Major BTC lender Ledn has announced the launch of its Private Wealth program, “a tiered experience with relationship managers, expedited processing, and preferential rates.” Per the press release shared with Cryptonews, this program is specifically for high-net-worth clients, institutional investors, and corporations that “want to turn long-term Bitcoin holdings into strategic capital.” The new offering […]
Ledn Launches Private Wealth Division Read More »
The Australian regulator has issued a warning against crypto exchange Bitget for offering “unlicensed crypto futures products.” The Australian Securities and Investments Commission (ASIC) said Monday that Bitget has been offering crypto futures products with 125:1 leverage without obtaining an Australian Financial Services (AFS) license. The product was advertised as “crypto futures trading,” luring Australians
ASIC Warns Australians Against Bitget’s “Unlicensed” Crypto Futures Offerings Read More »
San Francisco-based crypto lender Divine Research is extending thousands of unsecured loans to borrowers across the globe, verified not through traditional IDs but with a scan of their eyes. The startup says it has issued around 30,000 short-term loans since December, the Financial Times reported Sunday. To identify borrowers, it uses World ID, the iris-scanning
Crypto Lender Divine Uses Iris-Scanning World ID to Disburse 30,000 Unsecured Loans Read More »
South Korean crypto exchanges paid their customers $87 million worth of interest on their fiat deposits in the past 12 months. Per the South Korean news agency Yonhap (via Daum), data on interest payments was submitted by the Financial Supervisory Service on July 27 after a freedom of information request from the Democratic Party lawmaker
South Korean Crypto Exchanges Paid Customers $87M in Interest in Past Year Read More »
The United States is quickly becoming a hub for crypto entrepreneurs due to recent approval of positive blockchain legislation. The GENUIS Act was signed into law on July 18, marking a significant milestone for stablecoin adoption. Following this, Republican leaders on the US Senate Banking Committee released their version of legislation for a digital asset
Positive Crypto Sentiment in US Drives Hiring Demand for Blockchain Jobs Read More »
Key Takeaways: NDAChain is Vietnam’s state-backed blockchain, integrated with national digital services and identity systems. The system uses Proof-of-Authority with zero-knowledge proofs and supports both decentralized ID and traceability tools. By 2026, NDAChain will expand to regional and educational systems and support Layer 2 app development. Vietnam has launched NDAChain, a permissioned Layer 1 blockchain
Vietnam Launches National Blockchain for Data Infrastructure Read More »
The global crypto market took a sharp turn Friday, shedding about 6.7% in value and knocking over $160b off its total market cap, now hovering around $3.84 trillion, according to data from CoinGecko. The drop comes after four consecutive green weekly candles, suggesting the bullish momentum that carried digital assets to near-record highs is beginning
Crypto Market Cap Drops Over 6% as Bitcoin, ETH and XRP Enter Red — What’s Going On? Read More »
A senior Moscow lawmaker says the number of Russian crypto mining firms signed up to the Federal Tax Service’s register has risen tenfold in the past six months. The Russian media outlet RBC reported that MPs claim that more than 1,000 firms are now “legally” mining coins. And this has led one political leader to
Russia Reports x10 Rise In Registered Crypto Mining Firms Read More »
William Duplessie and John Woeltz, the two suspects behind New York City’s Bitcoin torture plot earlier this summer, were each granted $1 million bail this week on charges tied to the NYC crypto torture case, ABC News reported on Thursday. William Duplessie, John Woeltz, Land Bail in Shock Case According to the July 24 report,
NYC Crypto Torture Case Suspects Granted Million Dollar Bail Read More »
Two MIT-educated brothers accused of orchestrating the largest MEV bot exploitation in cryptocurrency history will face trial after a federal judge rejected their attempts to dismiss fraud and money laundering charges. Anton Peraire-Bueno, 24, and James Peraire-Bueno, 28, allegedly stole $25 million in cryptocurrency within 12 seconds by manipulating Ethereum’s MEV-Boost protocol in April 2023.
MIT Brothers Who Exploited MEV Bots for $25M Must Face Trial, Judge Rules Read More »
