News - Page 1062 of 2214 - Cryptonews (Page 1062)

Paradigm, a16z Backed Blockchain Game LootRush Announces New Gaming Subscription

LootRush, a blockchain start-up backed by venture capital firms Paradigm and Andreessen Horowitz (a16z) is announcing a new gaming subscription which allows its users to access non-fungible tokens (NFTs) from over 500 games on its platform from today. San Francisco-based LootRush was launched in...

, by Tanzeel Akhtar

Curio Hit by $16 Million Exploit Due to Voting Power Vulnerability

Curio, a project focused on real-world assets, has fallen victim to a smart contract exploit related to a vulnerability in voting privileges.

, by Hassan Shittu

Hancom Scion Released on Bail in South Korean ‘Crypto Slush Fund’ Probe

A South Korean court has released the son of software giant Hancom Group’s Chairman on bail as prosecutors continue to probe an alleged “crypto slush fund.” Officials have been investigating allegations since 2021, when reports began surfacing surrounding the Hancom Group...

, by Tim Alper

IMF Proposes Digital Money to Enhance Financial Inclusion in Pacific Island Nations

The IMF has suggested that digital money could significantly improve financial inclusion in the remote nations of the Pacific Ocean.

, by Ruholamin Haqshanas

South Korean Police Capture Fraudsters Who Stole $4.1 Million in Crypto Investment Scam

The Haeundae Police Station in Busan, South Korea, has caught a pair of fraudsters who stole $4.1 million from a senior citizen with the promise of profitable crypto investments.

, by Hassan Shittu

Turkey’s Misyon Bank Taps Taurus for Digital Asset Custody and Tokenization Services

Turkey's Misyon Bank has announced its partnership with Swiss firm Taurus to leverage its digital asset custody and tokenization technology.

, by Ruholamin Haqshanas

Panasonic Partners With Binance-listed Jasmy Altcoin, Sparking Token Price Surge

Binance-listed altcoin JasmyCoin (JASMY) has announced a partnership with tech giant Panasonic, to foster development of a platform that applies blockchain tech and IoT. JASMY is an Internet of Things (IoT) focused Japanese cryptocurrency. The altcoin stunned investors last month with an...

, by Sujha Sundararajan

Spot Bitcoin Exchange-Traded Funds See Net Inflow Following Five Days of Outflows

Spot Bitcoin exchange-traded funds (ETFs) experienced net inflows yesterday, breaking a streak of five consecutive days of outflows.

, by Ruholamin Haqshanas

DeFi Education Fund, Apparel Firm Sue SEC Over Unwritten Airdrop Securities Rule

Crypto advocacy group DeFi Education Fund and Texas-based apparel firm Beba filed a lawsuit against the Securities and Exchange Commission (SEC) on Monday. They aim to establish that airdrops should not be classified as securities. The parties criticized the SEC's "aggressive approach" to...

, by Shalini Nagarajan

SEC Pressing for $2 Billion in Fines and Penalties from Ripple Labs: Garlinghouse

Ripple is facing a substantial legal challenge as the U.S. Securities and Exchange Commission (SEC) seeks $2 billion in fines and penalties against the company. Ripple Labs CEO Brad Garlinghouse recently published a post on social media, saying that the SEC intends to ask the Judge for $2...

, by Hongji Feng

London Stock Exchange to Roll Out Crypto ETNs on May 28

London Stock Exchange (LSE) is set to lunch Bitcoin (BTC) and Ether (ETH) exchange-traded notes (ETNs) from May 28. The announcement follows FCA’s approval on March 11, to allow LSE list crypto offerings for pro investors. Announced Monday, LSE signalled that it would start accepting...

, by Sujha Sundararajan

Asset Managers Continue to Embrace Bitcoin as Key Portfolio Diversification Tool: QCP

Recognizing the potential benefits of Bitcoin's role as a portfolio diversifier, asset managers have been actively increasing their Bitcoin allocations.In a recent note, crypto asset trading firm QCP Capital revealed that asset managers continue to add Bitcoin allocations as a "portfolio...

, by Ruholamin Haqshanas

Bitcoin Price Maintains $70,500 as GBTC Net Outflows Exceed $14.1 Billion

The price of Bitcoin has maintained a level around $70,500 despite recent outflows from spot ETFs. At the time of writing, the leading cryptocurrency is trading at $70,584, up by 5.12% over the past 24 hours, according to data from CoinMarketCap. The flagship cryptocurrency is up by almost...

, by Ruholamin Haqshanas

US Treasury Targets Russian Blockchain Companies for Sanctions Evasion

The US Treasury's Office of Foreign Assets Control (OFAC) on Monday sanctioned 13 entities and two individuals. They are accused of developing crypto-related services that could facilitate sanctions evasion on behalf of Russian nationals. OFAC's designations aim to curb Russia's use of the...

, by Shalini Nagarajan

South American Gold Miner Nilam Resources Plans to Buy 24,800 Bitcoin

Nilam Resources has signed a letter of intent with Xyberdata to buy $1.70 billion worth of bitcoin amid the ongoing crypto market rally. According to Nilam Resources, Inc.'s announcement on March 25, the acquisition involves the Mauritius-based special purpose entity MindWave, which holds 24,800...

, by Hongji Feng

SWIFT to Launch CBDC Platform in 2025-26: Report

SWIFT, the global messaging network used by banks, service providers, clearinghouses, corporate business houses, brokers, is planning to launch a new platform to connect central bank digital currencies (CBDCs) in the next one to two years, according to a Reuters report citing the firm’s head...

, by Tanzeel Akhtar

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