Kumo
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11 months, 1 week ago
Spanish Documentary 'Bull Run' Makes History as First Tokenized Film
The film industry is embracing blockchain technology and the concept of tokenization, which allows individuals to have a stake in the financial outcome of a film. One example of this is the Spanish documentary…
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11 months, 1 week agoUK Approves Tokenization of FCA-Authorized Investment Funds to Enhance Efficiency and Transparency
The UK has given the green light for authorized investment funds to implement tokenization in the investment sector. This move aims to enhance efficiency, transparency, and competitiveness within the industry. The…
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11 months, 1 week agoECB President's Son Loses "Almost All" Crypto Investment Despite Warnings
Christine Lagarde, the president of the European Central Bank (ECB), revealed that her son lost a significant amount of money in cryptocurrency investments despite her warnings. Lagarde has been vocal about her…
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11 months, 1 week agoNew Argentine President Confirms Commitment to Shutting Down Central Bank
Newly elected Argentine President Javier Milei has reaffirmed his commitment to closing down the country’s central bank, dismissing rumors that he may backtrack on this promise. In a statement posted on Twitter, t…
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11 months, 1 week agoBinance Founder Opposes Government's Motion to Prevent Return to UAE
Changpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange, has filed a legal brief opposing the government’s motion to prevent him from returning to the United Arab Emirates (UAE) whi…
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11 months, 1 week agoUK Investment Industry to Develop Tokenization for Greater Efficiency and Transparency
UK funds have received approval to develop tokenization in order to enhance efficiency, transparency, and competitiveness in the investment management industry. The Investment Association, the representative group…
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11 months, 1 week agoRipple CEO Criticizes SEC's Legal Battle and Calls for Regulatory Framework Reform in the US
Brad Garlinghouse, the CEO of Ripple, recently shared his insights on the legal battle between Ripple and the US Securities and Exchange Commission (SEC). Speaking at the 2023 DC Tech Week, Garlinghouse highlighted…
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11 months, 1 week agoEuropean Central Bank Provides Details on Digital Euro Plans, Cautions Against High Expectations
The European Central Bank (ECB) is set to provide more details about its plans for a digital euro. However, ECB board member Fabio Panetta has cautioned against having high expectations initially. He emphasized…
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11 months, 1 week agoInteractive Brokers Hong Kong Receives License for Virtual Asset Trading
Interactive Brokers Hong Kong has obtained a license to trade virtual assets for retail clients in Hong Kong. The announcement was made by David Friedland, the Managing Director for Asia Pacific at Interactive…
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11 months, 1 week agoBittrex Global to Cease Operations Amid Regulatory Uncertainty
Bittrex Global, a cryptocurrency exchange based in Liechtenstein, has announced that it will be shutting down its operations. The decision comes as a result of regulatory uncertainties and is in line with the…
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11 months, 1 week agoSEC Files Lawsuit Against Kraken for Unregistered Operations and Fund Commingling
The US Securities and Exchange Commission (SEC) has filed a lawsuit against cryptocurrency exchange Kraken, accusing it of conducting unregistered operations. The SEC alleges that Kraken operated as an unregistered…
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11 months, 1 week agoKyberSwap Offers 10% Bounty to Hacker in $46 Million Crypto Heist
KyberSwap, a decentralized exchange, has offered a 10% bounty reward to the hacker who stole $46 million on November 22. The exchange is requesting 90% of the stolen funds to be returned by November 25. The hacker…
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11 months, 1 week agoBinance Bitcoin Reserves Decline as Coinbase Gains Ground in Anticipation of BTC ETF Approval
Binance, one of the leading cryptocurrency exchanges, has experienced a decline in its Bitcoin reserves as investors have been moving their funds to Coinbase Pro. This shift in reserves comes as BlackRock, a…
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11 months, 1 week agoShibarium Surpasses 4 Million Transactions in Three Months, Demonstrating Rapid Growth and Technological Prowess
Shibarium, the Shiba Inu Layer-2 blockchain, has achieved a significant milestone by surpassing 4 million transactions in just three months since its launch. This remarkable growth highlights the increasing…
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11 months, 1 week agoEuropean Banking Authority Proposes New Anti-Money Laundering Rules for Crypto Providers
The European Banking Authority (EBA) is proposing updated anti-money laundering rules for crypto providers, with a focus on combatting the financing of terrorism. The EBA has identified that current regulations are…
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11 months, 1 week agoGrowing Popularity of Self-Custody Wallets Amidst Binance's Legal Troubles
Self-custody wallets are gaining popularity as more people seek control and security over their digital assets. Trust Wallet and MetaMask are two widely used self-custody wallets, with millions of users globally.…
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11 months, 1 week agoBlast's $300 Million TVL Reflects Growing Interest in DeFi Amidst Security Concerns
Reflecting on the rapid evolution witnessed in Ethereum’s price surge past $2K, the launch of Blast in Ethereum’s Layer 2 sector marks a pivotal point in the cryptocurrency landscape. With a staggering $300 mil…
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11 months, 1 week agoCoinW Takes Center Stage at Wiki Finance Expo Sydney, Advocates for Self-Regulation and User Education
CoinW, the world’s leading digital asset exchange, made a significant impact at the Wiki Finance Expo Sydney with a keynote speech delivered by Sonia Shaw, CoinW’s Partner & VP of Partnerships. Shaw’s prese…
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11 months, 1 week agoBitvavo Receives Regulatory Approval to Expand Services to French Users
Netherlands-based cryptocurrency exchange Bitvavo has received regulatory approval from France’s Autorité des Marchés Financiers (AMF) to operate as a digital asset service provider. This allows Bitvavo to ext…
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11 months, 1 week agoBitvavo Expands Services to France as French Investors Embrace Cryptocurrencies
Netherlands-based cryptocurrency exchange Bitvavo has successfully registered as a digital asset service provider with France’s Autorité des Marchés Financiers (AMF), allowing it to expand its services to Fre…
