The project is also targeting institutional investors by allowing the setting up of 1,000 validators for ETH staking within its platform.
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Bitcoin gaming enters Africa with local crypto exchange partnership
The Bitcoin gaming economy gets a boost from Zebedee’s expansion into Africa, complementing its Brazil and Philippines operations.
Spanish tax agency to send over 328K notices to crypto holders
According to fiscal authority, the number of potential taxpayers who failed to declare their crypto assets rose by 40% in a year.
Argentina securities regulator approves Bitcoin futures index
The regulated Bitcoin futures index is reportedly a first in Latin America and is set to debut in May.
Argentina securities regulator approves Bitcoin futures index
The regulated Bitcoin futures index is reportedly a first in Latin America and is set to debut in May.
Former investment banker charged for allegedly defrauding crypto investors
The federal court in Brooklyn, New York, charged a former investment banker and registered broker for allegedly defrauding numerous investors by promising profits on fake cryptocurrency investments and misappropriating the funds received to finance his lifestyle.
Documents with the court claim the defendant, Rashawn Russell, misused the growing interest in crypto investments to mislead investors. Russell convinced multiple investors to reinvest their fiat savings into cryptocurrencies, often promising significant or “guaranteed” returns. However, it is alleged that Russell misappropriated the investors’ money to fund his personal lifestyle.
Breon Peace, United States attorney for the Eastern District of New York, revealed the court’s intent to pursue the case against the former banker:
“As alleged, Russell turned the demand for cryptocurrency investments into a scheme to defraud numerous investors in order to fund his lifestyle. This Office will continue to aggressively pursue fraudsters perpetrating these schemes against investors in the digital asset markets.”
After convincing investors about the fake cryptocurrency investment scheme based on his credibility as a former investment banker and a registered broker with the Financial Industry Regulatory Authority, Russell allegedly used their money to gamble and repay other investors.
Former investment banker charged for allegedly defrauding crypto investors
Brooklyn federal court charged a former investment banker for allegedly taking investors’ money under the pretext of making profitable crypto investments.
How to buy or sell Bitcoin without using a centralized crypto exchange?
With the fall of P2P exchanges like Paxful and LocalBitcoins, the question of how to buy or sell crypto without using CEXs is a pertinent one.
Metalpha to raise $100M to offer Grayscale Bitcoin products in Hong Kong
Metalpha has secured $20 million out of the planned $100 million for its new fund from overseas Chinese investors, the CEO said.
France’s metaverse consultation seeks input on alternative to tech ‘giants’
The government is asking about metaverse user experiences and concerns along with potential obstacles that local firms may face entering the virtual realm.
Hong Kong virtual bank to offer crypto conversions and accounts: Report
The account services for crypto firms come at a time when U.S.-based firms are struggling to find local banking partners and are frequently looking abroad.
Less than 1% of staked ETH estimated to sell after Shanghai upgrade: Glassnode
The analytics firm backed up its prediction, stating only 253 validators have signed up to fully exit their staked Ether position.
Push to ban ransomware payments following Australia's biggest cyber attack
The attack on Latitude Financial is Australia’s biggest cyber attack with driver's license numbers, passports and financial documents among the stolen information.
US needs to regulate stablecoins to keep a strong dollar: Stellar CEO
The United States and the greenback will suffer if stablecoin regulations are not rolled out this year, Stellar Development Foundation's chief has claimed.
Coinbase wins $470K restitution in insider trading case
The brother of a former Coinbase employee allegedly profited from an insider trading scheme and now has 20 years to repay the funds.
Circle and BlockFi questioned on banking with SVB by Warren and AOC
Circle and BlockFi executives were questioned after the lawmakers accused Silicon Valley Bank of “coddling” and giving “white glove” treatment to its largest depositors.
The feds must rein in crypto-financed terrorism
Government should develop Know Your Customer procedures for social media and messaging services and take stronger measures to track cryptocurrency transactions.
Bitfinex Securities El Salvador receives Digital Asset Service provider license in El Salvador
The license granted by El Salvador’s National Digital Asset Commission will allow Bitfinex Securities to issue and trade secondary assets on a regulatory-compliant platform.
Wyoming defends crypto-friendly bank charter regime in Custodia Bank's lawsuit with Fed
“The State of Wyoming believes that this changes the tenor of the suit and in turn questions the legitimacy and viability of the State’s statutory framework," said AG Bridget Hill.
CoFund tokenizes $10M hotel in Bali via Tokeny
The minimum purchase amount for the hotel's tokenized ownership is $1,000.