Bitfarms forced to stop ‘poison pill’ strat amid Riot takeover attempt
The Ontario Capital Markets Tribunal terminated Bitfarm’s attempt to “poison pill” Riot Farm’s takeover attempt of their firm.
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Binance Integrates Coinfirm’s AML Platform to Comply With FATF Rules
Major cryptocurrency exchange Binance has partnered with crypto analytics startup Coinfirm to improve its anti-money laundering (AML) compliance.New platform for FATF complianceThe integration of Coinfirm’s blockchain-agnostic AML Platform will purportedly streamline Binance’s compliance with the AML rules issued by the Financial Action Task Force (FATF), according to a press release published on Oct. 3.The new…
More than $1B in Bitcoin has been tokenized for DeFi
Almost 100,000 Bitcoin are now tokenized on Ethereum, more than half of which migrated over the past 30 days More than $1 billion worth of Bitcoin (BTC) has now been tokenized to access decentralized finance (DeFi) protocols on the Ethereum (ETH) network. That’s equivalent to the entire total value locked (TVL) in DeFi less than…
Thailand to pilot cryptocurrency payments in Phuket
Thailand is set to launch a pilot program in Phuket in 2025, enabling tourists to use Bitcoin for transactions and streamlining digital payments.
Curve founder repays 93% of $10M bad debt stemming from liquidation
The DeFi protocol's native token plunged by 28% in a single day due to liquidations stemming from a hack attempt.
SEC reportedly launches investigation into insider trading on exchanges
The commission could be performing routine check-ups on the exchange in question, or it could be looking for specific compliance violations to litigate against. 252 Total views 2 Total shares The Securities and Exchange Commission (SEC) has reportedly launched a probe to discover how crypto exchanges are working to prevent insider trading.FOX Business reported on…
Sam Bankman-Fried’s legal team turns over docs related to NYT story, requests they be sealed
Lawyers claimed there was a “need to avoid” the public dissemination of documents Sam Bankman-Fried had shown a New York Times reporter that led to a story on Caroline Ellison. 223 Total views 3 Total shares Lawyers representing former FTX CEO Sam Bankman-Fried, also known as ‘“SBF,” have requested the court seal documents related to…
US lawmakers target perceived risks of crypto adoption in El Salvador with reintroduced bill
The legislation appeared to be another attempt at the Accountability for Cryptocurrency in El Salvador Act, originally introduced after the country's Bitcoin Law was enacted. 355 Total views 22 Total shares Two United States Senators from opposite sides of the political aisle have reintroduced legislation from 2022 aimed at mitigating perceived risks posed by El…
Ethereum eyes rally against Bitcoin, with ETH price showing hidden bullish divergence
Ethereum’s native token, Ether (ETH), has been declining against its top crypto rival, Bitcoin (BTC), since Sept. 3.Ether dropped in value against Bitcoin by almost 25% after topping out in September at 0.07955 BTC. As the top altcoin declined, it left behind a trail of lower highs and lower lows, thus forming an ascending channel.Later,…