Cryptocurrency Analysis and News Portal
Former United States Treasury Criminal Investigator Greg Monahan joined major cryptocurrency exchange Binance to oversee the company's international Anti-Money Laundering (AML) efforts, the exchange announced on Aug. 18.Before replacing Karen Leong as the global money laundering reporting officer at Binance, Monahan worked for the U.S. Treasury for almost 20 years
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Vietnam, India and Pakistan are leading the world in terms of cryptocurrency adoption, underscoring the resilience of peer-to-peer monetary systems in emerging economies.Chainalysis’ 2021 Global Crypto Adoption Index evaluated 154 countries based on three key metrics: on-chain cryptocurrency value received, on-chain retail value transferred and peer-to-peer exchange trade volume. Each
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Retail shareholders of crypto-friendly trading app Robinhood are demanding a crypto wallet along with a branded hat and hoodie, a public shareholders questionnaire revealed. The public question crowdsourcing platform Say, which was Robinhood’s first purchase after it went public, enabled retail shareholders of Robinhood to ask and upvote questions in a
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Ethereum‘s native token, Ether (ETH), may beat Bitcoin (BTC) to new all-time highs, fresh analysis reveals.In a tweet on Wednesday, Ki Young Ju, CEO of on-chain analytics service CryptoQuant, highlighted a “sell-side liquidity crisis” that could yet give ETH the edge over BTC. Ether liquidity shortfall “intensifying”With Bitcoin up over
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As crypto breaches mainstream finance, authorities have started issuing warnings to citizens against unregistered crypto businesses. Joining this list is the Australian Securities and Investments Commission (ASIC) as it Australian investors to be wary of unlicensed entities that offer financial products.In a statement released by the ASIC, the regulator advised Australian
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The last-minute cryptocurrency provisions added to the U.S. infrastructure bill sought to “capture DeFi,” argues Compound’s general counsel Jake Chervinsky.Appearing on the Bankless State of the Network podcast on August 17, Chervinsky — who is also DeFi Chair of the Blockchain Association — said the industry had been “blindsided” by
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The SushiSwap decentralized exchange has narrowly avoided becoming the latest DeFi hack victim thanks to assistance from a white hat hacker.A security researcher from venture capital firm Paradigm known on Twitter as “samczsun” has managed to save SushiSwap and its MISO platform from a potential loss of as much as
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Mike Novogratz’s crypto investment firm Galaxy Digital Holdings has posted a second-quarter loss of $175.8 million. The figure provides a stark contrast to the firm’s first-quarter report that booked $860 million in comprehensive net profit earlier this year. Galaxy Digital posted its financial results as of June 30 on Monday,
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Cryptocurrency businesses have continued to receive pressure globally from different regulatory bodies. For example, the Spanish National Securities Market Commission (CNMV) recently released a warning to many financial markets and crypto-related businesses. The warning is on unregistered services which they offer. From the official document from CNMV, about 11 entities received
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