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Crypto
Europe's Economic Crossroads: Recession Fears and S&P Global's
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CryptoCurrency
In Its De Facto War on Crypto, Regulatory Rulemaking Isn't the SEC's Priority
2024-06-06T16:43:15.339+02:00
The SEC under Gary Gensler has focused on enforcement actions.
US crypto regulation lags behind the EU, UK and Singapore.
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CryptoCurrency
Robinhood Ventures Into Institutional Crypto Space with Bitstamp Buyout
2024-06-06T13:30:58.520+02:00
The $200 million acquisition is anticipated to conclude in the first half of 2025.
The acquisition hinges on regulatory approval and customary conditions for closure.
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CryptoCurrency
Lawsuit Filed as Investors Seek to Reclaim Lost Assets in JPEX Scandal
2024-06-06T10:28:18.658+02:00
Two individuals sued crypto exchange JPEX to recover over HK$1.85 million.
The JPEX case led to 73 arrests, prompting calls for expedited investigations.
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CryptoCurrency
Binance Seeks to Throw Out Major Part of $12.8 Billion London Lawsuit
2024-06-05T18:51:42.524+02:00
A London lawsuit accuses Binance, Kraken, and others of anti-competitive behaviour in delisting BSV.
The suit, with 200,000 BSV owners, alleges delisting hindered BSV from major status, seeking damages up to 9 billion pounds.
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CryptoCurrency
Ouinex Secures $5M in Private Funding during Paris Event
2024-06-05T16:30:00.000+02:00
The firm raised funds privately, with the latest round bringing in $1 million.
The recent fundraising saw contributions from its 50,000-member community.
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CryptoCurrency
Overcoming Siloed Liquidity: Interoperability's Impact on Digital Assets
2024-06-04T11:47:19.639+02:00
Projections suggest the tokenized asset market could reach $16.1 trillion by 2030.
Web3 needs an interoperable layer to function effectively, like the internet's World Wide Web.
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Payments
Bitpanda Partners with Deutsche Bank for Real-Time Payments in Germany
2024-06-04T10:52:32.197+02:00
The collaboration enables seamless transactions through an API-based account solution.
Deutsche Bank is Bitpanda’s Hausbank for cross-currency solutions in Austria, Spain.
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CryptoCurrency
OKX Extends to Netherlands Offering Crypto Wallet and Exchange
2024-06-03T12:06:25.847+02:00
Dutch customers can spot trade and convert over 150 cryptos including 60 crypto-Euro pairs.
The company holds a crypto service provider registration with De Nederlandsche Bank.
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FinTech
Mercuryo and Trust Wallet Partner to Offer Crypto-to-Fiat Conversion
2024-06-03T11:00:00.000+02:00
The off-ramp service by Mercuryo and Trust Wallet bridges Web3 and Web2.
Available in 135 countries, it allows users to convert over 30 cryptos into USD or EUR.
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CryptoCurrency
SFC Issues New Crypto Regulations: 2 Platforms Licensed, 17 Await Approval
2024-06-03T10:44:08.918+02:00
As of June 1, OSL Digital Securities and Hash Blockchain are licensed crypto trading platforms.
Several crypto exchanges, including OKX and Gate.hk, are ceasing operations in Hong Kong.
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CryptoCurrency
Tether Throws Hat in Ring with $100 Million Bitdeer Investment
2024-05-31T17:34:58.678+02:00
The investment includes an option for an additional $50 million in shares within a year.
The ownership percentage remains undisclosed, with Bitdeer's share value increasing by 6.5% post-announcement.
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CryptoCurrency
$18 Billion in Crypto Moves to New Risky Re-Staking Platforms
2024-05-31T10:47:29.994+02:00
Re-staking, led by EigenLayer, is gaining popularity as crypto prices surge.
It lets holders earn multiple yields by re-staking tokens from their staked assets.
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CryptoCurrency
Texas Regulator Halts Alleged Crypto Cloud Mining Scheme
2024-05-29T13:01:48.544+02:00
Payment processor used despite jurisdiction restrictions; account holder located outside the claimed base.
Manipulated media, including CEO video at conference, were cited; no evidence of presence was found.
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CryptoCurrency
Post-Zhao Era: Binance France Swaps Ownership amid Regulatory Pressures
2024-05-28T19:07:12.045+02:00
The move aims to secure the firm’s position in France ahead of MiCA regulations.
Yulong Yan, and Lihua He each hold an equal share in Binance France.
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CryptoCurrency
HTX Surpasses Coinbase with $2.4 Billion Spot Trading Volume Surge
2024-05-28T12:27:12.847+02:00
The firm now ranks among the leading exchanges, trailing Binance, Bybit, OKX, and Gate.io.
Coinbase's exchange volume decline aligns with ongoing US legal challenges.
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CryptoCurrency
BitMart Rolls Out Euro on P2P Trading Marketplace
2024-05-27T17:09:50.607+02:00
The inclusion of the Euro enables users to access deals from various sellers.
The firm's P2P marketplace is expanding its services to meet the needs of its users.
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CryptoCurrency
Singaporean Woman Sentenced in £3 Billion Bitcoin Fraud Case
2024-05-25T13:12:02.719+02:00
Wen Jian will spend six years and eight months in prison for money laundering.
She was accused of converting BTC into cash and property to conceal the proceeds of a $6.4B scheme.
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CryptoCurrency
B2C2 Joins Swissquote to Enhance Cryptocurrency Trading Liquidity
2024-05-23T15:02:31.637+02:00
The collaboration aims to enhance liquidity and trading efficiency for cryptos on the SQX.
B2C2 serves over-the-counter desks, banks, exchanges, forex brokers, and hedge funds.
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Trending
Trump Goes Crypto as Campaign Accepts Donations in Unsurprising U-Turn
2024-05-23T09:32:48.479+02:00
Donald Trump is coming for your crypto.
But in a good way, sort of...
Making a remarkable about turn, Trump is suddenly all good with digital currency.
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CryptoCurrency
Sam Bankman-Fried Is Set for Prison Transfer amid Appeal Preparations
2024-05-22T19:01:57.756+02:00
Bankman-Fried received a 25-year sentence in connection with the collapse of FTX.
Facing allegations of an $8 billion theft, he desired to stay in New York.
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CryptoCurrency
Worldcoin’s Operation in Hot Water: Hong Kong Halts Biometric Scans
2024-05-22T10:32:38.522+02:00
The investigation deemed the biometric data collection unnecessary and non-compliant.
The privacy notice lacked Chinese translation, leaving non-English speakers uninformed.
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CryptoCurrency
'Make Crypto Great Again': Meme Coins and Jibes Enter American Party Politics
2024-05-21T15:40:00.000+02:00
Democrats and Republicans are opposed on crypto, with Trump recently stating support for it.
Some Democrats recently broke ranks, voting against the SEC's crypto-hostile SAB 121 policy.
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CryptoCurrency
SDX Breaks through 1 Billion CHF in Digital Asset Transactions
2024-05-21T10:00:00.000+02:00
The World Bank and UBS AG are key contributors to SDX's digital asset issuance.
The firm connects digital and traditional infrastructure for digital bond trading and settlement.
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CryptoCurrency
Genesis Hits the Wall with $2 Billion Settlement, Shown the Door in New York
2024-05-20T21:28:28.000+02:00
New York AG Letitia James secures settlement to aid 29,000 defrauded investors.
The AG pursues crypto oversight, having obtained $2.5 billion from various platforms so far.
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CryptoCurrency
OKX Ventures Invests in Bitlayer for Bitcoin's Transaction Efficiency
2024-05-20T15:52:48.805+02:00
The collaboration aims to enhance Bitcoin's scalability and security using BitVM and Taproot.
It aims to offer high-throughput, cost-effective transactions on the network.
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