Chinese gov't mulls anti-money laundering law to 'monitor' new fintech
According to the Chinese government, 1,391 individuals have been prosecuted on money laundering-related charges in the first half of 2024.
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TON introduces gasless fees with new smart wallet
The W5 smart wallet will allow gasless transactions on the TON blockchain using USDT and Notcoin, enhancing user experience and accessibility.

OKEx founder reportedly under investigation as exchange suspends withdrawals
OKEx founder Star Xu was reportedly questioned by police a week ago. 1914 Total views 2 Total shares The founder of major global cryptocurrency exchange OKEx has been reportedly questioned by authorities previous to OKEx suspending cryptocurrency withdrawals.OKEx founder Mingxing Xu, also known as Star Xu, has reportedly been questioned by the police, Chinese news…

Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Hyperliquid JELLY ‘exploiter’ could be down $1M, says Arkham
The trader behind recent “suspicious market activity” on Hyperliquid that led to the freeze and delisting of the Jelly my Jelly (JELLY) memecoin is potentially down almost $1 million from their actions. Blockchain analytics firm Arkham Intelligence said in a March 26 post to X that the trader attempted to manipulate the system to profit

Hedera and Korea’s Shinhan Bank partner on KRW stablecoin pilot
A new proof-of-concept will be tested to send fiat-backed stablecoins between banks to reduce fees and transaction times on international payments. 839 Total views 14 Total shares South Korea’s Shinhan Bank and Hedera Hashgraph (HBAR) have completed a proof of concept that is designed to conduct international remittances using stablecoins on the Hedera Network.The new…

Celsius Lowers Loan Minimum and Introduces Gold on Gold Interest
The Celsius Network is lowering its minimum loan request to $1,000 and will introduce interest paid out in gold.Celsius founder and CEO Alex Mashinsky told Cointegraph that they had previously lowered the minimum to $1,500 from $3,000, and now they decided to lower it again to $1,000 to “let users borrow smaller amounts without having…

Crypto.com CEO announces 20% staff cut, ‘did not account’ for FTX collapse
"While we continue to perform well, growing to more than 70 million users worldwide and maintaining a strong balance sheet, we’ve had to navigate ongoing economic headwinds. " 335 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe co-founder and CEO of Crypto.com, Kris Marszalek, has announced a new…

Atomic Wallet says hack affected 1% of active users, but investors claim otherwise
In the aftermath of the attack, Atomic Wallet — along with individual blockchain investigators — have amped up efforts to track and revert stolen funds. 270 Total views 5 Total shares A hack that drained $35 million from Atomic Wallet users since June 2 impacted less than 1% of its monthly active users, according to…