South African fintech startup 6DOT50 partners with BTS and Serti Solutions to enable cryptocurrency payments at over 1,400 car dealerships, simplifying transactions for crypto users and dealerships. Cryptocurrency Payments Expand to South African Car Dealerships South African fintech company 6DOT50 has partnered with BTS and Serti Solutions to enable cryptocurrency payments for vehicles at more…
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Kucoin pleads guilty to U.S. AML and KYC violations, faces $297M penalties, a two-year U.S. market exit, and forfeitures tied to darknet crimes. DOJ Uncovers Billions in Suspicious Transactions Linked to Darknet Activities Peken Global Ltd., the operator of cryptocurrency exchange Kucoin, has pleaded guilty to operating an unlicensed money transmitting business, according to the…
Gary Gensler returns to MIT Sloan as a Professor of the Practice, co-directing the FinTechAI program to advance AI-driven finance research.
Cryptoquant’s report reveals large bitcoin investors increasing holdings by 2% amid slowing demand. Discover insights into BTC accumulation trends, reduced selling pressure, and Ethereum’s inflation struggles. Accumulation Trends Emerge Among Key Bitcoin Investors Large bitcoin investors have entered a renewed phase of accumulation, according to Cryptoquant’s recent analysis. As of Jan. 17, major holders have…
Andre Cronje explains why he left DeFi in 2022 due to SEC pressure, his return with Sonic, and the challenges of regulation.
Coinbase, a leading cryptocurrency exchange, has obtained regulatory approval to operate in Argentina, marking a significant step in its mission to expand global access to digital assets. Notably, the company secured a Virtual Asset Service Provider (VASP) registration from Argentina’s National Securities Commission (CNV), enabling it to operate within the country’s regulatory framework for virtual…
Ondo Finance, a prominent tokenized real-world asset (RWA) issuer, has announced the integration of its Ondo Short-Term U.S. Government Treasuries (OUSG) on the XRP Ledger (XRPL). Notably, this collaboration seeks to expand institutional-grade tokenized asset offerings in the blockchain space, providing 24/7 access to U.S. Treasury investments via Ripple USD (RLUSD), an enterprise-grade USD-denominated stablecoin.…
The nine Ethereum ETFs continued their run of poor form recording outflows and low investor activity. The Ethereum ETFs lost $136.2 million yesterday following a general market dip that reflected on both the traditional financial market and crypto markets. Three Ethereum ETF funds recorded outflows yesterday with only one of the funds pulling in funds. …
The 11 Bitcoin exchange-traded funds lost $457.6 million yesterday following a bloodbath that swept across both the traditional financial markets and the crypto market. The $457.6 million outflow yesterday was the first net outflow recorded by the Bitcoin ETFs in the past 7 trading days. Five Bitcoin ETFs recorded outflows ranging from over $100 million…
Ledger Wallet Co-Founder David Balland Rescued after Losing a Finger to Kidnappers in Central France
Mr. David Balland, co-founder of Ledger Wallet, was rescued by French authorities on Jan 22 following the kidnapping of the crypto founder and his wife on Jan 21. Mr. Balland lost a finger to the kidnappers, who sent a video of the mutilated finger to his family and colleague demanding a ransom of 10 million…
