About: timi

The Canadian Government’s decision to freeze digital assets and crypto donations toward protesting truckers in 2022 was deemed unconstitutional by the Canadian Federal Court. The Federal Court ruled against the government’s decision to freeze financial assets including digital assets donations to protesting truckers calling it unreasonable. In 2022, “Freedom Convoy” protests saw truckers demonstrate against […]

Jan. 24th, Panama – Gate.io, a leading crypto exchange and Web3 innovator, has released its January 2024 Proof of Reserves (PoR), verifiably demonstrating $4.3 billion in total held assets with a ratio of 115.47%, representing over $584 million retained in excess of user deposits. The latest report also demonstrates an increase of $1.1 billion in […]

Taiwanese prosecutors have expanded their investigation into ACE Exchange, requesting the detention of Chenhuan Wang, the president of the platform. The prosecutors have accused Wang of money laundering and fraud in connection with the alleged fraudulent activities orchestrated by David Pan, the company’s founder, who was detained earlier this month. The Taipei District Prosecutors Office […]

As the crypto industry witnesses increasing competition among emerging and established players, all eyes turn towards a rising star that promises to redefine decentralized finance—Retik Finance. With innovative solutions, explosive token growth, and predictions of 5000% gains, Retik signals its potential to dethrone leading Ethereum scaling platform Polygon (MATIC) this cycle to emerge as the […]

Crypto fund manager HashKey Capital and FTSE Russell, a subsidiary of London Stock Exchange Group (LSEG), have unveiled a suite of indices tracking cryptocurrencies. HashKey Capital and FTSE Russell unveiled jointly developed crypto indices on January 24, as per a release shared with Cryptonews. These three crypto indexes, accessible on the FTSE Russell website, enable […]

The market for non-fungible tokens (NFTs) is not having the best of days, with significant drops across the board making the NFT news rounds today. Over the past 24 hours, the sales volume has dropped by nearly 20%. At the time of writing, it’s standing at $29,981,386. As we’ll see below, the weekly numbers are […]

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. In the ever-evolving landscape of digital entertainment, traditional online casinos and their cryptocurrency counterparts have emerged as two distinct avenues for individuals seeking the thrill of virtual gambling. While both platforms share the common goal of providing users with […]

Goldman Sachs-backed crypto platform Elwood Technologies announced Wednesday that the firm secured regulatory approval as a service provider. The Financial Conduct Authority’s approval covers Elwood’s execution system for security tokens and derivatives. Elwood, founded by British Billionaire Alan Howard, raised $70m in May 2022. The Series A round, co-led by Goldman Sachs and early-stage venture […]

Crypto lender Nexo has started a legal battle seeking $3 billion in damages from Bulgaria following an aborted criminal investigation that the company claims derailed its plans for a US stock market listing and a soccer sponsorship deal. Nexo AG, a Swiss subsidiary of Nexo Capital based in the Cayman Islands, alleges that the investigation […]

MailerLite has confirmed reports of the hackers gaining access to customers’ accounts that led to a calculated crypto phishing exploit targeted at popular web3 firms. On Jan 23, the email marketing company released a detailed explanation of the events leading up to the hack and subsequent phishing attacks on web3 firms. The attack led to […]