Web3 - Crypto News And Market Updates

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Crypto Scammers Stole Nearly $60M from 20 Victims in H1 2024

July 5, 2024 Gonzalo

Crypto scammers stole nearly $60M from 20 victims in H1 2024, contributing to a total of $314M in phishing-related losses, reports Scam Sniffer.

Illustration showing a sharp Bitcoin drawdown scenario tied to large unrealized losses.

German Lawmaker Calls Government’s Recent Mass Bitcoin Sell-Off “Not Sensible”

July 5, 2024 Gonzalo

Joana Cotar criticizes Germany’s mass Bitcoin sell-off, urging the government to hold BTC as a strategic reserve and develop a comprehensive Bitcoin strategy.

EBA to Extend EU Travel Rule to Crypto Exchanges Starting December

July 5, 2024 Gonzalo

The European Banking Authority expands the EU Travel Rule to include crypto exchanges, enhancing AML measures. Compliance begins December 30.

Illustration showing traditional banks and crypto networks merging into a unified digital asset ecosystem

Global Banking Regulators Approve Framework for Banks to Disclose Crypto Exposure

July 4, 2024 Gonzalo

The Basel Committee on Banking Supervision has approved a framework for banks to disclose their crypto exposure starting 2026, enhancing market discipline.

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Bitget Sees India as High-Priority Market, Mulls Expansion

July 3, 2024 Gonzalo

Bitget considers India a high-priority market and is engaging with local regulators for licensing, aiming to serve India’s rapidly growing crypto user base.

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Grant Cardone Lists $42M Property on Propy

July 2, 2024 Gonzalo

Grant Cardone lists his $42 million Golden Beach property on Propy, embracing blockchain technology for secure, transparent real estate transactions.

Illustration exploring theories about the identity of Bitcoin creator Satoshi Nakamoto.

US Judge Approves Expedited Schedule for Consensys Suit Against SEC

July 2, 2024 Gonzalo

A US judge has granted an expedited schedule for Consensys’ lawsuit against the SEC, with key dates set and a potential ruling by December.

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Singapore Flags Higher Terrorism Financing Risk for Digital Payment Token Services

July 1, 2024 Gonzalo

Singapore raises terrorism financing risk for digital payment tokens from “medium-low” to “medium-high,” citing anonymity and cross-border transaction concerns.

Circle Wins Europe’s First Stablecoin License via MiCA

July 1, 2024 Gonzalo

Circle secures Europe’s first MiCA stablecoin license, authorizing USDC and EURC services. Will this challenge Tether’s dominance in the stablecoin market?

Coinbase Will Custody Digital Assets for US Marshals Service

July 1, 2024 Gonzalo

Coinbase to provide custody and advanced trading services for large-cap digital assets for the US Marshals Service. Learn more about the collaboration.