DeFi Archives - Page 13 Of 31

Upbit License Renewal Delayed Amid 500k Suspected KYC Violations

November 15, 2024 Paulo

South Korea’s Financial Intelligence Unit finds 500,000+ suspected KYC violations on Upbit, delaying the crypto exchange’s business license renewal.

Illustration of crypto compliance with EU regulatory guidelines focusing on restrictive measures.

EU Regulator Issues Guidelines for Crypto Providers to Ensure Compliance with Restrictive Measures

November 15, 2024 Paulo

EBA sets guidelines for crypto providers to ensure compliance with EU restrictive measures, addressing risks and enhancing financial system integrity.

Gavel and scales of justice representing UK court decision in BSV crypto lawsuit

UK to Unveil Stablecoin and Staking Regulations in December

November 14, 2024 Paulo

The UK will introduce stablecoin and staking regulations in December, aiming to balance innovation with financial integrity in the crypto sector.

Cardano Foundation Held $478M in Assets in 2023, Majority in ADA Tokens

November 13, 2024 Paulo

Cardano Foundation held $478M in assets in 2023, with 82.5% in ADA, 10.1% in Bitcoin, and the rest in USD, funding education, adoption, and resilience.

A Hive Digital Bitcoin mining facility under construction in Paraguay.

Hive Digital Expands Bitcoin Mining with New ASICs and Paraguay Facility Construction

November 12, 2024 Paulo

Hive Digital acquires 6,500 ASICs, enhancing its Bitcoin mining capacity and efficiency as it begins constructing a new facility in Paraguay.

Futuristic digital illustration of Dogecoin and ETF symbols glowing above financial charts, representing the upcoming DOGE ETF listing

Dogecoin Flips XRP as Elon Musk Sparks Market Surge

November 10, 2024 Paulo

Dogecoin overtakes XRP, becoming the seventh-largest cryptocurrency as Elon Musk’s interest in “DOGE” fuels a 14% price increase in 24 hours.

Cinematic illustration of digital stablecoins flowing through a futuristic global payment network built on blockchain.

Cumulative Traffic to Crypto Exchanges Rises by 8% in October Amid Pro-Crypto Election Boost

November 10, 2024 Paulo

Crypto exchanges saw an 8% traffic increase in October, driven by pro-crypto election outcomes, fueling a market rally and rising retail interest.

Blockchain

Canadian Police Commend Tether for Rapid Recovery of Stolen Funds

November 9, 2024 Paulo

Ontario Police thank Tether for its swift response in recovering stolen stablecoins, highlighting the crypto firm’s role in combating cybercrime.

Blockchain

Tether Ventures into Oil Trading with $45M Transaction, Transporting 670,000 Barrels of Crude

November 8, 2024 Paulo

Tether’s $45M oil deal signals its entry into commodity trading, pioneering blockchain-based finance and offering new options in global trade markets.

A smartphone displaying a digital wallet app with Hong Kong in the background, symbolizing decentralized KYC for Chinese visitors.

Flare and Red Date Launch KYC Solution for Chinese Nationals Visiting Hong Kong

November 8, 2024 Paulo

Flare and Red Date launch decentralized KYC for Chinese visitors to Hong Kong, offering privacy-focused financial services on public blockchain networks.