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Binance Secures 20th Global Milestone With Argentina Crypto Registration

Binance Secures 20th Global Milestone With Argentina Crypto RegistrationCrypto exchange Binance has achieved a significant milestone by joining Argentina’s Virtual Asset Service Providers Registry, marking its 20th global regulatory achievement. This allows Binance to expand its full range of services to Argentina-based users, further embedding itself in the country’s cryptocurrency market. Binance Joins Argentina’s Crypto Registry, Strengthens Global Compliance Crypto exchange Binance announced […]

Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024

After Initial Surge, MOODENG Falls 45.6%; Hamster Kombat Drops 51% From Peak

After Initial Surge, MOODENG Falls 45.6%; Hamster Kombat Drops 51% From PeakAccording to the latest market updates, two fresh-faced crypto assets, moo deng (MOODENG) and hamster kombat (HMSTR), have faced some dips over the past 24 hours. While HMSTR had a rocky launch, MOODENG initially skyrocketed, but the meme token has since tumbled 45.6% below its highest value. Crypto Rollercoaster: Newly Launched Crypto Assets See Massive […]

Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024

FBI Warns of Growing ‘Pig Butchering’ Crypto Schemes in Maryland

FBI Warns of Growing ‘Pig Butchering’ Crypto Schemes in MarylandThe Federal Bureau of Investigation (FBI) Baltimore office has issued a warning about the increasing prevalence of cryptocurrency investment fraud in Maryland. Known as “pig butchering,” scammers trick victims into fake crypto investments, leading to massive financial losses. FBI Warns of Surge in Cryptocurrency Investment Scams in Maryland The Federal Bureau of Investigation (FBI) Baltimore […]

Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024

Congressman Blasts SEC Chair Over Crypto Regulation Failures

Congressman Blasts SEC Chair Over Crypto Regulation FailuresCongressman Tom Emmer sharply criticized U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler during a congressional hearing, questioning his leadership and approach to cryptocurrency regulation. “The SEC broke the law, your attorneys lied to the court, and no one in your leadership here in D.C. has been held accountable,” the lawmaker stressed. Tom Emmer […]

Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024

Talent flocks to AI but ‘frothy’ market turns off VCs: Dragonfly Capital

Dragonfly Capital general partner Tom Schmidt urged crypto projects to consider whether they need venture capital funding. 

While many talented professionals are getting into artificial intelligence, Dragonfly Capital’s general partner said in its current state, the space is turning off venture capitalists. 

In an interview with Cointelegraph’s Ciaran Lyons at the Token2049 event in Singapore, Schmidt said that crypto and AI are currently competing for talent. With AI being a new technological development, the venture capital executive said that professionals are currently more attracted to the field. He explained: 

However, the same cannot be said for venture capitalists. Regarding capital, Schmidt said that people are getting more turned off by AI because it seems very “frothy and overallocated.” 

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Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024

FCA Files First Charges Against Unregistered Crypto ATM Operator in UK

FCA Files First Charges Against Unregistered Crypto ATM Operator in UKThe UK’s Financial Conduct Authority (FCA) has charged Olumide Osunkoya for operating unregistered crypto ATMs in the country. This case is significant as it represents the first prosecution under UK law for such activities. Osunkoya is accused of running a network of crypto ATMs that processed £2.6 million in transactions without registration, violating anti-money laundering […]

Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024

South Africa Leverages AI to Track Down Tax-Dodging Crypto Traders

South Africa Leverages AI to Track Down Tax-Dodging Crypto TradersThe South African government is tightening its grip on cryptocurrency trading. Tax authorities (SARS) are issuing tax notices and clarifying regulations, likely using AI to identify non-compliant traders. The central bank meanwhile has clarified rules for crypto purchases, allowing individuals limited investment but restricting companies. SARS Using AI to Track Down Tax Dodgers South African […]

Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024

Swiss Bank ZKB Partners With Crypto Finance to Launch Crypto Asset Brokerage

Swiss Bank ZKB Partners With Crypto Finance to Launch Crypto Asset BrokerageZürcher Kantonalbank (ZKB), Switzerland’s largest cantonal bank, has partnered with Crypto Finance AG to offer crypto asset brokerage services. By partnering with Crypto Finance AG, ZKB gains access to an experienced and regulated partner with deep industry expertise in the crypto space. This partnership marks a significant step towards the broader acceptance of cryptocurrencies in […]

Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024

Crypto Hedge Fund Galois Capital Fined $225,000 by SEC for Custody Rule Violations

Crypto Hedge Fund Galois Capital Fined 5,000 by SEC for Custody Rule ViolationsThe U.S. Securities and Exchange Commission (SEC) has slapped Galois Capital Management LLC with a $225,000 fine for falling short of the Custody Rule laid out in the Investment Advisers Act. The crypto-centric hedge fund and advisory firm was also accused of misleading investors about the redemption process. SEC Charges Galois Capital According to the […]

Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024