Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,275,591,550,534.51
  • 24h Vol: $64,837,040,117.21
  • BTC Dominance: 56.31%
banking-sector-poses-highest-money-laundering-risk,-singapore’s-central-bank-says

Banking Sector Poses Highest Money Laundering Risk, Singapore’s Central Bank Says

Leave a Comment / anti-money laundering, banking sector, Bitcoin, Crypto, Crypto Hacked, Cryptocurrency, Ethereum, Finance, Money Laundering / / / , , , , ,

According to the Money Laundering Risk Assessment Report by Singapore’s central bank, the banking sector is identified as the highest money laundering risk to the country. The report also highlights risks related to digital assets and cryptocurrencies. To mitigate these risks, the Monetary Authority of Singapore (MAS) has implemented stringent regulatory measures under the Payment […]

Banking Sector Poses Highest Money Laundering Risk, Singapore’s Central Bank Says Read More »

detained-binance-employee-includes-financial-compensation-demand-in-amended-rights-lawsuit

Detained Binance Employee Includes Financial Compensation Demand in Amended Rights Lawsuit

Leave a Comment / Binance, Bitcoin, Crypto Hacked, Cryptocurrency, Ethereum, human rights, News Bytes, Newsbyte-3, Tigran Gambaryan / / / , , , ,

The jailed Binance employee, Tigran Gambaryan, recently requested permission to amend his fundamental human rights violation against Nigerian law enforcement agencies. The amended proposal reportedly seeks “the costs of this action on a full indemnity basis.” The Economic and Financial Crimes Commission counsel opposed the application for amendment. However, Justice Inyang Ekwo overruled the opposition

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bitcoin-network-adapting-despite-experiencing-growing-pains,-says-early-btc-investor

Bitcoin Network Adapting Despite Experiencing Growing Pains, Says Early BTC Investor

Leave a Comment / Bitcoin, Bitcoin network, Blockchain, Crypto Hacked, Cryptocurrency, dApps, Ethereum, Ethereum Virtual Machine (EVM), Interview, ordinals, Runes, Taproot activation / / / , , , , , , ,

Although Bitcoin-based decentralized applications (dapps) have been known to replicate or copy Ethereum dApps, Jeff Yin, founder of Merlin Chain, believes there is a growing impetus to build bitcoin dapps that are distinguishable from ether-based dapps. Yin, however, noted that the synchronization between bitcoin-based dapps and the Ethereum Virtual Machine (EVM) dapps still benefits the

Bitcoin Network Adapting Despite Experiencing Growing Pains, Says Early BTC Investor Read More »

former-microsoft-engineer-predicts-a-gradual-shift-in-blockchain-development-focus-toward-vertical-scaling

Former Microsoft Engineer Predicts a Gradual Shift in Blockchain Development Focus Toward Vertical Scaling

Leave a Comment / Bitcoin, Blockchain, blockchain scaling, blockchain trilemma, Crypto Hacked, Cryptocurrency, Ethereum, Interview, metamask, Wrapped ETH / / / , , , , , ,

While wrapped digital assets have enabled the bridging of assets and expanded their utility, their perceived need for custodianship reintroduces centralization risks and trust dependencies. This contradicts the decentralized ethos of blockchain technology, according to Chris Li, founder and CTO of Ava Protocol. Attaining Utility While Preserving the Core Principles of Decentralization Li told Bitcoin.com

Former Microsoft Engineer Predicts a Gradual Shift in Blockchain Development Focus Toward Vertical Scaling Read More »

prime-suspect-in-$2.2m-crypto-fraud-faces-up-to-20-years-in-prison

Prime Suspect in $2.2M Crypto Fraud Faces Up to 20 Years in Prison

Leave a Comment / Bitcoin, Crypto, Crypto Fraud, Crypto Hacked, Cryptocurrency, Ethereum, News Bytes, News Bytes - 2, prison / / / , , , , ,

The U.S. Department of Justice (DOJ) announced on Friday that Robert Wesley Robb, 46, from Colorado, pled guilty to wire fraud for deceiving investors with false promises about a Maximum Extractable Value (MEV) cryptocurrency trading bot. Robb solicited investments via social media, claiming high returns and pressuring individuals to invest quickly. On Sept. 8, 2023,

Prime Suspect in $2.2M Crypto Fraud Faces Up to 20 Years in Prison Read More »

south-african-tax-authorities-scrutinize-crypto-traders-amid-compliance-uncertainty

South African Tax Authorities Scrutinize Crypto Traders Amid Compliance Uncertainty

Leave a Comment / Bitcoin, capital gains, crypto exchanges, Crypto Hacked, crypto taxes, Cryptocurrency, Ethereum, News Bytes, Newsbyte-3 / / / , , , , ,

South African crypto traders have reportedly started receiving notices from the South African Revenue Service (SARS) indicating that their tax affairs are under review. The revenue collector is gathering information from various crypto-asset exchanges to assess compliance. Traders who fail to provide requested information could face criminal charges under the Tax Administration Act. SARS may

South African Tax Authorities Scrutinize Crypto Traders Amid Compliance Uncertainty Read More »

understanding-oscillators-in-bitcoin-trading:-a-technical-analysis-guide

Understanding Oscillators in Bitcoin Trading: A Technical Analysis Guide

Leave a Comment / Average Directional Index, Bitcoin, bitcoin trading, Commodity Channel Index, Crypto Hacked, Cryptocurrency, Ethereum, Learning - Insights, MacD, Market Conditions, oscillators, price momentum, RSI, Stochastic oscillator, Technical Analysis / / / , , , , , , , , , ,

In the realm of bitcoin trading, technical analysis can play a significant role, with oscillators being pivotal tools. Oscillators, developed over decades, assist traders in making informed decisions by analyzing price momentum and market conditions. This article delves into the history and usage of key oscillators leveraged in bitcoin trading. Oscillators and Why They Matter

Understanding Oscillators in Bitcoin Trading: A Technical Analysis Guide Read More »

nigerian-regulator-amends-vasps-rules;-threatens-enforcement-against-noncompliant-entities

Nigerian Regulator Amends VASPs Rules; Threatens Enforcement Against Noncompliant Entities

Leave a Comment / Bitcoin, Crypto Hacked, Cryptocurrency, Digital Assets, Ethereum, Regulation, virtual assets, virtual assets nigeria, virtual assets service providers (VASPs) / / / , , , ,

The Nigerian securities regulator said on June 21 that it had amended the digital asset rules to expand their scope and introduced an accelerated process for onboarding virtual asset service providers. The Accelerated Regulatory Incubation Programme provides VASPs with insights into the Commission’s expectations before they fully commence operations. Regulator Threatens Enforcement Action Against Non-Compliant

Nigerian Regulator Amends VASPs Rules; Threatens Enforcement Against Noncompliant Entities Read More »

parfin-creates-new-blockchain-to-be-used-as-privacy-solution-for-brazilian-cbdc

Parfin Creates New Blockchain to Be Used as Privacy Solution for Brazilian CBDC

Leave a Comment / Bitcoin, Blockchain, CBDC, Central Bank of Brazil, Crypto, Crypto Hacked, Cryptocurrency, Drex, Ethereum, News, parfin, Privacy, rayls / / / , , , , , , , , ,

Parfin, a financial technology company, has created a new blockchain system to be used as a privacy solution for the Brazilian CBDC, drex. Rayls, the new blockchain, will offer the possibility of operating in a permissioned way and also linking itself to other public blockchains using Rayls Public Chain, a native Ethereum layer two (L2).

Parfin Creates New Blockchain to Be Used as Privacy Solution for Brazilian CBDC Read More »

us-government-to-report-seized-crypto-as-‘nonmonetary-property’

US Government to Report Seized Crypto as ‘Nonmonetary Property’

Leave a Comment / accounting standards, Bitcoin, Crypto, Crypto Hacked, Cryptocurrency, Digital Assets, Ethereum, fasab, Regulation, Seized Crypto / / / , , , , , ,

The Federal Accounting Standards Advisory Board (FASAB) has clarified that seized crypto assets should be treated as “nonmonetary property” while central bank digital currencies (CBDCs) should be treated as monetary instruments. The federal authority claims that cryptocurrencies “do not typically possess all monetary characteristics,” emphasizing that they “are not effective as a unit of account,

US Government to Report Seized Crypto as ‘Nonmonetary Property’ Read More »