The Crime and Corruption Commission (CCC) in Queensland, Australia, discovered loopholes in the current state laws that make it easier for criminals to misuse digital assets. The agency suggests updating Queensland’s law for seizing assets to address its current limitations. The CCC raised doubts about the ability of Queensland’s Criminal Proceeds Confiscation Act 2002 (CPCA) … Read more
Pro-XRP lawyer criticized Senator Warren’s crypto oversight XRP continues to ride the wave of bullishness, esp. on social media The dispute over cryptocurrency regulations intensified when John Deaton, an attorney supportive of XRP, reacted to Senator Elizabeth Warren’s remarks at a US Senate Banking Committee session. Critic Deaton has disagreed with Senator Warren’s call for … Read more
Prosecutors in Taiwan are pursuing legal steps against David Pan, the mastermind behind Ace Exchange, a local cryptocurrency marketplace. On April 8, according to the authorities’ announcement, Pan was among the seven individuals accused and indicted. The prosecution team alleged that Pan engaged in money laundering and fraudulent activities, resulting in approximately NTD 340 million … Read more
In simpler terms, PancakeSwap argues that decentralized finance, specifically decentralized exchanges, could expand their market presence more effectively by using capital more wisely. Chef Momo, the pseudonymous product manager of the DEX, told CryptoMoon: “Such initiatives promoting capital efficiency and composability will be pivotal in expanding the market share of DEXs. On April 8, PancakeSwap, … Read more
Some users of Ampleforth’s AMPL stablecoin have expressed concern over being unable to access their funds in the lending pool on Aave, a widely-used decentralized finance (DeFi) platform. This issue, which has prevented AMPL depositors from withdrawing their assets since late 2023, is specific to this particular pool. The other pools on Aave continue to … Read more
According to an on-chain indicator with a proven track record, Bitcoin (BTC) may be nearing the end of its larger bull market trend. The “rarely reached” multiplier of the number of days that have historically signaled past Bitcoin price peaks, known as Value Days Destroyed (VDD), has surpassed a significant threshold. VDD multiple hits “rare” … Read more