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Meme Coin PEPE’s Market Cap Surpasses $1B with 896% Surge Over the Past Week
5.5.2023
As per the latest statistics recorded before the weekend, the meme token PEPE has witnessed a massive surge in value, following its recent listing on the crypto exchange Binance. In just seven days, the crypto asset has skyrocketed by 896% against the U.S. dollar, making it the third-largest meme...
Will Biden's plan to tax crypto mining reduce emissions? Critics say no
5.5.2023
The tax is intended to reduce greenhouse gas emissions, electricity costs and local environmental pollution, but has not been kindly received by the crypto community
New York AG's office seeks additional authority over crypto firms
5.5.2023
Under a bill proposed by New York Attorney General Letitia James, crypto exchanges could be required to reimburse users who were the victims of fraud
Today in Crypto: Voyager Might Start Fund Distribution in ‘Few Weeks’, Jack Dorsey’s Cash App Posts $2.16B in BTC Revenue for Q1, UK Continues Crypto ATM Crackdown
5.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Voyager Might Start Fund Distribution in ‘Few Weeks’, Jack Dorsey’s Cash App Posts $2.16B in BTC Revenue...
UK Regulator Descends Upon Illegal Crypto ATMs in Latest Raid
5.5.2023
The UK’s financial regulator, along with local police, descended upon illegally operated cryptocurrency automatic teller machines (ATMs) as part of a continued crackdown.
The Financial Conduct Authority inspected sites in Exeter, Nottingham and Sheffield to stop the illegal activity, the regulator...
VC Darling Crypto Sui Makes Waves With Market Debut, Price Sinks 37% From All-Time High
5.5.2023
A buzz has been generated around a new layer one (L1) proof-of-stake blockchain initiative named Sui, following the network’s mainnet debut on May 3, 2023. The native token SUI has been listed on various cryptocurrency exchanges, drawing attention to the project. On the same day the network...
Coinbase Faces Existential Risk as SEC Increases Scrutiny on Crypto
5.5.2023
The US-based crypto exchange Coinbase is facing an “existential risk” as the Securities and Exchange Commission (SEC) continues its crackdown on the crypto industry, a financial analyst has warned.
The warning from the analyst followed renewed concerns among Coinbase investors that tokens listed...
China’s crypto stance unchanged by moves in Hong Kong, says exec
5.5.2023
Crypto developments in Hong Kong do not mean China has softened or will soften its approach to regulating Bitcoin
New York Attorney General Seeks New Crypto Powers for State Regulators: Report
5.5.2023
The bill follows legal suits taken by Letitia James in connection to crypto companies like Celsius, CoinEx and Nexo
Crypto Regulation Halts Growth of S Korean Web3 Unicorns, Warns Professor
5.5.2023
A leading South Korean professor says that restrictive crypto laws are stopping Web3 unicorns from growing in the nation.
The expert also claimed that banks and other financial market players should be allowed to move more freely in the crypto market.
According to EDaily, the Web3 comments came...
Should crypto be rebranded?
5.5.2023
What people need to realize is that the technology of blockchain, and the shenanigans that some people pull, are two totally different things
PEPE memecoin hits $1 billion market cap fueled by Binance listing
5.5.2023
The price of the new frog-themed memecoin has surged more than 4,000% since its inception on April 14
Exploring the Crypto World: Join the CoinEx Pizza Month for Multiple Giveaway Events
5.5.2023
PRESS RELEASE. As Bitcoin becomes an increasingly popular payment option, we can now use BTC for quick ordering and online shopping in many countries/regions. You can even buy a car with BTC in some places. None of this would be possible without Laszlo Hanyecz, a Bitcoin pioneer who bought...
Stripe delivers a self-hosted fiat-to-crypto onramp
5.5.2023
Stripe, a financial framework platform targeting businesses, delivered their self-hosted fiat-to-crypto onramp. This will help make it more convenient for all Web3 organizations to ease out the process for U.S.-based customers needing to buy crypto. Over and above that, the entity is reaching...
Bitget Crypto Exchange Invests $10 Million in Blockchain4Youth to Boost Web3 Education Globally
5.5.2023
Crypto exchange Bitget announced the launch of a Web3-focused corporate social responsibility (CSR) project, with plans to invest millions in nurturing young talent for the future of crypto adoption.
The project, called Blockchain4Youth, "aims to create a blockchain future by empowering...
Nigeria Passes ‘National Blockchain Policy,’ Industry Player Says Central Bank Unlikely to Lift Crypto Ban
5.5.2023
The Nigerian Federal government said on May 3 it had passed what it called the “national blockchain policy.” The Nigerian minister of communications and digital economy, Isa Pantami, said the new policy is a product of consultations with 56 institutions and personalities. Lucky Uwakwe...
UK’s FCA Continues Crackdown on Unregistered Crypto ATMs
5.5.2023
The regulator, alongwith the local police raided sites in Exeter, Nottingham and Sheffield, saying that the cash-to-crypto converters are unlawful and a money laundering threat
What is profit and loss (PnL) and how to calculate it
5.5.2023
PnL refers to the financial gain or loss from buying and selling cryptocurrencies. To calculate it, use various method like the FIFO, LIFO, YTD, and more!
Zimbabwe Central Bank Wants Citizens to Subscribe to Its Gold-Backed Digital Currency
5.5.2023
The Reserve Bank of Zimbabwe has said the tokens will be issued by May 8
Kenya considers tax on crypto, NFT transfers and online influencers
5.5.2023
A bill introduced in Kenya could see a tax added to cryptocurrency and NFT transfers and has been met with a mixed reaction online