Nearly a thousand cryptocurrency exchanges that were servicing Kazakh residents without the necessary authorization were blocked in 2023 by the country’s Financial Monitoring Agency (FMA). In 2023, the FMA blocked access to 980 illicit platforms, according to a news release issued on the government website on December 7. As for
From his role as CTO to that of chief executive officer (CEO) of Tether, Paolo Ardoino made the jump on December 1. At a time when the firm is placing a premium on diversity and development, his hiring was meticulously plotted out. Ardoino expects that Tether’s primary business will generate
On Friday, December 1, 2023, a federal judge reprimanded the SEC’s lawyers in a lawsuit involving a cryptocurrency company, dealing another legal blow to the U.S SEC. The court allegedly blasted the SEC for its management of the company’s capital, saying that the agency had fabricated “materially false” claims in
A test version of FAssets has been successfully deployed on Flare’s Coston testnet by renowned blockchain research and development firm Flare Labs. Enabling DeFi and smart contracts for older tokens has reached a major milestone with this. Non-smart contract tokens like BTC, XRP, and DOGE may be utilized securely with smart
With the goal of bringing blockchain-based games to the 800 million users of the messaging app Telegram, Web3 investment company Animoca Brands becomes the biggest validator on The Open Network (TON) blockchain. We’re pleased to announce that we have officially become the largest validator of @ton_blockchain. As projects look to
ARK Invest led by Cathie Wood is once again cashing in on its Coinbase shares as the stock price of the exchange increases. ARK’s transaction filing dated November 27th shows that the company sold 43,956 Coinbase shares from its ARK Fintech Innovation ETF. Based on statistics from MarketWatch, the transaction
Following data compiled by on-chain analytics company IntoTheBlock, the number of crypto addresses containing DOGE has now surpassed 5 million, marking a significant milestone. With a 1,000% increase in the last 10 days, the number of completed transactions on the network reached a new high, while the quantity of active
In the wake of Binance’s former CEO Changpeng Zhao’s (CZ) resignation and reports stating that terrorists choose Justin Sun’s Tron over Bitcoin for enabling terror funding, among other things, the TrueUSD (TUSD) stablecoin depegged and fell to a low of $0.995. The current price of TUSD, after an unsuccessful repeg
Cardano (ADA), Chainlink (LINK), Dogecoin (DOGE), and Stellar (XLM) have all been added to the list of upcoming assets that Coinbase International Exchange, a subsidiary of Coinbase Global Inc. aimed at non-US customers, will be offering as Perpetual Future Contracts. The exchange has announced that it would offer trading pairs
A crypto whale moved a significant quantity of Solana (SOL) to Binance exchange. Over $10M was the estimated worth of the transaction, which included 199,999 SOL. Concerned investors have been fueling rumors of a sell-off due to the recent whale transfer. Well-known crypto YouTuber Ben Armstrong predicts that Solana will
