Kuwait's CMA has banned major cryptocurrency operations like payments, investments, and mining
Local regulators are barred from licensing virtual asset services as a...
Traditional remittance methods, such as bank transfers and money transfer operators (MTOs), often come with exorbitant fees and lengthy transaction processing times.
Cryptocurrencies...
National Australia Bank (NAB) will block payments to certain cryptocurrency platforms due to high scam risk
Other major Australian banks have also blocked...
Integrating cryptocurrencies with conventional financial systems becomes increasingly essential as they become more commonplace. This presents several obstacles to overcome before cryptocurrencies can realise their full potential. For instance, traditional institutions may be hesitant to work with cryptocurrencies due to concerns about money laundering and other illicit activities. Moreover, the technical difficulty of integrating cryptocurrencies with existing banking systems can prove intimidating.
Artificial intelligence tools such as ChatGPT have managed to change how things operate in cryptocurrency trading
The tools have provided help to many...
Crypto.com gains regulatory approval from the Bank of Spain, expanding its crypto services in Spain
The company's strong compliance efforts lead to global...
Cryptocurrency pyramid and Ponzi schemes edged out with a staggering $7.8 billion in 2022, according to TRM Labs
Investment fraud involving cryptocurrency rose...
HSBC, Hong Kong's largest bank, has reportedly introduced local cryptocurrency services, allowing customers to buy and sell
The bank offers cryptocurrency ETFs listed...
FTX, a major crypto trading firm, has filed a lawsuit in the United States Bankruptcy Court for the District of Delaware, seeking over $700 million from investment firms it had previous ties with. The lawsuit, filed on June 22, contains 16 counts.
The defendants named in the lawsuit include K5 Global, Mount Olympus Capital, SGN Albany Capital, and individuals Michael Kives and Bryan Baum. They are accused of being involved in transactions that resulted in the transfer of funds from FTX-affiliated firm Alameda Research.
In today's digital landscape, applications (apps) have become integral to our lives. Mobile apps have transformed how we communicate, work, and entertain ourselves, from social media platforms to productivity tools. However, with the rise of blockchain technology, a new paradigm of decentralized applications (DApps) has emerged, challenging the traditional app landscape. This article explores the key differences between apps and DApps, their advantages and disadvantages, and provides insights into their future outlook.
Wash trading is a form of illicit market manipulation where an entity buys and sells the same financial asset to create a false impression of market activity. This practice gained traction with the rise of electronic trading in the early 2010s, as algorithmic trading programs began churning trades at unprecedented speeds. This old illegal financial market trick has unfortunately found its way into the crypto industry.
The Financial Action Task Force (FATF) has slammed Qatar for not taking enough action against cryptocurrency firms.
The rise of Artificial Intelligence (AI)...
Unlike most cryptocurrencies, such as Bitcoin or Ethereum, known for their price volatility, stablecoins aim to minimize fluctuations in value and provide stability...
