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Uphold to delist USDT and 5 stablecoins by July 1, citing MiCA
18.6.2024
Apart from Uphold, other major crypto exchanges, including Binance, Kraken and OKX, also tweaked their stablecoin listing policies to comply with MiCA regulations
Bitfinex Becomes First Exchange to List New USD-Denominated, Gold-Tethered Asset
18.6.2024
Bitfinex, a leading digital asset trading platform, has announced the listing of a new USD-denominated Tethered Asset, AUSDT, by Alloy by Tether. This innovative offering tethers its value to Tether Gold, backed by physical gold, introducing a new level of stability and reliability to the volatile...
BlockDAG’s Keynote 2 catalyzes a staggering 1120% price surge, alongside notable rises in Toncoin and Dogecoin
18.6.2024
Toncoin’s price recently leaped to $6.41, demonstrating substantial growth. At the same time, Dogecoin achieved a modest increase of 1.08%, lifting its price to $0.1631, fueled by burgeoning institutional interest. During this climb, BlockDAG shone brightly with its latest Keynote 2, which...
'Buy the dip?' Bitcoin price drops to new 1-month lows of $64K
18.6.2024
Bitcoin returns to $64,000 for the first time since mid-May as a BTC price rebound gets canceled out in hours
41% of top ZK airdrop wallets have already sold everything: Nansen
18.6.2024
The data covered the “top 10,000 addresses” that received zkSync’s new ZK token, though that only makes up 1.4% of the total wallets eligible for the ZK airdrop
‘No clear catalyst’ as altcoin bloodbath sees top coins dip double digits
18.6.2024
Crypto market analysts suggest the altcoin stumble may be tied to a recent spate of spot Bitcoin ETF outflow
Zimbabwean Regulators Develop Framework for Virtual Assets Trading
18.6.2024
The Securities and Exchange Commission of Zimbabwe (SECZ) and the Reserve Bank of Zimbabwe (RBZ) are reportedly developing a framework for virtual asset trading. The framework aims to provide clear legislation, client protection under the Data Protection Act, and educational support. Challenges...
Korean Exchanges Set to Reevaluate Over 600 Listed Virtual Assets
18.6.2024
South Korean cryptocurrency exchanges are set to reevaluate more than 600 digital assets, and those failing this process will ultimately be delisted. Once the process is completed, crypto exchanges will be required to conduct maintenance reviews quarterly. The reputation of the issuers and user...
Tanzania Targets Crypto Traders With Proposed Income Tax Act Amendment
18.6.2024
Tanzania plans to amend its Income Tax Act to tax crypto trades. The proposal includes a three per cent withholding tax on income from digital asset transactions. Digital platform owners or facilitators of digital asset transfers will act as withholding agents. Foreign citizens operating such...
Trump token dumps 31% despite doubts he’s behind the DJT token
18.6.2024
Trump hasn’t confirmed or denied ties to the DJT token but a blockchain analytics firm and industry leaders raised doubt that it was launched by Trump’s team
TikTok could soon be flooded with AI avatars in ads
18.6.2024
TikTok’s new tools include AI-powered digital avatars that brands can dub over and use to sell their products in multiple languages
Wasabi Wallet Lead Developer: ‘Bitcoin Developers Are Failing El Salvador’
18.6.2024
Adam Ficsor, the lead developer of Wasabi Wallet, a privacy-centric Bitcoin wallet, has revealed his position regarding the slow adoption of Bitcoin in El Salvador. In a recent interview, Ficsor stated that Bitcoin developers have failed El Salvador, having been unable to improve the situation...
Financial Stability Board Emphasizes Need for Global Crypto Regulation to Prevent Arbitrage
18.6.2024
The Financial Stability Board (FSB) Plenary met in Toronto on June 14 to discuss various financial stability issues. Key topics included the financial stability outlook, lessons from the March 2023 banking turmoil, and enhancing the resilience of non-bank financial intermediation (NBFI). The...
Signal boss slams EU’s latest ‘upload moderation’ surveillance ploy
18.6.2024
The Chat Control law is aimed at combating child exploitation material, but Meredith Whittaker said it’s just the latest proposed tactic to undermine encryption
Fidelity’s Director of Global Macro Sees Bitcoin as ‘Exponential Gold’ on Store of Value Team
18.6.2024
Fidelity Investments’ Director of Global Macro sees bitcoin as “exponential gold” and “an aspiring player on the store of value team.” According to his analysis, bitcoin’s price is “driven primarily by the growth in its network, which is in turn driven...
'DJT' Solana Token Surges on Unconfirmed Report Trump's Behind It
18.6.2024
The former president's son Barron is spearheading the project, Pirate Wires reported on X, without naming its sources
SEC’s Crypto Enforcement Chief Departs After 9 Years
18.6.2024
The head of the Crypto Asset and Cyber Unit at the U.S. Securities and Exchange Commission (SEC)’s Division of Enforcement has left the agency after nine years of service. Under his guidance, the SEC took many enforcement actions against crypto firms, including major crypto trading exchanges...
JPMorgan Questions Sustainability of $12 Billion Crypto Inflows
18.6.2024
JPMorgan analysts have raised concerns about the sustainability of the $12 billion year-to-date inflow into crypto assets, given the current high bitcoin prices relative to production costs and gold. The substantial inflows this year have been primarily driven by spot bitcoin exchange-traded funds...
Crypto Super PAC spends $2M on attack ad targeting NY lawmaker
17.6.2024
Democratic Representative Jamaal Bowman in New York’s 16th Congressional District has voted against three pro-crypto bills in the last 30 days
Ethiopia takes first step toward CBDC in economic reform
17.6.2024
The country plans to have a legal framework and regulatory sandbox in place for CBDC introduction “as necessary.”