Article written by Ava Patel

A number of policies in the UK have enhanced the capacity of law enforcement to tackle cryptocurrency-related offenses.

The UK law now lets police seize and destroy illegal crypto without prior arrests

1 min read

A number of policies in the UK have enhanced the capacity of law enforcement to tackle cryptocurrency-related offenses. In the absence of arrests, these regulations permit the confiscation, immobilization, and annihilation of unlawfully acquired cryptocurrencies. This project aims to address the increasing utilization of digital currency by organized crime groups for money laundering. Organized crime is progressively utilizing digital currencies for money laundering. In 2021, the NCA documented a £1.2

PayPal unveils plan to boost eco-friendly Bitcoin mining with extra rewards

PayPal unveils plan to boost eco-friendly Bitcoin mining with extra rewards

1 min read

PayPal‘s Blockchain Research Group proposes giving sustainable energy miners more Bitcoin to decrease Bitcoin mining’s environmental effect. The concept targets Bitcoin’s energy-intensive proof-of-work technology. Set aside more Bitcoin incentives for “green miners” that use renewable energy and have unique cryptographic hashes called “green keys.” The green miners’ multi-sig wallet would contain extra Bitcoin only accessible with green keys. These transactions would have cheaper costs to attract miners and promote greener

Adidas remains committed to the metaverse, launching NFTs as others exit

Adidas remains committed to the metaverse, launching NFTs as others exit

1 min read

Amidst the waning enthusiasm for NFTs and the metaverse, many firms have chosen to withdraw, with prominent individuals either leaving or redirecting their attention elsewhere. However, Adidas has chosen to stay. The compay has collaborated with the STEPN program, which allows users to earn rewards by being physically active, to introduce 1,000 non-fungible tokens (NFTs) that symbolize Adidas footwear on the Solana blockchain. The digital assets necessary for STEPN’s activities

Bitcoin is approaching its most stable halving event

Bitcoin approaches a calm halving, marked by record transactions and steady growth

1 min read

Bitcoin is approaching its most stable halving event, which suggests the beginning of a new age characterized by sustained growth and high market trust. The level of confidence that the general public has in Bitcoin has risen, as shown by the establishment of new records in transaction volumes and the steady climb in its price. The current year exhibits double the level of volatility compared to 2020, while maintaining a

Certo Announces Launch of its Testnet: Pioneering the Future of p2p lending and Stablecoins

Certo Announces Launch of its Testnet: Pioneering the Future of p2p lending and Stablecoins

2 mins read

Zurich, Switzerland, April 16th, 2024 Certo is excited to announce the official launch of its highly anticipated testnet, marking a significant milestone in the development of its groundbreaking p2p lending project. Designed to revolutionize digital transactions by offering unparalleled security, transparency, and stability of funds collateralized by Real-World Assets (RWAs), Certo’s testnet is now open for community participation and feedback. Setting New Standards for Digital Currency The testnet phase is crucial

The Worldcoin World App's native wallet has amassed a user base of 10 million since its inception in May 2023.

Worldcoin’s World (WLD) App hits 10 million users, boosting global crypto engagement

1 min read

The Worldcoin World App’s native wallet has amassed a user base of 10 million since its inception in May 2023. The application provides fundamental self-custodial services and is universally compatible with World ID. As of November 2023, the app has been downloaded 4 million times and is currently used by people in more than 160 countries. Additionally, it handles over 70 million transactions. The application functions as a highly secure

Mantle (MNT) has reached a record high of over $1.50

Mantle (MNT) hits an all-time high, signaling strong momentum in the crypto market

1 min read

Mantle (MNT) has reached a record high of over $1.50, placing it in the 28th position in the worldwide crypto market. The company’s groundbreaking rewards station, which enables customers to securely store their Mantle crypto in a vault, has generated significant interest among investors and experts. Analysts predict that Mantle has the potential to become the next very successful altcoin, with a projected growth of 100 times its current value,

The US SEC is now taking comments on Grayscale

The US SEC opens comment period on Ethereum ETFs by Grayscale, Fidelity, and Bitwise

1 min read

The US SEC is now taking comments on Grayscale, Fidelity, and Bitwise’s Ethereum ETF proposals, which want to be listed on the Cboe BZX and NYSE Arca markets. The agency had already approved Ethereum futures ETFs, which established a precedent for spot market-based ETFs. Grayscale and NYSE Arca contend that the strong link between the spot and futures markets for Ethereum reduces fraud risk. They question the SEC’s reasoning for

Tether has augmented its Bitcoin holdings by acquiring an extra 8,889 bitcoins

Tether buys 8,889 BTC, boosting its reserves to 75,354 BTC, now worth $5.26B

1 min read

Tether has augmented its Bitcoin holdings by acquiring an extra 8,889 bitcoins, which are now worth at $627 million. This acquisition has resulted in a total reserve of 75,354 BTC for Tether. The initiative started in September 2022 with the objective of expanding Tether’s portfolio to include assets other than conventional ones such as cash and Treasury bonds. CEO Paolo Ardoino clarifies that Tether is allocating a portion of its

KuCoin crypto exchange has initiated a $10 million airdrop campaign for its customers amidst legal issues

KuCoin announces $10M airdrop to users amidst facing serious legal charges

1 min read

KuCoin crypto exchange has initiated a $10 million airdrop campaign for its customers amidst legal issues related to suspected illicit activities and money laundering. The U.S. Department of Justice accused the exchange and its owners, Chun Gan and Ke Tang, of engaging in an unlicensed money transfer company and breaching laws related to preventing money laundering. The Commodity Futures Trading Commission (CFTC) has accused KuCoin of engaging in unlawful commodity

SEC faces lawsuit challenging its crypto airdrop rules, seeking clearer industry guidelines

SEC faces lawsuit challenging its crypto airdrop rules, seeking clearer industry guidelines

1 min read

The US Securities and Exchange Commission (SEC) is being sued in order to get clarification on the legal classification of bitcoin airdrops. The action, filed by the DeFi Education Fund (DEF) and Texas-based clothing company Beba Collection, challenges the Securities and Exchange Commission’s (SEC) ambiguous regulatory position on cryptocurrencies. Specifically, it questions the categorization of crypto airdrops as securities. The central issue in the action is to the SEC’s management

The European Securities and Markets Authority (ESMA) has finalized its first set of rules for suppliers of services related to crypto assets

EU sets new crypto rules to boost transparency and safety for investors

1 min read

The European Securities and Markets Authority (ESMA) has finalized its first set of rules for suppliers of services related to crypto assets in accordance with the Market in Crypto Assets (MiCA) legislation. The objective of the EU’s action is to enhance transparency, guarantee the security of investors, and provide clear guidelines for laws across the EU. The study provides a comprehensive overview of the prerequisites that crypto firms must meet

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