A group of lawmakers in Russia introduced a bill that would extend money laundering controls to digital ruble transactions. The proposal, spearheaded by the Chairman of the State Duma Committee on the Financial Market Anatoly Aksakov, establishes different responsibilities for platform participants and the Central Bank of Russia, which is appointed as the main AML […]
Severity of correction we’ve witnessed turns out to be much higher than expected
In a surf town in El Salvador nicknamed "Bitcoin Beach," shopkeeper Maria Aguirre watched with delight as the cryptocurrency — and her investment …
LQWD Technologies Corp., an infrastructure and liquidity provider for the Bitcoin Lightning Network, has announced a new partnership with Amboss Technologies Inc. to become their premiere Lightning Network Liquidity Service Provider (LSP), according to a press release sent to Bitcoin Magazine. As part of the partnership, LQWD will contribute an initial 10 Bitcoin in liquidity to […]
A widely followed on-chain analyst thinks that Bitcoin (BTC) is just taking a breather before rallying to fresh all-time highs. Analyst Willy Woo tells his 1 million followers on the social media platform X that the Bitcoin Risk Signal, which compares BTC’s network flows to price action, suggests that the crypto king is not yet […]
Injective Protocol, a decentralized finance-centric platform, has launched TokenStation. In a blog post on March 18, Injective said the solution, deployed on its mainnet, allows users to launch native tokens. With this tool, Injective said it would empower anyone to create their tokens in a low-fee and scalable environment. Injective Launches TokenStation, Strikes Key Partnership The […]
TL;DR Flash Crash on BitMEX: Bitcoin’s price briefly dropped to $8,900 from around $67,000 in a sudden ‘flash crash’ on the BitMEX exchange, while other platforms showed no such drop. Whale Activity Speculation: The crash is speculated to have been caused by a ‘whale’ selling over 400 BTC, leading to a temporary halt of withdrawals […]
In the whirlwind world of cryptocurrency, where volatility is the norm and the next big thing is always around the corner, investors are constantly on the lookout for opportunities to balance their portfolios and hedge against unpredictable swings. The latest trend in this financial saga involves the meme coin Pepe (PEPE), which has recently seen […]
Investment giant BlackRock filed documents with the U.S. Securities and Exchange Commission on Thursday to launch a tokenized asset fund. The total size of the fund was not disclosed. Registered in the British Virgin Islands in 2023, the BlackRock USD Institutional Digital Liquidity Fund will act as a pooled investment fund. According to BlackRock, the […]
Bitcoin.com, a leading figure in the world of cryptocurrency and blockchain technology, is thrilled to announce a significant enhancement to the utility of its ecosystem token, VERSE. In a groundbreaking collaboration, VERSE has now been integrated with BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services. This integration heralds a new era of […]
How great is chance to see further drop of Bitcoin (BTC), Ethereum (ETH) and XRP?
It has been 15 years since the creation of the leading cryptocurrency. Let's take a look at how it started and how it got here.
For the past decade, the abbreviations AML and KYC have become an inextricable part of our lives. To help law enforcement track illegal funds, an increasingly constraining set of anti-money-laundering measures is being implemented across the globe. For the past two decades, it has involved extensive know-your-customer obligations for financial institutions, forced to check their […]
The CEO of Coinbase is revealing what he thinks the most important use cases for cryptocurrencies are. In a new Coinbase blog post, Coinbase CEO Brian Armstrong attempts to answer the question “what is crypto even useful for?” First, Armstrong says that out-of-control money printing has caused an increasing level of economic inequality via inflation […]
A closely followed crypto strategist believes one Ethereum (ETH) competitor is primed to print gains of more than 2x this year. Pseudonymous analyst Altcoin Sherpa tells his 211,900 followers on the social media platform X that he thinks Solana (SOL) will see new all-time highs this year. But while the crypto strategist is long-term bullish […]
Binance disclosed in its 16th proof-of-reserves (PoR) snapshot that its assets exceeded $100 billion as of March 18. The exchange views this milestone not merely as an “arbitrary number” but as evidence of continued trust in Binance and a strong indication of the crypto markets’ solid performance. Binance’s User Asset Holdings Surge In a blog […]
The crypto exchange Coinbase has received support from various groups as it challenges the US Securities and Exchange Commission (SEC) to develop specific regulations for the digital assets market. The lack of a clear regulatory framework in the US has led businesses to seek more favorable conditions overseas, driving the urgency for clear rules. Coinbase, […]
The crypto market is down as most cryptocurrencies have registered red numbers for the past few days. Expectations of making big profits out of the bullish sentiment are momentarily halted. And while many patiently wait for the prices to rise again, others are seemingly looking for different options to make their bags. Crypto Presale Frenzy […]
TL;DR Dune and Colorful Notion have integrated data from the Polkadot ecosystem into the Dune platform. Users of Dune can now access data from Polkadot and Kusama, as well as six selected parachains. The collaboration improves accessibility and allows for exploring activities in the DOT ecosystem with clarity and precision. The data analysis platform Dune […]
TL;DR Sygnum tokenizes $50 million of Matter Labs treasury reserves on the zkSync blockchain. Security tokens issued by Sygnum represent units of Fidelity International’s Institutional Liquidity Fund (ILF). This initiative strengthens the bridge between crypto and traditional finance, laying the foundations for a fully tokenized ecosystem. In a significant step towards merging traditional finance and […]
As the crypto universe expands, 2024 has marked a significant milestone with the announcement of one of the biggest giveaways the sector has seen – a staggering $888K competition hosted by Option2Trade (O2T). This monumental event has caught the attention of various crypto communities, particularly the Pepe (PEPE) community, known for its vibrant and engaged […]
Genesis Global Capital has settled with the U.S. Securities and Exchange Commission (SEC) and agreed to pay a $21 million civil penalty. The SEC further disclosed that the regulator will “not receive any portion of the penalty until after payment of all other allowed claims by the bankruptcy court, including claims by retail investors in […]
Thanks to recovering market, numerous assets might return in uptrends
Grab users can now pay in cryptocurrency following a partnership between the tech company and licensed payments provider Triple-A.
After prolonged delays, Cardano introduces its first fully fiat-backed stablecoin, USDM by Mehen, which launched 17 March. Unlike algorithmic stablecoins, USDM is backed 1:1 by US dollars, offering direct exchange for USD with transparent, high-quality reserves. Despite the introduction of USDM, ADA’s price faces a downward trend, losing almost 15% week-on-week. Meanwhile Cardano leads in […]
Changpeng “CZ” Zhao, the founder of cryptocurrency exchange Binance who stepped down as CEO in November in a settlement over federal money laundering charges, announced plans Monday to launch a new nonprofit online education platform called Giggle Academy. “Let’s make basic education accessible and entertaining to children all around the world,” he wrote on Twitter, […]
Asset management firm Fidelity wants traders of its proposed spot Ethereum exchange-traded fund (ETF) to be able to stake their assets upon the product’s approval. The financial giant included the request in an amendment of its November 17 application to launch a spot Ethereum ETF in the United States. Fidelity Includes Staking in ETF Proposal […]
A federal court in Nigeria has ordered Binance to disclose the data or information of all persons on its platform from the country to the Economic and Financial Crimes Commission (EFCC). The interim order by Justice Emeka Nwite came with the ruling on the ex parte motion moved by the lawyer representing the anti-corruption body. […]
Bitcoin’s recent downturn has prompted renowned crypto analyst Willy Woo to offer a fresh perspective on the cryptocurrency’s future trajectory. Woo’s analysis, based on the surge in Bitcoin’s Macro Index, suggests an optimistic outlook for the leading digital currency, potentially indicating a pivotal shift in market dynamics. Unveiling Bitcoin Double Pump Prediction Willy Woo, a […]
Starbucks is shutting down its loyalty program that rewards participants with non-fungible tokens (NFTs) minted on the Polygon (MATIC) blockchain. The world’s largest coffeehouse chain rolled out the Starbucks Odyssey program for beta testing in December 2022. Members complete themed activities to earn NFTs called “Journey Stamps” and bonus points to access benefits and interactive […]
A closely followed crypto strategist thinks that it’s about time for Bitcoin (BTC) to steal liquidity from altcoins. Pseudonymous analyst Credible tells his 382,300 followers on the social media platform X that a parabolic rally to a six-figure price tag is in sight for Bitcoin. “It’s time for alts to make way for king BTC […]
While bitcoin experienced a 12% decrease following its all-time high last week, gold has shown relative stability over the past five days, with only a slight 1% decline in the same period. In a similar vein to crypto enthusiasts, advocates for gold predict that the metal will continue its upward trajectory, potentially reaching the $2,600 […]