Latest News and Articles about Crypto
Google Exposes North Korean IT Workers Infiltrating European Crypto Projects
Google Uncovers North Korean Infiltration in European Crypto Firms Google’s Threat Intelligence Group (GTIG) has exposed a sophisticated operation by North Korean IT workers infiltrating European crypto and blockchain projects, using false identities to generate revenue for their government. North Korean IT workers target crypto and blockchain projects in Europe. These workers use false identities […]
Read MoreFDIC Removes Crypto Pre-Approval: Banks Can Now Engage with Digital Assets
FDIC Lifts Crypto Restrictions: A New Era for Digital Assets in Banking The Federal Deposit Insurance Corp. (FDIC) has made a significant policy shift by eliminating the pre-approval requirement for U.S. banks engaging in cryptocurrency activities. This move, reversing a 2022 mandate, opens the door for banks to dive into the digital asset market without […]
Read MoreTrump’s Tariffs Trigger Crypto and Stock Market Synchronization in 2025
Are Crypto and Stocks Moving in Lockstep in 2025? In 2025, the financial landscape sees cryptocurrencies and traditional stocks more intertwined than ever, largely due to Donald Trump’s return to the White House and his high tariffs. The S&P 500 has dropped over 4%, while the global crypto market cap has plummeted by more than […]
Read MoreAUSTRAC Ramps Up Crackdown on 13 Crypto and Remittance Providers
AUSTRAC Intensifies Crackdown on Crypto and Remittance Providers AUSTRAC, Australia’s financial watchdog, has taken decisive action against 13 remittance and cryptocurrency providers, signaling a major regulatory crackdown aimed at curbing money laundering and financial crimes. With over 50 more providers under review, the agency is not holding back. AUSTRAC targets 13 crypto and remittance providers […]
Read MoreRussia and Iran Use Crypto to Bypass Sanctions Amid Economic Isolation
Russia and Iran Leverage Crypto to Navigate Western Sanctions In 2024, Russia and Iran increasingly utilized cryptocurrencies to sidestep Western sanctions, highlighting the adaptability of these nations amid economic isolation. A Chainalysis report revealed that sanctioned entities received $15.8 billion in crypto, representing 39% of illicit transactions, showcasing both the power and the peril of […]
Read MoreThailand Appoints Crypto Experts to Boost Blockchain Ambitions
Thailand Appoints Crypto Leaders to Drive Blockchain Ambition Thailand is ramping up its efforts to become a global leader in blockchain technology with the strategic appointment of Rushi Manche from Movement Labs and Tekin Salimi from Dao5 as advisors to the Thailand International Digital Business & Finance Center (TIDC). Thailand’s TIDC appoints Rushi Manche and […]
Read MoreElizabeth Warren and Trump Team Up to Tackle Crypto Debanking Issue
Elizabeth Warren Joins Forces with Trump to Combat Crypto Debanking U.S. Senator Elizabeth Warren, once a vocal skeptic of cryptocurrencies, has pledged to work with former President Donald Trump to tackle the issue of debanking within the crypto industry. This move comes after revelations from the Federal Deposit Insurance Corporation (FDIC) that crypto-related banking restrictions […]
Read MoreUS Senate Probes Debanking: Crypto Industry Under Fire
US Senate Tackles Debanking: A Threat to Crypto and Free Enterprise The US Senate Committee on Banking, Housing, and Urban Affairs recently held a hearing titled “Investigating the Real Impacts of Debanking in America,” focusing on the alarming trend of financial institutions denying services to crypto businesses and individuals based on their political beliefs. This […]
Read MoreUS Senate to Confront Crypto Debanking on Feb 5: Key Witnesses and Allegations
US Senate Hearing Set to Tackle Crypto Debanking: Key Witnesses and Allegations On February 5, 2025, the US Senate will confront the pressing issue of debanking, particularly within the cryptocurrency sector, during a hearing led by the Senate Banking Committee. This session will explore whether banks are cutting off accounts due to regulatory pressure or […]
Read MoreMessari’s Selkis Warns Trump: Reevaluate Melania’s Crypto Venture for Economic Risks
Messari Founder Urges Trump to Reevaluate Melania Project Amid Concerns of Expertise and Economic Risks Ryan Selkis, the founder of Messari, has advised former President Donald Trump to reconsider his involvement in the Melania Project, a blockchain venture led by Melania Trump, due to concerns about its leadership and potential economic risks. Selkis warns of […]
Read MoreTed Cruz Challenges IRS Crypto Rules with CRA, Sparks Industry Backlash
IRS Crypto Rules Spark Pushback From Texas Senator Ted Cruz Senator Ted Cruz is gearing up for a showdown with the IRS over controversial crypto income reporting rules, signaling a major battle between government oversight and the burgeoning world of decentralized finance. Cruz challenges IRS rule on crypto income reporting using CRA. Rule expands ‘broker’ […]
Read MoreOCBC and Garanti BBVA Embrace Blockchain: Tokenizing Assets and Trading Crypto
OCBC and Garanti BBVA: Pioneering Blockchain and Crypto in Traditional Banking Can traditional banks revolutionize finance with blockchain and crypto? OCBC and Garanti BBVA are betting they can. Singapore’s OCBC is diving headfirst into the blockchain pool with a new service for tokenizing corporate assets, while Turkey’s Garanti BBVA is making its own splash in […]
Read MoreSurge in Telegram Crypto Phishing Scams: Protect Yourself Now
The Rising Tide of Telegram Crypto Phishing Scams: A Wake-Up Call for Crypto Users In the last month alone, Telegram has seen a 50% surge in crypto phishing scams. These fraudulent schemes exploit the platform’s popularity among cryptocurrency enthusiasts, posing significant risks to user safety and the integrity of the crypto community. Surge in Telegram […]
Read MoreFTX Creditors to Receive $1.2B: Navigating Recovery Amid Crypto Industry Challenges
FTX Creditors Set to Receive $1.2 Billion: A Path to Recovery Amid Crypto Turmoil In a significant step towards recovery, FTX, the once-thriving cryptocurrency exchange now in bankruptcy, has announced a comprehensive $1.2 billion compensation plan for its creditors. This plan, set to take effect in early January 2025, aims to offer a financial lifeline […]
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