Crypto

Mastercard has announced a partnership with Feedzai, renowned for AI capabilities, combating online financial crime, and addressing the surge in cryptocurrency fraud. Feedzai’s fraud detection transforms the game, joining forces with Mastercard’s CipherTrace Armada for real-time detection, departing from traditional API access. According to the report, Nuno Sebastio, Feedzai’s CEO, asserts the collaboration extends beyond identifying […]

A crypto trading company in Taipei, known as Kronos Re­search, confessed to a se­curity leak. This led to a $26 million hack due to unsanctione­d access to its API keys. This eve­nt put a temporary stop to trading actions on the Woo network. The­ Woo network is a notable platform for crypto trading. Kronos Rese­arch […]

A Hong Kong-based crypto exchange, Hashkey, witnessed a massive sell-off of over $90 million worth of Ethereum in the last 10 days. The wallet linked to Hashkey sold 50,115 ETH on Binance and OKX exchanges at an average price of $2,047, withdrawing $89.6 million and $12.95 million. This selling activity led to a 4% dip […]

In a recent interview with Bloomberg, Mike Belshe, CEO of BitGo, a prominent cryptocurrency exchange, expressed optimism regarding the approval of a Bitcoin Exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC). However, Belshe cautioned that challenges lie ahead in the form of potential rejections before the positive news emerges. BitGo: Navigating Highs […]

Anticipation among global asset managers for spot Bitcoin ETF approval is fervent, but BitGo CEO Mike Belshe harbors reservations. Belshe questions the likelihood of the US Securities and Exchange Commission (SEC) greenlighting spot Bitcoin ETF applications, citing concerns about Coinbase’s dual role as both an exchange and custodian. BitGo CEO Skeptical of SEC Approval for […]

Lawmakers from both parties in the­ U.S. have asked the Tre­asury to rethink their proposed digital-asse­ts tax system. The lawmakers support crypto de­legates and lawyers. The­y agree that the tax plan is unsafe­ and an inappropriate overstep. Patrick McHenry, head of the House Financial Service­s Committee (R-NC), worked on a project with Ritchie­ Torres (D-NY) […]

Bitget, a crypto trading platform, has abandoned ambitions to get a Virtual Asset Trading Platform (VATP) license in Hong Kong, citing business and market concerns. Bitget officially announced on November 13 that its Hong Kong division, BitgetX, accessible by the domain BitgetX.hk, will cease operations by December 13, 2023. The announcement notes that Bitget decided […]

Can Sun, the former FTX general counsel, lead former executives from FTX to establish a new cryptocurrency exchange after its bankruptcy. The motivation to correct the mistakes that led to the collapse of FTX is driving this initiative. The goal is to rebrand it within the crypto landscape strategically. Sun is a key witness who […]

There is also no confirmation that South Korean crypto exchange Bithumb is planning for the IPO. Local media only said that they recently selected an underwriter for them. The virtual monetary firm, Bithumb, will be the first crypto company to offer its shares in the KOSPI Stock Market. On November 12, local news outlet Edaily […]