Former Chinese finance minister Zhu Guangyao calls for closer study of cryptocurrencies, citing global developments and potential economic importance.
In a recent development, the Dutch Authority for the Financial Markets has warned about the spate of investors being defrauded through pump-and-dump schemes in cryptocurrency. However, this manipulative practice will be formally prohibited by the Markets in Crypto-Assets Regulation (MiCAR) which should come into force on the 30th of December 2024.
At the recent 2024 Tsinghua Wudaokou Chief Economists Forum in Beijing, Lou Jiwei-former finance minister of China calls for caution to be taken regarding cryptocurrency development.
Changpeng “CZ” Zhao, former CEO of Binance, took to social media to make his first statements after being released from a correctional facility where he was confined for compliance crimes.
Crypto social media has been inundated with FUD (fear, uncertainty, and doubt) over what some are claiming are imminent FTX distributions, but there is no need to panic.
Singapore-based Matrixport has acquired and renamed the Swiss crypto asset manager to expand its presence in Europe.
Australian music technology company, Vinyl Group, has agreed to acquire a London-based Web3 start-up specializing in digital collectables, Serenade.
John Deaton has strongly opposed the Federal Reserve's proposed CBDC, and warned that it could grant excessive government control and potentially limit the use of cryptos like Bitcoin.
Billionaire Changpeng Zhao, co-founder of Binance Holdings Ltd., made his first public statement over the weekend after being released from US custody. In a post shared on social media platform X, Zhao reiterated his commitment to investing in blockchain, artificial intelligence, and biotechnology, emphasizing his long-term vision centered on impact rather than financial returns.
In a significant move against international cybercrime, the US Department of Justice (DOJ) has seized the domains of three crypto exchanges.
The restructuring plan will see the next hearing on October 7th.
The price of FTX Token (FTT) surged dramatically, registering a 113% rise during an intra-day high on Sunday. This sudden spike followed false rumors regarding a potential $16 billion repayment.
Collapsed crypto exchange FTX has made last-minute changes to its payout plans, setting aside only 10-25% for FTX crypto holders.
Jesse Walden, a managing partner at Variant Fund, says original cypherpunk values of crypto are likely to fade over time.
Discover the risks of cryptocurrencies for global financial stability and China's concerns regarding Bitcoin ETFs.
Singapore-based Matrixport announced its expansion into Switzerland on Monday, agreeing to acquire Crypto Finance Asset Management (CFAM). Previously, CFAM operated within the Deutsche Börse Group-owned Crypto Finance Group (CFG).
Crypto Finance AG has been renamed as Matrixport Asset Management AG (MAM).
Another busy week lies ahead on the United States economic calendar as October, and fourth-quarter trading is about to kick off.
Franklin Templeton just weighed in on the ongoing debate in the crypto community about staking rewards. The debate is whether staking rewards, which inflate token supply, should be considered a cost to the network.
The former minister called on Beijing to study the industry in light of Republican candidate Donald Trump's comments on crypto.
A recent phishing attack has resulted in a crypto whale losing over $32 million in altcoins, marking a significant event in the DeFi sector.
Japan is struggling to balance its economy right now. Prices are climbing, and people are unable to spend much. Prime Minister Shigeru Ishiba is stepping up with a plan to raise wages that will get people to spend again.
Multiple blockchain projects, including Sui, ZetaChain, and Aptos, will unlock significant token amounts in October.
Former Binance CEO Changpeng Zhao has pledged to increase his investments in the blockchain sector after serving a four-month prison sentence in the US.
The BitRiver CEO Igor Runets is worth $230 million, a Bloomberg article has claimed. And the crypto mining chief says that Russia's growth in the sector now outpaces that of the United States.
Changpeng Zhao, the founder and former CEO of the world's biggest cryptocurrency exchange Binance, shared his reflections and plans following his release from prison after serving a four-month sentence What Happened: On Sunday, Zhao, popularly referred to as CZ, expressed gratitude for his supporters who stood by him in his “darkest moments.” “Let me chill for a bit.
An app on Google Play was discovered stealing cryptocurrency from users, employing advanced social engineering and trusted protocols. Check Point Research exposed the app after it had siphoned $70,000, deceiving over 150 victims. The attackers used the Walletconnect protocol to appear legitimate, manipulating Google search rankings and avoiding detection through encryption and obfuscation techniques.
On December 30, the Markets in Crypto-Assets Regulation (MiCA) will be put into force. The AFM has been looking into many pump-and-dump scams in the last few months.
Some voiced worries about the consequences of regulatory scrutiny, while others agreed. Responsible growth of Crypto and Web3 is possible with the correct regulations as per the CEO.
Binance launches a Word of the Day game, offering participants a chance to win tickets to Binance Blockchain Week 2024 and other rewards.
As of Sept. 27, 2024 Liberal Democratic Party member Shigeru Ishiba has been voted the next prime minister (PM) of Japan.
The Dutch Authority for the Financial Markets (AFM) has issued a warning about the dangers of pump-and-dump schemes in the cryptocurrency space, as new regulations prepare to target this market manipulation tactic. The upcoming Markets in Crypto-Assets Regulation (MiCAR), effective from Dec. 30 will ban these practices.
The malicious wallet-draining app marked “the first time drainers exclusively targeted mobile users,” says Check Point Research.
The acquisition will accelerate Vinyl's expansion into the EU market while bolstering its digital and physical collectibles portfolio.
FTX will not pay creditors on September 30, despite the wild rumors spreading on social media.
The Dutch Authority for the Financial Markets (AFM) issued a warning about pump-and-dump schemes in the crypto market. With the Markets in Crypto-Assets Regulation (MiCA) set to come into effect on December 30, the AFM is getting ready to crack down on these activities.
Binance said the ED was able to uncover the scam network thanks to critical intelligence from its financial investigative unit.
BeInCrypto's comprehensive Europe Crypto Roundup covers the latest news and trends shaping the continent's crypto landscape. With reporters across key markets like Germany, France, and the UK, we provide in-depth insights into evolving regulatory environment, adoption rates, major industry events, and market movements.
According to data from the Central Bank of Bolivia, operations with crypto assets rose in the last three months after the institution lifted a blanket ban on using the banking system for these transactions. Volumes doubled on average, with stablecoins leading the way and transaction numbers also rising.
In 2024, losses from crypto hacks have already exceeded the total for all of 2023, setting a new record. The rise in cyberattacks shows the growing dangers in the space and the need for urgent solutions.
The Federal Bureau of Investigation (FBI) has seized millions of dollars worth of crypto assets from entities in Southeast Asia that allegedly targeted US citizens.
FTX creditors are expressing dissatisfaction with the payouts they are set to receive as the collapsed exchange prepares to distribute $16 billion to make its lenders whole.
Solana has the highest number of daily active addresses among the top ten cryptocurrencies in the industry.
Explore the challenges and solutions of cryptocurrency's impact on the environment in this eye-opening blog.
Cryptocurrency represents a fascinating and rapidly evolving area of finance and technology.
Gemini, the US-based cryptocurrency exchange founded by Cameron and Tyler Winklevoss, is expanding globally, with a focus on the Asia-Pacific (APAC) region. Leading this effort is Saad Ahmed, Head of APAC, now based in Singapore.