After a turbulent 2023 followed by a recovery in 2024, the global count of crypto-automated teller machines (ATMs) is inching closer to its former high of 39,958, achieved on Dec. 1, 2022. Crypto ATMs Prove Resilient in Post-Terra and FTX Era, Near Record Numbers The trajectory of crypto ATMs saw dramatic shifts following the Terra […]
A founder of the Web3 product studio argues that venture capital (VC) participation in token launch events has filled the gap left by the decline of initial coin offerings as a fundraising method. Crypto Ecosystem Reached Current State with Help from VCs and Whales According to Griff Green, venture capital (VC) participation in token launch […]
Ripple and Moonpay have made a joint donation of $ 50,000 worth of RLUSD, Ripple’s new stablecoin tied to the U.S. dollar, to the Los Angeles Fire Department Foundation (LAFDFoundation). This contribution aims to support first responders battling the devastating California wildfires. Ripple highlighted their commitment to evaluating additional ways to assist these critical …
Russian nationals face charges for allegedly using cryptocurrency mixers to launder proceeds from ransomware, wire fraud, and theft, obscuring illicit funds’ origins, the DOJ says. Russian Nationals Face DOJ Charges for Laundering Cryptocurrency Theft Proceeds The U.S. Department of Justice (DOJ) announced on Jan. 10 the indictment of three Russian nationals for operating cryptocurrency mixers […]
Cryptocurrency exchanges have argued that pension funds should be allowed to invest in crypto assets, enabling South Africans to benefit from the substantial growth in cryptocurrency value. South African Treasury Urged to Formulate Progress-Promoting Policies South African crypto exchanges have called on authorities to remove a prohibition barring pension funds from investing in crypto assets. […]