CryptoNews

Scam Money Is Laundered via Crypto Exchanges — Australian Regulator – Regulation Bitcoin News

A significant portion of scam money is getting laundered through cryptocurrency exchanges, the CEO of the Australian Banking Association has alleged. The Australian Financial Crimes Exchange said as much as 47% of all fraud and financial scam proceeds in the country are washed on crypto exchange platforms. Crypto a ‘Getaway Vehicle for Scam Money’ According to Anna Bligh, the CEO of the…
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Turbulence in Shibarium's Debut: $1.7M ETH Stuck and a Crypto Whale Shifts the Tide – Bitcoin News

On August 16, 2023, the Shiba Inu meme coin enthusiasts celebrated the unveiling of the second-layer (L2) blockchain, Shibarium. This platform is designed to bolster decentralized app growth while tackling Ethereum’s scalability and transaction fee challenges. Yet, even amidst the celebrations, SHIB, the project’s native cryptocurrency, slid over 8% against the U.S. dollar, mirroring the…
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Ledger Taps Paypal for US Crypto Buys – Bitcoin News

Crypto security firm and hardware wallet manufacturer, Ledger, announced its integration of Paypal payments for U.S. customers. This will allow Ledger Live users to buy bitcoin (BTC), ethereum (ETH), bitcoin cash (BCH), and litecoin (LTC) within the app using Paypal. Ledger…
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Coinbase Secures Regulatory Approval to Offer Crypto Futures to US Customers – Exchanges Bitcoin News

The Nasdaq-listed crypto exchange Coinbase has secured regulatory approval to operate a Futures Commission Merchant (FCM) and offer customers access to crypto futures. “Coinbase will now be the first crypto-native leader to directly offer traditional spot crypto trading alongside regulated and leveraged crypto futures,” the exchange detailed. Coinbase Reaches ‘Critical…
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Biggest Movers: DOGE, XRP Fall to Multi-Week Lows, as Bearish Sentiment Intensifies – Market Updates Bitcoin News

Dogecoin dropped to a one-month low on Wednesday, as a red wave swept through cryptocurrency markets. Bearish sentiment remained high as the session progressed, with the global market cap falling by nearly 2% today. XRP also plunged in today’s session. Dogecoin (DOGE) Dogecoin (DOGE) fell for a fourth straight session, as bears continue to regain momentum, following last week’s gains. After…
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