New law pushes around 400 crypto firms out of Estonia.

The number of registered crypto firms in Estonia has dropped by 80% after it enacted a new law to prevent money laundering. The money laundering regulator in the country, Financial Intelligence Unit, published a report stating that the validity of 389 authorizations has expired, and there are only 100 active authorizations for virtual assets service […] The post New law pushes around 400 crypto firms out of Estonia appeared first on CryptoSlate. origin »

Coinbase ex-manager gets 2-year sentence for insider trading.

The U. S. authorities sentenced Coinbase‘s former Product Manager to two years in jail for insider trading, according to Reuters. On May 9, 2023, the prosecutors decided Ishan Wahi’s sentence for participating in a scheme that involved “massive abuse” of Coinbase’s trust, the Reuters article noted. origin »

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Binance’s NFT marketplace to support Bitcoin Ordinals.

Crypto exchange Binance said its marketplace would enable support for Bitcoin (BTC) Ordinals. In a May 8 statement, Binance said it was enabling support for Bitcoin NFTs to elevate its marketplace to a multi-chain, open marketplace ecosystem, where users can explore and trade a variety of NFTs across multiple blockchains from their accounts. origin »

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BRC-20 tokens creating a frenzy as users pour BTC into minting tokens.

BRC-20 tokens have created a frenzy over the last few days. Users are pouring BTC to mint the token that is settled on the Bitcoin Blockchain via Ordinals inscription. Bitcoin sidechain Mintlayer CEO Enrico Rubboli however feel that the technology to mint the BRC tokens is “heavily flawed and isn’t in line with the axioms […] The post BRC-20 tokens creating a frenzy as users pour BTC into minting tokens appeared first on Invezz. origin »

‘Kim Jong-Un’ gets approved for Gate.io crypto account.

An account application under the name Kim Jong-Un cleared Gate. io’s Know Your Customer (KYC) checks and was approved within minutes. Gate. io KYC process draws scrutiny On-chain sleuth, ZachXBT, sought to test the hypothesis that crypto exchange accounts provide a degree of security when tracking down stolen funds. origin »

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OKX sends over $60M in crypto to Alameda’s wallet.

OKX sent over $60 million worth of crypto assets to bankrupt Alameda Research’s wallet in the last five hours, according to Arkham Intelligence data. The crypto exchange made 16 transactions — which included 10 deposits of $5 million USDT and 337,859 MASK (roughly $1. origin »

Ripple понадобилось $200 млн, чтобы защитится от SEC.

Криптовалютная компания Ripple потратила около $200 млн на защиту от Комиссии по ценным бумагам и биржам. Об этом сообщил генеральный директор фирмы Брэд Гарлингхаус на Дубайском финтех-саммите. Он также пожаловался на американское крипторегулирование и посоветовал новым предпринимателям не начинать свою деятельность в Соединенных Штатах. источник »

Управляющий ЦБ Ирландии Габриэль Махлуф: «Криптоинвестиции слишком похожи на лотерею».

Управляющий Центрального банка Ирландии (BCUS) призвал граждан страны скептично относиться к вложениям в криптовалюты, поскольку такие инвестиции являются высокорисковыми и опасными. источник »

Shiba Inu Price Crash Persists Despite Trillions Of SHIB Tokens Being Bought Up.

Shiba Inu [SHIB] is facing a significant price drop despite trillions of the meme coins being purchased. However, this amount of purchase can’t seem to stop its price crash. What could be causing this downward trend, and will it continue in the coming months? Despite the large number of Shiba Inu tokens purchased, the cryptocurrency market remains highly speculative, and prices can be affected by a multitude of factors. origin »

Bitcoin To Drop Further? Whales Show Signs Of Dumping.

On-chain data shows the Bitcoin exchange whale ratio has spiked recently, something that could lead to further downside in the asset’s value. Bitcoin Exchange Whale Ratio Has Sharply Surged Recently As pointed out by an analyst in a CryptoQuant post, the exchange whale ratio is currently at its highest level since September 2019. origin »

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Транзакции в Биткоине не проходят, а криптобиржа Binance дважды за день заблокировала выводы. Что происходит с Bitcoin?.

Сеть Биткоина и Эфириума столкнулись с невероятно резким ростом комиссий. Из-за этого криптобиржи вынуждены приостанавливать выводы и повышать стоимость отправки средств. Ну а обычные пользователи страдают, ведь их деньги застревают. источник »

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Metacade (MCADE) pulls back 40%: is it time to buy?.

The price of MCADE, Metacade’s native cryptocurrency, has dipped over the past few days after hitting an all-time high of $0. 04569. At press time, MCADE had dropped 39. 49% from its all-time high and seemed still on a   strong bear market seeing that it has dropped by 14. origin »

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