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1 year ago
Elizabeth Warren Urges White House to Address Crypto's Role in Terrorism Financing; Reddit Ends Blockchain Rewards System; FTX Trial Continues
Senator Elizabeth Warren and over 100 lawmakers have signed a letter urging the White House to address the role of digital assets in financing terrorism. The letter, dated October 17, was sent to Treasury Under…
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1 year agoBinance's EUR Trading Volume Plunges to Three-Year Low Amid Regulatory Crackdown and Partnership Termination
EUR-denominated weekly spot volume on Binance, one of the leading cryptocurrency exchanges, has plummeted to a three-year low of $160 million in October 2023. This represents an 88% decrease from the $1.3 billion…
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1 year agoBitcoin Price Shows Strength Amidst Institutional Interest and Regulatory Developments
Bitcoin’s price has remained strong, reaching a high of $28,516 despite economic challenges in the US. This stability may be attributed to increased institutional activity and positive investor interest in B…
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1 year agoUK Parliamentary Committee Urges Action on NFT Copyright Infringement and Crypto Fan Tokens
A parliamentary committee in the UK has called on officials to take action against copyright infringement issues related to nonfungible tokens (NFTs). The committee also highlighted the potential risks of sporting…
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1 year agoPutin Praises China's Belt and Road Project, Seeks Economic Support
Russian President Vladimir Putin has praised China’s Belt and Road infrastructure project, which aims to challenge the US-led global order. Putin’s comments came during his attendance at the Third Belt and Road For…
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1 year agoBinance Shuts Down Over 100 Accounts Linked to Hamas Funding
Top global crypto exchange Binance has reportedly closed over 100 accounts in response to Hamas’ recent attack on Israel. Israeli law enforcement agencies ordered the closures and seized millions worth of crypto i…
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1 year agoUS Treasury Sanctions Gaza-Based Crypto Broker for Facilitating $25 Million in Crypto Transactions
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has imposed sanctions on Gaza-based crypto broker Buy Cash Money and Money Transfer Company (Buy Cash) and its operator, Ahmed M. M. Alaqad, f…
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1 year agoTaproot Assets Launches on Bitcoin, Revolutionizing Tokenized Asset Capabilities
Lightning Labs has announced the launch of Taproot Assets on the Bitcoin mainnet, introducing tokenized asset capabilities to the network. This release allows for the issuance, management, and exploration of…
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1 year agoFTX Trial Exposes Alameda's $8 Billion Debt and Exclusive Benefits
Accounting professor Peter Easton provided testimony in the trial of former FTX CEO Sam Bankman-Fried, shedding light on the commingling of funds between FTX and Alameda Research. Easton’s analysis revealed that A…
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1 year agoTwitter Tests New Signup Model to Combat Bots: Pay or Verify
Twitter, now known as X, is conducting a trial in New Zealand and the Philippines to combat bot activity on its platform. The trial, called “Not A Bot,” requires new users to verify their phone number and pay…
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1 year agoEuropean Central Bank Moves Forward with Development of Digital Euro
The European Central Bank (ECB) has announced its plans to develop a central bank digital currency (CBDC) for the eurozone. ECB President Christine Lagarde stated on Twitter that they are preparing the currency for…
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1 year agoBinance Faces Serious Money Laundering Allegations in France
In a recent development, Binance, the world’s largest cryptocurrency exchange, is facing serious allegations of “aggravated money laundering” in France. French prosecutors initiated an investigation into Binan…
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1 year agoBlackRock Explores Blockchain and Digital Assets, Signaling Shift in Traditional Finance
BlackRock, a major financial firm, is making significant moves in the world of blockchain technology and digital assets, signaling a shift in traditional finance. The company has become the first major player on…
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1 year agoRise in Cold Wallet Usage Highlights Security Concerns in Crypto Trading
The recent security breach at Stake.com, a popular online crypto casino, has resulted in the loss of $41 million to hackers. The incident is considered one of the significant attacks on the cryptocurrency industry…
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1 year agoUS Treasury Sanctions Crypto Operator Linked to Hamas Terrorist Group
The Office of Foreign Assets Control (OFAC) of the United States Department of the Treasury has imposed sanctions on a cryptocurrency operator allegedly linked to the terrorist group Hamas. The move comes after…
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1 year agoHamas Exploits Cryptocurrencies to Fund Operations in Israel, Prompting Calls for Crackdown
Recent reports have revealed that Hamas, the militant group controlling the Gaza Strip, has been using cryptocurrencies to fund its operations in Israel. This allows them to bypass international sanctions imposed…
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1 year agoVALR Partners with Visa to Issue Crypto Customers with Visa Cards
VALR, a South African crypto platform, has announced a strategic partnership with Visa to issue Visa cards to its crypto customers. The partnership aims to deliver innovative digital payment solutions to users in…
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1 year agoSYS Labs Launches Rollux Phase 2, Revolutionizing DeFi with Bitcoin Integration
SYS Labs has announced the launch of Rollux Phase 2, a powerful suite of decentralized finance (DeFi) tools backed by Bitcoin and Syscoin. This development aims to enhance the performance and inclusivity of the…
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1 year agoBinance.US Seeks to File Sensitive Documents Under Seal in SEC Lawsuit
Binance.US, the American branch of cryptocurrency giant Binance, is seeking permission to file sensitive documents under seal in response to the ongoing lawsuit by the U.S. Securities and Exchange Commission (SEC).…
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1 year agoSYS Labs Unveils Rollux Phase 2, Introducing Full Suite of DeFi Tools for Enhanced Interoperability and Inclusivity
SYS Labs, a Web3 product suite powered by Syscoin, has announced the next phase of Rollux, an innovative EVM Layer-2 solution. Rollux aims to optimize the performance of Ethereum network applications by harnessing…
