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Firms like OKX change marketing policies for FCA compliance
10.10.2023
The UK Financial Conduct Authority, or FCA, has introduced marketing regulations for crypto firms. The development comes at a time when the UK is looking to strengthen its oversight of its operations. A major part of the regulation seeks unregulated firms not to promote illegal financial products...
Will Dogelon Mars go up in 2023?
10.10.2023
Exploration and expansion are at the core of Dogelon Mars. It is different from its competitors with the inclusion of thrilling comics. Catching the attention of more than 650K X (formerly Twitter) users, Dogelon Mars is a thriving community. The mysterious and adventurous theme has garnered...
Monero’s growing adoption: Who’s using XMR and Why?
10.10.2023
Monero (XMR), a leading privacy-focused cryptocurrency, has steadily gained traction in the digital financial landscape. Its increasing adoption has sparked curiosity among crypto enthusiasts and mainstream investors alike. This growing interest stems from Monero’s unique attributes, prioritizing...
Estonia-Licensed Crypto Firms Blamed for €1 Billion in Damages
10.10.2023
Bad actors exploited Estonia’s once liberal licensing regime for crypto companies to defraud investors and commit other crimes, an investigative report claims. The authors say they discovered dozens of such cases, including scams and schemes for sanctions evasion and money laundering. Since Tallinn...
Analyst Warns of US Dollar Collapse, Predicts Bitcoin Owners to Benefit
10.10.2023
Global financial services firm Jefferies has warned of “the collapse of the U.S.-dollar paper standard to the benefit of both gold bullion owners and also owners of bitcoin.” He explained that the Federal Reserve, and other G7 central banks, “will not be able to exit from...
UK Regulator Issues 146 Crypto Alerts Within 24 Hours
10.10.2023
British financial regulator, the Financial Conduct Authority (FCA), has issued 146 crypto promotion alerts in the first 24 hours of its new crypto marketing regime. “We expect businesses including social media platforms, app stores, search engines, domain name registrars, and payments firms...
Report: Australian Police Seize Crypto Worth $1.5 Million From Dark Web Drug Dealer
10.10.2023
The police in the Australian state of South Australia recently seized cryptocurrency worth $1.5 million from an alleged dark web drug dealer. Police also recovered a “large quantity” of the synthetic opioid nitazene as well as tens of thousands of dollars in cash. ‘Illicit...
Prosecutors Seek to Exclude AI Startup Anthropic’s Valuation From Bankman-Fried Trial
9.10.2023
Amidst widespread media coverage highlighting Anthropic, the startup behind the generative artificial intelligence (AI) chatbot Claude and its pending multi-billion-dollar infusion, federal prosecutors overseeing the Sam Bankman-Fried case are pushing to sideline this subject during the trial....
Israel-Hamas Conflict Shakes Global Markets: Emerging Stocks and Crypto Slide, Oil and Metals Surge
9.10.2023
Global markets took a hit today as tensions between Israel and Hamas escalated into full-blown warfare over the weekend. The conflict has caused ripples across asset classes, sending emerging stocks and cryptocurrencies on a downward trend while boosting the value of oil and precious metals....
Chinese government-owned newspaper to launch NFT platform
9.10.2023
China Daily stated that digital collectibles sold on its platform may be bridged to the likes of Opensea and LooksRare
Ethereum Foundation Trades 1,700 ETH for $2.76 Million in USDC
9.10.2023
Blockchain sleuths spotted the Ethereum Foundation trading 1,700 ETH for a hefty $2.76 million in USDC stablecoins. This comes hot on the heels of Ethereum’s co-founder, Vitalik Buterin, transferring a cool $3.79 million in ether within a mere ten days. Ethereum Foundation Parts With...
MoonPay Unveils Cryptocurrency Swapping Feature in Its App – Here's the Latest
9.10.2023
Crypto payments infrastructure firm MoonPay has unveiled a new feature in its app that enables users to swap one cryptocurrency for another.
"Introducing Swaps! Unlock the value from the assets you already own by swapping over 1,500 trading pairs," the company said in a recent post on X (formerly...
Tensions in Israel Reverberate Globally — US Equities, Cryptos Falter Amid Mideast Conflict; Oil and Metals Capitalize
9.10.2023
Markets faced turbulence on Monday as all four major U.S. indices took a downward turn, influenced by the Israel-Hamas conflict which escalated into an outright war over the weekend. The crypto economy experienced a 1.8% dip against the U.S. dollar on the same day. Meanwhile, the onset of...
Biggest Movers: SHIB Hits 4-Month Low, as Red Wave Washes Over Crypto
9.10.2023
Shiba inu was a notable mover on Monday, as the meme coin fell by as much as 5% to start the week. Today’s decline comes as traders moved away from high-risk assets, in favor of safe-havens like gold. XRP also dropped in today’s session, hitting a three-week low in the process. Shiba...
Is ApeCoin Going to Zero? APE Price Falls by Almost 20% and AI Crypto Signals Platform Launchpad Can Find The Next Crypto to Explode
9.10.2023
ApeCoin (APE) suffered a punishing reversal this past week, with the cryptocurrency plummeting nearly 20% to hover precariously below its immediate support zone.
This sharp selloff comes amidst a spike in trading volumes, leaving APE vulnerable to further declines as traders weigh whether bears...
Vision for Cardano in 2024: Building on 2023’s progress
9.10.2023
Cardano’s 2023 was filled with developments. With two more months to go, it is safe to assume that the developers will carry forward the momentum for the remainder of the days. Having said that, the representatives of Cardano have come forward to shed light on the 2024 vision, stating that the year...
Another Set of Vintage 2012 ‘Sleeping Bitcoins’ Emerge From Dormancy With $6 Million Transfer
9.10.2023
Last month, 19 distinct bitcoin addresses from 2012 awakened, moving coins that had remained untouched for over 11 years. Fast forward to this month, and we’ve already seen four such transfers from 2012. This Sunday, at block heights 811,239 and 811,244, two addresses from that vintage year...
Bitcoin, Ethereum Technical Analysis: ETH, BTC Edge Lower as Mideast Tensions Rattle Markets
9.10.2023
Ethereum plunged below the $1,600 level to start the week, as global markets reacted to the escalating tensions in the Middle East. Crude oil prices rallied from a six-week low, climbing by over 4% overnight. Bitcoin gave up recent gains, as traders fled to more traditional safe-haven assets....
Will Dogelon Mars reach $1?
9.10.2023
The Dogelon Mars (ELON) cryptocurrency is gaining increasing traction in the world of cryptocurrencies. The currency bears the name of the celebrated entrepreneur Elon Musk. Considering its attractive name and the hype encircling space-themed tokens, investors and enthusiasts are curious to learn:...
SHIB and whale activity prices show no positive movement
9.10.2023
Shiba Inu has just witnessed one of the most inactive periods as a meme coin. Its whale activity and significant transactions have drastically fallen. The latter was seen flagging just 20 transactions on record. Significant transactions ideally denote major or high-volume transactions that happen...