New UK Alert: Crypto Investors Receive Compelling Warning From Regulator

The UK’s HM Revenue and Customs (HMRC) has introduced a new system for taxpayers to “voluntarily” disclose any unpaid tax on various digital assets. The European country has been implementing a strategy to increase its oversight of the nascent asset class. дальше »

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Status Quo At Binance: New CEO Affirms No Changes To Top Executives

The crypto exchange has undergone a significant leadership transition in the aftermath of Binance Holdings’ $4.3 billion settlement with the US Department of Justice (DOJ).  According to Bloomberg, Richard Teng, the newly appointed CEO following co-founder Changpeng “CZ” Zhao’s departure, has expressed his commitment to maintaining the stability of the core team.  Binance’s Core Team […] дальше »

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Empty Accounts Discovered As Celsius Allows Crypto Withdrawals For Eligible Users

In a recent announcement, bankrupt crypto lender Celsius has initiated additional withdrawals for certain eligible custody users. However, it’s important to note that only specific custody assets are currently available for withdrawal, while other cryptocurrencies such as Bitcoin (BTC) remain inaccessible. дальше »

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Wormhole Sets New Fundraising Record With $225 Million, Announces Departure From Jump Crypto

In a recent report by Fortune Magazine, it was revealed that Wormhole, a messaging protocol that allows developers to communicate across different blockchains, has successfully raised an impressive $225 million, valuing the project at $2. дальше »

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Brazilians may soon need to stump up taxes on crypto held abroad

The new rules would make income from crypto held on exchanges outside Brazil taxable at the same rate as local income.

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Debt Dilemma: ZipMex Offers Creditors 3.35 Cents Per Dollar Owed In $97 Million Fiasco

Zipmex, a Thai crypto exchange currently facing financial distress, has proposed a restructuring plan that includes paying its creditors a fraction of their original claims. According to Bloomberg, the exchange is offering its creditors “about 3. дальше »

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Can Sony and Microsoft bring blockchain to gaming consoles?

Sony and Microsoft are angling to get into crypto gaming. Will they be able to succeed where others in the industry have failed?

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LUNC Bullish Run: Crypto Algorithm Predicts When Price Will Reach $0.0005

LUNC has continued its bullish run after seeing a retracement back Monday. The altcoin has already risen double-digits in the last 24 hours, bringing its price above $0.0001 once more. As this run continues, the machine learning algorithm at CoinCodex has predicted when the digital asset’s price might reach $0.0005. When Will LUNC Price Reach […] дальше »

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XRP Price Prediction: Analyst Identifies 3 Key Factors That Will Trigger Parabolic Move

The XRP price keeps being projected to enjoy a massive rally soon enough. Many have continued to speculate when this might happen. A crypto analyst has some answers, as he has highlighted three key indicators that could trigger this rally. дальше »

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US Official Issues Stern Warning to Crypto Firms Breaking the Law

Explore the Deputy Treasury Secretary's warning to crypto firms regarding their involvement in breaking the law and engaging in illicit activities. The post US Official Issues Stern Warning to Crypto Firms Breaking the Law appeared first on BeInCrypto. дальше »

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K33 Research: Crypto markets remain steady despite Binance-DOJ settlement

The crypto market, led by Bitcoin and Ether, has shown resilience following the U.S. Department of Justice's $4.3 billion settlement with Binance, amidst varied reactions across different crypto assets and exchanges. дальше »

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U.S. reclaims dominance in Bitcoin market despite supply shift

Most crypto trading volume has historically come from outside the U. S. , with Asia being the largest cryptocurrency market. However, there has been a notable shift in this dynamic in the past several months, with the U. дальше »

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Pando Asset officially files for spot Bitcoin ETF with the SEC

Swiss asset manager Pando Asset seeks SEC approval for a spot Bitcoin ETF, a step towards integrating crypto into mainstream finance. дальше »

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The Other Side Of The Bitcoin: Analyst Highlights What Happens If Bulls Fail

Bitcoin has currently entered a stage where the bulls and the bears are vying for absolute control over the price, meaning that it could swing either way. While sentiment is still mostly bullish from here, there is still the possibility that the bears could win out and this side of the coin has prompted crypto analyst FieryTrading to map out what could happen if this ends up being the case. дальше »

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Bybit Might Be In Major Trouble With Coinbase’s CFTC Investigation, Here’s Why

In a surprising twist of events, crypto exchange Bybit appears to be under the regulatory spotlight of the CFTC. The US government agency has sent a subpoena to Coinbase, demanding information on user accounts connected to Bybit. дальше »

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Estonian court nixes extradition of accused crypto scammers to US

Ivan Turogin and Sergei Potapenko are suspected in a $575 million fraud case, but they can’t be exposed to U.S. detention conditions. дальше »

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US deputy treasury secretary calls for additional tools to sanction crypto firms

Wally Adeyemo cited a recent settlement with crypto exchange Binance and sanctions against crypto mixer Sinbad in calling for an expansion of the U.S. Treasury’s authority. дальше »

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Is The Crypto Market About To Go Supernova?

The total crypto market capitalization (TOTAL on TradingView) chart is showing signs that volatility could dramatically expand after dropping to historic lows. This tightening of volatility often precedes massive breakouts. дальше »

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Whale’s Move: $19.5 Million XRP Shifted To Exchange, Massive Sell Off On The Horizon?

Whale Alert, a renowned blockchain tracker, reported a substantial transfer of XRP tokens to the Bithumb crypto exchange. This transfer, involving over 32 million XRP tokens valued at roughly $19. 5 million, originated from an unidentified wallet and was executed today at 05:15:10 UTC. дальше »

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Binance, Cardano, and Everlodge – Main Crypto Whale Picks, Google Bard Explains Why

Across the Web3 space, whales often create significant price fluctuations within the market. As they often cause big waves, the assets they pick can be a sign of which cryptos have the most growth potential. дальше »

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U.S. Treasury Campaigning for Amplified Powers to Chase Crypto Overseas

The U.S. Department of the Treasury is pressing lawmakers for a new set of powers that would give the government unprecedented enforcement and sanctions authority over the crypto sector, including the ability to roam well beyond American borders and get involved with transactions that don't involve its citizenry. дальше »

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The Protocol: It's Crypto Spring, as Smart Contract Platform Index Jumps Most in 10 Months

Digital-asset markets are heating up, especially for blockchain tokens. In this week's Protocol issue, we highlight November's 19% jump in the CoinDesk Smart Contract Platforms Index (SMT), the biggest gain in 10 months. дальше »

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Former British Chancellor’s crypto firm Copper launches tokenized securities platform

Copper plans to use its arm in the United Arab Emirates, Copper Securities, to capitalize on the demand of institutional investors. дальше »

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3 Tokens That Will Explode 50x In 2023 – And Their Presales Are Still Going On

Meme Kombat (MK), Bitcoin Minetrix (BTCMTX), and Bitcoin ETF (BTCETF)  are arguably two of the most exciting projects in the crypto market right now and there is a strong sense that they will grow exponentially in 2024. дальше »

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Global Crypto Market Cap Hits $1,500,000,000, Have We Earned It?

DeFi analyst Ignas dives into the complex tapestry of the crypto market, questioning not just the valuation but the societal impact and ethical considerations within the space. Ignas begins by highlighting the monumental achievement of the crypto market cap surpassing $1. дальше »

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Global Crypto Market Cap Hits $1,500,000,000,000 Have We Earned It?

DeFi analyst Ignas dives into the complex tapestry of the crypto market, questioning not just the valuation but the societal impact and ethical considerations within the space. Ignas begins by highlighting the monumental achievement of the crypto market cap surpassing $1. дальше »

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Investor Attention Moves From Terra Luna And BNB As New Altcoin Takes Center Stage

In the ever-shifting landscape of the cryptocurrency market, investor focus is a fickle spotlight, and new altcoins frequently steal the show. Recently, the limelight has shifted away from top crypto coins like Terra Luna and Binance Coin (BNB), making room for a rising star – BorroeFinance ($ROE). дальше »

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North Korea-Linked Crypto Mixer Gets in US Crosshairs

The US Treasury has sanctioned the Bitcoin mixer Sinbad.io, which is linked to North Korean money laundering дальше »

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Analyst explains why she’s not buying Cardano

Analyst says Cardano's plodding pace of progress is no match for the fast and fierce competition in the crypto industry. дальше »

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Spot Bitcoin ETF Buzz Triggers Largest Weekly Crypto Inflows at $346 Million

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Managing Crypto Dynamics: Alicia Kao, KuCoin MD, Talks Trends and Transparency

In a recent conversation with KuCoin managing director Alicia Kao, BeInCrypto delved into the market fluctuations, regulatory changes, and the exchange’s strategies for standing out. Navigating the Complexity of Market Fluctuations Despite the uncertainties, the crypto space continues to draw interest, with users strategically choosing opportune moments to participate. дальше »

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Sinbad crypto mixer sanctioned by U.S. Treasury

Sinbad was used by North Korean cyber criminals to launder hundreds of millions stolen from some of crypto’s biggest hacks like Ronin Bridge and Atomic Wallet, said the Treasury. дальше »

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Paxos receives two new in-principle approvals in Abu Dhabi

Paxos has received two in-principle approvals from the Financial Services Regulatory Authority in the Abu Dhabi Global Market (ADGM). The company will issue USD-pegged stablecoins as well as crypto brokerage and custody services. дальше »

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Crypto Stories: Charlie Shrem tells how he became a Bitcoin millionaire

Shrem made a fortune off his Bitcoin payment service, BitInstant, but then went to prison for alleged money laundering.

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Ripple CTO David Schwartz calls for legislative action to clarify crypto regulations

David Schwartz, CTO of Ripple, recently shared his thoughts on the changing dynamics of U. S. securities law. Specifically, he addressed its application to digital assets and underscored the necessity for legislative clarity to pave the way for balanced regulation. дальше »

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DYDX is an Annoying Coin to Trade, Analyst Highlights Loss of Trend

Crypto trader J shares a candid update on the ongoing dynamics of DYDX trading, shedding light on challenges, observations, and strategic considerations. J opens the thread by confirming the sustained long position on DYDX. дальше »

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Digital Finance Firm SoFi Hands Its Crypto Business to Blockchain.com

Blockchain.com President Lane Kassleman said in an interview that his firm’s SoFi partnership equates to hundreds of thousands of users and hundreds of millions of dollars. дальше »

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Exploring Crypto Investment Alternatives: Beyond Cardano (ADA) and TRON

TLDR Charles Hoskinson, the founder of Cardano (ADA), has recently shared his two cents with the community on the Binance CEO stepping down. Meanwhile, Justin Sun, the founder of TRON (TRX), confirmed hacking incidents linked to his projects. дальше »

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ScapesMania and its potential to outshine Ripple (XRP) and Cardano (ADA) in the cryptocurrency investment race in 2024

ScapesMania: Innovatively positioned for growth in the crypto market. Ripple (XRP): Resilient despite legal challenges, with fluctuating market performance. Cardano (ADA): At a pivotal point, with potential for significant price movements based on market trends. дальше »

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Wormhole raises $225m after split from Jump Crypto

The cross-chain protocol raised funds at a $2.5 billion market valuation, finalizing its separation from Jump Trading which is downsizing crypto operations due to scrutiny. дальше »

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US Treasury sanctions crypto mixer Sinbad, alleging North Korea ties

The government department has previously imposed sanctions on crypto mixers Blender and Tornado Cash despite many in the space pushing back on actions against software tools. дальше »

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Ethereum's Vitalik Buterin Warns AI Could Pose 'Existential Risk,' Elon Musk's X Secures New Payment License in US State, SHIB Cryptic Text Puzzles Community: Crypto News Digest by U.Today

Read about the latest crypto events with U.Today’s daily news digest! дальше »

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SoFi Technologies to cease crypto services by Dec. 19

“You can agree to have your account migrated to Blockchain.com or close your account instead,” the company wrote.

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Millions of XRP Sent to Top Korean Exchange Bithumb at Loss

Impressive XRP lump transferred to major South Korean crypto trading platform дальше »

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Hull City Sponsor Tomya Crypto Exchange Embroiled in Turkey Fraud Scandal

The owner of Tomya was among 25 people detained in Turkey as the country prepares new crypto legislation. дальше »

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Crypto Mixer Sanctioned by U.S. Treasury for North Korea Allegations, as FBI, Dutch and Finnish Police Seize Website

The U.S. Treasury Department's Office of Foreign Asset Control listed two crypto addresses tied to Sinbad, a mixing service, in its latest sanctions list. дальше »

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CAGA DeFi project launches to promote Decentralized Governance

A new decentralized finance (DeFi) known as Crypto Asset Governance Alliance (CAGA) launched earlier this month. The project seeks to promote a decentralized financial future through transparency, inclusivity, and innovativeness. дальше »

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Wormhole secures record $225M funding, spins off into Wormhole Labs for cross-chain expansion

Wormhole, the messaging protocol enabling cross-blockchain communication, has made headlines by securing a landmark $225 million in funding, valuing the company at $2. 5 billion. Fortune reported the news as the company completing “the largest funding round for a crypto project in 2023. дальше »

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Blockchain Messaging Platform Wormhole Raises $225M at $2.5B Valuation

Wormhole, which was recently separated from parent Jump Trading Group after it scaled back its crypto operations, is a developer platform which allows different blockchain networks to communicate with each other. дальше »

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Crypto Custody Firm Copper to Start Digital Securities Brokerage in Abu Dhabi

Copper Securities is working with Abu Dhabi’s Financial Services Regulatory Authority to have the appropriate approvals in place by early 2024. дальше »

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