Olumide Osunkoya has pleaded guilty to illegally running a crypto ATM network across the UK. Even though the UK Financial Conduct Authority (FCA) denied his registration, his operation handled million...
Category: Crypto
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Ohio Senator Moves to Normalize Crypto Use with New Legalization Bill for Payments
Ohio may soon allow crypto payments for taxes, restoring its 2018 crypto-friendly initiative if Senator Antani’s bill passes. The bill also proposes letting state universities and pension boards inves...
Federal Appeals Court Revives AT&T $24M Crypto Hack Lawsuit
A panel from the Ninth Circuit Court of Appeals has reinstated a key claim in the lawsuit brought by cryptocurrency investor Michael Terpin against AT&T. Terpin claims that AT&T permitted hack...
Moodeng’s Dramatic Plunge: Moodeng Meme Coin Faces 50% Drop in Just Three Days
The recent decline of the Moo Deng (Moodeng) cryptocurrency, based on the viral fame of a Thai hippo, has raised eyebrows. Despite the downturn, many token holders maintain optimism for a future rebou...
Top 5 Events That Could Shake Up the Crypto Market This Week as October Kicks Off
Key economic data and Federal Reserve insights this week could either amplify or derail the anticipated “Uptober” crypto market rally. While the overall crypto market has cooled, specific tokens like ...
Will Pepe Coin Price Rally to $0.000015 In October?
During Monday’s trading session, the Pepe coin price saw a 3% drop, retesting the crucial $0.00001 support level. This bearish movement aligned with Bitcoin’s fall below the $65,000 mark, sparking a c...
UK Prosecutes First Illegal Crypto ATM Operator
In a groundbreaking legal case, Olumide Osunkoya became the first individual in the United Kingdom to admit to operating illegal cryptocurrency ATMs. At 45, Osunkoya pleaded guilty at Westminster Magi...
Crypto Inflows Hit New Heights As Ethereum Funds Break Losing Streak—Bull Run Here?
Global crypto investment products have surged, recording $1.2 billion in net inflows over the past week. This marks the third consecutive week of positive inflows and a notable shift in market sentime...
NEAR And SHIB Biggest Gainers In Crypto Top 20 This Week But That’s Dwarfed By High Roller Presale Storming To $4 Million Raised
The two tokens, Near Protocol and Shiba Inu, have experienced steady growth this week but there’s another contender storming. Rollblock, though still in its presale stage, has already raised an impres...
Stalled Crypto Bill FIT21 Could Become Law by Christmas, Says Rep. Tom Emmer
House Majority Whip Tom Emmer (R-MN) is optimistic that support for crypto legislation has reached a critical mass in the United States—and even believes that FIT21, a stalled crypto market structure ...
Is Crypto Market Ready for These Uptober Token Unlocks?
The crypto market shed millions of dollars and consolidated with negative sentiment. However, the end of Q3 2024 presented the market with bullish cues. Following Binance founder CZ’s release, Bitcoin...
Japan Revises Crypto Rules to Boost Appeal
Japan is currently reassessing its cryptocurrency regulations, with potential outcomes that could significantly alter the landscape for digital assets in the country. This review may lead to a substan...
Crypto Rally Incoming? US Inflation Cooling Down, Says Jerome Powell
Federal Reserve Chair Jerome Powell, during the National Association for Business Economics (NABE) Annual Meeting, in Nashville, stated that the U.S. economy is doing well and has made notable progres...
Trump Crypto Project World Liberty Opens Signups—But Not for All Americans
Presidential candidate Donald Trump’s crypto project World Liberty Financial is finally starting to open up its doors to users—though not all Americans are currently eligible to sign up for the upcomi...
7 Hot Telegram Crypto Games to Play After the ‘Hamster Kombat’ Airdrop
It’s a new era for Telegram crypto games. The long-awaited Hamster Kombat token launch and airdrop happened last week, and while the game is currently in the midst of a short “interlude” season before...
China’s Former Finance Minister Calls Crypto ‘Essential’
Former Chinese Vice Minister Zhu Guangyao emphasized the need to study crypto’s role in the digital economy despite acknowledging its risks, including market instability and its association with money...
Taiwanese Financial Watchdog OKs Foreign Crypto ETFs For Pro Investors
In an announcement on September 30, 2024, Taiwan’s Financial Supervisory Commission (FSC) greenlit foreign crypto exchange-traded funds (ETF) for professional investors. Foreign Digital Assets ETFs Ap...
Best Crypto Investments In 2024 Binance (BNB) Avalanche (AVAX) Or Viral Altcoin Reshaping $400B Gambling Industry
The fallout from crypto’s recent bear market is nearly over as former Binance CEO CZ regains his freedom this week. This will be bullish for Binance Coin, while holders of Avalanche have recently seen...
America will become crypto capital through World Liberty Financial
Former U.S. President Donald Trump announced his plan to make America a “crypto capital” through his new project, World Liberty Financial. “I promised to Make America Great Again, this time with crypt...
Why Crypto Exchange Fastex is Embracing ‘Non-Standard Thinking’: CEO
Crypto exchange Fastex has followed an approach that combines innovation with compliance, its CEO Vakhtang Abrahamyan told Decrypt’s sister media outlet Rug Radio during a wide-ranging conversation at...
Anticipated Moment is Near: Here’s the Time of the Billion Dollar Airdrop and the Latest on the Altcoin’s Launch
The highly anticipated launch of EigenLayer’s native token, EIGEN, will take place on Tuesday at 07:00 UTC+3. The token will be listed on Binance at 08:00 UTC, one hour after its launch. EigenLayer is...
Ohio Senator pushes bill to enable crypto tax payments
Ohio could soon legally accept Bitcoin and other cryptocurrencies for taxes if a new bill by Senator Niraj Antani is enacted into law. On September 30, Ohio State Senator Niraj Antani introduced a bil...
Matrixport Acquires Crypto Finance AG from Deutsche Börse Group in All-Cash Deal
Crypto financial services hub Matrixport announced today that it has completed its all-cash acquisition of Crypto Finance AG, a licensed Swiss crypto asset manager previously part of the Deutsche Börs...
New Development in Trump’s Altcoin! Investors Who Want to Buy Must Do This!
While US presidential candidate Donald Trump came to the fore with his support for Bitcoin and cryptocurrencies, he announced his own cryptocurrency project. Trump-backed DeFi project World Liberty Fi...
Crypto Voters Could Determine Who Wins US Election, Here’s How
Crypto voters are emerging as a potentially decisive bloc in the upcoming 2024 U.S. presidential election. A recent survey conducted by Harris Poll and financed by Grayscale has shed light on the grow...
UK Crypto ATM Operator Faces 26 Years for Fraud and Money Laundering Involving Bitcoin Transactions
The owner of a UK-based crypto ATM network faces prosecution on multiple criminal charges. The charges include fraud and money laundering due to operating without FCA registration. Olumide Osunkoya co...
Japan Set to Review Crypto Regulations: Potential Tax Cuts and Fund Investment Opportunities
Japan to Review Crypto Regulations, Eyeing Lower Taxes and Fund Investment in Tokens In a significant move that could reshape the landscape of cryptocurrency in Japan, the country’s Financial Services...
Crypto Exchange Bithumb Considering Public Listing on Nasdaq: Report
South Korean crypto exchange Bithumb is reportedly telling shareholders that it is mulling a U.S. stock exchange listing. According to local outlet DNews, Bithumb told shareholders on Monday that Sout...
Ghana Launches Gold Coin Priced in Local Currency
Ghana’s central bank launched a gold coin to boost domestic savings and manage liquidity. The coins are available in October and priced based on the London Bullion Market Association auction price. De...
BlockDAG’s 50% Bonus Offer Attracts Crypto Whales as Catizen Prices Slide and DOGS Struggles
Recent trends in the crypto market show mixed results for meme coins and newer tokens. Catizen’s price has fallen 14%, now at $0.7596, worrying its investors. Meanwhile, the DOGS token has not been ab...
Australia’s Vinyl Group Hits the Right Note with $1.6M Serenade Crypto Collectibles Deal
Vinyl Group, Australia’s only listed music company, has acquired the assets of London-based Serenade, a platform focused on digital and physical collectibles, in an equity-based deal valued at u...
Market Crash Coming? Whale Dumps $60 Million in Crypto
In the ongoing price correction, it appears that a crypto market crash is imminent. On September 30, 2024, a whale wallet address “0xcDe” dumped $59.15 million worth of cryptocurrencies to Binance, th...