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Prometheum Testimony Raises Doubts: Crypto Community Questions Credibility Amid Regulatory Clarity Hearing
15.6.2023
The crypto community is abuzz with discussions on social media about the recent United States House Committee hearing held on June 13, 2023, which delved into regulatory clarity within the crypto industry. Notably, the co-CEO of an obscure cryptocurrency broker named Prometheum expressed support...
Green crypto projects are resilient even during “Winter”, DigiToads is a gem not to miss out on
15.6.2023
Green crypto projects have proven to be resilient, even during the crypto market’s downtimes, often referred to as “winter”. These projects prioritize sustainability and eco-friendly practices, which contribute to a greener future and help maintain their stability in the face...
50 Dormant Bitcoins Worth $1.25 Million Wake Up After 12-Year Slumber
15.6.2023
A dormant Bitcoin address holding 50 Bitcoin, valued at approximately $1.25 million, suddenly sprang to life on June 15 after being inactive since June 21, 2010. This month has seen only one 2010 block reward transfer, with the previous two taking place on May 22, 2023. $1.25 Million in Bitcoin...
Get in on the ground floor of the AI revolution with InQubeta
15.6.2023
It is no secret that AI technology is one of the most popular innovations of recent times. Many DeFi crypto enthusiasts and analysts have begun looking for ways to join the evolution of AI technology. This has prompted the creation of cryptocurrencies that offer a chance to earn from the AI market...
Dubai's VARA approves OKX 'preparatory' license as part of exchange's expansion plans
15.6.2023
The middle eastern arm of the exchange said it had opened an office in the Dubai World Trade Center and planned to increase its staff to 30 people
Bittrex withdrawals set to resume after bankruptcy court gives green light
15.6.2023
The court left the issue of the subordinacy of government claims open; Bittrex received multimillion-dollar credits from FinCEN and OFAC
New York bans CoinEx exchange, seizes $1.7M in crypto assets
15.6.2023
CoinEx was shut down for failing to register as a broker-dealer and for "falsely representing itself as a crypto exchange," the NYAG said
Massive Axie Infinity and Decentraland price slump presents buy opportunity, trade with this AI crypto algo
15.6.2023
Price slumps in crypto circles may imply a declining asset value in ordinary assets but an investment opportunity to get into prominent projects. Such price drops in Axie Infinity and Decentraland have captured the attention of those who believe in the long-term potential of these projects....
OKX received MVP preparatory license from VARA
15.6.2023
OKX recently announced receiving an MVP (Minimum Viable Product) preparatory license from Dubai‘s Virtual Assets Regulatory Authority (VARA). Dubai has always been the main strategic business hub for the OKX exchange around the world, and the platform has plans to scale its operations for...
NFT activity is down over 90%; will DigiToads spark demand?
15.6.2023
The blockchain industry has recently seen a significant decline in the activity surrounding non-fungible tokens (NFTs). However, this narrative could be on the verge of a drastic change. This change could come from an unexpected corner of the crypto-sphere, embodied by an amphibian king of...
Circle’s Gordon pitches the idea of stablecoins
15.6.2023
Stablecoins are a type of digital tokens that are pegged to a fiat currency, USD, for instance, and their valuation is determined accordingly. They are comparatively safe for usage within the ecosystem. However, stablecoins have always been looked at as casino chips. Meaning something that...
Hong Kong Welcomes Crypto Exchanges Following SEC Crackdown, Lawmaker Says
15.6.2023
A Hong Kong lawmaker has invited global cryptocurrency exchanges, including the Nasdaq-listed Coinbase, to register in Hong Kong to provide crypto services. “Please feel free to approach me and I am happy to provide any assistance,” the lawmaker noted. Hong Kong Welcomes Crypto Exchanges Hong Kong...
DEXs can’t be regulated like exchanges: Coinbase to SEC
15.6.2023
The U.S. Securities and Exchange Commission (SEC) has received a letter from the cryptocurrency exchange Coinbase claiming that the DEX cannot be controlled. The statement continues by saying that decentralized exchanges are not subject to the same laws as centralized exchanges, which were...
Here's what Nigeria's naira float means for its crypto market
15.6.2023
This reduces the likelihood of artificial price differences between the naira and cryptocurrencies in different markets
Microstrategy’s Saylor Envisions Bitcoin-Only Future for Crypto Industry as US Regulators Hammer the Sector
15.6.2023
According to Microstrategy founder Michael Saylor, regulators perceive no “legitimate path forward” for cryptocurrencies such as stablecoins, crypto securities, and tokens. In an interview with Bloomberg on Tuesday, Saylor emphasized that the entire industry is bound...
US prosecutors say SBF will be tried on original 8 criminal charges — for now
15.6.2023
DoJ lawyers said the decision came following litigation filed by the FTX co-founder in the Bahamas protesting the additional charges, which could be lengthy
How to make extra cash at home with FancyCrypto Cloud Mining?
15.6.2023
The cloud mining of the cryptocurrency landscape has motivated many to earn extra cash from the comfort of their homes. Cloud mining enables all investors to generate a passive income with a simple internet connection and minimal investment. However, the key is to find a reliable platform before...
Register Here for a Weekly News Update on Latin America
15.6.2023
Due to the unique traits it presents, Latin America has been a thriving region for cryptocurrency, as the technology aims to complement or even substitute traditional finance components that cannot be used in certain countries in the area. Marked by the vast differences between its countries...
Coinbase Cold Wallet Stir: Rumors and Misinformation Surround Significant Ethereum Transfer
14.6.2023
On June 13, 2023, several individuals discovered a significant transfer of Ethereum (ETH) that had remained dormant for a few years. While the observers believed the funds were being deposited into Coinbase, they shared this information on social media to highlight the unusual occurrence. However...
Haru Invest files criminal complaint against consignment operator
14.6.2023
The South Korean yield platform said it has filed a criminal complaint against B&S Holdings and plans to initiate civil proceedings as well