Coinbase to delist the unauthorised stablecoins in the European Economic Area (EEA). Coinbase plans to update the conversion of non-compliant stablecoins.
The European Union's Markets in Crypto Assets guidelines are the most advanced set of regulations for the blockchain sector to date.
Brazil's Central Bank is integrating DeFi elements into its Drex CBDC project. The full launch may be delayed until early 2025 due to regulatory considerations.
Coinbase will delist non-compliant stablecoins in the European Economic Area by the end of 2024 due to the MiCA regulations.
Cryptonews Podcast host Matt Zahab sat down for a wide-ranging, exclusive interview with Pascal Gauthier, the Chairman and CEO of the French startup Ledger, the tech company that makes the eponymous hardware crypto wallets.
Bitcoin came to age as a result of Satoshi Nakamoto's idea. The onset of Bitcoin followed the 2007-2008 Great Depression.
By December 30, 2024, Coinbase will remove all stablecoins that fail to meet the EU's Markets in Crypto-Assets (MiCA) regulations, impacting the European Economic Area (EEA), according to a report by Bloomberg.
The FBI has launched a full-scale investigation into a sophisticated crypto scam involving the fraudulent platform ICHCoin, which has swindled over $30 million from unsuspecting victims across the United States.
Hong Kong Virtual Asset Exchange (HKVAX) has secured licensing from Hong Kong's Securities and Futures Commission (SFC) to operate a virtual asset trading platform. The approval makes HKVAX the third licensed crypto exchange in the city and the first to be authorized under the virtual asset regulatory framework introduced two years ago.
Bitwise Asset Management wants its crypto futures ETF (exchange-traded fund) converted from long-only strategies to rotate between crypto and US Treasuries exposure depending on market trends.
In a bid to comply with EU Markets in Crypto Assets (MiCA) regulation, American cryptocurrency exchange Coinbase has hinted at plans to delist some stablecoins. According to a Bloomberg report, these noncompliant stablecoins will only be available through the exchange in the European Economic Area until the end of this year.
Coinbase will delist all unauthorized stablecoins in the EU by December 30, 2024, in complaince with MiCA rules which require stablecoin issuers to obtain e-money authorization.
Bitwise has spun another crypto ETF filing after bidding for an XRP fund with the U.S. Securities and Exchange Commission. Bitwise furthered an exchange-fund trading filing spree with a new fund application targeting Bitcoin (BTC) and U.S. Treasuries.
Bitwise Asset Management plans to convert three of its crypto futures ETFs to a new strategy.
Blockchain security firm CertiK shared its Q3 reports, revealing that crypto hacks' total value stolen increased by nearly 10% last quarter while phishing scams and private key compromises accounted for 91% of the total losses.
Bitwise announced the Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (BITC) on Friday, a fund that combines the Bitwise Bitcoin Strategy Optm Roll ETF (BITC), Bitwise Ethereum Strategy ETF (AETH) and Bitwise Bitcoin and Eth Eq Wgh Str ETF (BTOP).
The crypto exchange's announcement comes as the European Union moves to introduce tighter controls on crypto assets.
EEA customers will be offered to switch to compliant stablecoins like USDC and EURC. Stablecoins tied to fiat currencies face stricter rules under EU regulatory changes.
Tether, which is the largest issuer of stablecoins, has not managed to snag the necessary e-money license in the European Union.
The crypto market is showing increased stability after a week of heightened volatility, according to Coinbase analysts.
Brazil is advancing its Central Bank Digital Currency (CBDC) initiative, Drex, by integrating decentralized finance (DeFi) elements into the project.
Vietnamese police have dismantled an international crypto fraud network, arresting multiple suspects for swindling billions of VND from Vietnamese citizens.
The Ethereum network was the most affected with ERC20 phishing attacks amounting to over $43.3 million stolen from different users in September.
In an analysis shared on X, crypto analyst Astronomer (@astronomer_zero) delves into the question that's been looming over the crypto community in recents months: “Will we never have a proper altcoin season again?” As Bitcoin's dominance (BTC.D) continues to surge and altcoins struggle to keep pace, Astronomer provides a data-driven perspective challenging the prevailing narratives that suggest the era of altcoin seasons may be over.
The number of cryptocurrency hacks and the recovery rate for funds set three-year lows in Q3 2024.
In September, centralized cryptocurrency exchanges saw a 17% decline in trading activity, with spot and derivatives volumes falling to $4.34 trillion.
Coinbase will delist certain stablecoins in the European Economic Area by year's end, the cryptocurrency exchange said on Friday, as the industry braces for tougher regulation in the region.
Over $127 million was stolen in Q3 2024 due to phishing attacks, with September alone seeing losses of $46 million.
Coinbase Global Inc. has announced its plan to delist all non-compliant stablecoins from its European platforms by the end of December 2024. This decision comes in response to the European Union's upcoming implementation of the Markets in Crypto-Assets (MiCA) regulations.
There's no point in owning game assets if you can't use them on other platforms.
HSBC, one of the biggest bank in the world, says they have upgraded their private blockchain to be quantum safe for the tokenization of gold.
Brazil is looking for ways to ensure that its central bank-issued digital currency Drex is unique.
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Lejilex, a Texas-based crypto startup, has initiated a legal battle against the U.S. Securities and Exchange Commission (SEC).
Coinbase will delist noncompliant stablecoins from its European platform by the end of December to comply with the EU's MiCA regulations.
FTX sent out the expected payment schedule, based on prices from the end of 2022. Most token holders will be compensated at a loss, with the exception of a few smaller tokens.
Throughout September 2024, nearly 10,000 crypto phishing victims reportedly lost $46 million to such scams according to a phishing monthly report by ScamSniffer. Out of these lost crypto, one victim lost $32 million following the execution of a forged permit signature, and another victim lost $1 million by merely copying a contaminated transfer address.
Alexander Grieve, Paradigm's VP of Government Affairs, detailed what is wrong with the US Securities and Exchange Commission's (SEC) policies.
With its latest initiative, the Visa Tokenized Asset Platform (VTAP), Visa aims to democratize the use of Ethereum and blockchain for banks, facilitating the issuance of tokens backed by fiat currencies.
Crypto exchange Coinbase is set to delist unauthorized stablecoins from its European branch by year-end, in response to incoming MiCA regulations. U.S.
TL;DR Strategic Move: BBVA will launch a stablecoin in 2025, leveraging Visa's Tokenized Asset Platform (VTAP) to enhance its digital asset services. Visa Partnership: The stablecoin will be developed with Visa, ensuring strong regulatory compliance and leveraging Visa's infrastructure for secure minting, transfer, and settlement of digital assets.
Web3 anti-scam platform Scam Sniffer reported that approximately 10,000 victims lost $46 million to crypto phishing scams in September alone. Scam Sniffer reported that in the third quarter of 2024 alone, crypto phishing losses totaled $127 million.
A recent survey conducted by blockchain software technology company ConsenSys, reveals the importance of pro-crypto voters in shaping the regulatory landscape as the 2024 US presidential election approaches.
Vietnamese police arrest five individuals linked to a crypto scam network, unraveling an offshore-led operation targeting unsuspecting victims.
Phishing attacks continue to cause significant losses for crypto users, with over 10,000 victims losing over $46 million to these scams in September, according to Scam Sniffer, a Web3 anti-scam platform. According to the firm, 10,805 victims lost $46.7 million in various crypto phishing scams last month.
The theft occurred in 2018 when a teenager, Ellis Pinsky, and his 21-year-old accomplice, Nicholas Truglia, bribed an AT&T employee to perform a SIM swap. By transferring the information from Terpin's SIM card to another device, the hackers bypassed the two-factor authentication that protected Terpin's crypto wallets.
In October 2024, the latest data shows that decentralized autonomous organizations (DAOs) hold $24.5 billion in treasuries, down by $12.6 billion since the end of March. Optimism's DAO, which boasted $8.3 billion on Mar. 24, has seen its treasury shrink to $3.8 billion, making it the largest DAO treasury despite the decline.