Crypto
Source: iStock/pichet_w Investors have been eagerly anticipating regulatory approval for a spot Bitcoin ETF, which is expected to trigger a fresh wave of institutional demand in the leading cryptocurrency. While estimating the potential cash inflow for such a fund remains a subject of debate among market players, projections range from…
Source: Adobe / Catalin Pop The Japanese government has taken action to freeze the assets of nine Hamas operatives and a cryptocurrency trading company that were involved in financing the terrorist organization. This decision was reached during a cabinet meeting on the 31st October, Yonhap News reported. Governments Sanction Exchanges…
Source: leungchopan/Adobe A South Korean prosecution unit dedicated to investigating crypto crime is already “overloaded” with cases, just over a year after launching. The unit operates as part of the Seoul Southern District Prosecutors’ Office and was formerly known as the Financial and Securities Crime Coalition Team. The team is…
FTX founder Sam Bankman-Fried finished out his second day of testimony in his landmark fraud case this afternoon in Manhattan federal court. With U.S. Assistant Attorney Danielle Sassoon leading the cross-examination,Bankman-Fried gave mostly curt answers while often denying recalling specific prior pieces of evidence and testimony. Bankman-Fried appeared anxious on…
Source: XRP Ledger The XRP Ledger has successfully minted 3 million NFTs using the XLS-20 standard. This marks a significant feat in the NFT landscape. $XRP Ledger Smashes Big Milestone. #CryptoNews via @coinjupiter — Coin Jupiter (@coinjupiter) October 30, 2023 Based on data from Bithomp, a total of 3,357,404 NFTs…
Source: Pexels Thailand’s second-largest bank, signaling bullish fervor for blockchain after buying out one of the region’s local crypto exchanges through one of its subsidiaries. In a Monday filing, Kasikornbank – otherwise known as KBank – revealed that it has acquired a 97% stake in Satang Corporation Co Ltd., which…
Source: f11photo/Adobe The adoption of the popular stablecoin Tether (USDT) in Brazil has experienced a remarkable surge in 2023, now constituting a staggering 80% of all crypto transactions within the country. According to data provided by Brazil’s tax agency that was first reported on by Cointelegraph, the total USDT transactions…
Source: AdobeStock / Iakov Kalinin The United Kingdom has released proposals for a stablecoin framework alongside wider industry regulations in a bid to position the country as an investment destination and to protect users. In an Oct 30 release, His Majesty’s Treasury published a set of guidelines for regulating ‘fiat-backed…
The XRP price has risen by 1% in the past 24 hours, climbing to $0.559752 as the market as a whole gains by 1.5% today. XRP is also up by 5% in a week and by 13% in the past fortnight, with the altcoin being one of many to benefit…
Source: TradingView The Ethereum price has risen to $1,815 today, gaining by 1.5% in 24 hours and 8.5% in the past week amid rising investor positivity. ETH has also risen by 14.5% in the past fortnight, while the altcoin is up by 51% since the beginning of the year. This…