Israel Arrests 3 in Crypto Scheme to Launder Millions Stolen From France

Police in Israel have detained three suspects who allegedly laundered millions of euros stolen from the French treasury through cryptocurrency transactions. The money came from government grants for businesses affected by the Covid-19 pandemic. Israeli Law Enforcement Busts Money-Laundering Ring Using Coins to Clean Money for French Fraudsters Three people have been arrested in Israel …

Lido Finance Partners With KyberSwap Elastic to Enhance Liquidity on Polygon With Over $120,000 in Liquidity Mining Rewards

sponsored Singapore — August 17th – Lido Finance, a giant in the Ethereum staking world, will be enhancing liquidity on Polygon with KyberSwap Elastic. Lido Finance is the largest platform for liquid staking services on Ethereum. Powering DeFi and CeFi applications alike with their technology, Lido Finance empowers stakers to put their staked assets to …

Lucky Blocks Price Analysis: LBLOCK Regains Bullishness

Lucky Block: August 17th Today LBLOCK/USD appears to have commenced an upward correction. This has consequently brought the value of the crypto to around $0.002082. And, at that, Lucky Block is still at the beginning of a lucrative trading opportunity, as the price may go even higher soon. Therefore, buyers should utilize the trading opportunity …

Venture Capitalist Kevin O’Leary Says Crypto Regulations From CFTC and SEC Are Coming – Here’s His Timeline

Shark Tank star investor Kevin O’Leary is weighing on the potential road map toward a formal definition of terms and regulations within the crypto space. In a recent roundtable discussion with Crypto Banter, O’Leary suggests that if the Republicans end up winning a majority in Congress during the November elections, crypto is likely to achieve …

Here’s What’s Next for Binance Coin, Chainlink and Four Additional Altcoins, According to Top Analyst

Popular crypto strategist Michaël van de Poppe is mapping out what’s ahead for a half dozen of altcoins including Binance Coin (BNB) and Chainlink (LINK). Van de Poppe tells his 622,300 Twitter followers that BNB, the utility token of crypto exchange Binance, remains in a strong uptrend, but he’s expecting a slight pullback in the …

Fake Manchester United token soars 3,000% after Elon Musk jokes about buying team

Manchester United Fan Token (MUFC) is a dead coin and not related to the sports franchise, but one Elon Musk tweet was enough to revive it on Aug. 17. Also, I’m buying Manchester United ur welcome — Elon Musk (@elonmusk) August 17, 2022 Fake Man U token pumps after Elon Musk’s tweet To clarify, MUFC …

Blockchain VC Shima Capital debuts with $200M Web3 fund

Shima Capital, a new venture firm focused on early-stage blockchain projects, has launched its debut fund to support emerging digital asset companies — and has received considerable backing in doing so. The Shima Capital Fund I raised a combined $200 million from several high-profile crypto investors, including Dragonfly Capital, Animoca Brands and OKX, the company …

Binance assures users after 3rd-party glitch briefly halted withdrawals

Cryptocurrency exchange Binance announced a temporary freeze on withdrawals on Wednesday morning. The suspension took place across multiple networks as a result of a technical issue by a third-party provider, according to Binance.  In a tweet, the exchange said the incident took place around 7:00 am UTC and was resolved by the team within an …

Indian police launch probe into BitConnect founder wanted by US SEC

The saga of BitConnect, a major cryptocurrency scam scheme, is taking another twist as one of the BitConnect co-founders is now wanted by the Indian state police. Satish Kumbhani, an Indian national and the alleged founder of the crypto Ponzi scheme BitConnect, reportedly became subject to a new police investigation in India, The Indian Express …

Crypto.Com Emerges As The 37th Firm To Bag A Crypto License From The U.K. FCA

Summary: Britain’s top financial regulator has approved Crypto.com as a registered crypto business. The FCA’s regulatory green light allows the crypto exchange to offer digital asset services in the U.K. under domestic financial laws. Authorities previously announced intentions to position the U.K. as a cryptocurrency hub. CEO Kris Marszalek said the company plans to support …

Coinbase to Halt Ethereum ERC-20 Deposits & Withdrawals During The Merge

Coinbase product manager Armin Rezaiean-Asel announced in a blog post that the exchange will halt ETH and ERC-20 deposits and withdrawals during the Ethereum Merge. It’s not the first time that Coinbase Is temporarily suspending deposits and withdrawals. Taking precautionary measures to protect users and the system is Coinbase’s standard practice for any major network …

EOS Daily Price Prediction for the 17TH of August: EOS/USD Bulls Are Aggressive

Between mid-June and mid-July, EOS/USD chart information shows a period of indecision between the forces of buyers and sellers. Towards the end of July, the trend changed as the Bulls begin to make some impressive moves to drive up the price. The bears also made some aggressive moves to drive down the price. But bullish …

Coinbase Says This Crypto Asset Will Be the Foundation of New Era of Financial Services

The leading US-based cryptocurrency exchange says that one dollar-pegged stablecoin will play an important role within the transforming financial landscape. In a new blog post, Coinbase says US Dollar Coin (USDC) will be a key component of the broader revolutionary changes as adoption of digital currencies expands. USDC was co-created by Coinbase and Circle as …

Web3 gives creators in emerging markets a shot, says Faro Company CEO

While the entertainment and production industry is still primarily dominated by the West, shows like the Squid Game demonstrate an opportunity for non-Western productions to take flight on the international scene. With some help from Web3, creators in developing markets can find their way to a bigger stage, according to an expert in the entertainment …

EthereumPoW team plans to freeze selected contracts, community pushes back

Ethereum (ETH) is all set to transition to a proof-of-stake (PoS) network by Sept. 15-16 that would see an end to its current proof-of-work (PoW) chain. This event would eliminate PoW mining from the Ethereum ecosystem. The terminal total difficulty has been set to 58750000000000000000000. This means the ethereum PoW network now has a (roughly) fixed number …

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