Telo News - Crypto | DeFi | Web3

25 Mar 2024 22:10

The latest report from S&P Global Market Intelligence reveals the world's top 50 largest banks by consolidated assets, highlighting the significant growth of Chinese banks:

🇨🇳 Industrial and Commercial Bank of China — $5.7tn
🇨🇳 China Construction Bank — $5.0tn
🇨🇳 Agricultural Bank of China — $4.9tn
🇨🇳 Bank of China — $4.2tn
🇺🇸 JPMorgan Chase & Co — $3.7tn
🇺🇸 Bank of America — $3.1tn
🇯🇵 Mitsubishi UFJ Financial Group — $3.0tn
🇬🇧 HSBC Holdings — $2.9tn
🇫🇷 BNP Paribas — $2.9tn
🇫🇷 Crédit Agricole Group — $2.5tn

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25 Mar 2024 20:04

A Spanish court reportedly paused its order to block Telegram during an investigation into illegal content sharing by its users.

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25 Mar 2024 17:59

Digital asset investment products experienced a record outflow of $942m last week, marking a significant shift after seven weeks of inflows:

⚫️New US ETF issuers saw $1.1bn inflows, mitigating Grayscale's $2bn outflows
⚫️Bitcoin dominated the outflows with $904m, while Ethereum, Solana, and Cardano also saw notable outflows
⚫️Altcoins like Polkadot, Avalanche, and Litecoin, however, enjoyed net inflows totaling $16m
⚫️The market sentiment downturn, influenced by a recent price correction, contributed to the overall outflows, despite high trading volumes

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25 Mar 2024 16:58

FTX will sell two-thirds of its Anthropic stake to two dozen buyers, including an Abu Dhabi investor, for $884 million.

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25 Mar 2024 12:35

The Philippine SEC reportedly plans to ban Binance for unlicensed operations, affecting the country's 9.3m crypto users amid broader regulatory actions against the exchange.

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25 Mar 2024 10:54

Binance has expanded its "smart retrieval" token options, reducing the deposit fee for unsupported tokens to 5 USDT from previously up to $500.

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25 Mar 2024 09:35

On March 29th, the US will announce February's core PCE price index, a crucial indicator for the Fed. Following this, Chairman Powell will speak on economic policy in San Francisco. Current market participants expect May interest rates to remain steady with an 89.1% probability.

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24 Mar 2024 13:24

According to reporters, Iceland intends to reallocate renewable energy from data centers to homes and industries, due to Bitcoin's significant energy use, which exceeds the country's household consumption at 120 megawatts.

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24 Mar 2024 11:55

In a new scam within China's blockchain industry, victims seeking legal aid after initial frauds are duped again by fake lawyers.

A recent case saw an individual lose $70k to a fraudulent lawyer following a $100k pig butchering scam loss.

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23 Mar 2024 12:59

The EU has banned the use of all unidentified self-hosted cryptocurrency wallets for cryptocurrency payments of any size. The new anti-money laundering law prohibits any anonymous cryptocurrency payments. A majority of the EU Parliament's leadership committee approved the ban on March 19.

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23 Mar 2024 12:13

Alex Thorn from Galaxy Digital suggested a May approval for an spot Ethereum ETF is unlikely due to recent SEC actions and its scrutiny of Ethereum's 2014 ICO as a potential unregistered securities offering.

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23 Mar 2024 09:19

Anthropic reportedly excluded Saudi Arabia from purchasing FTX's 8% stake due to security and geopolitical issues, amid the AI sector's growth and the stake's valuation exceeding $1bn.

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Telo News - Crypto | DeFi | Web3

23 Mar 2024 03:21

💌💌💌💌💌
✔️ This week's crypto market highlights:

⚫ Grayscale amends ETHE Trust filing
⚫ SBF's "bad ideas" list
⚫ CZ to launch education platform
⚫ SBF's lawyers seek 6.5-year sentence
⚫ Genesis settles with SEC for $21m
⚫ Ethereum Foundation probed by state authority
⚫ Montenegro contests Do Kwon's extradition

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22 Mar 2024 20:08

Fox reporter Eleanor Terrett relayed that Robert Mitchnick, BlackRock's Head of Digital Assets, stated Bitcoin is their top priority, with some focus on Ethereum and minimal emphasis on other cryptocurrencies.

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22 Mar 2024 16:15

JPMorgan analysts asserted Bitcoin is still in "overbought territory" even after its recent correction, suggesting further potential drops.

They cite limited unwinding in futures positions and maintain that ongoing profit-taking, especially with the upcoming halving, could continue to pressure prices.

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25 Mar 2024 20:26

According to Bloomberg, Goldman Sachs reported a surge in crypto options trading among its hedge-fund clients, spurred by recent Bitcoin ETF approvals and market recovery, with significant interest in Bitcoin and Ether.

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25 Mar 2024 18:34

The EU probes Apple, Google, Meta, and Amazon for potentially violating the Digital Markets Act, focusing on their marketing and ranking methods.

Violations could lead to substantial fines, part of broader efforts to regulate tech giants and promote fair competition.

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25 Mar 2024 17:26

The US Office of Foreign Assets Control (OFAC) has added several Russian crypto firms to the sanctioned list, including Aromaiz, Bitpapa, and Web3Tech.

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25 Mar 2024 13:13

⚡️⚡️⚡️⚡️⚡️⚡️
Nigerian security services are reportedly collaborating with Interpol to secure an international arrest warrant for Binance executives.

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25 Mar 2024 11:17

CommEX, which previously acquired Binance's Russian business and was rumored to be a rebranding of Binance, is ceasing operations starting March 25, 2024, following a strategic review.

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25 Mar 2024 10:17

Nigeria has filed four counts of tax evasion against Binance. Meanwhile, according to local media reports, Nadeem Anjarwalla, a detained Binance executive, escaped from prison in Nigeria. Anjarwalla fled and boarded an international flight on March 22 after attending Friday Ramadan prayers at a mosque.

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25 Mar 2024 08:23

DigiFT, the first licensed exchange for on-chain real-world assets in Singapore, has launched the inaugural US Treasury Bill depository receipt tokens. These tokens represent direct ownership in the underlying US Treasury Bill.

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24 Mar 2024 12:46

Patrick Hansen from Circle noted that self-custody wallets remain legal in the EU, but making payments to merchants with non-KYC wallets may face restrictions.

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23 Mar 2024 17:33

According to the data, over the last ten years, Bitcoin and gold have demonstrated minimal correlation, indicating that the factors influencing gold demand differ from those driving Bitcoin's performance.

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23 Mar 2024 12:20

💡💡💡
Spain's High Court will temporarily suspend Telegram starting Monday, following media companies' accusations of unauthorized content sharing.

Mobile operators will implement the ban pending investigation.

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23 Mar 2024 11:00

The SEC extended its review of Grayscale's Ethereum Futures ETF to May 30, citing the need for more time to assess the proposal's implications.

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23 Mar 2024 08:44

Rumors suggest OKX founder StarXu is under US investigation, which he denied in three tweets.

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22 Mar 2024 21:19

Google has reportedly added functionality to show Ethereum Name Service (ENS) wallet balances in search results, leveraging data from Etherscan, simplifying the process of checking Ethereum wallet balances linked to ENS domains.

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22 Mar 2024 19:46

💡💡💡
Montenegrin authorities announced that Do Kwon's sentence will be commuted to house arrest and he will leave prison.

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22 Mar 2024 15:30

💡💡💡
According to unverified reports, Montenegro suspended the decision to extradite Do Kwon to South Korea.

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