European Union (EU) lawmakers have taken decisive action to bolster efforts to tackle sanctions violations, including those involving cryptocurrencies. The new rules tighten the EU’s stance on digital assets, particularly cryptocurrencies, highlighting the urgent need for a unified approach with standardized definitions and penalties for violations. EU Parliament Bolsters Sanctions, Tightens Grip on Crypto with...
Russian crypto regulation may be delayed until 2025, as decision-makers in the nation prioritize other matters. Per the media outlet Arigus, the Chairman of the State Duma’s Committee on the Financial Markets, Anatoly Aksakov, believes that the “legalization of cryptocurrencies in the Russian Federation is only a matter of time.” However, Aksakov conceded that the...
The videogame developer Studio369’s has successfully raised $5 million in the latest funding round for its upcoming web3 MMO, MetalCore. As detailed in the press release provided to Cryptonews.com, the March 12 funding round saw contributions from notable investors such as Delphi Digital, BITKRAFT Ventures, and Sanctor Capital alongside other backers supporting Studio369’s vision. Additional...
Major Wall Street whales, including Goldman Sachs, BNY Mellon, and Cboe Global Markets, have successfully concluded a large-scale pilot test utilizing blockchain technology on the Canton Network. The series of pilot tests successfully concluded on the Canton Network makes it one of the largest-scale experiments utilizing blockchain technology in capital markets. Wall Street Whales Successfully...
In an exclusive interview with Cryptonews, Wealth Mastery founder Lark Davis talked about the massive relevance of Bitcoin and Ethereum ETFs, current results, and their potential effects. Davis further touched on airdrops, major crypto trends, and where we are in the market cycle. Lastly, he shared some price predictions with the host Matt Zahab and...
A new TV show titled “Killer Whales, which merges the crypto world with the excitement of reality television has made its debut on mainstream streaming platforms. The show aims to captivate audiences with its unique blend of high-stakes crypto pitches and compelling human drama. It is produced by crypto entertainment studio HELLO Labs and CoinMarketCap,...
Gamified platform PropyKeys has announced the public launch of its Base-based decentralized application (Dapp) that enables users to mint addresses and deeds on-chain, accompanied by a series of novel features. This is a project within the Propy ecosystem that’s working on blockchain-powered real estate solutions. PropyKeys aims to address the challenges within the $280 trillion...
Nigerian authorities have reportedly requested Binance, the largest cryptocurrency exchange, to provide information on its top 100 users in Nigeria, along with its entire transaction history for the past six months, according to a report by the Financial Times on Tuesday. Nigeria may seek a $10 billion fine from Binance as retribution, as the country...
US Judge Brendan Shannon has granted bankrupt crypto company Terraform Labs permission to hire Dentons for its legal representation, according to a report by Reuters. Shannon approved the hiring at a bankruptcy court hearing in Wilmington, Delaware after he deemed Terraform’s legal spending was a “necessary appropriate” use of the company’s beleaguered financial resources. Since...
Ark Invest sold off an estimated 106,000 Coinbase shares valued at over $27 million on Tuesday, marking the investment firm’s latest COIN dumping under the direction of CEO Cathie Wood. Ark Invest’s Significant Coinbase Sell-Off Continues The now offloaded shares reportedly came from its ARK Innovation ETF (ARKK), ARK Fintech Innovation ETF (ARKF), and ARK...