General category for all types of news related to the cryptocurrency world.
OKX launches the Alt Drive trading campaign with a $120,000 prize pool in tokens. Running until Aug 10, 2024, participants can win TradingView subscriptions and token rewards. Complete tasks on OKX’s website to join. #Update #CryptoNews @OKX
Elon Musk’s X (formerly Twitter) rejected the European Commission’s deal to avoid fines for censoring speech without user consent. X faces penalties under the Digital Services Act (DSA) for deceptive practices and poor advertising transparency. Commissioner Thierry Breton stresses the need for transparency. #Regulation
Over $100B in crypto has been laundered since 2019 via exchanges, DeFi, and mixers. 2022 saw a record $30B in illicit transactions, largely involving stablecoins. Anti-money laundering measures are improving, with monthly funds to centralized exchanges dropping to $780M. #CryptoCrime #Update
Notcoin ($NTC) surged 65% last week, hitting resistance at $0.00169. Analysts predict a possible rise to $0.0169, but failure to break resistance could see a drop to $0.0091543. Strategic positions are crucial. #Crypto #Update
Dutch court denies bail for Tornado Cash developer Alexey Pertsev, who faces 64 months in prison for aiding $2.2B money laundering. Pertsev ordered to forfeit $2M and a Porsche. This emphasizes crypto mixer compliance with AML regulations. #CryptoNews
@Bitfarms_io has called a special shareholder meeting for Oct 29 after a requisition by rival @RiotPlatforms. Shareholders can vote from Sep 26. The meeting will address Riot’s concerns and Bitfarms’ governance. #Update #CryptoMining $BTC
Arthur Hayes (@CryptoHayes) suggests 50M U.S. crypto holders could sway the 2024 presidential elections. He urges treating digital assets as protected speech for favorable regulations, proposing a framework to make the U.S. a top crypto-friendly nation. #CryptoPolitics #Update
Learn how to profit from cryptocurrency: HODLing $BTC, staking for 5%-20% returns, yield farming, liquidity mining, and trading. High-risk methods include IDOs and IEOs. Mining requires significant investment but can be rewarding. #Update #CryptoNews
Dutch court denies bail for Tornado Cash developer Alexey Pertsev, who remains in custody over $2.2B money laundering. Despite safety concerns, Pertsev claims his detention violates human rights and complicates his defense preparation. #Crypto #Update
Roxman’s crypto games Major and Friends Factory are taking Telegram by storm, gaining 7M users in 5 days. Players earn TONcoin, blending fun, community, and financial incentives. Even Telegram’s founder is impressed! #Update #CryptoGaming @telegram @ton_blockchain
OpenAI launches a progress-tracking scale for AI, outlining five development levels towards AGI. Currently at stage two, “Reasoners” can solve tasks at a Ph.D. level. This structured approach addresses key tracking challenges in AI research. #AI #Update
UK Law Commission recommends regulating DAOs under existing financial and tax laws, noting complexity in their legal treatment. DAOs with governance tokens may fall under UK promotion rules. Continuous review advised. #DAOs #Update
VanEck CEO Jan Van Eck remains bullish on $BTC despite recent market volatility. He cites Bitcoin’s long-term fundamentals, such as the upcoming halving event and potential Fed easing, as key bullish factors. Van Eck views a 20% correction as normal. The global crypto market cap now stands at $2.11T. #Update
Singapore-based blockchain startup @Partior raised $60M in Series B led by @PeakXVPartners to enhance cross-border payments and tackle liquidity issues. Milestone: Standard Chartered completed Euro-denominated transactions via Partior’s network. #Blockchain #Update
