On Wednesday, Bitcoin faced a modest decline of nearly 0.50%, with its trading price settling at $27,412. However, this slight dip belies the cryptocurrency’s resilient performance over the past week, witnessing an impressive surge of nearly 4%. This uptrend is particularly noteworthy given the recent challenges faced by the digital currency…

Three individuals involved in a global fraud and money laundering operation linked to the cryptocurrency scheme, AirBit Club, have received prison sentence, Department of Justice revealed in a press release. Scott Hughes, an attorney who played a key role in laundering approximately $18 million in fraudulent AirBit Club proceeds, has been…

yPredict, an AI-powered analytics solutions provider specializing in crypto trading, has raised nearly $4.1 million in its ongoing crypto presale.The platform, designed to be an all-in-one ecosystem for traders, incorporates a wide array of tools, from AI-generated trading signals to real-time sentiment analysis, and even quantitative analysis. A New Milestone in…

Swiss-based blockchain firm Distributed Technologies Resources (DTR) has announced the launch of a Dirham-backed stablecoin, DRAM. The token launched today, October 3, 2023.According to founder Akshay Naheta, who served as a SoftBank executive once in his career, the tokenized fiat equivalent of the United Arab Emirates (UAE) national currency will enable…

Japan is aiming to become a crypto and Web3 “powerhouse,” South Korean analysts and experts believe – but some think Seoul still has what it takes to surpass Tokyo.Per Chosun Ilbo, South Korea’s biggest newspaper, Seoul-based crypto firms are concerned by the Japanese government’s proactive Web3-fostering policies.These policies have the…

US District Judge Analisa Torres has rejected the U.S. Securities and Exchange Commission’s motion to appeal in the ongoing Ripple lawsuit.Widely-followed crypto Twitter account db (@tier10k) posted the breaking news, causing an immediate 5% spike in the XRP price.Judge Rejects SEC Appeal vs RippleView the October 3rd order on courtlistener.com,…

The Cyber Crime Investigation Bureau (CCIB), an arm of the Royal Thai Police, has announced the successful retrieval of $277 million (about 10 billion THB in local currency) in digital funds from internet fraudsters, all thanks to its collaboration with the Binance exchange. According to a blog post shared on its…

Deus X Capital, a newly launched investment firm backed by a family office, has entered the crypto space with a combined $1 billion in fresh capital and existing investments.The firm’s leadership includes Tim Grant, who assumes the role of CEO.Prior to joining Deus X Capital, Grant served as the Head…

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________Mining newsEight crypto mining operators in Kazakhstan – BCD Company, TT TECH Limited, KZ Systems, AI Solutions, Green Power Solution, VerCom, Kinur Invest, and the Zhambyl branch of Kinur…

The governor of Banco de Portugal, Mário Centeno has called for international cooperation towards a global framework for crypto regulation.According to him, national efforts alone cannot protect investors due to the nature of digital assets as it can lead to regulatory arbitrage creating loopholes for bad actors to capitalize.Speaking at…