“As its business grew, Robinhood Crypto failed to invest the proper resources and attention to develop and maintain a culture of compliance,” said superintendent Adrienne Harris. The New York Department of Financial Services, or NYDFS, has announced a $30 million penalty on Robinhood’s cryptocurrency arm for alleged violations related to anti-money laundering, cybersecurity and consumer...Continue Reading

Crypto experts on The Rock of Gibraltar shed light on the crypto-friendly jurisdiction; it could explain why Binance is now recruiting on the British Overseas Territory. Gibraltar’s 6.8km2 territory houses 35,000 people and several large international crypto companies. The British Overseas Territory of Gibraltar, ruled by the United Kingdom and an important gateway to Europe,...Continue Reading

The integration allows institutional-grade users to mint and manage their tokens along with managing their conventional cryptocurrency portfolios. Enterprise cryptocurrency custody firm Fireblocks is set to offer token minting services through a new integration with Ethereum- and Polygon-friendly platform Tokeny. The new feature allows businesses and retail customers to mint and manage permissioned tokens, digital...Continue Reading

A Waves proposal that aims to solve the liquidity problem of Vires.Finance has passed after gaining the support of its community. The Waves (WAVES) community has supported a governance proposal to revive the decentralized finance (DeFi) lending protocol Vires.Finance after its liquidity crisis. The vote aims to stabilize the project and compensate the users who...Continue Reading

The partnership will allow Wirex community members to swap their tokens through an API provided by 1inch Network. Non-custodial wallet platform Wirex has partnered with 1inch Network to use its aggregation API to power token swaps. Through the partnership, users of the Wirex wallet will be able to exchange tokens within the wallet.  In an...Continue Reading

Investors are said to be flocking to cold storage for their cryptocurrency as liquidity concerns plague the industry recently. Having raised a mammoth $380 million funding at a $1.5 billion valuation in June, French cryptocurrency hardware wallet maker Ledger is looking to raise an extra $100 million, according to a Monday report from Bloomberg. In...Continue Reading

Blockchain.com is working to seek registrations in countries like Italy, France, Spain, The Netherlands and cities like Dubai. Blockchain.com, one of the oldest Bitcoin (BTC) infrastructure firms, is strengthening regulation and compliance efforts by securing registration in the Cayman Islands. The blockchain wallet and cryptocurrency exchange platform Blockchain.com is expanding operations in the Cayman Islands...Continue Reading

New amendments recently signed by the country’s president could bolster the energy grid refit while keeping overall prices relatively moderate. On July 11, the President of Kazakhstan, Kassym-Jomart Tokayev, signed new tax rates for crypto mining operators into law. While these amendments reflect the country’s growing frustration with the undertaxed and non-transparent usage of the...Continue Reading

Google cloud-computing AI recreated Bored Ape Yacht Club NFTs into machine-made paintings. Google Cloud Neural Networks worked with its artificial intelligence (AI) software to make art. Not just any art — nonfungible token (NFT) art.  The AI transformed all 10,000 Bored Ape Yacht Club NFTs into machine-made works of art. These pieces of art take...Continue Reading

The 200-week moving average is just one of a series of lines in the sand for Bitcoiners to keep their eye on this week. Bitcoin (BTC) is pressuring newly-won support levels this week as geopolitical uncertainty raises the stakes for risk assets. After an impressive monthly close, momentum appears to be waning for Bitcoin’s latest...Continue Reading