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PancakeSwap integrates Zyfi for gas-free DeFi trading
11.6.2024
The simplified trading experience could help PancakeSwap attract a larger market share from centralized exchanges
UNI token scales new heights after the CTG acquisition of Uniswap
11.6.2024
Uniswap’s CTG acquisition paved the way for a notable increase in the UNI token’s price within a very short period. Merging CTG’s captivating on-chain experiences with the solutions of Uniswap is the byproduct of the new acquisition. Uniswap and CTG are working to improve CTG’s coming season...
FTC issues urgent warning over rising crypto romance scams
11.6.2024
The FTC asked users to report scammers to the government and warn their loved ones about the scam
Nigerian Minister: Binance Fails to Pay Taxes on Over $20 Billion Turnover
11.6.2024
In 2023, Binance generated revenues exceeding $20 billion in Nigeria; however, the company has not paid taxes, a government minister disclosed. The Nigerian official also seemed to refute U.S. lawmakers’ claims that Tigran Gambaryan, an imprisoned Binance executive, is being held hostage by...
Crypto alert for Doge (DOGE) and SHIB communities: Is this AI platform the only safe place?
11.6.2024
Almost the entire crypto market traded at losses on Friday, as a massive sell-off followed the US Labor Department reports. From a strongly positive start to the week, many top altcoins dipped considerably at the end, and the volatile meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) were most...
Indiana vows outage-free energy for crypto miners, data centers
11.6.2024
Indiana plans to become a hub for the data center and crypto mining industries by promising uninterrupted, low-cost energy
EU Innovation Hub criticizes privacy coins and crypto mixers in new report
11.6.2024
In its inaugural report on encryption, the EU Innovation Hub for Internal Security examined how privacy coins and mixing protocols are complicating regulatory efforts
Study: 14% of ‘Early Adopter’ Kiwis Own Cryptocurrency; Majority Favor It Over Real Estate
11.6.2024
At least 14% of New Zealanders surveyed said they have owned cryptocurrency or held digital assets in the past. The findings categorize New Zealanders as early adopters, indicating they were quick to recognize the potential of cryptocurrency. Survey data reveal that only 16% of respondents would...
FTC Warns of Crypto Scams From Online Love Interests
11.6.2024
The U.S. Federal Trade Commission (FTC) has issued a warning about cryptocurrency romance scammers who offer investment advice. The FTC emphasizes the risks involved and urges immediate reporting and caution to protect others. “They establish an emotional connection with you so you’re more...
HSBC China Introduces Digital Yuan Services for Corporate Clients
11.6.2024
HSBC Bank (China) Ltd. announced on Friday the launch of digital yuan (e-CNY) services for corporate clients, becoming one of the first international banks to provide these services to both corporate and retail customers. The e-CNY, or digital yuan, is China’s central bank digital currency...
South Korean Regulator Excludes Certain NFTs From Crypto Regulations
11.6.2024
South Korea’s top financial regulator has issued guidelines clarifying when non-fungible tokens (NFTs) are considered virtual assets. This distinction aims to minimize the risk of widespread user harm. The guidelines will be part of the Virtual Asset User Protection Act, effective July...
Modi Reappoints Nirmala Sitharaman as India’s Finance Minister — Investors Remain Concerned Over High Crypto Taxes
11.6.2024
Indian Prime Minister Narendra Modi has reappointed Nirmala Sitharaman as Finance Minister. She remains instrumental in shaping India’s economic policies, including cryptocurrency regulation and taxation. Nirmala Sitharaman Reappointed as Finance Minister Indian Prime Minister Narendra Modi...
DOJ and FBI Unveil Charges Against 3 UK Nationals in NFT Rug Pull Scam
11.6.2024
The U.S. Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) have unveiled charges against three UK nationals for a fraudulent non-fungible token (NFT) scheme involving “Evolved Apes,” promising a game development. “They allegedly took investor funds, never...
Russia Set to Recognize Bitcoin Mining as Economic Activity
10.6.2024
According to Osman Kabaloev, the Deputy Director of the Financial Policy Department at Russia’s Ministry of Finance, the recognition of Bitcoin mining as an official economic activity is set to happen soon. Following the approval of a law regulating cryptocurrency mining, this activity would...
Surge in Digital Asset Investments Following SEC ETF Approvals, Coinshares Reports
10.6.2024
Digital asset investment products have witnessed significant inflows totaling $2 billion, marking a strong five-week streak that accumulates to $4.3 billion. As reported by Coinshares, this surge aligns with increased trading volumes and shifting monetary policy expectations. Record-Breaking Week...
Mexican Billionaire Ricardo Salinas Doubles Down on Bitcoin, Advises Using It as Inflation Hedge
10.6.2024
Ricardo Salinas, the third wealthiest man in Mexico, has recently doubled down on his proposal to use Bitcoin as a reserve asset. On social media, Salinas defended the role of Bitcoin as an inflation hedge, commenting on a post that presented inflation as a hidden tax on fiat money and advised...
Over 200 BTC From 2013 and 2012 Wallets Awaken, Now Valued at Over $14M
10.6.2024
Over the past weekend, 211.51 dormant bitcoins valued at $14.79 million were reactivated after over a decade of inactivity. More than half of these funds originated from bitcoin wallets that had been inactive since 2012. Vintage Bitcoin Wallets Unleash 211.51 Bitcoin Since June 8, 2024, a series...
Trump promises to become the ‘crypto president’ — Law Decoded
10.6.2024
The former United States president is intensifying his cryptocurrency advocacy as part of his 2024 presidential campaign
OKX feels the pinch from a breach affecting its users
10.6.2024
OKX’s SMS notification safety feature was compromised by a miscreant who whacked crypto amounts, leaving the users high and dry. The company is engaged in going into the crux of the matter, assuring its users of complete compensation. As per SlowMist, the information began trickling in, with...
With the price of BRETT skyrocketing, how high can it go?
10.6.2024
At its current trade price of $0.1581, the meme coin Brett—which is inspired by the Matt Furie Boys’ Club comic—has grown more than 327%. BRETT has been a segment of the crypto space for a period of only three months and yet has become highly sought after by the masses. Its market...