Web3 - Crypto News And Market Updates

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Crypto Cops Record $8.2B in Financial Remedies for Investors

November 24, 2024 Gonzalo

The SEC secured $8.2B for investors in 2024, with $4.5B from Terraform Labs, tackling major crypto cases despite a 26% drop in enforcement actions.

Illustration showing delayed Bitcoin repayments from Mt. Gox with falling coins.

Reserve Bank of India Expands Cross-Border Payments Platform

November 24, 2024 Gonzalo

RBI aims to revolutionize cross-border payments with CBDC integration, expanding partnerships in Asia and the Middle East for instant settlements.

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Polymarket Blocks French Users Amid Gambling Law Investigation

November 24, 2024 Gonzalo

Polymarket blocks French users after a $30M Trump election bet investigation by France’s gaming regulator, raising legal compliance concerns.

CFTC Commissioner Calls for Clear US Crypto Policy Reforms

November 22, 2024 Gonzalo

CFTC’s Summer Mersinger calls for structured US crypto regulations, criticizing “regulation by enforcement” and urging early engagement with new leaders.

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South Korean City Threatens Crypto Seizures Over Tax Debts

November 18, 2024 Gonzalo

Paju, South Korea, warns tax debtors to clear unpaid taxes by November’s end or face confiscation and sale of their cryptocurrency holdings.

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Polish Presidential Candidate Promises to Create a Strategic Bitcoin Reserve

November 18, 2024 Gonzalo

Polish presidential candidate Sławomir Mentzen vows to create a Bitcoin reserve if elected in 2025, aiming to boost Poland’s crypto-friendly policies.

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Semler Scientific Reports 37.3% Bitcoin Yield, Expands Holdings

November 18, 2024 Gonzalo

Semler Scientific reports a 37.3% Bitcoin yield and expands holdings to 1,273 BTC worth $114M, showcasing growth through its treasury strategy.

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Mantra Hits New All-Time High, Technicals Suggest More Gains Ahead

November 17, 2024 Gonzalo

Mantra surges 40% to a record $2.71 in 24 hours. Whale activity and strong technicals signal potential for further gains in the RWA tokenization space.

Satoshi-Era Bitcoin Wallet Moves 2,000 BTC for the First Time Since 2010

November 16, 2024 Gonzalo

A Satoshi-era Bitcoin wallet, inactive since 2010, moved 2,000 BTC to Coinbase. This $180M transfer highlights the growing impact of dormant crypto assets.

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

November 15, 2024 Gonzalo

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