Bitcoin ATM scams have become a significant concern for both regulators and investors, with losses skyrocketing by 10 times in just three years. This alarming trend underscores the increasing sophistication of scammers and the vulnerabilities within the cryptocurrency ecosystem. A recent report from the Federal Trade Commission (FTC) revealed that Bitcoin ATM scam losses surged from $3 million in 2019…
SINGAPORE, Sept. 12, 2024 /PRNewswire/ — HTX Ventures, the global investment division of HTX, today released its latest research analysing Bitcoin’s potential and challenges in the field of Bitcoin decentralized finance (BTCFI). The report, titled Exploring the BTCFI Rabbit Hole from the Perspective of Bitcoin’s Programmability, aims to help readers understand the BTCFI sector better, by exploring the evolutionary path…
CALABASAS, Calif., Sept. 12, 2024 /PRNewswire/ — After months in early access release, Swan Bitcoin has made its advanced self-custody product, Swan Vault, available to the general public. Swan Vault empowers clients to control their own Bitcoin without relying on exchanges, banks, or other institutions. With Swan Vault, clients maintain complete control over their Bitcoin and don’t have to go it…
SINGAPORE, Sept. 12, 2024 /PRNewswire/ — AEON, the next-generation modular payment protocol, is thrilled to announce the highly anticipated GameOn TON Global Gaming Hackathon in partnership with The Open Network (TON) Foundation and Nomad Capital, with its opening ceremony in Singapore on September 19th. This prestigious global event is the world’s largest TON ecosystem gaming hackathon, boasting a several million…
SEOUL, South Korea, Sept. 12, 2024 /PRNewswire/ — HYBE announced today that its subsidiary BINARY KOREA (hereafter “BINARY”) has signed a memorandum of understanding (MOU) with Coinbase, the world’s most reputable cryptocurrency company, to work together on developing BINARY’s Onchain Engagement Protocol that aims to revolutionize the creator economy through blockchain technology. BINARY, HYBE’s arm dedicated to prioritizing Web3 user…
SINGAPORE, Sept. 12, 2024 /PRNewswire/ — Alchemy Pay, the world-leading fiat-crypto payment gateway, has announced its official support for the BNB ecosystem. With this support, Alchemy Pay’s On & Off- Ramp now supports popular tokens on BNB Chain, including its native token BNB and stablecoins like USDC and USDT. This integration highlights Alchemy Pay’s expanded support for the BNB ecosystem, facilitating seamless…
Bitcoin experienced a significant drop, falling to $56,000 amid a broader sell-off in the stock market led by Nvidia. The decline in Bitcoin’s value came as Nvidia (NASDAQ:NVDA) saw its shares plummet due to concerns over its future growth prospects and supply chain issues. The sell-off in Nvidia stocks created a ripple effect across the market, impacting various sectors and…
Although both bitcoin and ethereum have been cruising at lower prices compared to earlier this year, there’s been a silver lining: transaction fees on these leading blockchains have significantly decreased. With costs now sitting at notable lows, it could be the perfect moment to fine-tune transaction expenses for certain activities or even gather unspent transaction […] Source: https://news.bitcoin.com/bitcoin-and-ethereum-fee-drop-the-perfect-time-for-cost-effective-transactions/
Hong Kong’s Securities and Futures Commission (SFC) is actively seeking input from industry participants on proposed new licensing regulations for over-the-counter (OTC) cryptocurrency services. The initiative aims to establish a comprehensive framework that mandates licensing and adherence to anti-money laundering (AML) and counter-terrorist financing regulations. This move, which includes joint supervision by the SFC and […] Source: https://news.bitcoin.com/hong-kong-sfc-seeks-industry-feedback-on-new-licensing-rules-for-otc-crypto-services/
In a continued effort to secure the release of Binance executive Tigran Gambaryan, a former U.S. law enforcement officer, the United States government has once again urged Nigerian authorities to free the imprisoned cryptocurrency executive, according to a report. Gambaryan, who has been detained in Nigeria since February 2024, faces mounting health concerns amid allegations of inadequate medical care. Secretary…
