TON-Based Hamster Kombat Token Plummets 42% in 3 Days

September 30, 2024 Bitcoin.com

Binance

On Sunday, Sept. 29, 2024, market data revealed that the TON-powered crypto asset, hamster kombat (HMSTR), experienced a 14% drop against the U.S. dollar over the last day, just three days after its market debut. Initially trading at $0.009993 per token when it first hit major exchanges, HMSTR has since lost over 42% of its […]

Japanese Entertainment Giant’s Crypto Arm in Partnerships to Support Web3 Economy

Bitcoin Eyes a Positive Finish to September, Setting the Stage for ‘Uptober’

September 29, 2024 Bitcoin.com

Bitcoin

With two days remaining in September, bitcoin’s monthly gain stands at 11.11%, setting the stage for the widely anticipated ‘Uptober.’ Historically, October has been a strong month for bitcoin, delivering positive returns 81.82% of the time since 2013. ‘Uptober’ on the Horizon: Bitcoin Looks to Buck September’s Bearish History As of Saturday, Sept. 28, 2024, […]

Japanese Entertainment Giant’s Crypto Arm in Partnerships to Support Web3 Economy

Bybit Türkiye Gains Recognition as a Crypto Asset Service Provider by Turkish Regulator

September 23, 2024 Bitcoin.com

Bitcoin

Bybit Türkiye, the partner platform of global cryptocurrency exchange Bybit, has been officially listed as a crypto asset service provider by the Capital Markets Board (CMB) of Turkey. Turkish Regulator Grants Bybit Türkiye Crypto Asset Service Provider Status According to Bybit Türkiye’s announcement, the recognition marks a significant milestone for the exchange, allowing it to […]

Japanese Entertainment Giant’s Crypto Arm in Partnerships to Support Web3 Economy

Binance-Backed Tokocrypto Achieves Major Milestone With Indonesian License

September 10, 2024 Bitcoin.com

Bappebti

Crypto exchange Tokocrypto, a part of Binance Group, has achieved a major milestone by securing the Physical Crypto Asset Trader (PFAK) license from Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti), allowing it to operate as a licensed crypto asset trader. This move highlights Tokocrypto’s commitment to regulatory compliance and strengthens its position in Indonesia’s growing […]

Japanese Entertainment Giant’s Crypto Arm in Partnerships to Support Web3 Economy

Study: Bitcoin Millionaires up by 111%, Crypto Users Reach 560 Million

August 29, 2024 Bitcoin.com

bitcoin etf

A new report reveals a significant increase in wealthy crypto asset holders, with bitcoin (BTC) millionaires rising 111% to 85,400 and individuals with crypto assets worth $1 million increasing 95% to 172,300. Dominic Volek of Henley & Partners attributes this surge to the introduction of crypto exchange-traded funds (ETFs) and a BTC rally surpassing $70,000. […]

Japanese Entertainment Giant’s Crypto Arm in Partnerships to Support Web3 Economy

New Zealand Seeks to Adopt OECD’s Crypto Asset Reporting Framework

August 28, 2024 Bitcoin.com

bitcoin.com

The New Zealand government has introduced a bill to implement the OECD’s Crypto Asset Reporting Framework (CARF). This framework aims to increase transparency in the crypto asset market. Effective April 1, 2026, New Zealand-based crypto-asset service providers (CASPs) must collect and report information on reportable users’ transactions. Penalties are proposed for non-compliance by CASPs and […]

Japanese Entertainment Giant’s Crypto Arm in Partnerships to Support Web3 Economy

47 Companies Apply to Operate in Turkey Under New Crypto Regulations

August 12, 2024 Bitcoin.com

Binance Turkey

Turkey’s Capital Markets Board has issued an update on crypto asset service providers following new regulations. The provisional lists include 47 operational companies and three that are planning to liquidate. Current crypto service roviders are required to apply for permits or proceed with liquidation by specified deadlines, with legal repercussions for noncompliance. Turkey’s Capital Markets […]

Japanese Entertainment Giant’s Crypto Arm in Partnerships to Support Web3 Economy

South Africa’s FIC Unveils Draft Directive for Travel Rule Implementation; Crypto Industry Leader Issues Warning

May 5, 2024 Bitcoin.com

bitcoin.com

The South African Financial Intelligence Centre recently issued a draft directive calling crypto-asset service providers to implement the Financial Action Task Force’s (FATF) travel rule. However, key figures in South Africa’s crypto industry say several factors could hinder the implementation of the FATF’s Recommendation 16. CASP Interactions With Unhosted Wallets The South African Financial Intelligence […]

Japanese Entertainment Giant’s Crypto Arm in Partnerships to Support Web3 Economy

British Man Who Lost 7,500 BTC Sues for Right to Search Council Landfill

March 26, 2024 Bitcoin.com

bitcoin.com

A British computer expert, who inadvertently misplaced a hard drive containing 7,500 bitcoins, has initiated a legal action to compel the Newport City Council to permit him to search through the landfill where the storage device is believed to be buried. Anticipating a further increase in the value of the cryptocurrency, the expert said he […]

Japanese Entertainment Giant’s Crypto Arm in Partnerships to Support Web3 Economy

Report: French Crypto Trader Jailed for 18 Months for Buying a Ferrari With Bitcoin

May 12, 2023 Bitcoin.com

bitcoin.com

A French crypto trader, Thomas Clausi, is currently jailed in Morocco where he was convicted of the crime of purchasing a Ferrari using bitcoin. Clausi’s arrest and subsequent jailing came after a woman, who sold him a Ferrari for $440,000 in April 2021, filed a complaint against the crypto trader when the price of the […]

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