The U.S. House Subcommittee on Digital Assets, Financial Technology, and Inclusion recently held a hearing to address the issue of crypto crime within the digital asset ecosystem. Experts from various fields, including blockchain technology, financial regulation, and law enforcement, provided their insights and testimonies. One crucial point of discussion was the potential underreporting of illicit
In the ever-evolving world of cryptocurrency trading, one project stands out as a beacon of innovation and accessibility. Launchpad XYZ has caught the attention of crypto venture capitalists, drawing in millions of dollars during its presale. With its custom AI, Apollo, Launchpad XYZ aims to revolutionize algorithmic trading, making it available to anyone, regardless of
After a recent breach of its hot wallets, Poloniex, a popular cryptocurrency exchange, has managed to resume its deposit and withdrawal services, according to a statement released on November 15. The attack occurred on November 10 when a malicious actor compromised one of the exchange’s hot wallets and stole over $100 million worth of digital
Russia’s trade ministry recently announced the development of a groundbreaking tool that has the potential to assist crypto miners in evading Western sanctions. Lawmakers explained in a DumaTV post on the RuTube video-sharing platform that the Ministry of Industry and Trade had successfully created a tool specifically designed for conducting industrial mining activities. This tool
Blockchain technology continues to evolve and improve, and the XRP Ledger is no exception. An XRP and crypto enthusiast, Krippenreiter, has recently announced the launch of the newest version of the XRP Ledger, highlighting core updates and new functionalities. This article will delve into the details of these upgrades and proposed amendments, shedding light on
In the world of cryptocurrency trading, being able to predict the next big trends and narratives is a vital skill for success. Market narratives are the stories or themes that drive the crypto market, while trends refer to the directional movements of the market over a certain period. By staying informed and analyzing various indicators,
Coinbase, a leading cryptocurrency exchange, believes that the approval of a spot Bitcoin exchange-traded fund (ETF) could have significant implications for the crypto market and investors. In its monthly outlook report, Coinbase predicts that the introduction of compliance-friendly ETFs will open up access to crypto assets for a broader range of investor classes, including registered
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
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
