The fintech giant Block is currently facing intense scrutiny from federal prosecutors in the Southern District of New York due to allegations of significant compliance failures within its main business units, including Square and Cash App. This investigation comes after a former employee came forward with details of numerous lapses in the company’s transaction monitoring
0 Comments
In a surprising turn of events, Bitcoin has broken below the $60,000 support level for the first time in two months. This comes after a period of euphoria that was fueled by the launch of Spot Bitcoin ETFs in the US market earlier this year. The current consolidation of Bitcoin’s price indicates that the euphoria
0 Comments
In a recent statement, former Binance CEO Changpeng Zhao emphasized the significance of compliance in the crypto industry. This comes after Zhao was sentenced to four months in prison for violating US compliance regulations. Despite his conviction, Zhao highlighted the importance of adhering to regulations in the industry, stating that “compliance is super important.” He
0 Comments
The recent announcement from Animoca Brands regarding their entry into the Bitcoin ecosystem through the Opal Protocol has sparked excitement within the blockchain community. By partnering with Darewise, a metaverse technology platform, the goal is to create a vast Web3 ecosystem that encompasses various domains such as gaming, entertainment, DeFi, education, and culture. This move
0 Comments
The collaboration between the AnimeCoin Foundation and the Azuki NFT collection has brought forth an innovative web-based game known as Gacha Grab. Drawing inspiration from the famous Japanese gachapon toy vending machines, this virtual slot machine offers players the opportunity to spin and win various prizes while also accumulating points and collectibles. Unlike other online
0 Comments