In a recent announcement, Johnny Lyu, the CEO of KuCoin, revealed that the popular cryptocurrency exchange will be launching a special $10 million airdrop in Bitcoin and KuCoin tokens. This strategic move comes in response to the recent charges leveled…
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US-UK Review of $20 Billion in Crypto Transactions Tied to Russian Exchange
The US and UK governments are currently conducting a comprehensive review of cryptocurrency transactions worth over $20 billion associated with Garantex, a Russia-based virtual exchange. This joint effort aims to address the issue of sanctions evasion, which has been supporting…
BlackRock’s Digital Assets Head Notes Modest Interest in Ethereum Among Clients
In recent years, the world of digital assets has witnessed a significant surge in popularity, with cryptocurrencies like Bitcoin (BTC) taking the spotlight. However, it seems that even the asset management giant BlackRock (BLK) is beginning to recognize the potential…
US Prosecutors Charge KuCoin and Founders for Alleged Anti-Money Laundering Violations
In a recent development, US prosecutors have charged KuCoin, one of the world’s largest cryptocurrency exchanges, along with two of its founders, for allegedly failing to comply with American anti-money laundering (AML) regulations. The charges stem from KuCoin’s purported negligence…
Ripple Labs Faces SEC in Court Over XRP Token Status, $2 Billion in Fines Sought
Ripple Labs Inc., is currently embroiled in a legal dispute with the United States Securities and Exchange Commission (SEC) over the status of its digital token, XRP. Ripple’s Chief Executive Officer, Brad Garlinghouse, recently disclosed that the SEC is seeking…
Kredeum and SKALE Network: Simplifying NFTs on WordPress
In today’s digital era, the integration of blockchain technology with web platforms represents a significant yet largely unexplored frontier. Among the myriad challenges, the seamless merger of Non-Fungible Tokens (NFTs) with existing web infrastructures stands out. WordPress, the backbone of…
Cathie Wood Analyzes Bitcoin’s Impact, Sees $1.5M Potential in Emerging Markets
In the realm of digital assets, bitcoin (BTC) has emerged as a transformative cryptocurrency with a wide array of use cases. Cathie Wood, the esteemed CEO of Ark Invest, has been closely examining the potential of bitcoin in emerging markets.…
Migration of 6,000 Bitcoin Mining Machines in the US Ahead of Halving Event
In the ever-evolving landscape of Bitcoin mining, a significant migration of older mining machines is underway in the United States. Around 6,000 outdated Bitcoin mining machines are set to be idled and transported to a warehouse in Colorado Springs. From…
KuCoin Achieves Compliance with India’s FIU-IND Amid Strict Cryptocurrency Regulations
The FIU-IND, essential in India’s financial crime prevention efforts, scrutinizes financial transactions to combat money laundering. Cryptocurrency exchange KuCoin navigated regulatory challenges to align with FIU-IND’s strict compliance requirements, amidst India’s tight cryptocurrency regulations. Achieving compliance, KuCoin has been recognized…
Ethereum and SEC Investigation: Impacts and Industry Response
The digital-asset world continues to operate normally despite recent concerns raised by the US Securities and Exchange Commission’s (SEC) investigation into the Ethereum Foundation, the primary organization supporting the second-largest cryptocurrency. This investigation has brought to the forefront a longstanding…
Tornado Cash Receives $3.3M in Ether Following Poloniex Hack Theft
In a shocking incident that sent shockwaves through the cryptocurrency community, a skilled hacker managed…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
