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UK Bill Empowering Authorities to Confiscate Crypto Approved by House of Lords
The UK’s Economic Crime and Corporate Transparency Bill passed a third reading after a meeting of the House of Lords (the Parliament’s upper chamber). If officially approved, the legislation will allo...
Crypto guru Willy Woo predicts Bitcoin price boom as demand skyrockets
Although Bitcoin (BTC) has returned below the $31,000 threshold it had reached earlier, the increase in demand from institutional and professional investors in Bitcoin futures continues, suggesting a ...
Crypto-friendly DBS Bank launches digital yuan payment tool
Cryptocurrency-friendly bank DBS is cooperating with mainland China on the development of a new payment solution for the digital yuan, also known as e-CNY. DBS Bank China officially announced on July ...
UK’s FCA issues October deadline for crypto marketing compliance
UK regulator warned that failure to comply with the latest guidelines is a criminal offense. There were 42 FCA-compliant crypto firms in the UK as of this writing. The financial regulator of the Unite...
Contrasting Views on Crypto Regulations: Cuban vs. Stark
Businessman Mark Cuban and former SEC official John Reed Stark recently had a Twitter exchange on how to tackle crypto regulation. Stark expressed caution about cryptocurrencies, while Cuban stressed ...
Why Investing $1000 in This New Meme Coin Could Turn You into a Millionaire
The last couple of months have seen a huge uptick in meme coins activity on the market. Several tokens have made huge waves, making fortunes for their early investors and now we are witnessing another...
Crypto News: Bitcoin’s Correlation with Nasdaq and S&P 500 Hits Lowest Level Since July 2021
In a surprising twist, renowned crypto analytics firm Block Scholes has revealed that Bitcoin’s fate is no longer tied to U.S. stock market sentiment. According to Block Scholes’ data, the 90-day rol...
UK FCA Reveals Deadline for Crypto Promotion Compliance
41 seconds ago | 2 mins read Market News FCA in the UK will implement a new financial promotional system for cryptos starting on October 8th. The FCA aims to enhance consumer protection by implementin...
Crypto Losses From Web3 Scams And Hacks Drop Dramatically In H1 2023
New data shows that crypto scam and hack losses in the first half of 2023 were down a whopping 75% from the same period last year. A recently released report by Beosin, a blockchain security firm, rev...
Mark Cuban, John Reed Stark Debate on Right Crypto Regulation Approach
Cuban argued that the failure of the SEC to set “clear regulations” was what caused investors to lose their money in the FTX collapse. Billionaire businessman Mark Cuban has been seen having a public ...
Clarity needed on crypto lending regulations — UK Law Commission
A lawyer leading the United Kingdom’s Law Commission’s review on the application of British laws towards digital assets has stressed the need for further clarity around cryptocurrency lending. Laura B...
Bitget Launches Dual-Coin Crypto Loan Service
The announcement comes at a time when crypto loans are increasing in popularity owing, in large part, to the overall growth of the digital lending market. Crypto derivatives platform Bitget has announ...
SHA256 vs Scrypt ASIC: Crypto Mining Hardware Comparison
In cryptocurrency mining, the choice of mining hardware plays a pivotal role in determining profitability and efficiency. As the blockchain industry continues to evolve, two prominent hashing algorith...
UK Law Enforcement Can Seize Crypto Assets Linked to Criminals
33 mins ago | 2 mins read Bitcoin News The crypto-related parts of the bill were not amended in the House of Lords. Uk wants to prioritize stopping the illegal use of crypto as part of economic crime ...
Crypto: Genesis pays off debt in Bitcoin
Gemini’s co-founder revealed on Twitter the final offer to restructure the debt of the crypto company Genesis: a $1.5 billion package also denominated in Bitcoin and Ethereum. Genesis: the $1.5 bill...
Privacy Coin Explodes Over 300% As Bullish Sentiment Brews in Altcoin Markets: Santiment
The market cap of one privacy-focused blockchain project is exploding in value, according to crypto analytics firm Santiment. Santiment says that the market cap for altcoin Verge (XVG) more than tripl...
Bitget Introduces New Crypto Loans Product for Lending Market
36 mins ago | 2 mins read Defi News Borrowers may get a loan in one cryptocurrency while staking another as collateral. The borrower may repay the loan at any time before or on the end date. Bitget ha...
Altcoin Season Surges: Exploring the Potential of Cardano, Polygon, XRP, Floki Inu, and DogeMiyagi
The cryptocurrency market is currently experiencing a flourishing altcoin season, captivating the interest of investors worldwide. Altcoins, alternative cryptocurrencies to Bitcoin, are witnessing r...
Stablecoins Volumes Stagnant Despite Crypto Market Recovery
Stablecoins, the digital assets designed to maintain a stable value, have long been viewed as a potential bridge between the cryptocurrency world and the traditional financial industry. However, recen...
Britain’s House of Lords Passes Bill to Seize and Freeze Crypto Used for Crime
Having passed through UK’s upper chamber, the new bill is close to law. The bill seeks to allow authorities to seize cryptocurrencies used for criminal activities. On Tuesday, July 4, the UK’s Economi...
Crypto Vs SEC: Legal Expert Claims SEC May Be Violating the Law in Cryptocurrency Regulation
A well-known legal expert @iampaulgrewal has ignited a debate by stating that the Securities and Exchange Commission (SEC) may be violating the law. Key Facts: Historical Context Reveals Shifting Sta...
Crypto Market Outlook: Here’s When Traders Can Expect Altcoin Season
Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance...
Addressing Fraud and Innovation: Finding a Balance in Belarus’ Crypto Landscape
The decision by Belarus to ban peer-to-peer (P2P) crypto transactions in an effort to combat fraud raises concerns about stifling innovation in the cryptocurrency space. While it is important to addre...
South Korea Prepares For Second Phase Of Crypto Asset Regulation
Financial authorities in South Korea prepares for the second phase of virtual asset legislation this month to regulate the remaining aspects of the crypto market. The move comes as South Korea’s Natio...
APT and ARB May Topple Other New Coins: Crypto Analyst
APT and ARB could be part of the biggest gainers out of the plethora of new cryptocurrencies. Successive bullish candles appeared on the APT/USD chart, highlighting the possibility of a continuous upt...
South Africa to mandate crypto exchange licenses by year-end: Report
South Africa’s financial regulator has announced that all crypto exchanges in the country will be required to obtain licenses by the end of the year, according to a report by Bloomberg. Financia...
Thailand Introduces New Crypto Regulations
While Hong Kong is embracing cryptocurrencies, Singapore, Belarus, and, more recently, Thailand are implementing restrictions on crypto usage to protect users from potential risks. Thai SEC Introduces...
Reality TV Star Phaedra Parks Encourages Her Sons’ Cryptocurrency Investments: Kids and Crypto
In a recent interview with “Real Housewives of Atlanta”, cast member Phaedra Parks, she revealed that she gave her 13-year-old son, Ayden, $150,000 to learn about building wealth through investments. ...
Crypto Twitter will see less exposure on Google due to rate limit slash
Twitter’s new rate limits are severely affecting the indexing and display of tweets on Google’s search engine, limiting the reach of the information shared on the microblogging site. According to web ...
Report: Belarus Pursues Clampdown on P2P Crypto Transactions
In an unexpected turn of events, the Belarusian government has proposed banning peer-to-peer (P2P) transactions involving popular cryptocurrencies like Bitcoin. This bold move aims to combat the alarm...
Darknet bad actors work together to steal your crypto, here’s how — Binance CSO
Lurking in the shadiest corners of the dark web is a “well-established” ecosystem of hackers that target cryptocurrency users with poor “security hygiene,” according to Binance’s chief security office...