Year: 2024

Bitcoin Jesus Fights Back: Roger Ver Claims US Targets Him Over Crypto Advocacy

Vortex Cryptonews

Ver alleges that the US government is targeting him for Bitcoin advocacy, not tax evasion. His defence cites unconstitutional charges and vague crypto tax laws. Roger Ver, popularly known as “Bitcoin Jesus” is maintaining his stand that the allegations leveled against him by the United States Department of Justice (DOJ) are not true. Ver was apprehended by the US authorities in Spain in April on charges ranging from tax evasion to mail fraud and filing false tax returns. Presently, the US authorities are waiting to get a court ruling in…

Anchorage Digital Secures BitLicense for New York Operations

Vortex Cryptonews

Anchorage is now licensed to operate in New York. The firm secured BitLicense for its subsidiary Anchorage Digital NY, LLC. The firm will now compete with firms with similar licenses from the NYDFS. Anchorage Digital, a leading crypto custodian, has announced that it has secured a BitLicense for its subsidiary, Anchorage Digital NY, LLC. This approval was granted by the New York State Department of Financial Services (NYDFS) on November 16. This license will allow the firm to offer regulated crypto services to institutional clients throughout New York State once…

$412 Million Liquidated as Bitcoin (BTC) Slips Below $100,000 Again

Vortex Cryptonews

Bitcoin contributed 12.62% of the $412 million liquidations, signaling its central role in the market’s downturn. Ethereum and altcoins, including XRP and Dogecoin, collectively lost over $154 million as traders underestimated the ripple effects of geopolitical tension. The martial law declaration in South Korea spooked investors, triggering a chain reaction of local and global sell-offs. Bitcoin’s rapid descent below $100,000 has triggered a wave of panic among traders, erasing $412 million in leveraged positions within 24 hours. The market turbulence marks a sobering moment for investors who believed the six-figure…

Binance Unveils Its First On-chain Yield Offering with Babylon Staking

Vortex Cryptonews

Users can stake Bitcoin (BTC) through Binance to earn rewards starting December 10, with a cap of 1,000 BTC available for staking.Early participants will benefit from additional rewards tied to Babylon Protocol’s progress milestones. The launch follows Binance’s recent product rollouts, including merged mining and pre-market spot trading services . gh Binance accounts, provides users with an entry point into the decentralized finance (DeFi) ecosystem. The offering, introduced under Binance Earn, debuts with Babylon BTC Staking as its flagship product. According to a press release shared with Coinspeaker, Binance plans…

Bitget Receives Bitcoin Service Provider (BSP) License from Central Bank of El Salvador

Vortex Cryptonews

Crypto exchange Bitget has gained a BSP license in El Salvador to offer Bitcoin-only products and services to customers in the region. The company has applied for a Digital Assets Service Provider (DASP) license with financial regulators in El Salvador to expand its office offerings in the country. Bitget will also establish a local team dedicated to improving service delivery and building stronger connections with local users. Leading global cryptocurrency exchange Bitget has achieved a milestone as the first digital asset trading platform to secure a Bitcoin Service Provider (BSP)…

Argentina Opens Doors to Crypto Investment Through Revolutionary ETF, CEDEARs

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Five new CEDEARs instruments launched in Argentina, including exposure to Bitcoin ETF IBIT and Ethereum ETF ETHA, eliminating the complexity of crypto wallet management. The investment product was announced on the same day as BTC hit $100K. Argentina’s BYMA and Banco Comafi collaborated for the program. Latin American country Argentina has taken a significant step when it comes to digital asset investment, allowing citizens to engage in new investment opportunities via a new range of revolutionary exchange-traded funds (ETFs), CEDEARs. Local investors will now have access to diversified investments with…

Chainlink (LINK) Launches Data Feeds and Proof of Reserve on Hedera (HBAR) Mainnet

Vortex Cryptonews

Hedera network has registered significant growth in its TVL amid the mainstream adoption of web3 technology. The integration of Hedera and Chainlink will have a long-term positive impact in the long term. Hedera network, a top-tier layer one blockchain backed by reputable global companies, has announced the official integration with the Chainlink standard to enhance its web3 democratization agenda. According to the , the Chainlink Data Feeds and Chainlink Proof of Reserve are now live on the Hedera network. As a result, DeFi developers on the Hedera network can access…

Britain’s Crypto Hub Ambitions Face Challenges amid US Competition

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The United Kingdom aims to become a leading crypto hub, competing with the US, despite skepticism from local entrepreneurs. Economic Secretary Tulip Siddiq plans legal provisions for digital assets, including stablecoins, to foster crypto growth. FCA’s roadmap will regulate the crypto industry by 2026, addressing stablecoins, trading, and lending challenges. The UK is laying out an ambitious plan to become a leading global hub for crypto, positioning itself as a competitor to the US in this rapidly evolving industry, to CNBC. Despite these intentions, many entrepreneurs within Britain’s borders are…

AUSTRAC Launches New Taskforce to Tackle Non-Compliant Crypto ATMs in Australia

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Australia’s financial agency has launched a taskforce to enforce stricter regulations on cryptocurrency ATMs as criminal misuse rises within the country. The country’s anti-money laundering rules require crypto ATM operators to monitor transactions and report suspicious activities. The Australian Transaction Reports and Analysis Centre (AUSTRAC) has launched a dedicated task force to enforce stricter regulations for crypto ATMs across the country. The move is part of the agency’s broader efforts to combat money laundering and other illicit activities associated with digital currencies. On Friday, the financial intelligence agency digital assets…

$420 Million in Crypto Liquidation as Bitcoin (BTC) Price Falls

Vortex Cryptonews

Bitcoin registered a new All-Time High above $108,000 on December 17. The coin reversed its growth, fueling a $420 million crypto liquidation. The uncertainty around interest rate cuts is placing traders on the edge. The price of Bitcoin has seen a slight drop that has triggered some liquidation in the crypto market. As BTC lost 2.99% of its price gain to trade at $104,027.71, 165,326 traders suffered liquidations. The combined liquidation figure topped $420 million. According to data from , the largest single liquidation occurred on the Binance exchange. Long…