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Bitcoin
LG to Launch Crypto Wallet Wallypto Later This Year
LG, the South Korean electronics giant, is currently developing a cryptocurrency wallet app that will be launched later this year. The wallet, called Wallypto, will be part of a new business phase for the company, which recently abandoned…
LBank Exchange Will List Town Star (TOWN) on September 2, 2022
PRESS RELEASE. INTERNET CITY, DUBAI – LBank Exchange, a global digital asset trading platform, will list TownCoin (TOWN) on September 2, 2022. For all users of LBank Exchange, the TOWN/USDT trading pair will be officially available…
Crypto Ads in Thailand Must Feature Clear Investment Warnings, New Regulations Require
Thailand has introduced tighter rules that will oblige crypto companies to duly inform potential customers of the investment risks on their advertisements. The new regulations also prohibit businesses in the industry from making misleading…
Ripple to Participate in the Digital Dollar Project’s CBDC Sandbox Program
The non-profit organization promoting the creation of the digital dollar, the Digital Dollar Project, has announced the launch of a sandbox program to kickstart the probe of the technical implementations of the envisaged digital currency.…
Kenyan Fintech Pezesha Raises $11 Million in Pre-Series A Round Backed by Cardano Blockchain Builder
Pezesha, a Kenyan fintech focused on providing bridging finance to small and medium-sized enterprises, recently raised $11 million in pre-Series A debt-equity funding round. The Women’s World Banking Capital Partners II led the round…
President of Paraguay Mario Abdo Vetoes Cryptocurrency Bill
The President of Paraguay, Mario Abdo has issued an executive veto on a recently approved cryptocurrency bill. Abdo’s veto decree states cryptocurrency mining is an “energy-intensive” and a low-value-added activity. The…
Crypto.com Accidentally Sent $7 Million to Customer — Sues 7 Months Later to Get It Back
Cryptocurrency exchange Crypto.com accidentally transferred about $7.26 million to a customer’s account but did not notice the error for seven months. The crypto company has now sued the customer to recover the funds.
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Congress Questions Coinbase, FTX, Binance, Kraken in Crypto Fraud Crackdown
A House committee has sent letters to four U.S. federal agencies and five cryptocurrency exchanges asking for information about what they are doing to combat cryptocurrency fraud and scams.
Congress Questions Regulators and Crypto…
DC Attorney General Sues Billionaire Michael Saylor and Microstrategy Over Alleged Tax Fraud — Seeks…
The attorney general of the District of Columbia has sued Microstrategy’s co-founder and executive chairman, Michael Saylor, for tax fraud. The lawsuit also names Microstrategy as a defendant “alleging that it conspired to…
The Swappery Cross-Chain DEX Launches Utilizing Casper Blockchain
PRESS RELEASE. With the unprecedented global rise of decentralization and emerging technologies like NFTs, blockchain and the metaverse, it makes sense that many companies would want to ensure that they are ready for the seemingly…