Crypto mixer, which can obfuscate data linking a user to certain transactions, is designed to preserve privacy. But it also makes an obvious hotbed for all sorts of illicit activities. Hence, governme...
Category: Crypto
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Crypto.com kicks off rollout of its US exchange platform
advertisement Cryptocurrency platform Crypto.com has begun to roll out its exchange to waitlisted users in the US as it boosts its presence in the world’s biggest economy. Initially, its exchan...
Kazakhstan Shuts 106 Crypto Mining Farms; Seizes $193M Worth Equipment
Kazakhstan government has hammered 106 crypto mining farms for illegally carrying out crypto mining activities. The administration has discovered some ex-officials and richest businessmen in Kazakhsta...
Arta Fintech to offer crypto financing
Crypto financing firm in Hong Kong will offer crypto financing Cryptocurrency enabled financing services are now offered by many firms Blockchain powered lending system for SME borrowers will be ens...
FTX Europe becomes the first crypto exchange licensed under Dubai’s regulatory framework
FTX Europe & MENA (FTX Europe) recently announced that it has obtained a license to establish and operate its virtual asset exchange and clearing house services in Dubai, United Arab Emirates (UAE...
Ukraine Conflict Raises Investors’ Confidence in Crypto Funds
Global investors have been pouring money into cryptocurrency funds and companies since witnessing how digital assets have been used during the conflict in Ukraine. Venture capital investments in the c...
What is BNB Coin and How Does it Work?
BNB or Binance Coin is another popular cryptocurrency where many people invest. This cryptocurrency was built using the ERC20 token and on the Ethereum blockchain network. BNB is Binance cryptocurrenc...
Top 3 Crypto Liquidity Pools 2022: Uniswap, Balancer, & FIREPIN!
Liquidity pools are a rather new concept in the cryptocurrency world. Cryptocurrencies such as PancakeSwap (CAKE), Balancer (BAL), and FIREPIN (FRPN) offer these to holders. Liquidity pools are pools...
Dedicated crypto teams booming within traditional financial firms
Despite the financial volatility that has engulfed the global economic landscape over the last month or so, there seems to be no stopping the growth of the cryptocurrency market, especially the nonfun...
How Centralized Crypto Lenders Obtain High Yields for Customers
Key Takeaways Crypto lenders are applying known strategies from TradFi (Traditional Finance) to obtain attractive yields and low fees for their customers. High yields come with the potential cost of i...
Blockchain Forensics Firm Uncovers 15 Million Crypto Addresses Tied To Sanctioned Russians
A crypto forensics firm announced the discovery of information on a digital wallet believed to be associated with Russian oligarchs and sanctioned officials. Tom Robinson, co-founder of Elliptic, disc...
Top Crypto Analysts Issue Bitcoin Warning, Predict Final Capitulation Event for BTC
A pair of closely tracked crypto strategists are warning that Bitcoin (BTC) is gearing up for a severe corrective event that could send BTC close to the $30,000 price area. Pseudonymous crypto analyst...
Crypto.Com Announces ‘Initial Phase’ of US Launch
Cryptocurrency exchange Crypto.com has announced today that it has begun the “initial phase” of its exchange platform launch in the United States, per a company statement. “We are excited to be expan...
The US Creates New Crypto Task Force, Kleptocapture, To Choke Flow Of Russian Billionaires Money
Kleptocapture task force would be composed of professionals in export control enforcement The task force will also look into matters like anti-money laundering, asset forfeiture, tax enforcement, and ...
FTX Wins Approval to start crypto exchange in Dubai
FTX has become the first crypto exchange to win approval to operate in Dubai. FTX plans to establish a regional headquarters in the city and offer “crypto-derivatives products with centralized counter...
PayPal CEO: “crypto has greater utility in payments”
Dan Schulman, CEO of PayPal, has expressed his views on cryptocurrencies, stating that the most curious part is how crypto can provide greater utility in payments. PayPal CEO: crypto provides utility...
Binance Strengthens Foothold in Middle East With Bahrain’s Crypto Asset Service License
The world’s largest cryptocurrency exchange, Binance, has been awarded a crypto-asset service provider license from the Central Bank of Bahrain (CBB). As the company continues to face increased scruti...
Binance Becomes the First Crypto Asset Service Provider in the Arabian Gulf
Although cryptocurrencies are increasingly used for transactions and purchases, their legality still remains in the shadows in many regions. This significantly hinders the firms’ ability to acquire cu...
UK financial watchdog seeks crypto talent amid new crackdown
The United Kingdom’s Financial Conduct Authority (FCA) is seeking senior executives with cryptocurrency-related expertise as the regulator is preparing to launch a new crypto department to regulate th...
India Taxman Lines-Up Crypto Tax Dodgers in His Sights
The taxman in India is on the hunt for around 700 high-net-worth individuals who have appeared on his radar. If caught, they face being slapped with 30% tax, a penalty, and interest charges. “We have ...
Crypto exchange FTX acquires license to establish headquarters in Dubai
TL; DR Breakdown FTX receives permission to establish a headquarters in Dubai Binance has also been permittted to expand its services in Bahrain, Middle East. FTX, a major global cryptocurrency exchan...
PayPal’s CEO shows optimism that crypto will redefine the financial world
The CEO of PayPal, Dan Schulman, has stated that the digital asset sector can redefine the financial sector. Schulman’s latest comment reiterates his support for the cryptocurrency industry. Shulman’s...
Crypto Term “HODL” Probably Shouldn’t Even Exist
Patience can be an extraordinary virtue Analysts claim those engaged in HODLING arguably know the best approach HODLING has established a whole separate culture in cryptoverse Who would’ve known...
Bitcoin Below $39K After EU Vote on Crypto Regulation
Bitcoin (BTC) was little changed Monday after a proposal that could have effectively banned bitcoin across the European Union (EU) was rejected. The Markets in Crypto Assets (MiCA), the most comprehen...
Deus Finance hacked: About $3M in crypto drained
TL;DR Breakdown: At least $3 million in cryptocurrency has been stolen from Deus Finance. The hacker tricked the oracle contract into the pricing of the LP using flash loans. DEUS token is down 30% f...
FTX crypto exchange wins license in Dubai to open local headquarters
Major global cryptocurrency exchange FTX is expanding operations in the United Arab Emirates by receiving a virtual asset license in Dubai. The license is apparently granted under a new cryptocurrency...
FTX Europe Becomes First Exchange to Receive Crypto License in Dubai
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
Binance lands in Bahrain as crypto service provider
Binance, the largest cryptocurrency exchange, has been licensed as a crypto service provider by the Central Bank of Bahrain (CBB). Binance and the license as a crypto service provider in Bahrain The ...
Crypto Traders Are Bullish on Bitcoin, XRP and Binance Coin – But Bearish on One Large-Cap Altcoin: Santiment
A crypto analytics firm says traders have become “optimistic” on Bitcoin and a pair of large-cap altcoins. Santiment is detailing a breakdown of trader’s sentiment on specific large-cap crypto assets....
Better Business Bureau Warns About Cryptocurrency — BBB Ranks Crypto Scams Second Riskiest – Regulation Bitcoin News
The U.S. Better Business Bureau (BBB) says cryptocurrency scams have become the second riskiest. In addition, the organization noted that “Payment made via cryptocurrency that resulted in a monetary l...