South Korea’s regulator is about to suspend Upbit’s operations, citing the exchange’s failure to properly implement KYC processes. South Korea‘s financial regulator, the Financial Intelligence Unit, has notified Upbit, the country’s largest crypto exchange, of a potential suspension over violations of the KYC requirements and AML obligations, the Maeil Business Newspaper has learned. The report … Read more
Nubank, the largest Latam neobank, has announced the expansion of its USDC rewards program to all customers. This expansion follows a phased rollout announced in May, which opened access to dollar-based stablecoins in Brazil. Nubank Opens Access to USDC Rewards Program Nubank, one of the biggest companies in Latin America and the largest neobank in … Read more
Vladimir Putin is making a new warning from BRICS to the United States: a NEW central-backed digital currency or CBDC sponsored by Russia and China aimed to take down the US dollar. With the US presidential inauguration only days away, Putin and Chinese President Xi Jinping are directly challenging the dollar. Today, we want to … Read more
Nvidia (NASDAQ: NVDA) remains a focal point for investors as DA Davidson analyst Gil Luria maintains a ‘Neutral’ rating on the stock with a price target of $135, reflecting a reserved stance amidst ongoing optimism for the chipmaker. In his latest commentary, Luria revisited the basis of his neutral outlook, which he first issued a year ago. … Read more
The Ronin Network has introduced a $10 million grant program to boost blockchain development, focusing on gaming, consumer DApps and DeFi protocols.
USD/CAD regains positive traction on Thursday and draws support from a combination of factors. Retreating Oil prices undermines the Loonie and acts as a tailwind amid reviving USD demand. Traders now look to the US monthly Retail Sales and Jobless Claims data for short-term impetus. The USD/CAD pair builds on the overnight bounce from the … Read more
South Korean authorities have indicted suspects for unfair crypto trading involving artificial price inflation and subsequent token dumping, known as a pump and dump.
XRP’s rise is a flashback to the manic energy of 2018’s altcoin explosion. Up over 50% this month, the XRP price smashed past $3, locking in its spot as the third-largest cryptocurrency by market cap. Did you get that? Ripple (XRP) .cwp-coin-chart svg path { stroke: ; stroke-width: ; } Price Trading volume in 24h … Read more
President Joe Biden just dropped a sanctions bomb on Russia; one so tightly sealed it’s built to survive Donald Trump’s reign. Especially as the president-elect seems dead set on fixing his friendship with Russia’s president Vlad Putin. Now Biden has rolled out a massive package targeting over 250 entities, aiming squarely at Russia’s already battered … Read more
Illicit cryptocurrency transactions surged to an estimated $51 billion in 2024, according to blockchain analytics firm Chainalysis. Despite this sharp rise in volume, illicit crypto activities accounted for only 0.14% of the total market, marking the lowest share in three years. In comparison, illicit crypto activities accounted for 0.61% in 2023, approaching the 2021 low … Read more