PRESS RELEASE. The Kinetex team is thrilled to announce its integration with Gnosis Pay, the world’s first on-chain self-custodial account that connects the traditional payment rails to Web3 rails. This collaboration provides a straightforward and fast way to top up balances from Bitcoin, Ethereum, and other EVM-compatible tokens by swapping them to EURe via Kinetex’s […] Source: https://news.bitcoin.com/fund-your-gnosis-pay-card-using-bitcoin/
Confidential transfers allow merchants to provide confidentiality for transaction amounts to their consumers while maintaining visibility for regulatory purposes. Source: https://cointelegraph.com/news/paypal-pyusd-stablecoin-confidential-transfers-solana
Trading platform Robinhood is finalizing a settlement with investors who claimed they were burned by its 2021 meme stock buy block. Source: https://cointelegraph.com/news/robinhood-close-settle-gamestop-meme-stock-lawsuit
Buterin said Ethereum layer 2s have become “the ultimate playing field for action” from institutional profit-oriented groups and people buying pictures of monkey NFTs. Source: https://cointelegraph.com/news/vitalik-buterin-layer-2s-cultural-extensions-of-ethereum
The Zkasino team announced on May 28 that it had initiated a two-step bridge back process, allowing users to retrieve their ethereum tokens. Users have between May 28 and May 31 to bridge back their funds, after which the signup process will be closed, and deposits will be halted. Rug Pull Allegations The team behind […] Source: https://news.bitcoin.com/web3-gaming-platform-zkasino-kickstarts-process-enabling-users-to-retrieve-ethereum-tokens/
Bitcoin’s price has sat in the “boredom zone” for over a month, leaving traders guessing about a potential surge or retracement. Source: https://cointelegraph.com/news/bitcoin-price-boredom-zone-consolidation-or-boom-traders-debate
The Crypto ISAC (Information Sharing and Analysis Center) launches on Wednesday as a 501(c)(6) not-for-profit association dedicated to bolstering security within the cryptocurrency ecosystem. Its founding members include Aleo, Circle, Coinbase, Consensys, Evertas, Fireblocks, Hedera, Kraken, Offchain Labs, Red Balloon Security, Ribbit Capital, Solana Foundation, and Trail of Bits. Its mission is to foster collaboration […] Source: https://news.bitcoin.com/security-focused-crypto-isac-debuts-with-founding-members-including-coinbase-kraken-circle/
The Texas State Securities Board has issued an Emergency Cease and Desist Order against Arkbit Capital and its affiliates, Arkbit Capital Holdings, ABC Holdings LLC, and ABC Mining. These companies were found operating a fraudulent MLM cryptocurrency investment scheme. Promising daily returns of 1.6-2.8% for 120 days on investments between $50 and $49,999, they lured […] Source: https://news.bitcoin.com/texas-issues-emergency-cease-and-desist-against-arkbits-crypto-operations/
The Securities and Exchange Commission has been dealt another blow in its crusade against crypto after a judge ordered the regulator to pay $1.8 million following its failed lawsuit against DEBT Box. Last year, the SEC alleged that crypto mining firm DEBT Box “lied to investors” in a “fraudulent scheme” where it raised $50 million in Bitcoin and Ethereum. Yesterday,…
The Hong Kong Securities and Futures Commission (SFC) has issued a reminder that crypto trading platforms must obtain a license to operate in Hong Kong before the grace period ends on June 1. The regulator warned that operating without a license is a criminal offense and will enforce compliance. Investors are advised to only trade […] Source: https://news.bitcoin.com/hong-kongs-grace-period-for-crypto-exchanges-ending-trading-platforms-must-obtain-license-by-june-1/
