News - Page 1218 of 2266 - Cryptonews (Page 1218)

2024 Crypto Trends: Rollups, Corporate Adoption, and Bitcoin-Centric Solutions

The crypto industry is anticipating a positive shift in 2024, with several key trends shaping the landscape. After a prolonged crypto winter, increased institutional demand and growing Bitcoin adoption are expected to drive innovation. Notable trends to watch include corporate involvement,...

, by Fredrik Vold

JP Morgan: Bitcoin ETFs Could See $25 Billion Inflows From Existing Products Without Fresh Capital

Banking giant JP Morgan projects a huge inflow into spot Bitcoin ETFs from other cryptocurrency-related products even without new capital from the wider financial market. JP Morgan Market Trends Report Highlights Inflows Following Bitcoin ETF Approval In a recent report, the bank highlighted...

, by David Pokima

South Korea Seeks Regulation Against Crypto Mixers Citing Illegal Use Cases

South Korean regulators seek to introduce new laws that would sanction the use of cryptocurrency mixers in the country to curb the rate of illicit financial activities. According to local news outlets, the Financial Intelligence Unit is considering rolling out new regulations similar to...

, by David Pokima

Rating Agency Moody’s Report Highlights Tech Risks In Growing Tokenized Funds

Moody’s Investor Services, a credit ratings and research provider, on Monday, highlighted the inherent tech risks associated with growing tokenized funds. Moody’s DeFi and Digital Assets expert team flagged the need for additional expertise in managing tokenized funds. Tokenized...

, by Sujha Sundararajan

Top NFT News Today – 15 January, 2024

Non-fungible token (NFT) global sales have seen a lot of green over the past month. The day’s picture has turned red, though. Per CryptoSlam, at the time of writing, sales volume is up 8% over 30 days, while the number of buyers and sellers went up 46% and 40%, respectively. In 24...

, by Sead Fadilpašić

BuyUcoin Announces Zero Fee Transfer From Offshore Exchanges Amid Ongoing Crackdown in India

Indian crypto exchange BuyUcoin has announced that it will now reimburse the entire withdrawal fees for local users transferring their assets from offshore exchanges amid ongoing crackdown. The FIU-IND, a unit of the Finance Ministry, recently issued show cause notices to numerous offshore...

, by Jai Pratap

Digital Asset Investment Products See $1.18 Billion Inflows Amid Excitement Around Launch of Spot Bitcoin ETFs

Last week, digital asset investment products witnessed a significant surge in inflows, totaling an impressive $1.18 billion, albeit subject to a T+2 settlement. Digital Assets Investments Still Behind ETPs Despite Record Inflows While this influx of capital is noteworthy, it falls just shy of the...

, by Ruholamin Haqshanas

Hedera Adds Major Household Name To Its Council – Why Is This Important?

Hedera has announced the latest member of its governing council – the tech giant Hitachi. Hedera’s President Charles Adkins told Cryptonews why having household names join the ranks is relevant. Hedera Lending Credibility with Hitachi AmericaThe Hedera Council’s newest member...

, by Sead Fadilpašić

Web3 in Africa: Regulatory Challenges Impede Potential Transformation

As Africa's Web3 landscape gains momentum, it faces significant regulatory hurdles that threaten to stifle its transformative potential. Jathin Jagannath, a developer advocate for Cartesi, a Web3 rollup protocol, has pinpointed regulatory uncertainties as a major obstacle in Africa's Web3...

, by Ruholamin Haqshanas

Game Over for NFTs? Will the Market Recover in 2024

Non-fungible tokens, or NFTs, have faded into the background with all the chatter and excitement around a spot Bitcoin exchange-traded fund being approved in the US market. Earlier today GameStop revealed it has shut down its NFT marketplace, signaling its withdrawal from the cryptocurrency...

, by Tanzeel Akhtar

Google Removes Apps of Binance and Other Global Crypto Exchanges in India

Google has removed several prominent global crypto exchanges, including Binance and Kraken, from its Play Store in India. This move comes as a response to allegations of these exchanges operating "illegally", with the Financial Intelligence Unit (FIU) issuing show cause notices to nine crypto...

, by Jai Pratap

Federal Reserve’s Rate Cut Could Spark Institutional Interest in DeFi and Stablecoins, Fidelity Predicts

The United States Federal Reserve's potential interest rate cut could reignite major institutional interest in decentralized finance (DeFi) and stablecoins, according to asset manager Fidelity. In their recently released 2024 Digital Assets Look Ahead report, Fidelity suggests that this...

, by Ruholamin Haqshanas

Over $4 Million Worth of Assets Stolen By Solana Wallet Drainers: Scam Sniffer

Blockchain security firm Scam Sniffer says over $4 million worth of digital assets have been stolen by Solana wallet drainers in phishing attacks in the past month. Solana users should be vigilant for phishing attacks In a recent report, the firm tracked multiple activities of bad actors...

, by David Pokima

Bitcoin’s Monthly Winning Streak Ends as ETF Excitement Fades

Bitcoin posted its worst streak in about a month after the US Securities and Exchange Commission approved spot Bitcoin (BTC) ETFs. The leading cryptocurrency remained highly volatile in the past few days, ultimately trading little changed at $42,655 as of now. The recent decline marked the...

, by Ruholamin Haqshanas

UN Report Highlights Tether’s Rising Role in Money Laundering Across Southeast Asia

In a recent report released by the United Nations Office on Drugs and Crime, Tether, one of the world's largest stablecoin Tether, has been identified as a prominent tool employed by money launderers and fraudsters operating in Southeast Asia. The report sheds light on the increasing use of...

, by Jai Pratap

Attack on Bitfinex Exchange Involving $15 Billion XRP Transaction Failed: Paolo Ardoino

A transaction involving nearly $15 billion worth of XRP from an unknown wallet to the Bitfinex exchange as part of a "partial payments exploit" has failed. The transaction was first brought to the public's attention by the blockchain tracking account known as Whale Alert, which reported a...

, by Ruholamin Haqshanas

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