Tag: news.bitcoin

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Australian Court Rules Against BPS Financial for Unlicensed Crypto Operations

The Federal Court of Australia has ruled against BPS Financial for operating “Qoin Wallet” without proper licenses The Australian Securities and Investments Commission (ASIC) underscores

India Announces ‘Successful’ Crackdown on E-Nugget Scam — Seizes $10M in Crypto From Exchanges

India’s Enforcement Directorate has declared its multi-year crackdown on the “E-Nugget” scam in Kolkata successful The operation has resulted in cash and crypto seizures, along with

Sui Surpasses Solana in Daily Transactions Amidst Spam Token Frenzy

Sui, a scalability-focused blockchain, has surpassed Solana, a top 10 cryptocurrency network, in activity levels, registering 41 million transactions on April 3 The activity overheating on Sui is

Blackrock’s BUIDL Fund Overtakes Franklin Templeton to Become Largest RWA Tokenized Offering

Based on the most recent figures, Blackrock’s USD Institutional Digital Liquidity Fund, also known as BUIDL, has expanded to $38176 million, overtaking Franklin Templeton’s onchain investment

Epic Satoshi ​​Spurs Launch of New Runes Tokens With $88M Market Cap

According to onchain data, the ‘epic satoshi’ sold for 333 BTC has been inscribed, now linked to a freshly minted Runes protocol coin named

The Halving Effect: Bitcoin Hashrate Decreases as Miners Prepare for Probable Difficulty Drop

Just over two weeks have passed since the fourth Bitcoin halving took place During this period, the network’s hashprice dropped from over $100 per petahash to below $45 at the beginning of May

Class Action Lawsuit Claims Coinbase Operates as Unregistered Broker

A new class action lawsuit was initiated against the San Francisco-based cryptocurrency exchange Coinbase on May 3 The legal action claims that Coinbase deliberately sold securities that are

BTC Ponzi Scheme Mastermind Suffers Heart Attack, Analyst Eyes $300K BTC Price, and More — Week in Review

Johann Steynberg, the mastermind behind a South African bitcoin Ponzi scheme, died of a heart attack while under house arrest in Brazil A technical analyst predicts a significant surge in

Bitfinex CTO Dismisses Breach Claims as ‘Pure FUD,’ Says No Group Has Asked for Ransom

Paolo Ardoino, the chief technology officer of Bitfinex, has dismissed claims that Bitfinex has been breached as “pure FUD [fear, uncertainty and doubt]” A report by Shinoji Research

Nigeria Mulls Over Banning P2P Crypto Transactions; Labels Crypto Trading as National Security Concern

Nigerian authorities are reportedly planning to prohibit financial institutions from facilitating peer-to-peer cryptocurrency transactions According to a report, Nigeria’s Office of the National

South Africa’s FIC Unveils Draft Directive for Travel Rule Implementation; Crypto Industry Leader Issues Warning

The South African Financial Intelligence Centre recently issued a draft directive calling crypto-asset service providers to implement the Financial Action Task Force’s (FATF) travel rule However,

Former Bitmex Chief Expects Bitcoin to Trade Within $60K-$70K Range Until August

Former Bitmex CEO Arthur Hayes predicts bitcoin will range-bound trade between $60,000 and $70,000 until August “The slow addition of billions of dollars of liquidity each month will dampen