#Kazakhstan showcased anti-crime efforts at ( Eurasian Group )EAG seminar, blocking 980 illegal #cryptoexchanges, seizing $36.7M. #cryptonews
Multi-faceted approach: Legal framework, AFMRK enforcement, and preventive measures combat virtual asset crime effectively.
https://coinpedia.org/news/kazakhstan-takes-center-stage-at-eag-aims-to-block-980-unlicensed-exchanges/
Multi-faceted approach: Legal framework, AFMRK enforcement, and preventive measures combat virtual asset crime effectively.
https://coinpedia.org/news/kazakhstan-takes-center-stage-at-eag-aims-to-block-980-unlicensed-exchanges/
CoinPedia
Kazakhstan Takes Center Stage at EAG: Aims to Block 980 Unlicensed Exchanges
Kazakhstan made its mark at the 39th Eurasian Group (EAG) Plenary Week in Sanya, China, by actively engaging in discussions on tackling virtual asset
DCG CEO Silbert proposed Genesis-#Gemini merger in 2022, aiming at competing with major #cryptoexchanges.
Genesis-Gemini "Earn" initiative halted in 2022; DCG settles over $1 billion debt amidst complexities. #CryptoNews"
https://coinpedia.org/news/digital-currency-groups-merger-proposal-for-genesis-and-gemini-revealed-in-court-documents/
Genesis-Gemini "Earn" initiative halted in 2022; DCG settles over $1 billion debt amidst complexities. #CryptoNews"
https://coinpedia.org/news/digital-currency-groups-merger-proposal-for-genesis-and-gemini-revealed-in-court-documents/
CoinPedia
Digital Currency Group’s Merger Proposal for Genesis and Gemini Revealed in Court Documents
In recent court documents, an email exchange from 2022 brought an interesting proposal from Barry Silbert, founder and CEO of Digital Currency Group
Nigeria's central bank expresses concerns over unregistered #cryptoexchanges, accuses #Binance of illegal operations.
#Binance exits Nigerian market amid regulatory issues, demanded to disclose top users, executives remain detained. #crypto
https://coinpedia.org/news/binance-to-disclose-top-100-users-and-6m-transaction-history-amidst-the-nigerian-clash/
#Binance exits Nigerian market amid regulatory issues, demanded to disclose top users, executives remain detained. #crypto
https://coinpedia.org/news/binance-to-disclose-top-100-users-and-6m-transaction-history-amidst-the-nigerian-clash/
CoinPedia
Nigeria Government Presses Binance to Reveal Top 100 Local User Data
Nigeria's central bank is sounding the alarm over lost tax revenue due to unregistered crypto exchanges, notably targeting Binance, accusing it of illegal
#Poloniex hacker launders $308,000 via #Tornado Cash, accumulating $182 million in various #cryptocurrencies.
Suspected Lazarus Group member behind Poloniex hack, highlighting need for enhanced security measures in #cryptoexchanges.
https://coinpedia.org/news/hacker-linked-to-poloniex-laundered-308k-in-ethereum-through-tornado-cash/
Suspected Lazarus Group member behind Poloniex hack, highlighting need for enhanced security measures in #cryptoexchanges.
https://coinpedia.org/news/hacker-linked-to-poloniex-laundered-308k-in-ethereum-through-tornado-cash/
CoinPedia
Poloniex Hacker Launders $308K ETH Through Tornado Cash
Shockingly, crypto hackers are getting more and more brazen by the day. The Poloniex hacker, known by the mysterious address 0x3E…fDFd, has executed a
Top #CryptoNews This Week
1️⃣ #Grayscale's #GBTCETF nets $28.195 million, while #Fidelity's #FBTC leads with $379 million inflow.
2️⃣ SEC Chair #Gensler suggests slow #ETHETF approval, criticizes #cryptoexchanges' activities as unconventional.
3️⃣ ECB cuts rates by 25 basis points, forecasts inflation increase, expects moderate easing amid strong domestic pressures.
4️⃣Bank of Canada cuts rates to 4.75%, aiming to support economic growth amid declining #inflation.
5️⃣#Bitpanda partners with Deutsche Bank for real-time #crypto payments, enhancing German user experience.
6️⃣ #Robinhood to acquire Bitstamp for $200 million, subject to regulatory approval, expanding global presence
7️⃣ #Bybit opens registration for mainland China users, causing internal panic; aims to tap into new markets
8️⃣ Chinese student sentenced to 4 years for #Memecoin fraud; issued BFF causing losses over 50,000 USDT
9️⃣#Vitalik Buterin criticizes celebrity involvement in crypto, calls for focus on public interest initiatives
1️⃣ #Grayscale's #GBTCETF nets $28.195 million, while #Fidelity's #FBTC leads with $379 million inflow.
2️⃣ SEC Chair #Gensler suggests slow #ETHETF approval, criticizes #cryptoexchanges' activities as unconventional.
3️⃣ ECB cuts rates by 25 basis points, forecasts inflation increase, expects moderate easing amid strong domestic pressures.
4️⃣Bank of Canada cuts rates to 4.75%, aiming to support economic growth amid declining #inflation.
5️⃣#Bitpanda partners with Deutsche Bank for real-time #crypto payments, enhancing German user experience.
6️⃣ #Robinhood to acquire Bitstamp for $200 million, subject to regulatory approval, expanding global presence
7️⃣ #Bybit opens registration for mainland China users, causing internal panic; aims to tap into new markets
8️⃣ Chinese student sentenced to 4 years for #Memecoin fraud; issued BFF causing losses over 50,000 USDT
9️⃣#Vitalik Buterin criticizes celebrity involvement in crypto, calls for focus on public interest initiatives
Top #Cryptonews in Past 12 Hours
1️⃣#Gamestop's($GME) price surge stopped for weeks, dropping significantly due to an 18% decline linked to a lawsuit.
2️⃣Swiss government-owned PostFinance launches trading for $XRP, $ADA, $SOL, $AVAX, and $DOT #cryptocurrencies, plus custody services.
3️⃣#German government sells over 5,000 Bitcoins (10% of holdings) since June 18, affecting BTC price.
4️⃣#Binance celebrates court win, SEC claims on BNB not securities, prepares for ongoing legal battles.
5️⃣Danish regulators clarify: No plans to ban self-custodial cryptocurrency wallets despite recent social media rumors.
6️⃣Monetary Authority of Singapore (MAS) raises risk level for #cryptoexchanges to medium-high under updated anti-terrorism financing laws.
1️⃣#Gamestop's($GME) price surge stopped for weeks, dropping significantly due to an 18% decline linked to a lawsuit.
2️⃣Swiss government-owned PostFinance launches trading for $XRP, $ADA, $SOL, $AVAX, and $DOT #cryptocurrencies, plus custody services.
3️⃣#German government sells over 5,000 Bitcoins (10% of holdings) since June 18, affecting BTC price.
4️⃣#Binance celebrates court win, SEC claims on BNB not securities, prepares for ongoing legal battles.
5️⃣Danish regulators clarify: No plans to ban self-custodial cryptocurrency wallets despite recent social media rumors.
6️⃣Monetary Authority of Singapore (MAS) raises risk level for #cryptoexchanges to medium-high under updated anti-terrorism financing laws.
Top #CryptoNews in Past 12 Hours
1️⃣ On July 24, #EthereumETFs saw $133 million in net outflows, with Grayscale ETFs losing $327 million.
2️⃣ On July 24, #Bitcoin spot ETFs gained $44.5094 million, with Grayscale losing $26.2153 million and BlackRock gaining $65.9946 million.
3️⃣A Bitcoin #mining device, 500 Gh/s, mined a block on July 24, beating 1 in 1.1 billion odds. The device, called a “Bitaxe,” and produced by D-Central
4️⃣Today, the Core Foundation adopted a Dual Staking model, securing $165M in dapp TVL with 55% Bitcoin hash power.
5️⃣Anthony Scaramucci reported that Harris, in a potential administration, was open to crypto and would handle it more gently.
6️⃣ FOX Business reported that Senator Cynthia Lummis announced BTC reserve legislation at the Bitcoin Conference to stabilize the dollar.
7️⃣HSBC Australia announced on July 24, 2024, it would block payments to #cryptoexchanges from bank accounts and credit cards.
1️⃣ On July 24, #EthereumETFs saw $133 million in net outflows, with Grayscale ETFs losing $327 million.
2️⃣ On July 24, #Bitcoin spot ETFs gained $44.5094 million, with Grayscale losing $26.2153 million and BlackRock gaining $65.9946 million.
3️⃣A Bitcoin #mining device, 500 Gh/s, mined a block on July 24, beating 1 in 1.1 billion odds. The device, called a “Bitaxe,” and produced by D-Central
4️⃣Today, the Core Foundation adopted a Dual Staking model, securing $165M in dapp TVL with 55% Bitcoin hash power.
5️⃣Anthony Scaramucci reported that Harris, in a potential administration, was open to crypto and would handle it more gently.
6️⃣ FOX Business reported that Senator Cynthia Lummis announced BTC reserve legislation at the Bitcoin Conference to stabilize the dollar.
7️⃣HSBC Australia announced on July 24, 2024, it would block payments to #cryptoexchanges from bank accounts and credit cards.
#Binance Faces $86 Million Tax Bill from India
#Crypto #CryptoNews
🔵Massive Tax Bill Issued: India has issued an $86 million tax bill to Binance for allegedly not registering under the Indian GST framework.
🔵Regulatory Efforts Intensify: This tax notice is part of India's broader strategy to regulate #cryptoexchanges operating within the country.
🔵Increased Scrutiny: Binance, the world's largest crypto exchange, is under heightened scrutiny from Indian authorities.
🔵Ongoing Compliance Issues: The substantial tax bill reflects continued challenges Binance faces regarding compliance with Indian regulations.
#Crypto #CryptoNews
🔵Massive Tax Bill Issued: India has issued an $86 million tax bill to Binance for allegedly not registering under the Indian GST framework.
🔵Regulatory Efforts Intensify: This tax notice is part of India's broader strategy to regulate #cryptoexchanges operating within the country.
🔵Increased Scrutiny: Binance, the world's largest crypto exchange, is under heightened scrutiny from Indian authorities.
🔵Ongoing Compliance Issues: The substantial tax bill reflects continued challenges Binance faces regarding compliance with Indian regulations.
🔥Breaking: Russia's Crypto Trials Begin Sept. 1🔥
🔵According to a Bloomberg report Trials for #cryptoexchanges and digital payments start Sept. 1 in Russia.
🔵Aimed at easing payment issues caused by international sanctions.
🔵National Payment Card System will be involved in these trials.
🔵Could lead to the establishment of regulated crypto trading platforms.
#Crypto #CryptoNews #Putin
🔵According to a Bloomberg report Trials for #cryptoexchanges and digital payments start Sept. 1 in Russia.
🔵Aimed at easing payment issues caused by international sanctions.
🔵National Payment Card System will be involved in these trials.
🔵Could lead to the establishment of regulated crypto trading platforms.
#Crypto #CryptoNews #Putin
Top #CryptoNews of This Week
1️⃣China’s central bank announced significant stimulus measures, boosting stock and bond markets since the pandemic
2️⃣U.S. VP Harris committed to making the U.S. dominant in #blockchain & AI
3️⃣#CZ was released early from prison on 27th Sept 2024 after spending 2 months
4️⃣U.S. SEC settled with TrustToken & TrueCoin for defrauding investors, paying millions in fines
5️⃣Telegram updated its privacy policy, sharing user data with authorities after CEO's arrest
6️⃣#Ethereum’s active accounts dropped as transaction fees increased, reaching the lowest levels since 2023
7️⃣Binance launched pre-market spot trading, allowing users to trade tokens before official listings.
8️⃣Bybit launched the world’s first Sharia-compliant crypto account, offering 75 Islamic trading tokens
9️⃣Alameda Research’s Caroline Ellison sentenced to 2 years, forfeiting $11 billion
🔟Swedish police identified illegal #cryptoexchanges as professional money launderers, detailing four laundering patterns
1️⃣China’s central bank announced significant stimulus measures, boosting stock and bond markets since the pandemic
2️⃣U.S. VP Harris committed to making the U.S. dominant in #blockchain & AI
3️⃣#CZ was released early from prison on 27th Sept 2024 after spending 2 months
4️⃣U.S. SEC settled with TrustToken & TrueCoin for defrauding investors, paying millions in fines
5️⃣Telegram updated its privacy policy, sharing user data with authorities after CEO's arrest
6️⃣#Ethereum’s active accounts dropped as transaction fees increased, reaching the lowest levels since 2023
7️⃣Binance launched pre-market spot trading, allowing users to trade tokens before official listings.
8️⃣Bybit launched the world’s first Sharia-compliant crypto account, offering 75 Islamic trading tokens
9️⃣Alameda Research’s Caroline Ellison sentenced to 2 years, forfeiting $11 billion
🔟Swedish police identified illegal #cryptoexchanges as professional money launderers, detailing four laundering patterns