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Home2024August

Month: August 2024

Suspect Zhang being extradited from Thailand to China for a $14 billion cryptocurrency pyramid scheme.
Market Analysis

China Extradites Suspect in $14 Billion Cryptocurrency Pyramid Scheme from Thailand

August 24, 2024 Dan K

China extradites Zhang, suspect in $14 billion crypto pyramid scheme, from Thailand, marking a major victory in the global fight against financial crime.

Bitget and KoinX logos with a graphic symbolizing cryptocurrency tax reporting.
Blockchain

Bitget Partners with KoinX to Streamline Cryptocurrency Tax Reporting

August 24, 2024 Dan K

Bitget partners with KoinX to simplify crypto tax reporting, offering automated syncing and comprehensive reports for easier, accurate filings.

U.S. District Court Judge ruling on SEC lawsuit against Kraken, cryptocurrency exchange.
Blockchain

SEC Lawsuit Against Kraken to Proceed as Judge Denies Dismissal

August 24, 2024 Dan K

A California judge ruled that Kraken must face the SEC lawsuit, supporting the claim that certain cryptocurrency transactions qualify as securities.

WazirX logo with a background highlighting INR currency and a calendar showing August 26.
Blockchain

WazirX Announces INR Withdrawals Amid Ongoing Crypto Withdrawal Freeze

August 23, 2024 Dan K

WazirX resumes INR withdrawals on August 26, crypto withdrawals remain suspended after the $230M hacks in July 2024, leaving users in limbo.

Chinese and Thai officials formalize the extradition of a suspect involved in a $14 billion cryptocurrency pyramid scheme.
Blockchain

China Extradites Suspect in $14B Crypto Pyramid Scheme from Thailand

August 23, 2024 Dan K

China extradites Zhang, the suspect behind a $14 billion cryptocurrency pyramid scheme, from Thailand in a landmark case under the China-Thailand treaty.

NFT
Blockchain

Upbit Temporarily Halts NEAR Transactions Ahead of Network Upgrade

August 23, 2024 Dan K

Upbit suspends NEAR deposits and withdrawals on August 26, 2024, for a network upgrade. NEAR trading remains unaffected during the maintenance.

PayPal and Anchorage Digital logos with a digital coin representing PYUSD, symbolizing their new partnership for stablecoin rewards.
Blockchain

PayPal Joins Forces with Anchorage Digital for PYUSD Rewards Program

August 22, 2024 Dan K

PayPal partners with Anchorage Digital to reward PYUSD holders, navigating regulatory challenges in the stablecoin market while expanding crypto offerings.

Indian government panel discusses the upcoming crypto consultation paper, aiming to regulate the cryptocurrency industry
Blockchain

Indian Government Set to Release Crypto Consultation Paper in 2024: A Step Towards Regulatory Clarity

August 22, 2024 Dan K

The Indian government will release a crypto consultation paper in late 2024, aiming to bring much-needed regulatory clarity to the cryptocurrency sector.

CBDC
Blockchain

DBS Bank Pilots Blockchain for Government Grant Payouts in Singapore

August 22, 2024 Dan K

DBS Bank launches a blockchain pilot in Singapore to streamline government grant payouts, ensuring efficiency, security, and better user experience.

Image depicting Tether's logo alongside the UAE dirham symbol, representing the upcoming stablecoin launch.
Altcoins

Tether to Develop Dirham-Pegged Stablecoin in UAE

August 21, 2024 Dan K

Tether plans to launch a UAE dirham-pegged stablecoin with Phoenix Group and Green Acorn Investments, supporting the region’s growing crypto sector.

Posts pagination

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Coinmama
  • AI OSINT Tool Profiles YouTube Users, Prompting Privacy and Legal Alarms
  • Canary Capital Files S-1 with U.S. SEC for Staked Cronos ETF
  • Dow, S&P 500 Flat as Markets Eye Nvidia Earnings; GameStop Surges on Bitcoin Buy
  • Mantra and Dimitra Join Forces to Tokenize Farming and Carbon Projects
  • David Sacks: US Could Buy More Bitcoin Under Trump’s Crypto Order
  • 21Shares Files to List Spot Sui ETF on Nasdaq, Joining Canary Capital in U.S. Race
  • GameStop Confirms $513M Bitcoin Purchase in First Crypto Investment
  • Ripple to SEC: Fungible Cryptos in Secondary Sales Are Not Securities
  • MetaMask Integrates Solana Support on Browser Extension, Mobile Coming Soon
  • Circle Files for IPO on NYSE, Aiming to Raise Up to $624 Million
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