‘Worldcoin’: eyes on the new crypto in Asia
In July 2023, OpenAI's CEO Sam Altman launched a new cryptocurrency named "Worldcoin" after three years of development. With the company introducing widely-known artificial intelligence-assisted products, such as ChatGPT, the crypto has seen significant growth since the official launch, priced
Spot bitcoin ETFs to start trading in big boost to crypto industry
By Manya Saini and Niket Nishant (Reuters) - Several exchange-traded funds (ETFs) tied to the spot price of bitcoin will start trading in the U.S. on Thursday before the bell in a landmark moment for the cryptocurrency industry that has been
Analysis: Spot bitcoin ETFs may face uphill battle to widen token’s appeal
By Suzanne McGee (Reuters) - Crypto enthusiasts hailed the approval of U.S. bitcoin exchange-traded funds as the birth of a new asset class, but broadening acceptance of the famously turbulent cryptocurrency beyond its true believers could prove challenging. A decade in the
Bitcoin climbs above $45,000 for first time since April 2022
By Ankur Banerjee and Summer Zhen SINGAPORE (Reuters) - Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022 as the world's biggest cryptocurrency started the New Year with a bang buoyed by optimism around possible approval of
Judge sides with US SEC, says Terraform Labs crypto founder Do Kwon violated law
By Jonathan Stempel NEW YORK (Reuters) - A federal judge ruled on Thursday that cryptocurrency entrepreneur Do Kwon and his company Terraform Labs violated U.S. law by failing to register two digital currencies that collapsed in 2022. U.S. District Judge Jed Rakoff
S. Korea regulator to take innovation more into account on crypto regulations
By Jihoon Lee SEOUL (Reuters) - South Korea's vice financial regulator chief said on Thursday that authorities would take innovation more into account in the next stage of regulating cryptocurrencies. Regulations need to have a balance between investor protection and technological innovation,
AU10TIX Q3 global identity fraud report uncovers 56% surge in payment sector, correlated with unprecedented decline in crypto
AU10TIX, a global technology leader in identity verification and management, today released its Q3 2023 Global Identity Fraud Report. Drawing insights from millions of transactions processed across 249 countries from July to September 2023, the report uncovers significant trends in the
US SEC sues Kraken crypto exchange over failure to register
By Jonathan Stempel (Reuters) - Kraken, one of the world's largest cryptocurrency exchanges, was sued on Monday by the U.S. Securities and Exchange Commission, which accused it of illegally operating as a securities exchange without first registering with the regulator. The lawsuit
Factbox -The other crypto bosses in US authorities’ crosshairs
By Niket Nishant and Hannah Lang WASHINGTON (Reuters) - Onetime crypto poster child Sam Bankman-Fried was on Thursday found guilty of defrauding customers of his now-bankrupt crypto exchange FTX, in a high-profile criminal case that rocked the industry. But he's not the