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Bill Seeks to Oblige South Korean Lawmakers to Declare Crypto Assets
24.5.2023
A new bill requiring South Korean lawmakers to disclose their cryptocurrency holdings has been proposed in Seoul. The legislative initiative comes amid a snowballing scandal surrounding the crypto dealings of an opposition lawmaker whose case has been referred to the parliamentary ethics committee....
In Crypto Cybersecurity, Ambiguity May Help - Ex-BNY Mellon Exec
24.5.2023
Leaving room in guidelines for interpretation and for a developing sector to self-regulate, grow, and change – instead of setting rigid laws to strictly follow – is likely the best choice for crypto cybersecurity regulation, said David Schwed former head of digital assets technology at banking...
AirGap announces staking functionality for Internet Computer Protocol
24.5.2023
AirGap earlier launched support for ICP or Internet Computer Protocol. It has now announced that it will support the staking functionality for the token. This is indeed an exciting development for the community, which will now be able to stake their ICP tokens and enjoy benefits including, but...
Bankrupt Crypto Exchange FTX Continues to Explore Potential Relaunch, Court Records Reveal
23.5.2023
Recently submitted court records in the FTX insolvency case reveal that the exchange’s new CEO, John Ray III, has been exploring a revival plan for the now-disabled trading platform and the “preliminary formation of restructuring strategies.” FTX’s Revival Prospects Surface...
Coinbase continues effort to get mandamus for SEC response to rulemaking petition
23.5.2023
The cryptocurrency exchange filed a petition for rulemaking with the SEC in July and was served a Wells notice for potential violations of securities law in March
LTC & XRP collapse as InQubeta presale achieves unprecedented traction
23.5.2023
Investors have grown accustomed to the ever-changing landscape of the cryptocurrency world, where unpredictable developments and volatile price swings are now the norm. In the latest twist, Litecoin (LTC) and XRP have suffered a major collapse in value. This comes as a new player in the market...
Biggest Movers: SHIB, BNB Rebound From Key Price Floors on Tuesday
23.5.2023
Shiba Inu climbed to a two-week high on Tuesday, as bullish sentiment returned to cryptocurrency markets. The meme coin rose by as much as 2% in today’s session, as the global crypto market cap surged by the same amount. BNB was another notable gainer today. Shiba Inu (SHIB) Shiba inu (SHIB)...
Stop buying the top of memecoins, Avorak provides real use case
23.5.2023
In cryptocurrencies, meme coins have become popular, with top tokens like Dogecoin and Shiba Inu attracting enormous interest and investment. While investing in meme coins can potentially result in huge returns, several drawbacks and hazards must be considered. However, investing in emerging coins...
As TMS Network soars to new heights, Aptos & Hedera scramble to keep up
23.5.2023
2022 was a brutal year for cryptocurrencies and the digital asset space in general. The collapse of Terra and FTX led to an unprecedented crash in the crypto market. But thankfully, 2023 has brought good tidings for the industry. Although the highs of 2021 have not been reached, there have been...
Hybrid exchange Tradecurve to challenge Coinbase
23.5.2023
Today, we delve into the latest news, where the hybrid exchange Tradecurve (TCRV) is set to challenge the well-established Coinbase. As Tradecurve makes its mark in the industry, it presents a formidable contender, offering unique features and a fresh perspective on digital asset trading. Join...
PEPE price crashes 65% in two weeks as top whales take profits — More pain ahead?
23.5.2023
Top Pepe mania profiteers have dumped their PEPE tokens en masse, suggesting declining holding interest among whales
UK Parliament's Treasury Committee Calls for Cryptocurrency Regulation, Citing Gambling-Like Risks
23.5.2023
The UK Parliament’s Treasury Committee has called for unbacked cryptocurrencies to be regulated in the same way as gambling, saying speculation in these assets “more closely resembles gambling than it does a financial service.”
“Regardless of the regulatory regime, their price volatility...
DCG Fails to Make $630M Payment to Creditors Amid Genesis Negotiations, Says Gemini
23.5.2023
In the midst of the financial dispute between crypto exchange Gemini and Digital Currency Group (DCG), Gemini has alleged that DCG failed to make a payment of around $630 million that was due last week. In response, Gemini has stated that it may extend “forbearance” to DCG in order...
South Korea to Amend Public Service Ethics Act, Mandating Disclosure of Cryptocurrency Holdings
23.5.2023
The South Korean government has drafted an amendment to an existing law, which would require public officials to disclose their cryptocurrency holdings.
According to the draft, public officials are abusing their positions, as well as the fact that the current Public Service Ethics Act does...
Hong Kong to open crypto exchange access for retail users, but there's a catch
23.5.2023
Hong Kong's securities watchdog announced new plans to allow retail investor access to virtual assets platform
Strike announces to integrate Tether (USD₮)
23.5.2023
Strike has announced its plans to integrate Tether (USD₮) in the days to come. This marks a significant development in the crypto industry, for users will be able to witness a widespread adoption of stablecoin on the network. Making this announcement stronger is the shared vision of Strike...
Best Crypto to Buy Now 22 May – Render, Copium, Tron, AiDoge.com, Apecoin, Sponge, Ecoterra
23.5.2023
With the crypto markets seeing less trading volume, Bitcoin's price fluctuations have mellowed lately.
However, on-chain data shows that long-term Bitcoin holders are continuing to hold on to their positions.
As a result, Bitcoin is presently trading within a tight price range. Given this, what...
Bitcoin volatility drops amid decline in liquidity, but a possible catalyst is approaching
22.5.2023
Bitcoin volatility has dropped as new liquidity is not flowing into the market, but on-chain data presents multiple reasons why BTC investors continue to hold
Uncertainty for Bitcoin 30k price point has many investors turning to DigiToads presale
22.5.2023
The crypto market is uncertain as Bitcoin prices fluctuate between $26K and $31K. This volatility has caused many investors to look for alternative investments that are more stable and provide greater returns. One such investment is the DigiToads (TOADS) presale, a unique opportunity to get in...
Dormant Bitcoin Wallet From 2010 Makes Rare Transaction on 13th Anniversary of Bitcoin Pizza Day
22.5.2023
As bitcoin enthusiasts commemorate Bitcoin Pizza Day, marking the 13th anniversary of Laszlo Hanyecz’s acquisition of two pizzas for 10,000 BTC on May 22, a dormant sleeping bitcoin wallet from July 2010 has made a transaction of 50 BTC after almost 13 years. Bitcoin Wallet From 2010 Comes...