Coinbase Calls for a Unified Crypto Scam Reporting System In the fast-paced and ever-expanding world of cryptocurrency, scams and fraudulent activities have unfortunately become all too common. As the popularity of digital assets continues to soar, so do the risks associated with malicious actors looking to exploit unsuspecting investors. Recognizing the urgent need for a […]
Kraken about to boost UK crypto services
Kraken Set to Revolutionize Crypto Services in the UK Kraken, one of the leading cryptocurrency exchanges globally, is gearing up to enhance its services in the United Kingdom. The move comes in response to the skyrocketing demand for crypto services in the region, with a recent survey revealing that 12% of UK adults are now […]
CoinDCX to manage seized crypto assets for India’s enforcement directorate
CoinDCX to Provide Secure Custody Services for India’s Enforcement Directorate The world of cryptocurrency continues to expand and make its mark in various sectors, including law enforcement and asset management. Recently, CoinDCX, a leading cryptocurrency exchange based in India, has been tasked with managing seized crypto assets for the country’s Enforcement Directorate. This move marks […]
Kraken wins legal battle as SEC ends registration lawsuit
Kraken Wins Legal Battle as SEC Ends Registration Lawsuit In the ever-changing landscape of cryptocurrency regulations, a recent victory for Kraken, one of the leading cryptocurrency exchanges, marks a significant milestone for the industry. The Securities and Exchange Commission (SEC) has decided to end its registration lawsuit against Kraken, signaling a potential shift towards a […]
Binance to remove non-MiCA compliant stablecoins in Europe
Binance Takes a Stand: Removing Non-MiCA Compliant Stablecoins in Europe In a bold move towards regulatory compliance, Binance, one of the world’s largest cryptocurrency exchanges, has announced its decision to remove non-MiCA compliant stablecoins from its platform in Europe. This strategic shift comes in response to the Markets in Crypto-Assets (MiCA) regulations set forth by […]
Stolen Bybit funds laundered at alarming speed
Stolen Bybit Funds Laundered at Alarming Speed The recent security breach at Bybit has sent shockwaves through the cryptocurrency community, with the hacker managing to launder over half of the stolen Ethereum in record time. This brazen act has not only highlighted the vulnerabilities in the digital asset space but has also raised concerns about […]
SEC drops Gemini case
SEC Drops Gemini Case: What This Means for the Future of Crypto Regulation The Securities and Exchange Commission (SEC) has recently made a significant decision that is sending ripples through the cryptocurrency industry. The regulatory body has dropped the case against Gemini, a popular cryptocurrency exchange founded by the Winklevoss twins. This move comes as […]
Crypto exchange Bybit loses $6 billion in two days
Crypto Exchange Bybit Faces Major Setback: Loses $6 Billion in Two Days Crypto exchange Bybit recently experienced a significant loss of $6 billion in just two days, sending shockwaves through the digital currency market. This turn of events has once again brought to the forefront the concerns surrounding security and liquidity in the volatile world […]
KuCoin applies for MiCA licence to expand in Europe
KuCoin Seeks MiCA Licence to Strengthen Presence in Europe In the ever-evolving world of cryptocurrency, regulatory compliance plays a pivotal role in determining the success and longevity of digital asset service providers. As the Markets in Crypto-Assets (MiCA) framework takes shape to create a more harmonized regulatory environment across the European Economic Area (EEA), KuCoin […]
Nigeria demands $81.5 billion from Binance over taxes and currency impact
Nigeria’s Lawsuit Against Binance: Unpacking the $81.5 Billion Demand Nigeria, a country at the forefront of cryptocurrency adoption in Africa, has recently made headlines by filing a lawsuit against the global cryptocurrency exchange, Binance. The lawsuit, brought by Nigeria’s Federal Inland Revenue Service (FIRS), demands a staggering $79.5 billion in damages for alleged economic losses, […]