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ECB Calls for Global Regulation of Cryptocurrency
ECB Official Calls for Crypto Regulation Panetta stressed that cryptocurrency regulations should prioritize Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) guidelines. He also called for greater public disclosure by exchanges, including...
Binance, Coinbase, and Kucoin Refuse to Ban Russian Users
All the Major Crypto Exchanges Oppose Blanket Bans Several leading exchanges, including Binance and Coinbase, have stated they will not impose blanket bans on Russian users. Coinbase CEO Brian Armstrong emphasized that “everyone deserves access to basic financial...
Stripe Enables Crypto Payments for Twitter Creators
Current Overview Currently, the payment processor supports crypto payments in USDC, a stablecoin pegged to the US dollar. These payments will be processed through Polygon, which is a Layer 2 solution built on the Ethereum blockchain. The company selected this...
When Will Stablecoin Regulations Be Finalized Globally?
The FSB Stand on Regulation of Stablecoins The Financial Stability Board (FSB) recently highlighted the growing risks posed by stablecoins to the global financial system. As stablecoins increasingly facilitate both domestic and international payments, FSB insists...
Kraken Secures Crypto License in UAE
Kraken’s New Milestone FTX, Binance, and Crypto.com were already established in the UAE before Kraken’s arrival. Kraken will become the fourth virtual asset exchange to be authorized to operate in the Abu Dhabi International Finance Center (ADGM) and the Abu Dhabi...
5 Strategies Used by Successful Crypto Whales
Strategies Deployed by Crypto Whales to Influence the Market Crypto whales are individuals or institutions that hold massive amounts of a specific cryptocurrency. These whales wield significant influence over the market, causing notable price movements. Whether...
Fidelity Introduces ETFs for Crypto, Metaverse, and ESG Investments
Overview of Fidelity’s New Launch However, the Fidelity Crypto Industry and Digital Payments ETF (FDIG) is designed not to provide direct exposure to cryptocurrencies listed on crypto platforms. Instead, it will focus on investing in companies that contribute to...
Analyst Benjamin Cowen Highlights Ethereum Weakness
Analyst Predictions for ETH Cryptocurrency analysts predict further losses for Ethereum. Renowned analyst Benjamin Cowen shared his bearish outlook, suggesting ETH may drop to $2,000 or lower. Cowen emphasized the inability of ETH to regain its bullish market...
North Korean Hackers Implicated in Axie Infinity Heist
US Identifies North Korean Hackers in the Axie Infinity Theft The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has flagged the address that received the stolen crypto from the Ronin network. The address has been sanctioned, and the Federal...
What Are Aggressive Crypto Whales Buying Right Now?
Bitcoin Whales: Accumulating Confidence On-chain data from Whalemap reveals that whales holding over 1,000 BTC have accumulated significant amounts at $36,000–$38,000, signaling confidence in the market. Bitcoin rebounded from $34,500 to $38,400, breaking key...
EU Crypto Leaders Push Back Against Restrictive Policies
Crypto Business Leaders’ Open Letter to the EU In an effort to reduce the impact felt by the crypto industry in Europe, over forty crypto business leaders have urged the European Union to reconsider the requirement for crypto platforms, exchanges, and brokers to...
Cryptocurrencies Face Challenges Amid Fed Policies and Inflation
What Caused the Decline? While cryptocurrencies were traditionally considered immune to traditional economic factors, recent trends suggest otherwise. Financial experts attribute the latest downturn to a mix of: High Inflation: U.S. inflation reached 7% in December...
BlockApps Raises $41 Million in Series A Funding
BlockApps Funding Details BlockApps will also use the funds to "expand its associate program and include more real assets to STRATO, the company’s leading enterprise blockchain platform." Similar to other blockchain networks, an enterprise blockchain is a...
Cardano’s Transaction Activity Surpasses Bitcoin
Cardano (ADA): A Scalable and Energy-Efficient Blockchain Solution As of February 13th, 2022, Cardano recorded a transaction volume of $17.56 billion, outperforming both Bitcoin ($10.65 billion) and Ethereum ($5.77 billion), according to blockchain analytics firm...
Portugal Grants First Bank Crypto License
The Impact of This Development on the Crypto Industry This move by Portuguese regulators signals a positive future for cryptocurrency. It could encourage more banks and financial institutions worldwide to engage with crypto assets. Furthermore, this action may lend...
Warren Buffett Invests in BTC Assets as Whales Sell ETH
Whales That Bought More Crypto Warren Buffet Dumps Visa and MasterCard, Invests $1B in Bitcoin Warren Buffet, also known as the "Oracle of Omaha," recently reduced his holdings in Visa and MasterCard to acquire $1 billion in Nubank, Brazil's largest FinTech firm...
North Korea’s Sanctions Evasion Leads to U.S. Crypto Developer’s Arrest
Support for Griffith During His Trial Friends, family, and former colleagues of Griffith have submitted letters to the U.S. judge in an effort to portray him in a positive light. These letters aim to highlight Griffith’s good character and reduce the severity of...
Ethereum 2.0 Rebranded as the Consensus Layer
ETH 2.0 is among the most awaited crypto upgrades at the moment. This upgrade, expected to deliver lower gas fees and improved scalability, is highly anticipated as demand continues to strain the network. Ethereum’s IT team has been working diligently for over two...
Betting on the 2024 US Election: Your Guide to the Race
A KYC-Free Casino for Crypto Players One of the most appealing features of Niyvi Casino is that most players won’t need to undergo KYC (Know Your Customer) verification. When registering, only a username, password, and valid email address are required. This makes...
ICHI Token Loses 99% in Shocking DeFi Collapse
What Led to the ICHI Token Crash? The exact cause of the crash remains unclear, but it appears that the HI-ROAD smart contract was exploited. This allowed the attacker to mint unlimited ICHI tokens, which were then sold on the open market. Consequently, the token's...
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