Crypto at Risk; CRV Token Tumbles


Curve, a stablecoin exchange at the heart of decentralized finance (DeFi) on Ethereum, has been the victim of an exploit according to a tweet from the project. Upwards of $100 million worth of cryptocurrency are at risk due to a “re-entrancy” bug in Vyper, a programming language used to power parts...

Crypto․com Granted Registration Approval in the Netherlands


Digital asset exchange Crypto․com has been approved for registration as a crypto service provider in the Netherlands. The regulatory nod comes after a review of its business operations and compliance with the Dutch anti-money laundering legislation, the company pointed out. Trading Platform...

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