Crypto payment service Payeer hit with record $10M fine in Lithuania
Payeer was fined approximately $10 million after it allegedly allowed transfers to sanctioned banks.
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Stacks announces major partnerships following mainnet launch
Foundry Digital and Blockdaemon are backing the launch of Stacks 2.0. 1123 Total views 2 Total shares Stacks, an open-source network for building smart-contract and DeFi bridges to Bitcoin (BTC), has secured several major partnerships in the wake of its mainnet launch — sending a strong signal that industry players are keen to back new…
Institutional exposure to altcoin products retests all-time high
Inflows to Solana-based investment products saw a whopping 388% increase last week, with institutional investors gaining exposure to $13.2 million worth of SOL products. 1300 Total views 17 Total shares Institutional demand for altcoin exposure has surged to record levels, with the altcoin market share now representing a record 35% of capital locked in crypto…
IMF Recommends Immediate Action on Malta’s AML and CFT Supervision
The International Monetary Fund (IMF) has said that the Malta Financial Services Authority (MFSA) has critical gaps in its supervision for anti-money laundering (AML) and combating the financing of terrorism (CFT), and is recommending “urgent action.” The news was reported by local news outlet the Times of Malta on Feb. 28.A Financial System Stability Assessment…
Advanced AI system is already ‘self-aware’ — ASI Alliance founder
ASI Alliance founder Ben Goertzel says the alpha version of the AGI he’s been working on for 20 years is “self aware” and scaling up fast.
Bitcoin rewards app Lolli closes $10M investment round
Acrew Capital, Lolli’s primary backer during the raise, said the app is well positioned to boost Bitcoin adoption in the long run. 440 Total views 259 Total shares Popular Bitcoin (BTC) rewards app Lolli has received fresh backing from venture funds and other investors as it plans to scale its services to a wider audience. On…
Coinbase introduces spot crypto trading for institutional investors outside US
Institutional clients on the Coinbase International Exchange will be able to trade Bitcoin and Ether against USD Coin starting on Dec. 14. United States-based cryptocurrency exchange Coinbase announced that institutional investors on its international exchange can access spot crypto trading services.In a Dec. 13 announcement, Coinbase said institutional clients based outside the U.S. will be
MiCA proponent cites FTX in advocating for regulation: ‘Crypto assets are not play money’
"With a global MiCA, the FTX crash would not have happened," said European Parliament economics committee member Stefan Berger. 1070 Total views 7 Total shares European Parliament economics committee member Stefan Berger has compared the current situation with FTX to the 2008 financial crisis, using “such Lehman Brothers moments” in justifying the need for regulating…
New Apple rules double down on 30% NFT ‘tax’ and geo-limits exchanges
Apple has published rules for NFTs for the first time while clarifying rules around cryptocurrency payments and crypto exchanges. 312 Total views 3 Total shares Technology heavyweight Apple has clarified its App Store rules around nonfungible tokens (NFTs) and cryptocurrency exchanges marking the first time its codified specific rules for NFTs.The new rules confirm how…