Oct 09 2023
A Q3 2023 on-chain report by crypto market intelligence firm IntoTheBlock revealed that addresses holding at least 0.1% of bitcoin’s (BTC) supply saw strong net inflows. These addresses recorded a single-day inflow of $600 million despite BTC plunging to $25,000, showing they are quietly bullish. The patience of the holders may be tested if the …
Oct 08 2023
Coinbase has obtained a major payment institution (MPI) license from the Monetary Authority of Singapore. The license builds on its in-principle approval granted by the state regulator in October of the previous year. This significant milestone grants the company the authority to provide regulated digital payment token (DPT) products and services. As a result, the …
Oct 08 2023
Galxe, a Web3 credential project, instructed users not to interact with the platform following a security breach on its website. Meanwhile, on-chain sleuth ZachXBT says the hackers are likely the same as the rogue actors that recently attacked Balancer’s front end. The issue will be resolved shortly, thank you for your patience! — Galxe (@Galxe) …
Oct 08 2023
Gulnara Karimova, the daughter of late President of Uzbekistan Islam Karimov, is charged with organized crime and money laundering. She is already serving a term in an Uzbek prison. The unnamed former general director of a Russian telecommunication company’s Uzbek subsidiary was indicted at the same time. According to the charges, from 2001 to 2013 …
Oct 07 2023
The conference drew over 200 attendees, including MPs from various Latin American and Caribbean nations, experts, public personalities, and diplomats. “We are convinced that a new world order is being built, and Russia is one of the pillars of this order,” said the Special Representative of the President of Nicaragua for Russian Affairs, Laureano Ortega …
Oct 07 2023
Kraken, an already prominent virtual currency exchange network, just declared its intention to acquire Coin Meester B.V. (BCM) This strategic acquisition aims to cement Kraken’s foothold in the European region while enhancing compliance with the changing regulatory climate. BCM was established in 2017 and has already amassed a reputation as one of the oldest and …
Oct 07 2023
Bitcoin’s price has been on the move throughout the past 24 hours and managed to increase to around $28,000. This comes on the back of millions worth of liquidated short positions and an increased trading volume across the board. As the market sentiment betters, we decided to take the opportunity to poke ChatGPT’s artificial brains …
Oct 07 2023
FTX co-founder Gary Wang revealed more details of Alameda Research’s corrupt relationship with his exchange on Friday. Wang claimed that the function required for Alameda to steal client funds had been baked into FTX’s computer systems back in 2019. As Wang had , Alameda could withdraw unlimited funds from FTX. This feature was later exploited …
Oct 06 2023
Binance, the world’s largest cryptocurrency exchange, announced on Wednesday that it has initiated the process of selling its Russian operations. “Binance has entered into an agreement to sell the entirety of its Russia business to ,” the company said in a statement. Binance emphasized that, while financial details of the transaction would not be disclosed, …
Oct 06 2023
The US commodities regulator has targeted yet another crypto exchange for allegedly running a ‘fraudulent’ digital asset commodity scheme. The Commodity Futures Trading Commission (CFTC) filed a civil enforcement action in the US District Court for the Southern District of Florida against Pennsylvania-headquartered Mosaic Exchange Limited. The CFTC alleged that Mosaic and its operators fraudulently …