Global web3 technology company OKX has launched its crypto exchange and Web3 wallet platform in Brazil, aiming to provide Brazilian users with a secure gateway to decentralized finance (DeFi) and crypto trading. The move comes as the South American nation continues to make significant progress in crypto adoption and cements itself as one of the […]
Inferno Drainer, one of the most popular crypto wallet-draining kits available for hire, says it’s shutting down after helping phishing scammers steal almost $70m worth of crypto this year. The team behind Inferno Drainer said in a Nov. 26 Telegram post that it was “time for us to move on.” They said they would not […]
BitMEX co-founder Arthur Hayes has shared his insights concerning a potential Bitcoin (BTC) rally on platform X. Alongside a chart depicting changes in net Reverse Repurchase Agreements (RRP) and Treasury General Account (TGA) balances, Hayes specifically referred to US Treasury Secretary Janet Yellen as “Bad Gurl Yellen.” In his statement, Hayes advised fellow Bitcoin enthusiasts […]
Tether and Bitfinex stated in a transparency-driven decision that they will not appeal the Freedom of Information Law request made by several media. They made this choice to uphold transparency, as mentioned in their statement. Furthermore, Tether and Bitfinex have agreed to withdraw the original opposition to a Freedom of Information Law (FOIL) request filed […]
On the 24th of November, the UK government leaped, accepting the use of blockchain platforms for fund tokenization by authorizing specific funds. This is a proactive measure by the government that portrays its interest in promoting innovations in finance. The groundbreaking proposal, greenlighted officially by the UK government, empowers authorized funds to adopt tokenization in […]
In Australia Securities and Investments Commission (ASIC) is intensifying its scrutiny of the cryptocurrency market, issuing fresh warnings ahead of upcoming government regulations. ASIC has raised concerns about the risks associated with cryptocurrencies, labeling them as “created out of nothing.” Last year, ASIC Chair Joseph Longo cautioned investors against going all-in on cryptocurrencies due to […]
Recent moves by the largest cryptocurrency exchange, Binance, to remove several bitcoin-Ethereum pairings have caused a stir as they are under more regulatory scrutiny. The move is meant to address legal obstacles that have been affecting the digital assets industry with effect from Nov. 28. Binance announced the delisting of Bitcoin and Ethereum cross-margin and […]
Crypto exchange Bitget is expanding with Arabic language support in the Middle East and North Africa. The MENA region, comprising 21 countries, is a vital economic hub. Bitget aims for grassroots adoption by offering native lingual support for Fiat gateways in seven currencies. On November 23, Bitget announced Arabic language support for over 11 countries […]
Netflix’s Conquest director, Carl Erik Rinsch, allegedly diverted $11 million from the show’s $55 million budget into risky stock and crypto bets, scoring big on a $4 million Dogecoin gamble when its value surged to $0.08, yielding $27 million. Rinsch now seeks an additional $14 million from Netflix, citing a breach of contract in an […]