News - Page 1234 of 2214 - Cryptonews (Page 1234)

SEBA Bank Rebrands to AMINA Bank, Shoots for Global Expansion

Crypto-friendly Swiss-based SEBA Bank AG has announced its new brand identity: AMINA Bank AG. According to the press release shared with Cryptonews, the rebrand will not affect the bank’s current clients “other than encountering the new name.” It stated that, “All...

, by Sead Fadilpašić

Australia Considers Sector-Specific Codes for Addressing Banking and Crypto Scams

The Australian Department of the Treasury is considering applying sector-specific codes and standards to banking and cryptocurrency scams as part of its proposed framework. On November 29, a consultation paper titled "Proposed Scams Code Framework," aimed at establishing a new framework for...

, by Hassan Shittu

Turkish Crypto Exchange Associated with Hull City Sponsorship at Center of Fraud Scandal

The investigation into Tomya, a cryptocurrency exchange sponsored by Hull City's owner, Acun Ilıcalı, has led to several arrests, including the exchange's owner, Yavuz Usta, and economist Ece Pulaş. The Istanbul Büyükçekmece Public Prosecutor’s Office...

, by Hassan Shittu

Blockchain Brawlers Enters Fortnite’s Home – Launches on Epic Games Store to 230 Million Gamers Globally

Web3 ecosystem for gaming Worldwide Asset Exchange (WAX) announced that its blockchain-based, wrestling-themed non-fungible token (NFT) game Brawlers has launched on the major digital distribution platform Epic Games Store (EGS) — becoming available to more than 230 million PC gamers...

, by Sead Fadilpašić

Jack Dorsey Leads $6.2 Million Seed Funding for OCEAN Bitcoin Mining Pool

Mummolin, a Bitcoin startup, has raised $6.2 million in seed funding to support the launch of Ocean, a new decentralized bitcoin mining pool. The funding round was led by former Twitter CEO and Bitcoin advocate Jack Dorsey. OCEAN mining pool seeks to shift power back to Bitcoin miners by...

, by Trent Alan

Brazilian Senate OKs ‘15% Crypto Tax Rate’

Brazilian senators have voted in favor of a bill that proposes taxing crypto tax profits earned on overseas crypto platforms at a fixed rate of 15%. Per the parliamentary website and a report from Brazil’s Livecoins, lawmakers “seriously amended” the bill to ensure no...

, by Tim Alper

Immunefi’s November Crypto Losses Show $343M Lost to Frauds and Hacks, CeFi Platforms Account for 53% Losses

In November, the cryptocurrency industry experienced significant losses, with bug bounty platform Immunefi reporting that over $343 million was lost to platform hacks and fraudulent activities. This marks the highest monthly loss recorded in the emerging industry for 2023. Detailing the...

, by Jimmy Aki

Binance Rolls Out Third-Party Banking Agreement to Reduce Counterparty Risk

Binance has announced the world’s first cryptocurrency triparty arrangement with a third-party banking partner, according to a press release put out by the crypto exchange Wednesday. Off-exchange collateral The agreement gives customers the option of keeping their collateral off-exchange with...

, by Julia Smith

“MUNGER” Coin Rises 31000% After Charlie Munger’s Death, Crashes Within One Day

A memecoin minted shortly after billionaire Charlie Munger’s death experienced a staggering surge of over 31000% on Wednesday, but lost more than 98% of its value the next day. As news broke of the Berkshire Hathaway vice chairman’s death, the MUNGER memecoin rose more than...

, by Brian Yue

Top Crypto Gainers Today on DEXTools – MIND, BABYFROGE, BETROCK

Blue-chip cryptocurrencies continue to consolidate within recent intra-day ranges, with Bitcoin (BTC) hovering in the upper $37,000s just below yearly highs as traders digest the latest US inflation figures and commentary from Fed policymakers. Core PCE Price Index inflation figures for...

, by Michael Davis

Robinhood to Launch in U.K. in Early 2024

Investment platform, Robinhood, has plans to launch in the U.K. as early as the start of 2024, according to CEO Vlad Tenev. New features launching “The intention is, for the U.K. market, Robinhood to be the best place to invest in U.S. stocks and U.S. dollars, and we believe we can fulfill...

, by Julia Smith

Defunct Celsius Opens Withdrawal Access for Eligible Cryptocurrency Holders

Bankrupt cryptocurrency lender Celsius has opened withdrawals for eligible custody customers starting November 29, according to a statement on X (formerly Twitter). According to a court filing on November 28, "Celsius eligible custody users" are customers with "Class 6A General Custody...

, by Jimmy Aki

Canadian Crypto Drive Slows in 2023, Users Cite Wider Market Factors

The number of Canadian cryptocurrency users has dropped in 2023 due to bear market fears and wider macroeconomic factors, a new survey shows. A Crypto Asset Survey published by the Ontario Securities Commission (OSC) was conducted to show consumer interaction with virtual assets, investment...

, by David Pokima

Kyber Director Demands Executive Control and Asset Surrender in Bold Negotiation Terms

The anonymous attacker behind the recent $47 million exploit of the decentralized crypto exchange KyberSwap has outlined bold demands in proposed negotiation terms made public on November 30. The self-proclaimed "Kyber Director" is seeking complete control of KyberSwap's operations and assets...

, by Trent Alan

Jump Crypto Files Documents Confidentially in Terraform Labs Lawsuit

A federal judge has accepted confidential materials from Jump Crypto Holdings in discovery as part of the Securities and Exchange Commission’s lawsuit against Terraform Labs. In a Nov. 28 filing in the U.S. District Court for the Southern District of New York, Judge Jed Rakoff sanctioned the...

, by Brian Yue

SEC Chair Gary Gensler Remains Tight-Lipped on Future of Spot Bitcoin ETFs

Securities and Exchange Commission Chair Gary Gensler said he would not “pre-judge” the future of spot Bitcoin ETFs when asked if the SEC would take any action soon regarding the matter. Speaking at a conference hosted by the Healthy Markets Association on Wednesday, Gensler...

, by Brian Yue

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