Your Daily Digest of Global Stories
The Argentine Chamber of Fintech launched an alert after the events in San Pedro and other towns in Buenos Aires, where the operations of Rainbow Exchange and Knight Consortium are being investigated. These platforms, according to multiple victims, They operate with characteristics of pyramid schemes: They promise exorbitant returns, recruit users on unregistered platforms, and…
Arkham Intelligence, a firm known for analyzing the cryptocurrency market, is about to enter the crypto asset exchange market, launching its own derivatives exchange. The company decided to move its operations from London and New York to Punta Cana, Dominican Republic, where it will establish its new headquarters. This decision is accompanied by a key…
With CoinEx Mining, users can earn profits by locking up cryptocurrencies. Unlike mining pools, CoinEx Mining does not set lockup periods. Cryptocurrency mining has evolved as a major investment opportunity as the market expands. While traditional hardware-based mining still has its place, the high barriers to entry and associated costs have deterred many investors. At…
The failed bitcoin exchange, Mt. Gox, announced on Thursday, October 10 that it will extend the repayment period to its creditors until October 31, 2025. This decision was made because some creditors have not yet completed the necessary procedures to receive your payments. In a releaseNobuaki Kobayashi, who is the court-appointed rehabilitation trustee conducting the…
The platform believes that the SEC has expanded its jurisdiction beyond legal limits. “We seek to stop the SEC’s illegal actions that exceed its authority and violate the law,” they say. This Tuesday, October 8, Crypto.com filed a lawsuit against the United States Securities and Exchange Commission (SEC), seeking to protect the future of the…
Bitcoin (BTC) and cryptocurrency exchange Binance is preparing to list Scroll (SCR), the native token of the Ethereum layer 2 network also called Scroll, ahead of its official launch. This move will allow users to participate in pre-launch trading. The Scroll token, whose total supply reaches 1 billion SCR, will be included in the Binance…
Although in weekly terms Ethereum still leads, the gap is short. Solana has been hot on Ethereum’s heels for some time. The Solana network surpassed Ethereum, on October 5, in daily trading volume on decentralized exchanges (DEX), according to recent data from DeFiLlama. Reaching a volume of USD 1,122 million, Solana is above the second…
The National Securities Commission (CNV) and other Argentine authorities discussed the progress and challenges for the regulation of the financial sector and cryptocurrencies. The debate took place during an event on prevention of money laundering held a few days ago. At the event, the president of the CNV, Roberto Silva, spoke about the progress made…
According to CCData, Binance also decreased its participation in the derivatives market. Other exchanges are taking a greater role in the market. In September 2024, Binance’s market share fell noticeably, reaching its lowest point since 2020. According to data from CCData, this decline is reflected in both the spot and derivatives markets, marking a significant…
The Swift system announced through its official website that it will conduct “live” testing with digital assets starting next year. These tests will focus on banks in North America, Europe and Asia, allowing the execution of pilot transactions for the settlement of digital assets and currencies. Starting in 2025, financial institutions will be able use…
