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A woman who falsely amended payrolls and defrauded $5.7 million from the crypto exchange Bybit has been sentenced to nearly 10 years in prison by a Singapore court.The Straits Times reported on Feb. 20 that Ho Kai Xin was handed a nine-year, 11-month sentence after she pleaded guilty to 44 charges, …
The European securities regulator has suggested guidelines to assess the knowledge and competence requirements for staff at crypto asset service providers as part of the EU’s wide-sweeping crypto regulations. A consultation paper from the European Securities and Markets Authority (ESMA) released on …
Crypto stablecoin issuer Tether has inked an agreement with the African nation of Guinea for the country to explore the adoption of blockchain and peer-to-peer tech.Tether said in a Feb. 17 blog post that it signed a memorandum of understanding (MOU) that “hopes to establish the groundwork for the c…
Tether acquired a minority stake in Juventus, a world-famous Italian football club, causing its JUV fan token to spike. Tether is investing in a team with a pre-existing Web3 presence, and it plans to bring more teams on-chain.The company was recently ejected from the EU market due to stablecoin reg…
Tether, the firm behind the world's largest stablecoin USDT, has purchased a minority stake in the Italian football team Juventus Football Club, or Juve.The move aligns with Tether's broader goal of integrating digital assets and stablecoins "into every day life," according to a Friday company relea…
By Telis DemosWith crypto ascendant at the end of last year, Coinbase Global printed a huge fourth quarter. Transaction revenue nearly tripled from the prior quarter, to more than $1.5 billion, the company reported late Thursday.But one closely-watched revenue line was down. Stablecoin revenue was a…
Blockchain gaming in January saw a threefold increase in onchain activity compared to the same time a year ago, a new report from blockchain analytics platform DappRadar shows.Web3 games saw over 7 million unique active wallets (UAW) a day last month — a 386% increase compared to January 2024, accor…
Cryptocurrency exchange Binance's bitcoin reserves dropped by $355 million last month while customer balances grew by more than $4 billion, bringing the two figures more in line with each other, according to recently published exchange reserves data.At the turn of the year Binance, the largest cryp…
The crypto gambling and betting industry is growing rapidly, gaining in volume and public attention. In November 2024, Polymarket dominated media headlines with its accuracy in predicting the next US president, as well as an outstanding monthly trading volume of $2.5 billion. In December 2024, Crypt…
By Adam ClarkCryptocurrency prices were mixed on Monday as Bitcoin gained but XRP and other smaller digital currencies fell. Investors are digesting the latest tariff plans from the Trump administration.Bitcoin was up 1.1% to $97,861 over the last 24 hours, according to data from CoinDesk.President …
Stablecoins, often taking the backseat from Bitcoin and other top cryptocurrencies, are now in the spotlight. According to on-chain data, the stablecoins market has surged to over $200 billion, with Tether’s USDT and USDC as the main growth drivers.Based on CryptoQuant’s data, the stablecoins market…
According to data from the crypto ranking platform CoinGecko, XRP is up 511% yearly. In Q4, 2024 alone, XRP market capitalization gained 246%, according to a recent report by Messari. XRP began a bull run last November on expectations of a more crypto-friendly stance; for years, XRP prices were mute…