FCA busts suspects in $1.2B illegal crypto asset business

The cryptocurrency space moves rapidly, so much so that every year, there’s a new trend: from initial coin offerings (ICOs) to nonfungible tokens (NFTs) only a few years have passed. In the face of such astounding innovation, crypto companies and regulators face a growing challenge: balancing security practices with new products and features.Some companies’ approach…

CryptoPunks v1 is no longer deemed authentic but its creators allegedly sold 210 ETH worth when the wrapped versions gained traction. 489 Total views 6 Total shares During its initial release, 10,000 CryptoPunks were sold and made it to the secondary market before users discovered a critical smart contract exploit that made it possible for…

France’s Minister for the Economy and Finance has announced that the government has accepted an article of the Business Growth and Transformation bill (PACTE) dedicated to Initial Coin Offerings (ICO), according to a tweet posted Wednesday, September 12.As finance Minister Bruno Le Maire states, the French stock markets regulator Autorité des marchés financiers (AMF) is…

A Bitcoin layer-2 executive explained how Bitcoin narratives that were “overhyped” have now wholly vanished while the ecosystem develops.  In a Cointelegraph interview, Bitlayer co-founder Charlie Hu laid out three Bitcoin narratives that he believed were overhyped. This included narratives that surrounded Ordinals, layer-2s and re-staking.  According to Hu, one of the overhyped narratives in

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.The market data is provided by the HitBTC exchange.Though cryptocurrencies are stuck in a bear market, it hasn’t…

The Internet and Mobile Association of India (IAMAI) is forming a dedicated focus group for blockchain exploration made up of both big business and cryptocurrency players, Indian daily newspaper Economic Times reported Monday, Oct. 15.Confirmed in a tweet Tuesday, the IAMAI, whose remit is to “expand and enhance” the online and mobile sector, will use…

Bitcoin (BTC) has been witnessing a tough battle between the bulls and the bears near the $25,000 level. A clear winner may not emerge in the short term due to a lack of a catalyst and because there is no major macro economic data scheduled for this week in the United States. Data points from…

A number of decentralized finance protocols experienced volatility around the $1 billion mark in 2020, briefly making some of them unicorns in the crypto space. Though the 2020 numbers are comparable to the number of projects that emerged as unicorns during the 2017 initial coin offering boom, Gemini co-founder Cameron Winklevoss said in September that…

Blockchain firm Aeternity launched its social monetization tool "Superhero" on May 20, describing the platform as “the first decentralized peer-to-peer instant payment tool for digital goods or social content.” The extension is supported by the crypto-friendly internet browsers Brave and Opera, in addition to Firefox and Chrome. The decentralized app — or DApp — is also…