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UAE Agriculture Authority Bans Cryptocurrency Mining on Farms
24.5.2024
The Abu Dhabi Agriculture and Food Safety Authority, United Arab Emirates (UAE), has issued a new advisory prohibiting the use of farms for cryptocurrency mining.
The post UAE Agriculture Authority Bans Cryptocurrency Mining on Farms appeared first on Cryptonews
U.S. Credit Unions Adopt Tokenization of Real World Assets
24.5.2024
Credit Unions in the U.S. are starting to use blockchain and tokenization to automate business processes, but regulatory challenges remain.
The post U.S. Credit Unions Adopt Tokenization of Real World Assets appeared first on Cryptonews
FTX Group Paid $25 Million In Settlement To Whistleblowers Before Collapse
24.5.2024
Sam Bankman-Fried’s FTX Group paid over $25 million in hush money to seven whistleblowers before the doomed crypto exchange collapse in November 2022, an independent examination released Thursday has found. The report's release comes just days before former FTX executive Ryan Salame is set to...
Onchain Fees for Bitcoin Drop to Six-Month Low
24.5.2024
Bitcoin transaction fees have reached their lowest point since early November 2023, roughly six months ago. The average fee is now about $2.77 per transaction, with low-priority to high-priority transfers costing between $0.38 and $0.95 per transaction on May 24. Bitcoin Transfer Fees Reach Lows...
Yes, PR Does Still Matter in Blockchain, Despite Balaji’s Advice
24.5.2024
MultiversX Bridge extends support to Bitcoin and Ethereum
24.5.2024
Ethereum and Bitcoin on MultiversX are transferable at lightning speed and can be used in decentralized applications. It is wonderful to note that both Ethereum and Bitcoin, the most popular digital commodities, are supported by the MultiversX Bridge. Bitcoin and Ethereum can take advantage...
Ex-Kansas Bank CEO Pleads Guilty to Embezzling $47M in Crypto Scheme
24.5.2024
Now-failed Heartland Tri-State Bank CEO Shan Hanes squandered millions in cryptocurrency, leading to the bank’s failure in July 2023.
The post Ex-Kansas Bank CEO Pleads Guilty to Embezzling $47M in Crypto Scheme appeared first on Cryptonews
Court Rules Influencer Ian Balina Violated Securities Laws Promoting SPRK Tokens
24.5.2024
A Texas district court has found crypto inflluencer Ian Balina guilty of violating U.S. securities laws by promoting and selling SPRK tokens without proper disclosure.
The post Court Rules Influencer Ian Balina Violated Securities Laws Promoting SPRK Tokens appeared first on Cryptonews
Algorand causes a stir with new ad bashing Bitcoin, Ethereum and Solana
24.5.2024
The Algorand Foundation’s latest ad takes a swipe at the “big three” crypto networks, saying they're too slow, too expensive or prone to failure
SEC’s ETF nod could bring ‘ETH season’ if 3 key indicators hold
24.5.2024
Three key indicators suggest the possibility that ETH could surpass its all-time high, according to a crypto trader
US House Votes to Block Federal Reserve’s Digital Dollar Plans
24.5.2024
The US House on Thursday approved a bill that prohibits the Federal Reserve from issuing a digital dollar, or central bank digital currency (CBDC), without explicit authorization from Congress.
The post US House Votes to Block Federal Reserve’s Digital Dollar Plans appeared first on Cryptonews
Kelp DAO Secures $9 Million in Private Sale to Boost Defi Expansion
24.5.2024
Kelp DAO, a liquid restaking platform, has completed a private funding round, amassing $9 million to propel its growth in the decentralized finance (defi) sector. The funding aims to enhance the platform’s capabilities and expand into new ecosystems, including Solana and Bitcoin. Restaking...
South Korean Police Arrest 19 in ‘Reading Room’ Crypto Fraud Bust
24.5.2024
South Korean police have arrested 19 people on fraud charges in a swoop on a social media “crypto reading room.”
The post South Korean Police Arrest 19 in ‘Reading Room’ Crypto Fraud Bust appeared first on Cryptonews
Detained Binance Executive Tigran Gambaryan Collapses During Money Laundering Trial in Nigeria
24.5.2024
Tigran Gambaryan, a detained executive of cryptocurrency exchange Binance, collapsed in court due to alleged ill health during his ongoing money laundering trial in Nigeria.
The post Detained Binance Executive Tigran Gambaryan Collapses During Money Laundering Trial in Nigeria appeared first...
What’s Happening In Crypto Today? Daily Crypto News Digest
23.5.2024
In crypto news today:
Why is crypto down today?
Elixir Games Acquires RoboKiden and Partners with Ava Labs
Spark Launches Stablecoin Savings Solution on Gnosis Chain
The post What’s Happening In Crypto Today? Daily Crypto News Digest appeared first on Cryptonews
Coinbase Re-Introduces XRP Trading for New York Customers
23.5.2024
Coinbase is reintroducing support for XRP in New York, allowing residents to buy and sell the cryptocurrency on its platform once again.
The post Coinbase Re-Introduces XRP Trading for New York Customers appeared first on Cryptonews
Bybit CEO Denies Rumors of Hack and Insolvency Amid Social Media Frenzy
23.5.2024
Speculations regarding Bybit's potential hack or insolvency sparked concerns within the crypto community, prompting CEO Ben Zhou personally to step in to refute these claims.
The post Bybit CEO Denies Rumors of Hack and Insolvency Amid Social Media Frenzy appeared first on Cryptonews
Prosecutors Push 5-7 Year Sentence For FTX Exec Ryan Salame
23.5.2024
U.S. prosecutors are pushing for a 5 - 7 year sentence for former FTX executive Ryan Salame on charges stemming from his time at Sam Bankman-Fried’s doomed crypto exchange, a new court filing reveals. Salame is the first executive of the exchange outside of Sam Bankman-Fried to be formally...
ESET And Dutch Police Uncover Ebury Botnet’s Crypto Theft Operation
23.5.2024
The Dutch authorities and Slovakian cybersecurity company ESET discovered a significant cryptocurrency theft connected to the infamous Ebury botnet. This botnet poses a serious threat to the industry because it has hacked more than 400,000 systems in the last 15 years.
The post ESET And Dutch...
Blockchain Technology Helps Enable Reusable KYC Solutions
23.5.2024
Reusable KYC solutions are gaining traction and blockchain technology can ensure that users own their data and private information.
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