TON could help DeFi break into mainstream: Report

U.S. prosecutors are reportedly investigating the fintech firm after a whistleblower claimed it processed thousands of transactions for users from sanctioned countries and terrorist groups.

Prices remain soft across the market as traders await Federal Reserve Chair Jerome Powell’s statement on the size of the next interest rate hike. At the moment, the market consensus is a 0.75 bps rate hike and a sliver of analysts are banking on 1%. Stocks also appear en-route to close the day in the red,…

Fund issuers and industry experts hope Hong Kong’s new crypto ETFs will open the doors for mainland Chinese investment in the future.

A governmental committee in India has reportedly suggested that cryptocurrencies be legalized in the country, English-language local media TheNewIndianExpress (TNIE) reported on Dec. 26.According to the article, an unnamed senior official who reportedly attended the panel’s meetings on cryptocurrencies stated:“There is a general consensus that cryptocurrency cannot be dismissed as completely illegal. It needs to…

Cryptocurrencies are not well-suited for the needs of terrorist groups, United States nonprofit think tank RAND Corporation states in a report published on March 27.The report, dubbed “Terrorist Use of Cryptocurrencies: Technical and Organizational Barriers and Future Threats,” is focused on two main angles — how terrorists use cryptocurrencies in their current state and how…

The financial watchdogs targeted self-directed individual retirement accounts with potential exposure to crypto in a warning to investors. 315 Total views 18 Total shares Own this piece of history Collect this article as an NFTThree financial watchdogs in the United States have issued a warning to investors considering certain individual retirement accounts with exposure to…

The latest legal action against Block.one (B1), the creator and original seller of EOS (EOS), could potentially help plaintiffs get higher compensation, according to EOS Network Foundation (ENF) founder and CEO Yves La Rose.On July 25, La Rose officially announced that ENF is preparing a lawsuit against Block.one for its failure to follow through on…

Cardano (ADA) appears to be heading toward a new record high as its downside move takes the shape of a bull flag.In detail, the ADA/USD exchange rate plunged 16.91% to $2.47, but the pair’s decline came after a strong move higher, wherein it surged over 120% month-to-date to reach an all-time high of $2.97 on Monday.…

Hong Kong's SFC is exploring new licensing regulations for OTC cryptocurrency services, seeking input from industry participants.