It has recently come to light that major crypto exchange KuCoin, along with two of its founders, has been accused of failing to implement anti-money laundering (AML) and know-your-customer (KYC) procedures. According to United States prosecutors, the absence of these crucial procedures on KuCoin enabled the platform to be used for money laundering activities involving
Recently, there was a significant transfer of $6 billion worth of Bitcoin from the fifth richest Bitcoin address to three new wallets. This transfer caught the attention of many within the cryptocurrency community due to the sheer magnitude of the transaction. The transfer, which took place over the weekend, involved an address that was initially
The recent surge in the Solana meme coin market has brought attention to a new player, LIGMA token, which saw an astonishing +188,000% gain in less than 24 hours. Despite the humorous name, investors are cautiously optimistic about the potential of this new coin. The initial launch of LIGMA saw a massive influx of volume,
Recent data from crypto analytics firm Glassnode has revealed that the amount of Bitcoin held on Coinbase has reached a 9-year low. This significant decrease in Bitcoin balance on the popular exchange signals a shift in investor behavior towards holding onto their assets for the long term rather than engaging in short-term trading. With only
The recent collaboration between TCG World and SKALE has sent ripples through the metaverse community, promising to revolutionize the virtual experience. TCG World, known for its stunning graphics and immersive gameplay, has joined forces with SKALE’s blockchain scalability solutions to create an expansive digital universe like never before. This partnership aims to address the challenges
Portugal’s National Data Protection Commission (CNPD) recently made a decision to ban Worldcoin from collecting biometric data for a period of three months. This ban was imposed due to various reasons, including concerns about the lack of mechanisms for verifying the age of members and the collection of data from minors without parental consent. Additionally,
The recent US criminal charges against KuCoin, a popular cryptocurrency exchange, have caused a stir in the crypto community. CEO Johnny Lyu was quick to address the situation, stating that the charges would not impact the platform’s operational stability and reassuring users that their funds are safe. He took to social media to communicate with
The Sandbox, a decentralized virtual world, has recently hit a significant milestone by offering its users access to over 1,000 unique experiences generated by its creative community. This achievement highlights the diversity and innovation of the platform, which is home to a wide range of creators including brands, gaming companies, and individuals. The success of
Bitcoin, the leading cryptocurrency asset, has been showing significant momentum lately, with a rise above $70,000 after a recent downward trend. Rekt Capital, a well-known cryptocurrency expert, has drawn attention to a pattern that resembles the pre-halving retrace that occurred in 2020 before Bitcoin surged to its previous all-time high. Despite the uncertainty in the
Ark Invest made headlines recently with their decision to sell 74,291 Coinbase shares, valued at $20.8 million, across three of their exchange-traded funds. This move comes on the heels of a previous sale of over $100 million worth of Coinbase shares last week, coinciding with a surge in the price of COIN to new yearly