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Showing posts from May, 2024

Survey: 77% Believe Presidential Candidates Should Be Informed on AI and Crypto

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The Grayscale-Harris Poll survey, conducted in April-May 2024, reveals crucial insights into American likely voters’ views on cryptocurrency and its potential impact on the upcoming presidential election. The survey, involving over 2,000 adults, highlights key trends such as high interest in crypto among young, minority, male, and Democratic voters. Significant findings include 97% of likely […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/gtxcmfU

Global Crypto Ownership Reaches 562 Million: 6.8% of World Population Now Own and Use Digital Currencies

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A new report reveals that 562 million people globally now own digital currencies, an increase from 420 million in 2023, making up 6.8% of the world’s population. Asia is at the forefront of this growth, with North America close behind. Overall, cryptocurrency adoption is rising worldwide, with notable increases seen across all continents. ‘562 Million […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/gtxcmfU

Estonian Nationals Extradited to US for $575M Crypto Fraud

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Two Estonian nationals have been extradited from Estonia to the U.S. to face charges for their roles in “a massive multi-faceted cryptocurrency Ponzi scheme,” according to an announcement by the U.S. Department of Justice (DOJ). Sergei Potapenko and Ivan Turõgin are accused of operating a $575 million Ponzi scheme involving the fraudulent cryptocurrency mining service […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/gtxcmfU

Lawyer Pleads Guilty in $9.5M Crypto Ponzi Scheme — Faces 5 Years in Prison

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David Kagel, a disbarred California attorney, pleaded guilty to orchestrating a cryptocurrency Ponzi scheme that defrauded victims of over $9.5 million. Kagel, 85, promised high returns through artificial intelligence trading bots and falsely claimed to hold $11 million in bitcoin to secure investments. He used his attorney position to instill trust, providing fake letters on […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/3aPJVDB

Companies in Two Capital Markets Reportedly in Negotiations to Implement Microstrategy’s Bitcoin Business Model

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Companies in two capital markets are looking to implement the business model that Microstrategy, led by entrepreneur Michael Saylor, pioneered in the U.S. According to David Bailey, CEO of Bitcoin Magazine, who denied one of these markets to be Korea, these operations are currently in the negotiation stage. More Companies Looking to Adopt Microstrategy’s Bitcoin […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/3aPJVDB

SEC Commissioner Proposes Joint US-UK Digital Securities Sandbox

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U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has proposed a joint US-UK digital securities sandbox. She noted that the U.S. and UK are ideally positioned for this initiative, emphasizing that this collaboration would benefit innovators, regulators, and consumers in both countries. Hester Peirce Pushes for US-UK Collaborative Financial Sandbox U.S. Securities and Exchange […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/3aPJVDB

Security-Focused Crypto ISAC Debuts With Founding Members Including Coinbase, Kraken, Circle

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The Crypto ISAC (Information Sharing and Analysis Center) launches on Wednesday as a 501(c)(6) not-for-profit association dedicated to bolstering security within the cryptocurrency ecosystem. Its founding members include Aleo, Circle, Coinbase, Consensys, Evertas, Fireblocks, Hedera, Kraken, Offchain Labs, Red Balloon Security, Ribbit Capital, Solana Foundation, and Trail of Bits. Its mission is to foster collaboration […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/oV5NJ47

Texas Issues Emergency Cease and Desist Against Arkbit’s Crypto Operations

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The Texas State Securities Board has issued an Emergency Cease and Desist Order against Arkbit Capital and its affiliates, Arkbit Capital Holdings, ABC Holdings LLC, and ABC Mining. These companies were found operating a fraudulent MLM cryptocurrency investment scheme. Promising daily returns of 1.6-2.8% for 120 days on investments between $50 and $49,999, they lured […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/oV5NJ47

Hong Kong’s Grace Period for Crypto Exchanges Ending — Trading Platforms Must Obtain License by June 1

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The Hong Kong Securities and Futures Commission (SFC) has issued a reminder that crypto trading platforms must obtain a license to operate in Hong Kong before the grace period ends on June 1. The regulator warned that operating without a license is a criminal offense and will enforce compliance. Investors are advised to only trade […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/oV5NJ47

Ethereum Futures Open Interest Hits All-Time High Following ETF Approvals

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Ethereum has experienced a significant increase since the U.S. Securities and Exchange Commission (SEC) approved a group of spot ether exchange-traded funds (ETFs). This week, ether reached a high of $3,980 per coin, which is approximately 18.4% below its all-time high. Amid fluctuating prices, ethereum futures markets have achieved a record high in open interest. […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/qX7vVGT

Tokyo-Listed Metaplanet to Buy Additional Bitcoin for Its Treasury

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Metaplanet, a publicly traded corporation listed on the Tokyo Stock Exchange, announced on Tuesday that its board of directors passed a resolution to purchase an additional 250 million yen (approximately $1.6 million) worth of bitcoin. For BTC held for long-term purposes, the company explained that it will record them at cost. Meanwhile, short-term holdings will […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/qX7vVGT

Solana’s Penguiana $PENGU Token Launch On Raydium Surpasses $1M Valuation, Sets Stage For GUIANA NFT Minting

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In a remarkable showcase of growth and enthusiasm, Penguiana, the unique penguin-themed meme coin on the Solana blockchain, has successfully launched its $PENGU token on Raydium. Buy $PENGU here on Raydium. This milestone comes after a highly successful presale, confirming strong investor interest and community support. As the $PENGU token gains traction on the market, […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/qX7vVGT

South Africa’s Regulator Tightens Rules for Crypto Asset Transfers via Latest Directive

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The Financial Intelligence Centre (FIC) has proposed a directive regarding crypto asset transfers. This directive follows the licensing of 75 crypto asset service providers (CASPs) by the Financial Sector Conduct Authority in South Africa. The FIC aims to tighten regulations by requiring CASPs to implement more detailed and stricter requirements for digital transactions. The directive’s […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/xAHYc56

Microstrategy’s Michael Saylor States Spot Ether ETF Approval ‘May Be Better for Bitcoin’

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Michael Saylor, Executive Chairman of Microstrategy, stated that the approval of several spot ether ETF proposals by the U.S. SEC might be good for Bitcoin. In “What Bitcoin Did,” Peter McCormack’s podcast, Saylor stated this approval gives rise to a crypto asset class, including several use cases like tokens, NFTs, and defi, with Bitcoin at […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/xAHYc56

Turkish Parliament Committee to Review Crypto Bill This Week

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The Turkish parliament’s Planning and Budget Committee will discuss a draft law this week that would require crypto asset service providers to obtain licenses and register. This move aims to enhance Turkey’s compliance with the Financial Action Task Force (FATF) standards. In 2021, FATF placed Turkey on its “grey list” due to inadequate oversight of […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/xAHYc56

Study: SRC20 Protocol’s ‘Unmatched Data Permanence’ Makes It a Superior Choice Over BRC20 and Runes

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Although it may be undervalued at present, the SRC20 protocol distinguishes itself among protocols operating on the Bitcoin network due to its unmatched data permanence, a new report has claimed. The study also found that the protocol’s impending cost-reduction upgrade renders it an attractive option for long-term projects and investments. SRC20’s Unmatched Data Permanence According […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/e8MsBOc

Microsoft Invests $70 Million in South Africa for AI Advancement

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Microsoft South Africa (SA) has entered into a $70.5 million artificial intelligence (AI) investment agreement with the Southern African nation’s Department of Trade, Industry, and Competition (DTIC). The investment aims to support the development of black-owned small, micro, and medium enterprises (SMMEs) in both tech and non-tech sectors over the next 10 years. Approximately 200 […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/e8MsBOc

Latam Insights: Venezuela Seizes Over 11,000 Bitcoin Miners, Paraguay Cracks Down on Illegal Bitcoin Mining

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Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Venezuela seizes over 11,000 bitcoin miners to save energy, Paraguay cracks down on illegal bitcoin mining, and Brazil aims to finalize crypto regulations this year. Venezuelan Authorities Announce Bitcoin Mining Ban, Confiscate Over […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/e8MsBOc

Malaysian Authorities Bust Syndicate Accused of Laundering Fraud Proceeds via Cryptocurrency

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Law enforcement officials in Malaysia recently arrested ten individuals linked to a criminal syndicate that allegedly used cryptocurrencies to launder fraudulent proceeds. Assets, including motor vehicles, valued at more than $7.7 million were seized, and bank accounts holding approximately $10.8 million were frozen. Syndicate Accused of Channeling Illegally Acquired Funds into Malaysia Authorities in Malaysia […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/5QKUioX

Indian Citizen Faces 20 Years in US Prison for Stealing Crypto in $37M Coinbase Spoofing Scam

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An Indian national has pleaded guilty in the U.S. to wire fraud conspiracy for stealing over $37 million by spoofing crypto exchange Coinbase’s website. He and his co-conspirators created a fake Coinbase Pro site to steal login credentials and two-factor authentication codes, transferring victims’ cryptocurrency to their own wallets. Guilty Plea in $37M Coinbase Crypto […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/5QKUioX

Major Crypto Exchanges Announce Over 1,200 Job Openings

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Major cryptocurrency exchanges, including Binance, Coinbase, Okx, and Crypto.com, are expanding their workforces, collectively offering over 1,200 job openings. Binance leads this hiring surge with 460 roles, followed by Okx with 414, Crypto.com with 335, and Coinbase with 224. This recruitment drive is fueled by market optimism, particularly surrounding bitcoin and ethereum exchange-traded funds (ETFs), […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/5QKUioX

Decoding FDV: The Importance of Fully Diluted Valuation in Crypto Investments

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In a market where substantial portions of tokens are often locked up, understanding Fully Diluted Valuation (FDV) has become essential for investors looking to better evaluate the current value of cryptocurrency projects, as well as better predict the long-term value and risks associated with them. Introduction to FDV Fully Diluted Valuation (FDV) is an important […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/GB0T9ya

What Is the Howey Test? Understanding Its Role in Crypto Regulation

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This year, with the U.S. Securities and Exchange Commission (SEC) increasing enforcement on businesses accused of offering unregistered crypto securities to American investors, regulators, attorneys, and judges have been utilizing the Howey Test to ascertain whether specific crypto assets constitute an “investment contract” and thereby fall under U.S. securities laws. Below is an in-depth exploration […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/GB0T9ya

P2P Bitcoin Exchange Hodl Hodl Suspends Lending Services for US and UN Embargoed Countries’ Residents

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Hodl Hodl, a non-custodial Bitcoin exchange, has announced changes to its “Terms of Service” agreement affecting the availability of its lending services. The platform is now excluding residents of the U.S. as well as U.N. embargoed countries from its lending platform, citing “regulatory uncertainty” as the reason behind these changes. Hodl Hodl to Exclude US […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/GB0T9ya

Veteran Trader Peter Brandt Warns of ‘Biggest Disasters yet to Come in Crypto’

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Veteran trader Peter Brandt has issued a stark warning about the future of crypto staking, calling it “the biggest disasters yet to come in crypto.” He predicts significant disasters, bankruptcies, and personal financial losses within the sector. His warning followed the approval of spot ethereum exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/GB0T9ya

IMF Calls Zimbabwe’s Gold-Backed Currency an ‘Important Policy Action’

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The International Monetary Fund (IMF) has stated that Zimbabwe’s recently introduced gold-backed fiat currency represents a significant policy step. This is the IMF’s first substantial comment on the currency since its inception. The global lender has reportedly announced plans to send a team in June to evaluate the performance of the new currency. Contrasting IMF […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/OeNGmw5

Federal Reserve Poll Reveals Only 7% Used Cryptocurrency in 2023; Contradicts Coinbase Data

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The “Economic Well-Being of U.S. Households in 2023” survey, prepared by the Federal Reserve and executed by Ipsos, has revealed that only 7% of the people polled held or used cryptocurrency in the U.S. The survey, which included 11,400 respondents, contrasts with the over 52 million U.S. citizens who crypto exchange Coinbase claims hold crypto […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/OeNGmw5

Kelp DAO Secures $9 Million in Private Sale to Boost Defi Expansion

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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 Protocol Kelp DAO Secures $9 million Leading the investment round were SCB […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/OeNGmw5

Hong Kong Regulator: Worldcoin Activities Violated Privacy Ordinance

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The Hong Kong data regulator recently concluded that Worldcoin’s data collection methods and activities violated the region’s “privacy ordinance.” Privacy Commissioner Chung Liling has issued an enforcement notice requesting Worldcoin to cease data collection from Hong Kong residents. Worldcoin’s Excessive Data Collection Methods An investigation by the Hong Kong Office of the Privacy Commissioner for […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/qN48I9Z

South African Prosecutors Set to Pursue Collapsed Pyramid Scheme Co-Conspirators

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South African prosecutors are reportedly investigating co-conspirators of Mirror Trading International and may charge them with fraud or forgery. The declaration of the scheme as unlawful may have strengthened the National Prosecuting Authority’s case against the masterminds of Mirror Trading International. MTI Directors May Face Charges Under the Prevention of Organized Crime Act South Africa’s […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/qN48I9Z

Standard Chartered Predicts Bitcoin Could Hit All-Time High This Weekend

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Standard Chartered’s head of digital asset research, Geoff Kendrick, has predicted a significant rise in bitcoin’s price, potentially surpassing its previous all-time high of $73,798 by this weekend. His optimistic outlook is fueled by the anticipated approval of spot ether exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC), which he believes will […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/qN48I9Z

Zest Protocol Co-founder: Adding New Programming Capabilities Could Propel BTC’s Defi Ecosystem Beyond ETH’s

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According to Tycho Onnasch, co-founder of Zest Protocol, new programming capabilities which can be added to Bitcoin could help the leading crypto asset cancel out Ethereum’s early advantage of being able to deploy decentralized finance (defi) on Layer one (L1). Onnasch argued that once enough Bitcoin Layer two solutions (L2s) are deployed and trusted by […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/wixlfIc

Early Crypto Adopter: Unmatched Privacy of ZK Proofs Outweighs the Technology’s Perceived Disadvantages

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Although zero-knowledge (ZK) proofs are often considered complex to set up, Iva Wisher, co-founder of the Layer two platform Prom, argues that the technology’s unparalleled privacy, faster transaction finality, and overall efficiency outweigh any developmental complexity. Wisher, an early adopter of cryptocurrency, acknowledges that the industry is currently working to address usability concerns associated with […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/wixlfIc

The Bitcoin Policy Institute Launches the Peer-to-Peer Rights Fund to Help Defend Samourai Wallet Founders

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The Bitcoin Policy Institute, a non-profit organization supporting bitcoin initiatives, has launched the Peer-to-Peer Rights Fund, a project seeking to protect bitcoin’s decentralized nature from regulatory overreach. The fund’s first objective is to aid in the defense of the founders of Samourai Wallet given the relevance of the case for the industry. Peer-to-Peer Rights Funds […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/wixlfIc

Kraken Insists It Will Keep USDT Listed in European Markets

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Kraken, a U.S.-based cryptocurrency exchange, insists it will keep USDT listed in European markets as long as regulations regarding stablecoins are not finalized. Mark Greenberg, Global Head of Kraken’s Asset Growth and Management Business, clarified they will “continue to look at all options to offer USDT under the upcoming regime.” Kraken Will Keep Tether’s USDT […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/VzsdrO9

Hong Kong Police Arrest Three in ‘Hell Money’ Cryptocurrency Scam

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Hong Kong police have arrested three men at a currency exchange shop in Tsim Sha Tsui, a major tourist area, for allegedly presenting “hell money” to a customer, leading the customer to transfer approximately HK$1 million ($128,206) worth of cryptocurrency in exchange for cash. The suspects, aged between 31 and 34, were detained on suspicion […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/VzsdrO9

IMF Acknowledges Russian Assets’ Confiscation Might Undermine the World’s Financial System

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The IMF has expressed its concerns about the possible outcome of the confiscation of Russian assets abroad as a consequence of the ongoing military conflict between the nation and Ukraine. Julie Kozack, a spokesperson for the institution, called for these actions to have a proper justification to avoid threatening the world’s financial system. IMF Calls […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/B0HgQS6

Latam Insights: El Salvador Embraces Geothermal Bitcoin Mining, Bitfarms Expands Its Capacity in Paraguay

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Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: El Salvador produced nearly 474 bitcoin using geothermal energy, Bitfarms expanded the capacity of its Paraguayan bitcoin mining facility, and Bitso launched an in-house Web3 wallet. El Salvador Reportedly Mined Nearly 474 BTC […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/B0HgQS6

DTCC Smart NAV Pilot Utilizes Chainlink for Blockchain-Based Mutual Fund Data

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The Depository Trust & Clearing Corporation (DTCC) has announced the successful completion of its Smart NAV pilot, leveraging Chainlink’s technology to enhance its Mutual Fund Profile Service I (MFPS I). The initiative aims to bring trusted data to blockchain ecosystems, facilitating more efficient data dissemination and consumption. Chainlink Boosts DTCC’s Smart NAV Pilot DTCC’s Smart […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/B0HgQS6

Novogratz Predicts Bitcoin Trading Between $55K-$75K This Quarter

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Bitcoin is expected to trade within a narrow range this quarter, according to Michael Novogratz, founder of Galaxy Digital Holdings Ltd. “Bitcoin, ethereum and everything else, solana will consolidate,” he said last week, adding that it means BTC will probably trade “somewhere between $55,000 and $75,000 until the next set of circumstances, the next set […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/B0HgQS6

World Bank to Issue CHF Digital Bond Settled Using Swiss Franc Central Bank Digital Currency

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The World Bank has announced that it will issue its first CHF digital bond on June 11. This 7-year, CHF 200 million ($219 million) bond is the largest CHF issuance by the World Bank since 2009. It utilizes distributed ledger technology and settles using Swiss Franc wholesale central bank digital currency (CBDC) from the Swiss […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/luRYyCQ

US Authorities Arrest Chinese Nationals Allegedly Behind Crypto Scam Network

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An indictment unsealed in the Central District of California charges two Chinese nationals, Daren Li and Yicheng Zhang, with leading a scheme to launder at least $73 million tied to an international crypto investment scam, often known as “pig butchering.” Li and Zhang allegedly managed a global network that laundered proceeds from fraudulent crypto investments, […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/luRYyCQ

Russia and Iran Collaborating on Single BRICS Currency, Iranian Ambassador Says

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Russia and Iran are collaborating on creating a single BRICS currency, the Iranian ambassador to Russia has claimed. He noted that over 60% of the two nations’ bilateral trade is conducted in Russian rubles and rials, reflecting a shift away from the U.S. dollar. Russia-Iran Trade Flourishes With National Currencies Iran and Russia are reportedly […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/luRYyCQ

Binance Aids Taiwan in Busting $6M Crypto Money Laundering Ring

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Binance’s Financial Crimes Compliance Department recently collaborated with Taiwan’s Ministry of Justice Investigation Bureau and the Taipei District Prosecutors Office on a significant cryptocurrency-assisted money laundering case involving nearly NT$200 million (approximately US$6 million). The criminal operation had been laundering money through virtual assets by creating fake customer records and forged identity data. Law enforcement […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/9s5QjMJ

Dolce & Gabbana Sued Over $6,000 NFTs Losing 97% Value

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Dolce & Gabbana USA Inc. faces a lawsuit from a customer who claims the non-fungible tokens (NFTs) he bought for $6,000, which included metaverse outfits, lost 97% of their value due to delivery failures by the luxury fashion house. The complaint, filed in Manhattan federal court, alleges the NFTs were promoted with various digital, physical, […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/9s5QjMJ

‘Big Short’ Investor Michael Burry Goes Hard on Gold, Invests $10 Million in Q1

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Michael Burry, an investor famous for making a fortune by anticipating the 2007 subprime mortgage crisis, made a sizable bet on physical gold. According to regulatory filings, Burry’s Scion Asset Management purchased over 440,000 Sprott Physical Gold Trust units, a closed-end fund that invests and holds its assets in physical gold bullion. Big Short’s Investor […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/9s5QjMJ

Block Subsidiary, TBD, Partners With Chipper Cash for Quicker, More Affordable Remittances

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TBD, a subsidiary of Block, owned by Jack Dorsey, has formed a partnership with Chipper Cash, an Africa-focused fintech company. This partnership aims to expedite consumer remittances and make them more affordable. According to a statement, Chipper Cash plans to use the decentralized exchange protocol of TBD. This will enable trusted transactions that comply with […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/OUEnHPw

Legendary Investor Tim Draper Leads Bitcoin Lending Protocol Zest’s $3.5 Million Seed Round

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Draper Associates, the VC firm led by the legendary investor Tim Draper, has led the $3.5 million seed round of Zest Protocol, a Stacks-based Bitcoin lending market. The round, which also had the participation of Binance Labs, Flow Traders, Trust Machines, and others, seeks to allow bitcoin holders to put their capital to use using […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/OUEnHPw

Juno Addresses Banking Service Disruption — ‘This Is Outside Our Control’

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Juno Finance acknowledges the disruption in banking services and is collaborating with its brokerage and banking service providers, Synapse and Evolve Bank & Trust, to restore full service as soon as possible. Juno is a financial platform that integrates checking and savings accounts with cryptocurrency trading. “Currently, Evolve Bank & Trust has frozen all card […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/OUEnHPw

DOJ’s Unlawful Interpretation Threatens Bitcoin and Crypto Innovation, Lawmakers Warn

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Two U.S. senators have criticized the Department of Justice (DOJ)’s new interpretation of “money transmission,” which extends requirements to non-custodial software, citing concerns over its impact on crypto networks and financial innovation. “I’m concerned the DOJ’s interpretation would treat software developers as criminals for merely writing and publishing code used by others,” one of the […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/OUEnHPw

US Lawmakers Urge Treasury Action on Russian Crypto Exchange Sanctions Evasion

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U.S. Congressman Gabe Amo (D-RI), along with Congressmen Brad Sherman (D-CA) and Gerald E. Connolly (D-VA), sent a letter to U.S. Treasury Secretary Janet Yellen regarding the Moscow-based cryptocurrency exchange Garantex. They expressed concerns that Garantex is reportedly facilitating sanctions evasion and funding Russia’s invasion of Ukraine. The letter cited reports indicating that $20 billion […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/28WgZTu

Oasys Partners With SBI Group’s SBINFT Market to Boost Crypto Gaming in Japan

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Oasys, a blockchain network focused on gaming, has partnered with SBINFT Market, an NFT platform operated by a subsidiary of the Japanese financial conglomerate SBI Group, to expand the crypto gaming sector in Japan. The collaboration will allow developers on the Oasys platform to sell NFTs through the SBINFT Market, which now supports Oasys’ Hub-Layer […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/28WgZTu

Bitfarms Terminates CEO Geoffrey Morphy, Faces $27 Million Lawsuit

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Bitfarms Ltd., a global bitcoin mining company, has announced the immediate termination of Geoffrey Morphy as president and CEO, along with his removal as a director. Following his dismissal, Morphy filed a lawsuit against the company, seeking $27 million in damages for alleged breach of contract and wrongful dismissal. Bitfarms is set to defend against […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/28WgZTu

Metaplanet Unveils ‘Bitcoin-First’ Strategy to Face Japan’s Economic Weakness

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Metaplanet, a Tokyo-listed public company, has unveiled a “bitcoin first” strategy to combat the Japanese economy’s weakness and the yen’s devaluation. In a document shared on social media, the company stated it will adopt bitcoin as a reserve asset, taking advantage of the available possibilities for increasing its holdings. Metaplanet Announces Bitcoin First Approach, Unveils […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/cC9eqSN

Billionaire Peter Thiel’s Venture Capital Firm Leads Polymarket’s $45 Million Series B Funding Round

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Billionaire Peter Thiel’s Founders Fund recently led the Series B funding round for the crypto-based prediction markets platform, Polymarket, which raised $45 million. The latest round valued Polymarket lower than the $1 billion it had anticipated before the Commodity Futures Trading Commission proposed a ban on events betting contracts. CFTC Seeks to Clamp Down on […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/cC9eqSN

From Historic Banking Family to BTC — Rothschild-Linked Firm Invests in Bitcoin ETFs GBTC and IBIT

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According to a recent earnings filing, Edmond de Rothschild Holding S.A., a private banking and asset management entity linked with the distinguished Rothschild banking family from France, holds shares in Grayscale’s GBTC and Blackrock’s IBIT. Edmond de Rothschild Holding’s 13F Filing Reveals Investment in Grayscale and Blackrock Bitcoin ETFs For years now, speculative discussions on […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/cC9eqSN

Report: Russian Authorities Propose Steep Fines for Crypto Miners Operating in Residential Apartments

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Russian authorities have reportedly proposed to impose hefty fines on suspected crypto miners operating from residential properties. Authorities may also consider including amendments to the Code of Administrative Offenses which imposes liability on those misusing electricity. Proposed Measures Aimed at Curbing Rising Power Outage Cases Authorities in Russia have signaled their intention to pursue private […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/fPRosH3

Latam Powerhouse Crypto Exchange Bitso Launches Web3 Wallet

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Bitso, the Mexico-based, Latam-focused cryptocurrency exchange, recently launched its own Web3 wallet, targeting the decentralized finance (defi) ecosystem. The idea behind this new product is to ease the onboarding of Bitso’s customers into this landscape, allowing them to dabble in non-fungible tokens (NFTs), decentralized exchange, and other services from a trustable platform. Bitso Launches Web3 […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/fPRosH3

Binance Kazakhstan Secures ISO Certifications for Security and Privacy

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Binance Kazakhstan has been awarded the ISO 27001 and ISO 27701 certifications, marking significant recognition for its robust information security and privacy management systems. These certifications, issued by the British Standards Institution after a thorough audit, affirm Binance’s compliance with the highest industry standards. The achievement emphasizes the platform’s dedication to maintaining a secure and […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/fPRosH3

Investment Firm Franklin Templeton: Base to Lead Ethereum L2 Sector, Powered by Socialfi

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Franklin Templeton, a global investment behemoth, has praised the development and growth of Base, the Coinbase-incubated Ethereum L2. On social media, the company declared that Base had “hit a home run” due to its popularity with meme coins and socialfi applications, including the pioneering app in the space, Friend.tech. Franklin Templeton Praises Base’s Performance, Comments […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/5kRjWhc

Philippine Central Bank Approves Peso-Pegged Stablecoin for Faster Remittances

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The Bangko Sentral ng Pilipinas, the central bank of the Philippines, has approved PHPC, a stablecoin pegged to the Philippine peso, aimed at facilitating cost-effective remittances. Crypto exchange Coins.ph, the stablecoin issuer, plans to attract 20,000 to 30,000 users in the first month. The PHPC will be the first peso-backed stablecoin available for retail use, […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/5kRjWhc

Nigerian Experts Say Past Central Bank Policies Drove Users to P2P Crypto Platforms

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Stakeholders in Nigeria’s cryptocurrency sector argue that the Central Bank of Nigeria’s previous decision to exclude cryptocurrency entities from the banking ecosystem has fueled the growth of peer-to-peer crypto trading. Nigerian authorities are reportedly seeking to ban peer-to-peer crypto trading. One stakeholder has urged participants in the Nigerian crypto space to ‘identify the bad actors […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/YLjO8nT

Bank of Canada Governor Warns of ‘Sharp Correction’ Risks in Markets and ‘System-Wide Stress’

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In his speech on the release of the Financial Stability Report, Tiff Macklem, Governor of the Bank of Canada, sought to emphasize the purported strength of Canada’s financial system while cautioning against ongoing risks that could precipitate a “sharp correction” in markets, potentially leading to widespread financial strain. “Some indicators of financial stress have risen,” […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/YLjO8nT

Ark Invest Removes Staking Option From Latest Ethereum ETF Proposal

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Ark Invest and 21shares have revised their proposal for a spot ethereum exchange-traded fund (ETF), removing previously included options for staking. This change marks a significant pivot from their earlier filings, which had contemplated engaging trusted staking providers to manage part of the trust’s assets. Ark Invest and 21shares Modify Ethereum ETF Proposal, Omit Staking […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/YLjO8nT

South African Fintech Startup Leseka Tech Signs Deal to Buy Payments Provider for $86M

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Lesaka Technologies, a fintech startup based in South Africa, recently signed a deal to acquire Adumo, a payment solutions provider, for nearly $86 million. Under the terms of the agreement, Lesaka Technologies will pay Adumo $12.5 million in cash. The funds will be sourced both internally and from external financiers. Lesaka Technologies to Issue Shares […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/YLjO8nT

India Approves Crypto Exchanges Binance and Kucoin as Registered Virtual Asset Service Providers

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Cryptocurrency exchanges Binance and Kucoin have successfully registered with India’s Financial Intelligence Unit as Virtual Asset Service Providers (VASPs), a top official has reportedly confirmed. Both crypto exchanges were previously banned in India due to violations of the country’s anti-money laundering regulations. Kucoin and Binance Registered With FIU India The Financial Intelligence Unit – India […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/NmAscR6