CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

“Today, that’s even more true, because even in 2022 to be intellectually honest, we were in the early stage of setting up what the ParaFi of today looks like. Which he noted was an example of “how, despite certain strategies underperforming, because we have a platform of strategies, we’re able to mute the volatility and the cycles that the market gives you because we’re diversified. They were arrested on Tuesday and are expected to make their initial appearances in New York and Boston federal courts on Wednesday.

From April and June of last year, Peraire-Buenos are accused of laundering their money through shell companies. Prosecutors said the duo even rejected repeated requests from a victim, the victim’s attorney and an Ethereum representative to return the cryptocurrency. Anton and James Peraire-Bueno were charged with wire fraud and conspiracy to commit money laundering.

Global Blockchain and Crypto Ecosystem gather in Dubai on opening day of Future Blockchain Summit

Investigators accused them of spending months plotting their theft within the Ethereum blockchain, baiting their victims and establishing shell companies to hide their illicit profits. The crypto exchange joins a number of crypto payment providers enabling customers to pay with crypto.

The report states that the decision to remove the piece from the site came from Bullish, which acquired the publication from Digital Currency Group in 2023 for roughly $75 million. CoinDesk won a George Polk Award for its reporting on crypto currency FTX exchange, which resulted in the company’s bankruptcy and the arrest of its founder, Sam Bankman-Fried. Blockchain billionaire and art collector Justin Sun made global headlines in November after shelling out $6.2 million at Sotheby’s for Maurizio Cattelan’s Comedian (2019), his infamous banana duct-taped to a wall. Explore future marketing tech at MENA’s only marketing + creative technology trade show. Connecting global fintech leaders to explore groundbreaking tech-driven opportunities in finance.

Aave protocol developer secures $31 million for Lens, a high-performance blockchain for consumer apps

Crypto.news is a leading name in the cryptocurrency news space, providing the latest and most relevant updates on Bitcoin, Ethereum, and Ripple ecosystems. Setting the industry standard in journalism, crypto.news covers a wide array of topics ranging from Bitcoin, Ethereum, altcoins, regulations, NFTs, DeFi, Metaverse, and blockchain technology. Our reporters and technical analysts are always striving to not only be the earliest but also the most accurate to offer the latest developments in the crypto industry to our readers across the globe as we keep a close eye on all the price action in the industry, including Bitcoin price and Ethereum price. Crypto.news also offers an opportunity to earn free Bitcoin through a range of Bitcoin faucets. To stay updated with the latest in Bitcoin News, Ethereum News, Ripple News, and all other developments in the digital assets industry, follow crypto.news. Dubai stands out for its dynamic and forward-thinking approach to digital assets.

Lens is defining a handful of “social primitives” as the core characteristics of the protocol, namely accounts, usernames, graphs, feeds, and groups. Each user account can create multiple usernames (across multiple apps) and start following other users to build multiple graphs. Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad. It has become clear that the UAE is in a leading position to benefit from the next phase of growth of the digital asset industry. With a decentralized social app, “that basically turns the model upside down where the users are more important, and they have more power than the platform itself,” Kulechov added. It could potentially lead to more transparent revenue-sharing contracts with better rewards for creators.

For ParaFi, this next cycle is going to be focused on growing the existing businesses. With over $1 billion in assets under management, Yedid-Botton says ParaFi plans to do over 5x that in the next few years. Washington — A pair of brothers from New York and Boston were taken into federal custody Tuesday, accused by prosecutors of devising a novel criminal scheme to steal about $25 million in cryptocurrency from a commonly used blockchain, according to a newly unsealed indictment. A golden opportunity now awaits UAE regulatory authorities to now establish a harmonized layer across all the Emirates, ensuring consistency, collaboration and passporting among local authorities and the federal regulatory body thecoinradar.com — the UAE’s Securities and Commodities Authority. This will lead to its long-term competitive edge and place further daylight between its offering and others aspiring to truly build the financial hub of the future. Welcome to your premier source for the latest in AI, cryptocurrency, blockchain, and AI search tools—driving tomorrow’s innovations today.

This shift aims to enhance comparability with U.S. and international peers and align financial reporting with the expectations of U.S.-based investors and capital markets. Another area ADGM is innovating is in the regulation of digital asset exchanges through its regulation for multi-lateral trading facilities, granting licenses to MidChains, M2, Matrix and others operating in the region. Lens plans to launch the mainnet of Lens v3 at some point during the first quarter of 2025. It’s going to be interesting to see if this protocol upgrade moves the needle when it comes to decentralized social networks — the existing ones remain niche networks for now.

Over the past two years the region, and individual Emirates – with Abu Dhabi and Dubai driving most change – has supercharged its regulatory efforts to attract a global set of businesses focusing on digital assets, bringing significant talent, investment, and positive exposure to the region. In many areas, the FSRA has extended existing regulatory frameworks for traditional financial products to include digital assets. One example is custody, whereby the FSRA has taken a similar approach to that of other custodial activities permitted within ADGM to ensure the same protection offered to “traditional” custodians. The regulator has thus widened the scope of definitions for providing custody, client assets and client investments to include a definition for digital assets, which includes virtual assets, digital securities, stablecoins and derivatives/funds, as per a recently published brochure. Bradley Keoun is CoinDesk’s managing editor of tech & protocols, where he oversees a team of reporters covering blockchain technology, and previously ran the global crypto markets team. A two-time Loeb Awards finalist, he previously was chief global finance and economic correspondent for TheStreet and before that worked as an editor and reporter for Bloomberg News in New York and Mexico City, reporting on Wall Street, emerging markets and the energy industry.

The establishment of the Dubai International Financial Centre as a tax- free zone with 100% foreign ownership has been a financial services magnet for more than a decade, and digital asset businesses have followed. DIFC’s independent regulatory authority, the Dubai Financial Services Authority, has been proactive in developing a regulatory framework that balances risk with innovation. Recently, DIFC approved Toncoin TON and Ripple XRP to its recognized list of tokens, joining Bitcoin BTC , Ether ETH , and Litecoin LTC allowed to be managed by financial institutions within DIFC and continues to constructively engage with industry participants to further enhance the Digital Assets Law. Whilst historically buoyed by oil reserves, in recent years the United Arab Emirates has gone through a strategic shift towards diversification, with technology and finance at the forefront. Recognizing the potential of digital assets, the UAE government has been proactive in creating a regulatory environment that is both robust and flexible.

Justin Sun Vows to Buy 100,000 Bananas From Vendor Who Sold 25-Cent Banana Used for $6.2 M. ‘Comedian’

James Peraire-Bueno is listed as a 2021 graduate of the Massachusetts Institute of Technology, and the MIT Registrar’s Office confirmed that Anton Peraire-Bueno earned a B.S. In computer science and engineering in February 2024, and James Peraire-Bueno earned a B.S. In mathematics, computer science and aerospace engineering in June 2019, as well as a M.S. The most interesting feature is that developers can create a set of rules to allow or restrict access to feeds (and individual posts within feeds). For instance, you could organize an event and give an NFT to every event-goer. “So this allows us to create transactions that are much more affordable than existing rollups.

Finally, at the federal level, the UAE Cabinet has issued a decision which brings into force a new regulation for virtual assets and virtual asset service providers, adding another layer of oversight to its virtual asset sector. The new regulation came into effect on January 15 and is forming the UAE’s primary supervisory regime for virtual assets designed to both protect investors and supervise the industry. Following a long bear-market cycle, digital assets are (once) again gaining momentum, driven by increased institutional participation, regulatory clarity, and a challenging macroeconomic environment.