Wed, November 4

Fake Curve Finance App Threatens Users on Apple Store

Curve Finance is a well-known decentralized exchange (DEX) for stablecoins, earning significant trust within the crypto community. A deceptive app mimicking Curve Finance has made its way onto the Apple App Store, quickly climbing into the top 100 finance apps.  Despite clear user warnings, this imitation app, “Curve defi v3,”

October 26, 2024 2 mins read

Emory University Invests Over $15M in Grayscale Bitcoin Mini ETF

Emory University recently reported a notable $15 million investment in the Grayscale Bitcoin Mini ETF, marking it as the first American university to publicly disclose Bitcoin holdings. According to filings with the U.S. Securities and Exchange Commission (SEC) dated October 25, Emory held 2,678,906 shares in the ETF, valued at

October 26, 2024 2 mins read

US DOJ Reportedly Investigating Tether for Alleged Violations

Allegedly, the USDT stablecoin issuer is the subject of an investigation by the US Department of Justice (DOJ) investigating possible breaches of anti-money laundering regulations. This is happening shortly after Tether CEO Paolo Ardoino demanded consistent crypto rules across the nation. A US government investigation into Tether into potential sanctions

October 26, 2024 2 mins read

Binance Thailand CEO Highlights Shift to Institutional Crypto Focus

Thailand’s crypto landscape is seeing a significant transformation, moving from a retail-driven market to one focused on institutional investment, according to Binance Thailand CEO Nirun Fuwattananukul. In a recent opinion piece for the Bangkok Post, Fuwattananukul praised the latest regulatory proposal by Thailand’s Securities and Exchange Commission (SEC) as a “vital

October 25, 2024 2 mins read

Italy Raises Crypto Tax to 42% in 2025 Budget Law

Italy has officially introduced a major tax hike on cryptocurrency gains, raising concerns among investors. As part of the country’s 2025 Budget Law, capital gains on Bitcoin and other cryptocurrencies will be taxed at 42%, up from the current 26%. This significant increase, signed into law by President Sergio Mattarella,

October 24, 2024 1 min read

Base Prepares to Roll Out Fault Proofs For Decentralization

Ethereum Layer 2 (L2) scaling solution Base is launching fault proofs on its mainnet on October 30, 2024. This upgrade aims to decentralize by enabling permissionless validation and improving security for users on the network. Base stated:  Fault proofs are coming to Base Mainnet on October 30th, marking a key

October 24, 2024 2 mins read

What Drives October’s Spike in Crypto Liquidations?

The crypto market is in a state of flux, marked by significant liquidations and fluctuating investor sentiment. On October 23, 2024, total liquidations reached $261 million, predominantly affecting long positions as traders anticipated a continuation of Bitcoin’s bullish trend.  This liquidation surge ranks as the second-largest for October, following the

October 24, 2024 2 mins read

Norway’s Central Bank to Conclude CBDC Discussions by 2025

The central bank of Norway, Norges Bank, is on potential research to launch central bank digital currency (CBDC). The decision is to be finalized by 2025, as stated by Deputy Central Bank Governor, Pal Longva. The nation is in the pilot phase of CBDC exploration and Norway is among 134

October 23, 2024 1 min read

US Elections Fuel Optimism in Crypto Markets as BTC Nears $69K

With just two weeks until the US elections, market sentiments are shifting as former President Donald Trump extends his lead over Vice President Kamala Harris in betting markets. As key swing states begin to lean Republican, traders are increasingly pricing in a potential Trump presidency, which has historically been viewed

October 23, 2024 2 mins read

Nigeria Withdraws Case Against Binance’s Tigran Gambaryan

Nigeria has withdrawn money laundering charges against Tigran Gambaryan, an executive at Binance. This decision comes as Gambaryan seeks medical treatment abroad, according to the government’s lawyer. The announcement occurred during a court session at the Federal High Court in Abuja on October 23. Gambaryan, a U.S. citizen, has been

October 23, 2024 2 mins read