Georgia prosecutors reportedly charge billionaire George Bachiashvili for misappropriation of funds in Bitcoin, money laundering

Georgian news outlet Agenda reported Thursday that George Bachiashvili, the founder of the Georgian Co-Investment Fund, known for running a $6 billion private equity fund contributing about 40% to the nation’s GDP, has been charged with cryptocurrency misappropriation and money laundering. дальше »

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Circle eyes stablecoin launch in Japan as new policies take effect

Circle, the issuer of the USDC stablecoin, is reportedly exploring the possibility of launching a stablecoin in Japan following the implementation of new regulations governing stablecoins in the Asian nation. дальше »

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CFTC to find Celsius and Former CEO Mashinsky violated US rules, Bloomberg reports

Commodity Futures Trading Commission (CFTC) investigators have reportedly found that crypto lending platform Celsius Network violated US regulations before bankruptcy. These violations also implicated the firm’s former CEO, Alex Mashinsky, as reported by Bloomberg. дальше »

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Binance.US market share drops below 1% amid regulatory lawsuit: Report

The U.S. market share of Binance.US has reportedly dropped amid a Securities and Exchange Commission lawsuit, while Coinbase’s rose roughly 7% in June. дальше »

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South Korea to launch second phase of virtual asset legislation

In a move aimed at further strengthening regulations and protecting users in the crypto market, South Korean financial authorities are reportedly gearing up to initiate a research project for the second phase of the country’s virtual asset legislation. дальше »

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Music with AI elements can win a Grammy, Recording Academy CEO says

The CEO of the Recording Academy, known for its yearly Grammy awards, reportedly clarified that music with AI-created elements is eligible for award nominations. дальше »

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South Africa to mandate crypto exchange licenses by end of 2023: Report

South Africa reportedly becomes the first country on the continent to require digital asset exchanges to be licensed.

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Binance Australia offices reportedly searched by local regulator

Binance said it is cooperating with Australian regulators to meet local regulatory requirements amid reports of office searches.

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Huobi Reportedly Plugs Leak That Saw Almost 5,000 Users’ Data Exposed

After months of delay, Huobi has finally resolved a data breach that saw the data of 4,960 users exposed, according to a report from The Block. However, the incident raises questions about the company’s response and the potential consequences had the breach been exploited. дальше »

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Decentralized Twitter Rival Onboards 100,000 Users, But Does Musk Have a Point?

Twitter rival gains 110,000 users after Musk limits post views, but the platform cam reportedly be partially-censored. The post Decentralized Twitter Rival Onboards 100,000 Users, But Does Musk Have a Point? appeared first on BeInCrypto. дальше »

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Binance spot trading plunges 70% following regulatory pressures and reintroduction of Bitcoin fees

Binance’s spot trading volume reportedly declined nearly 70% during the second quarter after the exchange reintroduced fees for its most liquid Bitcoin (BTC) pairs, per data from Kaiko. In March, the exchange abandoned its Binance USD (BUSD) zero-fee trading for TrueUSD (TUSD) due to the regulatory challenges facing the BUSD stablecoin. дальше »

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Shiba Inu Leads With Highest Number of Fake Twitter Followers, Data Reveals

Twitter’s initial endeavor to implement a fee for verifying accounts with blue check marks resulted in a reportedly marked decrease in bots. Nevertheless, the persistent nuisance of fake Twitter accounts remains far from abating. дальше »

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PolyNetwork remains suspended 24 hours after $5m hack

PolyNetwork is still trying to recover from the attack on July 2, where hackers stole about $5.5 million, even though the notional value of the episode is reportedly $34 billion. The Poly developers have halted all smart contracts to resolve… дальше »

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SEC dismisses rumors of chairman Gary Gensler’s resignation

The U. S. Securities and Exchange Commission (SEC) reportedly denied rumors that chairman Gary Gensler resigned from his position, according to a July 3 tweet shared by Fox Business journalist Eleanor Terrett. дальше »

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Crypto Community Hopes Crushed by Gary Gensler Resignation Fake News

The crypto community's hopes were dashed as rumors of anti-crypto SEC chair Gary Gensler's resignation were confirmed as fake news, reportedly generated by artificial intelligence. The post Crypto Community Hopes Crushed by Gary Gensler Resignation Fake News appeared first on BeInCrypto. дальше »

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Hackers Strike PolyNetwork Again, Billions in Tokens Reportedly Stolen! Binance Assuers Users are Safe

In an alarming development, the decentralized finance platform, PolyNetwork, has once again found itself at the receiving end of a cyber attack. The hackers reportedly minted an enormous amount of assets, marking a significant escalation in the ongoing battle between crypto platforms and cybercriminals. дальше »

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BTC Spot ETFs Rejected by SEC; Applications Lack Clarity

The U.S. Securities and Exchange Commission (SEC) has reportedly found the recent applications for spot Bitcoin exchange-traded funds (ETFs) to be lacking in clarity and comprehensiveness, according to the Wall... дальше »

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SEC finds spot bitcoin ETF applications lacking in details

The U.S. Securities and Exchange Commission (SEC) has reportedly found recent applications for spot Bitcoin exchange-traded funds (ETFs) wanting in specificity, despite filings from major players like BlackRock and Fidelity. дальше »

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Bitcoin Price Takes A Hit As SEC Deems Spot ETF Filings ‘Inadequate’

The US Securities and Exchange Commission (SEC) has reportedly told exchanges Nasdaq and Cboe that recent filings for spot Bitcoin (BTC) exchange-traded funds (ETFs) from asset managers including BlackRock and Fidelity were not “clear and comprehensive” enough. дальше »

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Citigroup Reportedly in Talks With Metaco Amid Tokenization Boom

Citigroup is reportedly in talks with Swiss custodian Metaco over a custody agreement struck last year as the bank eyes tokenization of real-world assets. The post Citigroup Reportedly in Talks With Metaco Amid Tokenization Boom appeared first on BeInCrypto. дальше »

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Bitcoin briefly falls below $30k as SEC says spot Bitcoin ETF filings are inadequate

Bitcoin price reacted sharply to news that the SEC had said Bitcoin ETFs filings were inadequate. The SEC had reportedly returned the filed documents to BlackRock, Fidelity. However, BTC recovered above $30k as more details emerged. дальше »

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Binance loses euro banking Paysafe amid global regulatory scrutiny

Paysafe Payment Solutions, Binance’s European banking partner, said it would terminate support for Binance as it deals with regulatory challenges globally. Binance is reportedly searching for a new provider for euro deposits and withdrawals via the Single Euro Payments Area… дальше »

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German Regulator Denies Binance Crypto License

Germany's Federal Financial Supervisory Authority (BaFin) has reportedly denied a license to Binance, adding to its regulatory challenges globally. The post German Regulator Denies Binance Crypto License appeared first on BeInCrypto. дальше »

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German regulator reportedly rejects Binance’s crypto custody license request

Binance’s regulatory trouble continues to mount as the exchange faces pushback in Europe and the United States.

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Top Only Fans Model Buys $10,000 worth of Alex The Doge (ALEX) and Chiliz (CHZ) Tokens, Analyst Explains why

In a surprising crossover between digital entertainment and cryptocurrencies, a top Only Fans model has reportedly invested $10,000 in Alex The Doge (ALEX) and Chiliz (CHZ) tokens. This unexpected news not only demonstrates the broadening appeal of cryptocurrencies but also signals some potential avenues for growth. дальше »

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Cathie Wood’s ARK reportedly ahead in race for BTC ETF

Cathie Wood's ARK Investment Management is speculated to be leading the competition for a bitcoin (BTC) exchange-traded fund (ETF), ahead of investment giant BlackRock. дальше »

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Crypto exchange EDX shifts custodial partnership from Paxos to Anchorage

EDX, a crypto exchange backed by prominent financial institutions like Charles Schwab, Fidelity, and Citadel Securities, has reportedly severed its planned partnership with Paxos and is now close to finalizing an agreement with Anchorage Digital. Last year, EDX had originally… дальше »

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FTX suspends $500M sale of stake in AI firm Anthropic: Report

Multiple buyers were reportedly eyeing up FTX’s stake in the AI firm that was being sold off to recover funds for creditors.

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New exchange EDX reportedly switching out Paxos’ custody services for Anchorage’s

The new exchange does not custody customer funds itself to avoid a conflict of interest — and a hot-button issue with the SEC.

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EDX Markets reportedly drops Paxos as planned custodial partner

EDX Markets, a nascent crypto exchange supported by Charles Schwab, Fidelity, and Citadel Securities, has reportedly ended its intended association with Paxos and is nearing an agreement with Anchorage Digital, according to Bloomberg. дальше »

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Bitcoin ETFs: A Growing TradFi Craze

Fidelity Investments is reportedly one of the latest large-scale asset managers getting in on the action by launching a Bitcoin exchange traded fund (ETF) amid growing TradFi interest. The post Bitcoin ETFs: A Growing TradFi Craze appeared first on BeInCrypto. дальше »

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Fidelity set to file for spot Bitcoin ETF

Fidelity, an investment giant with $4. 2 trillion in assets under management, is reportedly set to file for a spot Bitcoin exchange-traded fund (ETF). The imminent application by the Wall Street colossus comes after industry giant BlackRock sparked a wave of spot Bitcoin ETF applications from several investment and financial services providers. дальше »

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This New Zealand Based Travel Firm Just Lost Millions Of Customer Funds On Crypto Trading

A travel company based in New Zealand and operating in Kiwi has reportedly suffered significant financial losses due to cryptocurrency trading. This comes as the company recently announced its decision to cease operations. дальше »

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Fidelity Takes The Leap: Prepares Spot Bitcoin ETF Filing

Fidelity, one of the largest asset managers in the world, is reportedly preparing to submit its filing for a spot Bitcoin (BTC) exchange-traded fund (ETF).   According to an anonymous source cited by The Block, the filing could be submitted as early as Tuesday. дальше »

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Robinhood carries out third round of layoffs

US trading platform Robinhood Markets reportedly cut its workforce for the third time, as the company faces a decline in crypto trading activities and customer demand for its services. дальше »

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Cathie Wood’s ARK reportedly ‘first in line’ for a spot Bitcoin ETF

ARK Invest filed for a spot Bitcoin ETF in collaboration with 21Shares long before BlackRock did, and its application is reportedly first in line for the SEC’s approval. дальше »

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FTX Owes its Customers A lot of Money: Internal Audit

FTX, the infamous exchange that collapsed in November, is reportedly in debt to its customers for $8.7 billion, resulting from the mishandling and commingling deposits, according to an investigative report... дальше »

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$26 Million Worth Of Do Kwon’s Crypto Assets Frozen By Swiss Authorities Following His Prison Sentence

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Binance reportedly pulls out of Austria, shifts focus to MiCA compliance in Europe

Binance told CryptoSlate in a June 26 email that it strives to act in compliance wherever it operates amid new reports that it withdrew from yet another European market. Earlier today, reports emerged that Binance had withdrawn its application in another European country. дальше »

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Hong Kong’s Largest Bank HSBC Takes Bold Step Into Crypto: Launches Bitcoin and Ethereum ETFs

HSBC, Hong Kong’s largest bank, has made a historic move by opening its doors to cryptocurrency investments. The bank has reportedly started offering its customers access to Bitcoin and Ethereum Exchange-Traded Funds (ETFs) listed on the Hong Kong exchange. дальше »

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HSBC Introduces Cryptocurrency Solutions in Hong Kong, According to Report

HSBC Launches Cryptocurrency Trading Services in Hong Kong, Offering Bitcoin and Ethereum ETFs In a significant development, HSBC, the largest bank in Hong Kong, has reportedly introduced its initial range of cryptocurrency services tailored for the local market. дальше »

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HSBC rolls out cryptocurrency services in Hong Kong: Report

Three crypto ETFs listed on the Stock Exchange of Hong Kong are now reportedly available for trading at Hong Kong’s largest bank. дальше »

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Binance Reverses Decision: EU Privacy Coins Remain Listed

Binance has reportedly u-turned on the planned delisting of seven privacy coins in Europe, originally scheduled for Monday. The post Binance Reverses Decision: EU Privacy Coins Remain Listed appeared first on BeInCrypto. дальше »

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Mainstream media challenge decision to protect FTX customers: Report

Legal representatives of the media outlets have reportedly argued that FTX is not entitled to a “novel and sweeping exception” just because its customers use cryptocurrency. дальше »

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Mask Network Foundation’s $11.25M Move: Sparking Crypto Community Speculation

In a significant financial move, the Mask Network Foundation has reportedly transferred a staggering 3 million MASK tokens, equivalent to $11. 25 million, out of its reserves. This transaction, which took place earlier today, has sparked a flurry of speculation and intrigue within the crypto community. дальше »

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JPMorgan bank deploys JPM Coin for euro-denominated payments

German conglomerate Siemens was reportedly the first company to process euro-denominated payments using JPM Coin.

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Crypto-friendly Xapo Bank expands to India

Xapo, a crypto-friendly bank that integrates traditional private banking with crypto, is reportedly expanding its services to India. Headquartered in Gibraltar, Xapo Private Bank offers access to Bitcoin and US Dollar transactions via its app Xapo Bank. дальше »

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Deutsche Bank applies for digital asset custody license in Germany

Investment bank Deutsche Bank AG has applied to provide cryptocurrency custody services in Germany, per a June 20 Bloomberg report. Deutsche Bank’s head of commercial banking unit, David Lynne, reportedly confirmed the bank’s application during a conference on Tuesday, saying: “We’re building out our digital assets and custody business. дальше »

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Deutsche Bank reportedly applies for digital asset custody license from BaFin

Germany’s banking industry is slowly warming up to the crypto sector, with multiple partnerships and crypto services launching in 2023 after a long, cautious approach. дальше »

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Fidelity Investments Follows BlackRock’s Footsteps, prepares an Application for a Bitcoin Exchange-Traded Fund (ETF)

In a groundbreaking development, Fidelity Investments, a financial giant managing over $4.2 trillion in assets, is reportedly gearing up to enter the Bitcoin market in a significant way. The firm is said to be preparing an application for a Bitcoin Exchange-Traded Fund (ETF) and is considering a bid to acquire Grayscale, a leading digital currency […] The post Fidelity Investments Follows BlackRock’s Footsteps, prepares an Application for a Bitcoin Exchange-Traded Fund (ETF) appeared first on CaptainAltcoin. дальше »

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