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DeFi enforcement sparks dissenting opinion from CFTC commissioner
8.9.2023
The commissioner advocates public and stakeholder engagement through rulemaking, not just enforcement
Turkish crypto exchange Thodex CEO gets 11,000-year sentence for $2B scam: Report
8.9.2023
The Thodex founder fled the country in 2021 only to be detained in Albania in Aug. 2022 and extradited to Turkey in April 2023
Will Curve DAO & Optimism outshine the massive momentum of VC Spectra’s stage 3 presale?
8.9.2023
Top crypto coins Curve DAO (CRV) and Optimism (OP) have significantly progressed. While Curve DAO recently joined forces with BitTorrent Chain to foster DeFi growth, Optimism launched its highly anticipated world coin on its network. However, VC Spectra (SPCT) has also gained momentum in its public...
Metamask Wallet Users Can Now Cash Out Crypto to Fiat
8.9.2023
The popular Ethereum wallet Metamask has introduced a new feature allowing users to convert crypto to major fiat currencies. The “Sell” option currently supports cashing out ether (ETH) and is available to users in the U.S., the United Kingdom, and some European markets. New Feature...
Blockchain could have prevented Nigeria's naira scarcity effects - Local experts
8.9.2023
According to local stakeholders, the decision to print new naira notes could have occurred via DeFi, involving Nigerians and aiding readiness for the change
Africa's blockchain journey begins with poverty alleviation - CEO Sumotrust
8.9.2023
Africa must erase the poverty in general and help people into the middle class in order to drive faster blockchain technology incorporation
Coinbase Launches Crypto Lending Service for Institutional Investors
8.9.2023
Digital asset exchange Coinbase will be offering cryptocurrency loans to institutions in the United States. With the new service, the leading U.S. crypto trading platform seeks to fill the market gap opened by the collapse of companies like Celsius, Genesis, and Blockfi. Crypto Exchange Coinbase...
UK financial watchdog could give crypto firms until January 2024 for marketing compliance
7.9.2023
Companies offering crypto services to U.K. residents have an Oct. 8 deadline to run “clear, fair and not misleading” marketing campaigns, but some could have until Jan. 8
Biggest Movers: TON Moves Towards $1.90, XLM Remains Near Recent Highs
7.9.2023
Toncoin was a big mover on Thursday, as the token rose by nearly 4%, closing in on the $1.90 level in the process. The rally came despite crypto price consolidation, with the global market cap largely unchanged as of writing. Stellar also surged, remaining near a recent two-week high. Toncoin (TON)...
Ark Invest, 21shares, and Vaneck Forge Ahead With Spot Ethereum ETF Applications
7.9.2023
The U.S. Securities and Exchange Commission (SEC) has temporarily postponed its ruling on seven bitcoin exchange-traded fund (ETF) applications. Meanwhile, a fresh wave of applications has emerged, with Ark Invest and 21shares, in addition to Vaneck, seeking approval for spot ethereum ETFs. These...
Why Bitcoin Spark is the Future, leaving BNB and Polygon behind?
7.9.2023
Innovation is key to success in the cryptocurrency space, and Bitcoin Spark, a new project in the digital currency arena, is making waves with its unique approach and top-range features. As the crypto market becomes increasingly crowded, standing out from the competition is no easy feat without...
New low market cap crypto Bitcoin BSC (BTCBSC) begins presale, raises $100,000 in 48 hours
7.9.2023
The presale event for a new low market cap cryptocurrency – Bitcoin BSC (BTCBSC) – has raised over $100,000 since it launched on Monday, 5 September. Inspired by the early days of Bitcoin, when the world’s most famous cryptocurrency could be bought for less than a dollar each,...
Bitcoin, Ethereum Technical Analysis: ETH Stalls Around Key Price Floor, as BTC Bulls Remain Sidelined
7.9.2023
Ethereum continued to trade around a key price floor of $1,630 on Thursday, as price uncertainty in the market remained high. Volatility has slowed in recent days, leading to crypto prices mostly trending sideways. Bitcoin fell below a support point of its own earlier in today’s session....
Is Litecoin overrated? Exploring its demand amidst price changes
7.9.2023
Litecoin remains one of the first altcoins to be introduced worldwide in 2011. It was initially teased as an economical alternative to Bitcoin. It gained popularity only in 2021, when the token peaked at $417. However, things have been somewhat dismal for LTC, with the price slipping constantly...
Crypto Spot Market August Trading Volume Hits 4.5-Year Low as Volatility Fails to Spur Activity
7.9.2023
Volatility following the Grayscale's court victory over the SEC failed to translate into trading volumes on centralized exchanges, CCData said
Exploring Litecoin’s demand amidst lowered prices
7.9.2023
Litecoin remains one of the first altcoins to be introduced worldwide in 2011. It was initially teased as an economical alternative to Bitcoin. It gained popularity only in 2021, when the token peaked at $417. However, things have been somewhat dismal for LTC, with the price slipping constantly...
Monero’s roadmap: What’s ahead for the privacy-focused cryptocurrency
7.9.2023
People are realizing the true potential of prominent cryptocurrencies such as Monero (XMR) as digital currencies continue to gain popularity. Many have become successful by making money through crypto investments, crypto mining, and crypto gambling. In addition, their success has inspired more...
CBN missed opportunity for blockchain regulation in 2021 - Convexity CEO
7.9.2023
Mr. Owonibi stated that a blockchain regulation strategy should have been created by the Central Bank of Nigeria (CBN) in 2021 instead of cutting ties between cryptocurrency exchange firms and local banks
US Treasury, IRS propose cryptocurrency regulations for brokers
7.9.2023
Brokers — referred to as “digital asset middlemen” in the regulatory proposal — will be required to provide information on gains and losses incurred during the sale of crypto assets
Cardano role in entertainment transformation
7.9.2023
The media industry has always been one that moves quickly and changes to meet the needs and interests of its customers. One such invention, Cardano (ADA), has recently become more critical in transforming this business. Because of ADA’s advanced blockchain technology capabilities, how...