Lloyds Bank Issues ‘Urgent Warning’ on Rising Threat of Crypto Scams
Lloyds Bank, a major retail and commercial bank in the U.K., has issued an “urgent warning” about the growing threat of cryptocurrency scams. “Crypto is a highly risky asset class and remains largely unregulated, which makes it an…
Bitget Subsidiary Drops Hong Kong License Pursuit Amidst OSL Acquisition Rumors
The Singapore-based crypto exchange Bitget’s Hong Kong division said on Nov. 13 that it is no longer seeking a trading license to operate in that region. Market rumors suggest that Bitgetx’s decision not to seek the license may be…
B2BinPay v18 Presents Account Merge – A New Way To Manage Crypto
PRESS RELEASE. Not too long after the significant v17 release, B2BinPay is advancing significantly to establish new benchmarks in quality. B2BinPay continues its commitment to excellence by introducing a new chapter for the platform with the…
IRS Says US Taxpayers Are the Most Targeted for Pig Butchering Crypto Scams
The Internal Revenue Service (IRS) has issued a warning about pig butchering cryptocurrency scams. IRS Criminal Investigation special agents stressed that these schemes are popping up across the globe, emphasizing: “U.S. taxpayers are…
Coinbase Expects Spot Bitcoin ETFs to Add Billions to Crypto Market — Says SEC Approval Possible by Year-End
Cryptocurrency exchange Coinbase says spot bitcoin exchange-traded funds (ETFs) could add billions of dollars to the total crypto market cap. Coinbase also believes that the chances of one or more spot bitcoin ETFs being approved by the U.S…
Ark Invest CEO Cathie Wood Sees Crypto Market Exploding to $25 Trillion in 2030
Ark Invest CEO Cathie Wood says the crypto ecosystem will be dominated by bitcoin and ether and will scale from about $1 trillion today to $25 trillion in 2030. “The regulatory breakthrough is very important to bring institutions…
SEC Announces ‘Highly Productive’ Year for Crypto Enforcement Actions
The U.S. Securities and Exchange Commission (SEC) has published its latest enforcement results relating to crypto assets. “Fiscal year 2023 was another highly productive and impactful year for the SEC’s enforcement efforts relating to crypto…
MasterCard Startpath Member Polytrade Moves to 2.0: Partners With Ondo, OpenEden, Maple, 4K, Goldfinch, and Others to Create Marketplace for RWAs
PRESS RELEASE. Polytrade, a leading real-world asset protocol, is taking a major step in its evolution, demonstrating its unwavering commitment to addressing the critical issues surrounding real-world assets. The platform is changing the way RWAs…
NHL Dives Into NFT Market With ‘Breakaway’ Platform, Amidst Shifting Digital Collectible Trends
The National Hockey League, the NHL Players’ Association, and the NHL Alumni Association have collaborated with the non-fungible token (NFT) firm Sweet to introduce NHL Breakaway, a digital collectibles platform. The NHL says the collectibles…
Gaming Firm Boyaa Interactive to Add Bitcoin and Ether to Balance Sheet With $100M Investment
Recently disclosed in a regulatory statement, Hong Kong-based Boyaa Interactive International Limited announced its plan to acquire cryptocurrency assets valued at up to $100 million. This publicly listed entity, known for developing and managing…
Solana Soars 19% Amid Market Consolidation, Commands Notable ‘Kimchi Premium’ in South Korea
Bitcoin and ethereum have remained stable on Wednesday, showing little change in their values recently. In contrast, solana (SOL) experienced a notable surge, climbing over 19% against the U.S. dollar, moving from a low of $52.92 to a peak of…
German Banking Giant Commerzbank Granted Crypto Custody License
Commerzbank has made a significant stride in the digital asset sector by becoming the first German full-service bank to receive a Crypto Custody License. Commerzbank believes the breakthrough positions the bank at the forefront of the burgeoning…
From ‘Big Short’ to Big Shift — Michael Burry Rotates Out of Bearish Bets Following Several Misfires
Michael Burry, famously known for his bold ‘Big Short’ wager against subprime mortgages in the early 2000s, has recently offloaded several substantial bearish positions following unsuccessful outcomes. As the founder of Scion Asset…
Bitcoin Technical Analysis: BTC Enters a Steady Range-Bound Consolidation Phase
As bitcoin hovers around $36,209, the cryptocurrency market braces for potential shifts. The day prior, BTC slid to a low of $35,109 per coin but has since managed to rebound back above the $36K range. Bitcoin’s market volatility intensified…
Auradine Unveils New Teraflux Miners Setting New Efficiency Benchmarks in Bitcoin Mining Industry
While several leading mining rig manufacturers have introduced more efficient bitcoin miners measured in joules per terahash (J/T), Auradine, based in California, has announced the debut of its Teraflux AT2880 and AI3680 bitcoin miners. These new…
Spate of Robberies Targeting Swedish Bitcoiners Linked to the Country’s Unfit Privacy Laws
A bitcoin-owning Swedish couple was recently the latest victim of robbers that appear to target prominent bitcoin and crypto personalities. One social media user said the spate of robberies may be linked to Sweden’s antiquated privacy laws…
Okx Announces Compliance-Focused Expansion to Brazil
Okx, one of the largest cryptocurrency exchanges, has announced it will expand to Brazil in the coming months to offer a regulated crypto platform to Brazilian customers. The exchange, which chose the country as its entry doorstep to Latam, aims to…
40+ Countries Implementing International Crypto Reporting Framework
Over 40 countries have agreed to implement the crypto reporting framework developed by the Organisation for Economic Co-operation and Development (OECD) as mandated by the G20. The widespread, consistent, and timely implementation of this crypto…
Robert Kiyosaki: Fiat Money Isn’t Safe, Investors Must Protect Themselves From Central Bankers
Rich Dad Poor Dad author Robert Kiyosaki has cautioned that fiat money is not safe, emphasizing that central banks are buying gold to save themselves. He urged investors to safeguard themselves against central bankers and reiterated his advice to…
Kevin O’Leary Warns Spot Bitcoin ETF Approval Could Be 18 Months Away
Shark Tank investor Kevin O’Leary, aka Mr. Wonderful, has cautioned that it could take another year and a half for the U.S. Securities and Exchange Commission (SEC) to approve a spot bitcoin exchange-traded fund (ETF). He emphasized that we…
Adrian Day Warns of ‘Inevitable’ US Recession, Describes it as a ‘Freight Train Heading Towards Us’
In a recent interview, Adrian Day, CEO of Adrian Day Asset Management, shared his insights, positing a looming economic downturn in the U.S. Day critically analyzed the Federal Reserve’s actions, explaining their expected impacts on the…
Foresight Ventures Acquires Majority Stake in The Block
Foresight Ventures, a Singaporean Web3 VC firm, has announced it acquired a majority stake in The Block, a cryptocurrency-focused news outlet. The deal, which values The Block at around $70 million, will allow the news platform to purchase the…
Dapper Labs Partners With Disney to Launch NFT Pin-Collecting Platform
Dapper Labs, known for its non-fungible token (NFT) collection NBA Top Shot, has unveiled Disney Pinnacle, its latest endeavor. This new platform is set to transform the traditional pin-collecting hobby into a digital experience, featuring…
Hive Bolsters Mining Power With Purchase of 4,800 Bitmain S19k Bitcoin Miners Ahead of 2024 Halving
On Tuesday, Hive Digital, a bitcoin mining company based in Vancouver, revealed its acquisition of 4,800 Bitmain S19k Antminer mining rigs. Hive stated that this purchase is intended to strengthen the firm and strategically position it for the…
On Tuesday, the U.S. Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers (CPI-U) remained unchanged in October, following a 0.4% increase in September. Over the past year, the all-items index rose 3.2% before…
In the wake of recent market rumors about Blackrock’s involvement with XRP, the cryptocurrency’s price experienced significant volatility. Today, XRP stands at $0.654, reflecting a dynamic interplay of market forces and investor…
Ripple Partners With Onafriq to Enable Faster Cross Border Payments to Africa
Ripple and the Africa-focused payment fintech startup Onafriq recently said they are collaborating to enable crypto-based cross-border payments between Africa and the Gulf Cooperation Council (GCC), the U.K., and Australia. Using Ripple’s…
Business2Community: Cryptocurrency Adoption Soars in Emerging Markets
The trajectory of cryptocurrencies, from their inception as a novel digital medium of exchange, has been nothing short of transformative. Initially tethered to the sphere of finance, offering an alternative to conventional banking paradigms…
Bitcoin Hits 40 Million Inscriptions Milestone and Second-Highest Day of Confirmed Transactions
Data reveals a milestone in the Bitcoin blockchain, with a tally of 40 million Ordinal inscriptions etched into its ledger. Inscription records were shattered on November 12, 2023, when a daily peak saw 505,345 inscriptions created in a single day…
Singapore High Court Mandates Hodlnaut Liquidation, Sets Stage for 17,000 Customer Reimbursements
In a dramatic culmination to a turbulent period for Hodlnaut, the Singapore High Court has ordered the crypto lender’s liquidation, tasked with the daunting goal of reimbursing its 17,000 customers. The judicial decree follows…
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