Sat, January 25

UK’s NCA Uncovers Billion Dollar Money Laundering of Crypto and Cash

As per the latest report published by the NCA, multi-billion dollar money laundering networks were uncovered and 84 individuals were arrested as part of their operation. As per the blockchain analysis firm Chainalysis report, the NCA seized over 20 million Euros in cash and cryptocurrency as a result of its

December 5, 2024 2 mins read

ASIC Proposes Strict Licensing Rules for Crypto Firms in Australia

According to the proposed guidelines put forth by the Australian corporate regulator, crypto exchanges and businesses dealing with digital assets would no longer be able to escape expensive licensing. In a consultation document on new crypto guidelines issued on December 4th, the Australian Securities and Investment Commission (ASIC) classified several

December 4, 2024 1 min read

Pump.fun Transfers 200K SOL to Kraken Amid Record Revenue

Pump.fun’s Fee Account transferred 100,000 SOL tokens, valued at approximately $23.66 million, to Kraken Deposit at 18:59 (UTC+8). This is the second significant transfer by the account in one day, bringing the total SOL transferred to Kraken within the past 24 hours to 200,000 SOL, worth around $47.17 million. This

December 4, 2024 1 min read

Bitcoin Jesus Roger Ver Fights US Tax Evasion Indictment

Roger Ver, known as “Bitcoin Jesus,” is challenging a U.S. tax evasion indictment. The U.S. Attorney for the Central District of California has accused Ver of dodging over $48 million in taxes. The charges stem from his 2017 sale of $240 million worth of Bitcoin. In response, Ver’s legal team

December 4, 2024 2 mins read

Saxo Predicts Crypto Market Could Quadruple to $10T in 2025

Saxo investment firm released a predictions report, estimating the crypto market could quadruple in 2025, reaching a $10 trillion market cap amidst bullish market sentiment. Head of DWF Labs Andrei Grachev posted on X, highlighting the Saxo crypto prediction today. Based on the post, the crypto market could make a

December 4, 2024 3 mins read

Controversial Martial Law in South Korea Reversed by President Yoon

South Korean President Yoon Suk Yeol declared martial law late on December 3, evoking widespread political disruption and intense backlash from lawmakers. This aimed to counter the alleged threats from anti-state elements and perceived opposition ties to North Korea.  However, the move was short-lived as Yoon reversed his decision early

December 4, 2024 2 mins read

US Government Moves FTX Seized Funds Post Bitcoin Transfers

The crypto market is ablaze with activity as several altcoins stage bull runs. In an additional spur, discussions on who would succeed Gary Gensler as SEC Chair have spiked quite the interest. Prominent journalists such as Eleanor Terret speculate that Paul Atkins will be the next SEC Chair. Meanwhile, the

December 4, 2024 2 mins read

Grayscale Files for Solana Spot ETF Listing on NYSE Amid Crypto Optimism

Grayscale Investments has officially filed with the U.S. Securities and Exchange Commission (SEC) to convert its Grayscale Solana Trust (GSOL) into a spot exchange-traded fund (ETF) listed on NYSE Arca. Grayscale’s filing comes amid growing demand for cryptocurrency-based ETFs, a trend that gained momentum in early 2024 with the SEC’s

December 4, 2024 2 mins read

German Fintech 21X Secures EU License for Blockchain-Based Trading Platform

21X, a German fintech firm, has secured regulatory approval from BaFin, Germany’s financial supervisory authority, to operate a blockchain-based tokenization platform. This approval marks the first time an entity has been granted a license for a fully regulated trading and settlement system under the EU’s DLT Pilot Regime (DLTR).  Also,

December 3, 2024 2 mins read

Vitalik Buterin Shares Vision for the Ideal Crypto Wallet

In a recent blog post titled What I Would Love to See in a Wallet, Ethereum co-founder Vitalik Buterin shared his vision for the future of cryptocurrency wallets, focusing on privacy, security, and usability improvements. The blog, published hours ago, offers a deep dive into the key elements Buterin hopes

December 3, 2024 2 mins read
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