Bitwage Purges USDC Payments for US Residents Due to a ‘More Strict Regulatory Climate’
7.7.2023
Bitwage, a cryptocurrency payroll company, has announced it will remove USDC-based payments for U.S. residents. In an email sent to U.S.-based customers, Bitwage explains removing the second-largest stablecoin by market cap from its platform is related to a “more strict regulatory...
Elon Musk accuses Mark Zuckerberg of cheating: Twitter vs. Threads
7.7.2023
Twitter lawyer Alex Spiro sent a letter to Meta CEO Mark Zuckerberg threatening legal action against the company’s “copycat” application called Threads
How the spot Bitcoin ETF filings affected the crypto industry in June: Report
7.7.2023
The competition among zk-Rollup-based scaling solutions is tightening while the security tokens market continues steadily
Decoding the Shiba Inu craze; How high can Shiba Inu go?
7.7.2023
Developers have announced their plans to launch Shibacals by leveraging the potential of Shibarium, a layer-2 blockchain. If launched, the main utility of the three tokens, namely, SHIB, LEASE, and BONE, will come into play. Shibarium is focused on applications of NFTs and metaverse to use the said...
Binance’s regulated digital asset platform now live in Kazakhstan
7.7.2023
Binance recently announced the launch of its regulated digital asset platform in Kazakhstan. The renowned exchange earned its license from the AIFC Financial Services Authority back in 2022. With the license, Binance has earned the right to offer its custodial and trading services in the region....
Zuck Meme Coin Blasts Up 30,000% and Crypto Experts Say Wall Street Memes is the Next Best Low Cap Gem – $13 Million Raised Already
7.7.2023
The price of Zuck Coin (ZUCK) has risen by more than 130% in the past 24 hours, with the new meme token enjoying a 30,000% gain since it first listed on Uniswap a few days ago.
The coin remains in the ascendancy and has not really experienced a significant dip since its launch, yet it's still...
Billionaire CEO of Galaxy Digital Announces Overseas Move, Cites Similar Moves by Other Firms
7.7.2023
Galaxy Digital CEO Mike Novogratz is looking to move businesses outside the US territory amid the ongoing regulatory crackdown on the crypto industry.
The American billionaire warned that more crypto firms are following similar strategies by moving out of the US.
Novagratz said that they...
Kraken Co-Founder Jesse Powell Faces Federal Investigation: Allegations of Hacking and Cyberstalking Non-Profit
7.7.2023
Jesse Powell, the co-founder and former CEO of Kraken, a prominent cryptocurrency exchange, has become the subject of a federal investigation into allegations of hacking and cyberstalking involving a non-profit organization.
This recent development puts him in the spotlight as yet another...
ChatGPT sees traffic fall 10% in June after initial rush from users
7.7.2023
Despite the decline in traffic, ChatGPT still stays ahead of its AI chatbot competitors like Google’s Bard and Character AI
Namibia Passes Bill for Licensing and Regulating Virtual Asset Service Providers
7.7.2023
Namibia’s National Assembly has adopted a bill to regulate digital assets, cryptocurrencies, and digital asset service providers in the country.
The Virtual Asset Bill, introduced by the Minister of Finance and Public Enterprises, Ipumbu Shiimi, passed the parliament's lower house in June, aiming...
Top Binance Executives Exit Over CEO’s Response to DOJ Investigation
7.7.2023
Binance's handling of the recent regulatory troubles has led to the departure of some top executives.
Several top Binance executives have resigned this week in response to CEO Changpeng Zhao's handling of the investigation by the US Department of Justice, Fortune reported on Thursday, citing...
Nigerian crypto tax move is ‘premature’ – local stakeholders
7.7.2023
Industry stakeholders seek clarity regarding the implications of taxation and its connection to the recognition of cryptocurrency and associated procedures