Moscow, Tuesday, February 20, 2024 – Cryptocurrencies had been increasingly used in pyramid scams, the Central Bank of Russia said in a media release on Friday, February 9. It said that the bank had detected a significant rise in financial pyramid schemes and illegal activities involving crypto themes in 2023. The Bank of Russia’s data, […]
Frankfurt, Monday, February 12, 2024 – Germany’s financial regulator, BaFin has granted regulatory approval to Neutral and DLT Finance for their blockchain-backed carbon credit exchange. “Neutral, a technology company building market infrastructure for environmental assets, and DLT Finance, a BaFin-licensed trading and brokerage firm, have partnered to launch the first regulated trading platform for tokenized […]
TEL AVIV, Israel, Monday, March 18, 2024 – An Israeli cryptocurrency exchange is set to launch the country’s first-ever stablecoin pegged to the Israeli shekel, according to a company statement. The stablecoin, named BILS, will be issued by Bits of Gold, a Tel Aviv-based crypto financial services company. BILS will be backed by an equivalent […]
Austin, Texas, Saturday, August 5: Tesla CEO Elon Musk today denied plans to launch a cryptocurrency, dispelling rumors that his company X (formerly Twitter) had already done so. In a Tweet on August 5, Musk, in response to another post, said, “And we never will.” Following a cautionary message from a user known as Doge […]
San Francisco Wednesday, January 17, 2024 – Ondo Foundation, a decentralized investment platform dedicated to bridging traditional finance with decentralized finance (DeFi), has introduced ONDO Points and a token unlock plan. The goal is to encourage community participation and establish a robust governance structure. ONDO Points serve as a gateway to governance, allowing users to […]
Ripple, Binance stress that the affected wallets belonged to Chris Larsen’s private accounts and have nothing to do with Ripple San Francisco, February 7, 2024 – The value of XRP, the cryptocurrency associated with payments company Ripple, experienced a notable decline following news that co-founder Chris Larsen’s private crypto wallets were breached on Tuesday, January […]
San Francisco, Tuesday, March 26, 2024 – Tensor, Solana’s top NFT marketplace, announced on March 13, 2024, that the $TNSR governance token will be introduced soon to the decentralized market. The new formation of the Tensor Foundation will be operated by the Tensor protocol with $TNSR holders, empowering the blockchain platform. The in-depth revelation of […]
Seoul, South Korea Tuesday, January 30, 2024 – South Korean cryptocurrency exchange Upbit on Monday raised a red flag on the SSX (SOMESING) token, issuing an investment warning and temporarily suspending both trading and withdrawals due to potential security concerns. On Saturday Somesing disclosed a loss of 730 million of its native token, SSX, amounting […]