According to the CEO of the cryptocurrency exchange Okx, users are now barred from account interacting with Tornado Cash and Garantex. In a post on social media, the CEO said any Okx accounts receiving deposits from sanctioned entities, including Garantex and Tornado Cash, will trigger compliance risk control, ultimately leading to account closure. Similarly, any …
Continue reading “Okx Says Accounts Interacting With Tornado Cash Will Be Closed”
The government of President Javier Milei has created a security-focused artificial intelligence (AI) unit that will use learning algorithms and other technologies to supervise the internet and predict crimes before they happen in Argentina. The unit, created last week, has caught attention in social media due to its similarities with how police act in the …
Stockrise, Roblox’s highest-grossing stock simulator game, has been acquired by the socialfi gaming platform Pip World for an undisclosed price. The acquisition is expected to help Pip users develop practical risk assessment and trading skills. The deal sees Stockrise join Pip’s social games ecosystem, which includes the immersive trading strategy simulator game Pip Trader. Boosting …
Continue reading “Pip World Buys Roblox Stock Simulator Game for Undisclosed Price”
Robinhood Markets announced a record-breaking $682 million in revenue for the second quarter, highlighting a 161% rise in cryptocurrency revenue. Robinhood’s assets under custody also saw a 57% increase, driven by key acquisitions and the rising value of both equities and cryptocurrencies. Robinhood Reports Record Q2 2024 Revenues Driven by Cryptocurrency Trading Robinhood Markets, Inc. …
Continue reading “Robinhood Reports 161% Surge in Q2 Crypto Revenue”
A London high court has announced a global asset freeze targeting Onecoin’s co-founder Ruja Ignatova and associates. Over 400 investors sought this legal action after losing millions in the Onecoin cryptocurrency scam. The asset freeze prevents further movement of Ignatova’s wealth, possibly aiding victims’ compensation. Onecoin’s Ruja Ignatova Faces Global Asset Freeze Amid Investor Lawsuit …
Continue reading “Global Asset Freeze Targets Fugitive ‘Cryptoqueen’ and Onecoin”
The CEO of stablecoin issuer Tether Holdings Ltd. has announced plans to increase the company’s employee headcount to 200 by mid-2025. The firm stated that a majority of the new employees will be assigned to the compliance team, while others will join the finance team. A Finance Behemoth With a Lean Structure Stablecoin issuer Tether …
Continue reading “Tether to Increase Its Workforce to 200 by Mid-2025, Says CEO Paolo Ardoino”
Layer-1 blockchain The Open Network (TON) is surging by more than 13% in 24 hours after suddenly gaining support from the world’s largest crypto exchange by volume. Toncoin is trading at $6.22 at time of writing, up from $5.44 a day ago. In a new announcement, Binance says its listing TON with a seed tag, …
Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His …
Continue reading “NBTC: THORChain Protocol Revenue Rises 100%, Why Is RUNE Struggling?”
A crypto analyst has reignited the debate between Ethereum (ETH) and Solana (SOL), evaluating which cryptocurrency was more superior. Considering recent market trends and performances of both altcoins, the analyst has finally identified a clear winner in the competition. Solana Wins Battle Against Ethereum In a recent X (formerly Twitter) post, legendary crypto trader and …
Continue reading “Ethereum Vs. Solana: Legendary Trader Peter Brandt Reveals The ‘Clear Winner’”
The cryptocurrency exchange OKX has announced a firm policy banning accounts linked to the questionable mixing service Tornado Cash in an attempt to prevent illicit activity and promote compliance with international laws. According to OKX CEO Star Xu, any account found to be exploited by Tornado Cash or other authorized firms like Garantex would be …
Continue reading “OKX Takes Action: Accounts Involving Tornado Cash To Be Banned”
Since reaching its yearly high of $0.2288 on March 28, the Dogecoin price has plummeted by over 54%. From its all-time high in May 2021, the DOGE price has declined by more than 85%. Despite this downturn, crypto analyst Cryptorphic (@Cryptorphic1) suggests that a bullish reversal may be on the horizon. Cryptorphic has conducted an …
Continue reading “Dogecoin Price Could Soar 900%: Analyst Predicts What Needs To Happen”
The cryptocurrency landscape is abuzz with excitement as investors weigh their options between Ripple (XRP) and the rapidly emerging Mpeppe (MPEPE) token. With both cryptos showing potential for substantial gains, the question on everyone’s mind is: which one will deliver life-changing profits? Ripple (XRP): A Legal Victory Sparks a Rally Ripple (XRP) has been a …
Continue reading “XRP or MPEPE: Which Crypto Will Bring More Life-Changing Profits”
The Bitcoin bull-bear market indicator has turned green once more after Bitcoin’s drop below $50,000 triggered its first bearish signal since January 2023.
JPMorgan Chase is already hearing from US lawmakers after declaring it may soon impose unprecedented fees on its 80 million-plus customers. In a letter to the banking giant obtained by Fortune, Democratic Senators Elizabeth Warren and Chris Van Hollen blast the bank’s flirtations with fee hikes, including charges for basic checking accounts and services. “Will …
Two under-the-radar altcoins are surging after abruptly gaining support from top US-based crypto exchange Coinbase. In a new announcement, Coinbase Assets says it is adding interoperable layer-1 blockchain ZetaChain (ZETACHAIN) and cross-chain bridge Across Protocol (AVX) to its listing roadmap. Coinbase’s listing roadmap was created in 2022 as a means of increasing transparency and stifling …
Continue reading “Two Low-Cap Altcoins Leap After Being Added to Coinbase’s Listing Roadmap”
