Kryptonary Staff, Author at Kryptonary

Cryptocurrency

Lithuania Launches Criminal Probe into €45M Bankera Crypto ICO Scandal

Lithuania’s Financial Crimes Office is investigating the suspicious offshore accounts of US-based crypto startup Bankera, which raised over $45 million during their ICO in November 2018. The company has been accused of funneling investor funds through lavish projects while remaining internationally revered. The Financial Crimes and Security Fraud office has committed bank state sovereignty to

Kryptonary Staff May 9, 2025

Cryptocurrency

German Authorities Dismantle eXch, Major Crypto Laundering Hub, Seize €34 Million in Assets

German authorities dismantled one of the most infamous dark web cryptocurrency laundering systems, eXch, which served as a global hub for cleaning digital assets. Criminals moved an estimated $1.9 billion before the system came crashing down. Also, the bust marks Germany’s third-largest cryptocurrency seizure, confiscating €34 million alongside eight terabytes worth of forensic data. This

Kryptonary Staff May 9, 2025

Cryptocurrency

SRx Health Solutions Plans Crypto-Backed Subsidiary to Boost Halo Operations

In a sign of growing interest within traditional healthcare circles toward digital finance, SRx Health Solutions, Inc. announced plans to launch a subsidiary that would borrow cryptocurrency, including Solana and Bitcoin, collateralized against profits derived from its Halo brand. As described by the company, the objective is to maximize financial flexibility while minimizing dilution for

Kryptonary Staff May 9, 2025

Cryptocurrency

Crypto Market Analysis (May 8, 2025): BTC, ETH, XRP, ALTCOINS

Crypto Market Overview: May 8, 2025 Sees a Surge in Momentum The crypto market roared back to life on May 8, 2025, pushing the global market cap to an impressive range between $3.09 trillion and $3.26 trillion. This sharp uptick of over 3% to 6% in just 24 hours reflects growing investor confidence, bolstered by

Kryptonary Staff May 8, 2025

Cryptocurrency

SEC Shifts Focus Away from Crypto Enforcement, Signaling New Era for Digital Asset Regulation

SEC’s Crypto Enforcement Era Comes to an EndThe U.S. Securities and Exchange Commission (SEC) is officially moving away from its aggressive stance on cryptocurrency enforcement, signaling a shift in its regulatory approach. Former SEC official John Reed Stark declared the end of the agency’s crypto enforcement era, stating that “it’s done” as internal changes reflect

Kryptonary Staff May 8, 2025

Cryptocurrency

Why Are Democrats Greenlighting Trump’s Crypto Plans?

A Surprising Alliance Over Crypto Legislation In an unexpected turn of events, bipartisan legislation aimed at regulating stablecoins has gained support from both Democrats and Republicans, despite concerns about potential conflicts of interest. The bills, named “Stable” and “Genius,” are designed to allow cryptocurrencies, specifically stablecoins, to be used in government payments. However, some critics

Kryptonary Staff May 8, 2025

Cryptocurrency

US Banks Can Now Buy and Sell Customers’ Crypto Assets: OCC Clarifies

In a significant shift for the cryptocurrency landscape, the US Office of the Comptroller of the Currency (OCC) has clarified that national banks can now buy and sell crypto assets on behalf of their customers. This move marks a critical step toward integrating traditional banking with digital currencies, reflecting growing acceptance of crypto services in

Kryptonary Staff May 8, 2025

Cryptocurrency

Crypto Job Scams in Australia Cost Victims USD $9.3 Billion

A Growing Threat to Australian Jobseekers In recent years, cryptocurrency job scams have become an increasing threat to Australians, with victims losing an estimated USD $9.3 billion in 2024 alone. An in-depth investigation by Infoblox Threat Intel has revealed the alarming scale and sophistication of these scams, shedding light on their deceptive methods and the

Kryptonary Staff May 8, 2025

Tech

Snowflake Accelerates Automotive AI Data Innovation Push

At present, the automotive industry is undergoing considerable shifts as it progresses with developing technologies. The AI data cloud company Snowflake has reportedly announced plans aimed at enabling the evolving industries. Recently, the corporation revealed their strategy for the AI Data Cloud for Manufacturing Initiative, which aims at developing solutions for the automotive sector. This

Kryptonary Staff May 8, 2025

Cryptocurrency

India Leads the World in Crypto Adoption as CoinDCX Marks Seven Years of Growth

From Apartment Startup to National Crypto Leader On April 7, CoinDCX celebrated a milestone that few in India’s early crypto scene could have predicted. The company, which started in 2018 from a modest apartment with just five team members, has grown into one of the largest cryptocurrency exchanges in India, now serving over 15 million

Kryptonary Staff May 6, 2025

Kryptonary Staff

Lithuania Launches Criminal Probe into €45M Bankera Crypto ICO Scandal

German Authorities Dismantle eXch, Major Crypto Laundering Hub, Seize €34 Million in Assets

SRx Health Solutions Plans Crypto-Backed Subsidiary to Boost Halo Operations

Crypto Market Analysis (May 8, 2025): BTC, ETH, XRP, ALTCOINS

SEC Shifts Focus Away from Crypto Enforcement, Signaling New Era for Digital Asset Regulation

Why Are Democrats Greenlighting Trump’s Crypto Plans?

US Banks Can Now Buy and Sell Customers’ Crypto Assets: OCC Clarifies

Crypto Job Scams in Australia Cost Victims USD $9.3 Billion

Snowflake Accelerates Automotive AI Data Innovation Push

India Leads the World in Crypto Adoption as CoinDCX Marks Seven Years of Growth

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