Tigran Gambaryan, a Binance executive who was held in Nigeria for eight months in 2024 facing tax and money laundering charges, provided additional details about his experience and what led to his release. Speaking at the DC Blockchain Summit on March 26, Gambaryan, the head of financial crime compliance at Binance, said the Nigerian government […]
Archives par catégorie: Flash News
How does the IRS define a crypto broker? The definition of the term “broker” includes individuals or entities that regularly provide services to carry out digital asset transfers. This definition ensures that only those truly “in a position to know” transaction details are subject to Form 1099-DA reporting requirements. These US Internal Revenue Service rules […]
Hyperliquid is delisting perpetual futures tied to the JELLY token after identifying “evidence of suspicious market activity” involving the trading instruments, the blockchain network said. The Hyper Foundation, Hyperliquid’s ecosystem nonprofit, will reimburse most users for any losses related to the incident, Hyperliquid said in a March 26 post on the X platform. “All users […]
Update March 26, 2:36 pm UTC: This article has been updated to include quotes from Brickken CEO Edwin Mata. BlackRock’s Ethereum-native tokenized money market fund has more than tripled in value over the past three weeks, nearing the $2 billion mark amid rising demand for safe-haven digital assets. BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) […]
World Liberty Financial (WLFI), the Trump family’s crypto project, is planning to release a stablecoin, raising concern over the US president’s exposure to the digital asset industry. The project released a memecoin immediately prior to President Donald Trump’s inauguration, the price of which skyrocketed and crashed soon after, causing many to accuse WLFI of a […]
Opinion by: Paul Delio, chief business officer at CARV Market movements come and go, naturally taking up a lot of crypto oxygen, but something far more remarkable has been happening beneath the surface in recent cycles. The past few years have generally been great for new tokens, and with their launches come significant opportunities for […]
Bitso Business, an arm of the Mexican crypto exchange Bitso, will launch a Mexican peso-pegged stablecoin on the Ethereum layer-2 network Arbitrum. The stablecoin, MXNB, will be issued and managed by Bitso’s newly established subsidiary Juno and will be fully fiat-backed by Mexican pesos on a one-to-one basis, Bitso Business said in a March 26 […]
Celo, the blockchain network launched in 2020, has officially transitioned from a layer-1 chain to an Ethereum layer-2 protocol. Celo announced the successful transition in a March 26 X post, stating that “Celo is officially an Ethereum layer 2” protocol. In the thread, the organization claimed the new protocol features one-second blocks, sub-cent transaction costs, […]
Bitcoin (BTC) saw the return of US selling pressure at the March 26 Wall Street open as analysis eyed a “key shift in market structure.” BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin sees classic US dip as dollar gains Data from Cointelegraph Markets Pro and TradingView showed BTC/USD heading below $87,000. The pair had enjoyed support […]
Key takeaways Exit liquidity traps occur when new investors unknowingly provide liquidity for insiders to cash out, leaving them with devalued assets. FOMO drives impulsive trades, often leading to costly mistakes and becoming exit liquidity for early movers. Beware of projects with exaggerated claims, low liquidity, anonymous teams or sudden price surges. Investing in high-market-cap […]
Prominent US-based angel investor Jason Calacanis poked fun at GameStop’s decision to invest in Bitcoin. In a March 26 X post, Calacanis suggested that buying Bitcoin (BTC) was a solution well-suited for public companies that do not have a suitable business model: “If you’re a public company that can’t figure out a business model, buy […]
Crypto community members are growing more optimistic about an XRP exchange-traded fund (ETF) approval following the resolution of a multi-year legal battle between Ripple and the United States Securities and Exchange Commission (SEC). On March 19, Ripple CEO Brad Garlinghouse announced the case had concluded. In an X post, the Ripple executive said the SEC […]
Canadian YouTube alternative Rumble announced the launch of its wallet with support for Tether’s USDT stablecoin. In a March 26 X post, Rumble CEO Chris Pavlovski said Rumble Wallet will be used for content creator monetization. He promised it would work better than most advertisers and that it would use Tether’s USDt (USDT). Tether CEO […]
Solana (SOL) price looks ready to rise in April based on a classic bullish reversal indicator and signs of renewed appetite for memecoins. Technicals show 65% SOL price rally in play As of March 26, SOL’s price had entered the breakout stage of what appears to be a falling wedge pattern. A falling wedge forms […]
Google Play implemented access restrictions to 17 unregistered overseas crypto exchanges catering to local users in South Korea at the request of the country’s regulators. On March 21, the Financial Intelligence Unit (FIU) of the South Korean Financial Services Commission (FSC) said it was considering sanctions against operators that did not report to the relevant […]
Polymarket, the world’s largest decentralized prediction market, is under fire after a controversial outcome raised concerns over potential governance manipulation in a high-stakes political bet. A betting market on the platform asked whether US President Donald Trump would accept a rare earth mineral deal with Ukraine before April. Despite no such event occurring, the market […]
Zero-knowledge proof (ZK-proof)-based compliance protocol PureFi has launched its Know Your Customer (KYC) and Anti-Money Laundering (AML) integration for the Uniswap decentralized exchange (DEX). According to a recent announcement shared with Cointelegraph, PureFi claims that its ZK-proof-based KYC and AML integration for Uniswap helps address security and compliance concerns at the protocol level. While the […]
Over 27,740 Bitcoin (BTC) worth $2.4 billion were withdrawn from exchanges on March 25, the highest daily outflow since July 31, 2024. Meanwhile, US spot Bitcoin exchange-traded funds (ETFs) continue their inflow streak, suggesting that institutional demand is making a comeback. Is the Bitcoin bull run about to resume? Bitcoin exchange outflows hit 7-month high Bitcoin […]
Ethereum developers are under pressure as the Pectra upgrade rolls out to a new testnet following several unexpected issues that have delayed its deployment to the mainnet. The Pectra upgrade, which was expected to hit the Ethereum mainnet in March, was deployed into the network’s Holesky testnet on Feb. 24. However, the upgrade failed to […]
Fidelity Investments is reportedly in the final stages of testing a US dollar-pegged stablecoin, signaling the firm’s latest push into digital assets amid a more favorable crypto regulatory climate under the Trump administration. The $5.8 trillion asset manager plans to launch the stablecoin through its cryptocurrency division, Fidelity Digital Assets, according to a March 25 […]