crypto
Hong Kong's Crypto Licensing Faces Hurdles as 11 Exchanges under Review
- The SFC found issues in several platforms, including cybersecurity and reliance on executives for asset custody.
- Full licenses are expected by late 2024, but non-compliant firms may face rejection.
Thursday, 22/08/2024 | 09:46 GMT by
Tareq Sikder
BC.GAME Unveils Coco Rush: A New Mini-App Game on Telegram
- Coco Rush aligns with the increasing popularity of tap-to-earn games on Telegram.
Thursday, 22/08/2024 | 08:26 GMT by
FM
Kamala Harris Tries to Woo Crypto, But Is It All Just Political FOMO?
- Kamala Harris's recent focus on crypto has sparked debate about her true intentions.
- Industry insiders remain skeptical of Harris's crypto ambitions, why is she doing it?
- Harris's efforts to engage the crypto community are met with mixed reactions.
Wednesday, 21/08/2024 | 13:40 GMT by
Louis Parks
Nigeria Prepares to Regulate Crypto in New Licensing Plan: Report
- The new regulatory framework aims to address past issues, such as the ban on banks facilitating crypto transactions.
- This step follows concerns over currency manipulation impacting the naira.
Tuesday, 20/08/2024 | 16:42 GMT by
Jared Kirui
From Bitcoin to Bibles—Donald Trump and His Surprising Portfolio
- Trump's portfolio includes unconventional sources like NFT sales and Bible royalties.
- Strangely, Trump has made $300,000 from sales of the Greenwood Bible.
- Once a crypto critic, the presidential hopeful now owns millions in crypto.
Monday, 19/08/2024 | 08:41 GMT by
Louis Parks
NovaTech’s $650 Million Crypto Fraud
- SEC charges NovaTech and its founders with a $650 million crypto Ponzi scheme.
- NovaTech lured in 200,000 victims, but most funds went to earlier investors and promoters.
- The scandal is a harsh reminder of the risks and frauds plaguing the crypto industry.
Wednesday, 14/08/2024 | 08:00 GMT by
Louis Parks
Binance.US Faces Setback as Appeals Court Validates HEX Token Manipulation
- Ninth Circuit disagrees with district court, finds valid claims in HEX price manipulation case.
- Binance.US and CoinMarketCap face renewed legal scrutiny after appeals court ruling.
Tuesday, 13/08/2024 | 07:13 GMT by
Tareq Sikder
FCA Identifies Compliance Issues in Crypto Firms: Failures in Financial Promotions
- The FCA found mixed results, with some firms meeting standards while others failed to comply.
- Firms need to enhance their systems and controls to avoid regulatory consequences.
Wednesday, 07/08/2024 | 09:58 GMT by
Tareq Sikder
CoinShares' Q2 2024 Record Revenues Overshadowed by £22M FlowBank Impairment
- CoinShares reported doubled revenue, but faced a significant setback due to FlowBank's bankruptcy.
- On a positive note, the company completed the sale of its FTX claim, achieving a 116% recovery rate.
Tuesday, 06/08/2024 | 06:52 GMT by
Damian Chmiel
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