Kraken has announced the delisting of Monero (XMR) across the entire European Economic Area (EEA) due to regulatory changes. Effective October 31, 2024, at 15:00 PM UTC, trading and deposits for all XMR markets will be halted, and any open orders will be automatically closed. Clients will have until December 31, 2024, to withdraw their […] Source: https://news.bitcoin.com/kraken-to-delist-monero-xmr-across-europe/
The Australian financial institution ANZ Bank has joined Project Guardian, a Monetary Authority of Singapore (MAS) initiative exploring the digitization of financial markets. In partnership with Chainlink Labs and ADDX, ANZ will investigate the interoperability of private blockchains for exchanging tokenized assets like commercial paper. ANZ aims to contribute to developing a stable, secure digital […] Source: https://news.bitcoin.com/aussie-bank-joins-mas-digital-asset-interoperability-project/
The Australian Federal Police said an analyst cracked the seed phrase to a crypto account belonging to the accused owner of an organized crime messaging app. Source: https://cointelegraph.com/news/australian-feds-crack-seed-phrase-access-alleged-ghost-app-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Over 1,200 crypto startups raised funds during a tumultuous year of crypto collapses, and 80% of these projects are still building today, according to Lattice Fund. Source: https://cointelegraph.com/news/eighty-percent-seed-funded-crypto-projects-from-2022-still-operating-despite-market-chaos?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Jonathan Chester, CEO of Bitwage, has detailed how the company has been serving Argentine remote workers who prefer collecting payments from employers abroad in stablecoins. Chester stated that 70% of its customers in the country use stablecoins, reinforcing that these have helped Argentines increase their net salaries up to 50%. Bitwage CEO Jonathan Chester: 70% […] Source: https://news.bitcoin.com/bitwage-ceo-stablecoins-have-been-a-lifesaver-for-argentines/
The outflow has reversed an eight-day trend of consecutive inflows totaling $1.4 billion. Source: https://cointelegraph.com/news/bitcoin-etfs-largest-outflow-in-nearly-month-iran-israel-conflict?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The Bank of Russia has explained that the launch of the digital ruble, the Russian CBDC, will not affect the state’s mechanisms to control inflation or the amount of money issued. The institution clarified that the new currency does not pose risks to the country’s financial stability, and will not change the functions of the […] Source: https://news.bitcoin.com/bank-of-russia-claims-digital-ruble-issuance-wont-cause-inflation/
Bitcoin is gearing up for a potential rally in the closing months of this year, with several developments lining up to provide a much needed market boost, analysts say. Despite a 4% decline on Tuesday following Iran’s missile strike on Israel, Bitcoin has since rebounded from two-week lows, climbing above $61,500 after dropping to as low as $60,300. The decline…
Evan Frederick Light faces up to 20 years behind bars for each charge, including conspiracy to commit wire fraud and launder monetary instruments. Source: https://cointelegraph.com/news/hacker-stole-37-million-crypto-pleads-guilty-fraud?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Binance Kazakhstan has secured a full Digital Asset Trading Facility (DATF) license from the Astana Financial Services Authority. This approval allows the crypto exchange to operate as a trading platform, broker-dealer, and digital asset custodian. Kazakhstan becomes the first Central Asian country where Binance has regulatory approval, positioning it as a key fintech hub. Binance […] Source: https://news.bitcoin.com/binance-secures-regulatory-license-in-kazakhstan-for-crypto-trading/
