Bitcoin ($BTC) and Ethereum ($ETH) are experiencing a notable dip, with both cryptos seemingly taking a breather after a period of sustained optimism. $BTC is now hovering around $30,600, while $ETH i...
Category: Crypto
Live Crypto News Updates.
Crypto Hacks Continue To Plague The Industry: Over $14 Million Stolen So Far In July
According to a CNBC report, US Hamilton police have arrested and charged two 17-year-old boys after allegedly stealing $4.2 million worth of cryptocurrency from an American man. The police said the tw...
Crypto: shares of crypto ATM operator up 12%
Recently, shares of Bitcoin Depot, a Crypto ATM operator, rose 12% during its stock market debut. At the end of the day on Monday, BTM shares closed at $3.61, showing an increase of nearly 12% over G...
Crypto Operators In South Africa Must Register By November 30 Says FSCA
– Advertisement – Summary: Crypto exchange operators in South Africa have until November 30 this year to apply for a license. This forms part of a plan by the country’s Financial Sector Co...
Saxo Bank ordered to dispose of crypto holdings by Denmark’s DFSA
The DFSA ordered the Saxo Bank to dispose of its own holdings in crypto. The Financial regulators in Denmark have said that local banks are not allowed to hold crypto to hedge against trading risks. D...
Saxo Bank Asked To Stop Crypto-Related Activities By Danish Regulator
Key Points: The Danish Financial Supervisory Authority has ruled that Saxo Bank’s proprietary cryptocurrency transactions are not within the legal business scope of financial institutions. Unregulated...
OPNX launches ‘oUSD’ credit currency for crypto margin trading
Crypto futures exchange OPNX has launched a credit currency for margin trading, according to a July 5 statement made to Cointelegraph from the exchange’s co-founder, Mark Lamb. Called “oUSD,” the curr...
Danish FSA Orders Saxo Bank to Divest Crypto Holdings, Indicating Tightening Regulation
The Danish Financial Supervisory Authority (Finanstilsynet) on July 4, 2023, issued a directive to Saxo Bank, instructing the financial institution to divest its holdings in cryptoassets. This move is...
Danish authority orders Saxo bank to divest crypto holdings, citing distrust in financial system
Denmark’s Financial Supervisory Authority (FSA) ordered investment bank Saxo to divest its cryptocurrency holdings because financial institutions in the country are prohibited from crypto trading acti...
South Africa announces deadline for crypto exchange licenses
Crypto exchanges operating without a license after 30 November could invite enforcement action. 9.44% of South Africa’s total population owned cryptocurrency. South Africa has announced a deadline of ...
Crypto Bank Anchorage Digital Sees 80% Jump In Assets Under Custody In Q1 2023
Key Points: Anchorage Digital has experienced a significant increase in business due to a growing demand for safer custody of assets in the crypto industry. The company reported an 80% jump in assets ...
South Africa Updates Crypto Exchange Licensing Rules
Crypto exchanges will be classified as financial service providers. With an estimated 6 million people in South Africa owning cryptocurrencies, South Africa’s financial regulator has updated its crypt...
Denmark orders Saxo Bank to get rid of its crypto — for now
In Denmark, the financial regulator has instructed Saxo Bank to scrap its crypto holdings due to their unregulated status in the country. The Danish Financial Supervisory Authority (FSA) said that the...
UK FCA Sets Crypto Advertising Deadline and Penalties
The UK Financial Conduct Authority (FCA) has asked crypto firms marketing to UK customers to comply with its guidelines by October 8, 2023. As the UK moves to regulate crypto, its financial watchdog h...
Crypto: liquid staking rising strongly on Solana
The total value locked on liquid staking crypto protocols is rising on Solana’s blockchain: the trend is expanding outside Ethereum as well. As a result of the Shapella update and the integration of L...
July has already witnessed crypto hacks worth upto $14 million
Two Canadian teenagers recently executed a crypto hack, stealing $4.2 million from a U.S. victim. Last weekend, cross-chain bridge Poly Network suffered a hack worth $5-$10 million. July has hardly st...
Crypto prices rising and sentiment flipping but liquidity & macro picture are ominous
Key Takeaways Crypto prices are rising sharply, with Bitcoin up 20% in the last three weeks The filing of a number of high-profile Bitcoin ETFs has pushed optimism in the market Under the hood, liquid...
Taiwanese Government to tackle crypto-powered election bribery
The government of Taiwan has signaled plans to bar crypto from its 2024 presidential elections. The move aims to curb bribery and corrupt practices. The nation’s Supreme Court has prosecuted over 1,30...
Traders Think This New Meme Coin Could Explode After Raising $12.5m
As the crypto community continues to ride the wave of meme coins, a new contender is turning heads – Wall Street Memes ($WSM). During a massively successful presale that has now raised $12.5m, Wall St...
Crypto hacks and exploits snatch over $300M in Q2 2023: Report
More than $300 million in digital assets were lost to crypto hacks and exploits in the second quarter of 2023, according to on-chain data compiled in the quarterly report by the blockchain security co...
Binance Coin is Predicted to Drop to $190.94 By Jul 10, 2023
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation,...
Crypto Skeptic Raises Arguments Against the Creation of CBDCs
Former SEC official John Reed Stark highlighted the challenges posed by CBDCs. Comparing traditional financial institutions and crypto exchanges, he argued that the former is regulated while the latte...
Canadian teens impersonate Coinbase support, stealing over $4m in crypto
Two teenagers from Canada have been apprehended and charged in connection with a cryptocurrency theft amounting to $4.2 million. According to reports on July 4, the accused individuals posed as Coinba...
Crypto Trading Volumes Surge Amid ETF Optimism After 3-Month
CCData’s most recent report on the crypto market’s performance has unveiled some promising trends. After a dreary three-month dry spell, June signaled a revival with a notable increase in trade volume...
Golteum Rises to Prominence in Crypto Market
SPONSORED POST* With the rapid growth and increasing adoption of cryptocurrencies, many investors and traders are looking to enter this dynamic market. However, the vast array of established cryptocur...
AI would pick Bitcoin over centralized crypto
If humanity were to amalgamate with artificial intelligence in the future, Bitcoin could be the native currency of choice for sentient machine intelligence, according to Tether CTO Paolo Ardoino. Ardo...
Crypto Whales Are to Meet at Blockchain Life 2023 in Dubai
[PRESS RELEASE – Dubai, UAE, July 5th, 2023] Influential figures such as heads of global funds, government officials, investors, business owners, and promising startups come together in Dubai to shape...
Crypto has 3 months to clean up UK ads — or face jail and ‘unlimited’ fines
The UK financial watchdog is calling on crypto firms to fall in line with the regulator’s new rules for ads by October. The Financial Conduct Authority’s new rules target how companies communicate in...
Global Crypto Market Skyrockets as Cardano (ADA) Volume Explodes and DigiToads (TOADS) Presale Soars
The cryptocurrency market is experiencing a surge in activity and excitement as several projects gain significant momentum. Among them, DigiToads (TOADS) stands out with its skyrocketing presale, rais...
South Korea prepares further crypto legislation focused on asset issuance, stablecoin regulation
South Korea’s financial authorities are preparing for the second phase of virtual asset legislation to regulate various aspects of the country’s crypto market, local media ChosunBiz reported on June 5...
Binance is building the next chapter in crypto’s future
In the fast-paced world of cryptocurrencies, one platform has differentiated itself from the rest of the fray – Binance. What began in 2017 as a simple app and website for crypto transactions has sinc...
UK Bill Empowering Authorities to Confiscate Crypto Approved by House of Lords
The UK’s Economic Crime and Corporate Transparency Bill passed a third reading after a meeting of the House of Lords (the Parliament’s upper chamber). If officially approved, the legislation will allo...