Catenaa, Friday, January 10, 2024 – France is grappling with an alarming surge in cryptocurrency scams, with losses in 2024 estimated at half a billion euros, as criminals use increasingly sophisticated tactics. The country saw a sharp increase in scams, with 3.2% of French people falling victim, compared to just 1.2% in 2021. Fictitious loans […]
Cheyenne, Wyoming, Tuesday, April 9, 2024 – A federal judge has ruled against Custodia Bank in its lawsuit challenging the Federal Reserve’s rejection of its application for a master account. In 2022, Custodia Bank filed a lawsuit against the central bank for procrastinating its decision regarding acquiring a master account. On Friday, March 29 a […]
Dubai, Tuesday, March 12, 2024 – Nexo, a company offering digital asset services, has secured initial approval from Dubai’s Virtual Assets Regulatory Authority (VARA) to operate as a licensed entity in the emirate. This initial approval allows Nexo to proceed with the licensing process, seeking full authorization for activities, such as lending, borrowing, management and […]
Dubai, UAE , November 27, 2023: The Dubai Virtual Assets Regulatory Authority (VARA) issued an alert warning investors and market participants last month over the unauthorized issuance, marketing, and retail distribution of a cryptocurrency called “Islamic Coin” (ISLM) by Bored Gen DMCC (BG). According to the VARA alert, BG is not a licensed or registered […]
London, UK, October 10, 2023: The value of illicit crypto laundered through cross-chain criminal activities has surged to a record-breaking $7 billion, according to a newly released report by blockchain analytics and risk management firm Elliptic. The report, titled State of Cross-Chain Crime Report by Elliptic, was released on October 4, 2023. The report found […]
Wednesday, November 20, 2024 – Ethereum Foundation (EF), the second largest blockchain platform, secured $970.2 million in its treasury by October 31, its recent financial report on November 8, said. The EF financial report can be found here Compared to the financial report released in March 2022, a dip of 39% could be observed in […]
LONDON, UK, Monday, February 27, 2024 – Fidelity International, a leading asset manager, announced a significant reduction in the fee associated with its European Bitcoin Exchange-Traded Product (ETP) on Tuesday, joining a growing trend in the European crypto ETP market. The Fidelity Physical Bitcoin ETP (FBTC) will now have a total expense ratio (TER) of […]
NEW YORK, NY, Tuesday, February 6, 2024 – Formerly prominent exchange FTX has officially abandoned its efforts to relaunch its platform. Restructuring advisers would need to examine the millions of claims that have been filed against FTX to weed out those that are not legitimate, Bloomberg News reported, citing Andrew Dietderich as saying this during […]
Connecticut, Monday, April 8, 2024 – A new investment tool, the Grayscale Dynamic Income Fund (GDIF), was launched to assist clients in maximizing their earnings from staking rewards when managing their portfolios, Grayscale said recently. Grayscale’s Dynamic Income Fund (GDIF) is an investment vehicle designed to generate income for investors through cryptocurrency staking. Unlike some […]
Catenaa, Wednesday, February 12, 2025 – Helium Mobile has launched the nation’s first free 5G phone plan, offering 3GB of data, 300 texts, and 100 minutes of calls per month at no cost. Due to expected high demand, the company has opened a waitlist for its new “Zero Plan.” The decentralized network is powered by […]
Catenaa, Friday, March 07, 2025-Digital asset custodian Hex Trust has received a Major Payment Institution (MPI) license from Singapore’s Monetary Authority (MAS), allowing the firm to offer regulated digital payment token services and cross-border money transfers. The full license, granted on March 1, 2025, follows the company’s initial approval in July 2024. Hex Trust sees […]
Hong Kong, Monday, April 1, 2024-The Hong Kong Securities and Futures Commission (SFC) recently issued a public warning regarding HKCEXP, a platform that trades crypto assets, urging caution among investors. While the exact nature of HKCEXP remains unclear, the SFC emphasized potential risks associated with it. The SFC stressed the importance of conducting thorough research […]
Catenaa, Friday, February 14, 2025 – Japan’s SBI Group has reported record crypto-related profits as it readies itself to become the first exchange operator in the country to list USD Coin (USDC). The firm also announced plans to expand its crypto offerings. In its consolidated Q3 financial results, SBI posted revenues of approximately 62.8 billion […]
NEW YORK, NY, NOVEMBER 21, 2023: JPMorgan Chase & Co., a leading global financial services firm, announced the launch of programmable payments, a new feature powered by blockchain technology that enables businesses to automate fund transfers based on predefined conditions. This innovative solution marks a significant step forward in the bank’s ongoing efforts to leverage […]
Catenaa, Tuesday, February 11, 2025 – Ohio state senator Sandra O’Brien on January 28 introduced a second bill for a Bitcoin (BTC) reserve fund, reports on February five said. The public funds would be converted to Bitcoin and stored in the state treasury for the proposed BTC fund. It is mandated to store a bitcoin […]
Catenaa, Saturday, February 15, 2025 – Ondo Finance has announced the launch of Ondo Chain, a layer-1 blockchain designed for real-world asset tokenization, a move expected to bolster its market position despite broader crypto volatility. The protocol, backed by institutional finance heavyweights including Franklin Templeton, Wellington Management, and BlackRock, aims to address inefficiencies in the […]
Catenaa, Sunday, February 02, 2025 – More than one in five Russians trade or hold meme coins, according to a recent survey by financial services provider Vyberu. The survey, which polled 3,000 Russians aged 18 to 60, highlights the growing popularity of “hype”-driven tokens in the country. The findings reveal that 21% of respondents have […]
Catenaa, Saturday, March 01, 2025-A new report from blockchain security firm Cyvers reveals that Pig Butchering scams have stolen over $5.5 billion across 1.15 million fraudulent transactions, with younger, tech-savvy individuals emerging as prime targets. The study, which analyzed 150 major crypto platforms, found that those aged 30 to 49 now represent the majority of […]
Stamford, Connecticut, Tuesday, March 12, 2024 – Grayscale Investments, the company behind the world’s largest Bitcoin exchange-traded fund (ETF), announced on March 4 the launch of a new cryptocurrency product, the Grayscale Dynamic Income Fund (GDIF). It said the GDIF is a first-of-its-kind actively managed fund for Grayscale, focusing on staking rewards from various Proof-of-Stake […]
Singapore, Wednesday October 4 — Ripple and Coinbase, two of the world’s leading cryptocurrency companies, have received licenses to operate in Singapore. The Monetary Authority of Singapore (MAS) announced on October 3, 2023 that Ripple and Coinbase had been granted Major Payment Institution (MPI) licenses. This license allows companies to provide a wide range of […]
Catenaa, Wednesday, February 12, 2025 – The Russian Energy Ministry has planned to initiate a registry of crypto mining, RBC said on February 5. The decision that has been taken by the Russian government was to regulate the mining operations within the country, the report said. The proposed registry would help to control the miners […]
London, Tuesday, April 19, 2024 – The Securities and Exchange Commission (SEC), the US agency responsible for fortifying the regulations of markets and investors, was sanctioned on March 25 by a US district court due to the “bad faith” in the lawsuit against Debt Box, according to the resource. The motion filed by the SEC […]
SINGAPORE, Tuesday, April 9, 2024- Singapore’s Monetary Authority of Singapore (MAS), has implemented licensing requirements for companies offering crypto custodial services. The regulations, passed by parliament in 2021 but activated on April 4, 2024, aim to bring greater transparency and consumer protection to the burgeoning crypto sector. Under the new rules, firms holding clients’ digital […]
Catenaa, Tuesday, February 11, 2025 – Toronto-based Sol Strategies has significantly increased its Solana holdings with a recent purchase of 40,300 SOL, valued at approximately $9.93 million. The acquisition, made between Jan. 19 and Jan. 31 at an average price of $246.53 per token, brings the company’s total Solana holdings to 189,968 SOL, worth nearly […]
Catenaa, Wednesday, January 5, 2025 – Sony Block Solutions Labs reached a new milestone, launching its own L2 Ethereum network as Soneium on January 13. The new network allows users to participate in the Soneium Spark funding program, particularly aimed at startups. Soneium, at its core, would support creative individuals to interact with the audience, […]
Taipei, Oct. 11, 2023: Taiwan is aiming to pass a new law regulating cryptocurrencies by November, according to a report in Forbes Magazine. The passage of a new cryptocurrency law in Taiwan would be a significant step for the country. Taiwan is one of the largest cryptocurrency markets in the world, and the new law […]
Catenaa, Wednesday, January 22, 2025 –The Trump family’s venture into cryptocurrency met turbulence as newly launched meme coins—Official Trump (TRUMP) and Melania Meme (MELANIA)—suffered sharp declines following President Donald Trump’s inauguration. MELANIA, introduced by First Lady Melania Trump, dropped over 60% from its debut high, settling with a market cap of $625.5 million, according to […]
Catenaa, Monday, February 10, 2025 – Switzerland’s largest bank, UBS, has begun testing blockchain technology to modernize digital gold investments for retail investors. The bank, which manages over $5.7 trillion in assets, recently completed a proof-of-concept for UBS Key4 Gold, a fractional gold investment product, on Ethereum layer-2 network ZKsync Validium. UBS aims to address […]
Brooklyn, Wednesday, March 13, 2024– Uniswap, the decentralized exchange protocol, announced on February 27, 2024, their new releases of Uniswap Extension, Limit Orders, Data, and Insights on the Uniswap platform. The Uniswap protocol that is operative on both web and mobile apps has broadened its space for users’ utility. The facile method of utilizing the […]
SINGAPORE, Tuesday, January 16, 2024- South Korean cryptocurrency exchange Upbit has obtained a full Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), opening the door for expanded operations in the city-state. The license, granted on Friday, January 19, 2024, empowers Upbit to offer regulated digital payment token (DPT) services to users […]
WASHINGTON, Tuesday, April 23, 2024- A senior U.S. Treasury Department official called for stricter regulations to combat illicit activity within the cryptocurrency sector during a Senate Banking Committee hearing on April 9, 2024. The excerpts from the Treasury’s proposals can be seen here. The Senate Banking Committee is expected to consider legislation addressing cryptocurrency regulation […]
New York, Friday, December 8– Investment firm VanEck, in its recent report titled 15 Crypto Predictions for 2024, predicts a surging year for Solana (SOL), forecasting it could join the top three cryptocurrencies by market cap. The report, released on December 7, cites Solana’s impressive technical capabilities, with its fast 65,000 transactions per second (TPS) […]
DUBAI, Saturday, November 18– The Dubai Virtual Assets Regulatory Authority (VARA) announced a leadership transition as it gears up for full-scale market operations on November 16. Matthew White, a seasoned technology and digital trust expert with over 20 years of global advisory experience, will take over as CEO from Henson Orser, who successfully oversaw VARA’s […]