Author: Tony Pearce
Visa and Santander to Take Part in Brazil’s CBDC Pilot
Reading Time: < 1 minuteThe second phase of the pilot, known as Drex, has received 42 proposals from the BCB and Brazil’s Securities and Exchange Commission (CVM), according to a statement from the bank. Through this phase, the BCB will supervise 11 projects, while the CVM will monitor two.
Robinhood Pays $3.9 Million to Settle California DOJ Investigation
Reading Time: < 1 minuteRobinhood Crypto’s past practices have resulted in a $3.9 million penalty as the company failed to allow customers to withdraw cryptocurrency between the years 2018 to 2022.
Bitcoin’s Hashrate Hits an All-time High
Reading Time: < 1 minuteThe combined computing power used to secure the Bitcoin network, known as the hashrate, reached a record high of over 742 exahashes per second (EH/s) on September 1.
Japanese Company Metaplanet Partners with SBI VC Trade to Offer Custody Services
Reading Time: < 1 minuteMetaplanet, a Japanese investment advisor, has announced that they have chosen SBI VC Trade to handle their custody services.
WazirX Hacker Moves $6M in ETH to Crypto Mixer Tornado Cash
Reading Time: < 1 minuteThe hacker who stole more than $235 million from the Indian crypto exchange WazirX has just moved $6.5 million worth of funds through the crypto mixer Tornado Cash.
Number of Bitcoin Whales Hits Highest Level in 17 Months
Reading Time: < 1 minuteThe number of Bitcoin wallets with a balance of 100 BTC or more has reached its highest point in 17 months, following a spike in holding over the past month.
Crypto.com Teams Up with Standard Chartered to Launch a Retail Services Business
Reading Time: < 1 minuteCrypto.com has announced the launch of a new retail services business in partnership with Standard Chartered to increase accessibility to US dollars, euros, and United Arab Emirates dirham.
OpenSea Receives a Wells Notice
Reading Time: < 1 minuteThe US Securities and Exchange Commission has extended its scrutiny of the crypto industry by adding OpenSea, a well-known crypto marketplace, to its list of targets.
HashKey Exchange Lists AVAX and LINK for Retail Investors
Reading Time: < 1 minuteHong Kong-based HashKey Exchange has recently added AVAX and LINK trading pairs for retail investors. As of 6 a.m. ET on Wednesday, the exchange made trading available for the AVAX/USD […]
TON Blockchain Suffers an Outage
Reading Time: < 1 minuteThe Open Network (TON) has been experiencing a disruption in operations, with no transactions being processed for a period of six hours.
Nasdaq Plans to Launch Bitcoin Index Options
Reading Time: < 1 minuteNasdaq and joined by CF Benchmarks have submitted a filing to the SEC to list and trade Nasdaq Bitcoin Index Options (XBTX).
Inflows into Bitcoin Reach $543M: Report
Reading Time: < 1 minuteBitcoin saw a total of $543 million in inflows, driven by Fed Chair Jerome Powell’s favorable comments.
WazirX to Allow Rupee Withdrawals
Reading Time: < 1 minuteWazirX, the Indian cryptocurrency exchange that was the victim of a $230 million hack in July, has announced that it will resume allowing withdrawals in rupees.
Thailand’s Police Raids an Illegal Bitcoin Mine
Reading Time: < 1 minuteOn Sunday, Thailand’s police and electricity authorities revealed that they had conducted a raid on an illegal bitcoin mine located in a local town.
Grayscale Launches an Avalanche Blockchain Token Trust
Reading Time: < 1 minuteGrayscale Investments has announced the addition of an Avalanche blockchain token trust to its list of recently introduced products.
Colombia’s Watchdog Accuses Worldcoin of Violating Personal Data Protection Regime
Reading Time: < 1 minuteColombia’s leading consumer protection agency has accused Worldcoin and its parent company Tools for Humanity of potentially violating the country’s laws on personal data protection.
Mining Firm Bitfarms Purchases Rival Stronghold Digital Mining
Reading Time: < 1 minuteBitcoin mining company Bitfarms has purchased Stronghold Digital Mining for approximately $125 million, including assumed debt of $50 million.
Tether to Realese a Dirham-pegged Stablecoin in UAE
Reading Time: < 1 minuteTether has announced its upcoming launch of a new stablecoin pegged to the United Arab Emirates dirham (AED).
Malaysian Authorities Destroy Almost 1,000 BTC Mining Devices
Reading Time: < 1 minuteMalaysian authorities have destroyed 985 Bitcoin mining machines worth approximately 1.98 million Malaysian ringgits ($452,500).
Bitwise Buys European ETP Provider ETC Group
Reading Time: < 1 minuteCrypto asset manager Bitwise has strengthened its global presence by acquiring London-based ETC Group.
Bitcoin’s Mining Profitability Falls to All-time Low
Reading Time: < 1 minuteThe recent increase in the Bitcoin network hashrate has caused a decline in the stock value of BTC mining companies that had recently gained from their investments in artificial intelligence (AI).
Australia’s Regulator Takes Down 600 Crypto-related Scams
Reading Time: < 1 minuteThe financial markets regulator in Australia has reported removing more than 600 fraudulent cryptocurrency schemes in the past year, cautioning that fraudsters and artificial intelligence are constantly adapting their methods to deceive unsuspecting individuals.
South Korea’s Pension Fund Purchases $33.7M in MicroStrategy Shares
Reading Time: < 1 minuteThe world’s third-largest pension fund, South Korea’s National Pension Service, bought $33.7 million worth of shares from MicroStrategy in the second quarter of this year.
US Government Moves $600M in Bitcoin
Reading Time: < 1 minuteThe US government transferred 10,000 seized Bitcoin (BTC) related to Silk Road to Coinbase Prime, the institutional platform of the popular exchange, on Wednesday.
Binance’s App Returns to India
Reading Time: < 1 minuteAfter a seven-month ban due to noncompliance with local regulations, cryptocurrency exchange Binance has now returned to India’s Google Play Store and Apple App Store.
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