In the rapidly evolving world of cryptocurrency, few voices resonate as clearly and authoritatively as that of Dalmas. A seasoned crypto reporter whose expertise encapsulates a range of essential topics—ranging from Non-Fungible Tokens (NFTs) to Decentralized Finance (DeFi)—Dalmas stands out not only for his specialized knowledge but also for his ability to communicate complex ideas
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In a significant move to combat financial crime, German authorities have recently shut down 47 cryptocurrency exchanges accused of facilitating illicit activities. This decision, announced by both the Central Office for Combating Internet Crime (ZIT) and the Federal Criminal Police Office (BKA), underscores the growing concern over unregulated digital platforms that allow for anonymous transactions.
The cryptocurrency landscape has been abuzz lately, thanks primarily to Bitcoin’s powerful bullish price action. The digital asset recently shattered the psychological barrier of $60,000 after weeks of hovering below this critical level, making the atmosphere ripe for optimism among crypto investors. With Bitcoin’s value soaring by 9.8% over the past week and a notable
The decentralized finance landscape has sparked innovative discussions, particularly regarding the potential role of traditional banking institutions in providing sustainable yield on Bitcoin (BTC) deposits. Two prominent figures in the Bitcoin discourse, Michael Saylor and Saifedean Ammous, have emerged as central voices in this debate, each presenting divergent viewpoints that reflect the broader complexities inherent
On September 11, the Society for Worldwide Interbank Financial Telecommunication (SWIFT) unveiled its ambitious plans to incorporate regulated digital assets and cryptocurrencies into its vast financial ecosystem. Established in 1973, SWIFT has been a pivotal connector for international banking, serving as a messaging network that facilitates cross-border payments. With this new initiative, SWIFT aims to
Ryan Salame, once a prominent executive at the now-defunct cryptocurrency exchange FTX, has found himself embroiled in a legal quagmire following revelations of false statements made during his guilty plea. As Salame faces potential sanctions, the implications extend beyond his personal legal battles, raising larger questions about integrity within the fintech space and the justice
A Nigerian court has decided to postpone the verdict on the bail application for Tigran Gambaryan, an executive at Binance, until October 9. This ruling came after arguments were presented by Gambaryan’s lawyer, Mark Mordi, and the prosecuting counsel, Ekele Iheanacho, who was against granting bail to Gambaryan. The bail application was submitted on September
Ever since the Merge two years ago, Ethereum has been experiencing a decline in performance compared to Bitcoin. What was once considered ultra-sound money, ether (ETH) is now on the brink of falling into undervalued territory. The reasons behind Ethereum’s underperformance since the Merge have been identified by blockchain analytics platform CryptoQuant. Issues such as
The U.S. Federal Reserve recently issued a cease-and-desist order against United Texas Bank (UTB), stating that the bank had significant deficiencies in its governance, particularly in its adherence to anti-money laundering (AML) laws and risk management related to virtual currency customers and foreign correspondent banking. This order comes after an examination conducted in May 2023,
The recent developments surrounding the hacker responsible for the $235 million theft from the Indian crypto exchange WazirX have raised concerns within the cryptocurrency community. The hacker’s use of sanctioned Tornado Cash to launder around $10 million in Ethereum in the past 24 hours has shed light on the complexity of their operations. By moving