Tagged: crypto

August 21, 2024 @ 9:50 am By Omar Faridi  |  

Bitget, the cryptocurrency exchange and Web3 company, is pleased to announce the integration of Apple Pay and Google Pay into their platform’s payment system. Both integrations enable users to convert fiat to crypto within 30 seconds, “aligning with Bitget’s ongoing efforts to provide secure, efficient,… Read More

August 16, 2024 @ 3:16 pm By Omar Faridi  |  

Kaspersky has detected an online fraud campaign aimed at stealing cryptocurrency and sensitive information by exploiting popular topics such as web3, crypto, AI, online gaming, and beyond. Targeting individuals worldwide, the campaign is believed to “be orchestrated by Russian-speaking cybercriminals and spreads info-stealing and clipper… Read More

August 16, 2024 @ 6:14 am By Omar Faridi  |  

Carbon emissions from AI and crypto are surging and tax policy can help, according to an update shared by the International Monetary Fund (IMF). Crypto mining and data centers now account “for 2 percent of global electricity use and nearly 1 percent of global emissions,… Read More

August 11, 2024 @ 2:21 pm By Omar Faridi  |  

Bitpanda has partnered with YouGov Deutschland GmbH to survey more than 6,000 Europeans from Germany, France, Switzerland, Austria and Italy to take a look at how attitudes towards crypto are changing. Bitpanda says that they know that digital assets “are seeing more adoption across Europe,… Read More

August 8, 2024 @ 2:17 pm By JD Alois  |  

While the UK is pretty crypto-friendly compared to the US, this does not mean you can flout existing rules. Yesterday, the Financial Conduct Authority (FCA) issued a statement warning digital asset firms to comply with rules. If certain unnamed firms do not improve, “we will act,” the… Read More

July 25, 2024 @ 9:31 am By Omar Faridi  |  

CB Payments Limited (CBPL) has been fined £3,503,546 by the UK’s Financial Conduct Authority (FCA) for repeatedly breaching a requirement that “prevented the firm from offering services to high-risk customers.” CBPL is part of the Coinbase Group, which operates a cryptoasset trading platform that is… Read More

July 13, 2024 @ 11:06 am By Omar Faridi  |  

While public blockchains are inherently transparent and traceable, illicit actors turn to cryptocurrencies “to launder ill-gotten gains for the same reasons people use them for legitimate purposes: they are cross-border, virtually instant, and generally inexpensive to transact,” the team at Chainalysis noted in a blog… Read More

July 8, 2024 @ 10:40 am By Omar Faridi  |  

Cryptocurrency markets continued to decline during this past  week, with the total market cap slipping by 1.3% compared to the previous week, while bitcoin’s dominance remained steady above 53%, the team at Talos noted in their digital assets / blockchain industry recap report. Talos pointed… Read More

July 7, 2024 @ 5:38 pm By Omar Faridi  |  

The past few weeks have been really hectic for the crypto and blockchain space and certain developments may have gone somewhat unnoticed. For instance, Yield App, which claimed to have been focused on unlocking the full potential of digital assets “with a simple, safe, and… Read More

June 30, 2024 @ 11:50 am By Omar Faridi  |  

Consensys claims that it fully expected the US Securities and Exchange Commission (SEC) to follow through on its threat to claim their MetaMask software interface must register as a securities broker. Consensys further noted via social media that the SEC has been pursuing an “anti-crypto… Read More

June 25, 2024 @ 9:43 pm By Omar Faridi  |  

Jeremy Allaire, the CEO and Founder at stablecoin issuer Circle, says he’s more bullish than he has ever been about crypto. Deeper Dive into my Long Form Post/Cast on why I’m more bullish than I have ever been about crypto.https://t.co/BuQ5UoaQSg “Public blockchain infrastructure has evolved… Read More

June 24, 2024 @ 10:40 am By Omar Faridi  |  

OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, announced its participation in the Series A investment round for Avail, a unification layer designed to solve rollup fragmentation at scale. Avail aims to scale and unify rollups and “the modular… Read More

June 20, 2024 @ 6:55 am By Omar Faridi  |  

H1 2024 has reportedly been the biggest start to the year in CoinList history. The token launch meta shifted “from high FDV launches via airdrops to sales (fixed, node, auctions) and community rounds.” At CoinList, they’re committed to “offering their community the same, or better,… Read More

June 6, 2024 @ 7:08 am By Omar Faridi  |  

Anchorage Digital Bank N.A. is the only federally-chartered bank not impacted by Staff Accounting Bulletin No. 121 (SAB 121), allowing them to provide custody at scale to institutional clients across the crypto ecosystem. The goal of SAB 121—to ensure that investors are “informed about the… Read More

May 16, 2024 @ 11:36 am By Omar Faridi  |  

A US Department of Justice (DOJ) indictment was unsealed, charging Anton Peraire-Bueno, 24, of Boston, and James Pepaire-Bueno, 28, of New York, with conspiracy to commit wire fraud, wire fraud, and conspiracy to commit money laundering. The charges in the indictment arise “from an alleged… Read More

May 1, 2024 @ 6:49 pm By Omar Faridi  |  

Users of the Uniswap mobile app can now buy crypto with a debit card, via bank transfer, or directly from their Robinhood balance using Robinhood Connect (available only for users in the United States). To mark this launch, Robinhood is reportedly “giving $10 of USDC… Read More

April 26, 2024 @ 5:13 pm By Michael Wong  |  

The UK government has granted new powers to the National Crime Agency (NCA) and police forces, effective today, to seize, freeze, and destroy cryptoassets involved in criminal activities, Irish Legal News has reported. This regulatory update addresses the increasing exploitation of cryptocurrencies by criminals, including… Read More

March 3, 2024 @ 11:52 pm By Michael Wong  |  

The United Kingdom has taken a decisive step by introducing new legislation aimed at curbing the use of cryptocurrencies in criminal activities. Set to take effect on April 26, 2024, the updated Statutory Instrument under the Economic Crime and Corporate Transparency Act 2023 grants law… Read More

January 15, 2024 @ 8:27 am By Omar Faridi  |  

FINRA published its 2024 FINRA Annual Regulatory Oversight Report, formerly known as the Report on FINRA’s Examination and Risk Monitoring Program. The report provides member firms “with key insights and observations from recent activities of FINRA’s regulatory operations to use in strengthening their compliance programs.”… Read More

December 14, 2023 @ 5:45 am By Omar Faridi  |  

Approval phishing is a scamming tactic that has existed for many years, the Chainalysis team notes. But whereas approval phishing scammers have historically “targeted wide swaths of crypto users through the proliferation of fake crypto apps, romance scammers (also known as pig butchering scammers) appear… Read More