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New York Attorney General Sues Gemini Trust, Genesis Global, and DCG for Defrauding Customers
19.10.2023
New York Attorney General Letitia James has filed a complaint against popular crypto exchange Gemini, crypto lending firm Genesis, and crypto investment company Digital Currency Group (DCG).
The lawsuit also targets two executives, former Genesis CEO Michael Moro and DCG CEO Barry Silbert...
German Regulator Warns Consumers About MEXC's Crypto Custody
19.10.2023
The Federal Financial Supervisory Authority warned consumers that the MEXC exchange has been offering financial services without authorisation to do so
Bitcoin, Ethereum Technical Analysis: BTC Bulls Secure Gains, Following a Recent Multi-Month High
18.10.2023
Bitcoin stalled in today’s session, as traders consolidated gains, following a recent two-month high. The global market cap is trading 0.01% lower as of writing, with the cryptocurrency remaining above the $28,000 level. Ethereum has been marginally higher, and continues to hover around...
Global Regulator: Crypto Exposure Reporting Should Be Mandatory for Banks
18.10.2023
The Basel Committee on Banking Supervision has underscored the importance of disclosing banks' cryptoasset exposures, emphasizing the need for standardized reporting and greater transparency in the crypto space.
In a consultative document, the committee proposed mandatory reporting requirements...
Report: Valr Partnership With Visa to Expand the Reach of the South African Crypto Exchange
18.10.2023
The South African crypto exchange Valr said its partnership with the global card firm Visa is set to expand the former’s reach. The two companies said they would work on a solution that enables Valr customers to use the card firm’s network to make or receive payments. Harnessing Visa’s...
Blackrock CEO Larry Fink Sees Global Demand and ‘Pent-up Interest in Crypto’ Amid Israel-Hamas War
18.10.2023
Larry Fink, the CEO of the world’s largest asset manager, Blackrock, sees the recent bitcoin rally as “an example of the pent-up interest in crypto.” Noting that as the Israel-Hamas war rages on, more people will be running to bitcoin as “a flight to quality,” the executive...
Biggest Movers: TON Hovers Above $2, ADA Bears End 4-Day Winning Run
17.10.2023
Toncoin rose for a third straight day on Tuesday, despite crypto markets mostly stalling in today’s session. At the time of writing, the global market cap is up 0.02%, as traders move to secure Monday’s gains. Cardano was in the red, following a four-day bull run. Toncoin (TON)...
Banks Must Disclose Crypto Exposures, Global Regulator Says
17.10.2023
The guidance will ensure transparency and market discipline, the Basel Committee on Banking Supervision said
Unlocking the Power of Web3 and AI: Insights from the 2023 Global Summit
16.10.2023
PRESS RELEASE. USA, 230928 – The Worldwide AI & Web3 Summit, held on September 28 – 29, 2023, brought together industry leaders from enterprises such as HAI Stanford, Berkeley/HAAS, Google Deepmind, NVIDIA, and Meta to explore the intersection of AI and Web3 technologies and their...
Investment Banks See Uncertain Path Ahead as Middle East Crisis Unfolds
16.10.2023
Major U.S. investment banks are urging caution and flexibility as the crisis sparked by a surprise Hamas attack on Israel earlier this month continues to evolve. Analyst notes from JPMorgan and Morgan Stanley provide insight into how Wall Street is interpreting events on the ground and potential...
Agnostic Nature of Blockchain Technology ‘Makes It the Ideal Foundation for Global Travel Industry’ — Pablo Castillo
16.10.2023
Although the travel industry is said to be in great need of digital innovation, according to Pablo Castillo, the CTO of the blockchain-based travel firm Chain4travel, “aviation is the most obvious sector to innovate with blockchain.” To support this assertion, Castillo, a former group...
UAE Government Unveils White Paper Focused on Metaverse Regulation
15.10.2023
The United Arab Emirates government recently announced the unveiling of a white paper which underscores the potential of the metaverse but also the areas “where the global community must strengthen its preparedness.” Globally Accepted Standards The United Arab Emirates government...
Latin America takes global lead in preference for centralized exchanges: Report
15.10.2023
According to Chainalysis, Latin American crypto users show a significant preference for centralized exchanges, in contrast to the worldwide pattern
JPMorgan CEO Warns of ‘Most Dangerous Time the World Has Seen in Decades’
15.10.2023
JPMorgan Chase CEO Jamie Dimon has warned of “the most dangerous time the world has seen in decades.” The executive explained that “the war in Ukraine compounded by last week’s attacks on Israel may have far-reaching impacts on energy and food markets, global trade, and geopolitical...
Biggest Movers: SHIB Hits 6-Day High to Start the Weekend
14.10.2023
Saturday saw shiba inu climb to its highest point since Monday, as bulls made a slight return to the market. The meme coin rose by as much as 4% on Saturday, as the global crypto market cap made gradual gains to start the weekend. Solana was another notable mover, climbing above the $22.00 zone....
Bitcoin, Ethereum Technical Analysis: BTC Falls on Saturday, Following Brief Spell Above $27,000
14.10.2023
Bitcoin retreated from a brief spell above $27,000 on Saturday, as uncertainty in the market remained high to start the weekend. The global cryptocurrency market was marginally higher to start the weekend, trading 0.42% higher as of writing. Ethereum continued to consolidate above a recent floor...
XRP Price Prediction as XRP Enters Top 5 Global Crypto Rankings – Can It Reach $10 in 2023?
14.10.2023
Ripple's XRP sits at a price of $0.483626, marking a minor increase of 0.45% within the past 24 hours but down approximately 7.5% in a week. The trading volume over the day spanned $635.59 million.
At present, XRP's rank on CoinMarketCap is #5, boasting a market cap of $25.85 billion....
Stablecoin Market Navigates Shifting Sands as Tether Announces New CEO and USDR Depegs
13.10.2023
The stablecoin landscape has been stagnant for the last two months, barely exceeding $123 billion as we approach the third week of October. Even though fiat-pegged token trading saw a spike this week, on October 13, stablecoin transactions made up 22.96% of the global crypto economy’s trade...
Worldcoin Unveils Enhanced State Bridge; Registers 2.35M Users as WLD Market Dynamics Shift
13.10.2023
This week, the iris-scanning Worldcoin project introduced a state bridge into its framework. This feature enables users to create and link their own bridge with the global identity, World ID, and any blockchain that’s Ethereum Virtual Machine (EVM) compatible. Data further shows that...
BBACHAIN Layer I Blockchain Technology: A Revolutionary Leap in the Crypto Space, Unveiling at Upcoming Global Events
13.10.2023
PRESS RELEASE. Imagine a world where technology not only meets financial innovation but also crafts a future where transactions are not merely conducted but are optimized for user benefit and technological advancement. This is not a distant dream but a tangible reality brought to life by BBACHAIN...