Australia cracks down on online gambling with crypto, credit card ban
The government warned betting companies that failing to comply with the new rules could result in a fine of up to 234,750 Australian dollars ($155,000).
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Crypto donations fund fire relief efforts on Maui
The Giving Block matched more than $68,000 in crypto and fiat donations to raise more than $136,000 for a project aimed at assisting efforts following the fires in Maui. 78 Total views 2 Total shares Relief efforts are still underway on the Hawaiian island of Maui following a series of wildfires severely damaging major areas

Goldman Sachs reportedly started trading on JPMorgan’s repo blockchain
Goldman Sachs reportedly traded digitized treasury bonds for JPM Coin on JPMorgan Chase's Onyx blockchain platform. 382 Total views 1 Total shares After six months of eyeing JPMorgan Chase’s custom blockchain service for repo markets, Goldman Sachs has started trading on the platform. Mathew McDermott, global head of digital assets for Goldman Sachs’ global markets division,…

Ransomware Hacks Cost Victims $144M in BTC Over Last 6 Years, FBI Says
A recent presentation from the U.S. Federal Bureau of Investigation, or FBI, shows ransomware hackers have pilfered massive amounts of Bitcoin (BTC) since 2013.Between October 2013 and November 2019, victims paid roughly $144 million in BTC to ransomware hackers, FBI supervisor Joel DeCapua indicated at a Feb. 24 RSA conference.Ransomware takes controlDuring a ransomware breach,…

What is a bull trap, explained
A bull trap lures traders into thinking prices will keep rising, only to reverse and cause losses. Learn how to spot and avoid this common trading pitfall.

Can a liquidity marketplace advance the crypto industry?
Two-sided marketplaces are more than a smart business model. These platforms can democratize access and promote widespread economic inclusion in previously inaccessible markets. They have worked wonders in myriad verticals already — e.g., stock exchanges — and the world of digital asset liquidity may now be fertile ground for this business model.Successful new platforms bring…

PwC Hong Kong purchases land plot in The Sandbox
The specific plot of land and asset price are unknown at this time, though PwC Hong Kong has divulged early intentions to enter the space. 252 Total views 3 Total shares PwC Hong Kong, an international subsidiary of the global PricewaterhouseCoopers (PwC) organization, announced Thursday its emergence in the metaverse space with the acquisition of…

Top Crypto Exchange Huobi Pays Its Dues to Beijing by Setting up Communist Party Committee
The company behind major cryptocurrency exchange Huobi has created a Communist Party branch as part of its obligations to the Chinese state, the company’s U.S.-based subsidiary Huobi Info confirmed Nov. 16.Singapore-based Huobi, which was founded in China and has sought considerable international expansion this year, has appeared to opt for “closer ties” with the government.…

Cash, not crypto, still top funding choice for terrorists, Singapore reports
Singapore’s 2024 terrorism threat assessment reveals a continued reliance on cash transfers for funding by terrorist groups despite some increase in crypto usage.