Cryptocurrency Exchange BKEX Suspends Client Fund Withdrawals Amid Money Laundering Investigation

Cryptocurrency exchange BKEX announced that it has suspended the withdrawal of client funds while a police investigation is conducted in connection with possible money laundering by several users. In a statement, the site stressed that it would cooperate as much as possible ...

Warning: Scammers Flood Crypto Market with Fraudulent Memtokens

PeckShield reports that observations by its experts show that a series of scams involving the launch of about 24 memtokens have occurred in the past ten days. PeckShield analysts warn cryptoinvestors, who succumbed to the urge to earn on the rush of memtokens, of the dang ...

Regulators Target Virtual Reality Market Amidst Rise of Meta-Universes

Despite the lack of practical solutions for meta-universes, international regulators will hit the virtual reality market. Metaworlds will become a new "battleground" for regulators. This was the opinion of analysts of the blockchain firm Elliptic in their report. Experts believe that regulator ...

Coinbase Welcomes Canadian Cryptocurrency Regulations, Integrates Local Payment Network

The exchange likes regulation "by engaging." Coinbase is integrating a local payment network into its platform Cryptocurrency exchange Coinbase said it likes cryptocurrency regulations in Canada. The exchange is currently in conflict with the SEC because the U ...

Binance Conducts Offline Training in Ukraine to Combat Crypto-Crime

This is the first offline event from Binance since the war began It was attended by regulators, the National Police and cyber experts The company taught how to combat cryptocurrency crimes The Binance crypto exchange held training seminars for regulat ...

Controversy Surrounding PEPE Meme Token Raises Concerns in Crypto Industry

Founder of DeFi Watch announced that the popular meme token PEPE may be a fraudulent project, while the head of Dizer Capital believes that Pepecoin was created by regulators to undermine the crypto industry. Despite the fact that the market capitalization of Pepecoin cry ...

US Congress Demands Information from Regulators on Coordinated Actions Against Digital Asset Providers

The Financial Services Committee of the US Congress has called upon regulators to provide information regarding possible concerted actions against digital asset providers. House Financial Services Committee Chairman Patrick McHenry, French Hill Digital Assets Subcommittee Chairman, and Bill Huize ...

Venture Capital Investor Chris Burniske Predicts $10,000 ETH Price in the Near Future

According to Chris Burniske, a venture capital investor and partner at Filler, the cryptocurrency market is set to experience significant growth in the near future. Burniske is optimistic that the price of ETH will rise to $10,000 in the foreseeable future, representing a potential increase of 43 ...

Galaxy Digital CEO Michael Novogratz Claims US Government is Hostile to Cryptocurrencies

Galaxy Digital CEO, Michael Novogratz, has expressed his belief that the US government has taken a hostile stance towards the cryptocurrency industry. In an interview with Bloomberg, Novogratz stated that the Biden administration and the US Democratic Party don't like cryptocurrencies, largely du ...

Ethereum Co-Founder Refutes Claims of ETH Being a Security

According to Joseph Lubin, co-founder of Ethereum, ETH should not be considered a security but rather a highly liquid product. In contrast to some officials' opinions, Lubin believes that air is not a security and that everyone is entitled to their own opinion, but that does not necessarily make ...

Instability in Banking System Threatens Stablecoins, Bitcoin and Ether Show Uptrend

The CEO of ARK Invest, Catherine Wood, has expressed her concern over the instability of the banking system and its potential impact on stablecoins, while noting the upward trend of bitcoin and ether. Wood has criticized regulators for not taking timely action to prevent a potential banking crisi ...

Disney Star Launches Starverse Metaverse Platform for Sports Fans

Disney's subsidiary in India, Disney Star, has announced the launch of their very own metaverse platform called Starverse. The platform promises to offer an immersive 3D experience for sports fans, making it a natural fit for a multi-platform, multi-modal, and collaborative experience. Accordi ...

Survey Shows 20% of Americans Own Cryptocurrencies and Believe in the Future of Blockchain and Digital Assets

Based on a study conducted by Coinbase and Morning Consult, it has been found that one-fifth of the American population owns digital currencies. The majority of the participants in the survey believe that blockchain and digital assets hold the key to the future. ...

FTX Japan Confirms Customer Funds Withdrawal in February Despite Bankruptcy Proceedings

FTX Japan, a subsidiary of the FTX exchange, which is currently undergoing bankruptcy proceedings, has announced that its customers will be able to receive their funds in February. The exchange has sent notifications to its customers, informing them that they can now verify their bank accounts an ...