German Authorities Shut Down 47 Crypto Exchange Services in Cybercrime Crackdown

German authorities have dismantled 47 exchange services involved in facilitating anonymous crypto transactions for criminal activities. These platforms bypassed anti-money laundering protocols, enabling cybercriminals to exchange digital currencies without identity verification. The takedown follows a series of other operations targeting major cybercrime networks. With seized user and transaction data, authorities are set to pursue further…

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MEXC Available Countries

Your guide: MEXC Available Countries Demand for safe and easily available bitcoin trading platforms has never been stronger in the fast-changing digital scene of today. Rising as a major participant in the market, MEXC, a worldwide bitcoin exchange, provides consumers in more than 170 countries access to interact with a wide spectrum of digital assets….

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dYdX Enters Prediction Markets with New Upgrade

dYdX is expanding into prediction markets with perpetual futures, introducing permissionless market listings. CEO Charles d’Haussy emphasizes the need for distinct features in DeFi. The dYdX, a decentralized cryptocurrency exchange (DEX) focused on perpetual futures, is set to enter the prediction markets sector. This move will allow users to place leveraged bets on events such…

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Binance Research Report Highlights Rapid Growth of RWAs on Blockchain

Real-World Assets (RWAs) are becoming increasingly popular. An in-depth analysis of this trend can be found in the paper “RWAs: A Safe Haven for On-Chain Yields?” by Binance Research. RWAs are the digitization of real estate, bonds, currencies, and commodities—among other physical and intangible assets—on blockchain networks, facilitating more convenient trade and liquidity. Key Takeaways: RWAs…

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FBI Warns of Sophisticated North Korean Cyber Attacks Targeting Crypto, Defi, ETFs

The FBI has issued a new warning about North Korea’s cyber campaigns targeting the cryptocurrency sector. The agency highlighted the use of sophisticated, hard-to-detect social engineering tactics to deploy malware and steal digital assets. North Korean hackers are reportedly focusing on decentralized finance (defi) platforms and cryptocurrency exchange-traded funds (ETFs). FBI Warns of North Korean…

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Quidax Becomes Nigeria’s First SEC licensed Crypto Exchange

On Thursday, African-founded cryptocurrency exchange, Quidax announced that it has become the first crypto exchange to receive a provisional operating license by Nigeria’s Securities and Exchange Commission (SEC) as a Digital Assets Exchange. The license which was presented by the Securities and Exchange Commission grants Quidax the permission to operate as a registered crypto exchange…

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Binance Pay and Banking Circle Partner to Integrate EURI Stablecoin

The cutting-edge, technologically advanced payments bank Banking Circle S.A. and Binance Pay, a leading cryptocurrency contactless payment technology, have reached an agreement enabling Banking Circle S.A. to handle EURI payments on the Binance Pay platform. Since, EURI is now integrated into Binance Pay, users may deal with this stablecoin with ease, increasing the usefulness of digital currencies…

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Washington State Regulator Warns of Potential Fraud by BIB Crypto Platform

The Washington State Department of Financial Institutions (DFI) issued a consumer alert on Tuesday, stating that it has received a complaint regarding possible fraudulent activities by a cryptocurrency trading platform named BIB. An investor reported that after transferring 20,000 USDT to BIB following advice from individuals named Austin Johnson and Cindy Turner, he was unable…

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U.S Trustee Opposes FTX’s Revised Restructuring Plan Citing Concerns

Exchange News The trustee Andrew Vara and other creditors have pointed out many problems. FTX said that its restructuring plan had received preliminary approval from all eligible creditors. A new development has occurred in the ongoing FTX restructuring proceedings; the case’s United States trustee has voiced strong concerns to the crypto exchange’s revised reorganization plan….

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Wazirx Founder Denies Remaining Assets Are Gone, Warns About New Fake Account Trend

Wazirx co-founder Nischal Shetty has addressed concerns about the remaining assets following the cyberattack, stating that misinformation has caused unnecessary fear by suggesting these assets are also gone. He emphasized that such claims are baseless and are made only to attract attention. He also promised to share Wazirx’s Proof of Reserves (PoR) after a new…

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Wazirx to Resume INR Withdrawals Up to 66% — Crypto Withdrawals Remain Suspended

Indian crypto exchange Wazirx has announced that INR withdrawals will resume in phases starting on Aug. 26, following a cyberattack that disrupted services. To manage crypto balances, Wazirx plans to implement a Singapore Scheme of Arrangement to facilitate the distribution of crypto assets. INR withdrawals will occur in two stages, allowing users to access up…

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Bybit’s Report Highlights TON’s Successful Strategy to Onboard 1B Telegram Users into Web3

Specifically, it illustrates how TON’s close partnership with Telegram is propelling adoption. The integration of TON-based decentralized apps with Telegram has been very successful so far. In its first TON ecosystem report, Bybit—the second-biggest cryptocurrency exchange globally based on trading volume—updated readers on The Open Network’s progress toward bringing almost one billion Telegram users into the Web3…

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Bybit Lists $DOGS Token on Spot Trading Platform with Exciting Promotions

On its Spot trading platform, Bybit—the second-largest cryptocurrency exchange globally based on trading volume—is listing the much awaited $DOGS token. At 12:00 UTC on August 26, 2024, the listing will go live. Bybit’s commitment to provide the newest and most interesting tokens to its worldwide trading community is reflected in this new version. Bybit, as one…

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