Coinbase Sells User Bitcoin Holdings Due To Inactivity But There's A Catch coingape.com 25 July 2024 11:00, UTC A Chinese crypto investor’s experience with Coinbase has sparked heated discussions online. It sheds light on the risks and regulations associated with digital asset investments. The user, who shared their story on Xiaohongshu, detailed a tumultuous…
Palau Embraces Blockchain with RNS.ID Digital Residency on Solana cryptonewsland.com 25 July 2024 10:59, UTC Palau has partnered with RNS.ID to launch a digital residency program on the Solana blockchain, allowing individuals to extend their visas and access restricted crypto exchanges. The program has implemented a thorough vetting process for applicants, including anti-money laundering…
UK regulator fines Coinbase $4.5m over repeated services for ‘high-risk’ customers crypto.news + 1 more 25 July 2024 11:07, UTC The British financial regulator has fined crypto exchange Coinbase $4.5 million for “repeatedly breaching” a requirement that prevented it from serving “high-risk customers.” American cryptocurrency exchange Coinbase has been hit with a £3.5 million…
Grayscale Ethereum Trust Sheds $327 Million in a Day as ETFs See Mixed Flows decrypt.co 25 July 2024 10:53, UTC The much-anticipated launch of Ethereum spot ETFs has failed to ignite the market as expected, with Grayscale’s Ethereum Trust ETF bearing the brunt of investor skepticism. Wednesday saw a staggering $133 million net outflow…
Morpheus, Decentralized AI Project From Lumerin, Goes Live on Arbitrum Test Network coindesk.com 25 July 2024 10:51, UTC Lumerin, a protocol on the Arbitrum blockchain, announced that its new Morpheus project for decentralized AI computing will go live Friday on a public test network. The premise of the technology is to avoid pitfalls of…
Revolut Becomes a UK Bank, but What Does a 'Mobilisation' Stage Mean? financemagnates.com 25 July 2024 10:50, UTC Revolut, the largest fintech by valuation, has received a banking licence in its home country, the United Kingdom. However, the licence is currently in the ‘mobilisation’ stage, also referred to as ‘Authorisation with Restrictions’. The London-headquartered…
Investment Giant Franklin Templeton Names Five Things Within the Bitcoin Ecosystem To Keep an Eye On dailyhodl.com 25 July 2024 10:49, UTC The investment giant Franklin Templeton says it is actively monitoring five areas of the Bitcoin (BTC) ecosystem. The asset management firm says it is enthusiastic about Bitcoin developments following the approval of…
