Crypto.com, a leading cryptocurrency exchange, has recently achieved a major milestone by securing a Virtual Assets Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA). This significant accomplishment was announced through Crypto.com’s entity CRO DAX Middle East FZE. While the exchange has obtained a partial VASP license, it must fulfill specific conditions
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Cryptocurrency scams continue to plague the global market, with South Korea being no exception. In a recent development, a branch of the South Korean High Court has sentenced a convicted crypto scammer to jail for operating a fraudulent token trading platform. This article delves into the details surrounding the case and sheds light on the
Ethereum (ETH), the second-largest cryptocurrency, has experienced a remarkable surge in its price over the past month. This bullish trend in the crypto market, combined with BlackRock’s involvement, has propelled ETH to its highest point of the year at $2,139. This surge in value is notable considering ETH’s previous struggles to gain momentum, despite successful
Celestia, a new modular blockchain token, has been making waves in the cryptocurrency market with its TIA airdrop. Since its launch on October 31, the TIA airdrop has experienced an impressive climb of +87.7%. Currently ranked as the 13th cryptocurrency by trading volume and in the top 100 by market cap, Celestia’s success story seems
Bitget’s Hong Kong division, BitgetX, has recently made a surprising announcement that it will not be applying for a Virtual Asset Trading Platform (VATP) license in Hong Kong, despite operating in the region for the past seven months. This unexpected decision has left many in the cryptocurrency industry perplexed, as BitgetX had initially launched the
In a stunning turn of events, a mysterious wallet emerged from the depths of the crypto world, orchestrating a massive transfer of 17,895,970 MATIC tokens, equivalent to a staggering $14.7 million, directly into Coinbase. This surprising twist sent shockwaves reverberating throughout the digital landscape, capturing the attention of cryptocurrency enthusiasts and investors alike. As a
In a startling revelation, it has come to light that a suspected crypto fraudster accompanied South Korean President Yoon Seok-yeol on a state visit to Saudi Arabia last month. The individual, who is the head of an unnamed crypto firm, was part of an “economic delegation” that traveled with Yoon in late October. This incident
Dogecoin (DOGE) has been making significant moves in the cryptocurrency market recently. After reaching its highest level since July, there is speculation that DOGE could experience a near-term pump towards yearly highs. This article examines the factors that could contribute to Dogecoin’s rise and the challenges it may face along the way. As Bitcoin continues
In the ever-evolving cryptocurrency market, the native token of THORChain, called RUNE, has emerged as one of the top-performing assets. Over the past 24 hours, RUNE has seen a staggering price increase of 31.5%. This surge in price only solidifies the remarkable bullish form that RUNE has displayed in recent weeks. According to Coingecko, the
In a bold move to redeem their tainted reputation and address the challenges that led to the downfall of their previous employer, former executives of FTX have come together to establish a new cryptocurrency exchange. Trek Labs, a Dubai-based start-up, recently obtained a license from the Emirate’s crypto regulator, marking the beginning of a new
