UK FCA issues final warning to companies promoting crypto assets

The Financial Conduct Authority (FCA) issued a final warning to companies promoting crypto assets to UK consumers. This warning letter detailed the agency’s previous outreach efforts and endeavors to assist crypto firms in complying with the rules. A bolded final… дальше »

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Bitcoin Correlation With Dollar Index & Stocks Has Disappeared: Data

Data shows the Bitcoin correlation with the US dollar index and stock market indexes like S&P 500 and Nasdaq 100 have dropped low recently. Bitcoin Is Showing Little Correlation To Any Index Right Now In a new post on X, the market intelligence platform IntoTheBlock noted how the correlation of BTC with traditional assets has […] дальше »

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Why There Is ‘High Risk’ In Holding Bitcoin and Crypto on Binance, According to Top Analyst

Binance, one of the largest cryptocurrency exchanges in the world, has been facing concerning leadership changes and layoffs recently that call into question the safety of holding Bitcoin and other crypto assets on the platform, according to Crypto Rover, a Top Analyst on X (Twitter). дальше »

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Former SEC Attorney John Reed Stark Bashes NFTs, Calls Crypto 'Affinity Fraud'

Adamant critic of cryptocurrencies indicates six key failures of digital assets дальше »

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Binance Warns of Multiple Stablecoin Delistings as Lawyers Puzzle Over EU's MiCA

The EU’s landmark Markets in Crypto Assets law, MiCA, takes effect next year, but it’s not clear how it will apply to foreign or decentralized issuers дальше »

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Grayscale Applies For New Ether Futures ETF After Big Court Win

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Singapore banks scrutinize Chinese-born clients amidst money laundering probe

Singapore froze and seized assets worth $1. 8B since last month in a money laundering probe targeted at cryptocurrencies, properties, and cash. Bloomberg’s September 21 report shows Banks are expanding their investigations to Chinese-born customers with other passports, focusing on clients holding crypto or participating in money laundering activities. дальше »

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PayPal USD stablecoin to be integrated into Venmo

Venmo, the peer-to-peer payment app, is set to offer PayPal USD (PYUSD), an ERC-20 stablecoin, in the coming weeks. This move integrates PYUSD into the Venmo platform, creating a seamless channel for transferring assets between millions of users. According to… дальше »

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South Korean Taxpayers Report Overseas Crypto Assets Worth Nearly $100 Billion

In recent years, crypto assets such as Bitcoin and Ether have witnessed increased adoption in various countries worldwide. In a testament to this growing trend, South Korea’s tax organization disclosed that cryptocurrencies accounted for the largest proportion of taxpayers’ assets overseas. дальше »

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U.S. CBDC Efforts Opposed in Legislation Advanced by House Republicans

A crypto-related bill meant to stifle a future U.S. central bank digital currency is now heading toward consideration on the floor of the U.S. House of Representatives after committee approval Wednesday, marking further progress for digital assets legislation in Congress. дальше »

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How Cross-Chain Bridges Facilitate Dirty Money For Crypto Criminals

Cross-chain bridges have emerged as a pivotal battleground in the ever-evolving war against crypto asset laundering, according to a recent report by crypto analytics firm Elliptic.  In a dramatic shift, the study reveals that the value of illicit crypto assets laundered through cross-chain bridges has skyrocketed in recent months, overshadowing the conventional use of mixing […] дальше »

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South Koreans’ overseas crypto assets boom to $99B as regulatory focus shifts to OTC trade regulation

South Koreans reported approximately 131 trillion won (around $99 billion) in overseas crypto assets, including Bitcoin (BTC), for this year, according to the country’s tax agency. According to the document, 1,432 individuals and entities possessed cryptocurrency holdings valued at over $99 billion overseas. дальше »

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INX Digital to list Unicoin security token on its trading platform

INX Digital Company Inc. announces the upcoming listing of asset-backed Unicoin security token on INX.One, expanding its regulated assets portfolio.  A U.S.-regulated broker-dealer, INX Digital Company divulged its plans through an official press release. Unicoin is set to join INX’s… дальше »

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The Rise and Fall of OHM’s (3,3) Strategy: A Cautionary Tale for FriendTech Investors

You’re likely familiar with the buzz around Friend Tech (FT) and its adoption of the (3,3) strategy—a meme originally popularized by OlympusDAO (OHM) enthusiasts. The concept is rooted in game theory: hold your assets, refrain from selling, and theoretically, your gains should multiply. дальше »

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Nexo achieves CSA STAR Certification

Nexo is on a mission to maximize the value and utility of digital assets. The Cloud Security Alliance (CSA) is a leading organization dedicated to defining and promoting best practices for a secure cloud computing environment. дальше »

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South Koreans Hold $99B of Digital Assets Overseas: Tax Service

The crypto held in overseas accounts for about 70% of all assets held outside the country. дальше »

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South Koreans declare overseas crypto holdings worth $98.5 bln

Crypto held overseas constituted 70. 2% of the total value of foreign assets declared by South Korean nationals. The tax agency warned that individuals who break tax rules will face fines. дальше »

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Crypto accounts for 70% of South Korea’s overseas assets

The National Tax Service (NTS) of South Korea has revealed that 70% of the country’s overseas assets are in cryptocurrency. According to an official statement, the country holds $98 million worth of crypto abroad, as reported by nearly 1,400 individuals… дальше »

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CoinEx resumes services post-$27M security breach, warns against using old addresses

CoinEx is set to resume deposit and withdrawal services for Bitcoin (BTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC), and other cryptos starting Sept. 21 at 08:00 UTC. The announcement via CoinEx’s official X account urges users to steer clear of old addresses, warning that any assets sent to these locations will be irrevocably lost. дальше »

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Brazilian lawmakers propose to protect crypto from seizure

Brazilian lawmakers are considering a bill that would include cryptocurrencies in the list of assets protected from creditors’ seizure. The bill, authored by Deputy Carlos Bezerra, aims to give cryptocurrency holders the same protection as personal savings, which are exempt… дальше »

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BTC20X Launches to Revolutionize Cryptocurrency with Sustainability and Innovation

Following efforts to provide the crypto space with a fresh take on digital assets, BTC20X, an advanced version of BTC20, has taken the space by storm, offering unique innovation and a sustainable twist. дальше »

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As FLEX falls 90%, Hodlnaut rejects OPNX buyout offer

The interim managers argued that the $30 million offer was “illiquid” and burdened with “speculative value.” They were also troubled by the absence of "any injection of cash or assets wThe post As FLEX falls 90%, Hodlnaut rejects OPNX buyout offer appeared first on AMBCrypto. дальше »

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Telegram Lauches Crypto Wallet on Toncoin; High Hopes for Stellar, XRP and InQubeta Persist

The popular messaging platform Telegram has been at the forefront of innovation with its foray into the crypto world. Telegram aims to provide a secure and user-friendly platform for handling digital assets with its Web3-ready crypto wallet launch on Toncoin ($TON). дальше »

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DeFi protocol Balancer suffers $240k loss in front end compromise spurred by DNS attack

Around $240,000 worth of digital assets have been stolen through a frontend compromise of DeFi protocol Balancer, according to blockchain security firm Peckshield. Earlier today, Balancer confirmed that its front end was under attack and urged users to avoid interacting with the interface until further notice. дальше »

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Balancer Under Attack Again, Loses $238K in Latest DeFi Exploit

The decentralized finance protocol Balancer has been attacked, losing $238,000 in crypto assets. Users have been warned not to interact with the platform until further notice. The post Balancer Under Attack Again, Loses $238K in Latest DeFi Exploit appeared first on BeInCrypto. дальше »

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BNB.WIN ecosystem introduces its first RWA product BNB.WIN

This year has seen a series of shifts in the global macroeconomic landscape coupled with evolving regulatory frameworks for virtual assets. Amidst this backdrop, the crypto world continues to evolve bThe post BNB. дальше »

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India emerges as the second-largest crypto market globally despite high taxes

Chainalysis report shows Central & Southern Asia and Oceanic (CSAO) as among the world’s leading cryptocurrency hubs. Meanwhile, India emerged as the second-largest digital assets market by transaction volume. дальше »

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SEC promises a rocky path for crypto entities daring to sidestep regulations

The United States Securities & Exchange Commission has been cracking down on digital assets, filing suits against Coinbase and Binance for law violations. Meanwhile, SEC official David Hirsch promised more scrutiny during the Securities Enforcement Forum Central on 19 September. дальше »

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Blow As Regulator NYDFS Removes XRP, Dogecoin From Its Approved Greenlist

The New York Department of Financial Services (DFS) has tightened its noose on crypto assets, removing over a dozen well-known tokens such as Ripple’s XRP and meme coin Dogecoin from its "greenlist”. дальше »

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SEC and Binance.US in legal dispute over customer asset management

The U.S. Securities and Exchange Commission (SEC) and Binance.US, operated by BAM, are embroiled in a legal dispute concerning the handling and custody of customer assets, with both parties scheduled for a crucial hearing on Oct. 12. At the heart… дальше »

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Chainlink (LINK) Price Enjoy Bullish Momentum: Driven by Real-World Assets?

Will the growing demand for Chainlink feeds and Oracle infrastructure in Real World Asset Projects propel LINK price into a sustained price rally? The post Chainlink (LINK) Price Enjoy Bullish Momentum: Driven by Real-World Assets? appeared first on BeInCrypto. дальше »

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Nomura’s crypto subsidiary launches Bitcoin fund for institutional investors

Nomura Group’s cryptocurrency subsidiary Laser Digital Asset Management has launched a Bitcoin adoption fund, allowing institutional investors to access BTC as demand for digital assets soars. дальше »

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Missionaries, mercenaries, and pragmatists: Alex Tapscott’s new book brings the case for Web3

No newcomer to the world of blockchain and cryptocurrencies, Alex Tapscott, has a decorated history in the blockchain world. He has co-authored an international bestseller on the subject, founded a blockchain research think tank, and, as Managing Director at Ninepoint Partners, Tapscott has brought digital assets to markets in his native Canada. дальше »

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Netcoins averts cybersecurity attack limiting losses to $250k, customer funds secure

Netcoins, the online cryptocurrency brokerage owned by BIGG Digital Assets, claims to have detected and prevented a cybersecurity breach on Sept. 17. Its internal control systems identified suspicious activity on its hot wallets and blocked unauthorized crypto-asset withdrawals. дальше »

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Thailand to start taxing overseas income next year, including from crypto

Any person who resides in Thailand for up to 180 days, would be subject to personal income tax on foreign assets, including crypto. дальше »

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UK Crime Bill Lets Cops Freeze Crypto Faster, Channels Tainted Assets to Public Funding

The Economic Crime and Corporate Transparency Bill set to become law later this year removes some legislative hurdles that slow local cops from freezing crypto linked to crime. дальше »

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SEC embroiled in court cases; Hester Peirce says crypto firms shouldn’t give up on US

The commissioner said she had seen awareness and knowledge of digital assets grow in her five years at the SEC, but largely, there was “more of the same” on enforcement actions. дальше »

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Crypto Fund Flows: Millions Exit Bitcoin, But These Three Coins Hold Their Ground

Last week marked a significant trend as crypto funds, including those holding Bitcoin, faced significant outflows, amplifying investor concerns. While the market’s momentum has wavered for several crypto, a few resilient assets stood firm. дальше »

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Rep. Tom Emmer: Digital assets will be a ‘sleeper issue’ for 2024 elections

Three candidates from both the Democratic and Republican parties have taken anti-CBDC positions as part of their 2024 presidential run. дальше »

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Citigroup launches digital token service for institutional clients

Citigroup has launched a new token service in what is the bank’s latest venture in the digital assets space. Citi Token Services is a blockchain and smart contracts powered cash management and trade finance service for institutional clients. дальше »

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What is Gala Games and how to buy GALA coin?

Gala Games is a blockchain-based gaming platform enabling players to create, own, and trade in-game assets using cryptocurrencies. дальше »

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Taiwan and El Salvador join forces to enrich crypto regulation

Wu Blockchain’s X post reveals that the Taiwan Crypto Association communicated with El Salvador’s Virtual Assets Bureau, Presidential Office, and central bank, calling for enhanced regulatory capabilities. дальше »

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3 steps crypto investors can take to avoid hacks by the Lazarus Group

The Lazarus Group has mastered the art of stealing crypto investors’ assets. Here are a few tips on how investors can protect their portfolios. дальше »

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VanEck: Crypto exchange volumes declined to $52b in August 

In August, as reported by VanEck, the trading volumes of digital assets hit a two-year low, coinciding with an all-time low in their volatility. дальше »

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Ripple Charges Ahead as ‘The Train Leaves the Station’ – Here are XRP Price Targets

The cryptocurrency market often experiences volatility, yet amidst these swings, certain digital assets stand out, drawing the keen interest of both investors and traders. Ripple (XRP) is a prime example, having recently showcased notable progress. дальше »

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Mark Cuban Got Hacked: The Inside Story of a $1 Million Loss

Billionaire investor Mark Cuban was the victim of a wallet hack yesterday that saw the hacker steal around $870,000 worth of assets from him. The post Mark Cuban Got Hacked: The Inside Story of a $1 Million Loss appeared first on BeInCrypto. дальше »

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NFTs In Metaverse Expansion

The recent surge in Non-Fungible Tokens (NFTs) has created a seismic shift in how we perceive and interact with the digital world, particularly within the emerging metaverse. NFTs, unique digital assets built on blockchain technology, have found applications in various metaverse sectors, including virtual worlds, gaming, art, and entertainment. NFTs Influence On Virtual Worlds In […] дальше »

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Billionaire investor Mark Cuban loses $870K in crypto in MetaMask wallet hack

Entrepreneur and investor Mark Cuban, whose net worth is over $5 billion, fell victim to a hack on the night of Sept. 15. Cuban lost crypto assets worth $870,000 in the attack that compromised his MetaMask wallet, according to a DL News report. дальше »

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Japan startups ditch funding via stocks, to use crypto instead?

Recent developments suggested a growing openness to digital assets within Japan. This update will primarily apply to a specific category of funds known as Investment Business Limited PartnershiThe post Japan startups ditch funding via stocks, to use crypto instead? appeared first on AMBCrypto. дальше »

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Stolen hearts and wallets: The rapid rise of cryptocurrency romance scams

The following is a guest post from Brendan Cochrane and Katya Gozias. “Pig butchering” scams, where victims are “fattened” up with flattery, often under the guise of romance, before handing over their assets to the scammer, are on the rise, and the government and cryptocurrency exchanges should be doing more to protect people from these […] The post Stolen hearts and wallets: The rapid rise of cryptocurrency romance scams appeared first on CryptoSlate. дальше »

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