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Among First to Approve Stablecoin Crypto Regulations. Singapore pioneers stablecoin regulation, ensuring stability against fiat currencies like the US dollar or the Singapore dollar. Stablecoin are often used for trading other cryptocurrencies, remittances, and payments. However, they also pose risks such as money laundering, fraud, and market manipulation. Singapore’s financial regulator, the Monetary Authority of […]
Judge Orders Jail Time for Witness Tampering. FTX founder Sam Bankman-Fried was sent to jail on Friday, August 11, 2023, by a federal judge in New York, after prosecutors accused him of trying to tamper with witnesses in his fraud case.
MuesliSwap Aims to Set Things Right, and Unstoppable Domains Introduces Blue Premium Membership. Bitstamp, one of the oldest cryptocurrency exchanges in the world, has announced that it will suspend trading of seven altcoins for its US customers starting from August 29, 2023. The affected tokens are Axie Infinity (AXS), Chiliz (CHZ), Decentraland (MANA), Polygon (MATIC), […]
Digital bank Revolut is planning to suspend its crypto-related services for its customers in the United States. Some of the reasons for this decision are: Crypto services will be suspended starting from September 2, 2023, and will be fully disabled by October 3, 2023. Despite impacting 1% of global crypto customers, the company assured it […]
Earn Rewards as You Explore! The BitMart Learning Center is a new platform that aims to empower users with unique opportunities to enhance their knowledge about cryptocurrencies and blockchain technology while being rewarded for their active participation and engagement. The Learning Center introduces two revolutionary NFTs: the “AMA Stamp NFT” and the “Learn to Earn: […]
More Than Just an Exchange Coinbase earnings and how they show the company is now much more than just an exchange. Coinbase is a leading U.S. cryptocurrency exchange that offers a variety of services and products to its customers, such as trading, custody, staking, lending, and more. Here are some highlights from their latest quarterly […]
US Couple Reveals Shocking Tale of Hiding Hacked Crypto from Bitfinex According to a news article by CyberNews, a husband-and-wife duo pleaded guilty in an elaborate scheme to launder stolen money from a 2016 crypto hack involving Bitfinex. Conceding guilt, the pair confessed to laundering funds from Bitfinex hack by burying gold and burning documents […]
There is a conspiracy theory circulating on Crypto Twitter that Sam Bankman-Fried, the founder of FTX, may be secretly behind a new memecoin on Base called BALD. The BALD memecoin, which draws its namesake from a humorous reference to Coinbase CEO Brian Armstrong, was launched on July 30 and witnessed an incredible 289,000% gain within […]
Elon Musk’s X platform has been the subject of much speculation in the crypto world. Some believe that Musk is planning to integrate Dogecoin into his “everything app” X, based on the discoveries of some X users. Others believe that Musk has quietly primed crypto for an ‘absolute game-changer’ that could cause chaos for the […]
