Binance under scrutiny for seizing Palestinian crypto funds

Apple has no intention to follow Facebook in creating its own digital currency, the company’s CEO Tim Cook has said.Cook “not comfortable” about firms creating moneySpeaking in an interview with French media magazine Les Echos on Oct. 4, Tim Cook poured cold water on the idea that Apple could release its own currency tokens.“No,” he…

During 2017’s bull market, most crypto services lacked the proper Know Your Customer and Anti-Money Laundering measures. Even in 2020, 56% of the analyzed 800 cryptocurrency exchanges and over-the-counter trading desks followed weak KYC practices, according to a CipherTrace report. However, the current digital asset rally has turned the crypto market upside down.As a result,…

The NYT goes NFT as tokenized article auctions for over $500,000 2931 Total views 10 Total shares "It's worth a try," wrote New York Times columnist Kevin Roose of his attempt to auction one of his articles as a non-fungible token (NFT). Just a day later, however, it appears to be worth much more than that.…

Investment bank strategists say that BTC could climb as high as $73,000 if markets remain frothy. 1728 Total views 21 Total shares American multinational investment bank JPMorgan has put a price on Bitcoin and it is a lot less than the asset currently trades for.In a report to investors as part of the bank’s inaugural…

The monthly candle of Bitcoin (BTC) for October has closed above $13,000 for the first time since December 2017. It comes after both daily and weekly candles all closed above the crucial resistance level.Traders often use the monthly log chart to evaluate the long-term and macro trend of an asset. On a monthly chart, each…

According to the U.S. lawmakers, the infrastructure law contains an “overly-broad interpretation” of what a broker is and places the reporting burden on individuals who may not have the necessary information to comply. 189 Total views 18 Total shares A bipartisan group of U.S. senators have called on Treasury Secretary Janet Yellen to clarify the…

Unbound Capital aims to become the first decentralized cross-chain stablecoin. The private investment round had participation from at least 14 venture funds and over a dozen angel investors from across the blockchain industry. 3323 Total views 7 Total shares Cryptocurrency asset managers Pantera Capital and Arrington XRP Capital have co-led a $5.8 million private investment…

Decentralized finance (DeFi) is often characterized as a movement that could unseat traditional banks once and for all — eliminating intermediaries and giving consumers levels of freedom and choice that they’re probably unaccustomed to.But there’s an alternative narrative, one that doesn’t pit DeFi against the banks. What if these innovative protocols could help provide desperately…