crypto

North Korea’s notorious Lazarus Group is suspected of laundering hundreds of millions of dollars in cryptocurrency over the past four years, according to blockchain researcher ZachXBT. The report, published this week, alleges that the state-backed hacking group has funneled roughly $200 million worth of stolen crypto into traditional fiat currency. The Lazarus Group has been linked to a string of high-profile cyberattacks in recent years, including the […]

NEW YORK, USA – Media OutReach Newswire – 26 April 2024 – Recently, the global top-tier cryptocurrency exchange ZUHYX announced that it will launch a series of innovative research and educational resources to popularize cryptocurrency knowledge and enhance the investment wisdom of users. The ZUHYX team stated that amid the intensifying global inflation and limited opportunities in traditional finance, there is a growing demand from the public […]

Morgan Creek Capital Management, a cryptocurrency investment firm, has made a bold prediction: a massive influx of capital from baby boomers is on the horizon. Mark Yusko, the firm’s CEO, believes this new wave of investment could reach $300 billion within a year, fueled by the recent approval of Bitcoin exchange-traded funds (ETFs). Yusko’s optimism stems from his belief that ETFs will finally provide a user-friendly and […]

Dubai’s Emirates Integrated Telecommunications Company (du) is exploring the possibility of incorporating cryptocurrency and investment tools into its recently launched FinTech service, du Pay. This move signifies du’s ambition to transform itself from a telecommunications provider into a comprehensive financial solutions platform. Nicolas Levi, CEO of the new FinTech unit, revealed this strategic intent during the du Pay launch. He highlighted the potential of crypto and investment […]

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NEW YORK, USA – Media OutReach Newswire – 24 April 2024 – Recently, ZUHYX Exchange announced the implementation of a series of new security strategies and technologies to address growing security challenges and strengthen fund security, focusing on enhancing fund security and user asset protection. These measures include upgrading DDoS attack defenses, upgrading Web Application Firewall (WAF), encrypting website data transmission, and strengthening DNS servers. After the […]

Hong Kong has cemented its position as a burgeoning hub for digital assets with the official launch date set for its first spot Bitcoin and Ethereum exchange-traded funds (ETFs). April 30th marks the culmination of efforts by the Asian financial center to establish a regulatory framework that fosters innovation in the cryptocurrency space. This move positions Hong Kong as a trailblazer in Asia, following closely behind the […]

The Central Bank of Nigeria (CBN) has refuted claims circulating online that it is freezing cryptocurrency accounts. In an official post, the CBN clarified that reports suggesting such a measure were entirely fabricated. The bank further denounced an image used by several media outlets in conjunction with the false news. The image, according to the CBN, was not affiliated with them in any way. One prominent publication, […]

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KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 24 April 2024 – On the night of 20 April, the Bitcoin network experienced its fourth halving. Having broad general economic implications, this process is important for the entire cryptocurrency world and not solely for Bitcoin holders. The 2024 Bitcoin halving, which crypto investors have been expecting for four years, has been finalised. The reward per block has been […]

Nubank, Brazil’s leading digital bank, has taken a significant step towards integrating cryptocurrency into mainstream financial services. The bank recently announced support for deposits, withdrawals, and transactions involving Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) directly through its mobile application. This move caters to the growing demand for cryptocurrencies in Brazil and reflects a broader global trend of financial institutions acknowledging the potential of digital assets. Nubank’s […]

NEW YORK, US – Media OutReach Newswire – 23 April 2024 – Qmiax Exchange recently announced an exciting development: further optimization of its OTC fiat-to-crypto exchange process, delivering a more efficient and convenient trading experience for global cryptocurrency investors. Amidst the rise of cryptocurrencies, seamless conversion between fiat and crypto assets has become a core demand for traders. Addressing this demand, Qmiax introduced innovative OTC fiat-to-crypto exchange […]

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NEW YORK, US – Media OutReach Newswire – 23 April 2024 – Qmiax recently rolled out a fresh user interface and revamped trading processes, signaling a dual commitment to enhancing user experience and bolstering compliance standards. This strategic move underscores the position of Qmiax as a leading player in the industry, where success hinges not only on technical prowess and market influence but also on user-centric design […]

The Blockchain Association and the Crypto Freedom Alliance of Texas, two organizations at the forefront of cryptocurrency advocacy, have filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) challenging a recently enacted rule. The rule, which broadens the definition of a “dealer” in securities markets to potentially encompass certain cryptocurrency activities, has been met with fierce opposition from the industry. The lawsuit alleges that the […]

Cryptocurrency exchange Crypto.com has postponed its much-anticipated South Korean launch, citing the need for further discussions with local regulators. The decision comes after a period of review by Korean authorities, who reportedly raised concerns about Crypto.com’s anti-money laundering (AML) protocols. The exchange, initially scheduled to launch in South Korea on April 29, is now seeking to establish a clearer understanding with regulators regarding its compliance measures. “We […]

In a move to counter the impact of US sanctions, Venezuela’s state-owned oil and gas company, Petróleos de Venezuela, S.A. (PDVSA), is reportedly embracing cryptocurrency for its transactions. Industry sources familiar with the matter allege that PDVSA has begun accepting Tether (USDT), a stablecoin pegged to the US dollar, for oil sales. This shift towards digital currency also reportedly involves mandating new customers to use cryptocurrencies for […]

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The Ontario Superior Court of Justice has delivered a blow to cryptocurrency exchange giant Binance, approving a class-action lawsuit against the company for allegedly selling unregistered crypto derivatives to retail investors in the province. This move by the Canadian court signifies a potential escalation in the ongoing regulatory scrutiny surrounding the crypto industry. The lawsuit, certified on behalf of investors who purchased crypto derivative contracts on Binance […]

The United Arab Emirates (UAE) is rapidly becoming a leader in cryptocurrency adoption within the Middle East, according to a recent report by Bitget Research. The report highlights a surge of 166% in the average daily number of crypto traders across the region, reaching 500,000 in 2024. The UAE stands out as a frontrunner, with a significant portion, 72%, of its crypto users actively invested in Bitcoin. […]

XBANKING heralds a new era in cryptocurrency staking, providing a comprehensive array of 140 tokens across 30 networks. With a steadfast commitment to security and high rewards, investors can embark on a journey of financial growth London, United Kingdom – April 22, 2024 — In the dynamic realm of cryptocurrency, XBANKING emerges as the pinnacle of staking services, empowering investors worldwide. With a comprehensive offering of 140 […]

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Global cryptocurrency exchange Binance has secured a full operational license in Dubai, a move poised to significantly accelerate the adoption of digital assets within the United Arab Emirates (UAE) and solidify the country’s position as a progressive player in the burgeoning crypto industry. This virtual asset service provider (VASP) license, granted by Dubai’s Virtual Assets Regulatory Authority (VARA), empowers Binance to broaden its offerings beyond its current […]

NEW YORK, US – Media OutReach Newswire – 19 April 2024 – The Financial Crimes Enforcement Network under the U.S. Department of the Treasury recently unveiled a Notice of Proposed Rulemaking, signaling a tightening of regulations around cryptocurrency trading. Against this backdrop, Qmiax Exchange made waves by securing the Money Services Business license from FinCEN, marking a crucial stride towards elevated regulatory compliance in the cryptocurrency exchange […]

Mr.Based memecoin is different from traditional cryptocurrencies with its focus on community involvement and support for social causes. Massachusetts, US – April 20, 2024 — Mr.Based, Get ready to join the revolution in digital currency with Mr.Based, the groundbreaking new crypto memecoin that is set to shake up the crypto landscape. With a unique community-driven approach and a commitment to social causes, Mr.Based is not just a coin […]

NEW YORK, US – Media OutReach Newswire – 19 April 2024 – Qmiax Exchange recently achieved a significant milestone by passing audits for Money Services Business licenses in both the United States and Canada. This not only showcases the commitment of Qmiax to regulatory compliance but also underscores its strategic expansion of the platform into the global market. In the fast-changing cryptocurrency trading landscape, security and compliance […]

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 19 April 2024 – Every four years, the crypto world gets hyped for the Bitcoin halving. Past halvings, like the one of May 2020, saw a massive increase in BTC transactions, which was driven by growing adoption and community involvement. This trend benefited the crypto landscape across the board. The upcoming halving on 20 April 2024 is expected to […]

Global cryptocurrency exchange Binance is reportedly seeking to re-enter the Indian market, according to a report by The Economic Times. This move comes after the exchange exited the Indian market in 2021 following a regulatory crackdown on cryptocurrencies by the Indian government. The report states that Binance is prepared to comply with all local financial regulations and anti-money laundering (AML) standards set forth by the Indian authorities. […]

Physicianonfire.com, a financial media brand geared towards doctors seeking FIRE (Financial Independence, Retire Early), has partnered with industry-leading cryptocurrency news source Coinclub.News. This collaboration aims to empower doctors with unbiased, in-depth information on cryptocurrency, potentially integrating it into their FIRE strategies. Seattle, Washington, United States – April 16, 2024 — Seattle, WA — Physicianonfire.com, the leading physician media brand for doctors and accredited investors focused on Financial […]

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Two senior executives at OKX, a major cryptocurrency exchange, have reportedly tendered their resignations, according to a recent industry report citing sources familiar with the matter. The departures come amidst a period of regulatory uncertainty in the cryptocurrency market, particularly in India, where OKX recently ceased offering services. The first departing executive is Tim Byun, who previously served as the CEO of Okcoin, OKX’s US subsidiary, before […]

The South Korean won has ascended to the top spot for fiat currency used in cryptocurrency trading, surpassing the long-dominant US dollar in the first quarter of 2024. According to a report by Kaiko, a leading crypto research firm, the won facilitated over $456 billion in trading volume on centralized cryptocurrency exchanges during the period. This significant shift reflects a surge in South Korean investor interest in […]

Cryptocurrency wallet provider Trust Wallet sent a wave of concern through the digital currency community after urging iPhone users to disable iMessage. The warning, issued on social media, stemmed from alleged “credible intel” regarding a critical security flaw in Apple’s messaging service. Trust Wallet claims this zero-day exploit – a vulnerability unknown to the software vendor – could allow hackers to infiltrate iPhones without any user interaction. […]

The United Kingdom is set to unveil a comprehensive regulatory framework for cryptocurrencies by July 2024, Economic Secretary Bim Afolami recently announced. This move positions the UK as a frontrunner in establishing clear guidelines for the burgeoning crypto industry. The proposed legislation aims to bring order to a rapidly evolving digital asset landscape. Afolami highlighted stablecoins, staking, exchanges, and custody services as key areas of focus. Stablecoins, […]

Hong Kong’s consultation period for licensing over-the-counter (OTC) cryptocurrency trading platforms concluded on April 12th, leaving industry participants with lingering questions about the regulatory framework’s scope and implementation. While the consultation paper focused solely on Bitcoin and Ethereum, industry voices are advocating for the inclusion of stablecoins like Tether (USDT) and USD Coin (USDC) within the regulatory ambit. Additionally, concerns have been raised regarding the proposed implementation […]

The world of cryptocurrency felt the tremors of geopolitical instability this weekend as Bitcoin, the leading digital asset, experienced its most significant single-day drop in over a year. The decline coincided with a surge in tensions between Iran and Israel, after Iran launched a surprise attack on Israeli territory. Bitcoin’s price plummeted by over 8% in the immediate aftermath of the news, falling from around $64,000 to […]

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RYO YAMADA
HITORI GOTOH
IKUYO KITA