Cryptocurrency News

A new report warns that the adoption of global stablecoins in emerging markets and developing economies poses significant financial risks and regulatory challenges. The adoption of global stablecoins (GSCs) presents heightened risks and regulatory challenges in emerging markets and developing economies (EMDEs), according to a new report from the Financial Stability Board (FSB). On July 23,…Read More

The Japanese joint venture will focus on ETFs and other “emerging asset classes,” including digital assets and cryptocurrency. Asset management giant Franklin Templeton is partnering with SBI Holdings to establish a new cryptocurrency exchange-traded fund (ETF) management company in another major development for crypto ETFs.The two firms officially signed a Memorandum of Understanding (MoU) for…Read More

Bitcoin is not the sole cryptocurrency that has seen its hashtag emoji removed from X amid the Bitcoin 2024 Conference kicking off on July 25. Elon Musk’s X is once again causing a stir in the cryptocurrency community by removing cryptocurrency emojis, which had been in use for over four years.The crypto community on X…Read More

Pixelverse co-founder Kori Leon said their organization is taking a different approach by building a strong user base without “unrealistic” promises. While gaming continues to be an integral part of Web3, some argue that despite significant fundraising for launches, poor gameplay has shown a “disappointing” side of blockchain-based games. Kori Leon, co-founder of the TON-based gaming…Read More

BTC price action resembles Deja vu from last week, as a trip toward range highs precedes Donald Trump’s Bitcoin conference speech. Bitcoin may be seeing “impulsive” upside, analysis warns as markets brace for key news events.In a July 26 X post, popular trader Crypto Ed joined those cautioning over the latest Bitcoin (BTC) price spike above $67,000.Bitcoin may…Read More

PRESS RELEASE. Swapuz, a leading platform for cryptocurrency swaps, proudly announces the integration of its proprietary liquidity for swap processing. This strategic initiative is set to significantly enhance the platform’s operational efficiency and reliability, providing users with an optimized experience in digital asset transactions. Revolutionizing Financial Transactions with Digital Innovation The integration of globalized approaches…Read More

Steven Drawdy, 40, of Grovetown, Georgia, has been sentenced to 32 months in U.S. prison for wire fraud after defrauding over 40 customers in a cryptocurrency computer scheme. Drawdy, who participated in an online cryptocurrency discussion forum, received more than $1.1 million from victims between August 2021 and April 2022, promising to deliver cryptocurrency mining…Read More

The Washington State Department of Financial Institutions (DFI), Securities Division, has warned about crypto investment fraud following a complaint from a resident regarding their investment in the Miami Foundation Equity Fund 005 (or Miami Equity Fund Institute 005). The investor had deposited funds on the now-inaccessible Vims.one platform through a Whatsapp group led by “Mark”…Read More

Hive Digital, a public green bitcoin mining company, announced plans to build a 100MW site in Paraguay, having connected with President Santiago Peña and his cabinet. Hive stated that stability in government fiscal policies, such as energy pricing and taxation, will be a key factor in the expansion and completion of these plans, likely referring…Read More

The Libyan dinar’s recent devaluation has been blamed on a flood of illicit banknotes exchanged for U.S. dollars. A report identified the Russian state money printer as a potential source of the banknotes, which the Central Bank of Libya has labelled counterfeit. Russia Linked to Illicit Libyan Banknotes A June 24 Reuters report said the…Read More