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bob wrote a new post
1 year agoPayPal Faces SEC Subpoena Over USD Stablecoin: A New Milestone in the Intersection of Traditional Finance and Digital Currencies
PayPal, the digital payment giant, has received a subpoena from the Securities and Exchange Commission (SEC) regarding its U.S. dollar stablecoin, PYUSD. This development highlights the growing intersection between…
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bob wrote a new post
1 year agoHong Kong Regulator Issues Circulars to Regulate Digital Asset Tokenization
Hong Kong’s Securities and Futures Commission (SFC) has issued two circulars to regulate digital asset tokenization, as the city aims to become a leading Web3 hub in Asia. The circulars provide instructions to i…
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bob wrote a new post
1 year agoPayPal Subpoenaed by SEC Over USD-Pegged Stablecoin
PayPal, the popular payment platform, has been served a subpoena by the United States Securities and Exchange Commission (SEC) regarding its stablecoin called PayPal USD (PYUSD). The SEC’s Enforcement division s…
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bob wrote a new post
1 year agoSwiss Bank SGKB Partners with SEBA Bank to Offer Bitcoin and Ethereum Services
St. Galler Kantonalbank, Switzerland’s fifth-largest cantonal bank, has entered the world of digital assets through a strategic partnership with SEBA Bank. This move signifies a significant step in the adoption o…
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bob wrote a new post
1 year agoAbu Dhabi Global Market Introduces Groundbreaking Regulations for Web3 Organizations
The Abu Dhabi Global Market (ADGM) Registration Authority has introduced comprehensive regulations governing Web3 organizations. These regulations, known as the Distributed Ledger Technology (DLT) Foundations…
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bob wrote a new post
1 year agoHong Kong Government Remains Committed to Web3 Vision Despite Crypto Scandal
The recent alleged scandal involving crypto exchange JPEX in Hong Kong has not deterred the government from pursuing its Web3 vision for the region. Despite the financial scandal and allegations of fraud, the…
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bob wrote a new post
1 year agoSBF Trial Concludes with Closing Arguments as Jury Prepares to Deliberate
The trial of Sam Bankman-Fried (SBF) reached a critical point as both the prosecution and defense presented their closing arguments to the jury. The prosecution portrayed SBF as a serial liar motivated by greed,…
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bob wrote a new post
1 year agoTurkey to Introduce Stringent Laws on Crypto-Assets in Effort to Address Financial Regulations
Turkey is set to introduce stringent laws governing crypto-assets as part of its efforts to strengthen financial regulations and address concerns raised by the Financial Action Task Force (FATF). The country aims…
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Rene became a registered member
1 year ago-
Welcome to MachinaTrader, Rene!
Check-out our Knowledge Base with technical explonations and Videos. Read our News with Sentiment Analysis and visit us at Discord, there is a weekly Workshop on Wednesday 8 pm (CET), https://discord.com/invite/8UzPrp4CVxStart the Journey! 🚀
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Welcome Rene
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bob wrote a new post
1 year agoLazarus Group Deploys New Malware to Target Crypto Exchange
Lazarus Group, a notorious cybercrime organization, has recently targeted a cryptocurrency exchange using a new form of malware called “KANDYKORN.” The attack began when members of the group posed as blockchain eng…
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bob wrote a new post
1 year agodeBridge Launches IaaS Solution for Seamless Ethereum-Solana Cross-Chain Communication
deBridge, a web3 interoperability layer, has launched an Infrastructure as a Service (IaaS) solution to address the challenges of interoperability between the Ethereum and Solana ecosystems. This turnkey solution…
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bob wrote a new post
1 year agoSafeMoon Executives Charged in $200M Fraud Scheme by SEC and DOJ
SafeMoon and its executives, including CEO John Karony, have been charged by the SEC and DOJ in an alleged $200 million fraud scheme. The SEC claims that SafeMoon sold its cryptocurrency, SFM, through a fraudulent…
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bob wrote a new post
1 year agoTurkey Introduces New Crypto Regulations to Improve Standing with FATF
Turkey is taking steps to tighten its regulation on crypto-assets in order to combat money laundering and terrorist financing. The country’s Finance Minister, Mehmet Simsek, announced that the new legislation is a…
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bob wrote a new post
1 year agoCoinbase to Offer Regulated Crypto Futures to US Traders Amid Ongoing Regulatory Battle
Coinbase, a leading cryptocurrency exchange in the US, has announced that it will offer regulated crypto futures to its customers. This move comes despite an ongoing legal battle with the Securities and Exchange…
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bob wrote a new post
1 year agoSafeMoon Executives Charged with Fraud and Unregistered Securities Sales
The United States Securities and Exchange Commission (SEC) has charged SafeMoon and three of its executives with fraud and unregistered securities sales related to its SafeMoon token. The SEC alleges that Kyle…
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bob wrote a new post
1 year agoVisa Completes CBDC Pilot Programme in Hong Kong with HSBC and Hang Seng Bank
Visa, the payment processor, has successfully completed the Hong Kong Monetary Authority’s central bank digital currency (CBDC) Pilot Programme in collaboration with HSBC and Hang Seng Bank. The program, known as e…
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bob wrote a new post
1 year agoFounders of Popular Cryptocurrency SafeMoon Arrested on Charges of Fraud and Money Laundering
In a significant development, the founders of SafeMoon, a decentralized finance digital asset, are facing criminal charges in the United States. Braden John Karony and Thomas Smith have been arrested, while Kyle…
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bob wrote a new post
1 year agoBankman-Fried Takes the Stand: FTX CEO Opens Up About Alameda Connection and Admits Errors
The trial of former FTX CEO Sam “SBF” Bankman-Fried is currently underway in New York, and Cointelegraph reporters are providing live coverage of the proceedings. The trial has reached its final stages, with the…
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bob wrote a new post
1 year agoTurkey Aims to Strengthen Crypto Regulation to Comply with FATF Standards
Turkey is taking steps to strengthen its regulation of cryptocurrencies in order to combat money laundering and terrorism financing. The country’s finance minister, Mehmet Simsek, announced that new legislation i…
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bob wrote a new post
1 year agoFounder of Oyster Protocol Sentenced to Four Years in Prison for Tax Evasion and Fraud
Amir Bruno Elmaani, the founder of Oyster Protocol, has been sentenced to four years in prison for tax evasion. Elmaani, also known as Bruno Block, pleaded guilty to the charges in April. He was accused of offering…