Category Archive: Cryptocurrency, No picture
Binance Faces Yet More Regulatory Scrutiny from Italy
Key Takeaways Italian regulator Consob has warned Binance that it is not authorized to operate in the country. While the warning does not affect the exchange’s services in Italy, the situation could escalate. Despite regulatory pressure, Binance maintains its position as the world’s largest crypto exchange. This Exchange News was brought to you by OKCoin, […]
Hong Kong Busts Alleged $155M Crypto Laundering Scheme
Hong Kong authorities have arrested four men on suspicion of running a cryptocurrency money laundering scheme. The group is alleged to have illegally transferred $155 million using cryptocurrencies. Hong Kong Makes Arrests Alleging Crypto Laundering Hong Kong authorities have revealed the first money laundering case involving cryptocurrency in the region. Four men aged between 24 […]
Bondly Finance Exploited for Millions in Potential Rug Pull
Key Takeaways Bondly Finance, a well-known DeFi and NFT project, was exploited today by “an unknown party,” the team said. After the liquidity pools were exploited, the attacker minted 373 million BONDLY to sell on the open market, leading to an 82% price crash. While team claims to be investigating the incident, it is suspected […]
SEC Places $200,000 Fine on ICO Site Coinschedule
The U.S. Securities and Exchange Commission has placed a fine on the ICO rating site Coinschedule, according to a news release. Coinschedule Took Money for Listings Between 2016 and 2019, Coinschedule was an active website. It listed and rated new cryptocurrencies or Initial Coin Offerings (ICOs). The SEC suggests that Coinschedule misrepresented its relationship with the […]
ShapeShift Makes History with Largest Airdrop Ever
This news was brought to you by ANKR, our preferred DeFi Partner. ShapeShift, a popular cryptocurrency exchange, is running an airdrop that will see it distribute tokens and governance rights to its userbase. ShapeShift Runs FOX Airdrop “To align with the ethos of decentralized finance, [we have] begun dissolving our corporate structure, evolving into a […]
BlackRock CEO Sees “Very Little” Demand for Bitcoin
Key Takeaways BlackRock CEO Larry Fink told CNBC that crypto has “low interest” among long-term investors like retirement and pension funds. Fink said that during his recent business interactions, long-term investors did not enquire about cryptocurrencies. Several other major investment firms are offering crypto to institutional clients through regulated investment vehicles. BlackRock CEO Larry Fink […]
Compass Taps Oklo for Nuclear Bitcoin Mining Plans
Key Takeaways Compass is partnering with Oklo to mine Bitcoin using nuclear energy. Oklo has plans to use “microreactors” to provide energy for mining farms. Several other mining and energy companies have recently taken steps to mine Bitcoin from renewables, suggesting that Bitcoin could have a more sustainable future ahead. Mine Crypto Compass is planning […]
Solana Wallet Phantom Raises $9M to go Multi-Chain
Key Takeaways Phantom has closed a $9 million Series A funding round led by Andreessen Horowitz. The team will allocate the fresh capital towards growing its team, adding new features, and supporting new blockchains. The funding should help Phantom gain ground in the crypto wallet space. Solana-based crypto wallet Phantom has raised $9 million in a […]
ECB Launches Digital Euro “Investigation Phase”
This news was brought to you by Phemex, our preferred Derivatives Partner. The initial stage of the project is expected to last 24 months. ECB Investigating Possible CBDC The European Central Bank is taking steps towards developing a digital euro. The ECB published a statement Wednesday, confirming its plans to launch a digital euro project. […]
Brazil’s Stock Exchange Will List an Ethereum ETF
This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. Ethereum gets an ETF listing in Latin America. QR Capital Approved for Ethereum ETF An Ethereum ETF is set to go live on Brazil’s stock exchange. Crypto investment firm QR Capital will list the ETF on B3, the country’s second-oldest exchange. It […]
