BRICS Nations Unite to Ditch Dollar: Major Integration of National Payment Systems Underway
According to reports, India and Russia, two of the most powerful members of the BRICS group, are currently in talks to merge their payment systems. The motivation behind this move is a mutual desire to overcome the financial limitations affecting Moscow. The Economic Times has stated that S Jaishankar, India’s External Affairs Minister, and Denis Manturov, Russia’s Deputy Prime Minister, …
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Gemini and Coinbase Launch Offshore Crypto Derivative Platform
The two most popular crypto exchanges in the world, Gemini and Coinbase have finally announced the launch of their offshore crypto derivative platforms. However, these platforms are not available to the citizens of the United States because of the recent disputes of various exchanges most particularly Coinbase’s with the US regulator. Gemini Foundation Goes Live Gemini announced yesterday that their …
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Google Ads Reveals Shocking Data: Cybercriminals Steal $4 Million Through Sophisticated Crypto Phishing URLs
According to data gathered from Google Ads and blockchain analytics, it has come to light that a number of deceitful scammers have managed to steal more than $4 million from phishing websites related to cryptocurrency that were promoted on Google ads searches. Fishing Scam Reports According to ScamSniffer, a reputable anti-scam service provider in the Web3 community, there has been …
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What is a Crypto Wallet and How Does It Work?
In recent years, the world of cryptocurrency has exploded in popularity, and with it has come the need for secure storage solutions. Enter the crypto wallet – a tool designed to keep your digital assets safe and accessible. But what exactly is a crypto wallet, and how does it work? In this article, we will explore the ins and outs …
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FTX Agrees to Sell its Derivatives Platform LedgerX for $50M
Bankrupt crypto exchange FTX on Tuesday agreed to sell its crypto derivative platform LedgerX to an affiliate of Miami International Holdings INC at a whopping cost of $50M. John Ray, CEO of FTX said that this is their effort to maximize the recovery of their stakeholders by monetising their assets. Hearing on 4th of May The hearing for this matter …
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Coinbase to Face Court Battles with U.S SEC: CEO
Coinbase is ready to fight a legal battle with the Securities and Exchange Commission of the United States. CEO of Coinbase, Brian Armstrong told about this in an interview with CNBC on April 18th. Last month, the regulators sent Coinbase a Wells notice, which is often the last step before any charges are filed by the regulators. Armstrong said that …
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Altcoins and Privacy: Privacy Coins and Their Role in Protecting User Data
The world of cryptocurrency is growing, with new cryptocurrencies emerging every day. One of the primary concerns among cryptocurrency users is privacy. Bitcoin, the most popular cryptocurrency, is not entirely anonymous. Every transaction is recorded on a public blockchain, and anyone can view these transactions. Privacy coins have emerged to address this concern. In this article, we will discuss what …
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Ethereum’s Latest Upgrade ‘Shapella’ Goes Live, Boosting ETH Price
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summy Morphe
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April 13, 2023
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Crypto, Ethereum, News
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0 Comments
The much-awaited Ethereum upgrade ‘Shapella’ goes live, bringing a range of new features to the blockchain network. The upgrade was implemented on April 13, 2023, at 22:42 UTC, and marks a significant milestone in Ethereum’s development. Shapella’s main goal is to improve Ethereum’s scalability and security, making it faster and more efficient to use. The upgrade will enable faster transaction …
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Metalpha and Grayscale to Offer Bitcoin Products in Hong Kong By Raising $100M
Metalpha, a Hong Kong-based cryptocurrency wealth manager has managed to secure $20M out of the proposed $100M from overseas investors in China. Metalpha is looking forward to investing in Bitcoin and other crypto platforms of Grayscale, a major crypto asset manager in the United States. Metalpha to partner with NextGen The upcoming investment project of Metalpha will be launched in …
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The Role of KYC and AML in Crypto Exchanges
KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations play a crucial role in ensuring the security and legitimacy of cryptocurrency transactions on exchanges. In this article, we’ll provide an overview of what KYC and AML are, how they work, and their importance in the world of crypto. What is KYC? KYC is the process of verifying the identity of …
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