Fri, January 10

Polter Finance Exploiter Moves 120 ETH to Tornado Cash

PeckShield reported that an address linked to the Polter Finance exploiter transferred 120 ETH to Tornado Cash, a privacy tool commonly used to obscure blockchain transactions. Polter Finance, a decentralized non-custodial lending and borrowing platform, recently suffered a devastating hack, resulting in approximately $8.7 million in crypto losses. The incident

November 19, 2024 2 mins read

Trump’s Media and Tech Firm Prepares to Buy Crypto Platform Bakkt

Bitcoin bulls appear to have docked at $91K in the past day before moving forward. Other cryptocurrencies have also shown minimal growth over the last 24 hours. Subsequently, the crypto spotlight was taken by the regulatory landscape with new speculation on the next SEC chair. Notably, on that front, pro-crypto

November 19, 2024 2 mins read

BIT Mining Fined $10 Million for Bribery Scheme in Japan

BIT Mining Ltd., formerly known as 500.com, has agreed to pay a $10 million penalty to resolve allegations of violating the Foreign Corrupt Practices Act (FCPA). The charges stem from a bribery scheme aimed at influencing Japanese government officials to secure a casino license between 2017 and 2019. Former CEO

November 19, 2024 2 mins read

Global Crypto Funds Hit Record $33.5B in 2024 Amid Recent Bitcoin Surge

A new record of $33.5 billion has been reached so far this year by global crypto funds managed by global asset managers. According to CoinShares, these funds have now had net inflows for six weeks running, with an additional $2.19 billion. The funds’ assets under management have reached a new

November 18, 2024 1 min read

South Korea’s Paju City Authorities to Seize Crypto Assets Over Unpaid Taxes

South Korean authorities in the city of Paju, in the province of Gyeonggi, have stated their intention to liquidate cryptocurrency assets owned by residents who have failed to pay their taxes. Officials in Paju reportedly notified 17 individuals on November 18. That they owed 124 million Korean won (about $88,600)

November 18, 2024 1 min read

Nepal FIU Urges Stricter Oversight Amid Rising Crypto Scams and AML Violations

The Financial Intelligence Unit (FIU) of Nepal has discovered that, despite a government prohibition on trading digital assets, cryptocurrencies are extensively used to plan cyber-related scams. Money laundering, terrorism funding, and other forms of financial crime are closely monitored and combated by the Financial Intelligence Unit (FIU). The FIU is

November 18, 2024 2 mins read

Binance Pool Unveils Merged Mining for Fractal Bitcoin

Binance has initiated a new function on its Binance Pool, which allows users to mine Fractal Bitcoin (FB) alongside Bitcoin (BTC) through merged mining. This feature came into effect on November 18, offering additional revenue for users mining BTC on the platform. However, Binance has clarified that the FB token

November 18, 2024 2 mins read

Quantoz Launches MiCA-Compliant Stablecoins USDQ and EURQ

Dutch fintech company Quantoz Payments has launched two MiCA-compliant stablecoins, USDQ and EURQ, with backing from Tether, Kraken, and Fabric Ventures. The tokens pegged to the U.S. dollar and euro, aim to provide a regulated and secure option for digital payments across Europe. These stablecoins will debut on November 18

November 18, 2024 2 mins read

BlackRock Secures Commercial License in Abu Dhabi, Eyes AI Expansion

A business license to do business in Abu Dhabi, the capital of the UAE, has been granted to BlackRock, a global financial corporation that also issues spot Bitcoin exchange-traded funds (ETFs). The clearance, which was issued on November 18th, demonstrates BlackRock’s desire in expanding into the crypto-friendly region, according to

November 18, 2024 2 mins read

HBAR Soars 43% Amid SEC Chair Speculation Around Brian Brooks

Hedera ($HBAR) has seen a remarkable price surge, climbing by 43% in one day. Its current price stands at $0.1191, with a 37.84% increase in market capitalization, now at $4.49 billion. The trading volume surged by 29.33% to $1.21 billion, showing strong investor activity. The market cap ratio of 26.05%

November 18, 2024 2 mins read
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