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CryptoCurrency
Dutch Crypto Companies Secure Partial Legal Victory against Regulators' Fees
2023-10-05T13:26:51.557+02:00
The court has declared that supervisory costs imposed on crypto firms for the year 2021 were unlawful.
The Rotterdam court's decision might have broader ramifications for cryptocurrency oversight in the Netherlands.
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CryptoCurrency
Bitcoin Miners See Strong Production Increases in September
2023-10-05T08:37:28.572+02:00
Marathon Digital achieved a remarkable increase of 245% in Bitcoin production.
Bit Digital experienced a decline in Bitcoin production due to a maintenance outage.
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CryptoCurrency
U.S. Court Advances Sentencing in AirBit Club Cryptocurrency Ponzi Scheme
2023-10-04T12:55:31.954+02:00
The defendants pleaded guilty to charges of money laundering.
Approximately $100 million was redirected to the founders and promoters of the scheme.
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CryptoCurrency
Crypto Industry Workforce Reductions: Chainalysis and Beyond
2023-10-03T11:21:49.393+02:00
Chainalysis confirmed a workforce reduction on October 3.
The cryptocurrency market is currently facing significant challenges.
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CryptoCurrency
September Crypto Carnage: A Month of Devastating Exploits and Losses
2023-10-02T11:20:48.779+02:00
Q3 2023 records nearly $890 million in losses, signaling a surge in crypto crime.
North Korean hackers are implicated in $94 million worth of cryptocurrency thefts.
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CryptoCurrency
I Talked to 80+ Crypto Hedge Funds and Found 3 Proven Strategies to Raise Capital in 2023
2023-09-27T15:30:00.000+02:00
60% of crypto hedge funds have a team with experience in traditional finance.
53% of crypto hedge funds have taken action to update their counterparty risk management processes.
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CryptoCurrency
Binance Announces Exit from Russia, Sells Business to CommEX
2023-09-27T12:34:29.946+02:00
Binance's strategic move signals compliance focus.
It has initiated a year-long off-boarding plan to ensure a smooth transition.
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CryptoCurrency
Taiwan's Cryptocurrency Sector Initiates Industry Association
2023-09-26T10:25:51.848+02:00
Nine cryptocurrency firms unite to establish industry association.
Binance pursues registration in Taiwan for AML compliance.
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CryptoCurrency
“In Light of Public Demand”: Hong Kong to Disclose Names Crypto License Applicants
2023-09-25T13:30:59.853+02:00
The move came following the actions against the crypto exchange JPEX.
The HK regulator will also enhance its list of suspicious platforms.
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CryptoCurrency
Core Scientific's Multi-Million Dollar Deal: 27,000 BTC Miners from Bitmain
2023-09-22T12:55:02.882+02:00
Core Scientific's key acquisition marks a milestone in restructuring efforts.
The cryptocurrency mining industry displays resilience in challenging times.
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CryptoCurrency
FTX's Recovery Attempt Continues: Ex-Staff of HK Affiliate Sued for $157M
2023-09-22T12:13:23.153+02:00
The defendants rushed to withdraw funds before the services were stopped.
They even used connections with FTX employees to expedite withdrawal requests.
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CryptoCurrency
Crypto Exchange JPEX Moves to Deregister Australia Entity, HK Blocks Access
2023-09-21T12:41:36.768+02:00
Hong Kong police received complaints from 1,641 investors involving HK$1.2 billion in crypto assets.
Several arrests were made in connection with the crypto exchange.
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CryptoCurrency
Aligning with MiCA: Malta Proposes Changes in Its Crypto Rules
2023-09-19T09:38:50.602+02:00
The consultation for the proposed changes will be open until 29 September.
Malta originally introduced its crypto regulations in 2018.
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CryptoCurrency
Celsius' Fraud and Price Manipulation: Former Chief Revenue Officer Pleads Guilty
2023-09-15T11:12:24.614+02:00
CRO’s sentencing hearing is scheduled for December 11, 2023.
Mashinsky, the CEO maintains his not-guilty plea and is free on a $40 million bond.
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Trending
Best Crypto Wallets for 2023
2023-09-11T11:04:45.086+02:00
A deep dive into crypto wallets.
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CryptoCurrency
CEO of Collapsed Turkish Crypto Exchange Gets 11,196 Years in Prison
2023-09-08T12:31:52.056+02:00
His sister and brother were also sent to jail.
He went missing after the exchange collapsed, but was later arrested in Albania.
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CryptoCurrency
Expanding Crypto Services: South Korea's KEB Hana Bank Partners with BitGo
2023-09-05T14:15:38.698+02:00
They will jointly launch secure digital asset custody services in South Korea.
The country is growing the adoption of blockchain and cryptos across diverse industries.
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CryptoCurrency
Judge Scraps Lawsuit against Uniswap, Calls Ethereum a Commodity
2023-08-31T06:55:25.865+02:00
The plaintiffs sued Uniswap after falling victim to a scam.
Judge Failla is hearing the case between the SEC and Coinbase.
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CryptoCurrency
South Korean Lawmaker in Crypto Scandal Survives Expulsion Vote
2023-08-30T21:07:18.894+02:00
A parliamentary vote to dismiss the legislator ended in a stalemate, Yonhap reported.
Kim Nam-kuk reportedly transferred his WEMIX holding worth $4.5M to evade a new rule.
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CryptoCurrency
Kenya Says Registration of Sam Altman’s Worldcoin in April Not Endorsement
2023-08-03T23:53:56.827+02:00
Worldcoin is not a legal entity in the country, ministries said in a statement.
However, a minister said Worldcoin was acting within the law but raised security concerns.
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CryptoCurrency
FTX Officially Floats Plan to Restart International Crypto Exchange
2023-08-01T08:43:13.995+02:00
A group of creditors can opt to pool their claims for the relaunch.
No compensation has been proposed for FTT token holders.
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CryptoCurrency
Namibia Repeals Crypto Ban with New Regulations for Exchanges
2023-07-26T08:48:51.173+02:00
The new law was added to the country Gazette last week.
It will mandate licensing of crypto exchanges.
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CryptoCurrency
G20 ‘Welcomes’ Financial Stability Board’s Call for Tougher Crypto Rules
2023-07-19T03:00:00.000+02:00
Earlier, the Bank for International Settlement urged G20 to dismiss crypto.
Stakeholders are taking varying approaches to digital asset regulation across the globe.
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CryptoCurrency
Denmark’s FSA Orders Saxo Bank to Dump Crypto Holdings
2023-07-05T14:57:51.732+02:00
The watchdog said the law does not permit Saxo Bank's engagement in crypto trading.
In other news, Saxo Bank saw a decline of 8% in its FX trading volume in June.
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CryptoCurrency
Canadian BTC Miner HIVE's Revenue Halves from Record High
2023-06-30T17:30:22.842+02:00
HIVE reported a net loss of $236M and blamed its performance on lower BTC prices.
However, experts believe BTC price could reach $32,000 soon.
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