Cryptocoins News / Blockchain - 2 years ago
Cooper Morgenthau, former CFO of African Gold Acquisition Corporation, was sentenced to three years in prison for embezzling $5 million from three different SPACs. Morgenthau used the embezzled funds to trade cryptocurrencies and meme stocks, losing...
Cryptocoins News / Blockchain - 2 years ago
Crypto exchange KuCoin confirms a user's address is responsible for launching thousands of memecoin scams but will not freeze assets without official notice from law enforcement. The wallet address has been marked as a fake phishing wallet by blockch...
Cryptocoins News / Blockchain - 2 years ago
The Hong Kong Monetary Authority (HKMA) has instructed authorized institutions to adopt a risk-based approach in Anti-Money Laundering efforts and provide banking services to cryptocurrency firms. (Read More)
Cryptocoins News / Blockchain - 2 years ago
A recent survey conducted by Bitget, a cryptocurrency exchange, has found that 46% of millennials in major population countries own cryptocurrencies, compared to 25% of Gen X, 21% of Gen Z and 8% of baby boomers. The survey also revealed that 27% of...
Cryptocoins News / Blockchain - 2 years ago
Revolut has partnered with Koinly to provide users with an automated tax reporting service for cryptocurrency transactions. The integration allows users to generate tax reports to calculate gains and losses, by synchronizing their transaction history...
Cryptocoins News / Blockchain - 2 years ago
The European Union has passed a draft bill to regulate AI use of copyrighted materials. AI tools will be classified according to their risk level, with high-risk tools subjected to stricter transparency procedures. The bill is part of the EU's Artifi...
Cryptocoins News / Blockchain - 2 years ago
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Cryptocoins News / Blockchain - 2 years ago
Polygon Labs and Google Cloud have partnered to enhance the development of Ethereum scaling protocol's infrastructure and tools. Google Cloud's framework and developer tools will benefit Polygon's core protocols and simplify developer integration to...
Cryptocoins News / Blockchain - 2 years ago
The Hong Kong Securities Futures Commission (SFC) plans to release guidelines for cryptocurrency exchange licensing next month, in support of trading services to retail investors by June 1. AML/KYC regulatory requirements were key considerations in t...
Cryptocoins News / Blockchain - 2 years ago
Recent data shows that throughout April, the NFT market has had more sellers than buyers, indicating a potential lack of demand for NFTs. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Binance CEO CZ denies Bloomberg's finance rich list that reported his net worth to be $28.2 billion. He claims to have a lot less than what is reported by some media outlets. CZ also stated that he does not view FTX exchange as a rival and welcomes m...
Cryptocoins News / Blockchain - 2 years ago
Scammers have stolen over $4 million in cryptocurrency from users falling for phishing websites promoted on Google Ads, according to blockchain analytics by ScamSniffer. The fraudulent websites prompt wallet login signature requests that compromise u...
Cryptocoins News / Blockchain - 2 years ago
Celsius creditors are requesting subpoenas to uncover suspicious trades of CEL token on FTX between April and August 2022, seeking to determine if they were legitimate or constituted market manipulation. This information could be crucial in resolving...
Cryptocoins News / Blockchain - 2 years ago
Bitget, a cryptocurrency derivatives exchange, has pledged $10 million towards the development of the Fetch.ai ecosystem. Fetch.ai provides infrastructure for autonomous services and features an AI agent network and smart wallet. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Kraken is contesting the United States Internal Revenue Service's demand for critical exchange user information, citing it as an "unjustified treasure hunt." Kraken has requested federal court intervention, pointing out that the IRS has gone "far bey...
Cryptocoins News / Blockchain - 2 years ago
Standard Chartered's crypto custody subsidiary, Zodia Custody, has raised $36 million in a series A funding round led by SBI Holdings. Standard Chartered remains the majority shareholder in the firm. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Cogni, a neobank with FDIC coverage, is rolling out nonfungible tokens (NFTs) containing KYC information to users of its crypto wallet. The NFTs are transferable to a Web3 environment, providing decentralized apps with bank-level KYC information with...
Cryptocoins News / Blockchain - 2 years ago
Santa Cruz County in California is set to launch a pilot program using a blockchain-powered digital wallet for government services, including bicycle registration and RV parking registration. The program, powered by HUMBL, will launch in July 2023 an...
Cryptocoins News / Blockchain - 2 years ago
Google has released an update to its Authenticator app that allows users to store a one-time code in cloud storage. While this may help users who lose their authenticator app, it also makes them more vulnerable to hackers, who can gain access to the...
Cryptocoins News / Blockchain - 2 years ago
Gary Gensler, head of the US securities regulator, is facing accusations of hypocrisy from the crypto community after a 2018 video surfaced of him stating that cryptocurrencies are commodities or cash and not securities. Several crypto leaders have e...
Cryptocoins News / Blockchain - 2 years ago
The New York Federal Reserve has updated its rules for reverse repurchase agreements (RRP), potentially hindering Circle's access to the Fed's reverse-repurchase program. The Circle Reserve Fund is a money market fund only available to Circle and cou...
Cryptocoins News / Blockchain - 2 years ago
Circle CEO Jeremy Allaire has blamed the declining market capitalization of USD Coin (USDC) on the cryptocurrency crackdown by US regulators. Allaire cited global concern about the US banking system and regulatory environment as major factors. (Read...
Cryptocoins News / Blockchain - 2 years ago
The Sandbox has partnered with Ledger Enterprise to develop security integration for its partners. The collaboration will enable the migration of nonfungible token collections to the Ledger wallet, and The Sandbox will appear as a DApp on Ledger Ente...
Cryptocoins News / Blockchain - 2 years ago
The World Economic Forum (WEF) has published a white paper outlining how blockchain technology can aid in the fight against climate change. Blockchain can improve market transparency, enhance trust and ambition within climate negotiations, democratiz...
Cryptocoins News / Blockchain - 2 years ago
Raiffeisenlandesbank Niederösterreich-Wien is teaming up with Bitpanda to provide crypto investment services. Customers can invest in various assets regardless of the capital amount. The new offering will feature over 2,500 digital assets, including...
