A popular social media influencer known for showcasing her luxurious lifestyle on Instagram and other platforms is facing criminal charges for allegedly committing large-scale crypto fraud. Russia's news agency TASS reports that Valeria Fedyakina, also known as Bitmama, is accused of defrauding four people who sustained over $23 million worth of damages.

Binance Connect is back as the exchange has made touchups to the service after more than 2 years of taking it offline.

Pennsylvania House Bill 2481, dubbed the Bitcoin Rights bill, sailed through with strong bipartisan support, winning an overwhelming majority of 176 to 26.

X Empire token's launch saw price spikes on KuCoin, drops on other exchanges, and controversy over its airdrop distribution.

Kraken is designing Ink to be as easy to use as Apple products, bridging centralized and decentralized ecosystems.

Kraken is setting its sights on launching its own blockchain next year, much like Coinbase's Base chain, according to a report from Bloomberg's Olga Kharif. The new network, which is focused on decentralized finance (defi), is expected to release a testnet later this year.

ZachXBT doesn't operate in the shadows; he is the shadow. The self-taught, anonymous crypto investigator has spent the last three years tracking down scammers, hackers, and criminals in the industry.

AI bots using blockchain technology could give rise to the "Agentic Web," benefitting "economic activity and growth," Coinbase said.

Italy has raised the capital gains tax on cryptocurrencies from 26% to 42%, effective January 1, 2025. The Italian government expects to generate €68 million (around $73M) from the increased tax to boost revenue.

TL;DR Kraken will launch its own blockchain called Ink in early 2025, focused on DeFi applications for trading, lending, and yield without intermediaries. Ink will allow users to interact between centralized and decentralized ecosystems, simplifying access to financial tools and improving profitability.

Being an industry giant for the past 14 years, Kraken, one of the oldest centralized cryptocurrency exchanges, is planning to explore areas of blockchain technology similar to Coinbase and Binance. On October 24, 2024, Kraken published a report announcing that it will launch its own blockchain, “Ink” for both retail and institutional users.

Kraken, one of the leading centralized cryptocurrency exchanges, is set to launch its own blockchain, “Ink,” in early 2025. What Happened: This new blockchain will focus on decentralized finance (DeFi) applications, aiming to offer users a streamlined platform for trading, borrowing, and lending tokens without relying on intermediaries, Bloomberg reported.

Binance CEO Richard Teng has spoken out following the release of Tigran Gambaryan, a high-ranking executive at the cryptocurrency exchange. Gambaryan, who was detained in Nigeria for nearly eight months, faced charges of money laundering and tax evasion.

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Binance exec Tigran Gambaryan has been released from Nigerian detention after nearly eight months.

On October 23, Consensys, a leading company in the blockchain and Web3 industry, made a strong appeal for clearer digital asset regulations in the United States. This comes amid its ongoing lawsuit against the U.S. Securities and Exchange Commission (SEC), which Consensys accuses of regulatory overreach that hampers innovation.

R3, a distributed technology and digital services provider based in New York, United States, is reportedly weighing options for its business, including a potential sale. In a report published on Oct.

In South Korea, over 33,000 crypto investors are locked out of approximately $13 million in assets due to the shutdown of several exchanges, as reported on October 14. Fourteen exchanges have closed or paused operations in line with new regulations under the Virtual Asset User Protection Act.

Coinbase Ventures and a16z CSX have raised Skyfire's total seed funding to $9.5 million, up from $8.5 million earlier this year.

Next year, Norges Bank, Norway's Central Bank, is going to make a major decision regarding the potential of establishing its own CBDC, or central bank digital currency. According to Deputy Governor Pal Longva, the central bank was moving toward finalizing the recommendation, though it did not feel like the work had to be fast-tracked immediately.

Kraken, one of the most prominent cryptocurrency trading platforms, is on track to launch its own blockchain dubbed "Ink," according to a Thursday report by Bloomberg.

From centralization to decentralization: Kraken prepares for a future focused on decentralized finance

Binance will give an overhaul to Binance Connect, offering a plug-and-play payment solution to Web3 startups. The feature will be open for users from the end of November, while resources are already open for developers.

Tapswap, a prominent player in the tap-to-earn sector, has faced disappointment among its user base following the postponement of its Token Generation Event (TGE).

In a recent court filing, prosecutors have praised Nishad Singh, a former FTX executive, for his important help in the investigation of the cryptocurrency exchange's collapse. They noted his genuine remorse and willingness to cooperate with authorities.

After eight months' detainment in Nigeria and court delays, Binance's head of financial crime compliance, Tigran Gambaryan, is heading home for medical treatment.

A cryptocurrency analyst and trader is leaning bullish on a memecoin that launched earlier this month. The analyst pseudonymously known as Sherpa tells his 11,300 YouTube subscribers that the Goatseus Maximus (GOAT) memecoin is “going to go much higher.

The Danish Tax Council has recommended what it terms non-backed crypto assets like Bitcoin be taxed similarly to asset-based crypto assets. The council argues the recommendations would allow crypto investors to deduct losses from gains thus making taxation more fair.

Ink's testnet will be available for developers before the end of the year, and Kraken will not launch its own token alongside the network's mainnet in 2025.

More than 33,000 crypto investors in South Korea are currently unable to access their assets, which amount to around $13 million, due to the closure of several crypto exchanges in the country, local media outlet The Korea Times reported on Oct. 14.

The open letter emphasized how clear regulatory frameworks can ensure the US remains competitive while safeguarding consumers and addressing illicit activity.

Kraken layer 2 blockchain is being built on Ethereum using technology from Optimism, similar to Coinbase's Base.

BingX has implemented enhanced security measures, including an upgraded firewall and collaborations with other blockchain security firms for round-the-clock monitoring.

Binance Futures launches the GOATUSDT perpetual contract, offering up to 75x leverage, enhancing trading options for users. The contract will be available on October 24, 2024.

Denmark's Tax Law Council has recommended the introduction of a legislative bill aimed at taxing unrealized gains and losses on cryptocurrency assets, a move that could significantly reshape the landscape for Danish crypto investors.

Kraken, whose founder donated $1 million in crypto to Donald Trump, intends to launch a blockchain network next year.

Coinbase Ventures is shifting focus away from pure-play crypto investments.

Binance, the world's largest cryptocurrency exchange, has tweaked its Binance Connect service to streamline fiat-to-crypto transactions for Web3 projects, as confirmed to Finbold on Thursday, October 24.

Skyfire is building the infrastructure that lets AI agents make autonomous payments, eschewing a human intermediary.

I am thrilled to announce our acquisition of The Drop, a web3 newsletter brand founded by Gannon Breslin.

On Oct. 23, the crypto market faced over $261 million in liquidations, mainly from long positions.

Kraken's Ink blockchain could democratize DeFi, fostering broader adoption and innovation by simplifying user experience and expanding app ecosystems. The post Kraken to debut Ink blockchain for DeFi trading and lending next year appeared first on Crypto Briefing.

Bybit and Block Scholes report a calm crypto market leading up to the U.S. election, with bullish sentiment despite lower short-term volatility. A new report from Bybit and Block Scholes, shared with crypto.

Collaboration with Optimism: Base anticipates a faster and more reliable withdrawal system

What's cool about this is that it will use technology similar to Coinbase's Base. If you're not familiar with Coinbase, think of it as one of Kraken's biggest rivals in the crypto world.

Kraken's new blockchain, Ink, will simplify decentralized finance access, offering trading, lending and borrowing services without intermediaries.

As crypto markets remain broadly bullish, several air drop s pr ovide exciting opportunities to earn tokens without any initial capital.