Australia’s National Disability Insurance Scheme (NDIS) is on high alert following a high-profile ransomware attack on law firm HWL Ebsworth, where sensitive client information may have been compromi...
Category: Crypto
Live Crypto News Updates.
Crypto.com Is Trading on Its Own Exchange, Insists That’s Totally Fine
Crypto.com has some of its team trading tokens for profit, according to a newspaper report today. The Financial Times reported Monday that the Singapore-based cryptocurrency exchange operates proprie...
BIS says crypto is a ‘flawed system’ but tokenization could underpin future financial system
The Bank for International Settlements (BIS) said crypto and DeFi have highlighted “tokenization’s promise,” but ultimately, crypto is a “flawed system” that cannot become the “future of money.” The g...
Gemini Goes Global: Expands Singapore Hub To Drive Crypto Adoption Beyond US Shores
Gemini, the US-based cryptocurrency exchange founded by the twin brothers Tyler and Cameron Winklevoss, has announced its plans to expand its operations in the Asia-Pacific (APAC) region. The company...
Deutsche Bank crypto plans aid Bitcoin price trip to $27.5K June highs
Bitcoin (BTC) achieved new highs for the month after the June 20 Wall Street open as observers stayed cautious on market strength. BTC/USD 1-day chart. Source: TradingView “No meaningful trend shift” ...
New Crypto Exchange Backed by Fidelity, Schwab and Citadel Launches With Additional Investors
One thing that separates EDX Markets from other crypto exchanges is that it doesn’t custody customers’ digital assets. Instead, users will have to go through financial intermediaries to buy and sell c...
Deutsche Bank Applies for License To Offer Crypto Custodial Services
3 hours ago | 2 mins read Exchange News This change is part of the bank’s larger goal to boost fee revenue for its corporate division. Deutsche firm’s latest action comes after the firm had a severe l...
Gemini plans Asia-Pacific expansion as part of ‘next wave of growth for crypto’
United States-based cryptocurrency exchange Gemini, founded by Cameron and Tyler Winklevoss, has announced plans to expand into the Asia-Pacific (APAC) region. In a June 19 blog post, Gemini said it p...
Crypto Analyst Flips Bullish on Ethereum, Predicts Steady Rally for ETH in Coming Months – Here’s His Target
A closely followed crypto strategist believes that Ethereum (ETH) is poised to surge as it continues to show relative signs of strength despite the recent correction in the altcoin markets. Pseudonymo...
Crypto Lawyer Faults SEC’s Theory on XRP Secondary Sales
Tomiwabold Olajide SEC has nothing to support theory on XRP secondary sales, crypto lawyer says CryptoLaw founder and XRP holders’ attorney John Deaton faults the SEC’s logic on XRP second...
Fidelity, Charles Schwab, Citadel and More Back Newly Launched Crypto Exchange
A group of the biggest financial institutions in the world are backing the newly launched digital asset marketplace EDX Markets (EDX). According to a new press release, the company received a round of...
Robinhood’s crypto trading volume falls in May, this hybrid exchange can take over
Robinhood, a popular trading platform, has announced that its crypto trading volumes plunged in May amidst a regulatory crackdown on centralized entities. Cryptocurrency traders are migrating from cen...
Binance Coin And Litecoin Down Over 10% On Weekly Chart, TCRV Up Over 80% On The Monthly
Some of the most notable cryptocurrencies have been massacred in terms of value, with dips of over 10%, sending investors into a frenzy to look for alternatives to get into and make up for their losse...
Industry Heavyweights Launch Crypto Exchange Dubbed EDX Markets
2 hours ago | 2 mins read Exchange News EDX Markets began conducting transactions with the backing of industry heavyweights. Only Bitcoin, Ethereum, Bitcoin Cash, and Litecoin will be available for tr...
Crypto Payments Firm Wyre Winding Down Due to ‘Market Conditions’
Crypto payments firm Wyre announced on Friday that it is set to wind down operations, after nearly a decade in the business. “Due to market conditions, we made this decision to protect the best ...
Top Altcoins That May be the Next 100x Gems of the Crypto Space
Altcoins are plunging and, hence, are offering a good buying opportunity, as some appear to be at the foothills of a massive explosion. Bitcoin is gaining back its dominance and is approaching the 50 ...
Deutsche Bank latest institution to enter crypto arena
Deutsche Bank is seeking to increase its income in the digital assets space and has applied for a licence in Germany. A potential income stream According to a report earlier on BNN Bloomberg, the larg...
Crypto VC market flashes green amid macroeconomic recession alarms
Crypto venture capital investments were on the rise for the second month in a row in May despite the generally declining economic backdrop. Funding amounts surged 34% from April, and the number of ind...
Fidelity, Schwab, and Citadel launch new institutional crypto exchange
EDX Markets, a crypto exchange with backing from prominent financial entities, including Charles Schwab, Fidelity Digital Assets, and Citadel Securities, has officially commenced trading in four crypt...
TradFi participation, clear rules crucial for crypto adoption: Laser Digital CEO
According to Jez Mohideen, the CEO of Laser Digital, the ongoing regulatory debates surrounding cryptocurrencies will play a crucial role in determining the future trajectory of institutional adoption...
Crypto.com Trading Practices Called into Question
A recent report by the Financial Times revealed Crypto.com operates proprietary trading and market-making teams. A report by the Financial Times revealed that Singapore-based crypto exchange Crypto.co...
Crypto & Stablecoin Law OK’d by U.K. Parliament’s Upper House
The U.K. is trying to install crypto regulations, and on June 19, 2023, the Financial Services & Markets Bill (FSMB) was approved by the House of Lords, thereby inching closer to reality. The long...
Crypto Exchange Backed by Fidelity and Citadel Securities Starts Operations in US
EDX Markets plans to step into the crypto space just when the regulatory developments are quite hot and the US SEC has been cracking hard on crypto firms. The cryptocurrency landscape in America seems...
Uniswap founder calls US’ approach to regulating crypto ‘sad and unfortunate’
Uniswap founder Hayden Adams said the U.S. has not been “very thoughtful or very good” in its approach to regulating the crypto industry, which is “a little bit sad and unfortunate.” Adams made the co...
‘Explain This Bob’ AI Twitter Bot Suspended After Elon Musk Calls it ‘Scam Crypto Account’
An artificial intelligence chatbot powered by OpenAI’s GPT-4 has been removed from Twitter after the social media site’s billionaire owner Elon Musk labeled it a “scam crypto account”...
Deutsche Bank Joins Wall Street Takeover of Crypto
Deutsche Bank has applied for a digital asset custody license with BaFin as traditional finance (TradFi) firms use asset tokenization to stage a silent takeover of the crypto industry. The company wan...
Deutsche Bank Filed Application For Crypto Custody License
Massive adoption of crypto has been a hot topic for global financial enthusiasts since last few years dozens of traditional services providers have entered the industry as they claim crypto as the fut...
EU Commission Brushes Off Data Act Fears by Crypto Industry
The letter, signed by companies such as Fujitsu, Ledger and Ripple and lobbying organizations the European Crypto Initiative and Blockchain for Europe, says that the law would jeopardize smart contrac...
Former Binance Payment Partner Cuscal Imposes New Crypto Restrictions
Key Points: Blockchain Australia stated that Australian payment provider Cuscal, through its partner Zepto, has imposed new banking restrictions on cryptocurrency exchanges in Australia. Last month, t...
Deutsche Bank Seek BaFin License to Provide Crypto Custody Services
Deutsche Bank’s application for regulatory approval is a positive step toward the development of a regulatory framework for digital asset custody services in Germany. Deutsche Bank AG (ETR: DBK), one ...
Romanian prosecutors confiscate $500k in crypto
Accused of rape, human trafficking, and organized crime for the sexual exploitation of women in Romania, Andrew Tate has faced asset seizures in bitcoin (BTC) by prosecutors. Initial reports claiming ...
Failure to move new crypto law could make US less attractive: Moody’s
If Democrats and Republicans don’t reach consensus on how to regulate cryptocurrencies, the U.S. will become less attractive for firms and investors as other countries move ahead with their own rules,...