CoinSwitch launches $70M recovery fund for WazirX hack victims

Crypto.com aims to offer derivatives and futures products to its U.S. customers with the acquisition of Nadex and the Small Exchange. 612 Total views 15 Total shares Global crypto exchange Crypto.com is looking to strengthen its foothold in the United States with the acquisition of IG Group's stakes in two exchange platforms.Crypto.com announced that it…

The FBI will notify victims of a $1.1 million fraud scheme through NFTs after the founder pleaded guilty to using the funds to fund his online gambling habit. 

South Korea’s largest telephone company, KT Corporation, plans to launch a blockchain-as-a-service (BaaS) platform next month, local news outlet iNews24 reported on Feb. 21.KT reportedly revealed the concept to interested business clients at a presentation this week. The firm says it wants to increase the accessibility of blockchain technology locally.The platform comes as KT continues…

On June 18, Brazil’s National Bank for Economic and Social Development (BNDES) announced the election of Finance Director José Flavio Ferreira Ramos as its interim president. Ramos will serve as the BNDES head until the inauguration of 38-year-old Gustavo Henrique Moreira Montezano, a former economist and the current deputy secretary of privatization and disinvestment. Montezano’s appointment followed…

The SEC alleges Kraken is operating an unregistered securities exchange.

The assumption that Ethereum will just transition to a fully functional proof-of-stake (PoS) network after the Merge somewhat ignores the risk and effort necessary to move an asset that has a $193 billion market capitalization and 400 decentralized applications (DApps).That is precisely why monitoring vital network conditions is essential for anyone willing to trade the…

An official from Russia’s central bank has revealed that the bank has recently conducted a "successful" experimental Initial Coin Offering (ICO), as cited by local news agency TASS Tuesday, September 11.Ivan Semagin, deputy director of the Financial Market Development Department for the Bank of Russia, told TASS:“Within a framework of the central bank’s sandbox, we…

The world of nonfungible tokens and blockchain gaming has seen immense growth and progress towards mainstream adoption in 2021. Recently, the movement picked up steam as an array of celebrities and internet influencers jumped on the hype train by purchasing premium digital collectibles. One project that has quickly risen in value over the past two months as…

A new survey shared with Cointelegraph has found that the proportion of Australian women who own crypto assets has doubled in the last year. The 2021 Independent Reserve’s Cryptocurrency Index (IRCI) of 2000 Australians found that the number of women who currently or have previously invested in crypto rose from 10.3% in 2020 to 20%…