The CEO of Telegram, Pavel Durov, has recently been released from prison after being placed under judicial supervision with specific conditions. One of these conditions includes the requirement to pay a €5 million bond. Additionally, Durov is not allowed to leave the French territory and must report to the police station twice a week as
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In a recent development, the Singapore-based cryptocurrency exchange Crypto.com has joined forces with Standard Chartered, a prominent multinational banking institution. The partnership aims to provide fiat services to retail users globally. According to a press release received by CryptoPotato, Standard Chartered will offer banking and payment solutions to facilitate the deposits and withdrawals of the
The mobile game NFL Rivals has recently announced a new partnership with the Kansas City Chiefs, the reigning champions of Super Bowl LVIII. This collaboration designates NFL Rivals as the “Official Mobile Game of the Chiefs” for the upcoming NFL season in 2024. This exciting partnership is set to provide fans with a range of
The recent Wells notice issued by the U.S. SEC to OpenSea has stirred up conversations about digital-asset regulation. The SEC claims that some NFTs traded on the platform may be considered unregistered securities, potentially implicating OpenSea as a platform in violation of securities laws. This raises questions about whether the SEC is overstepping its jurisdiction
Japan, under the leadership of Prime Minister Fumio Kishida, is making bold moves to support and nurture the growth of startups in the Web3 and blockchain sectors. The recent announcement of tax reforms by Takeru Saito, Japan’s Minister of Economy, Trade, and Industry, further solidifies Japan’s commitment to fostering a favorable environment for innovation. The
Former FTX executive Ryan Salame has recently decided to withdraw his petition to dismiss the indictment against Michelle Bond. This decision comes just days before a critical court hearing, creating significant speculation about the motives behind it. Salame’s legal team informed Judge Lewis A. Kaplan of the Southern District of New York that the petition
Congressman Wiley Nickel (D-NC) recently took to social media to express his strong criticism of the US Securities and Exchange Commission (SEC). He accused the agency of undermining trust in the regulatory system by employing a “regulation by enforcement” approach. Nickel labeled the SEC’s strategy as a “blatant abuse of power” that could potentially hinder
Recent findings by TRM Labs have shed light on the concerning trend of illicit activity at crypto ATMs. According to their report, the proportion of illicit transactions at these machines is significantly higher than in the broader crypto industry. This disparity is attributed to the lack of stringent Know Your Customer (KYC) and Anti-Money Laundering
Meet Opeyemi, a writer deeply immersed in the world of cryptocurrency. While this may not have been his initial choice of expertise, he has found himself captivated by the intricacies of blockchain technology for over two years now. Opeyemi prides himself on creating informative content that demystifies the complexities of the digital asset industry and
The recent increase in demand for Bitcoin (BTC) in the United States, spurred by Federal Reserve chair Jerome Powell’s comments at the Jackson Hole symposium, has sparked interest in the cryptocurrency. Despite this surge in demand, the overall growth trend for Bitcoin has been relatively low and even negative in recent weeks. It is important