Finance News – Global Crypto
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Pi Network migration problems: Users report KYC, 2FA and balance errors
The reported issues with identity verification, two-factor authentication, and account balances during the network transition may impact user confidence and the overall financial s...
Read Full Article →Bitcoin liquidity moves to non-KYC exchanges as US reserves thin
As Bitcoin reached record highs, trading activity increasingly shifted to offshore platforms without identity verification, indicating a decline in available supply on regulated US...
Read Full Article →FTX users fight to unlock $2.2B in still-disputed bankruptcy claims
FTX creditors are seeking resolution on billions in contested claims, while several users experience difficulties completing identity verification procedures related to the ongoing...
Read Full Article →Pi Network faces backlash as users report missing tokens despite KYC completion and mainnet migratio...
The reported disappearance of token balances following identity verification and network updates has raised concerns about potential impacts on users' investments within the Pi Net...
Read Full Article →Zebec Network acquires Gatenox to integrate native KYC, KYB, and AML into its payment infra
The acquisition of Gatenox by Zebec Network aims to enhance regulatory compliance capabilities within its payment system, potentially increasing user trust and expanding market opp...
Read Full Article →Coinbase data scandal sparks calls to scrap KYC
The exposure of personal information for tens of thousands of users has raised concerns about the potential risks and costs associated with maintaining current identity verificatio...
Read Full Article →Does Crypto Have a KYC Problem? Coinbase Hack, Solana Founder Doxxing Reopen Debate
Recent security incidents involving prominent cryptocurrency figures have intensified discussions about whether current identity verification measures adequately balance user prote...
Read Full Article →Coinbase teams up with Toronto FC for crypto push despite KYC data breach
Coinbase’s collaboration with Toronto FC highlights its strategic investment in the Canadian market, aiming to boost brand visibility and user engagement despite challenges related...
Read Full Article →Crypto rally stalls, BTC Vegas today, Circle files for IPO
Circle’s recent move to go public through an IPO, coupled with institutional acquisitions and regulatory developments, marks a significant moment influencing market dynamics and in...
Read Full Article →What is a cryptocurrency mixer and how does it work?
Cryptocurrency mixers significantly impact financial transparency by obscuring the origin and flow of digital assets, which can complicate regulatory compliance and hinder efforts...
Read Full Article →Migos Instagram account hacked in apparent blackmail bid on Solana co-founder
The hacking incident raises concerns about the exposure of sensitive personal data, which could potentially lead to significant financial losses and undermine trust within the cryp...
Read Full Article →UK wants more crypto user data just as trust in KYC takes new hit
The United Kingdom’s introduction of stricter regulations for cryptocurrency platforms highlights concerns about balancing enhanced data collection with the potential risks to user...
Read Full Article →Coinbase breach hit almost 70k users — Attorneys
The breach resulted in substantial financial damage for Coinbase, leading to significant investor losses, multiple lawsuits, and increased regulatory scrutiny due to delayed breach...
Read Full Article →Why crypto transfers can fail and what you must check before sending
Crypto transfer failures can lead to irreversible financial losses, making careful verification of addresses, networks, fees, and wallet compatibility essential to protect funds an...
Read Full Article →South Korea mandates stricter crypto AML, KYC for upcoming institutional ban lift
The new regulations enabling certain entities to trade cryptocurrencies may boost market liquidity and attract greater institutional participation, potentially influencing South Ko...
Read Full Article →Robinhood proposes SEC rules for tokenized real-world assets
Robinhood’s initiative to harmonize regulations and implement advanced technology for tokenized assets aims to reduce transaction costs and settlement times, potentially enhancing...
Read Full Article →Community sales are the future of crypto fundraising
Incorporating broad-based fundraising methods that engage a diverse investor community can improve project stability, enhance market confidence, and foster long-term commitment wit...
Read Full Article →Apple KYC glitch on Bybit draws swift executive response to recover $100K
Bybit’s swift intervention to resolve a verification error involving an Apple ID helped restore access to approximately $100,000, underscoring the importance of prompt responses to...
Read Full Article →Coinbase sued in Illinois over biometric data practices tied to KYC checks
The lawsuit against Coinbase could result in substantial legal expenses and potential compensation payouts, impacting the company's financial stability and investor confidence amid...
Read Full Article →Coinbase’s x402: Crypto payments over HTTP for AI and APIs
Coinbase’s x402 protocol enables instantaneous, programmable stablecoin payments directly within web communications, facilitating seamless microtransactions crucial for AI-driven s...
Read Full Article →Crypto swapper eXch shows signs of life after post-Bybit shutdown
Despite official shutdowns and asset seizures, the crypto swapping platform’s covert continuation highlights persistent challenges in tracing illicit flows and enforcing cross-bord...
Read Full Article →FTX EU creditors can now withdraw money from Backpack exchange
Former users of the insolvent crypto platform in the EU can now recover their euro assets through Backpack by completing identity verification, enabling access to redistributed fun...
Read Full Article →Can you stake Bitcoin (BTC)? Here’s what you need to know
Bitcoin holders can generate passive returns by utilizing third-party platforms and layer-2 protocols that enable lending or token-locking strategies, though these methods come wit...
Read Full Article →TapSwap on Telegram: Is it legit or a scam?
TapSwap’s integration within Telegram, combined with its rapidly growing user base and upcoming expansion into skill-based gaming and token staking, positions it as a potentially i...
Read Full Article →Is Pi Network dead? What really went wrong behind the hype
Despite early enthusiasm, the project's delayed launch, limited token accessibility, and steep price decline have diminished investor confidence and hindered its potential influenc...
Read Full Article →What is Tornado Cash, and why did it get into trouble?
The lifting of sanctions on Tornado Cash restores access to its privacy-focused protocol, highlighting ongoing challenges in balancing user confidentiality with regulatory efforts...
Read Full Article →What bankers, CPAs and CFOs need to know about blockchain
Blockchain technology is gradually reshaping financial processes by enabling faster transaction settlements, enhancing transparency in record-keeping, and reducing costs, though wi...
Read Full Article →Is the Paws Telegram mini app legit? What you need to know
The migration to Solana and introduction of the PAWS token have enabled widespread user adoption and diversified monetization opportunities, positioning the platform for potential...
Read Full Article →How cybercriminals are exploiting digital twins to scam crypto users
The misuse of digital twin technology in cryptocurrency fraud has caused significant financial losses by enabling cybercriminals to create convincing fake identities and manipulate...
Read Full Article →What is a sealed-bid token launch?
Sealed-bid token launches represent an innovative fundraising model in cryptocurrency, fostering equitable access, reducing manipulation risks, and enabling price discovery, despit...
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