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cryptocurrency
Coinbase, Binance Among 16 Crypto Exchange Websites Blocked by Cambodia
- The Telecommunication Regulator blocked 102 domains, targeting crypto exchanges and gambling sites.
- Two platforms are authorized under Cambodia's FinTech Sandbox, which bans digital asset-to-fiat exchanges.
Tuesday, 03/12/2024 | 17:49 GMT by
Tareq Sikder
Beware of “Fake Investors”: AI Startup Founder Claims to Have Lost $50,000 to Scammers
- The AI startup founder was certain it was the $8 million investment offer until scammers siphoned $50,000 out of his crypto wallet.
- The scam operation was highly organized and involved a series of video calls with at least four scammers.
Tuesday, 03/12/2024 | 11:49 GMT by
Arnab Shome
Bitget Launches BitEXC to Capitalize on Vietnam’s Expanding Crypto Market
- The platform offers spot and futures trading, with copy trading and bots planned.
- Vietnam ranks second globally in cryptocurrency ownership, with 21.2% of its population holding digital assets.
Tuesday, 03/12/2024 | 11:44 GMT by
Tareq Sikder
Crypto in 2024 Reaches $3 Trillion Market Cap, Embraced by 72% of Retail Investors
- New users face barriers in onboarding, interfaces, and managing private keys, limiting adoption.
- GT Protocol offers a crypto investment platform that uses an AI chatbot for trading and portfolio management.
Thursday, 28/11/2024 | 19:58 GMT by
Ariel Shapira
Former UK Minister Joins Axiom's $75 Million Bitcoin Venture Fund Push
- Steve Baker was appointed the newest Advisor of the BTC-focused venture capital firm Axiom.
- He joins the long list of public servants who decided to switch from politics to blockchain technology.
Thursday, 28/11/2024 | 09:20 GMT by
Damian Chmiel
CFTC Might Get Full Oversight over the US Crypto Market Under President Trump
- The anticipated change might make the CFTC responsible for overseeing the crypto spot markets and exchanges.
- Currently, the regulator oversees Bitcoin and Ether options and futures.
Wednesday, 27/11/2024 | 07:12 GMT by
Arnab Shome
“If the Crypto Bubble Bursts, No One Will Come for Compensation,” Consob Commissioner
- Crypto ownership in Italy rose from 8% to 18% between 2022 and 2023, often with limited risk awareness.
- Vulnerable groups and those with lower financial literacy, depend on social media for advice.
Friday, 22/11/2024 | 15:12 GMT by
Tareq Sikder
Kraken Hits $2 Billion CAD in Custody, Focuses on Crypto Knowledge Growth
- Ontario Securities Commission reports 54% of Canadians defined cryptocurrency in 2023.
- Recently, the firm has introduced crypto-based derivatives for Australian wholesale clients.
Thursday, 21/11/2024 | 16:34 GMT by
Tareq Sikder
Wall Street Miner Canaan Raises $30 Million, Sees 121% Revenue Increase in Q3 2024
- The firm secured a purchase agreement with HIVE Digital Technologies for 5,000 Avalon A15 miners.
- The company mined 147 Bitcoins in Q3 2024, increasing its holdings to 1,231 BTC.
Wednesday, 20/11/2024 | 11:06 GMT by
Tareq Sikder
CyVers and Station70 Team Up for Transaction Security Solution Launch
- The new solution integrates Station70’s hosted co-signer-as-a-service with CyVers’ advanced real-time threat detection engine.
- This dual-layered security approach allows institutions to gain greater control over signing processes while ensuring transactions are legitimate.
Tuesday, 19/11/2024 | 12:17 GMT by
Arnab Shome
Gemini Launches in France After VASP Registration, Expands Crypto Services
- French users can deposit, trade, and store crypto on Gemini’s app, using EUR, GBP, debit card, and Apple Pay.
- Crypto ownership in France has increased by 2 percentage points, leading post-crypto winter growth.
Tuesday, 19/11/2024 | 07:30 GMT by
Tareq Sikder
Shiba Inu Targets $0.00006: CoinMarketCap Ranks It 11th with $14 Billion Market Cap
- SHIB/USD faced resistance at $0.00002935 with potential support at $0.00002150 on the daily chart.
- Shiba Inu plans a podcast to highlight its technical advancements, including Shibarium and its decentralized exchange.
Friday, 15/11/2024 | 17:06 GMT by
Tareq Sikder
Bitfinex Hacker Ilya Lichtenstein Jailed for Five Years
- Lichtenstein stole about 120,000 Bitcoins from the exchange, valued at over $10.5 billion at current market rates.
- He and his wife pleaded guilty to one count of conspiracy to commit money laundering.
Friday, 15/11/2024 | 05:50 GMT by
Arnab Shome
Will Bitcoin Reach 100K? Experts Share BTC Price Prediction for 2024
- BTC price surges past $93,000 as experts predict a $100K target by the end of 2024, driven by ETF inflows and post-election momentum.
- Technical analysis and institutional demand suggest Bitcoin's path to $100K is clearer than ever.
- Trump's victory and upcoming halving event create perfect conditions for new all-time highs.
Thursday, 14/11/2024 | 12:16 GMT by
Damian Chmiel
Revolut Expands M&A Team and Rolls Out Revolut X to 30 EEA Markets
- The company's crypto exchange is expanding across Europe, providing access to over 200 tokens.
- With a UK banking license obtained in July 2024, the company plans to issue its own stablecoin.
Thursday, 14/11/2024 | 11:29 GMT by
Tareq Sikder
Coinbase Acquires Utopia Labs Team to Expand Stablecoin Payments in Wallet
- Four Utopia Labs members, including Kaito Cunningham and Alexander Wu, are joining Coinbase to develop stablecoin payment solutions.
- Utopia raised $23 million from investors, including Coinbase, and will cease operations after the sale.
Wednesday, 13/11/2024 | 17:47 GMT by
Tareq Sikder
This Broker Just Hit 3M Customers, Adds Crypto to Compete with Revolut in Europe
- flatexDEGIRO has reached 3 million accounts, tripling its user base since 2020 with €66 billion in assets.
- Due to the rising competition from neobanks like Revolut, it is also preparing to launch a crypto offering.
Wednesday, 13/11/2024 | 09:59 GMT by
Damian Chmiel
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