Kraken secures money license registrations in Spain and Ireland


The move follows the crypto exchange’s successful VASP registration in Italy. Cryptocurrency exchange Kraken has received an Electronic Money Institution (EMI) from the Central Bank of Ireland and registration as a virtual asset service provider (VASP) from the Bank of Spain.According to the Sept. 26 announcement, the EMI license enables Kraken to expand euro-to-crypto trading

What are Bollinger Bands, and how to use them in crypto trading?


Bollinger Bands are volatility indicators utilizing price bands. Traders buy near the lower band and sell near the upper band. A technical analysis tool called Bollinger Bands uses price volatility to provide probable entry and exit opportunities in trading. They are made up of two outer bands or lines and a centerline (the simple moving

Discord crypto trading bot shuts down after ‘critical exploit’


The bot was valued at $16.5 million during its token debut last month. None Trading, a trading tool for cryptocurrencies and nonfungible tokens built on Discord, has shut down due to a “critical exploit” within its infrastructure.According to the September 20 announcement, None Trading developers said that it has “lost a significant amount of funding”

How low can the Bitcoin price go?


BTC price can see lower prices in the coming months, based on three bearish technical setups currently in play. Bitcoin (BTC) price continues to tread at depressed levels in what has become one of the crypto market’s quietest periods in history. Meanwhile, several technical and fractal setups suggest that the BTC/USD pair could drop to as

Web3 Gamer: PUBG devs’ Web3 project, Animoca’s $20M raise, Shardbound review


The company behind PUBG announces a new Web3 platform, monetization in Web3 and more. PUBG meets CosmosKrafton, the company behind PlayerUnknowns Battlegrounds (PUBG), is venturing into Web3 with Settlus, a Cosmos-based blockchain project specifically designed for the creator economy. Settlus aims to provide content creators with a payment platform that streamlines transparent settlement processes.The South

Thai authorities arrest five in 3,200-victim, $27M crypto scam


Victims lost over $27 million worth of Thai bhat after investing in a fraudulent cryptocurrency investment platform. Authorities in Thailand arrested five foreign nationals linked with a fraudulent cryptocurrency investment platform that fleeced over $27 million from local investors.According to an initial report from the Bangkok Post, Thailand’s Cyber Crime Investigation (CCIB) Bureau arrested four

Security platforms warn about hidden phishing and wallet drainer links


Cybersecurity professional Christian Seifert gave an example on how Discord’s measure against malicious links can be abused by scammers. With millions of dollars worth of assets being lost to phishing attacks after signing malicious permissions, the threat of losing crypto assets from questionable links is very real. When these are paired with platforms allowing hidden

Vitalik Buterin on fix for Ethereum centralization — make running nodes easier


Ethereum co-founder Vitalik Buterin says node centralization is one of Ethereum’s main challenges, but the perfect solution may not come for another 20 years. The centralization of nodes is one of the biggest problems facing the Ethereum network and should be addressed by making the running of nodes cheaper and easier, according to Ethereum co-founder

EOS secures regulatory approval in Japan, will trade against yen


The EOS Network Foundation announced that the EOS token will start trading on the Japanese exchange BitTrade in September. The EOS token has been granted whitelist approval by Japan’s crypto regulator, paving the way for the token to be traded against the Japanese yen on regulated exchanges in the country. In an announcement sent to Cointelegraph, the

FTX suspends user accounts amid Kroll cyber breach concerns


FTX took the decision as a proactive measure to prevent any potential future incidents or additional harm following the recent hack. Following the recent Kroll cybersecurity breach, bankrupt crypto exchange FTX has temporarily suspended accounts of impacted users accessing its claims portal.FTX’s decision which was posted on X (formerly known as Twitter) was undertaken as

Naver Corp unveils South Korea’s answer to ChatGPT and generative AI


South Korean internet giant Naver Corp. has released CLOVA X, a Korean language chatbot similar to ChatGPT that can have conversations and summarize text. South Korean tech company Naver Corp has unveiled its answer to OpenAI’s ChatGPT — named CLOVA X — its newest generative AI chatbot, which is aimed at Korean-language users. On Aug. 24

China proposes to bring its social credit system to the metaverse: Report


Proposals to a United Nations group reportedly show China wants digital IDs and real-world punishments for actions that occur in the Metaverse. China is reportedly looking to implement a system akin to its social credit system in the metaverse and other online virtual worlds.POLITICO reported on Aug. 20 that state-owned telco China Mobile hasproposed a

Cypher Protocol reveals $600K of stolen funds is now frozen on CEXs


Solana-based Cypher Protocol has managed to stop around $600,000 of stolen funds from exiting various centralized exchanges. Solana-based decentralized futures exchange Cypher Protocol has managed to freeze $600,000 worth of crypto stolen from an Aug. 7 security exploit.In an X (Twitter) post on Aug. 18, Cypher Protocol reported that more than half of the funds

Base project RocketSwap shares emergency plan following $865K exploit


RocketSwap Labs plans on reaching out to the exploiter on-chain, who stole an estimated $865,000 from the protocol on Aug. 14. Base project RocketSwap Labs has outlined its emergency programme to bounce back from a brute force hack which swiped $865,000 or 471 Ether (ETH) from the protocol on Aug. 14.The team explained on Aug.

Senator Lummis files Amicus Brief supporting Coinbase’s dismissal motion against SEC


Senator Lummis argued that the SEC is attempting to “circumvent the political process” by establishing itself as the main authority on crypto. Crypto-friendly Senator Cynthia Lummis has filed an Amicus Brief supporting Coinbase’s motion to dismiss the U.S. Securities and Exchange Commission’s lawsuit against the firm. An Amicus Brief is a document filed in court

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