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Day: November 24, 2023

  1. Home
  2. 2023
  3. November
  4. 24
  5. Page 2
Interactive Brokers Hong Kong Receives License for Virtual Asset Trading
  • bob
  • 2023-11-24
  • Asia
  • Cryptocurrency Exchanges
  • Cryptocurrency Regulations
  • Government Policies and Cryptocurrency Adoption

Interactive Brokers Hong Kong Receives License for Virtual Asset Trading

Interactive Brokers Hong Kong has obtained a license to trade virtual assets for retail clients in Hong Kong. The announcement was made by David Friedland, the Managing Director for Asia Pacific at Interactive Brokers, on LinkedIn. The firm will initially focus on trading Bitcoin and Ethereum. More details about the licensing will be provided in […]

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Bittrex Global to Cease Operations Amid Regulatory Uncertainty
  • bob
  • 2023-11-24
  • Company News
  • Cryptocurrency Exchanges
  • Europe
  • Regulatory Developments

Bittrex Global to Cease Operations Amid Regulatory Uncertainty

Bittrex Global, a cryptocurrency exchange based in Liechtenstein, has announced that it will be shutting down its operations. The decision comes as a result of regulatory uncertainties and is in line with the suspension of Bittrex’s operations in the United States earlier this year. The U.S. Securities and Exchange Commission (SEC) had accused Bittrex Global […]

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  • bob
  • 2023-11-24
  • Cryptocurrency Exchanges
  • Financial Scams and Security
  • Regulatory Developments
  • World

SEC Files Lawsuit Against Kraken for Unregistered Operations and Fund Commingling

The US Securities and Exchange Commission (SEC) has filed a lawsuit against cryptocurrency exchange Kraken, accusing it of conducting unregistered operations. The SEC alleges that Kraken operated as an unregistered broker, clearing agency, and dealer, trading tokens deemed securities without complying with federal securities laws. The lawsuit specifically mentions tokens such as Algorand, Polygon, and […]

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KyberSwap Offers 10% Bounty to Hacker in $46 Million Crypto Heist
  • bob
  • 2023-11-24
  • Cryptocurrency Exchanges
  • Cryptocurrency Market Analysis
  • Financial Scams and Security
  • World

KyberSwap Offers 10% Bounty to Hacker in $46 Million Crypto Heist

KyberSwap, a decentralized exchange, has offered a 10% bounty reward to the hacker who stole $46 million on November 22. The exchange is requesting 90% of the stolen funds to be returned by November 25. The hacker targeted KyberSwap’s liquidity solution, KyberSwap Elastic, and made off with approximately $20 million in Wrapped Ether, $7 million […]

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Binance Bitcoin Reserves Decline as Coinbase Gains Ground in Anticipation of BTC ETF Approval
  • bob
  • 2023-11-24
  • Cryptocurrency Exchanges
  • Cryptocurrency Regulations
  • Market Analysis and Predictions
  • North America

Binance Bitcoin Reserves Decline as Coinbase Gains Ground in Anticipation of BTC ETF Approval

Binance, one of the leading cryptocurrency exchanges, has experienced a decline in its Bitcoin reserves as investors have been moving their funds to Coinbase Pro. This shift in reserves comes as BlackRock, a prominent investment management firm, has reportedly taken down Binance in anticipation of the approval of a Bitcoin ETF. The movement of funds […]

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Shibarium Surpasses 4 Million Transactions in Three Months, Demonstrating Rapid Growth and Technological Prowess
  • bob
  • 2023-11-24
  • Cryptocurrency Innovations
  • Cryptocurrency Market Analysis
  • Fintech and Blockchain Startups
  • World

Shibarium Surpasses 4 Million Transactions in Three Months, Demonstrating Rapid Growth and Technological Prowess

Shibarium, the Shiba Inu Layer-2 blockchain, has achieved a significant milestone by surpassing 4 million transactions in just three months since its launch. This remarkable growth highlights the increasing prominence of Shibarium in the blockchain industry, especially considering its relatively short operational period. Despite facing a temporary setback due to a technical glitch shortly after […]

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European Banking Authority Proposes New Anti-Money Laundering Rules for Crypto Providers
  • bob
  • 2023-11-24
  • Cryptocurrency Regulations
  • Europe
  • Fintech and Blockchain Startups
  • Regulatory Developments

European Banking Authority Proposes New Anti-Money Laundering Rules for Crypto Providers

The European Banking Authority (EBA) is proposing updated anti-money laundering rules for crypto providers, with a focus on combatting the financing of terrorism. The EBA has identified that current regulations are insufficient and has published a consultation paper seeking feedback from interested parties. The proposed guidelines include merging the criteria for payment service providers and […]

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Growing Popularity of Self-Custody Wallets Amidst Binance’s Legal Troubles
  • bob
  • 2023-11-24
  • Cryptocurrency Exchanges
  • Cryptocurrency Market Analysis
  • Financial Scams and Security
  • World

Growing Popularity of Self-Custody Wallets Amidst Binance’s Legal Troubles

Self-custody wallets are gaining popularity as more people seek control and security over their digital assets. Trust Wallet and MetaMask are two widely used self-custody wallets, with millions of users globally. Hardware wallets, such as Ledger Live, are also becoming increasingly popular. In the US alone, there are over 4 million crypto wallet users, with […]

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Blast’s $300 Million TVL Reflects Growing Interest in DeFi Amidst Security Concerns
  • bob
  • 2023-11-24
  • Cryptocurrency Innovations
  • Financial Scams and Security
  • World

Blast’s $300 Million TVL Reflects Growing Interest in DeFi Amidst Security Concerns

Reflecting on the rapid evolution witnessed in Ethereum’s price surge past $2K, the launch of Blast in Ethereum’s Layer 2 sector marks a pivotal point in the cryptocurrency landscape. With a staggering $300 million in Total Value Locked (TVL), Blast’s swift ascension not only mirrors its initial excitement when it attracted $30M in record time […]

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  • bob
  • 2023-11-24
  • Australia
  • Cryptocurrency Exchanges
  • Cryptocurrency Regulations
  • Regulatory Developments

CoinW Takes Center Stage at Wiki Finance Expo Sydney, Advocates for Self-Regulation and User Education

CoinW, the world’s leading digital asset exchange, made a significant impact at the Wiki Finance Expo Sydney with a keynote speech delivered by Sonia Shaw, CoinW’s Partner & VP of Partnerships. Shaw’s presentation focused on the challenges and opportunities of centralized exchanges, highlighting three key strategies endorsed by CoinW: self-regulation, a hybrid approach combining decentralized […]

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