Nynu V Jamal
Indonesia’s Bappebti Gives Crypto Exchanges More Time for PFAK License
Indonesia’s Commodity Futures Trading Regulatory Agency, Bappebti, has given domestic cryptocurrency exchanges until late November 2024 to meet the requirements for getting a Physical Crypto Asset Traders (PFAK) license. The...
Metaplanet “Asia’s Microstrategy” Raises 10 Billion Yen to Boost Bitcoin Holdings
Japan’s investment firm Metaplanet has wrapped up its 11th Stock Acquisition Rights exercise period. CEO Simon Gerovich announced on X that the company achieved a 72.8% exercise rate with 13,774...
NFP Token Plunge: Coinone Disputes Hack Claim, Launches Probe
Coinone, a South Korean crypto exchange, has brought in local and Canadian law firms to investigate the NFPrompt (NFP) token dispute. In March, Coinone’s NFP price plummeted 70%, while prices...
Key Economic Data to Influence Crypto Market This Week
Key economic data releases this week, including housing market figures and jobless claims, are expected to influence the crypto market. With Bitcoin hovering around $68,000 and Ethereum at $2,700, traders...
Polkadot’s 2.0 Upgrade to Bring Elastic Scaling and 64-bit PVM
At the recent Polkadot Fellowship meeting, Dr. Gavin Wood, creator of Polkadot and Kusama, revealed significant advancements in the Join-Accumulate Machine (JAM). Version 0.4 of the JAM gray paper now...
Analyst Calls Crypto Market an “Echo Chamber”: Here is Why
The current market sentiment, with Bitcoin trailing towards its all-time high of $73k, industry experts and analysts speculate a bullish trend emerging. However, analyst Matthew Hyland cautions that the prevailing...
Binance Expands Mobile Money Payments To Six African Countries
Binance has expanded its services in West and Central Africa, extending its mobile money payments to six countries, including Benin, Cameroon, Ivory Coast, the Democratic Republic of Congo, Togo, and...
Stablecoin Regulation Heats Up: Lawmakers Push for Guardrails
Federal Reserve Governor and former FOMC member Christopher Waller compared decentralized finance (DeFi) with centralized finance (CeFi), asserting that the former cannot completely replace the latter. At the Vienna Macroeconomics...
Trump’s WLFI Token Flop: Only 4.24% Sold, Tech Issues Rampant
Donald Trump’s World Liberty Financial (WLFI) token has underperformed despite the initial hype. A significant amount of the token remained unsold, with only 4.24% sold on the first day. The...
SEC Appeals XRP Ruling, But Not Its Non-Security Status
The Securities and Exchange Commission (SEC) has filed a late appeal against the XRP ruling. Despite the delay, the SEC submitted Form C to the U.S. Court of Appeals for...
a16z Report: Crypto Adoption Surges, Blockchain Interactions Hit Record High
Venture capital firm Andreessen Horowitz (a16z) released its latest State of Crypto report, which shows a significant increase in cryptocurrency adoption and usage. The report also highlighted a record high...
Отчет a16z: рост принятия криптовалют, взаимодействие блокчейнов достигло рекордно высокого уровня
Венчурная компания Andreessen Horowitz (a16z) опубликовала свой последний отчет State of Crypto, который показывает значительный рост внедрения и использования криптовалют. В отчете также подчеркивается рекордно высокий уровень взаимодействия с блокчейнами:...
South Korea to Investigate AVAIL Altcoin Over Price Manipulation Concerns
The South Korean National Assembly is reportedly planning a detailed investigation into the altcoin AVAIL over price manipulation concerns. Democratic Party of Korea lawmaker Min Byeong-deok plans to call the...
Bitwise Files Updated XRP ETF Registration With the SEC
Asset manager Bitwise filed an updated S-1 registration statement for its XRP exchange-traded fund (ETF) on October 16. The revised statement provides more details on the trust’s structure, asset custody,...
Bitcoin, Ether Dominate $7.5M in Trump PAC Crypto Donations
Trump PAC, a political action committee formed by former President Donald Trump, has raised about $7.5 million in cryptocurrency, including Bitcoin, Ether, XRP, Tether, and USDC. According to a Federal...
Bitfinex Hacker Faces 5 Years, Prosecutors Seek to Deter Crypto Crime
US prosecutors have recommended a five-year prison sentence for Ilya Lichtenstein, who pleaded guilty to a money-laundering conspiracy related to the $6 billion Bitfinex hack. They believe Lichtenstein reflects a...
Ripple Swell: RLUSD Stablecoin Launch and NYDFS Crypto Focus
Ripple Swell, Ripple’s annual conference, kicked off on October 15 in Miami with the strategic announcement of the platform’s exchange partners for its stablecoin, RLUSD. In an X post today,...
Philippine Ex-Mayor Embroiled in AAX Crypto Exchange Scandal
Alice Guo, a former Philippine mayor, is facing allegations of involvement with the defunct Atom Asset Exchange (AAX) and other potentially illicit activities. A report from Rappler connects Guo’s business...
FinCEN Investigates TD Bank for Suspicious Crypto Trading
The Financial Crimes Enforcement Network (FinCEN) is investigating Toronto-Dominion Bank (TD Bank), the sixth-largest bank in North America, for potential involvement in suspicious cryptocurrency trading activities. The investigation revealed TD...
BlackRock’s Fink: Bitcoin is an Asset Class, Like Gold
Larry Fink, CEO of BlackRock, the world’s largest asset manager, has affirmed Bitcoin’s status as a legitimate investment option, likening it to gold. During the Q3 2024 earnings call on...
Vitalik Buterin Praises Arbitrum’s Tech and Adoption, Reaffirms L2 Dominance
Ethereum founder Vitalik Buterin has acknowledged Offchain Labs’ technical skills and Arbitrum’s achievements. Buterin’s endorsement came after Offchain Labs co-founder Steven Goldfeder stated that the decentralized designs of Ethereum and...
Ripple CEO Slams SEC for Ignoring XRP Court Ruling
Ripple CEO Brad Garlinghouse has again voiced his opposition to the Securities and Exchange Commission’s (SEC) regulatory approach. Reacting to the SEC’s latest appeal in the XRP lawsuit, Garlinghouse criticized...
Trump Memecoins Thrive Ahead of Election, Defying Market Trends
Trump-linked Political Finance (PoliFi) tokens are bucking the crypto market’s low volatility. Trump’s memecoins are surging, fueled by his increasing chances of winning the US election. MAGA, MAGA HAT, and...
Cumberland vs. SEC: Crypto Market Maker Fights Back Against Lawsuit
Chicago-based crypto market maker Cumberland, the latest target of the SEC, is pushing back against the regulator’s allegations. The SEC sued Cumberland on Thursday for allegedly operating as an unregistered...
“Orange” Analogy Adds Zest to Ripple’s Appeal Against SEC
In a recent CryptoLaw interview, crypto enthusiast James Murphy, known as MetaLawMan, shed light on the SEC’s appeal in the Ripple case. His insightful comparison of oranges and XRP, in...
