Live Feed

Dubai regulator cracks down on 19 unlicensed crypto operators

Dubai’s Virtual Assets Regulatory Authority (VARA) has imposed fines on 19 companies for operating without the necessary licenses. The fines range from 100,000 to 600,000 dirhams ($27,000 to $163,000) as part of VARA's ongoing efforts to enhance oversight and protect investors in the rapidly evolving digital asset ecosystem. The companies were found to be violating marketing rules and providing crypto services without approval. VARA has emphasized the importance of compliance, stating that only firms meeting high standards of governance are allowed to operate. This enforcement action follows a previous crackdown in which VARA fined seven unlicensed firms. The regulator reminded the public that engaging with unlicensed operators can lead to significant risks and reiterated its commitment to a transparent market through a robust licensing framework.

Source 🔗

NYSE parent invests $2B in Polymarket at $9B valuation

Intercontinental Exchange (ICE), the parent company of the NYSE, has invested $2 billion in the cryptocurrency-based prediction market Polymarket, which now holds a $9 billion valuation. Polymarket allows users to buy and sell shares in outcomes of real-world events, with trades settling in stablecoins. Access for U.S. users is

Opera and Decrypt Team Up to ‘Bring the Next Billion Users’ to Web3

Decrypt has partnered with Opera to distribute its news and educational content through Opera News, Opera Mini, and Opera for Android. The collaboration aims to integrate Decrypt’s journalism within Opera’s ecosystem, allowing users to access localized news about Web3 and cryptocurrency. This initiative reflects Decrypt's commitment

Bitcoin Treasury KindlyMD to Issue $250M in Convertible Debt With Nasdaq-Listed Antalpha

KindlyMD, a healthcare data company, is partnering with crypto services provider Antalpha to issue $250 million in convertible debt as part of a strategic agreement. The funds will be utilized to expand KindlyMD's Bitcoin holdings and support general corporate purposes. With the deal, KindlyMD aims to enhance its

Read next