U.S SEC Issues Subpoena to PayPal Over PYUSD Stablecoin.
PayPal publicly stated in its Q3 financial report with the SEC that it had received a subpoena. The FCA of the UK granted PayPal a license to offer crypto services…
Dubai’s Financial Regulator Approves XRP Under Virtual Assets Regime.
The DFSA has expanded its virtual assets regime to permit a total of four cryptocurrencies. Ripple’s CEO praised Dubai’s ongoing commitment to the regulation of digital assets.According to a recent…
How Soon Can Bitcoin (BTC) Price Rally to $150K? Financial Advisor Bernstein Chips In
The investment research company expects an ETF approval to lead to roughly 10% of BTC’s circulating supply going toward the products.Investment research firm Bernstein has predicted that bitcoin (BTC) could…
$230M Worth of BTC Transaction From Dormant Whales.
3 dormant Bitcoin whale addresses moved 6,500 BTC ($230M) after 6 years of inactivity. In a recent development, three Bitcoin whale addresses have come to life after lying dormant for…
Onyx Protocol Exploited of $2.1 Million in Recent Attack
A similar flaw was exploited against Hundred Finance in April of last year.The team confirmed the stealing and said the team had since patched the security hole.Onyx Protocol, a DeFi…
BitGo Receives Crypto Custody License from BaFin in Germany.
The announcement follows BitGo’s Series C fundraising round in August 2023.The business received $100 million at an estimated valuation of $1.75 billion.The German Federal Financial Supervisory Authority (BaFin) has issued…
FTX and Alameda Research Transfer $27.2M Worth of Cryptocurrencies.
FTX and Alameda Research still own $736 million in EVM (Ethereum Virtual Machine) assets. The data shows that since October 25th, both parties have been making regular transactions.On October 31st,…
Kenya’s Digital ID System All Set for Launch in December 2023.
PCitizens of Kenya will be issued permanent identity numbers along with Maisha Namba. A parliamentary committee called to halt the Worldcoin crypto project led by Sam Altman.After a few months…
The CEO of Avalanche-based Web3 Social Platform Stars Arena Steps Down.
After suffering two exploits days after its launch, Stars Arena CEO steps down from his position.Stars Arena said that the platform’s CEO Chill Pill, resigned from their position, a move…
Outrageous Bitcoin (BTC) Withdrawal Worth $652 Million Reportedly From Binance.
A significant withdrawal of 19,197 BTC from Binance has triggered speculation and sparked discussions. What could be the driving force behind this move?In a move that has sent shockwaves through…