Binance co-founder Yi He denied rumors of a sale, calling them baseless and fueled by competitors. CZ also dismissed the claims, stating Binance is not for sale.
The Office of the Pardon Attorney has a backlog of roughly 10,000 petitions. Unless a convict has political connections, the chances of clemency are slim.
AUSTRAC has revealed that it took action on 13 remittance and crypto providers and is reviewing over 50 providers.
Binance co-founder Yi He said the company is frequently approached about potentially taking on new investors
Bundesbank President Joachim Nagel highlights the digital euro's role in safeguarding financial sovereignty and reducing reliance on foreign-controlled payment systems in global finance. The post Germany's Central Bank President Advocates for Digital Euro to Bolster Financial Independence appeared first on Cryptonews.
Australian police dismantle an organized crime syndicate involved in burglaries targeting crypto ATMs and Pokémon collector cards. The post Pokémon Criminal Syndicate Stealing Crypto ATMs Gets Knocked Down appeared first on Cryptonews.
In 2024, Russia and Iran increasingly turned to cryptocurrency to bypass Western sanctions, leveraging decentralized finance, no-KYC exchanges, and digital assets for financial operations. The post Russia, Iran Use Crypto to Bypass Western Sanctions – Chainalysis Report appeared first on Cryptonews.
AUSTRAC has taken action against 13 crypto firms, with more than 50 others under scrutiny. Currently, 417 digital currency exchanges and 5,112 remittance providers are registered.
SCBHK, Animoca Brands, and HKT form a JV to issue an HKD-backed stablecoin. HKT integrates mobile wallet technology to improve domestic and cross-border payments.
Renowned Internet entrepreneur Vinny Lingham has taken to his account on the social media platform X (widely famous as Twitter in the past) to make a comment on the recent scandal with the meme coin LIBRA endorsed by Argentina's president.
Cryptocurrency funds recorded their first major outflow of $415 million last week. This has ended a 19-week streak of inflows that had accumulated $29.4 billion since the U.S. election.
Candidates for advisory roles in crypto firms must have a three-year degree and at least one year of supervised industry experience, alongside mandatory annual professional training.
With Bitcoin (BTC) struggling below $100,000, here are the key events this week that could spark renewed market action. FTX Payout FTX, the now defunct and the world's third-largest digital assets exchange, is starting its first round of creditor payouts after its collapse in late 2022.
Former Binance CEO Changpeng Zhao has clarified that he does not buy any new cryptocurrencies.
FTX begins payouts this week, with analysts predicting the move could drive a market rebound.
Scammers have launched a fraudulent cryptocurrency by impersonating Saudi Arabia's Crown Prince Mohammed bin Salman. The post Scammers Impersonate Saudi Crown Prince to Launch Fake Crypto Amid Meme Coin Hype appeared first on Cryptonews.
Standard Chartered, Animoca Brands, and HKT have formed a joint venture to issue a Hong Kong dollar-backed stablecoin, aiming to enhance digital transactions and improve payment efficiency in the region. The post Standard Chartered, Animoca Brands & HKT Partner to Launch HKD Stablecoin appeared first on Cryptonews.
A high-profile CEO in the crypto space reportedly says that an American bank suddenly decided to shut the company out from banking services, supporting previous rumors of “de-banking” in the digital asset industry.
TL;DR After 19 consecutive weeks of capital inflows into digital asset products, the industry experienced a significant outflow of $415 million. The primary cause of these outflows was a more hawkish stance from the U.S. Federal Reserve and inflation data that exceeded expectations. Despite outflows in the U.S.
The executive director of the Wyoming Stable Token Commission, Anthony Apollo, said a “real-time, traceable ecosystem is exponentially better” than the current system.
A new hypothesis that connects Jack Dorsey to the pseudonymous creator of Bitcoin has caused a stir in the cryptocurrency community.
There is a need for a psychological shift in crypto design to achieve true democratization.
Formula 1 welcomes a new player from the world of cryptocurrencies: Coinbase has become the official partner of the Aston Martin team.
Crypto outflows totaled $415 million last week, marking a sharp reversal from a streak of net positive flows since the beginning of the year.
TL;DR Standard Chartered, Animoca Brands, and HKT have teamed up to launch a Hong Kong dollar-backed stablecoin. The new stablecoin aims to streamline both domestic and international payments, leveraging the banking infrastructure and mobile payment expertise of the partners.
Bybit has introduced a Physical Card for international users, according to a press release shared with crypto.news. This new Bybit card allows users to make payments anywhere Mastercard is accepted, bridging the gap between digital assets and real-world transactions.
A phishing attack is targeting FTX creditors just days before the bankrupt exchange begins its long-awaited payout process. On Feb. 16, FTX creditor Sunil Kavuri sounded the alarm on X about a potential data leak, warning that scammers are now sending phishing emails to creditors.
On February 19, the globally leading cryptocurrency trading platform WEEX will appear at Consensus HK 2025 as a 2 Block Sponsor. At this globally recognized blockchain event, WEEX will join industry leaders, investors, and technology experts to explore the future of Web3 and crypto trading.
While meme coins and hype-driven assets may see momentary pumps, real value emerges from projects solving real-world problems. The next surge won't just be about Bitcoin and Ethereum; it will spotlight innovative projects.
Global banking giant Standard Chartered is teaming up with blockchain gaming and digital assets venture firm Animoca Brands on a significant blockchain-related venture. Per a press release, the collaboration also involves local telecom giant HKT and will see the three partners eye a new stablecoin pegged on the Hong Kong Dollar.
Scammers used a hacked Saudi Law Conference account to launch a fake KSA token, misleading investors into believing it was legitimate.
TL;DR Argentina's President Javier Milei is embroiled in a crypto scandal after endorsing $LIBRA, which rapidly surged in value before plummeting, causing investor losses. Argentine lawyers have filed fraud charges against Milei, accusing him of participating in a “rug pull,” leading to calls for his impeachment.
Binance's latest move comes as the exchange continues expanding its trading services despite the intensity of regulatory scrutiny on it, particularly in the US.
Binance co-founder and chief customer service officer Yi He also said Binance isn't for sale and implied it's open to buying out its rivals.
Experts project the largest surge since 2021, so the cryptocurrency market is about to undergo a significant breakthrough. Four particularly noteworthy altcoins are under great scrutiny by investors: Jupiter (JUP), Rexas Finance (RXS), Polygon (POL), and Optimism (OP).
The investment enables participation in Kinto's mining program, which rewards asset deposits on the chain with token emission.
The Hong Kong Standard Chartered Bank Limited (SCBHK), Animoca Brands, and HKT have agreed to form a joint venture (JV). This is so that they can apply for a license from the Hong Kong Monetary Authority (HKMA) under the new regulatory regime(1) to create a stablecoin backed by the Hong Kong dollar.
Meme coin craze allows insiders and infrastructure players to earn over $3.6 billion. Are there risks for the crypto industry?
The event will showcase how brands, creators and entrepreneurs are leveraging Web3 technology to revolutionize culture and art.
In a recent incident, Hackers took over the Saudi Law Conference's X account, impersonating Crown Prince Mohammed bin Salman to promote fake cryptocurrencies. Notably, the scammers used the crown prince's name and image to promote an “Official Saudi Arabia Memecoin” and “FALCON Memecoin,” sharing contract addresses for the tokens. https://twitter.
Bitcoin's lackluster price action may receive a jolt from this week's macroeconomic calendar.
The official X (formerly Twitter) account of the Saudi Law Conference was compromised in a coordinated cyberattack on Monday.
Hong Kong is taking a big step toward launching its stablecoin, and some major companies are leading the way. Standard Chartered, Animoca Brands, and HKT have teamed up to apply for a license to issue a stablecoin backed by the Hong Kong dollar (HKD).
SCBHK, Animoca Brands, and HKT have already been testing the waters in HKMA's stablecoin sandbox since July 2024.
Crypto trader Jordan Fish said a social layer might not work as there's no way to “effectively socially shame the shameless.”
In a recent development, scammers launched a fraudulent meme coin impersonating Saudi Arabia's Crown Prince Mohammed bin Salman. Via a fake account “SaudiLawConf,” the illegal actors promoted the official Saudi Arabia Meme Coin.
Payments giant MasterCard is forecasting that central banks will shift away from retail CBDCs (central bank digital currencies) and focus more on offering digital assets to banks and financial institutions.
Slow, bureaucratic processes often hamper traditional charities' efficiency in addressing their causes. At the same time, budget mismanagement and manipulation have resulted from a lack of transparency in allocating donor funds.