Kenya's $20B Crypto Market Advances Regulatory Framework
Kenya's crypto industry progresses with regulatory efforts led by the Blockchain Association of Kenya, reflecting the country's significant market and emerging challenges.
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24/07/2024 21:05
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Biden Administration Pushes for Crypto Regulation Amid Terror Funding Concerns
The Biden administration is calling on Congress to expand its regulatory authority over cryptocurrency to combat its potential use in financing terrorism, citing worries about groups like Hamas using digital assets for fundraising.
JasperRobinhood Expanding Crypto Trading in EU and Launching UK Brokerage
Robinhood, the well-known trading platform, is set to extend its crypto trading services into the European Union (EU) and establish a brokerage in the United Kingdom (UK) in the near future.
AaronWintermute Claims NEAR Foundation Reneged On $11M Stablecoin Redemption Deal
Wintermute CEO Evgeny Gaevoy says the company is considering legal action against the NEAR Foundation and Aurora
ClementGaming Studio Square Enix Enters NFT Space
The gaming giant has initiated the Chapter 1 allowlist entry campaign, inviting fans to mint exclusive digital collectibles for free.
AlexBiden Administration Pushes for Crypto Oversight Amid Hamas Worries
The Deputy Treasury Secretary urges the crypto industry to cease its involvement in facilitating terrorist financing.
JixuKlaytn Partners with Korindo and NEOPIN to Explore Ship-Asset Tokenisation
The Layer 1 blockchain network supported by Kakao intends to investigate tokenization methods in collaboration with a shipping division of Korindo, an Indonesian conglomerate.
JixuSouth Korean Police Bust 'International Crypto Fraud' Gang, Seize $12m
South Korean authorities have apprehended 49 individuals and frozen £12 million in assets in connection with an alleged international cryptocurrency fraud ring. The group is accused of running a fake cryptocurrency investment platform that attracted investors from abroad, resulting in losses of over £11.5 million for at least 253 victims, highlighting ongoing concerns about cryptocurrency fraud in South Korea.
JixuBinance's Market Share Shrinks in 2023
According to a report by OxScope, Binance currently dominates with over 50% of the total cryptocurrency trading volume on centralized exchanges. However, their spot trading share decreased from 62% a year ago to 40% by October 2023, while their derivatives market share remained around 50% throughout much of the year.
JixuXRPL Users Beware: Fake XRP Wallet on Chrome Store
In the most recent incident, a deceitful Xumm plugin was discovered lurking within the Chrome web store, prompting a swift and coordinated response from the vigilant XRPL community.
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