According to CoinDesk, Swiss cryptocurrency trading platform and artificial intelligence-led investment house Smart Valor is exploring the possibility of selling all or part of its business. CEO and co-founder Olga Feldmeier said in an interview that the company is conducting a strategic review after receiving a large number of inquiries from large global exchanges, cryptocurrency platforms, and traditional financial (TradFi) institutions, including banks and trading platforms. The European Unio...
The Trumps' "coin launch" has polarized opinion in the cryptocurrency industry, with some seeing it as an innovative venture and others as a predatory tactic to exploit the viscosity of Trump's fans. Morningstar head Kenneth Lamont has told investors not to trade cryptocurrencies without proper knowledge of the risks involved, "If Trump follows through on his campaign promises,...
According to Coinglass data, in the past week, the major cryptocurrency exchanges have accumulated 11,020 bitcoins, including Coinbase Pro outflow of 8272.50, Binance outflow of 3469.23, and Bitfinex inflow of 1584.71. At present, the cumulative balance of bitcoin on crypto exchanges is 2.1943 million.
The Giving Block, a company that works with nonprofits to promote cryptocurrency donations, has launched an emergency fundraiser for victims of the Los Angeles wildfires in Southern California. Ben Pousty, chief operating officer of The Giving Block, said the goal of the fundraiser is to raise $2 million, while Jared Isaacman, CEO of Shift4, the parent company of The Giving Block, will donate $1 million to the charity. Since its inception, its platform has raised about $200 million in cryptocurr...
Liechtenstein crypto exchange LCX has officially submitted a pre-application for a MiCA license for the pan-European crypto asset market. If approved, LCX will become one of the first regulated cryptocurrency exchanges to comply with European MiCA regulations.
Russian Central Bank Governor Nabiullinna: We have no plans to invest in cryptocurrencies.
Speaking at Abu Dhabi Financial Week, crypto exchange Binance CEO Richard Teng said the company is still considering potential locations for its global headquarters, with tax laws and the ability to attract talent being key factors in making that decision, according to Techinasia. Teng did not disclose which regions are being considered.
Nigerian cryptocurrency exchange Bitmama has temporarily suspended its virtual Mastercard service due to unforeseen issues with its providers. The current situation comes as African fintech companies are facing card service challenges, including exchange rate fluctuations, chargeback fraud and insufficient funding. Some fintech companies blame provider issues, while others cite high costs and limited revenue opportunities. Despite these obstacles, some fintech companies such as Bitmama and Chipp...
According to FOX Business, New York's top cryptocurrency regulator - the New York Department of Financial Services (NYDFS) - is about to approve a new stablecoin, RLUSD, issued by cross-border transfer firm Ripple. According to people familiar with the matter, the New York Department of Financial Services has informed Ripple that it will approve the product, which the company plans to launch on December 4. If approved, Ripple would be able to legally offer RLUSD to the public, making it a major ...
The Reddit crypto sub-forum r/cryptocurrency has partnered with Unstoppable Domains to launch the ".MOON" on-chain domain, which is also reported to be the first blockchain domain based on the Reddit community. The service is built on the Polygon blockchain and allows Reddit's crypto sub-forum community members to establish digital identities and interact with over 865 blockchain applications and wallets, enabling the sending and receiving of cryptoassets and NFTs while creating unique digital p...
Reddit加密子论坛r/cryptocurrency与Unstoppable Domains合作推出“.MOON”链上域名,据悉这也是第一个基于Reddit社区的区块链域名,该服务建立在Polygon区块链上,允许Reddit的加密子论坛社区成员建立数字身份并与超过865个区块链应用程序和钱包进行交互,支持在创建独特的数字配置文件的同时发送和接收加密资产和NFT。
Ennoventure, a blockchain-based cryptosignature solution provider based on artificial intelligence, announced the completion of a $8.90 million Series A financing round led by Tanglin Venture Partners, including Fenice Investment Group and other SAFE investors. The specific valuation information has not been disclosed. The Ennoventure platform uses artificial intelligence and blockchain technologies to scan information through applications to track product packaging for product certification and...
Brazil's central bank is preparing to open the cryptocurrency market to traditional Financial Institutions Groups, which will be able to do business in the sector with clarity after the upcoming regulations are enacted. Small cryptocurrency startups may face the challenge of regulating their situation as the framework will impose high thresholds.
The Department of Justice charged Maximiliano Pilipis, the operator of cryptocurrency exchange AurumXchange, with money laundering on Oct. 28, 2024. The exchange is said to have processed more than 100,000 transactions totaling more than $30 million during its operations, partly funded by the dark web marketplace Silk Road. The investigation revealed that Pilipis operated the exchange without a license between 2009 and 2013, collecting about 12,000 yuan.
Blockchain key management platform Cubist has launched a cross-chain bridge security system "Bascule" under the leadership of a professor at Carnegie Mellon University.