A Crypto Metric Called Years to Profitability Is Good for Evaluating Blockchains

Then, by using the same set of growth rate assumptions for each chain (we calculated future CAGRs of 30%, 40% and 50%), we can make comparisons across chains and explore more deeply what drives YTP. F...

Shiba Inu Rival Floki Partners With Major Crypto Custodian BitGo

Alex Dovbnya Floki, competitor to well-known meme coin Shiba Inu, has announced strategic partnership with BitGo Floki, a rival to popular meme coin Shiba Inu, has announced a strategic partnership wi...

Will Alex The Doge (ALEX) Be Pepe Coin’s (PEPE) Nightmare?

Advertisement &nbsp &nbsp While Pepe Coin (PEPE) has been grabbing the spotlight, Alex The Doge (ALEX) has quietly gained market traction. Alex The Doge (ALEX), a Play-to-Earn (P2E) and Social...

Denmark FSA Orders Saxo Bank to Dispose of Crypto

The Danish Financial Supervisory Authority has ordered Saxo Bank to dispose of crypto assets violating Section 24 of the Financial Business Act as Asia struggles to secure crypto bank partners. The wa...

The Supreme Court could stop the SEC’s war on crypto

When the leaders of the American Revolution signed the Declaration of Independence on July 4, 1776, they had no guarantee of victory. The battle for independence was underway, and their prospects were...

Darknet Hacker Groups Exploit Weak Security To Steal Crypto: Binance CSO

Binance’s chief security officer, Jimmy Su had an interview with an online news site alerting crypto users against hackers who target people with poor security hygiene. The CSO said a group of organiz...

Danish regulator makes Saxo Bank dump all crypto holdings

Danish bank Saxo Bank has been ordered by Denmark’s finance regulator to offload its crypto holdings, explaining that it’s currently illegal until sweeping European Union regulation comes into effect....

Best Online Casino games | VIP Crypto Online Casino

As online casinos emerge as a fresh and innovative concept, crypto-compliant platforms have swiftly captured the market’s attention, providing players with a wealth of options and unmatched flexibilit...

Crypto Advertisements Soon to Have Major Restrictions in UK

The UK Government has expanded the scope of the financial promotion regime to incorporate specific crypto assets. This new regulation, which comes into effect on October 8, 2023, mandates all firms, i...

Crypto Trading Banned for Banks in Denmark, Saxo Bank Down First

Yuri Molchan Financial institutions in Denmark forbidden to let their clients trade crypto Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes o...

Analyst Predicts Altcoin Season in August – Here’s What Traders Can Expect

The rise of the altcoin market is always highly anticipated in the cryptocurrency industry due to the higher returns than Bitcoin. However, the Ethereum (ETH) market has also been classified as a larg...

South Africa Makes Licensing Mandatory For Crypto Exchanges

South Africa plans to take enforcement action against crypto exchanges operating without a license by the end of 2023. This year, the countries are focused on bringing crypto under regulatory control....

Bounty marketplace exec explained how to launch crypto project without getting hacked

Oliver Hörr, Director of Operations at smart bounty marketplace Hats Finance, shared valuable insights at the ETHBarcelona conference on launching projects without the risk of being hacked, proposing ...

New UK Bill Could Seize And Freeze Crypto

The UK parliament has passed a bill that could help the authorities to seize and freeze cryptocurrencies that have been used for crime.  Cryptos Can Be Seized Under New Bill? In a significant move to ...

Denmark regulator asks Saxo Bank to dispose of its crypto holdings

Since MICA doesn’t come into effect until December 2024, crypto activity would be unregulated for the time being. Similar to other jurisdictions, Danish authorities were also dealing with crypto-relat...

Crypto developer commits $2M rug pull fraud to fuel gambling addiction

According to a Reddit post, a developer has posted an unusual farewell note, apologizing and blaming his online gambling woes after leaving a project in shambles, turning a $2 million valuation into $...

Crypto Market Growth Stalls As Bitcoin & Ethereum Prices Drop, But Traders Are Bullish On These Tokens

Bitcoin ($BTC) and Ethereum ($ETH) are experiencing a notable dip, with both cryptos seemingly taking a breather after a period of sustained optimism. $BTC is now hovering around $30,600, while $ETH i...

Crypto Hacks Continue To Plague The Industry: Over $14 Million Stolen So Far In July

According to a CNBC report, US Hamilton police have arrested and charged two 17-year-old boys after allegedly stealing $4.2 million worth of cryptocurrency from an American man. The police said the tw...

Crypto: shares of crypto ATM operator up 12%

Recently, shares of Bitcoin Depot, a Crypto ATM operator, rose 12% during its stock market debut.  At the end of the day on Monday, BTM shares closed at $3.61, showing an increase of nearly 12% over G...

Crypto Operators In South Africa Must Register By November 30 Says FSCA

– Advertisement – Summary: Crypto exchange operators in South Africa have until November 30 this year to apply for a license. This forms part of a plan by the country’s Financial Sector Co...

Saxo Bank ordered to dispose of crypto holdings by Denmark’s DFSA

The DFSA ordered the Saxo Bank to dispose of its own holdings in crypto. The Financial regulators in Denmark have said that local banks are not allowed to hold crypto to hedge against trading risks. D...

Saxo Bank Asked To Stop Crypto-Related Activities By Danish Regulator

Key Points: The Danish Financial Supervisory Authority has ruled that Saxo Bank’s proprietary cryptocurrency transactions are not within the legal business scope of financial institutions. Unregulated...

OPNX launches ‘oUSD’ credit currency for crypto margin trading

Crypto futures exchange OPNX has launched a credit currency for margin trading, according to a July 5 statement made to Cointelegraph from the exchange’s co-founder, Mark Lamb. Called “oUSD,” the curr...

Danish FSA Orders Saxo Bank to Divest Crypto Holdings, Indicating Tightening Regulation

The Danish Financial Supervisory Authority (Finanstilsynet) on July 4, 2023, issued a directive to Saxo Bank, instructing the financial institution to divest its holdings in cryptoassets. This move is...

Danish authority orders Saxo bank to divest crypto holdings, citing distrust in financial system

Denmark’s Financial Supervisory Authority (FSA) ordered investment bank Saxo to divest its cryptocurrency holdings because financial institutions in the country are prohibited from crypto trading acti...

South Africa announces deadline for crypto exchange licenses

Crypto exchanges operating without a license after 30 November could invite enforcement action. 9.44% of South Africa’s total population owned cryptocurrency. South Africa has announced a deadline of ...

Crypto Bank Anchorage Digital Sees 80% Jump In Assets Under Custody In Q1 2023

Key Points: Anchorage Digital has experienced a significant increase in business due to a growing demand for safer custody of assets in the crypto industry. The company reported an 80% jump in assets ...

South Africa Updates Crypto Exchange Licensing Rules

Crypto exchanges will be classified as financial service providers. With an estimated 6 million people in South Africa owning cryptocurrencies, South Africa’s financial regulator has updated its crypt...

Denmark orders Saxo Bank to get rid of its crypto — for now

In Denmark, the financial regulator has instructed Saxo Bank to scrap its crypto holdings due to their unregulated status in the country. The Danish Financial Supervisory Authority (FSA) said that the...

UK FCA Sets Crypto Advertising Deadline and Penalties

The UK Financial Conduct Authority (FCA) has asked crypto firms marketing to UK customers to comply with its guidelines by October 8, 2023. As the UK moves to regulate crypto, its financial watchdog h...

Crypto: liquid staking rising strongly on Solana

The total value locked on liquid staking crypto protocols is rising on Solana’s blockchain: the trend is expanding outside Ethereum as well. As a result of the Shapella update and the integration of L...

July has already witnessed crypto hacks worth upto $14 million

Two Canadian teenagers recently executed a crypto hack, stealing $4.2 million from a U.S. victim. Last weekend, cross-chain bridge Poly Network suffered a hack worth $5-$10 million. July has hardly st...