CryptoNews

French Regulator Begins Accepting Crypto Service Provider Applications Ahead of MiCA Regulation

August 6, 2024
The French financial regulatory authority has begun accepting applications for authorization as a crypto asset service provider under the European Markets in Crypto-Assets (MiCA) Regulation, ahead of its implementation in December 2024. This regulation mandates prior authorization for market participants offering crypto asset services in the EU, with strict adherence to anti-money laundering…
Read more
CryptoNews

US Spot Ethereum ETFs Record $77.21M Outflow

August 2, 2024
On Wednesday, U.S.-based spot ethereum exchange-traded funds (ETFs) experienced a day of outflows, with $77.21 million withdrawn from the funds. While six ETFs reported inflows, Grayscale’s Ethereum Trust (ETHE) saw a substantial reduction of $133.33 million. Over $77…
CryptoNews

California DMV Revolutionizes Vehicle Title Transfers With Avalanche Blockchain Integration

August 2, 2024
The California Department of Motor Vehicles (DMV) has successfully integrated 42 million car titles onto the Avalanche blockchain network, which uses the cryptocurrency AVAX as its native token. This innovative system, developed by Oxhead Alpha, enables users to transfer vehicle titles within minutes, significantly reducing the traditional two-week processing time. This initiative is part of…
Read more
CryptoNews

'Crypto President High Tops' — Trump Reveals Limited Edition Bitcoin Sneakers

August 1, 2024
Former U.S. President Donald Trump announced through a recent post on Truth Social that he is launching a line of Bitcoin-themed sneakers. “Just spoke at the Bitcoin Conference in Nashville, Tennessee on Saturday. It was GREAT! Get your Bitcoin Sneakers now. These are Limited Edition, they are each numbered, and you can now pay with Bitcoin or your favorite Crypto,” Trump said. Trump’s…
Read more
CryptoNews

Blackrock Warns of Rising Crypto Investment Scams

July 30, 2024
Blackrock, the world’s largest asset manager with $10.5 trillion in assets under management, has warned about cryptocurrency scams. The firm urged caution when dealing with individuals, websites, or social media platforms using its brand to offer training or investments. Blackrock noted a spike in scams directing users to crypto investment-related websites or platforms like Whatsapp and…
Read more