Crypto Blog — Page 2 of 17
In-depth crypto education, investment guides, and market commentary.
401 total posts
Chinese Executive Killed in Cambodia After Family Couldn't Pay $2 Million Crypto Ransom
Crypto ransom and tragic murder This shocking incident highlights the dangers of the crypto world and how it can be used for criminal activities. The victim, Wu Shuoyan, was the chairman of a major real estate company in China and was in Cambodia for a business trip. His captors demanded a ransom of $2 million in crypt
Kraken ‘plans' regulated perp contracts as rivals are quick off the blocks
What are Perpetual Futures Contracts? Perpetual futures contracts are a type of derivative that allows traders to bet on the future price of an asset, in this case, Bitcoin. These contracts have no expiration date, unlike traditional futures contracts, and are settled daily. This means that traders do not have to worry
Exclusive: From lottery draws to fiscal spending, China broadens digital yuan footprint
Digital Yuan: China's Push for a Cashless Society With the rise of technology and the increasing popularity of cryptocurrencies, many countries are exploring the idea of a cashless society. China, in particular, is making a bold move towards this with its digital yuan. Let's take a closer look at this development and w
U.S. CFTC opens crypto 'perp' door with first approval at regulated firm
This move has been highly anticipated by the crypto community and has sparked a lot of discussion on social media platforms such as Twitter and Reddit. Crypto Perpetual Futures Contracts: The CFTC has outlined guidelines for U.S. firms looking to offer crypto perpetual futures contracts. These contracts allow traders t
SEC approves Paxos as ‘blockchain-native' clearing agency
Paxos Approval as Blockchain-Focused Clearing Agency The recent approval of Paxos as a blockchain-focused clearing agency has caused a stir in the financial market. Paxos, a trusted name in the crypto space, has been granted the much-awaited stamp of approval from the Securities and Exchange Commission (SEC). This mark
Crypto companies without EU licences face prosecution, French regulator warns
Regulation Deadline Looms for Crypto Companies in France France's Autorité des Marchés Financiers (AMF) has issued a stern warning to all crypto companies operating within the country. The regulatory body has made it clear that all crypto entities must obtain a license from the European Union (EU) by the end of June or
Wall Street gets new crypto rival after Texas bank completes regulatory pivot
Introducing the National Charter for Digital Banking United Texas Bank has officially launched its National Charter for Digital Banking, a groundbreaking initiative that aims to revolutionize the world of finance. This charter, established under the executive branch, will pave the way for the widespread adoption of AI-
SoFi brings bank-issued stablecoin to 15 million users in crypto push
What is a Stablecoin? A stablecoin is a type of cryptocurrency that is pegged to a stable asset, such as a fiat currency like the US dollar. This means that its value is not subject to the same volatility as other cryptocurrencies like Bitcoin or Ethereum. Some popular stablecoins in the market include Tether (USDT), U
Binance eyes Philippines return through SEC sandbox partnership
What is Binance? Binance is a popular cryptocurrency exchange platform that allows users to buy, sell, and trade a wide variety of digital assets. It was founded in 2017 by Changpeng Zhao and has quickly become one of the largest and most influential exchanges in the crypto market. The Controversy Surrounding Binance i
‘TrapDoor' malware targets crypto dev tools in supply chain attack
The Danger of Malicious Packages: Crypto users beware! A new threat has emerged in the form of malicious packages. These sneaky codes are specifically designed to steal your valuable crypto assets. The most recent target of these attacks are popular AI coding assistants, which are widely used by developers to enhance t
Kraken Secures VARA Approval to Launch Crypto Trading and Staking in UAE
Expansion in the UAE Payward, the San Francisco-based operator of the popular cryptocurrency exchange Kraken, has been granted preliminary approval from the Dubai Multi Commodities Centre (DMCC) to set up a new entity called Kraken Financial. This new entity will be the first regulated crypto bank in the UAE and will o
OKX and ICE are bringing 'never-expiring' oil futures to 120 million crypto users
Hyperliquid's Oli Futures Contracts: Revolutionizing the Crypto Market Crypto enthusiasts and investors alike have been buzzing about the recent partnership between Hyperliquid and major oil companies. This collaboration marks a significant milestone in the world of cryptocurrency, as Hyperliquid's innovative Oli futur
Crypto exchange Blockchain.com confidentially files for IPO
What is Blockchain.com? Blockchain.com is a popular cryptocurrency exchange that allows users to buy, sell, and store various cryptocurrencies such as Bitcoin, Ethereum, and more. It was founded in 2011 and has since become one of the leading platforms in the crypto industry. Confidential IPO Filing: On Thursday, Block
TradFi giant IG to expand crypto trading across Europe through Bitpanda
Expanding Crypto Offerings The decision to expand its crypto offerings comes as a response to growing demand for digital assets among its customers. With the rise of cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC), more and more people are looking to incorporate digital assets into their inve
Telegram group at center of Jane Street insider-trading allegations in Terra collapse
Bryce's Secret Chat: The recent unsealing of court documents has revealed a private chat group referred to as Bryce's Secret, which has caused a stir in the crypto community. This chat, allegedly used by members of the hedge fund Terraform Capital, has been accused of giving Jane Street an unfair advantage before the c
Changpeng Zhao Warns Crypto Devs to Rotate API Keys After GitHub Hack
The Breach and its Impact The breach, which was discovered on May 1st, 2021, was caused by a hacker who gained unauthorized access to a GitHub employee's account. The hacker then proceeded to plant a malicious plugin on the employee's computer, allowing them to steal code from thousands of internal repositories. This h
Republican lawmakers call for permanent CBDC ban as House vote approaches
The Anti-CBDC Surveillance State Act As the use of cryptocurrencies continues to rise, concerns about government surveillance and control over these digital assets have also increased. In response, Representative Tom Emmer has introduced the Anti-CBDC Surveillance State Act, which aims to protect the privacy and securi
Mike Novogratz's Galaxy receives New York BitLicense for institutional crypto push
New York BitLicense Approval Galaxy Digital, a leading cryptocurrency investment firm, recently announced that it has obtained a coveted New York BitLicense from the New York State Department of Financial Services (NYDFS). This regulatory approval is a significant milestone for the company, as it allows them to operate
Yet another crypto bridge falls victim to an $11 million hack
What Happened? The latest attack, which targeted a popular cross-chain infrastructure protocol, has sent shockwaves throughout the cryptocurrency community. The exploit, which was carried out by a group of hackers, resulted in the loss of millions of dollars worth of crypto assets. Which Protocol was Targeted? The atta
SBI, Rakuten, Nomura line up to launch crypto investment trusts: Report
What are Crypto Investment Trusts? Crypto investment trusts are financial products that allow investors to gain exposure to cryptocurrencies without directly owning them. These trusts hold a basket of different cryptocurrencies and investors can buy shares in the trust, which represent their stake in the underlying ass
Kraken parent Payward cuts 150 staff, streamlining business ahead of planned IPO
Fresh Funding at $20 Billion Valuation The crypto industry continues to gain mainstream attention and adoption, leading to the rapid growth of crypto exchanges. To support its expansion, our exchange is currently seeking fresh funding at a valuation of $20 billion, which is a testament to the market's confidence in the
Polish lawmakers adopt crypto regulation amid multi-million dollar fraud probe
Regulation in the Crypto Space The bill, which still needs to be signed by the president, aims to bring more transparency and stability to the cryptocurrency market in Poland. It requires cryptocurrency exchanges to register with the country's financial regulator and comply with anti-money laundering laws. This move is
US Senate committee to weigh crypto bill in milestone for digital assets
What is the legislation? The legislation, known as the "Cryptocurrency Regulation Act," aims to establish a framework for cryptocurrency regulation in the United States. It would require cryptocurrency companies to register with the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commissi
Crypto wallet provider Ledger puts U.S. IPO plans on hold due to market conditions
Reassessing Plans: After initially planning for a potential $4 billion U.S. listing, the French crypto security firm is now reassessing its public market plans. The company's hesitation comes as volatile conditions in the crypto market have caused a decrease in investor appetite for crypto IPOs. Hashtags: #cryptoipos #