Author: Yeek.io

Taiwan is intensifying its regulatory efforts to address crypto fraud and safeguard investor interests with a series of strict anti-money laundering (AML) measures. The Financial Supervisory Commission (FSC) has advanced the implementation date for these new rules to November 30, 2024, amid growing concerns over illegal activities such as fraud and money laundering. The move also positions Taiwan as a leader in crypto oversight, signalling its readiness to embrace the expanding digital asset market as Bitcoin edges closer to the $100,000 mark. This accelerated regulatory push places Taiwan among countries like the UK, India, and Singapore, which are also bolstering…

Source FXEmpire The XRP market has seen a dramatic surge, climbing 29% over the past seven days to reach $1.47, driven by a wave of positive developments. With projections suggesting XRP could hit $40 within three months, this signals a massive 28x leap from its current price. Could this be the breakout moment for altcoins in the 2024 bull run? Here’s a deep dive into what’s fueling XRP’s meteoric rise and how this could impact Bitcoin signals, crypto alerts, and the broader market. In early 2017 we saw the first big #XRP explosion. If the charts repeats, the price targets…

Este artículo también está disponible en español. Ethereum is finally seeing a notable rebound in its price as the second-largest cryptocurrency by market capitalization, which continues to break through significant resistance levels. Following its upward trajectory, seeing a nearly 10% increase in the past week, discussions about Ethereum potentially reaching a new all-time high by the year’s end have gained momentum. Notably, aligning with the ongoing ETH rally is renewed interest in Ethereum futures, with market metrics pointing to a bullish sentiment among traders. Related Reading More Room For Growth? A CryptoQuant analyst known as ShayanBTC recently shared insights into the ongoing rally in…

Web3 anime-themed project Azuki has partnered with Aniplex, a subsidiary of Sony Music Japan and a leading producer of anime content.This partnership aims to expand the reach of the popular Fate franchise through Anime.com, starting with limited-edition Fate/strange Fake digital collectibles.The first release, which is a series of four limited-edition digital sticker sets, will be available starting November 23. Source: AzukiWhat is Aniplex?Aniplex, founded in 1995, is an entertainment company that produces, licenses, and distributes anime, films, games, and merchandise. It is best known for its role in producing popular anime franchises such as Demon Slayer, Sword Art Online, and…

Homepage > News > Business > SEC bags $8.2B in fines in 2024, over half from Terraform The United States Securities and Exchange Commission (SEC) hit a new record for penalties and fines from its enforcement actions in the fiscal year 2024, largely thanks to a substantial settlement in its case against Terraform Labs. In its November 22 annual report, the agency announced that it had obtained orders for $8.2 billion in financial remedies for the year ending September 30, “the highest amount in SEC history.” The $8.2 billion consisted of $6.1 billion in disgorgement—the return of ill-gotten gains to those…

Sometimes I get obsessed about certain topics to the point where I can’t stop reading about them and every adjacent topic required to understand that topic. The Japanese Yen has been the beneficiary of my passionate love for the past few months. Ask any of my friends and they’ll tell you how annoying I can be about it if you trigger me about it. Rather than re-explaining it all multiple times I thought why not just write an article to consolidate my knowledge into one blog post. This is that post.I am not a macro-economics expert — far from it.…

contributor Posted: November 29, 2024 WIF was approaching a key support level after its 35% correction from its recent all-time high. Metrics signaled a potential price reversal. Dogwifhat [WIF]  saw a massive 35.95% decline from its recent all-time high, dropping to its current trading price of $3.0673 at press time. This sharp pullback has formed what appears to be a bullish flag pattern on the daily chart. Source: Tradingview What do these bullish flag patterns imply? Historically, bullish flag patterns are continuation patterns. This suggests the prior WIF bullish run will likely resume after the correction phase is completed. The…

Quick take: Cyber Fund and Kraken Ventures co-led the pre-seed round, while SevenX Ventures led the seed round. The pre-seed closed at a valuation of $20 million, while the seed round values the protocol at $40 million. Other investors in the rounds include Semantic Ventures, Figment Capital and Robot Ventures, with Anthony Sassano and Sandeep Nailwal joining as angel investors. Valantis, a modular DEX  protocol that provides a modular framework for developers to build DEXes using composable modules has raised $7.5 million across two rounds. The company revealed it raised $3.5 million in April in a pre-seed round led by…

Crypto is fueling a rise in complex money laundering schemes in 2024, the Eurasian Group on Combating Money Laundering warns in its latest report. Money laundering schemes increasingly rely on crypto and multi-layered methods in 2024, highlight the growing complexity of illicit financial flows, Russia‘s state-run news agency reports, citing a recent report from the Eurasian Group on Combating Money Laundering. The report, which covers risks related to money laundering and terrorism financing, underscored the involvement of professional money launderers who are utilizing cryptocurrencies, fake identities — known in Eurasia as “droppers” — and even cash in these operations. The…

What Are Carbon Credits?In simple terms, carbon credits are basically a license to emit one ton of carbon dioxide or its equivalent quantity of any other greenhouse gases. Organizations purchase these to offset their emissions, typically investing in projects related to reforestation or renewable energy. While the system supports sustainability, fraud, inaccessibility, and tracking problems have long affected it.In particular, blockchain technology is making the carbon credit system more efficient, more transparent, and more reliable. Innovation here is called Carbon Credit Tokenization; it renews the carbon credit ecosystem and is going to facilitate more intensive use of Green Finance and…