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Paxos receives two in-principle approvals in Abu Dhabi
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Paxos receives two in-principle approvals in Abu Dhabi

December 4, 2023 sly bacusmo

[ad_1] Paxos has received two in-principle approvals from the Financial Services Regulatory Authority in the Abu Dhabi Global Market (ADGM). The company will issue USD-pegged stablecoins as well as crypto brokerage and custody services. Blockchain […]

US Crypto Startups Face Adoption Slowdown and Difficult Regulations
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Is US Losing Its Crypto Startup Shine to Tightening Regulations?

December 3, 2023 sly bacusmo

[ad_1] Home to the world’s largest economy, Silicon Valley, and an ample supply of talent and investment, the United States has a certain appeal to budding crypto startups. But stalling local adoption, an uncertain regulatory […]

Binance’s explosive growth led to compliance failures
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Binance’s explosive growth led to compliance failures

December 3, 2023 sly bacusmo

[ad_1] “As part of the settlement, CZ cannot be involved in the day-to-day running of the company’s operations,” Richard Teng explains. Despite that, the incumbent CEO of Binance cuts the figure of a man reveling […]

Appellate judge denies Sam Bankman-Fried's request for immediate release from jail
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Appellate judge denies Sam Bankman-Fried’s request for immediate release from jail

September 6, 2023 sly bacusmo

[ad_1] Former FTX CEO Sam Bankman-Fried, also known as SBF, lost an initial appeal to return to being free on bail prior to his criminal trial. In a Sept. 6 filing in the United States […]

DeFi Hack Worth $3.4M Strikes EraLend, zkSync's Top Lender
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DeFi Hack Worth $3.4M Strikes EraLend, zkSync’s Top Lender

September 6, 2023 sly bacusmo

[ad_1] Share this article EraLend, a lending protocol on Ethereum’s scaling blockchain, zkSync, faced a substantial exploit that resulted in a loss of $3.4 million, according to an analysis by CertiK, a leading firm in […]

Elon Musk's X platform has payments licenses in seven US states
Business

Elon Musk’s X platform has payments licenses in seven US states

September 5, 2023 sly bacusmo

[ad_1] The most recent payment license that X obtained was from Rhodes Island. Some of the US states that X has received clearance for payment processing include Arizona, Maryland, and Georgia. Elon Musk has previously […]

Hong Kong Police Take Down $65 Million Triad Money Laundering Operation
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Hong Kong Police Bust Vast Triad Money Laundering Ring

September 4, 2023 sly bacusmo

[ad_1] Police in Hong Kong have arrested 458 people in relation to an extensive organized crime money laundering network. The sting reportedly brought down a Triad-controlled operation that used crypto trades to wash the proceeds […]

Hodler’s Digest, Aug. 27 – Sept. 2 – Cointelegraph Magazine
Business

Hodler’s Digest, Aug. 27 – Sept. 2 – Cointelegraph Magazine

September 3, 2023 sly bacusmo

[ad_1] Top Stories This Week  Grayscale wins SEC lawsuit for Bitcoin ETF review Crypto asset manager Grayscale Investments recently scored a big win in its battle against the United States Securities and Exchange Commission.  In […]

Binance Rolls Out Seed and Monitoring Tags for High-Volatility Tokens
Business

Binance Rolls Out Seed and Monitoring Tags for High-Volatility Tokens

September 3, 2023 sly bacusmo

[ad_1] Share this article Binance, a global leader in the cryptocurrency exchange space, announced on July 16 its initiative to better educate users on the risks associated with high-volatility tokens, launching the Seed and Monitoring Tags. […]

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