WASHINGTON, D.C. / CryptoWire.AI / – U.S. banking regulators are opening the door to crypto banks that enjoy bank-like benefits without matching safeguards, according to Washington-based advocacy group Better Markets. In an October 27 analysis, the group said actions by
Russian citizens will no longer be able to buy or sell cryptocurrency directly with each other from July 1, 2027, according to guidance from the Bank of Russia. The central bank said in a set of frequently asked questions that
Bitcoin climbed to a one-week high near $84,500 on Wednesday, October 21, as the crypto market recovered from a mid-October slide. The largest cryptocurrency rose 2.5% over 24 hours after falling below $80,000 earlier in the month. XRP and Zcash
Ledger has confirmed an unauthorized hardware implant in one customer device linked to cryptocurrency losses involving reseller CryptoBilis. The hardware wallet maker is investigating reports from users in Southeast Asia whose funds disappeared after they bought devices through the reseller.
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Bitcoin & Altcoins
Business
AI
Cryptowire: Global financial regulators and blockchain analytics research teams have issued joint advisories regarding an escalation in AI crypto scams that leverage synthetic media and autonomous agents to target digital asset investors across major international exchanges. Regulatory agencies report that
FinTech
Binance, the world’s largest cryptocurrency exchange, announced the upcoming addition of four major trading pairs, set to go live on September 4, 2024. The new pairs – AAVE/USDC, STMX/TRY, SUN/TRY, and TRX/USDC – are part of Binance’s ongoing strategy to
Ripple has once again unlocked 1 billion XRP tokens from its escrow accounts, a routine move that continues to grab the attention of investors. The tokens, valued at approximately $560 million, were released on September 1st, according to Whale Alert,
Rakeez Financial, a prominent player in Saudi Arabia’s fintech landscape, has recently announced the successful closure of a $2 million Seed Round investment led by CoreVision. This strategic funding round is poised to accelerate the growth and development of financial
Trampay, a cutting-edge FinTech startup committed to empowering Brazil’s burgeoning gig economy, has recently secured a substantial $250,000 pre-seed investment from Potencia Ventures, a renowned firm dedicated to fostering innovation within the gig economy landscape. This strategic investment underscores Potencia
Ethereum & NFTs
Hong Kong has stepped into the spotlight as the first Asian market to introduce retail investors to the trading of cryptocurrencies at spot prices, with the launch of six spot bitcoin and ether exchange traded funds (ETFs) on Tuesday. The
OKX, a prominent global cryptocurrency exchange and Web3 technology company, alongside Manchester City, has initiated the ‘Unseen City Shirts’ campaign, unveiling redesigned football jerseys that enthusiasts can acquire as digital collectibles (NFTs) via the OKX app. The campaign introduces a
Blockchain & DeFi
WASHINGTON, D.C. / CryptoWire / – The International Monetary Fund has found clear demand for tokenized U.S. stocks despite thin liquidity and higher volatility. Its latest financial stability analysis examined trading in some of the most active blockchain-based equity products.
THORChain halted trading and signing activity after a compromised Asgard vault was linked to more than $10 million in unauthorized digital asset outflows, marking a significant security incident for the decentralized cross-chain liquidity protocol. The halt was announced on May
Latest News
Stablecoin issuers Tether and Circle have frozen tokens linked to a security breach at Binance, as the exchange estimated the total impact at about $6.3 billion. Binance disclosed the incident on Thursday, October 29, and said around $3 billion had
WASHINGTON, D.C. / CryptoWire.AI / – U.S. banking regulators are opening the door to crypto banks that enjoy bank-like benefits without matching safeguards, according to Washington-based advocacy group Better Markets. In an October 27 analysis, the group said actions by
Russian citizens will no longer be able to buy or sell cryptocurrency directly with each other from July 1, 2027, according to guidance from the Bank of Russia. The central bank said in a set of frequently asked questions that