Tag: News

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Bitcoin ATM Users in Argentina Can Now Use Lightning Network

Source: Birdland/Adobe Bitcoin ATM users in Argentina can now use the Bitcoin (BTC) Lightning Network, following similar developments earlier this month in El Salvador. The project is the brainchild of the crypto ATM operator Athena Bitcoin, which launched Lightning Network integration in El Salvador in early November. The firm says it wants to expand its…
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Binance Counter-Terrorism Specialist Steps Down Amidst Heightened Concerns on Crypto’s Role in Terrorism

Source: Adobe Stock Jennifer Hicks, Binance’s Senior Counter-Terrorism Official, has officially resigned from the world’s largest cryptocurrency exchange, as disclosed on her LinkedIn profile. Having dedicated nearly two years to Binance, Hicks, an investigative specialist with prior experience at Chainalysis and the U.S. Navy, departs amidst a critical juncture for the crypto industry. Lawmakers Intensify…
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Bithumb’s Ex-Chair Faces Eight-Year Jail Term as Prosecutors File Appeal

source: gesrey/Adobe South Korean prosecutors have filed an appeal in the alleged fraud case involving Lee Jeong-hoon, the former chair of local cryptocurrency exchange Bithumb. According to the report from Seoul Economic Daily, prosecutors are once again advocating for an eight-year jail term for Lee in connection to a case centered around the proposed October…
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A Major Vulnerability Found in Early Crypto Wallet Software Risks Billions in Assets

A critical vulnerability in early cryptocurrency wallets, identified by cybersecurity startup Unciphered, threatens billions of dollars in digital assets. Originating from a flaw in the BitcoinJS software used for wallet generation between 2011 and 2015, this issue exposes wallets to potential exploitation. Millions of users are being urged to transfer their assets to wallets generated…
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Astrobotic To Send Physical Dogecoin To the Moon in 2024

Source: Pixabay Dogecoin has announced plans to send a physical Dogecoin to the Moon next year in collaboration with space robotics firm Astrobotic Technology. In an X post published on Thursday, Dogecoin revealed that Astrobotic plans to transport a physical Dogecoin to the moon using the DHL Moonbox aboard United Launch Alliance’s Vulcan Centaur Rocket…
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Three Arrows Capital Co-founder Kyle Davies Seen in Bali: Report 

Source: Pixabay Kyle Davies, co-founder of collapsed cryptocurrency hedge fund Three Arrows Capital, has reportedly been spotted in Bali while he continues to escape arrest from Singaporean authorities. Images provided to Cointelegraph show Davies with an unknown woman at the Milk and Madu cafe in Canggu, Bali on November 8th. Cointelegraph did not publish the…
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Here’s How Russians Dodge Sanctions to Use Int’l Crypto Exchanges

Russian crypto holders have reportedly used simple workarounds to evade sanctions – and trade on overseas crypto exchanges. In the wake of the war in Ukraine, Western leaders have imposed sanctions on most leading Russian banks. Account holders at these banks, thus, are effectively blocked from using fiat on/off ramps at major international crypto exchanges.…
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South Korea’s National Pension Fund Bought $20 Million Coinbase Stocks in Q3 2023

Source: Pexels The National Pension Service of South Korea has acquired approximately 26 billion won ($20 million) worth of Coinbase stocks (COIN). The National Pension Service is South Korea’s largest investment group and the third largest pension fund in the world. The investment group manages over 997.4 trillion won, approximately $800 billion in assets. As…
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Binance and Gulf Energy’s Joint Venture to Launch Crypto Exchange in Thailand

Source: Pexels In a strategic collaboration, Binance Holdings Ltd. and Gulf Energy Development Pcl are set to launch a cryptocurrency exchange in Thailand early next year. This follows the acquisition of licenses from the Thai Securities and Exchange Commission, with Gulf Binance Co. obtaining the regulatory nod on November 10, as disclosed in a stock…
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South Korean Crypto Exchange Bithumb Still Aiming for IPO Despite ‘Deep’ Troubles

Source: Timon/Adobe The South Korean crypto exchange Bithumb has effectively confirmed reports that it is hoping to launch an initial public offering (IPO), but may be hampered by financial issues and ongoing legal problems. Per the South Korean media outlets Economist and Decenter, Bithumb wants to become the first crypto exchange in the nation to…
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