These standards outlined how banks should manage their exposure to cryptocurrency assets. This was a noteworthy step towards creating a more transparent and accountable environment for the cryptocurre...
Category: Crypto
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BIS to oblige banks to disclose crypto exposure starting 2025
In a consultative document, the Basel Committee said the measures would reduce information asymmetry among banks and market participants. Financial institutions might soon be required to disclose thei...
Crypto whale Dumped 13,871 ETH: What’s next?
In the fast-paced and unpredictable realm of cryptocurrency, there are few things as fascinating as a massive whale move. Just two hours ago, a crypto whale stunned the market by dumping a staggering ...
Met Police unmask crypto’s role in crime syndicates |
TLDR Met Police highlight cryptocurrency’s central role in organized crime. A specialized team of 40 experts at Met investigates crypto-related offenses. Despite digital currency value fluctuations, c...
Singapore Forms Task Forces to Combat Rising Crypto Crimes
Singapore has established task forces to tackle rising crypto crimes and other illicit activities in the field of technology. Technology has been evolving swiftly, and massive developments have been m...
Urgent Need for Clear Crypto Directives for U.S. Banks
FDIC’s Crypto Conundrum The U.S. Federal Deposit Insurance Corp. (FDIC) has been spotlighted for its lack of clarity in advising banks under its jurisdiction regarding cryptocurrency expectations. Thi...
crypto exchange Valr announces the partnership with Visa
News from Africa: South African crypto exchange Valr recently announced that it has entered into a partnership with Visa, the renowned global credit card company, to expand the reach of its services. ...
SUI Coin Faces Fraud Claims: Price Hits All-Time Low
The native token of the Sui blockchain, SUI, recently hit an all-time low, dropping to $0.367, marking a 5.5% decrease in 24 hours. It is down 8.7% over the past week. The Sui Foundation has faced all...
Is This the Best Meme Coin to Buy Now? A Potential Alternative Emerges as SHIB and DOGE Struggle
With both Dogecoin (DOGE) and Shiba Inu (SHIB) struggling, a potential alternative for the best meme coin to buy emerges. Meme Kombat (MK) is a new crypto project that threatens to disrupt the meme co...
JPEX scandal causes Hong Kong to lose trust in crypto, survey finds
The survey discussed in detail the changing attitude of Hong Kong residents towards crypto assets. 41% of the respondents said they preferred not to hold crypto assets. The JPEX crypto scam had led to...
How the UK became the Crypto King of Europe |
TLDR The United Kingdom dominates as the top cryptocurrency hub in Central, Northern, and Western Europe. Within a year, the UK handled $252.1 billion in crypto transactions, outperforming regional pe...
Could it Be the Best Crypto to Buy Now?
Web3 has revolutionized every sphere of online activity, including cryptocurrency. Cryptocurrency has transformed the gaming sector as it integrates with popular games, becoming an acceptable currency...
Hong Kong’s attitude toward crypto sours after JPEX saga: Survey
Public attitude toward cryptocurrency in Hong Kong has taken a dive following the JPEX crypto exchange scandal, according to the initial findings of a new survey. The survey, conducted by The Hong Kon...
European Union Embraces New Crypto Regulations for Tax Reporting
DAC8 mandates that crypto exchanges declare their clients’ holdings to tax authorities. The paper will be published in the Official Journal of the European Union. The crypto community witnessed the of...
The Urgent Need for Crypto Regulation and Compromise
Yes, the desire to build bridges. While what’s on each side of the bridge may vary, the concept of unifying remains. Addressing policy and regulatory framework, tensions between TradFi and DeFi, strea...
Vitalik Buterin’s $15m crypto transfer: What’s the play?
TLDR Vitalik Buterin transferred $14.9 million in USDC to the Gemini cryptocurrency exchange. The transfer spurred rumors, but Buterin clarified he’s donating for charitable purposes, not selling Ethe...
Unmasking Crypto Scammers: Evasion Techniques and Countermeasures
Scams, malicious breaches, hacks, and cyber attacks have emerged as a significant bottleneck for the crypto industry. It has been a headwind in its trajectory to achieve super-exponential growth at pa...
accusations against the Rarible crypto platform
Over the past few days, the crypto platform Rarible has been the subject of serious accusations regarding certain NFT auctions. The Non-Fungible Token market has been going through a difficult period...
Implications and lessons in crypto security
Stake.com was recently hacked for $41 million. What happened during the incident? How did the crypto casino giant respond to the attack? The implications and lessons for crypto. The security breach th...
New UK legal aid scheme omits crypto as liquid asset
UK citizens hoping to access legal aid through the proposed Help with Fees (HwF) scheme will not have cryptocurrency assets classified as disposable income. A new report from the UK Ministry of Justic...
Coinbase lobbying efforts face setback from Hamas’ crypto use: Berenberg analysts
The use of cryptocurrency by Hamas militants to fund recent attacks on Israel may have set back Coinbase’s crypto lobbying efforts in the United States, says a new investment report from Berenberg Cap...
Sen. Elizabeth Warren joins over 100 U.S. lawmakers urging for swift action on crypto-financed terrorism – Cryptopolitan
TLDR Bipartisan group of lawmakers sends letter to Biden administration, raising concerns about cryptocurrency’s role in financing terrorism. The letter calls for immediate governmental action and ask...
UK Emerges as Top Crypto Economy in Europe, Third Largest Globally: Report
Market News The UK is the largest cryptocurrency economy in Central, Northern, and Western Europe (CNWE). In 2023, the UK was the third largest cryptocurrency economy globally in terms of on-chain tra...
Crypto Prices Today: BTC, APE, BLUR Stable But BIGTIME Stumbles
BTC, APE and BLUR saw their prices increase over the past 24 hours of trading. On the other hand, BIGTIME experienced a more than 22% retracement after its price rose 250% in the past week. APE manage...
U.S. Sen. Warren Demands Action on Crypto’s Role in Financing Terrorism
A bipartisan group of over 100 lawmakers is pressuring the Biden administration to address the growing use of cryptocurrencies to finance terrorist activity. This comes after recent reports found the ...
Crypto holdings of banks must be public by 2025: Basel watchdog
A group of international banking regulators have proposed that major institutions disclose their exposure to crypto assets by 2025. The Basel Committee on Banking Supervision (BCBS) released draft gui...
Why Altcoin Buying May Need A Break
In a recent trend evident on crypto charts, Bitcoin dominance is once again on the rise, prompting some traders and investors to rethink their strategies concerning altcoins. An in-depth analysis of t...
More War? SEC Adds Crypto to Examination Priorities
The U.S. regulatory agency has earmarked the digital asset industry for further scrutiny in the coming year. The United States Securities and Exchange Commission (SEC) may not be done with its ongoing...
Binance CMO praises crypto ability to give people ‘control’ yet questions the state of public ‘trust’
Binance CMO Rachel Conlan has presented a bullish outlook on the future of the crypto industry despite the growing regulatory hurdles and criticisms it faces, stating that crypto gives people “control...
Coinbase Counts on Germany as a Regional Talent Hub for Crypto Expansion!
Crypto Live News Author: Mustafa Mulla Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017...
Don’t Count on Bitcoin Collapse to Previous Lows, Says Crypto Analyst Jason Pizzino – Here’s Why
A widely followed crypto analyst says the odds are looking good that Bitcoin (BTC) will not revisit its prior cycle lows. In a new strategy session, crypto trader Jason Pizzino tells his 290,000 YouTu...
Reddit Kills Crypto Rewards Program
Table of Contents Due to scaling challenges, Reddit is winding down its “Community Points” program, a blockchain-based rewards system for creators and developers. The End Of Community Points Social n...