Crypto News Aggregator

The FBI has taken control of nine crypto exchanges that were reportedly involved in money laundering associated with ransomware payments The FBI has seized control of nine cryptocurrency exchanges, including 24xbtc.com, 100btc.pro, pridechange.com, 101crypta.com, uxbtc.com, trust-exchange.org, bitcoin24.exchange, paybtc.pro, and owl.gold, which were allegedly involved in money laundering associated with ransomware payments. These crypto exchanges were…

Nansen’s latest monthly report shows that BNB Chain continues to be the most active blockchain in terms of user activity. Blockchain research firm Nansen reported that the BNB Chain had 10.9 million active wallet addresses in April. Nansen’s data revealed that while BNB Chain had the most active network users in April, its user count…

Sports Illustrated, a U.S. sports magazine, has joined forces with ConsenSys, a software company that uses Ethereum, to create a ticketing marketplace called “Box Office”. They have now introduced a new way to buy tickets using non-fungible tokens (NFTs) on the Polygon network, which is a tool that helps Ethereum work better. Sports Illustrated’s ticketing…

The UK’s tax authority is asking people for their opinions on proposed new rules, which are designed to make it easier for people who use cryptocurrencies to pay their taxes. UK tax advisors have praised new proposed rules that would reduce the tax burden on crypto users who engage in decentralized finance (DeFi) lending and…

Revolut, a digital bank that allows crypto investments, has entered the Latin American market by launching its services in Brazil. This move aims to cater to the increasing demand for cryptocurrency assets in the country. Revolut already offers crypto investment options to its European clients. Revolut, a digital bank that offers crypto investments across Europe,…

The founders of 3AC’s OPNX Exchange, Kyle Davies, Su Zhu, and others, have been formally reprimanded by Dubai’s Virtual Assets Regulatory Authority for running an unregulated exchange, following two cease-and-desist letters. Dubai’s cryptocurrency regulator has issued a formal notice to OPNX, a bankruptcy claims exchange created by the founders of the failed hedge fund Three…

ByBit, a cryptocurrency exchange based in Dubai, has launched a service where users can lend out their cryptocurrencies for interest. This puts ByBit in the same group as other major exchanges that already offer similar services. ByBit has launched a new cryptocurrency lending service for its users, following in the footsteps of several other major…

Even though Coinbase’s shares have fallen because of its legal issues with the SEC, Cathie Wood still thinks the crypto exchange will do well. ARK Invest, a company started by famous investor Cathie Wood, bought shares of Coinbase, a company that lets people trade cryptocurrencies, on International Workers’ Day. On May 1st, ARK Invest bought…

Legal documents filed in court are calling for a solution to a problem that could be important for customers and investors of Celsius, a cryptocurrency lending platform. Crypto lending platform Celsius wants to merge its U.K. and U.S. entities. However, court filings claim that the difference between the two companies was not real, and merging…

A group of people are trying to sue Coinbase together because they believe the company broke the rules on privacy in Illinois. They say that Coinbase took their fingerprints and facial scans and kept them without their permission. A lawsuit that many people want to join says that Coinbase broke the law in Illinois when…

In a recent interview, Coinjar CEO and co-founder Asher Tan said, “While other exchanges are concerned about regulation, we see it as an opportunity.” The CEO of Australian cryptocurrency exchange, Coinjar, is not worried about the risks associated with regulations as the exchange plans to expand its presence in the United States. Coinjar CEO and…

According to claims, Poloniex didn’t follow the rules of checking and verifying their customers’ identities correctly from 2014 to 2019. Poloniex LLC, a US company that was once related to Poloniex cryptocurrency exchange, has agreed to pay $7.59 million to settle allegations of breaking sanctions rules made by the US Treasury Department’s Office of Foreign…

Binance CEO CZ has warned Justin Sun and other large cryptocurrency holders not to misuse the SUI airdrop given out by Binance Launchpool, or else he will take action against them. Binance CEO, Changpeng “CZ” Zhao, warned Justin Sun, the founder of Tron, not to misuse the Binance Launchpool’s SUI airdrop, which started on May…

Russian authorities plan to create a committee to issue permits to companies that use cryptocurrency for international trade transactions. A top government official in Moscow has said that while cryptocurrency may be risky for investors, it can still have practical applications in settling international transactions. Russia Plans to ‘Experiment’ With Cross-Border Crypto Payments Amid Sanctions…

ChatGPT predicts a 15% chance of Bitcoin becoming irrelevant and its prices dropping 99.99% by 2035. A person from Coinbase says they found a way to use ChatGPT to predict the likelihood of unusual crypto price situations. They call it a “jailbreak.” Conor Grogan, who is the head of business operations at Coinbase, posted a…

“OKX, a company that lets you buy and sell cryptocurrencies, is using a new and advanced way to prove that they have enough cryptocurrency to cover all their customer deposits. This new method, called zk-STARK, helps ensure that customer’s cryptocurrency deposits are secure and protected.”   This method helps OKX prove that they have enough…