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Russian Law Enforcement Prepares to Seize Crypto Assets, Seeks Permission to Set Up Wallets
9.4.2023
Russian investigators are pressing the parliament and government in Moscow for permission to open their own cryptocurrency wallets. This would allow law enforcement agencies to seize digital assets during criminal cases and eventually sell them, something that authorities in the United States...
Ethereum Shanghai hard fork: ETH price set for more gains versus Bitcoin in April
8.4.2023
Ethereum price has been gaining momentum in April, even against Bitcoin, as the much-anticipated Shanghai hard fork is just days away
ECB Board Member Warns EU’s New Crypto Rules Not Sufficient
8.4.2023
A European Central Bank Supervisory Board member has warned that the crypto rules in the EU’s Markets in Crypto-Assets (MiCA) bill “will not be sufficient on their own.” While emphasizing that “MiCA will set out important safeguards to prevent incidents similar to the...
Solana set to deploy State Compression to lower the NFT minting cost
7.4.2023
Solana has currently dominated the market in terms of the most cost-effective minting pricing for non-fungible tokens. Compare it to Ethereum, and the difference reflects that while the cost is still on the lower side, State Compression further brings it down. To explain briefly, state compression...
South African Professor Accuses US Regulators of Attempting to ‘Assassinate Crypto’
6.4.2023
The United States’ attempts to “assassinate crypto” are illegal and unlikely to succeed because “crypto is global,” Steven Boykey Sidley, a South African professor and author, has argued. According to Sidley, many formerly U.S.-based companies and innovators have...
Singapore Authorities to Set Best Practices for Crypto Client Vetting in Banks
6.4.2023
Singapore officials are collaborating with local banks to develop uniform standards for evaluating customers in the digital asset sector in the aftermath of significant global disruptions in the industry.
The Monetary Authority of Singapore and the police have been working with lenders in...
Dogecoin Futures Set Record After Twitter Adopts Shiba Inu Logo
5.4.2023
Open interest, which can be used to determine market strength behind price trends, jumped to all-time highs in dogecoin terms
Hong Kong’s crypto rules set a high bar for ‘good reason,’ says SFC advisor
5.4.2023
Lucy Gazmararian, an advisory board member to Hong Kong's securities regulator said its crypto rules may present short-term challenges to crypto startups
Alleged Kenyan Bill Proposes Widening Definition of Securities to Include Crypto Assets
4.4.2023
A bill seeking to put blockchain and crypto assets under the purview of the Kenyan Capital Markets Authority is supposedly set to be debated in the country’s parliament. The bill also seeks to “widen the meaning of ‘securities’ to capture digital currencies.”...
Bittrex is all set to withdraw from the US market
3.4.2023
Kraken Exchange is done with its staking services. Coinbase and Binance are fighting their respective cases. Meanwhile, Bittrex has also entered the space with an announcement that it will soon shutter its services in the US market. Specifically speaking, the Seattle-based crypto venture will stop...
Investors flock to purchase Shiba Inu, Dogecoin, and TMS Network as all 3 are set to rocket!
2.4.2023
As the market rally continues, investors are scouring the market to capitalize on the move. This is despite fears of a banking crisis in the US. Projects like Shiba Inu (SHIB) and Dogecoin (DOGE) are well-known among market participants. However, a new project is coming to investors’ attention....
Shappela Set, CZ Accused, SBF Legaled, Do Kwon Wronged, King Kidnapped and 20 Crypto Jokes
1.4.2023
This week in crypto, Bitcoin was set to close out its best quarter in exactly two years, Ethereum core developers announced the date for the long-awaited Shapella upgrade launch, Galaxy Digital lost a whopping $1 billion on its investment last year due to “depressed market conditions,” and Coinbase...
BRICS Emerges as the World’s Largest GDP Bloc, Propelled by China’s Rapid Expansion
31.3.2023
BRICS, a set of countries grouped as an alternative to the G7, is now the world’s largest gross domestic product (GDP) bloc, taking purchasing power parity into account, according to reports from Acorn Macro Consulting. Powered By China’s growth, the group now contributes 31.5% to...
Hong Kong-Based Fund Set to Raise $100 Million for Web3 Startups Amid City's Crypto Revamp
30.3.2023
A new Hong Kong-based fund is set to raise $100 million to invest in crypto companies as the city is accelerating toward its goal of becoming a global crypto hub with a more friendly regulatory stance.
The ProDigital Future Fund has already secured $30 million in commitments from major Asian...
Ethereum devs set date for Shapella fork and mainnet announcement
30.3.2023
Ethereum Foundation’s support team has published an official blog post to announce a major update for Shapella. The 157th AllCoreDevs Execution Layer meeting was held recently, and it has been decided that the mainnet update will go live on April 12, 2023, at 22:27:35 UTC. That is when the epoch...
Electi Consulting & VeChain set up ETH tools to boost Web3 adoption
29.3.2023
Electi Consulting, which happens to be a leader in technology consultancy, together with Vechain, happens to be setting up some of Ethereum’s most effective tools, along with carrying out rearrangements of Vechain’s developer documentation. Vechain, on the other hand, happens to be working...
Bitcoin is Set to Disrupt Africa's $85 Billion Financial System – Here's What You Need to Know
27.3.2023
Bitcoin (BTC) is on its way to become the currency of choice for moving money between African countries, a new CNBC report has revealed.
The wide-ranging report, authored by CNBC’s crypto reporter MacKenzie Sigalos, came three months after the conclusion of the inaugural Africa Bitcoin Conference...
Japan Set to Ask G7 & G20 to Bolster Crypto Regulation – And Not For the First Time
27.3.2023
Japan is set to make another attempt to convince G7 and G20 leaders to adopt streamlined crypto regulations.
Per Kyodo News, the Japanese government is set to take advantage of the fact that it will host a G7 summit in Hiroshima this May. Host nations are allowed to add items to the summit’s...
Report: Regulations Governing Tokenized Deposits and Crypto Assets in South Africa Set to Effect in January 2025
26.3.2023
Regulations governing tokenized deposits and crypto assets are likely to become effective on Jan. 1, 2025, a senior fintech analyst at the South African central bank has revealed. However, according to the analyst, regulators are still trying to understand or learn the risks that come with using...
Exclusive Interview: Tether Co-Founder Says FTX Collapse Set Industry Back, But This One Event Could Cause a 75% Crash
24.3.2023
When it comes to the world of cryptocurrency, few names are as well-known as William Quigley.
As the co-founder of Tether and CEO of WAX, he has played a pivotal role in shaping the industry and driving its growth.
Recently, Cryptonews had the opportunity to sit down with Mr. Quigley to discuss...