Polymarket Traders Betting on Sam Altman's Fate Have Become Bipolar

Betters on decentralized prediction platform Polymarket really aren't sure if Sam Altman will be coming back as OpenAI's chief executive amidst ongoing corporate drama. On Poly...

9 months ago

Chinese Police Bust Massive Crypto Money Laundering Gang

Chinese Police Bust $140 Million Crypto Money Laundering Ring

China’s law enforcement agency in Wuhan arrested 27 individuals involved in a sophisticated crypto money laundering and crime operation involving 1 billion yuan, approximately $140 million...

9 months ago

Kraken, one of the world's largest cryptocurrency exchanges, was sued on Monday by the U.S. Securities and Exchange Commission, which accused it of illegally operating as a securities exchange without first registering with the regulator.

US SEC sues Kraken crypto exchange over failure to register

The lawsuit in San Francisco federal court is the latest step in SEC Chair Gary Gensler's push to bring cryptocurrency under his agency's purview, by contending that digital assets are i...

9 months ago

Asset manager WisdomTree is attempting to resubmit a spot Bitcoin (BTC) exchange-traded fund (ETF) despite previous rejections.

Fund Manager WisdomTree Reportedly Refiles Spot Bitcoin ETF to SEC

The company filed an amendment with the US Securities and Exchange Commission (SEC), according to Bloomberg ETF analyst James Seyffart. “This just means WisdomTree is still plann...

10 months ago

Aave has announced its rebranding to Avara and the acquisition of Los Feliz Engineering, a Los Angeles-based web3 startup.

Aave Rebrands to Avara, Announces Latest Acquisition in Web3

Los Feliz Engineering, the acquired startup, is recognized for its development of the self-custody Ethereum wallet Family and the developer library ConnectKit. This acquisition brings Family and...

10 months ago

Bora Erdamar from BlockchainIST Center emphasized that upcoming crypto regulations prioritize specific licensing standards to prevent system abuse.

Turkey mulls addressing licensing and taxation in new crypto rule

Turkey is reportedly considering regulations for its crypto market, focusing on licensing and taxation. The aim is to remove the country from the “gray list” of an international fina...

10 months ago

The fund snapped up COIN at an average price of $70.5 in the third quarter, achieving a 40% profit from investment.

South Korea's Pension Fund Bought $20M Coinbase Shares in Q3, Made 40% Profit: Report

South Korean pension fund, National Pension Service (NPS), bought nearly $20 million worth of Coinbase (COIN) shares in the third quarter, local outlet News1 reported, citing the NPS&r...

10 months ago

Blockchain infrastructure firm Paxos has obtained a preliminary license from the Monetary Authority of Singapore (MAS) for its new entity.

Stablecoin Issuer Paxos Receives Preliminary Nod from Singapore Regulator

With the in-principal approval, Paxos Digital Singapore, the new entity, will offer digital payment token services to Singaporeans. Further, Paxos announced plans to launch a...

10 months ago

XRP prices jumped to 73 cents from 65 cents in 25 minutes after a tweet suggested financial behemoth BlackRock had filed for an XRP ETF in the U.S.

XRP Futures Traders Nurse $7M Loss as BlackRock ETF Rumor Causes Wild Price Swings

Traders invested in XRP futures lost some $7.26 million in the past 24 hours as prices moved wildly following rumors of a BlackRock (BLK) exchange-traded fund (ETF) filing. The liquida...

10 months ago

CoinW executive Sonia Shaw told Cointelegraph that the recent uptick in NFT sales shows a "broader and more profound interest” extending beyond art.

NFT sales volume upward trend to continue, industry execs say

In the weeks leading to November, nonfungible token (NFT) data showed a consistent upward leap in weekly sales. While the volume is still far from its peak in 2021, executives in the i...

10 months ago