Author: CryptooTimes
Bitcoin (BTC) rose to past $66,000 early Friday, reversing Thursday’s pullback below $65,000. At the time of writing, it was priced around $66,440, 0.4% higher than 24 hours ago, while the CoinDesk 20 Index (CD20), which offers a measurement of the wider digital asset market, was up about 1.4%. Inflows into spot bitcoin ETFs turned positive again this week, recording additions for four consecutive days. This week has also seen numerous big-name institutional players disclose sizable BTC ETF holdings. Morgan Stanley, for example, revealed a $269.9 million investment in Grayscale’s GBTC yesterday. Source link
Binance has collaborated with Taiwan’s Ministry of Justice Investigation Bureau and the Taipei District Prosecutors Office to crack down on a $6.2 million money laundering scheme. According to the official release, the massive operation valued at nearly NT$200 million was aiding scammers in laundering illicit funds using cryptocurrencies. The perpetrators used fabricated remittance proofs, identification data, and customer conversation records to bypass authorities. Lo Wei-yuan, prosecutor at the Taipei District Prosecutors Office, has indicted nine individuals and charged them with violations of the Money Laundering Control Act, aggravated fraud, and organized crime prevention regulations. Law enforcement authorities were able to…
Concerns were raised after a Bloomberg article reported Kraken was “actively reviewing” which tokens it could continue to list under the European Union’s upcoming MiCA framework. Source link
The HKMA intends to continue working with the PBOC to expand the application of the e-CNY. The HKMA plans to work with the Digital Currency Institute to explore including features like name verification, enhancing interoperability in payments and corporate use cases, such as cross-border trade settlement. Source link
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana’s price surged with Archium joining, NEAR gained momentum with Prom’s integration, and KangaMoon’s success sparked altcoin activity. Solana (SOL) has seen a significant price uptrend as the first parallelized confidential computing network announced that it would join its network, known as Archium, which introduces a major expansion to the ecosystem. Alongside this, NEAR Protocol (NEAR) is also showcasing bullishness on the charts, as Prom recently integrated its Data Availability. On the other hand, the altcoin space also spiked…
The Ethereum burn address is a null address where ETH and other Ethereum-based tokens are sent to be permanently removed from circulation. Source link
However, the delivery of the NFTs was late. The customer alleged that the NFTs came with outfits to wear in the metaverse, but the digital outfits that showed up 20 days behind schedule “could be used only in a metaverse platform with barely any users,” the report said. Source link
The blockchain gaming sector witnessed an unprecedented influx of investment capital in April, securing $988 million in funding. Although the first quarter of 2024 saw a cautious approach with a total of $288 million raised among blockchain gaming startups, the beginning of the second quarter signaled a new shift in the investors’ sentiment. According to data compiled by DappRadar, April witnessed an “unprecedented influx of capital” into the web3 gaming sector at $988 million, setting a new record since January 2021. DappRadar blockchain analyst Sara Gherghelas noted that the investment surge in April “has already exceeded the entire second quarter…
XRP whale accumulation and cooling inflation in the U.S. are the top catalysts behind the cryptocurrency’s ongoing price recovery. Source link
Also in March, the ruling AK Party Deputy Chairman of Information and Communication Technologies Ömer İleri said, “We find it very important to carry out a legal study in the field of crypto assets. This legal regulation is primarily a study that will regulate the platforms, but beyond that, it will be a regulation that will protect our citizens and investors.” Source link
