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Strict Canadian crypto exchange rules allowed Kraken clarity to invest there, exec says
17.8.2023
Kraken’s Canada managing director told Cointelegraph in an interview that attaining restricted dealer status provided a clear regulatory pathway
Bankman-Fried Donated $100 Million of FTX Money to Politicians, Prosecutors Claim
16.8.2023
Crypto exchange FTX founder Sam Bankman-Fried (SBF) spent more than $100 million of customer funds on political donations, according to an amended indictment. On Monday, U.S. federal prosecutors also alleged that he used two FTX executives as “straw donors” to evade contribution limits....
Paypal Pauses UK Crypto Purchases Amid Regulatory Changes; Assures Resumption in Early 2024
16.8.2023
In recent communications to its U.K. clientele, Paypal has announced a temporary suspension of cryptocurrency purchases starting October 1, 2023, with plans to resume in early 2024. Notably, even amidst this hiatus, users can continue to hold their crypto within the Paypal ecosystem and are free...
Coinbase thrives with Q2 earnings, InQubeta presale on fire as QUBE bulls aim for big gains
16.8.2023
In the ever-changing landscape of cryptocurrency, significant developments often create ripples that have long-lasting impacts on investor decisions and market directions. Two such noteworthy events have recently caught the industry’s attention. On the one hand, Coinbase, a prominent figure...
Biggest Movers: DOGE, XRP Fall to Multi-Week Lows, as Bearish Sentiment Intensifies
16.8.2023
Dogecoin dropped to a one-month low on Wednesday, as a red wave swept through cryptocurrency markets. Bearish sentiment remained high as the session progressed, with the global market cap falling by nearly 2% today. XRP also plunged in today’s session. Dogecoin (DOGE) Dogecoin (DOGE) fell...
2023 Centralized Crypto Exchange Study Highlights Winds of Change Among Top 10 Platforms
16.8.2023
In a report by the crypto market aggregation web portal Coingecko, Binance retains its crown in the centralized cryptocurrency exchange arena, but not without facing fierce competition and challenges. Binance Leads But Not Without Contenders, Says Coingecko’s Mid-Year Crypto Study According...
BNB has more utility than most cryptos, but Bitcoin Spark still wipes the floor with it
16.8.2023
Binance Coin aims to become a digital asset with extensive utility, offering diverse functionalities beyond digital currency. From discounted trading expenses to gifts, BNB rides on the Binance exchange to offer lower transaction costs. However, the emergence of Bitcoin Spark introduces a...
Compound & dYdX’s puzzle: How to keep up with VC Spectra’s rise?
16.8.2023
VC Spectra (SPCT) has begun to demonstrate its supremacy over crypto rivals like Compound (COMP) and dYdX (DYDX). Since its presale debut, VC Spectra has dazzled investors with its outstanding returns and unrivaled real-world utility. After raising $2.4 million in a private seed sale, VC Spectra...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit 1-Week Lows Ahead of FOMC Minutes
16.8.2023
Bitcoin neared a breakout below $29,000 on Wednesday, ahead of the release of anticipated Federal Open Market Committee (FOMC) minutes. The minutes will show the United States Fed’s reasoning behind its last rate hike, whilst also giving guidance on its future decisions. Ethereum dropped...
Stellar announces investment in MGI via Development Foundation
16.8.2023
Stellar has announced that it is investing in MoneyGram International, also known as MGI in short, through its Development Foundation. Stellar Development Foundation, often referred to as SDF, will hail the investment opportunity just 2 years after they executed their commercial agreement. Stellar...
Decoding Litecoin future: Halving impact and network metrics
16.8.2023
Recently, Litecoin completed its third halving event on August 2, 2023. This halving is significant for miners, slashing their rewards in half. The initial buzz was there, and Litecoin’s mining sector seemed to be on the rise, with promising growth. However, as we look closer...
Hedera’s tech breakthroughs: Pomerdoge leading the market with bullish growth
16.8.2023
Hedera’s technical indicators hint at a bullish trend and pullback rally for the next few months. However, it could depend on social engagement levels. In other news, Pomerdoge is pushing through to reach the top by gaining top-level investors and recording a price rise. Summary...
Binance Connect to go off air on August 16, 2023
16.8.2023
Binance Connect, previously known as Bifinity, is tentatively scheduled to shut down on August 16, 2023. The crypto on-ramp and payment infrastructure went live on March 07, 2022. After a year, the service is all set to be blown out by the venture. A spokesperson did interact with the media,...
Shibarium’s launch speculation creates buzz across the crypto world
16.8.2023
As one of the most popular meme coins, Shiba Inu holds a massive stature in the crypto community. Altcoin has been creating buzz throughout the crypto domain with its much-anticipated Shibarium mainnet launch. The crypto community has been eagerly waiting for the L2 blockchain by Shiba Inu. Now,...
SEC v. Ripple: Judge greenlights investment banker declarant's entry
16.8.2023
The court seeks to address issues related to orders that rejected the SEC's plea to seal the Hinman speech documents and Ripple's request to seal information regarding XRP sales
Singapore Announces Stablecoin Rules, MAS to Label Regulated Tokens
16.8.2023
The Monetary Authority of Singapore (MAS) unveiled regulations aimed at ensuring the value stability of each stablecoin regulated in the city-state. Under the new rules, issuers that want their fiat-pegged tokens to be labeled as “MAS-regulated” will have to meet certain requirements. Singapore...
The effect of Litecoin Halving & its adoption in crypto industry
16.8.2023
Litecoin Halving has been one of the most game-changing events in the crypto sports betting industry. Litecoin Halving occurs approximately every 4 years or 840,000 blocks. Halving is a process of reducing the amount of block rewards paid to the miners by half. Litecoin Halving is a hardcoded...
Former SEC Official Anticipates Exponential Shifts in Crypto Regulations After Election Day
16.8.2023
The U.S. Securities and Exchange Commission’s former head of internet enforcement has outlined potential changes in the U.S. and at the SEC that could have positive impacts on the crypto industry, including the approval of spot bitcoin exchange-traded funds (ETFs). The changes could include...
Ripple’s SEC saga continues, but all investor’s eyes are on InQubeta’s promising presale
15.8.2023
After securing a partial victory against the United States Securities and Exchange Commission (SEC), Ripple knew that wasn’t the end of its legal woes. In recent news, the Ripple and SEC saga continues, as the latter plans to appeal in the ongoing legal battle. In other news, InQubeta,...
Coinbase political initiative features US lawmaker who admitted to ethics violations
15.8.2023
Rep. David Schweikert, featured as a lawmaker “very supportive” of crypto in the United States, paid $175,000 as part of a settlement related to violations of House ethics rules