SEC nets record $8.2B from enforcement, mostly from Terraform Labs
Terraform Labs’ near $4.5 billion settlement with the SEC has contributed to a record year for the agency’s financial penalties.
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Crex24 Exchange Accused of Hiding Hack From Customers
Users are accusing Estonian cryptocurrency exchange, Crex24, of hiding the scale of a hack from its users after suspending trade for several altcoin pairings. Crex24’s members claim that the exchange has not given an explanation for its suspension of more than sixty altcoins. The exchange has also frozen withdrawal and deposit services for many of the…
Nifty News: Yuga Labs buys CryptoPunks, 1inch Wallet supports NFTs and more
This week's Nifty News round up follows a weekend full of Yuga Labs announcements, the start of Austin's SXSW conference and added NFT support for 1inch Wallet users.Yuga Labs acquires CryptoPunks and MeebitsYuga Labs, creator of Bored Ape Yacht Club, or BAYC, announced its acquisition of the Intellectual Property, or IP, of the CryptoPunks and Meebits…
China’s Ant Group to help Malaysia launch crypto-friendly ‘super app’
Expected to launch in early 2023, Kenanga’s crypto-friendly super app will feature digital investment management, e-wallet, FX, stock trading and other services. 259 Total views 30 Total shares Malaysia continues accelerating its pace of cryptocurrency adoption as one of the major local banks is moving into cryptocurrency trading as part of its default banking offerings.Kenanga…
McHenry urges Senate to pass FIT21 crypto bill before election
The United States House’s widely positive vote on the crypto-regulating FIT21 bill should be “a wake-up call” to the Senate to quickly pass it, says Rep. Patrick McHenry.
Can cryptocurrencies be frozen on a blockchain?
Frozen funds in crypto, explained Frozen funds typically mean access to such funds has been restricted or temporarily halted.Several factors, such as technological errors, security precautions, disagreements, investigations and regulatory compliance, can lead to such circumstances. So, can a crypto exchange freeze your account?If exchanges or financial institutions suspect fraudulent activity or money laundering related
Europe needs ‘Airbus for the metaverse’ to become global Web4 leader
Analysts from the London School of Economics and Political Science say a pan-European industrial cluster is necessary for the EU to compete in Web4.
Bitcoin price nears $30K as estimates reveal $19K support floor
Breaking $19,000 will be "very hard" for bears, say analysts at Whalemap, with this still allowing Bitcoin to dive below the $20,000 highs from 2017. 3864 Total views 3 Total shares Bitcoin (BTC) edged closer to the significant $30,000 support on June 8 amid predictions that a major crypto correction was imminent.BTC/USD 1-hour candle chart…
Hotbit exchange halts operations, urges users to withdraw funds
Hotbit said that centralized exchanges are becoming more cumbersome and highlighted that it is "unlikely to meet long-term trends." In an announcement, the exchange said that its operating conditions have deteriorated since a former member of its team was subjected to an investigation back in August 2022. According to the exchange, the probe forced them…