CryptoNews

London Man Denies Running Illegal Cryptocurrency ATMs

October 11, 2024
A London resident has denied charges of operating an illegal cryptocurrency ATM business and laundering criminal proceeds. The individual is accused of converting £300,000 into digital currencies without Financial Conduct Authority (FCA) authorization. The regulator stressed that there are no legal crypto ATM operators in the country. London Man Denies Running Illegal Cryptocurrency ATMs Habibur…
Read more
CryptoNews

FBI Warns Investors of Growing Crypto Scams Amid Billion

October 11, 2024
The Federal Bureau of Investigation (FBI) has issued a warning to cryptocurrency investors, highlighting a surge in scams, particularly targeting retirees and the elderly. FBI experts explain how scammers trick victims into fake crypto investments and scare them into handing…
CryptoNews

XRP Army Launches Petition Against SEC Appeal in Ripple Case

October 9, 2024
The XRP Army is ramping up efforts to push back against the U.S. Securities and Exchange Commission (SEC)’s appeal in the Ripple vs. SEC lawsuit , calling it unnecessary and damaging to the cryptocurrency market. XRP supporters claim that the SEC’s actions create…
CryptoNews

Boerse Stuttgart Unveils Insured Ethereum Staking on Bison Platform

October 9, 2024
European exchange group Boerse Stuttgart has announced a major step into Ethereum staking, offering users a secure, insured way to earn passive income through its Bison trading platform. By partnering with top German firms, Bison enables staking for as little as 0.005 ETH with weekly rewards. The service, currently only in Germany, promises annual returns of 2-5% and will soon expand to other…
Read more
CryptoNews

Brl1: A New Stablecoin for the Brazilian Market

October 9, 2024
Bitso, Mercado Bitcoin, and Foxbit have joined forces to issue brl1, a stablecoin pegged to the value of the Brazilian real. The stablecoin will be issued on Ethereum and Polygon, with Cainvest providing liquidity for the BTC and ETH pairs listed on these exchanges and other…
CryptoNews

DOJ Charges 21-Year-Old in $37M Cyber Intrusion and Crypto Heist

October 4, 2024
A 21-year-old from Indiana has pleaded guilty to cyber intrusion and cryptocurrency theft in a massive scheme targeting hundreds of victims. His actions involved stealing personal data and cryptocurrency worth over $37 million, with law enforcement crediting significant investigative efforts for his capture. FBI Cracks Global Cryptocurrency Theft Network The U.S. Department of Justice (DOJ)…
Read more
CryptoNews

Nubank Lowers Cryptocurrency Trading Fees

October 4, 2024
Nubank, the Latam-focused fintech company, recently lowered its cryptocurrency trading fees from 0.8% to 0.6% for each transaction completed. The platform allows for purchasing and selling 15 different cryptocurrencies, including bitcoin (BTC), ether (ETH), solana (SOL), and…
CryptoNews

Uruguay Passes Cryptocurrency Law

October 3, 2024
Proposed over two years ago, the law recognizes cryptocurrency as virtual assets in the country, establishing the Central Bank of Uruguay as the regulator and overseer of companies seeking to offer cryptocurrency services. The law positions Uruguay at the forefront of Latin American countries that have already included crypto in their regulatory frameworks. Uruguay Enacts Cryptocurrency Law After…
Read more