PayPal is temporarily pausing the ability for its U.K. customers to buy cryptocurrencies like Bitcoin (BTC) as it works to comply with new regulations, the firm told Cointelegraph on Aug. 16.Continue Reading on Coin Telegraph More
On Aug. 16, CertiK released its findings from its investigation of a pseudonymous crypto scammer known as “Faint.” According to CertiK, the alleged scammer has been active since 2022, and the community has lost at least $1 million from their actions. Continue Reading on Coin Telegraph More
According to the Filing, the FBI seized $147,000 in Bitcoin (BTC), $800,000 in Ether (ETH), $307,000 in Tether (USDT), 469,000 in Dai (DAI) and $20,000 in Monero (XMR). The assets were confiscated from various sources, including Binance exchange wallets.Continue Reading on Coin Telegraph More
The fee-to-reward ratio in relation to freshly created BTC will become obsolete once all Bitcoin has been mined and the block reward hits 0. By then, miners will not be compensated with a block reward for successfully adding a new block to the blockchain.Continue Reading on Coin Telegraph More
Hardware wallets are physical devices specifically designed to store private keys securely offline. Examples include Ledger Nano S, Ledger Nano X and Trezor. These devices are immune to online attacks and malware, offering a robust layer of security.Continue Reading on Coin Telegraph More
Shares of the company climbed 5.5% to $83.52 in premarket trading. The approval was granted by the National Futures Association (NFA), a self-regulatory organization designated by the Commodity Futures Trading Commission (CFTC).”This is a critical milestone that reaffirms our commitment to operate a regulated and compliant business,” Coinbase (NASDAQ:COIN) said.The company has openly criticized the SEC, which in a June lawsuit accused Coinbase of operating illegally because it had failed to register as an exchange.CEO Brian Armstrong has also said more U.S. crypto companies could move offshore due to a hostile regulatory environment and that SEC Chair Gary Gensler’s enforcement-first approach could stifle innovation in the industry.The NFA approval, which came nearly two years after Coinbase filed its application, could allow the company to expand into a largely untapped market.The global derivatives market represents almost 80% of the entire crypto market, with leveraged bets on futures and other derivatives often at the root of volatility in the wider market.In July, crypto derivatives trading volumes globally totaled about $1.85 trillion, according to research firm CCData.The latest offerings will be from Coinbase Financial Markets, a unit of Coinbase. More
According to a court filing, Judge Analisa Torres granted permission for Andrew A. Kunsak from the law firm Sidley Austin LLP to serve as an investment banker declarant in the ongoing lawsuit of U.S. SEC v. Ripple Labs.Continue Reading on Coin Telegraph More
The company said that its latest GPT-4 AI model could significantly shorten content moderation timelines from months to hours, ensuring improved consistency in labeling.Continue Reading on Coin Telegraph More
