The U.S. Treasury Department has brought to light an emerging issue within the financial domain, revealing a spike in cryptocurrency misuse by criminal actors. In its 2024 National Risk Assessments, the department goes into detail on urgent matters of money laundering, terrorist financing, and proliferation financing, which is a very complex picture that needs to […]

Stablecoin issuer Paxos has inked a new strategic partnership with Chainlink to accelerate the use of PayPal USD (PYUSD) for on-chain transactions. Chainlink Price Feed for PayPal USD As part of the alliance between Chainlink and the leading regulated blockchain infrastructure and tokenization platform, the former has introduced the PYUSD Chainlink Price Feed on the […]

SNAP token creator, Snap Inc posted disappointing quarterly results, fanning concerns about the firm’s future. Snapchat parent’s result failed to meet Wall Street expectations after it posted a 5% increase in revenue for the fourth quarter. The shares of the company slumped over 30% reflecting investor dispiriting. Snap Inc quarterly results miss expectations According to […]

XRP price prediction: XRP’s market behavior has recently shown signs of transitioning towards a bullish phase despite a week of lateral movement. The cryptocurrency has seen its value swing widely, with recent trends slightly favoring an upward direction. As of the latest update, the XRP price is $0.507, marking a modest increase of 0.55% over […]

So far the year 2024 is not in favor of Coinbase’s shareholders as the asset continues to deepen its current correction trend. From the last peak of $187, the Coinbase (COIN) Stock has fallen 37.36% to $117 within the last 30 days of trading. Besides the general market sentiment, it seems the newly launched Bitcoin […]

Prometheum Inc., the only crypto securities platform to register with the Securities and Exchange Commission (SEC) in the U.S., has decided that Ethereum (ETH) will be its first digital asset in custody on behalf of clients. This move opens the doors to the company’s journey into the cryptocurrency custody space as it intends on expanding […]

A former Kansas Bank CEO is accused of embezzling $ 47.1 million from the lender to invest in cryptocurrency investments. Shan Hanes, the former leader of Heartland Tri-State Bank which folded in July, is also charged with embezzling money from a local church. The details of this incredible case were disclosed by prosecutors’ filing in […]

Cryptocurrency exchange OKX has registered a new expansion with the introduction of OKX Argentina to offer a new crypto wallet and digital asset platform. OKX Argentina Operations Kicks Off In a recent announcement, the global Web3.0 technology and brokerage outfit announced the debut of its Web3.0 wallet in Argentina. Amongst its counterparts, the Seychelles-headquartered crypto exchange […]

Bitcoin Mining firm BitFuFu is eyeing an initial public offering in the US via a SPAC merger. The company had previously filled a form F-4 with the SEC which was approved today, strengthening the chances of the firm going public. The IPO will also come at a time when Bitcoin Mining has been steadily increasing […]

Binance cryptocurrency exchange is set to face legal challenges in Uzbekistan. The National Agency for Prospective Projects (NAPP) has announced its intention to take Binance to court for operating without the necessary license in the country. This move underscores the increasing scrutiny and regulatory demands facing crypto exchanges globally. According to reports, Binance has been […]