Wed, November 13

UNODC Calls for Crackdown on Unlicensed VASPs in Southeast Asia

The United Nations Office on Drugs and Crime (UNODC) has urged Southeast Asian countries to take strong measures against unlicensed virtual asset service providers (VASPs) in a new report.  According to a 142-page page released on October 8,  the involvement of some VASPs in facilitating illegal transactions for cybercrime groups

October 8, 2024 2 mins read

US Authorities File Complaint Eyeing to Recoup Crypto from Lazarus Group

The United States government initiated the seizure of nearly $2.67 million worth of digital assets taken by the North Korean Lazarus Group of hackers on October 4th via the filing of two formal complaints. Legal documents indicate that the United States government is attempting to recoup around $1.7 million in

October 7, 2024 1 min read

Worldcoin Pivots to Asia as Europe Falls Out of Favor

The crypto biometrics project, Worldcoin, co-founded by OpenAI’s CEO, Sam Altman is shifting its focus away from Europe. The managing director of its Europe entity, Fabian Bodensteiner stated that countries in the Asia-Pacific (APAC) region, such as Japan and Malaysia, as well as the Latin American jurisdictions such as Argentina,

October 7, 2024 2 mins read

Global Crypto Investment Products Experience $147M Outflow

Global investment products focused on crypto, managed by firms such as BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares, have witnessed a significant reversal after a remarkable three-week net inflow period, with $147 million exiting these funds last week. This development marks a sharp decline from nearly $2 billion in inflows

October 7, 2024 1 min read

Can Dogwifhat (WIF) Hit All-Time High Before October Ends?

At the start of this week, the crypto market has regained momentum, with the total market cap rising above $2.3 trillion. Bitcoin climbed back over the $63K zone, reaching as high as $63,987, with meme coins showing a significant rally. Dogwifhat (WIF) has been on a remarkable upward trend. In

October 7, 2024 2 mins read

Could Trump Lead in the Election Polls Signal a Shift for Crypto?

Donald Trump has taken a slight 3% lead in the U.S. presidential polls ahead of the November 2024 election, with his pro-crypto stance drawing significant attention from both traditional and digital markets. His recent endorsement of Bitcoin, alongside calls for a strategic U.S. Bitcoin reserve, has positioned him as a

October 7, 2024 2 mins read

Tether Celebrates 10th Anniversary with Documentary on USDT Stablecoin

On its 10th anniversary, stablecoin issuer Tether announced that a documentary on USDT and its role in combating inflation would be released. Interviews with Tether users who have used the stablecoin to fight inflation were included in the trailer. High inflation rates were shown in the trailer via conversations with

October 6, 2024 2 mins read

Investors Brace for US CPI Data Amid Inflation and Job Report Concerns

The cryptocurrency market is holding its breath until later this week when the US Consumer Price Index (CPI) data is revealed. After the dismal US job statistics dampened market confidence, investors would be watching the data attentively since it is essential to understanding the inflationary pressure in the economy. The

October 6, 2024 2 mins read

Nearly Half of US Voters Prioritize Pro-Crypto Candidates as per Poll

Nearly half of American voters (49%) say a candidate’s pro-cryptostance is significant when picking them, according to a recent poll by ConsenSys and HarrisX. Furthermore, 62% are prepared to vote against their party’s candidate in order to support a candidate that is pro-cryptocurrency. The survey also revealed that a whopping

October 5, 2024 2 mins read

Vitalik Buterin Advocates for SuperchainERC20 Protocol Update

Ethereum co-founder Vitalik Buterin has recently backed a significant update to the SuperchainERC20 protocol, detailed in a GitHub pull request by Optimism. This redesign introduces a new cross-chain interface, aimed at fostering collaboration among Ethereum infrastructure entities and solidifying a more unified ecosystem. The update seeks to revamp the SuperchainERC20

October 5, 2024 2 mins read