The world’s largest cryptocurrency exchange – Binance – signed a Memorandum of Understanding (MoU) with the Financial Monitoring Agency of the Republic of Kazakhstan. Over the course of the agreement, both parties expressed a mutual interest in creating a safe crypto environment in the Asian country and bringing down financial crime in the area. Binance’s...Read More
The United Nations Conference on Trade and Development (UNCTAD) released a report on Monday warning that central bank monetary and fiscal policy is putting the global economy in danger. It claimed that U.S. interest rate hikes in particular will cut $360 billion in future income from developing countries. A Crisis in Developing Countries According to...Read More
Pro-Russian outfits have resorted to digital asset funds in a bid to support the war efforts against Ukraine while evading international sanctions. A new report suggests that these groups are raising a massive amount of Bitcoin and other cryptocurrencies via crowdfunding campaigns. According to Chris Janczewski, head of global investigations at TRM Labs, the blockchain...Read More
Major stablecoin issuer Tether has further reduced its commercial paper holdings to less than $50 million, with more than half of its backing in US Treasury Bills. The continuous reduction in Tether’s commercial debt holdings is in line with the firm’s plans revealed earlier in the year. In an update posted on Twitter on Monday...Read More
Long before the Ethereum network’s transition to Proof-of-Stake (PoS), censorship concerns have been a bone of contention. To mitigate these risks, Vitalik Buterin has proposed “partial block auctions.” In the latest blog post, the Ethereum co-founder suggested that builders should have a more limited amount of power to prevent ETH censorship post Merge. Instead of...Read More
Bitcoin price is back within the range, displaying a lowered strength as its closest competitor, DXY Index is trading along the resistance. However, a minor relief may be expected in the coming days as the DXY Index may witness a slight pullback. This may uplift the BTC price beyond $20,200 but could end up being...Read More
The creator of the bitcoin Stock-to-Flow (S2F) model – PlanB – admitted that recently he made his third BTC investment. At the time of the purchase, the primary cryptocurrency was hovering around $20,000. Due to its significant price depreciation compared to the all-time high of $69,000 in November 2021, many people proclaimed bitcoin dead in...Read More
Oryen is a DeFi yield aggregator that provides users with a one-stop solution to earn the highest yield on their crypto assets. The protocol currently outperforms the top yield-generating DeFi protocols, including PancakeSwap and Biswap, and offers a fixed APY of 90% on all assets deposited into the protocol. This makes Oryen one of the...Read More
The US Securities and Exchange Commission brought charges against Kim Kardashian for promoting a crypto security – Ethereum Max. The popular US media personality, model, and businesswoman agreed to pay $1.26 million to settle the charges. CryptoPotato reported in January this year a lawsuit filed in California against Floyd Mayweather and Kim Kardashian, claiming that...Read More
Celsius Network founder Alex Mashinsky, who resigned as the CEO of the embattled Defi platform on September 27, reportedly withdrew $10 million in May, just weeks before the company froze withdrawals on June 12. Mashinsky voluntarily disclosed the information to the official unsecured creditors’ committee in the ongoing bankruptcy proceedings, the Financial Times quoted his spokesperson...Read More
Transit Swap’s project team was reportedly working on collecting “specific data” of the victims and chalking out a return plan as it focused on retrieving the remaining 30% of stolen funds. However, it appears that the hacker is in no mood to let go of the rest. Higher Bounty As per blockchain security expert, Peckshield,...Read More
The author of the best-seller believes the US Federal Reserve will continue to raise interest rates, which will ultimately push the prices of BTC, gold, and silver down even more. However, this presents a good buying opportunity that could make investors smile in the future. Buy BTC Now, Says Kiyosaki Robert Kiyosaki used to be...Read More
[PRESS RELEASE – Paris, France, 30th September 2022] Starfish Finance, the DeFi project running on Astar Network, has shared its vision of how NFTs and decentralized finance will coalesce on Polkadot. The community-driven project predicts the worlds of DeFi and NFTs will eventually fuse and form a brighter star, with Starfish Finance ($SEAN) serving as...Read More
[PRESS RELEASE – Majuro, Marshall Islands, 30th September 2022] October will be a big month on Gate.io following an ongoing mega event featuring huge rewards and discounts for new and existing users. Throughout September, Gate.io launched multiple overlapping events, from zero trading fees to prizes totalling over $1 million, and will continue these events going...Read More
We’re excited to share that we’ve now received registration and regulatory approval from the Organismo Agenti e Mediatori (OAM) in Italy as a provider of virtual currency and digital wallet services. This registration permits BitMEX to offer a suite of spot trading products and services to Italian customers in compliance with local regulations. The OAM...Read More
Thailand’s Securities and Exchange Commission (SEC) has accused Bitkub, the country’s largest cryptocurrency exchange, and four other offenders of their alleged involvement in wash trading. The individuals will have to pay a fine of over $600,000. Bitkub Involved in Wash Trading Case? According to a press release on Tuesday (September 27, 2022), the Thai SEC...Read More
