The Thai Securities and Exchange Commission (SEC) has proposed new regulations that would allow mutual and private funds to invest in digital assets in an effort to align with international developments and address growing interest from institutional investors. A draft proposal, published on Wednesday, is seeking public feedback on revisions to the criteria for funds investing in digital assets. The…
ZachXBT shared what he claims are nearly a dozen wallets controlled by memecoin trader Murad Mahmudov, which drew mixed reactions online. Source: https://cointelegraph.com/news/zachxbt-reveals-claimed-murad-mahmudov-24-million-memecoin-wallets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Serbia’s Deputy Prime Minister Aleksandar Vulin has championed BRICS as a compelling alternative to the European Union, emphasizing the economic bloc’s appeal for Serbia. He highlighted how BRICS does not impose political conditions like the EU, stressing cooperation based on respect and neutrality. Vulin’s comments signal a possible shift in Serbia’s global alliances, particularly as […] Source: https://news.bitcoin.com/brics-more-attractive-than-eu-says-serbias-vulin/
Ripple has been named a Platinum Winner for Best Cross-Border Payments Platform in Juniper Research’s 2024 Future Digital Awards for Fintech & Payments. Other winners included Huawei for mobile money, SAP Fioneer for banking-as-a-service, and Paymentology for embedded finance, highlighting a year of varied fintech advancements. Ripple Wins at 2024 Future Digital Awards Juniper Research […] Source: https://news.bitcoin.com/ripple-wins-platinum-for-best-cross-border-payments-platform-at-future-digital-awards-2024/
The Kamala Harris campaign took a novel approach to political outreach early Wednesday evening by combining a Tim Walz rally with live World of Warcraft gameplay on Twitch. The event, which streamed at 6:30 p.m. ET, featured Minnesota Governor and Walz’s speech from Arizona, side-by-side with gameplay commentary from Preheat, a popular WoW streamer. Walz was tapped as Vice President…
Only a Donald Trump election victory and a mostly Republican Congress could make Chevron potentially impactful, says Representative Tom Emmer. Source: https://cointelegraph.com/news/chevron-deference-wont-impact-crypto-tom-emmer?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The Ohio Bureau of Criminal Investigation’s new Electronic Fraud Investigations unit has recovered $130,000 from a cryptocurrency scam in its first victory. The unit was established to address the growing complexity of cyber financial crimes, particularly those involving cryptocurrency. Ohio’s New Fraud Unit Recovers $130K From Crypto Scam Ohio Attorney General Dave Yost announced on […] Source: https://news.bitcoin.com/ohios-new-crypto-fraud-unit-claims-first-victory-recovers-130k-from-scam/
Bitcoin had a rough Wednesday, starting the day above $62,000 but quickly slipping to a daily low of $60,541. The market turbulence didn’t stop there, as over $40 million in bitcoin long positions were wiped out. Across the broader crypto space, both long and short positions saw liquidations totaling $169.45 million in the past 24 […] Source: https://news.bitcoin.com/bitcoin-falls-to-60-5k-as-coinbase-premium-gap-points-to-sell-pressure/
Eighteen individuals and entities have been charged with fraud and market manipulation in the cryptocurrency industry. The charges involve deceptive practices such as wash trading and pump-and-dump schemes that inflated token prices, resulting in the seizure of $25 million in cryptocurrency. As part of “Operation Token Mirrors,” the Federal Bureau of Investigation (FBI) created a […] Source: https://news.bitcoin.com/fbi-creates-crypto-token-to-expose-fraud-seizes-25m-in-cryptocurrency-charges-18/
Global investment bank UBS remains optimistic about market prospects despite escalating geopolitical tensions in the Middle East. While fighting between Israel and Hezbollah and missile attacks from Iran have caused concern, oil prices are stable, gold remains near record highs, and U.S. recession fears are easing. UBS advises investors to hold onto risk assets, citing […] Source: https://news.bitcoin.com/ubs-maintains-optimism-in-markets-amid-middle-east-uncertainty/
