Others News

South Korea’s Financial Supervisory Service (FSS) is set to crack down on virtual asset exchanges, focusing on uncovering illegal or suspicious activities.

John Deaton, a prominent advocate for cryptocurrency, has clinched the Republican nomination for the U.S. Senate seat from Massachusetts and is set to compete against incumbent Democratic Senator Elizabeth Warren in the general election this November.

The U.S. Commodity Futures Trading Commission (CFTC) has managed to recover $18 million in cryptocurrency connected to a fraudulent commodity pool scheme.

Former Mt. Gox CEO Mark Karpeles plans to launch a new cryptocurrency exchange EllipX later this month, focusing on transparency and user-friendliness.

The Bill & Melinda Gates Foundation (BMGF) has been a major player in global philanthropy, distributing over $77 billion in grants since its establishment.

In a notable development in the cryptocurrency sector, Conflux Network has unveiled a new collaboration with Alibaba Cloud.

At Korea Blockchain Week in Seoul, Ripple CEO Brad Garlinghouse shared that the company is nearing the launch of its new stablecoin, Ripple USD (RLUSD), which will be pegged to the U.S. dollar.

The U.S. Securities and Exchange Commission (SEC) has reached a settlement with Galois Capital Management, a cryptocurrency-focused investment advisory firm based in Florida.

For several weeks, Donald Trump and his sons have hinted at an upcoming cryptocurrency initiative, although they have yet to share many details publicly.

Over two years have elapsed since the dramatic collapse of Terra-UST, which significantly impacted the Bitcoin and broader cryptocurrency markets.

Justin Sun, the founder of Tron, has revealed a major change for the SunPump meme token.

Jeremy Allaire, CEO of Circle, envisions digital currencies triggering a profound change in money velocity similar to the internet’s impact on information and software.

TON Accelerator has unveiled a new initiative, aimed at fostering the development of early-stage startups utilizing the TON blockchain.

TD Bank is setting aside an additional $2.6 billion as it braces for a significant penalty from regulators.

The recent drop in crypto whale activity, especially in Bitcoin and Ethereum, has sparked discussion in the community.

Ripple has announced plans to enhance the programmability of the XRP Ledger by introducing smart contracts next year.

Elon Musk’s recent announcement caused considerable hype by highlighting his continued support for Dogecoin and his vision for integrating digital assets into everyday commerce

Circle CEO Jeremy Allaire believes the crypto industry has not yet seen its most significant developments.

JPMorgan’s latest comments have raised alarm among traders and investors, as the firm downplays the chances of a bull market despite widespread expectations for Federal Reserve rate cuts.

In August 2024, sales of non-fungible tokens (NFTs) fell to $374 million, marking the lowest monthly total of the year and the first time sales have dipped below $400 million in 2024.

Centralized crypto exchanges (CEXs) witnessed a notable 13.7% rise in legitimate spot trading volume in August, reaching $877.5 billion.

OKX has recently secured a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS), allowing it to expand its operations in the region.

Metaplanet Inc., now recognized as Japan’s equivalent to MicroStrategy, has forged a key partnership with SBI Group, known for its involvement with Ripple Labs in the cryptocurrency sector.

A recent submission by the SEC cautions FTX that the agency may oppose any efforts to repay creditors using stablecoins or other digital currencies.

The Solana-based platform Pump.fun has achieved $100 million in revenue just eight months after its launch, marking a notable success in the memecoin space.

An increasing number of US banks are being accused of deceptive practices aimed at generating substantial profits at the expense of their customers.

A new survey reveals that the majority of cryptocurrency holders in the US prefer Donald Trump over Kamala Harris for the 2024 presidential election, despite Trump trailing in overall national polls.

Charles Hoskinson, known for founding the Cardano blockchain, is embarking on a new project to launch a decentralized social media platform in Brazil.

Ethereum co-founder Vitalik Buterin has responded to growing concerns about the security of Layer 2 (L2) networks after claims surfaced that these networks could potentially allow fund theft.

The ongoing legal case between Binance and the U.S. Securities and Exchange Commission (SEC) is seeing notable developments, particularly concerning Binance’s co-founder, Changpeng Zhao (CZ).

In a recent interview on the Unchained Podcast YouTube channel, economist Alex Krüger discussed how the upcoming US presidential election could impact the cryptocurrency market.

Coinbase CEO Brian Armstrong announced a groundbreaking achievement in merging artificial intelligence with cryptocurrency.

Rhodium Enterprises, a Bitcoin (BTC) mining company that recently filed for bankruptcy, has received court approval to secure a loan in US dollars or Bitcoin.

Ripple Labs Inc. is making significant progress in Asia, highlighted by its participation in the WebX 2024 conference in Tokyo, Japan.

Max Keiser, a financial journalist and Bitcoin advisor to El Salvador’s President Nayib Bukele, has voiced his concerns about the escalating U.S. national debt on social media platform X.

Pavel Durov, the Russian billionaire behind Telegram, is embroiled in controversy after being arrested in France over allegations that he failed to manage criminal content on the messaging platform.

Elon Musk has raised alarms about the direction of the U.S. economy, predicting that unchecked government spending could lead to bankruptcy.

The U.S. Securities and Exchange Commission (SEC) has advocated for more timely retail investor access to fund portfolio data, highlighting that current delays could disadvantage the 70 million American households that rely on this information.

Vetle Lunde, senior analyst at K33 Research, expressed concern about the authenticity of liquidation data reported by major crypto exchanges such as Binance, Bybit and OKX.

Bloomberg will add Polymarket’s election odds to its Terminal service, according to an August 29 update from Michael McDonough, Bloomberg’s chief economist.

Nvidia and Apple are rumored to be interested in joining OpenAI’s next funding round, which could potentially raise the company’s valuation to over $100 billion.

Crypto.com, a major cryptocurrency platform with over 100 million users, has unveiled a partnership with PayPal.

Hong Kong is advancing the integration of tokenisation into traditional finance with the introduction of a new initiative for the Ensemble project – the Central Bank Wholesale Digital Currency (CBDC).

On August 28, Eric and Donald Trump Jr, sons of US presidential candidate Donald Trump, officially launched their long-awaited crypto project World Liberty.

Famous investor and author Robert Kiyosaki, known for his bestseller “Rich Dad, Poor Dad”, has issued another warning about an impending economic crisis that he believes will affect the US and the world.

On August 27, 2024, former U.S. President Donald Trump released the fourth series of his NFT trading cards, titled “Series 4: The America First Collection.”

Crypto.com, a Singapore-based cryptocurrency exchange, has introduced new global retail services in collaboration with Standard Chartered, offering users the ability to transact in US dollars, euros and United Arab Emirates dirhams.

A country considered to have one of the largest Telegram user bases in the world is considering banning the messaging platform over concerns of inadequate moderation of illegal content.

Telegram CEO Pavel Durov is facing legal issues across Europe, sparking concern in the cryptocurrency sector.

This week’s escalation in the Israel-Palestinian conflict has brought scrutiny to Binance, with claims suggesting the exchange blocked all Palestinian accounts at the request of the Israeli Defense Forces (IDF).

OpenAI is seeking a major capital infusion that could push its valuation beyond $100 billion, according to recent reports.

Coinbase, the largest cryptocurrency exchange in the U.S., is continuing its aggressive investment strategy, recently backing 40 new projects.

The Q2 research report by OKX and The Economist reveals that digital assets are rapidly attracting interest from institutional investors, with their market value projected to surpass $10 trillion by 2030.

The NFT marketplace OpenSea has been issued a Wells notice by the U.S. Securities and Exchange Commission (SEC), signaling potential legal action regarding the classification of NFTs as securities.

NVIDIA has announced impressive financial results for the second quarter ending July 28, 2024. The company’s revenue reached $30 billion, marking a significant 15% increase from the previous quarter and an outstanding 122% rise compared to the same period last year. This is also 3.8% higher than expectations.

Telegram CEO Pavel Durov was indicted and placed under judicial supervision by a Paris court on August 28, following his recent arrest on many different charges.

Arthur Hayes, CEO of BitMEX, has voiced concerns about the Federal Reserve’s potential interest rate cuts, highlighting a disconnect between political motivations and sound economic policy.

Billy Markus, co-creator of Dogecoin and known on X (formerly Twitter) as Shibetoshi Nakamoto, often engages with social issues and crypto commentary through humor and memes.

Telegram founder Pavel Durov was released from police custody in France on Wednesday and transferred to court for questioning in a case that prosecutors say could lead to criminal charges.

Binance, the world’s largest cryptocurrency exchange, is under scrutiny following allegations that it confiscated Palestinian crypto funds at the request of the Israeli Defense Forces (IDF).