Bitcoin

KPMG and Chainalysis Partner to Enhance Crypto Fraud Detection and Compliance

KPMG in Canada and Chainalysis have entered into a strategic partnership aimed at strengthening efforts against crypto asset fraud. This alliance, marking KPMG’s entry into the Chainalysis Solution Provider program, is focused on providing enhanced monitoring and risk management tools for cryptocurrency exchanges, financial institutions, and government agencies. The announcement on Wednesday details that the […]
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Cryptocurrency
22 Nov 2023

Binance Sees $1.7 Billion in Withdrawals Post DOJ Settlement, Nansen Reports Decline in Crypto Reserves

Following the settlement with the U.S. Department of Justice (DOJ), Binance, the world’s leading crypto exchange by trading volume, has experienced a significant withdrawal of approximately $1.7 billion in digital assets, as reported by Nansen, a blockchain analysis company. This substantial outflow of funds from Binance occurred shortly after the settlement. As of the latest […]
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Cryptocurrency
22 Nov 2023

Imminent Bittrex Global closure triggers $10k Bitcoin premium on platform

Bittrex Global’s imminent closure has led to Bitcoin (BTC) trading at a substantial premium exceeding $10,000, data from its website shows. The exchange’s BTC/US Dollar pair surged to $46,300 before retracing to $44,613 as of press time, significantly surpassing the current average price of $36,450 on major platforms like Binance and Coinbase. Data from Tradingview […]
The post Imminent Bittrex Global closure triggers $10k Bitcoin premium on platform appeared first on CryptoSlate.
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Cryptocurrency
22 Nov 2023

Binance’s American VIPs: A Revealing Look at High-Net-Worth Influence Amid DOJ Settlement

On Tuesday, charges against crypto exchange titan Binance Holdings Limited were revealed by the U.S. Department of Justice (DOJ), which reached a significant $4.316 billion settlement with the world’s largest crypto exchange for noncompliance with anti-money laundering (AML) laws. Despite Binance’s 2019 claims to bar U.S. users, prosecutors asserted the firm persisted in providing market […]
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Cryptocurrency
22 Nov 2023

Celebrating Kaspa’s 2nd Birthday: $1M Airdrop Campaign With OKX, Coinpal.io

PRESS RELEASE. Massachusetts, USA, November 22nd, 2023, Chainwire. Kaspa, the revolutionary open-source, decentralized, and fully scalable Layer-1 blockchain network, is thrilled to announce its 2nd birthday celebration. To commemorate this significant milestone, together with industry leaders Coinpal.io, OKX Web3, ICERIVER, IGV, and Rhubarb Media to launch a spectacular 1 Million Airdrop Campaign. This campaign will […]
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Cryptocurrency
22 Nov 2023

Surge in Bitcoin exchange deposits breaks six-month withdrawal streak

After six months of Bitcoin exchange withdrawals outpacing deposits, a reversal occurred this month, signaling a change in holder behavior. The exchange net flow, which measures the difference between Bitcoin deposits and withdrawals on exchanges, turned positive at the beginning of November, indicating a renewed interest in exchange activities among Bitcoin holders. This shift is […]
The post Surge in Bitcoin exchange deposits breaks six-month withdrawal streak appeared first on CryptoSlate.
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Cryptocurrency
22 Nov 2023

Bit.Store Introduces Privacy-First Virtual Crypto Mastercard and Unveils Website’s New Look

PRESS RELEASE. Bit.Store, a pioneer in the Web3 revolution, is delighted to introduce its freshly redesigned website and the official release of the Bit.Store Virtual Crypto Card. With an unwavering commitment to facilitating seamless crypto transactions, Bit.Store is actively shaping the future of digital payments, making it more accessible to all through its innovative card […]
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Cryptocurrency
22 Nov 2023

Heco Bridge Breach Drains $86 Million — Justin Sun’s HTX-Linked Venture Faces Major Security Setback

Numerous sources have reported that the Heco Bridge, a cross-chain conduit linking Ethereum with the Heco blockchain, has suffered a security breach, resulting in a loss of $86 million. Subsequent to the heist, the stolen funds were redirected to various decentralized exchange (dex) platforms. Major $86 Million Theft Hits Heco Bridge In a recent setback […]
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Cryptocurrency
22 Nov 2023

Robert Kiyosaki Says Prepare for Hyperinflation — Sees Bitcoin as the ‘Best Protection’

Rich Dad Poor Dad author Robert Kiyosaki has urged investors to prepare for hyperinflation, emphasizing that bitcoin is “your best protection.” He perceives the cryptocurrency as “people’s money,” the value of which cannot be controlled by governments. Robert Kiyosaki: Bitcoin Is Your Best Protection The author of Rich Dad Poor Dad, Robert Kiyosaki, is advising […]
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Cryptocurrency
22 Nov 2023

Analysis Claims Discovery of Selective Transaction Filtering in Bitcoin Mining Pools

A recent analysis by 0xB10C, a developer and onchain analyst, has uncovered intriguing findings in the Bitcoin network. The study, which focuses on the mining pools’ transaction selection processes, revealed that certain transactions from U.S. Treasury-sanctioned addresses were missing from blocks. This insight raises questions about the practices of mining pools and their influence on […]
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Cryptocurrency
21 Nov 2023

DOJ Announces $4.3 Billion Settlement With Binance; CZ to Step Down as Part of Plea Deal

The United States Department of Justice (DOJ) has revealed a landmark settlement involving Binance, the world’s largest crypto exchange by trading volume. Under the agreement, Binance will pay $4.3 billion to settle with the law enforcement authority. This significant development was disclosed during a DOJ press briefing on cryptocurrency enforcement, which took place at 3:36 […]
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Cryptocurrency
21 Nov 2023

LBank Unveils Third Launchpad Featuring ACGN Protocol’s AIMEME Token

PRESS RELEASE. LBank, a globally leading cryptocurrency trading platform, is set to make waves in the digital currency space with the official launch of its highly anticipated Launchpad on November 30, 2023. The focal point of this unveiling is the introduction of ACGN Protocol’s AIMEME token, representing a significant milestone for LBank following the successful […]
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Cryptocurrency
21 Nov 2023

Bitcoin’s $30K Floor — Willy Woo’s Onchain Analysis Predicts Enduring Stability Above Threshold

On November 21, 2023, the popular onchain analyst Willy Woo presented a detailed chart showcasing the cost basis density map of bitcoin. This analysis delves into BTC’s pricing history and transactional data, pinpointing critical areas of price stabilization and potential zones of support. In discussing the chart, Woo remarked that if the current pattern continues […]
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Cryptocurrency
21 Nov 2023

Phoenix Group IPO raises $370M, signaling investor confidence in Middle Eastern crypto economy

Abu Dhabi’s Phoenix Group, a Bitcoin (BTC) mining service provider, has completed an initial public offering (IPO) that sold 907 million shares, raising approximately 1.3 billion UAE Dirhams, or $370 million, according to a Nov. 21 statement. The firm said the IPO surpassed its initial expectations, raising 33 times the projected amount. Demand from retail […]
The post Phoenix Group IPO raises $370M, signaling investor confidence in Middle Eastern crypto economy appeared first on CryptoSlate.
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Cryptocurrency
21 Nov 2023