The recent news of Artur Schaback, co-founder and former CTO of Paxful, pleading guilty to conspiracy to deliberately fail in establishing, developing, implementing, and maintaining a compliant AML program has sent shockwaves through the fintech industry. The US Department of Justice’s revelation that Schaback neglected to collect necessary KYC information of customers who traded on
Developing
Legend of Arcadia (LOA) Season 2: Grandia World Tour brings to light an innovative play-to-airdrop (P2A) campaign that has revolutionized the gaming experience. Building on the success of Season 1’s Arcadia Rune Quest, this campaign takes player engagement and achievements to new heights. By incorporating blockchain technology, LOA Season 2 offers real-time PvP modes and
Taiwan Mobile, the second-largest telecom operator in Taiwan, has taken a significant step by applying for a license to operate as a Virtual Asset Service Provider (VASP). This move reflects the company’s efforts to break into the crypto market and integrate digital assets with mainstream services. The Financial Supervisory Commission’s latest report now lists Taiwan
In a bold move, British multinational bank Standard Chartered is preparing to launch a trading desk for Bitcoin and Ether, marking its debut in spot cryptocurrency trading among global banks. This strategic step comes after engaging with various players in the digital asset sector and forming partnerships to meet the growing demand for crypto exposure.
The copy trading industry is expanding rapidly, with brokers increasingly seeking sophisticated copy trading solutions to cater to the needs of their traders. In response to this demand, the B2Broker team has developed a new generation of B2Copy, an in-house investment platform that is set to shake up the market. B2Copy is a 3-in-1 investment
The metaverse is no longer a distant concept; it is now a reality that is transforming the digital world and how we engage with it. Metaverse apps act as gateways to these virtual shared spaces, offering immersive experiences, social interactions, and economic activities in a 3D environment. The concept of a metaverse app bud is
Recently, Coinbase announced the launch of a new initiative called ‘Tech Against Scams’ in partnership with several industry leaders such as Meta, Ripple, Gemini, Kraken, Match Group, and GASO. This initiative aims to combat online fraud and financial schemes, while also focusing on educating and protecting users. The coalition emphasizes that scams are not limited
Deutsche Bank has recently demonstrated a surge in interest in digital assets and tokenization through its involvement in the Monetary Authority of Singapore’s Project Guardian. This initiative is specifically focused on testing asset tokenization applications within a regulated environment to assess their viability and potential integration within financial markets. The collaboration under Project Guardian includes
The Bitcoin mining industry has been experiencing significant changes, and the leader in this sector has recently announced its financial results for the first quarter of 2024. After emerging from bankruptcy, the company has shown remarkable improvement in its financial performance. With a net income of $210.7 million, the company has come a long way
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