US-based neobank iPeakoin has raised nearly USD 10 million in a Series A funding round led by China-based venture capital firm ZhenFund. According to Yahoo, the company has garnered attention in the fintech sector for its focus on bridging traditional finance and the crypto industry. iPeakoin’s product suite targets diverse industries, including advertising, gaming, … Read more
DUBAI, United Arab Emirates, Nov. 24, 2023 (GLOBE NEWSWIRE) — OKX, a leading crypto exchange and Web3 technology company, has issued updates for November 24, 2023. OKX to List Fetch AI (FET) and SingularityNET (AGIX) on its Spot Market OKX today announced that it will list two tokens on its spot market at 10:00 (UTC) … Read more
WASHINGTON — While the scandals in the cryptocurrency industry seem to never end, Washington policymakers appear to have little interest in pushing through legislation to codify the structure of the industry. The latest shoe to drop is Binance’s multibillion dollar settlement with U.S. authorities and the resignation of its CEO this week. Before that came … Read more
Binance and its chief executive, Changpeng Zhao, pleaded guilty to criminal charges for anti-money laundering and violations of US sanctions under a sweeping deal with the US Department of Justice. The deal, which will allow the company to continue to operate, will also see Zhao step down as CEO. Binance will pay a $4.3 billion … Read more
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Cryptocurrency investors can now buy a coin pegged to the New Zealand dollar, making swapping our traditional currency for crypto faster and simpler. A company linked to the local crypto-trading platform Easy Crypto launched NZDD on Wednesday as a means to increase investor uptake of cryptocurrency – a first that beats the Reserve Bank of … Read more
Mastercard told CNBC exclusively Monday that it’s partnered with Feedzai, a regulatory technology platform, to improve monitoring and blocking of fraud in crypto. Feedzai will integrate with Mastercard’s CipherTrace Armade platform, which is used to help banks monitor transactions from over 6,000 crypto exchanges for fraud. The move marks a major push from Mastercard into … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Rebecca Rettig, … Read more
By Lavu Sri Krishna Devarayalu, Kiran Vivekananda A brief analysis of the crypto sector’s journey in India would reveal that our national policy has deferred from ignoring the sector to opposing the sector, all while being witness to its meteoric rise. The latest attempts by the Government to curtail its growth included putting onerous tax … Read more
TAICHUNG, TAIWAN, Nov. 03, 2023 (GLOBE NEWSWIRE) — To address the latest innovation, Coresky announced the private sale of OORT, which emerged as a cloud service provider with $6.2 million in funding. This initiative marks a significant development in cloud services and has garnered attention from industry leaders and investors worldwide. OORT is poised to … Read more
At 7:33 pm eastern yesterday, Sam Bankman-Fried, founder of bankrupt crypto exchange FTX, was found guilty of seven counts of fraud and conspiracy. The crypto industry exhaled. The verdict was a “huge relief,” says market analyst Noelle Acheson, formerly of crypto brokerage Genesis. The fraud at FTX, which threw the crypto world into a spin … Read more