Cryptocoins News / Blockchain - 1 year ago
The SEC has postponed its decision on the ARK 21Shares Bitcoin ETF till January 10, 2024, marking another delay in the approval process. Amid broader calls for swifter approvals, the SEC's meticulous review approach underscores the regulatory cautiou...
Cryptocoins News / Blockchain - 1 year ago
Neara, with a fresh $24M Series B funding, is set to bolster its AI-centric infrastructure modeling platform, aiming to mitigate climate risks faced by utilities and accelerate renewable energy integration. The investment led by Prosus Ventures will...
Cryptocoins News / Blockchain - 1 year ago
Coinbase CEO, Brian Armstrong, condemns Chase UK's restrictive stance on cryptocurrency transactions, urging UK crypto holders to close their Chase accounts. This move by Chase UK could potentially impede Coinbase's expansion plans in the UK and Euro...
Cryptocoins News / Blockchain - 1 year ago
OpenAI has enabled web browsing for its ChatGPT model, initially available for Plus and Enterprise users. This feature aims to address the limitations of ChatGPT in providing up-to-date information. OpenAI has yet to clarify if this update will be ex...
Cryptocoins News / Blockchain - 1 year ago
Binance CEO, CZ, sheds light on Binance's association with CommEX through a tweet. Cryptocurrency transfers are ongoing, with potential ex-Binance team members joining CommEX. Amid regulatory challenges, Binance sells its Russian operations to CommEX...
Cryptocoins News / Blockchain - 1 year ago
Metis, an Ethereum Layer 2 network, has proposed migrating its data availability back to the Ethereum mainnet. The move aims to simplify the launch of a decentralized sequencer pool and enhance data availability. The proposal is open for community fe...
Cryptocoins News / Blockchain - 1 year ago
Paysafe Payment Solutions Limited has abruptly stopped processing EUR deposits for Binance users. The decision affects several Binance services, including spot trading and auto-invest plans. Users are advised to convert their EUR balances to USDT by...
Cryptocoins News / Blockchain - 1 year ago
The decline in the use of physical cash raises important questions about the loss of personal freedom and privacy. As central banks explore the development of CBDCs, the design and implementation of these digital currencies will play a critical role...
Cryptocoins News / Blockchain - 1 year ago
Hong Kong authorities are intensifying efforts to apprehend the key operators behind JPEX, a cryptocurrency platform implicated in the city's largest alleged financial fraud. The police have arrested 15 individuals and seized assets worth HK$85 milli...
Cryptocoins News / Blockchain - 1 year ago
Marco Ruiz Ochoa, former CEO of IcomTech, pleaded guilty to conspiracy to commit wire fraud for his role in a large-scale cryptocurrency Ponzi scheme. The company falsely promised high returns on cryptocurrency investments and used promotional tactic...
Cryptocoins News / Blockchain - 1 year ago
Rated Labs, known for its Ethereum explorer and API services, has secured $12.888 million in Series A funding led by Archetype. The company plans to use the new capital to expand its services to multiple Layer 1 blockchain networks and enhance its ex...
Cryptocoins News / Blockchain - 1 year ago
The Uniswap Foundation has requested a second tranche of $62.37M in funding to continue its ecosystem development efforts. While the proposal outlines a comprehensive financial plan and future initiatives, some community members have raised concerns...
Cryptocoins News / Blockchain - 1 year ago
Christina Choi of the SFC spoke at the Bloomberg Buy-Side Forum Hong Kong 2023, emphasizing the importance of balancing innovation with regulation in the asset management industry. She highlighted the SFC's ongoing work on guidelines for tokenization...
Cryptocoins News / Blockchain - 1 year ago
Pablo Renato Rodriguez, co-founder of AirBit Club, has been sentenced to 12 years in prison for orchestrating a global cryptocurrency pyramid scheme. Co-defendants await sentencing, and the group has been ordered to forfeit approximately $100 million...
Cryptocoins News / Blockchain - 1 year ago
The Q3 2023 Global Web3 Security Report, jointly initiated by Beosin and SUSS NiFT, reveals a concerning escalation in the Web3 security landscape. The report shows that losses from hacks, phishing scams, and rug pulls reached $889.26M in Q3 2023, ex...
Cryptocoins News / Blockchain - 1 year ago
Taiwan's major crypto exchanges form an industry association to align with upcoming regulations by the Financial Supervisory Commission. The association aims to serve as a unified voice for the industry and facilitate effective communication with the...
Cryptocoins News / Blockchain - 1 year ago
Taiwan's FSC has released new guidelines for regulating Virtual Asset Service Providers (VASPs) in the country. The guidelines, effective from September 26, 2023, prohibit foreign VASPs from operating in Taiwan without proper registration and encoura...
Cryptocoins News / Blockchain - 1 year ago
In a public letter, He Yi, Co-founder of Binance, discusses the company's compliance strategy, which gains significance amidst a U.S. Department of Justice inquiry initiated on May 6, 2023, 13 SEC charges, and the company's recent exit from the Russi...
Cryptocoins News / Blockchain - 1 year ago
Binance has announced the sale of its entire Russia business to CommEX, citing compliance issues as the primary reason for the exit. The transition process for existing Russian users is expected to take up to one year, with no financial strings attac...
Cryptocoins News / Blockchain - 1 year ago
Mixin Network, compromised in a $200 million hack, has directly communicated with the hacker, offering a $20M bug bounty for the return of stolen assets. The transaction was confirmed on Ethereum block 18225451. Investigations by cybersecurity firms...
Cryptocoins News / Blockchain - 1 year ago
Gemini is set to invest $24 million in its Gurgaon development center in India, focusing on core platform areas like compliance and security. The move is part of Gemini's broader strategy to tap into India's burgeoning tech and startup ecosystem. (Re...
Cryptocoins News / Blockchain - 1 year ago
Paradigm's perspective on cryptocurrency emphasizes its potential to be the next big technological revolution. Crypto KOL Splin Teron analyzes this view, highlighting the growing adoption and untapped potential of this emerging asset class. (Read Mor...
Cryptocoins News / Blockchain - 1 year ago
Matt Hougan, CIO of Bitwise, used a Twitter thread to elaborate on the firm's amended spot Bitcoin ETF application. He emphasized the need to prove that the CME bitcoin futures market is a "regulated market of significant size" for surveillance purpo...
Cryptocoins News / Blockchain - 1 year ago
South Korean brokerage firms KB Securities, NH Investment & Securities, and Shinhan Investment Corporation form a consortium to jointly venture into the tokenized securities market. The collaboration aims to build a common infrastructure and ex...
Cryptocoins News / Blockchain - 1 year ago
Casey Rodarmor, known for his innovative Bitcoin Ordinals, has introduced a new fungible token protocol for Bitcoin called "Runes." The protocol aims to simplify user experience and could bring significant advantages to Bitcoin, despite the controver...