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Vauld Challenges India’s Enforcement Directorate Freeze Order

Troubled crypto lender Vauld says it disagrees with a freeze order on its assets by India’s regulators following allegations of money laundering. In a press statement released today, the lender said the Enforcement Directorate (ED) issued a freeze order despite its cooperation. This statement follows that of India’s Enforcement Directorate on Friday announcing the freezing […]

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Veröffentlicht am 15.08.2022 um 14:14:46 Uhr - Kategorie: Business - Autor: Joyce Onose

Enforcement Directorate Freezes Vauld’s Assets Worth $46.4M

India’s enforcement watchdog, Enforcement Directorate (ED) has frozen financial assets that belong to Vauld in its country. Vauld is one of the troubled crypto lenders that has suspended withdrawals on its platform. The frozen assets are worth 3.7 billion rupees which is equivalent to $46.4 million. Based on a statement issued earlier today, the exchange’s […]

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Veröffentlicht am 13.08.2022 um 14:36:32 Uhr - Kategorie: Exchanges - Autor: Victoria Nye

Binance Recovers 83% of Curve.Finance’s Stolen Funds

CEO of Binance, Changpeng Zhao popularly called CZ announced on Twitter that the exchange has recovered 83% of the funds stolen from the Curve.Finance platform. This amounts to about $450,000. Filled with humor, he confirmed that the hackers sent the funds in different ways but Binance was able to grab it all. Furthermore, the exchange […]

The post Binance Recovers 83% of Curve.Finance’s Stolen Funds appeared first on CRYPTOMARKETSBEAT.

Veröffentlicht am 13.08.2022 um 14:08:15 Uhr - Kategorie: Exchanges - Autor: Victoria Nye

BlackRock Launch Spot BTC Private Trust to Increase its Offerings

BlackRock, the world’s largest assets manager with $10 trillion in assets under management (AUM), has announced the launch of its spot Bitcoin private trust. According to the company, the trust aims to track the performance of Bitcoin (BTC) and brandishes fewer expenses and liabilities to the trust. Presently, it is available to only institutional clients […]

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Veröffentlicht am 12.08.2022 um 12:37:56 Uhr - Kategorie: Business - Autor: Godfrey Benjamin

dYdX Blocks User Accounts Tied to Tornado Cash

Leading decentralized exchange dYdX has confirmed it blocked users’ accounts that have interacted with the sanctioned Tornado Cash. In the blog post sharing the development, dYdX said it partnered with a compliance vendor that identified the affected accounts. This move comes after the US government through its Department of Treasury sanctioned the crypto mixer platform. […]

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Veröffentlicht am 11.08.2022 um 20:00:47 Uhr - Kategorie: Exchanges - Autor: Joyce Onose

BSP to Suspend Issuance of VASP License From Sept 1

Virtual assets service providers (VASP) who intend to receive operational licenses from the Philippines Central Bank might not be able to anymore. The Bangko Sentral announced that it would not process any application for a VASP license for the next three years. Given that, any application not considered before September 1st will wait until after […]

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Veröffentlicht am 11.08.2022 um 18:02:10 Uhr - Kategorie: Blockchain Regulation - Autor: Victoria Nye

‘Copycats’ Were Responsible For 88% of Nomad Bridge Heist

Reports by Coinbase have shown that 88% of the Nomad heist which happened a few days ago was carried out by ‘copycats’. These copycats are users who copied the code that was used to initiate the first attack, then replicated it to execute their own attack. Altogether, the funds stolen from the Nomad bridge were […]

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Veröffentlicht am 11.08.2022 um 14:48:28 Uhr - Kategorie: Cybercrime - Autor: Victoria Nye

US Department of Justice Says Alleged Iranian Murder Plot of Bolton Involved Promises of Crypto Returns

The United States Department of Justice (DoJ) may have given another justification to the concerns of global regulators over rising cases of using cryptocurrencies to facilitate crime. And there may be more to the illicit uses of crypto than just money laundering and other known financial crimes. According to a Wednesday statement from the DoJ, […]

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Veröffentlicht am 11.08.2022 um 00:52:32 Uhr - Kategorie: News - Autor: Mayowa Adebajo

Iran Uses Cryptocurrency as Payment for its Import Order

Due to the scarcity of foreign currency caused by sanctions placed on the nation, Iran has looked the way of cryptocurrency as a payment option. The Iranian government yesterday carried out its first import order with payments in crypto. The news was reported by the local media. According to the reports, the transaction is worth […]

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Veröffentlicht am 10.08.2022 um 22:46:05 Uhr - Kategorie: News - Autor: Joyce Onose

Unstoppable Finance Secures $12.8M in New Round Led By Lightspeed

Next-generation decentralized finance (DeFi) crypto wallet provider, Unstoppable Finance has secured $12.8 million in a Series A funding round. The funding round was backed by several venture capitals and investors. Leading the round is Lightspeed Venture, a multi-stage oriented global venture capital.  Other investors who supported the round are a Prague traditional crypto venture capital […]

The post Unstoppable Finance Secures $12.8M in New Round Led By Lightspeed appeared first on CRYPTOMARKETSBEAT.

Veröffentlicht am 10.08.2022 um 19:42:30 Uhr - Kategorie: News - Autor: Victoria Nye



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