Reports on crypto funding terrorism and blockchain forensics were confusing, but everyone agreed on the need for collaboration and regulation.
Blockchain Association Says Proposed Broker Rule Will Drive US-Based DeFi out of Existence
The Blockchain Association, a pro-crypto lobbying group, says new proposed crypto regulations from the U.S. Department of the Treasury will destroy the domestic decentralized finance (DeFi) sector. In August, the Treasury Department and the Internal Revenue Service (IRS) rolled out a new proposal that would lay out new reporting requirements for “crypto brokers.” Crypto broker […]
Important Update from Binance Concerning 13 Cryptocurrencies
TL;DR New Cryptocurrencies on Binance Japan: Binance Japan adds 13 new digital assets, including NEAR, IMX, and MANA, expanding its total offerings to 47, with future plans to reach 100. Market Response to Announcement: The addition of these cryptocurrencies led to a positive market response, with notable gains in NEAR, KLAY, and OP. Binance’s Strategic […]
Bitcoin Whales Cash In $2 Billion Profits Amid BlackRock-Driven Surge
On November 14, cryptocurrency analyst Alí Martinez shared on-chain data revealing that on November 3, Bitcoin whales began taking profits as the BTC price rose from $35,000 to nearly $38,000. Martinez reported that during the recent surge in Bitcoin prices, driven by BlackRock, the world’s largest asset manager with $9.42 trillion in assets under management, […]
Tether, BitFinex victorious as court finalizes lawsuit dismissal
The court has finalized the dismissal of a class action lawsuit filed against BitFinex and Tether after the plaintiffs in the case — Matthew Anderson and Shawn Dolifka — elected not to appeal the dismissal ruling, according to a Nov. 15 press release. Tether and BitFinex issued a statement on the matter, saying the plaintiff’s […]
Dogecoin Vs. Shiba Inu: Which Meme Coin Is More Profitable For Holders?
DOGE and SHIB holders have had different things to talk about in the past month. As two of the most popular meme coins, Dogecoin and Shiba Inu seem pretty similar at first glance. Both digital assets have pushed themselves to the very best as they look to upgrade from the meme token status. Everyone seems […]
USDC Revolutionizes Financial Landscape with Singapore Mint
Circle, a leading global financial technology company, has unveiled Circle Mint, a platform that facilitates seamless and cost-effective USDC minting for businesses and individuals in Singapore. This groundbreaking initiative marks a pivotal step towards expanding access to digital currencies in the Asia Pacific region. Circle Mint is a secure and compliant platform that allows users […]
Disney launches NFT platform, eye issues at ApeFest and NFT sales rise: Nifty Newsletter
Cointelegraph reached out to various professionals in the Web3 space to get their thoughts on the recent upward trend in NFT sales volumes.
Crypto Influencer Shares Details of Latest Scam Targeting Ledger Users
On Nov. 15, Scott Melker, aka “The Wolf of All Streets,” said that one of his followers was hacked in the latest scam targeting Ledger users. While checking his Nano S hardware wallet, the user reported seeing a 503 HTTP API error when it attempted to synchronize, “which in and of itself terrified me.” The […]
JPMorgan’s JPM Coin About To ‘Take Off’ and 5–10X Its Daily Volume, According to Executive
A top executive at banking giant JPMorgan says that JPM Coin, the firm’s own digital asset, is set to increase its daily volume by potentially 10X. In a new interview with Bloomberg, Umar Farooq, JPMorgan’s global head of financial institution payments, says that with JPM Coin, the firm has made significant progress in terms of […]