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.
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FBI joins Mirror Trading probe in Africa to help recover US investor funds
The Federal Bureau of Investigation is joining the investigation into one of the largest alleged crypto scams of 2020. 105 Total views 121 Total shares Investigations into the South African company Mirror Trading International (MTI) – widely seen as last year’s most ruinous Bitcoin (BTC) Ponzi scheme – are now engaging the United States Federal…

Cardano prepares to scale with Hydra upgrade as network reaches 2M wallets
It's been barely half a year since Cardano's network hit the 1 million wallets mark. 568 Total views 4 Total shares In a tweet posted by the Cardano Foundation on Monday, the number of Cardano (ADA) wallets has surpassed the 2 million mark. The network reached the previous milestone of 1 million ADA wallets on…

Dubai Welcomes Global Businesses With First Blockchain KYC Platform
Dubai International Financial Centre (DIFC) and Mashreq bank announced the launch of their new blockchain data-sharing platform on March 1st.This platform will allow licensed businesses and corporations to open digital bank accounts instantly by verifying their identities via an internal blockchain.Mashreq accomplishes this by removing the existing paper-based KYC procedure and replacing it with a…

Bitcoin price limps under $20K as Asia extends global stocks weakness
No let-up in risk assets means Bitcoin faces more selling pressure, but hope remains that a key moving average could soon see a challenge. 61 Total views 1 Total shares Bitcoin (BTC) returned under $20,000 on June 29 as analysts stayed hopeful of a trip higher.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTraders looks to $19,500…

Bitcoin price may need 3 months to copy gold bull run — Analyst
BTC price action has a habit of copying gold uptrends — but only after a few months of the Bitcoin crab market.

Swiss Crypto Bank Gets Approved for Singapore Banking License
Swiss-based cryptocurrency bank Sygnum has received the go-ahead to offer banking services in Singapore.Sygnum: license is “important milestone”In a blog post on Oct. 31, Sygnum, which gained a Swiss banking license in August this year, can now proceed with its first product for the Singapore market.Sygnum was the first Swiss company to win the title…

Worldcoin launch sparks debate over data privacy and future of AI
The controversial digital ID crypto project Worldcoin launched on July 24 after three years of development. The project was co-founded by Sam Altman, the CEO of OpenAI — the company behind the popular artificial intelligence (AI)-based chatbot ChatGPT. Worldcoin made headlines right after its announcement in June 2021, as it promised to create a futuristic digital…

December market correction drags down crypto ETPs by $17B
Despite price corrections, digital asset funds closed the week with positive net flows totaling $308 million.