[Sep 29, 2024 11:30 AM] The U.S. Commodity Futures Trading Commission (CFTC) has initiated legal action against a fake trading platform and its associates for defrauding investors out of $3.6 million. The scheme, which targeted Asian Americans, involved soliciting funds…
[Sep 28, 2024 6:30 AM] Bitcoin (BTC) looks poised to record its best September in a decade, surging past $65,000. This uncharacteristic price appreciation could be attributed to several key factors. Reasons Behind Bitcoin’s Impressive September Gains Historically…
[Sep 23, 2024 5:26 PM] The project aimed for speed, privacy and legal compliance while using highly accessible and desirable US Treasury bonds as a collateral asset.
[Sep 11, 2024 12:08 PM] The European Banking Authority estimates that 15 technical standards for crypto platforms like stablecoin issuers will become official before the end of 2024.
[Aug 31, 2024 12:30 AM] The Nigerian Securities and Exchange Commission (SEC) has granted “approval-in-principle” to Busha Digital and Quidax Technologies, the first digital asset exchanges to operate in the country. Additionally, four digital asset offering…
[Aug 30, 2024 8:30 AM] The New York-based digital asset manager, Parafi Capital, has secured $120 million to invest in general partner stakes of crypto funds. These funds focus on specific market segments, strategies, or geographic locations. With this funding, Parafi…
[Aug 26, 2024 8:30 AM] Wyoming plans to launch a dollar-based stablecoin, the Wyoming Stable Token, in Q1 2025. The digital asset aims to provide faster and cheaper transactions for individuals and businesses in the state. Governor Mark Gordon emphasizes the importance…
[Aug 26, 2024 5:30 AM] Thai authorities successfully raided an illegal bitcoin mining operation in Ratchaburi on August 23. The raid came after residents reported frequent power outages. The bitcoin mining operation was found to be consuming electricity that the…
[Aug 25, 2024 6:30 AM] Digital asset platform Progmat and DMM, a Japanese entertainment giant, are collaborating to create a new stablecoin on the Progmat Coin platform. The stablecoin will be used within the Seamoon Protocol, a Web3 network for culture and…
[Aug 23, 2024 9:30 AM] Yellow Card, a leading stablecoin platform, has partnered with Fireblocks, a digital asset infrastructure provider, to improve cross-border transactions in Africa. By leveraging Fireblocks’ technology, Yellow Card aims to provide secure and…
[Aug 21, 2024 11:20 AM] Gate Ventures (crypto exchange Gate.io’s VC arm) and Abu Dhabi Blockchain Center partnered to launch Falcon Gate Ventures, a $100 million fund supporting Web3 innovation. The fund aims to stimulate global Web3 growth and solidify the United…
[Aug 21, 2024 10:29 AM] Tether teams up with UAE's Phoenix Group PLC and Green Acorn Investments to launch a Dirham-backed stablecoin, enhancing international trade and remittances.
[Aug 17, 2024 1:30 AM] Binance has registered as a reporting entity with India’s Financial Intelligence Unit. Binance CEO Richard Teng emphasized the importance of the Indian market and the crypto exchange’s dedication to providing secure and efficient…
[Aug 14, 2024 2:30 AM] Crypto exchange Bitfinex’s latest Alpha report examines various key metrics, providing insights into whether bitcoin may be approaching a local bottom. “Overall, these metrics underline the deep bearish sentiment and stress among…
[Aug 13, 2024 1:16 AM] The Thai Securities and Exchange Commission (SEC) has launched a Digital Asset Regulatory Sandbox, allowing crypto services to be tested in a controlled environment. This initiative aims to promote innovation in Thailand’s capital market by…
[Aug 11, 2024 10:30 AM] Stablecoin issuer Tether Holdings Ltd. recently announced a partnership with a crypto payments provider to advance blockchain education in South Africa. The collaboration aims to both demonstrate the benefits of stablecoin payments and build trust…
[Aug 6, 2024 7:28 PM] CoinShares revenue for the second quarter of 2024 rose to nearly $28.5 million. FTX bankruptcy proceedings generated a return of 116% in the quarter.
[Jun 27, 2024 7:22 AM] A triangular arbitrageur spots market irregularities and carries out concurrent trades across three asset pairs while skillfully controlling risk.
[Jun 17, 2024 8:37 PM] Tanzania plans to amend its Income Tax Act to tax crypto trades. The proposal includes a three per cent withholding tax on income from digital asset transactions. Digital platform owners or facilitators of digital asset transfers will act as…
[Jun 4, 2024 7:26 AM] The English football team Watford FC has partnered with the digital asset investment firm Republic to sell 10% of the club to fans and investors. Although fans won’t receive voting rights, the stake will provide dividends to holders. Watford FC…
[May 30, 2024 1:38 PM] Hester Pierce said her “sandbox” pitch would offer opportunities for cross-border collaborations between blockchain firms without fear of regulatory threats.
[May 17, 2024 4:04 PM] The French securities regulator, the Autorité des Marchés Financiers (AMF), has issued a renewed warning against using the digital asset platform Bybit. The AMF reminded French investors that Bybit is an unregistered crypto platform operating…
[May 14, 2024 6:01 PM] On May 13, the Commodity Futures Trading Commission announced it had fined crypto brokerage firm Falcon Labs Ltd. approximately $1.7 million. The fines are penalties for the firm’s illegal facilitation of U.S. residents’ access to digital asset…
[May 14, 2024 1:04 PM] Galaxy Digital’s net income climbed 40% in the first quarter of 2024, buoyed by record-breaking revenue from mining operations and management fees.
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