Singaporean Authorities Intensify Efforts to Combat Crypto-Related Money Laundering

The fight against money laundering in the cryptocurrency space continues in Singapore, with local authorities taking significant steps to probe suspected channels. In recent developments, Singaporean banks have extended their ongoing investigations to clients of Chinese origin. With a firm … Continue reading Singaporean Authorities Intensify Efforts to Combat Crypto-Related Money Laundering

Busan Plans to Harness Ethereum and Cosmos for “Blockchain City” Initiative

Busan, the second most populous city in South Korea, is poised to become a pioneering hub for blockchain technology with its ambitious project “Blockchain City.” Leveraging the power of Ethereum and Cosmos, Busan aims to revolutionize service offerings and business … Continue reading Busan Plans to Harness Ethereum and Cosmos for “Blockchain City” Initiative

The Intricate Dance of Politics and Cryptocurrency: Former FCA Chair Exposes UK’s Regulatory Challenges

Charles Randell, the former chair of the UK’s Financial Conduct Authority (FCA), has unveiled a startling secret within the financial world, shedding light on the significant political pressure faced by the FCA in its dealings with cryptocurrency firms. During a … Continue reading The Intricate Dance of Politics and Cryptocurrency: Former FCA Chair Exposes UK’s Regulatory Challenges

The Rising Menace of USDT Approval Mining Scams: Millions Lost and Counting

In the fast-paced world of cryptocurrency, scams continue to threaten the security and investments of unsuspecting individuals. The latest wave of fraud comes in the form of USDT approval mining scams, where criminals deceive users and reap tremendous financial rewards. … Continue reading The Rising Menace of USDT Approval Mining Scams: Millions Lost and Counting

Unveiling the Enigma of Historical Block Fullness in the Bitcoin Network

The Bitcoin network is currently witnessing an unprecedented phenomenon: its block fullness has reached record levels, with over 461,000 transactions queued up in the mempool. This has piqued the interest of experts and enthusiasts alike, prompting a thorough examination of … Continue reading Unveiling the Enigma of Historical Block Fullness in the Bitcoin Network

ASIC Targets Margin Trading Product on Kraken Exchange as Bit Trade Faces Civil Proceedings

The Australian Securities and Investments Commission (ASIC) has taken legal action against Bit Trade, the provider of the Kraken cryptocurrency exchange in Australia. ASIC alleges that Bit Trade failed to comply with the design and distribution obligations for its margin … Continue reading ASIC Targets Margin Trading Product on Kraken Exchange as Bit Trade Faces Civil Proceedings

SEC Crypto Enforcement Chief Issues Warning: More Punishment and Charges Loom for Crypto Industry

In a stern declaration that has sent shockwaves through the crypto industry, David Hirsch, the United States SEC crypto enforcement chief, has issued a clear warning that more punishment and charges are imminent. Hirsch’s message comes at a time when … Continue reading SEC Crypto Enforcement Chief Issues Warning: More Punishment and Charges Loom for Crypto Industry