Newsfeeds - Spark Newswire

2 minute read

UK Banks Tighten Access To Cryptoassets For Retail Customers

Today, 8:08 PM

Nationwide Building Society and HSBC Holdings plc (NYSE: HSBC) implemented new limits on retail customers’ access to cryptocurrency assets, following industry scandals and regulatory warnings.

$BNB

2 minute read

Binance Launches Bicasso To Turn Users Creativity Into NFTs

By Murtuza Merchant

Today, 8:08 PM

Cryptocurrency exchange Binance’s NFT marketplace launched on Wednesday a product called Bicasso, which uses artificial intelligence to turn users' prompts into NFTs. “You can turn your creative visions into NFTs with AI. Give it a try and show me what you make with it,” Binance CEO Changpeng Zhao tweeted.

$BNB

2 minute read

Four Founders Of Forsage Indicted For Running A $340M Ponzi Scheme

By Murtuza Merchant

Today, 8:08 PM

A federal grand jury in the District of Oregon has charged four founders of Forsage, a purportedly decentralized finance (DeFi) cryptocurrency investment platform, with running Ponzi and pyramid scheme that raised approximately $340 million from victim investors.

$BNB

2 minute read

Retail Investors Lost Half Of Bitcoin Investment: Why The Globe Should Coordinate Regulation

By Murtuza Merchant

Today, 8:08 PM

Major cryptocurrency debacles of 2022 caused a surge in retail crypto trading. However, large investors sold their assets at the expense of smaller investors who were attempting to diversify their assets during moments of crisis, according to new data from the Bank for International Settlements (BIS).

$BNB

2 minute read

Scammers Cash In On ChatGPT’s Popularity: Fake Binance, Ethereum Tokens Flooding Market

By Murtuza Merchant

Today, 8:08 PM

The rise of the ChatGPT artificial intelligence chatbot has created a buzz in the tech world, and scammers are trying to exploit this trend by issuing fake tokens that are branded with the ChatGPT name. These tokens have no official association with the actual tool, and the scammers are taking advantage of the hype to make a quick profit.

$BNB

2 minute read

Elizabeth Warren Pitches Again For Crypto Anti-Money Laundering Bill To Crack Down On ‘Big Time Financial Criminals’

By Mehab Qureshi

Today, 8:08 PM

At a Senate Banking Committee hearing on Tuesday, Sen. Elizabeth Warren (D-Mass.) joined forces with Sen. Roger Marshall (R-Kan.) to advocate for their bipartisan legislation to combat money laundering and other illicit financial activities using cryptocurrencies.

$BNB

1 minute read

Binance’s CZ Says ‘FUD Is Temporary’ As BNB Drops 8% On $2.8M Short-Sale

By Mehab Qureshi

Today, 8:08 PM

Binance CEO Changpeng Zhao reiterated that "FUD is temporary" on Monday evening after the New York Department of Financial Services issued an order requiring Paxos to

$BNB

1 minute read

Kim Jong Un’s North Korea Stole Record-High Crypto In 2022, Confidential UN Report Shows

By Mehab Qureshi

Today, 8:08 PM

North Korean hackers could have possibly stolen as much as $1 billion in cryptocurrencies last year, a record-breaking amount for the Hermit Kingdom led by dictator Kim Jong Un, according to a confidential UN report.

$BNB

1 minute read

Several Buyers Express Interest In Crypto Lender Hodlnaut, And Its FTX Claims

By Vandana Singh

Today, 8:08 PM

Several potential buyers have signaled interest in troubled crypto lender Hodlnaut Pte, including its claims against the bankrupt crypto exchange FTX. Hodlnaut's interim judicial managers have received multiple proposals to acquire its Singapore-based crypto business after the company sought protection from creditors.

$BNB

1 minute read

Binance’s CZ Raises Questions After a16z Downvotes Final Uniswap V3 Proposal

By Mehab Qureshi

Today, 8:08 PM

Venture capital firm Andreessen Horowitz (a16z) has voted against the final proposal to deploy Uniswap v3 on the BNB Chain using the Wormhole bridge, according to the Uniswap DAO forum.

$BNB