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Binance, the world’s largest cryptocurrency exchange, announced Thursday it has restored access to its full suite of Binance Earn products for qualifying UK Professional Users. This follows clarification in UK financial regulation, confirming that staking is exempt from being classed as a collective investment scheme, and a review of how exemptions under the Financial Promotions…

Dunamu, the operator of South Korea’s largest cryptocurrency exchange Upbit, has unveiled a new custody service aimed at corporate and institutional clients, as regulatory green lights for virtual asset investments spark growing demand for secure storage solutions. Key Takeaways: Upbit’s new custody service stores 100% of client assets in offline cold wallets. Institutional clients can…

In June, investment platform Robinhood made headlines with an announcement that it would be launching tokenized U.S. stocks and ETFs — including those of private companies like OpenAI and SpaceX — for its European customers. Since then, tokenized equities have been one of the hottest topics in crypto. The backlash Robinhood caught from OpenAI for…

On July 18, XRP broke through $3.65, breaking its 2018 all-time high of $3.40. After a pullback to $3.20, it rebounded 7%. Technicals remain strong, with the RSI above 50 and solid support at $3, indicating a dominant buying trend and a potential move towards $4 in the short term. However, savvy investors don’t just…

The FBI has issued an updated alert warning of fictitious law firms targeting crypto fraud victims with fraudulent recovery schemes, exploiting vulnerable populations, including the elderly, by impersonating legitimate lawyers and government entities. The sophisticated scams combine multiple exploitation tactics, offering false hope to victims desperate to recover funds from previous crypto frauds while stealing…

South Korean firm Dunamu, which operates crypto exchange Upbit, signed an MoU with Vietnam’s Military Bank or MB Bank to launch the nation’s first crypto exchange. The deal signed on Tuesday is a structural game-changer for Vietnam’s crypto scene, following its recent legalization of digital assets. According to the Korea Herald, the partnership will bring…

US spot Ether exchange-traded funds (ETFs) pulled in $729.1 million in net inflows on Wednesday, their second-largest daily haul since launching earlier this year, according to SoSoValue data. Key Takeaways: US spot Ethereum ETFs drew $729.1M on Wednesday, their second-largest daily inflow since launch. Ethereum ETFs have pulled $2.2B over three days, nearly seven times…

Thumzup Media Corporation, a social media marketing firm that pivoted into crypto investments earlier this year, is ramping up its digital asset strategy following a $50 million capital raise. Key Takeaways: Thumzup raised $50M to expand into large-scale crypto mining and targeted blockchain investments. The firm holds 19.1 BTC and plans to diversify into six…

Tron founder Justin Sun has filed a lawsuit in the US District Court for the District of Delaware, seeking to stop Bloomberg from publishing what he calls highly sensitive details of his cryptocurrency holdings. The blockchain entrepreneur says the disclosure would invade his privacy, and put him and his family at risk. In the complaint,…

Cathie Wood’s Ark Invest has disclosed its recent purchase of a total of 2.53 million shares of Bullish across three of its exchange-traded funds (ETFs). According to the firm’s latest trade disclosure, the ARK Innovation ETF (ARKK) bought 1.7 million shares of Bullish, followed by the ARK Next Generation Internet ETF’s (ARKW) acquisition of 545,416…