Coinbase UK fined $4.5 million for ‘high-risk’ customer onboarding

Our weekly roundup of news from East Asia curates the industry’s most important developments. HashKey Hong Kong to commence retail trading  Crypto exchange HashKey, the first licensed virtual asset provider in Hong Kong, will open its doors to residents for retail trading on August 28.  According to local news reports, investors will only be allowed…

The cryptocurrency payment industry continues to evolve with a new cryptocurrency payment option coming to crypto-friendly Telegram messenger.Wallet, a Telegram bot allowing users to buy and sell cryptocurrencies like Bitcoin (BTC), has launched a crypto payment solution based on The Open Network (TON) blockchain.Called Wallet Pay, the new service provides crypto payment transactions between users…

Twitter Help warns that other users may still be able to tell if they're a subscriber. 249 Total views 2 Total shares X users who subscribe to the “Blue” service now have the option to hide their check mark, according to a recently updated Twitter Help article. Owner Elon Musk had previously warned that he wasn’t…

Blockchain proponents claim that agricultural asset-backed tokens would make it easier for farmers in Argentina to attract investment and access liquidity amid a nationwide economic crisis. 1511 Total views 8 Total shares Argentina's brittle economy — stricken by endemic problems that have only worsened amid the COVID-19 pandemic — has sparked rising unrest in the country's…

Crypto communities and the United States Internal Revenue Service haven’t exactly had a love fest over the last five years. It started in 2014, when the IRS said crypto was property, and it hasn’t got much better since. In addition to sending those 10,000 “beware” letters and trying to get crypto exchanges to turn over…

In 2023, Yi 34B, Falcon 180B and Mixtral 8x7B emerged as some of the top open-source AI that showcased comparable performance to market leaders. 207 Total views 13 Total shares While generative artificial intelligence (AI) models backed by centralized cloud infrastructure — such as ChatGPT — currently lead on overall performance, new research shows that

The German Federal Financial Supervisory Authority (BaFin) approved an Ethereum-based real estate bond of security issuance firm Fundament Group. The company announced the news in a press release shared with Cointelegraph on July 23. Regulated real estate bonds on the Ethereum blockchainThe given bond backed by a portfolio of properties in major German cities with an…

Welcome to the latest edition of Cointelegraph’s decentralized finance (DeFi) newsletter.Ethereum Name Service announced a retroactive token airdrop this week to a fanfare of crypto enthusiasts. If you happen to own a .eth domain, read on to discover how you can claim your eligible tokens.What you’re about to read is the smaller version of this…

Bitcoin appears in no mood to celebrate despite Japanese stocks fully recovering from a historic drop.