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Report: Kenyan Parliament Committee Approves Bill Proposing to Widen Definition of Securities to Include Crypto
6.12.2023
A Kenyan parliamentary committee has reportedly approved a bill that proposes to widen the definition of securities to include cryptocurrencies. The bill proposes a tax on crypto exchanges and digital wallets as well as a capital gains tax on users who realize a capital gain from the sale of their...
Terra Founder Do Kwon Appeals Against Extradition to South Korea and US
6.12.2023
Source: Terra / YouTube Terraform Labs co-founder, Do Kwon, has officially filed an appeal against the extradition decision of the High Court in Montenegro. On December 6, the Montenegrin Court of Appeal confirmed that Kwon Do-hyung submitted an appeal, expressing his refusal to accept...
Is Terra Luna Classic Going to Zero? LUNC Price Falls 10% as Viral Mining Coin Surpasses $4.9 Million Milestone
6.12.2023
The LUNC price has dropped by 12% in the past 24 hours, with this steep fall coming on a day when the wider market has actually gained by a healthy 4.5%. LUNC’s dive comes after several days of strong rising, with its current price of $0.00020828 representing an enviable 73% gain in a week...
Digital Financial Giant Nubank Partners with Circle for USDC Integration
6.12.2023
Source: Circle / Twitter The Brazilian neobanking unicorn Nubank is furthering its crypto adoption journey by partnering with USDC issuer Circle. According to Circle’s press release, the partnership aims to extend USDC access to Brazilian Nubank customers. Nubank’s announcement added...
BRC-20 Tokens Exceed $110M 24hr Trading Volume on Gate.io
6.12.2023
Dec. 6th Panama Panama City – The latest market data from Gate.io, a leading crypto exchange and Web3 innovator, shows that daily BRC-20 trading volume peaked at $116 million, with assets such as $ORDI and $PIZABRC increasing 17% and 245%, respectively. In addition, the exchange announced...
LandRocker Presale’s Winning Combo Of P2E And Revenue Share – What Is $LRT Token
6.12.2023
New P2E project LandRocker has raised more than $1.7 million in its presale. Leveraging the winning combo of P2E and revenue-sharing, LandRocker is a unique game that combines NFTs and staking, creating an ecosystem that harmonizes play-to-earn and play-to-win to combat inflation while boosting...
OceanFi – Unleash Peak Wellness: Embrace a Holistic Ecosystem of Fitness, Integrations, Social Wellness, DeFi Innovations, Fitness Metaverse, and AI Trainer Excellence!
6.12.2023
1 . Introducing OceanFi – Unleash Peak Wellness! OceanFi positions itself at the convergence of cutting-edge technology and comprehensive well-being. It establishes an unparalleled platform for those interested in maintaining their physical fitness by offering a fresh combination of physical...
10 Best Layer 1 Crypto Projects to Watch in 2024
6.12.2023
Many cryptocurrency investors prefer layer 1 networks over secondary tokens, such as those following the ERC-20 or BEP-20 standards. After all, layer 1 blockchains determine their own consensus models, governance, and transaction processing. This guide analyzes the 10 best layer 1 crypto projects...
Is It Too Late to Buy PEPE? Pepe Price Spikes 40% as New Meme Coin Prepares to Launch
6.12.2023
The PEPE price has jumped by 13% in the past 24 hours, with its run to $0.00000156 also marking a very impressive 40% gain in a week. PEPE’s move comes as the market enjoys a Bitcoin-led rally, with the meme coin also up by 36% in the last 30 days and by 2,750% since its […]
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New Binance CEO Richard Teng Addresses Compliance Issues in First Interview
6.12.2023
Image Source: Binance Richard Teng, the newly appointed CEO of Binance, has faced a challenging debut during his first public interview. In an interview at the Financial Times’ Crypto and Digital Assets Summit in London, the crypto boss acknowledged that Binance’s compliance systems...
Is $TUK the New $TESLA? Find Out Why Investors Are Eager to Get Positioned in This Tesla for Developing Economies
6.12.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Investors quickly believe that $TUK has the potential to become the new $TESLA, evidenced by the speedy progress of its presale. $TUK, the native token behind eTukTuk, is quickly gaining popularity...
SocGen’s Own Stablecoin Set to Debut Trading on Bitstamp Exchange
6.12.2023
Source: AdobeStock / AUFORT Jérome French banking giant Societe Generale is listing its stablecoin, dubbed EUR CoinVertible, on the Luxembourg-based Bitstamp crypto exchange. EUR CoinVertible will be fully backed by Euros and issued on the Ethereum public blockchain, SocGen said in a release....
Hong Kong SFC Flags Potential Crypto Frauds Involving HongKongDAO and BitCuped
6.12.2023
Source: LT/Adobe Hong Kong Securities and Futures Commission (SFC) has issued a warning to the public about potential virtual asset-related frauds involving “HongKongDAO” and “BitCuped.” Collaborating with the Hong Kong Police Force, the SFC has taken decisive action...
Binance and CZ Settle With the DOJ and Other Federal Agencies
6.12.2023
On November 21, 2023, the Commodity Futures Trading Commission (CFTC), the Department of Treasury’s Finance Crimes Enforcement Network (FinCEN), its Office of Foreign Assets Control (OFAC), and the Department of Justice (DOJ) all settled charges against Binance, the world’s largest cryptocurrency...
Developer Says Ordinals Are Exploiting a “Vulnerability” to Spam Bitcoin Network, Proposes Bug Fix
6.12.2023
Image Source: Pixabay Bitcoin Core developer Luke Dashjr has proposed a bug fix to potentially alleviate the network congestion caused by new Ordinals and BRC-20 tokens. In a recent post on X (formerly Twitter), Dashjr claimed that these tokens are taking advantage of a vulnerability within...
IBM Unveils New Cold Storage Technology for Enhanced Crypto Asset Security
6.12.2023
Source: DALL·E IBM has announced the release of latest technology designed to enhance the security of cold storage for digital assets, aiming to revolutionize the way cryptos are managed and protected. The IBM Hyper Protect Offline Signing Orchestrator (OSO) is specifically developed to overcome...
Gold Bug Peter Schiff Predicts Bitcoin’s Swan Song, Heralds ‘Spectacular Collapse’
6.12.2023
Europac’s chief economist and known gold proponent Peter Schiff compared the gold and bitcoin rallies, explaining that the latest gold price pullback allowed bitcoin prices to pump. Nonetheless, Schiff believes that bitcoin will collapse spectacularly while gold prices will continue to rally....
Bitcoin Ordinals Token Tap $1 Billion Market Cap as BTC Moves Past $43,500
6.12.2023
Source: Pixabay / Michael Wuensch Bitcoin (BTC) has recorded a massive uptick in the past week surging above 14% as the wider market rebounds igniting bullish sentiments hinged on several factors. The refueled rally of the market leader comes on the heels of increased network activity pushed by...
Cathie Wood’s Ark Capitalizes on Bitcoin Rally, Sells Millions in Coinbase and GBTC Shares
6.12.2023
Source: Adobe Stock Cathie Wood’s Ark Invest is capitalizing on the recent surge as it offloaded millions of Coinbase and Grayscale Bitcoin Tryst shares when the leading crypto surpassed the $44,000 threshold. On Tuesday, the investment firm led by Wood sold over $33 million worth of Coinbase...
Crypto Mining Firm Phoenix Shares Surges 50% on Abu Dhabi Debut
6.12.2023
Source: Adobe Phoenix Group Plc, an Abu Dhabi-based Bitcoin mining and colocation service provider, has reported a significant 50% surge in shares. The company announced Sunday, its initial public offering (IPO) on the Abu Dhabi Securities Exchange (ADX), slated for December 5th. The event marked...