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Defiance ETFs Files For 2X Leveraged ETH Futures ETF
9.4.2024
This ETH futures ETF offers investors extra juicy returns – though they may lose money if ETH isn’t going up fast enough.
The post Defiance ETFs Files For 2X Leveraged ETH Futures ETF appeared first on Cryptonews
Detained Binance Executive Pleads Not Guilty; Nigerian Judge Sends Him to Prison
8.4.2024
The Binance executive detained by Nigerian authorities for nearly six weeks has pleaded not guilty to charges of money laundering. Binance expressed deep disappointment that Tigran Gambaryan, who holds no decision-making power within the company, remains in detention. Judge Dismisses Tigran...
DigiFT Unveils USD Money Market Token for on-chain investment!
8.4.2024
DigiFT, the breakthrough on-chain Real World Asset (RWA) exchange authorized by the Monetary Authority of Singapore (MAS), announces the publication of the DR2 RWA token, the latest-generation product. The Digital Assets Financial Trust Company (DAFTR) is launching a new token, the DigiFT USD Money...
Detained Binance Exec Pleads Not Guilty to Money Laundering Charges in Nigeria: Reports
8.4.2024
Tigran Gambaryan was remanded pending trial, reports say
Binance Executive Pleads Not Guilty to Money Laundering Charges in Nigeria
8.4.2024
Detained Binance executive Tigran Gambaryan has pleaded not guilty to four counts of money laundering charges in Nigeria.
The post Binance Executive Pleads Not Guilty to Money Laundering Charges in Nigeria appeared first on Cryptonews
Costa Rica Mulls on Legal Use of Bitcoin for Daily Transactions: Report
8.4.2024
Costa Rica's new crypto legislation would “compromise the ability to freely use Bitcoin as money for day-to-day transactions.”
The post Costa Rica Mulls on Legal Use of Bitcoin for Daily Transactions: Report appeared first on Cryptonews
Is Wormhole About to Crash? W Price Drops 18% as Whale Money Shifts to Slothana
5.4.2024
Wormhole’s W token is down 18% in the last 24 hours, barely two days after listing on Binance, according to data by CoinGecko. The losses come amidst a broader market pullback that has shaved 2.2% off the price of Ethereum (ETH), the world’s second-largest cryptocurrency by market...
PayPal Enables No-Fee Cross-Border Transfer Using Native Stablecoin PYUSD
5.4.2024
PayPal's feature enables users to convert PYUSD stablecoin to USD and use it to send money to recipients in 160 countries globally.
The post PayPal Enables No-Fee Cross-Border Transfer Using Native Stablecoin PYUSD appeared first on Cryptonews
KuCoin Market Share Plunges By 50% Amid Legal Tussle With US Authorities
4.4.2024
Due to large money outflows, KuCoin's market share has significantly decreased, going from roughly 6.5% to less than 3%. This is in line with an April 2 Kaiko data release. The decrease in market share coincides with a lawsuit that was launched on March 26 against the Commodity Futures Trading...
The Protocol: Using the Money Printer
3.4.2024
If you have the money printer – as is the case for many of the blockchain projects with the power to create their own digital tokens – why wouldn't you use it? PLUS: Vitalik Buterin riffs on meme coin and Ethereum's new "blob market."
Binance Appoints Board of Directors for First Time in Effort to Rebuild Reputation Following Legal Troubles
2.4.2024
Binance has named a board of directors for the first time, aiming to reshape its image following last year's guilty plea to US charges of anti-money laundering and sanctions violations.
The post Binance Appoints Board of Directors for First Time in Effort to Rebuild Reputation Following Legal...
Bitget Simplifies Crypto Purchases in India, UAE, Mexico with OnRamp Money Partnership
2.4.2024
Crypto exchange Bitget on Tuesday announced a partnership with payment solutions provider OnRamp to streamline the conversion of fiat money into cryptocurrencies.
The post Bitget Simplifies Crypto Purchases in India, UAE, Mexico with OnRamp Money Partnership appeared first on Cryptonews
USDT OTC ‘Thieves’ Arrested in South Korea’s Gangnam District
2.4.2024
Police in Gangnam, an affluent district of Seoul, South Korea, have arrested 10 people accused of stealing money in a bogus USDT OTC trade.
The post USDT OTC ‘Thieves’ Arrested in South Korea’s Gangnam District appeared first on Cryptonews
Polygon stuck as people lose trust in MATIC and ZK.Money
1.4.2024
Polygon has been in the news the last week with their new Napoli upgrade and bidding farewell to the Mumbai testnet. Matic raised USD 5.6 million in April 2019, with a 310% ROI estimated for August 2022. Private ventures like Decentraland, Zebi, and Parsec Labs have invested in the project....
Tornado Cash Developer Challenges Charges, Files Motion to Dismiss with Legal Arguments
31.3.2024
Roman Storm, co-founder of the cryptocurrency mixer Tornado Cash, has submitted a motion to dismiss all three charges against him, claiming that he did not operate a money laundering business and did not violate the International Emergency Economic Powers Act.
The post Tornado Cash Developer...
Robert Kiyosaki Urges Ditching US Dollar for Bitcoin — Warns Boomers’ Retirements Going Broke as Paper Assets Crash
31.3.2024
Rich Dad Poor Dad author Robert Kiyosaki has urged investors to ditch the U.S. dollar and buy bitcoin alongside gold and silver. He warned that “baby boomers’ retirements are going broke as paper assets crash.” The famous author stressed: “I do not trust anything that...
Peter Schiff Warns of Severe Economic Repercussions, Highlights Inflation and Money Supply Concerns
30.3.2024
In a recent analysis, economist Peter Schiff draws stark comparisons between the current U.S. economic optimism and the prelude to the 2008 financial crisis. Schiff, leveraging his expertise, warns of impending financial turmoil, emphasizing the critical role of money supply in understanding...
Fewer Than 30% of Jurisdictions Globally Have Started Regulating Crypto: FATF Chief
28.3.2024
Globally, less than 30% of jurisdictions have started regulating the crypto sector as of June 2023, the Financial Action Task Force (FATF) President T. Raja Kumar told CoinDesk in an interview from Singapore
Russian Government, Central Bank ‘Come to Consensus on Crypto’
28.3.2024
Russian government bodies, the nation’s anti-money laundering agency, and the Central Bank have reportedly “come to a consensus” on crypto policy.
The post Russian Government, Central Bank ‘Come to Consensus on Crypto’ appeared first on Cryptonews
KuCoin vows normalcy after US money laundering charges
27.3.2024
KuCoin and its founders have been charged with major violations in the US, putting a dent in its image after Damian Williams put forward the details of the charges. The US Attorney in the Southern District of New York said that KuCoin and Chun Gan & Ke Tang were operating without following...