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10 months ago

KVANTS DAILY NEWS 2/04/24

Crypto.com to launch platform in South Korea following local exchange acquisition

Global digital asset exchange Crypto.com is launching its retail trading services in South Korea on April 29, according to its announcement on Tuesday. 
https://www.theblock.co/post/285979/crypto-com-south-korea

Singapore Enacts Licencing Requirements for Crypto Custody Services and Others

The change in scope also includes cross-border money transfers even when the money is not accepted or received in the city-state, and the facilitation of the transmission of crypto between accounts and exchanges,
https://www.coindesk.com/policy/2024/04/02/singapore-enacts-licencing-requirements-for-crypto-custody-services-and-others

Binance Appoints Board of Directors for First Time in Effort to Rebuild Reputation Following Legal Troubles

Binance has named a board of directors for the first time in an effort to reshape its image following last year’s guilty plea to US charges of anti-money laundering and sanctions violations.
https://cryptonews.com/news/binance-appoints-board-of-directors-for-first-time-in-effort-to-rebuild-reputation-following-legal-troubles.htm

The Winners Circle is Bringing Horse Racing to a New Generation of Web3 Fans

Zilliqa and Racing League’s Web3 loyalty platform is creating a “more interactive experience” to bring new fans to the team-based competition.
https://decrypt.co/224081/the-winners-circle-is-bringing-horse-racing-to-a-new-generation-of-web3-fans

News Explorer — US Spot Bitcoin ETFs See Net Outflows of $85.7 Million

U.S. spot Bitcoin ETFs experienced net outflows on Monday, with a total outflow of $85.7 million. Grayscale's GBTC fund saw outflows of $302.6 million, while BlackRock's IBIT ETF had inflows of $165.9 million. Despite the drop in outflows from GBTC in recent weeks, Monday's figure exceeded expectations.
https://decrypt.co/news-explorer?pinned=537713&title=us-spot-bitcoin-etfs-see-net-outflows-of-857-million

10 months ago

KVANTS DAILY NEWS 01/04/24

China Expands Digital Yuan Accessibility Through Hardware Wallet Integration

The Qingdao branch of the Bank of China (BOC) has rolled out a new payment option for Qingdao’s metro transit system through digital yuan hardware wallets.
https://cryptonews.com/news/china-expands-digital-yuan-accessibility-through-hardware-wallet-integration.htm

Telegram enables Toncoin payments for in-platform ad purchases

Telegram now lets users purchase in-platform advertisements with Toncoin, according to an announcement made over the weekend.
https://www.theblock.co/post/285815/telegram-buy-ads-with-toncoin

Vitalik Buterin shares the next steps for Ethereum Purge

The Purge will introduce history expiration via EIP-4444 to limit the amount of historical data stored.
https://cointelegraph.com/news/vitalik-buterin-next-steps-ethereum-purge

Protocol Village: Horizen Team Deploys Proof Verification Chain to Testnet

The latest in blockchain tech upgrades, funding announcements and deals. For the period of March 28-April 3.
https://www.coindesk.com/tech/2024/03/27/protocol-village/

Crypto Social Media Firm Merkle Gets Unicorn Valuation in Paradigm Deal

A developer of software for decentralized social-media networks founded by two former Coinbase Global Inc. executives is close to completing a funding round valuing it at about $1 billion, people with knowledge of the matter said.
https://www.bloomberg.com/news/articles/2024-03-30/crypto-social-media-firm-merkle-sees-1-billion-valuation-in-paradigm-deal?srnd=cryptocurrencies-v2

10 months ago

KVANTS DAILY NEWS 29/03/24

Detained Binance Exec Sues Nigerian Goverment Over Human Rights Violations

Binance's Head of Financial Crime Compliance Tigran Gambaryan demanded an apology from Nigeria's ONSA and EFCC.
https://decrypt.co/224031/detained-binance-exec-sues-nigerian-goverment

Taiwan’s crypto sector receives government approval to form industry association

Taiwan’s Ministry of the Interior has approved the application from the local cryptocurrency industry to form an industry association, as the government moves closer to regulating the nascent sector.
https://www.theblock.co/post/285555/taiwans-crypto-sector-receives-government-approval-to-form-industry-association

Brazil’s B3 Exchange Receives Regulatory Approval to Launch Bitcoin Futures in April

Brazilian exchange operator B3 has received approval from the country’s securities regulator to introduce Bitcoin futures trading. 
https://cryptonews.com/news/b3-receives-regulatory-approval-to-launch-bitcoin-futures.htm

Craig Wright Assets Frozen by UK Judge to Prevent Him Evading Court Costs

Judge James Mellor found earlier this month that Wright was not, as he'd claimed, Bitcoin inventor Satoshi Nakamoto.
https://www.coindesk.com/policy/2024/03/29/uk-judge-freezes-craig-wright-assets-to-prevent-him-evading-court-costs

Bankman-Fried Is Sentenced to 25 Years in Prison Over FTX Collapse

FTX co-founder Sam Bankman-Fried was sentenced to 25 years in prison for stealing billions of dollars from customers, marking the final chapter in a case that has upended the crypto industry.
https://www.bloomberg.com/news/articles/2024-03-28/bankman-fried-is-sentenced-to-25-years-in-prison?srnd=cryptocurrencies-v2

10 months, 1 week ago

KVANTS DAILY NEWS 27/03/24

HSBC launches retail tokenized gold products in Hong Kong

HSBC has launched tokenized gold products for retail clients in Hong Kong as the local government continues its drive for real-world asset tokenization.
https://www.theblock.co/post/284936/hsbc-tokenized-gold-hong-kong

SingularityNet, Fetch.AI, Ocean Protocol reportedly discuss token merger

Three prominent artificial intelligence (AI) protocols, SingularityNet, Fetch.ai and Ocean Protocol are in discussions to merge their tokens into an AltSignals (ASI) token that would have a fully diluted valuation of $7.5 billion.
https://cointelegraph.com/news/singularity-net-fetch-ai-ocean-protocol-token-merger

Munchables Exploited for $62M, North Korea-Linked Exploiter Returns Private Keys to Web 3 Firm

Web3 project Munchables was drained of an estimated $62.5 million worth of ether (ETH) early Wednesday after a contract was maliciously manipulated, blockchain data shows.
https://www.coindesk.com/tech/2024/03/27/munchables-exploited-for-62m-ether-linked-to-rogue-north-korean-team-member

Texas Crypto Mining Firm Giga Energy Expands Operations to Argentina

Texas-based crypto mining firm Giga Energy has expanded its operations to Argentina following its expansion across the U.S. and into Shanghai, tapping into the gas flaring trend.
https://cryptonews.com/news/texas-mining-firm-giga-energy-expands-operations-to-argentina.htm

SEC Ramps Up Massive-Hack Probe With Focus on Tech, Telecom Companies

The US Securities and Exchange Commission is asking tech and telecom companies how they handled the sprawling 2020 SolarWinds cyberattack, and drawing fire from the cybersecurity industry and big business for what they call overreach.
https://www.bloomberg.com/news/articles/2024-03-26/sec-steps-up-solarwinds-probe-with-inquiries-to-techs-telecoms?srnd=cryptocurrencies-v2

10 months, 1 week ago

KVANTS DAILY NEWS 26/03/24

Roger Ver Dismisses Adam Back’s Invitation to Return to Bitcoin, Stands Firm on BCH

Roger Ver remains skeptical of layer-2 solutions and doesn't foresee the disparate camps coming together any time soon.
https://decrypt.co/223349/roger-ver-bitcoin-cash-adam-back-layer-2

US Treasury Targets Russian Blockchain Companies for Sanctions Evasion

The US Treasury’s Office of Foreign Assets Control (OFAC) on Monday sanctioned 13 entities and two individuals. They are accused of developing crypto-related services that could facilitate sanctions evasion on behalf of Russian nationals.
https://cryptonews.com/news/us-treasury-russia-blockchain-firms-sanctions-evasion.htm

Cathie Wood’s ARK dumps $31M in Robinhood stock, stacks Roblox

ARK Invest, the investment management firm founded by veteran investor Cathie Wood, started dumping large amounts of stock of the cryptocurrency-friendly broker-dealer Robinhood (HOOD).
https://cointelegraph.com/news/ark-sell-31m-robinhood-stacks-roblox

SEC Seeks $1.95B Fine in Final Judgment Against Ripple

Stuart Alderoty, Ripple Labs’ chief legal officer, criticized the SEC and wrote that the company will file its response to the SEC’s motion next month.
https://www.coindesk.com/policy/2024/03/26/sec-seeks-195b-fine-in-final-judgment-against-ripple

Borderless Capital acquires quant firm CTF Capital, plans LatAm HQ in Argentina

U.S.-based, crypto-focused investment manager Borderless Capital announced it has acquired quant trading firm CTF Capital in an effort to ramp up its expansion into Latin America while adding "AI-driven strategies and advanced quant trading methodologies," the company said in a statement.
https://www.theblock.co/post/284544/borderless-captial-acquires-quant-firm-ctf-capital-plans-latam-hq-in-argentina

10 months, 1 week ago

KVANTS DAILY NEWS 25/03/24

Singapore-Licensed DigiFT Introduces US Treasury Bill Depository Receipt Tokens

DigiFT, a Singapore-based fintech company, has made a foray into the digital asset realm with the launch of the its US Treasury bill depository receipt (DR) tokens. 
https://cryptonews.com/news/digift-introduces-us-treasury-bill-depository-receipt-token.htm

Binance’s Russian successor CommEx to shut down in April

CommEx previously remained silent about its founders or key executives, but admitted having some former Binance Russia veterans in the team.
https://cointelegraph.com/news/binance-russia-successor-commex-shuts

Detained Binance Executive Escapes Custody in Nigeria

Binance executive Nadeem Anjarwalla has reportedly escaped detention in Nigeria, as the FIRS filed tax evasion charges against the exchange.
https://decrypt.co/223215/detained-binance-executive-escapes-custody-in-nigeria-report

Terraform Goes on Trial as Do Kwon Awaits Extradition in Montenegro

Terraform Labs Pte. goes on trial Monday over civil fraud claims tied to the 2022 implosion of its TerraUSD stablecoin, while co-founder Do Kwon remains in Montenegro waiting to learn whether he’ll be extradited to the US or South Korea to face criminal charges.
https://www.bloomberg.com/news/articles/2024-03-25/terraform-goes-on-trial-as-kwon-awaits-extradition-in-montenegro?srnd=cryptocurrencies-v2

EU Markets Watchdog Steps Closer to Finalizing Rules Under MiCA

The European Securities and Markets Authority on Monday published a final report on measures along with its third consultation package for further rules and guidance.
https://www.coindesk.com/policy/2024/03/25/eu-markets-watchdog-steps-closer-to-finalizing-rules-under-mica

10 months, 2 weeks ago

KVANTS DAILY NEWS 19/03/24

OKX Delists Tether’s USDT for EU Users Amid Regulatory Concerns

OKX has discontinued support for cryptocurrency trading pairs involving Tether’s USDT stablecoin for users based in the European Union (EU) and the European Economic Area (EEA).
https://cryptonews.com/news/okx-delists-tethers-usdt-for-eu-users-amid-regulatory-concerns.htm

MicroStrategy sells another $604M of notes to buy 9K Bitcoin

MicroStrategy keeps aggressively buying Bitcoin while completing another $603.75 million offering of convertible notes.
https://cointelegraph.com/news/microstrategy-sells-604m-notes-buy-btc

UK Regulator FCA Plans to Deliver a Market Abuse Regime for Crypto This Year

The U.K.’s Financial Conduct Authority (FCA) intends to deliver a market abuse regime for crypto this year, according to its business strategy on Tuesday.
https://www.coindesk.com/policy/2024/03/19/uk-regulator-fca-plans-to-deliver-a-market-abuse-regime-for-crypto-this-year

Square Enix Brings Ethereum NFT Game Symbiogenesis to HyperPlay Amid Investment

The Final Fantasy maker has made a strategic investment in HyperPlay and is extending its Symbiogenesis game to the launcher.
https://decrypt.co/222281/square-enix-ethereum-nft-game-symbiogenesis-hyperplay-amid-investment

Genesis agrees to $21 million penalty, with bankruptcy claims to be paid first

Genesis Global Capital agreed to pay a $21 million civil penalty as part of a settlement over charges it engaged in the unregistered offer and sale of securities through Gemini Earn.
https://www.theblock.co/post/283400/genesis-penalty-bankruptcy-claims

10 months, 2 weeks ago

KVANTS DAILY NEWS 18/03/24

China’s Central Bank Publishes Digital Yuan Guide for Foreign Visitors

China’s central bank, the People’s Bank of China, has published a digital yuan service guide for foreign visitors to help them make contactless payments with e-CNY.
https://cryptonews.com/news/chinas-central-bank-publishes-digital-yuan-guide-for-foreign-visitors.htm

Nigeria's SEC Proposes 400% Increase to Crypto Firm Registration Fees

The regulator proposed increases to all supervision fees as the government blamed crypto for recent economic woes.
https://www.coindesk.com/policy/2024/03/18/nigerias-sec-proposes-400-increase-to-crypto-firm-registration-fees/?_gl=1*bh89qn*_up*MQ..*_ga*NjAzMjA2MTgwLjE3MTA3NjY4MTA.*_ga_VM3STRYVN8*MTcxMDc2NjgwOS4xLjAuMTcxMDc2NjgwOS4wLjAuMA..

IMF wants Pakistan to tax crypto gains to pay for $3B bailout
The International Monetary Fund also recommended Pakistan introduce stricter laws on collecting capital gains from real estate title transfers.
https://cointelegraph.com/news/imf-pakistan-tax-crypto-capital-gains

Solana Soars Into Top Four Amid SLERF Meme Coin Snafu

While Solana has been rallying, the ecosystem has been reeling from an issue with the SLERF meme coin launch.
https://decrypt.co/222113/solana-top-4-market-cap-slerf-meme-coin

Figure launches new blockchain-focused entity after raising $60 million in Series A
U.S.-based fintech firm Figure Technologies announced today that it is launching a separate company named Figure Markets, a “first step” in developing a single platform for investors to trade a wide array of blockchain-native assets including crypto, stocks and alternative investments.
https://www.theblock.co/post/283047/figure-launches-new-entity

10 months, 2 weeks ago

KVANTS DAILY NEWS 15/03/24

UK court rules Craig Wright not Nakamoto, ending long-standing drama

A judge has ruled definitively that Craig Wright is not the pseudonymous creator of Bitcoin, dealing a blow to his claims of ownership over the currency’s intellectual property.
https://cointelegraph.com/news/uk-court-craig-wright-bitcoin-satoshi-nakamoto

Aptos GameStack Eases Crypto Game Development—With Google Cloud's Help

Developers can now utilize Aptos Labs’ blockchain gaming suite, which includes a collaboration with Google Cloud for live service games.
https://decrypt.co/221859/aptos-gamestack-eases-crypto-game-dev-google-cloud

Democrats Ask SEC's Gensler to Block Approval of More Crypto ETPs

Senators say that retail investors face "enormous risks" from such products because thin order books for some cryptocurrencies
https://www.coindesk.com/policy/2024/03/15/democrats-ask-secs-gensler-to-block-approval-of-more-crypto-etps/

AlphaOrBeta Launches BNB Zone, Revolutionizing Prediction Markets As Binance Labs MVB Season 7 Cohort

AlphaOrBeta, powered by OpinionLabs, launched BNB Zone on March 8th, marking a new milestone in the Binance ecosystem. This launch demonstrates their innovative approach to opinion and prediction markets, providing users with a dynamic platform for engagement and insight sharing.
https://www.theblock.co/post/282496/alphaorbeta-launches-bnb-zone-revolutionizing-prediction-markets-as-binance-labs-mvb-season-7-cohort

Poll Finds 48% of Crypto Owners Plan to Vote for Donald Trump, Indicating the Significance of the Crypto Community in Elections

According to a poll commissioned by Paradigm, 48% of crypto owners plan to vote for Donald Trump, while 39% plan to vote for Joe Biden. The poll also revealed that 19% of voters own or use cryptocurrencies, and an additional 16% are likely to invest in digital assets.
https://decrypt.co/news-explorer?pinned=515546&title=poll-finds-48-of-crypto-owners-plan-to-vote-for-donald-trump-indicating-the-significance-of-the-crypto-community-in-elections

10 months, 3 weeks ago

KVANTS DAILY NEWS 13/03/24

Binance Asked to Provide Names and Transaction History of Top 100 Users in Nigeria

The demand arises while the Nigerian government is now in its third week of detaining two Binance senior executives.
https://decrypt.co/221493/binance-asked-to-provide-names-and-transaction-history-of-top-100-users-in-nigeria

Vega creates derivatives market for crypto points, starting with EigenLayer

Derivatives network Vega has created a market for derivatives trading of points, beginning with EigenLayer. The aim is to allow users to hedge the value of their points.
https://www.theblock.co/post/282182/vega-creates-derivatives-market-for-crypto-points-starting-with-eigenlayer

SEC Orders First Trust and SkyBridge to Declare ETF Application as Abandoned

The US Securities and Exchange Commission (SEC) has instructed First Trust Advisors and SkyBridge Capital, the hedge fund led by former White House Communications Director Anthony Scaramucci, to mark their Bitcoin exchange-traded fund (ETF) application as abandoned. 
https://cryptonews.com/news/sec-orders-first-trust-and-skybridge-to-declare-etf-application-as-abandoned.htm

Ether Could See Price Correction After Dencun Upgrade, QCP Capital Says

QCP's sentiment towards ether is cautiously optimistic, with concerns about potential corrections and the impact of leverage in the market.
https://www.coindesk.com/markets/2024/03/13/ether-could-see-price-correction-after-dencun-upgrade-qcp-capital-says/

Thailand approves personal income tax exemption for token earnings

The tax measures aim to promote fundraising using investment tokens and establish the country as an investment hub.
https://cointelegraph.com/news/thailand-tax-exemption-token-earnings

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Last updated 4 months, 2 weeks ago

Your easy, fun crypto trading app for buying and trading any crypto on the market.

📱 App: @Blum
🆘 Help: @BlumSupport
ℹ️ Chat: @BlumCrypto_Chat

Last updated 4 months, 1 week ago

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Last updated 3 weeks, 4 days ago