#Crypto

Sony's Soneium Integrates

Sony’s Soneium Integrates LINE Mini-Apps in Web3 Push

Sony’s public blockchain platform Soneium is teaming up with messaging giant LINE to integrate LINE’s mini-apps into its ecosystem, with four mini-games set to go on-chain in the coming months. The companies announced today that the partnership aims to enhance user experience while providing LINE mini-app developers with community-building support, strategic marketing, and IP collaboration […]

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India crypto regulation

India’s Crypto Regulation: What’s Next?

India is taking significant strides toward establishing clearer regulations for cryptocurrencies, with a new consultation paper in the works that aims to address pressing concerns within the asset class. Developing the Consultation Paper According to a recent report by CNBCTV18, the Secretary of the Department of Economic Affairs is leading a panel poised to release

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Kraken Australia legal battle

Kraken Faces Legal Setback in Australia

Australia’s corporate watchdog, ASIC, has secured a victory in its legal battle against Bit Trade Pty Ltd. The operator of Kraken’s crypto exchange in Australia. The Federal Court’s decision underscores the increasing scrutiny on cryptocurrency platforms regarding regulatory compliance. Legal Proceedings and Findings On a late Thursday, the Federal Court found that Bit Trade had

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Crypto.com Drama: Employee Charged in $47K Extortion Plot

Jose Luis Alonso Melchor was recently arraigned in a Malta court, facing allegations of threatening to disclose sensitive information unless he received €44,000 ($47,666) in compensation following his termination from the Singapore-based crypto exchange Crypto.com. Melchor, who held a position granting access to confidential data, allegedly violated an attachment order and unlawfully accessed company information.

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Nigeria Tightens Crypto Regulation: 30-Day Ultimatum

In a significant regulatory move, Nigeria’s Securities and Exchange Commission (SEC) has issued a 30-day ultimatum to all cryptocurrency exchanges and digital asset traders operating within the country to re-register their businesses or face potential enforcement actions. This directive marks a pivotal step in Nigeria’s broader strategy to bring digital assets trading under stricter regulatory

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Crossover Markets Secures $12M to Boost Ultra-Fast Crypto Trading

Crossover Markets, a trading platform renowned for its superfast execution-only services for cryptocurrencies, has successfully closed a $12 million Series A funding round. This round was spearheaded by Illuminate Financial and DRW Venture Capital, marking a significant endorsement from prominent investors in the fintech and crypto sectors. The evolution of crypto trading platforms now caters

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Crypto Countdown: Major Options Expiry Stirs Market Volatility

As the clock ticks toward another significant event in the cryptocurrency markets, traders are gearing up for a major options expiry event set for this Friday at 08:00 UTC. Deribit, the leading crypto derivatives exchange, is preparing for the expiration of bitcoin (BTC) options worth $6.68 billion and ether (ETH) options worth $3.5 billion. This

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Bitstamp Tightens Reins: Delisting Non-Compliant Stablecoins

In a move reflecting the tightening regulatory landscape across Europe, crypto exchange Bitstamp has announced it will delist Tether’s EURT and other stablecoins that fail to comply with the European Union’s forthcoming crypto regulations before the looming June 30 deadline. The new regulation, known as the Markets in Crypto-Assets (MiCA), is set to redefine the

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