Australia to crack down on crypto ATM providers, citing money laundering risk

The recent JPEX and Hounax exchange scandals have resulted in losses exceeding $100 million. 354 Total views 3 Total shares A one-year grace period for cryptocurrency exchanges operating in Hong Kong will remain in place despite recent scandals.According to local news reports on Nov. 27, Julia Leung, CEO of Hong Kong’s Securities and Futures Commission

The funds will be used to develop decentralized infrastructure that enables institutional investors to allocate assets on-chain. 123 Total views 5 Total shares Own this piece of history Collect this article as an NFTBerlin-based M^ZERO Labs, a company that seeks to build neutral infrastructure linking assets in the global financial system with decentralized applications, has…

Binance is set to list OG, ATM and ASR in its Innovation Zone and open trading against major cryptocurrencies like BTC and USDT. 2150 Total views 10 Total shares Binance, the world’s largest cryptocurrency exchange by trading volume, is listing another batch of fan tokens by a major sports-focused token platform, Chiliz.According to a Dec.…

The pioneering DAO allegedly offered “risk-free” products that cost American retail investors tens of millions of dollars in losses. 122 Total views 1 Total shares A group of investors has filed a class-action suit against the Bancor decentralized autonomous organization (DAO); its operator, BProtocol Foundation; and its founders in the United States District Court for…

A New York power plant turns to Bitcoin mining in a successful bid to increase profitability.Bloomberg reported on Mar. 5 that a power plant in New York’s Finger Lakes region now mines about $50,000 of Bitcoin (BTC) each day using the electricity it produces.Atlas Holding, the private equity company that owns the facility, installed 7,000…

Major cryptocurrency exchange Binance acquired decentralized app (DApp) information startup DappReview, according to a press release on Dec. 2.Per the release, DappReview’s platform provides its visitors with data analytics, user insights and information for over 3,900 DApps on 13 public blockchains.DappReview founder Vincent Niu explained that the company also provides support for DApp developers in…

Galaxy Digital is set to manage the sale of bankrupt FTX’s crypto holdings and facilitate the staking of certain tokens to generate passive yield. 137 Total views 2 Total shares Mike Novogratz’s digital asset management firm Galaxy Digital looks set to manage the remaining cryptocurrency holdings of bankrupt cryptocurrency exchange FTX.On Aug. 24, the company filed a…

Two of the founders of crypto options platform Opyn are stepping down from leadership roles to pursue other aims, but Opyn will continue under new leadership. 106 Total views 2 Total shares Zubin Koticha and Alexis Gauba, two founders of the Opyn decentralized finance (DeFi) protocol, are stepping down from the project and “leaving crypto,”

Distributed ledger technology, colloquially termed “blockchain,” is making a bold promise to help bring the trade industry into the digital age. To help shed light on the intricate workings of the technology and the role that it is playing in the international trade industry, Trade Finance Global partnered up with the World Trade Organization earlier…