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FalconX Partners With Standard Chartered to Serve Institutional Crypto Investors
FalconX has announced a partnered with the Standard Chartered bank on Wednesday. Under the partnership, FalconX said it will integrate the bank's traditional finance infrastructure into its own offerings and cater to institutional investors.
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Bitcoin Price Hovers Above $103,000 as Values of Most Altcoins Rise
The overall valuation of the crypto sector surged by 3.15 percent over the last 24 hours. Bitcoin and Ether, both saw gains on Wednesday. Most altcoins followed suit with Solana, Dogecoin, and Polkadot also registering profits.
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Armed Gang Tries To Kidnap Crypto CEO's Daughter, Grandson In Paris
The daughter and grandson of a French cryptocurrency entrepreneur narrowly escaped a kidnap attempt by armed men in Paris on Tuesday in the latest attack on a crypto trader in the French capital, police said.
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Dubai, Crypto.com Ink Deal to Process Payments for Government Services via Crypto
Dubai's Department of Finance (DOF) has announced a partnership with Crypto.com to process payments for government services in the emirate. The step aligns with the Dubai Cashless Strategy that aims to digitise 90 percent of all transactions recorded in the region.Â
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US Crypto Task Force Spotlights Growing Interest in RWA Tokenisation in Latest Roundtable MeetÂ
Paul Atkins, the chairperson of the Crypto Task Force, acknowledged that securities were rapidly migrating from off-chain databases to on-chain ledger networks, indicating adoption of Web3 technologies. He said that tokenisation could enhance capital formation by transforming relatively illiquid assets into liquid investment opportunities.
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Coinbase Becomes First Crypto Firm to Enter S&P 500 Index in the USÂ
Coinbase is set to enter the S&P 500 index in the US on May 19. Its entry into this elite group makes for a significant moment in Web3 history as it is the first crypto firm to become part of the index. Coinbase posted a message of gratitude, announcing the development on X.Â
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Malaysia Logs 300 Percent Rise in Electricity Theft Linked to Illegal Crypto Mining: Report
Illegal crypto mining operations in Malaysia rose to 2,397 in 2024 from the 610 cases reported in 2018. Law enforcement authorities there have reportedly initiated efforts to identify and bust locations they suspect are origins of unauthorised mining operations.
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Meta's Stablecoin Plans Likely to Face Regulatory Pushback as US Senator Warren Questions GENIUS ActÂ
Over the weekend, US Senator Elizabeth Warren snubbed the idea of letting Big Tech companies dive too deep into the stablecoin sector. In an interview with CoinDesk, Warren said that Big Tech's introduction of stablecoin transactions could "choke off small businesses from the payments system."
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Crypto Price Today: Bitcoin Hovers Over $103,000 Price Point, Ether Breaches $2,500 Mark After MonthsÂ
The crypto market cap dropped by 0.29 percent over the last 24 hours. Bitcoin and Ether logged minor losses on Monday, May 12. Litecoin, Dogecoin, and Cardano also registered minor losses. Analysts have advised investors to tread lightly amid prevailing market volatility.Â
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Automotive Blockchain Market Projected to Hit $5.6 Billion by 2030: Report
A report by Allied Market Research (AMR) has estimated that the global automotive blockchain market is on the track to become a $5.6 billion (roughly Rs. 47,800 crore) dollar industry by 2030.
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Meta Said to Consider Stablecoin Use for International Creator Payouts
Meta is considering the adoption of stablecoins as a mode to process international payouts. Through stablecoins, Meta expects to simplify payouts to the creators using its platforms from various locations around the world.
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Celsius Founder Alex Mashinsky Gets 12 Years Prison for Crypto Fraud
Celsius founder Alex Mashinsky was sentenced on Thursday to 12 years in prison after pleading guilty in December to securities fraud and commodities fraud. Federal prosecutors said Mashinsky, 59, misled customers about Celsius' safety, and artificially inflated the value of Celsius' proprietary token Cel.
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Bitcoin Price Surges Above $102,000 as Ether Crosses $2,000 Amid Ongoing Market Rally
The overall crypto market valuation rose by nearly five percent in the last 24 hours. Bitcoin and Ether, both registered notable gains on Friday, May 9. Ripple, Dogecoin and Solana, all registered profits on Friday. Litecoin and Protocol, however, saw losses.
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Bhutan Partners With Binance to Launch Crypto Payment System for Tourists
Bhutan has launched a crypto payment system to let users make crypto payments using Binance Pay. The aim is to incentivise tourists with cheaper alternatives to dodge currency exchange rates and limitations in the acceptability of international cards.
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US Banks Permitted to Offer Crypto Custody and Management Services, OCC Confirms
The US Office of the Comptroller of the Currency (OCC) has clarified that all national banks and federal savings associations under its control are permitted to offer crypto services to their clients. These may include crypto-to-fiat conversions, trade executions, and tax services among others.
![Gadgets 360 With Technical Guruji: News of the Week [January 11, 2025]](https://c.ndtvimg.com/2025-01/gf6c7oc8_news_640x480_12_January_25.jpg?downsize=245:163 "Gadgets 360 With Technical Guruji: News of the Week [January 11, 2025]")
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FalconX Partners With Standard Chartered to Serve Institutional Crypto Investors
FalconX has announced a partnered with the Standard Chartered bank on Wednesday. Under the partnership, FalconX said it will integrate the bank's traditional finance infrastructure into its own offerings and cater to institutional investors.
-
Bitcoin Price Hovers Above $103,000 as Values of Most Altcoins Rise
The overall valuation of the crypto sector surged by 3.15 percent over the last 24 hours. Bitcoin and Ether, both saw gains on Wednesday. Most altcoins followed suit with Solana, Dogecoin, and Polkadot also registering profits.
-
Armed Gang Tries To Kidnap Crypto CEO's Daughter, Grandson In Paris
The daughter and grandson of a French cryptocurrency entrepreneur narrowly escaped a kidnap attempt by armed men in Paris on Tuesday in the latest attack on a crypto trader in the French capital, police said.
-
Dubai, Crypto.com Ink Deal to Process Payments for Government Services via Crypto
Dubai's Department of Finance (DOF) has announced a partnership with Crypto.com to process payments for government services in the emirate. The step aligns with the Dubai Cashless Strategy that aims to digitise 90 percent of all transactions recorded in the region.Â
-
US Crypto Task Force Spotlights Growing Interest in RWA Tokenisation in Latest Roundtable MeetÂ
Paul Atkins, the chairperson of the Crypto Task Force, acknowledged that securities were rapidly migrating from off-chain databases to on-chain ledger networks, indicating adoption of Web3 technologies. He said that tokenisation could enhance capital formation by transforming relatively illiquid assets into liquid investment opportunities.
-
Coinbase Becomes First Crypto Firm to Enter S&P 500 Index in the USÂ
Coinbase is set to enter the S&P 500 index in the US on May 19. Its entry into this elite group makes for a significant moment in Web3 history as it is the first crypto firm to become part of the index. Coinbase posted a message of gratitude, announcing the development on X.Â
-
Malaysia Logs 300 Percent Rise in Electricity Theft Linked to Illegal Crypto Mining: Report
Illegal crypto mining operations in Malaysia rose to 2,397 in 2024 from the 610 cases reported in 2018. Law enforcement authorities there have reportedly initiated efforts to identify and bust locations they suspect are origins of unauthorised mining operations.
-
Meta's Stablecoin Plans Likely to Face Regulatory Pushback as US Senator Warren Questions GENIUS ActÂ
Over the weekend, US Senator Elizabeth Warren snubbed the idea of letting Big Tech companies dive too deep into the stablecoin sector. In an interview with CoinDesk, Warren said that Big Tech's introduction of stablecoin transactions could "choke off small businesses from the payments system."
-
Crypto Price Today: Bitcoin Hovers Over $103,000 Price Point, Ether Breaches $2,500 Mark After MonthsÂ
The crypto market cap dropped by 0.29 percent over the last 24 hours. Bitcoin and Ether logged minor losses on Monday, May 12. Litecoin, Dogecoin, and Cardano also registered minor losses. Analysts have advised investors to tread lightly amid prevailing market volatility.Â
-
Automotive Blockchain Market Projected to Hit $5.6 Billion by 2030: Report
A report by Allied Market Research (AMR) has estimated that the global automotive blockchain market is on the track to become a $5.6 billion (roughly Rs. 47,800 crore) dollar industry by 2030.
-
Meta Said to Consider Stablecoin Use for International Creator Payouts
Meta is considering the adoption of stablecoins as a mode to process international payouts. Through stablecoins, Meta expects to simplify payouts to the creators using its platforms from various locations around the world.
-
Celsius Founder Alex Mashinsky Gets 12 Years Prison for Crypto Fraud
Celsius founder Alex Mashinsky was sentenced on Thursday to 12 years in prison after pleading guilty in December to securities fraud and commodities fraud. Federal prosecutors said Mashinsky, 59, misled customers about Celsius' safety, and artificially inflated the value of Celsius' proprietary token Cel.
-
Bitcoin Price Surges Above $102,000 as Ether Crosses $2,000 Amid Ongoing Market Rally
The overall crypto market valuation rose by nearly five percent in the last 24 hours. Bitcoin and Ether, both registered notable gains on Friday, May 9. Ripple, Dogecoin and Solana, all registered profits on Friday. Litecoin and Protocol, however, saw losses.
-
Bhutan Partners With Binance to Launch Crypto Payment System for Tourists
Bhutan has launched a crypto payment system to let users make crypto payments using Binance Pay. The aim is to incentivise tourists with cheaper alternatives to dodge currency exchange rates and limitations in the acceptability of international cards.
-
US Banks Permitted to Offer Crypto Custody and Management Services, OCC Confirms
The US Office of the Comptroller of the Currency (OCC) has clarified that all national banks and federal savings associations under its control are permitted to offer crypto services to their clients. These may include crypto-to-fiat conversions, trade executions, and tax services among others.
