In May of 2023, a cross-party Committee of MPs recommended the new legislation. Andrew Griffith said that such regulation would be in violation of international norms. The United Kingdom’s HM Treasury...
Category: Crypto
Live Crypto News Updates.
North Korean hackers exploited shared cloud service to rob crypto firms
North Korean state hackers exploited a cloud services provider called JumpCloud to steal funds from crypto companies that use its services, Reuters reported on July 20. Reuter’s confidential sources i...
What is MiCA? What the EU Crypto Governing Framework Means for You
Markets in Crypto-Assets (MiCA) is a set of regulations in the European Union that governs the issuance and provision of services pertaining to cryptocurrencies, stablecoins, and related assets. It is...
US Prosecutors Slap Crypto Scammer With Over Eight Years in Jail
Federal prosecutors in Illinois have sentenced a Nigerian crypto scammer to eight years in federal prison for masterminding a multi-million dollar fraud scheme. As in many instances, the conspirators ...
Crypto news: the SEC has accepted six proposed spot Bitcoin ETF
Crypto news: The US Securities and Exchange Commission (SEC) has taken a significant step in the world of crypto, accepting applications for spot Bitcoin ETF from six major companies. Among them is B...
Investments That Make Kevin O Leary a Big and Shrewd Crypto Whale
1 The Canadian investor, Kevin O’Leary has become popular for his lucrative crypto portfolio. 2 With strategic investment, Leary has made plenty of profits and secured the same in the future. Also kno...
Top 10 Crypto Casinos that Excite Every Gambler of Poland
1 Cryptocurrency is redefining the experience of gambling for the punters of Poland. 2 The most popular platforms in this niche are offering some great advantages to the participants. Ever since cry...
Top 5 Crypto Casinos in Greece that Amaze and Reward Gamblers
1 Gamblers in Greece are getting limitless opportunities with leading-edge crypto casinos. 2 The decentralized establishments are making this activity more adaptable and profitable for everyone. Tech...
North Korean Hackers Target Multiple Crypto Companies
North Korean hackers Labyrinth Chollima is behind a spate of hacks to steal crypto from the clients of JumpCloud, a US IT company. The group sent JumpCloud customers an email asking them to change the...
Optimism among Binance professional investors about crypto predictions
Recently, 88% of Binance‘s professional investors expressed confidence about the long-term outlook for crypto. Specifically, Binance Research and Binance VIP & Institutional collaborated in a glo...
Crypto Bear Reveals Biggest Altcoin Short Position As the Markets Take a Breather
A widely followed crypto trader is disclosing which altcoin he has the shortest position on as the digital asset markets pause. Pseudonymous trader and crypto bear Capo tells his 66,325 Telegram subsc...
Crypto Market Analysis: Chainlink (LINK) And Dogecoin (DOGE) Lose Bullish Dominance At Higher Levels! Here’s What’s Next
Two of today’s notable market performers, Chainlink (LINK) and Dogecoin (DOGE) have significantly boosted investors’ portfolios due to a dramatic rise to several resistance levels. This surge in LINK ...
Bullish Ripple Ruling May Have Triggered Altcoin Season: CryptoQuant Analysis
The landmark victory for Ripple in its lawsuit against the U.S. Securities and Exchange Commission (SEC) may have ignited a bull market for neighboring altcoins, according to a recent report from Cryp...
Stop worrying about Gensler’s crypto crusade and focus on bitcoin: Novogratz
Galaxy Digital CEO Mike Novogratz issued a vote of confidence for bitcoin during a Thursday morning CNBC appearance, saying he was more comfortable being long on the world’s largest digital asset now ...
Novogratz Says Ripple Made a Big Big Win for Crypto Community
Galaxy Digital CEO hails Ripple’s victory against US regulator as a monumental win for the entire crypto community; addresses tensions among regulators. In a recent interview with CNBC, Mike Novogratz...
Inside The Mind Of A Crypto Insider: Caroline Ellison’s Private Google Docs Expose FTX Scandal
The New York Times has reported that Caroline Ellison, the 27-year-old CEO of crypto hedge fund Alameda Research, could be a key witness in the upcoming criminal trial of Sam Bankman-Fried, the founde...
House Republicans propose crypto regulatory framework
The dawn of an epoch-making legislation aimed at putting the fast-paced crypto sector under a regulatory microscope is upon us, with US lawmakers putting forward the Financial Innovation and Technolog...
Litecoin Halving 2023: Predictions and Crypto Market Impact
Litecoin halving is approaching on 2nd August 2023. This third Litecoin halving would drop to 6.25 LTC. The crypto market is approaching its halving event coming up for various coins. The recent upcom...
Crypto exchange FTX seeks to recover $71 million from its philanthropic subsidiaries
Seven months after the failure of crypto exchange FTX, the restructuring group is trying hard to recover assets scattered by the company within its various subsidiaries. This time it was the turn of “...
Polkadot Loses Market Dominance as Borroe ($ROE) Prepares to Skyrocket into the Top 100 Crypto Realm by 2024
The world of cryptocurrencies is constantly evolving, with new players entering the market and established tokens battling for dominance. In this dynamic landscape, a remarkable shift is taking place ...
How Important are Crypto Law Firms for the Digital Asset Space?
Dozens of high-profile companies filed for bankruptcy during the 2022 crypto market bear run following the collapse of the Terra ecosystem. After billion-dollar companies like Celsius Network and Thre...
Britain Rejects Proposal To Regulate Crypto As Gambling
The UK government has rejected a proposal by the House of Commons Treasury Committee to regulate crypto retail trading similarly to gambling. In a committee report released on May 17, British lawmaker...
Crypto industry is ‘afraid to celebrate’ Ripple’s ‘giant win’ over the SEC
Following the recent federal district court ruling partly in favor of Ripple against the SEC, Rebecca Rettig says she isn’t on the “we-are-so-back train” quite yet. But Polygon Labs’ chief legal and p...
Kuwait bans crypto and virtual asset transactions
The state of Kuwait is the latest jurisdiction to ban virtually all operations involving cryptocurrencies like Bitcoin (BTC). On July 18, Kuwait’s main financial regulator, the Capital Markets Authori...
UK Economic Secretary rejects regulating crypto as gambling, advocates for financial services framework
Andrew Griffith, U.K’s Economic Secretary to the Treasury, has rejected the Parliament Treasury Select Committee’s recommendation to regulate cryptocurrency trading as gambling, according to a respons...
2 Crypto Investors Leave Sequoia Capital Following Botched FTX Investment: Bloomberg
Major venture capital firm Sequoia Capital has seen the departure of five key partners, including two investors who were involved in the company’s failed investment in Sam Bankman-Fried’s bankrupt cry...
The SEC Chairman Gary Gensler asks for $109 million to regulate the crypto sector
In an effort to address the challenges posed by the burgeoning crypto market, Securities and Exchange Commission (SEC) Chairman Gary Gensler urged senators to grant an additional $109 million to stren...
Federal Reserve Finally Launches FedNow, Crypto In Trouble?
The U.S. Federal Reserve (Fed) has finally launched the much-anticipated FedNow service. According to a press release by the American apex bank on July 20, the modern instant payment system is live. I...
Kuwait Bans Citizens From Engaging in Crypto-Related Activities
Kuwait has banned the use of cryptocurrencies and virtual assets. Top regulators in the country issued a joint address via a circular. The circular explicitly banned the use of virtual assets as a mea...
Myanmar’s shadow government backs launch of crypto-based bank
Myanmar’s first entirely crypto-based banking institution has announced a soft launch for July 22 — a move that could see the country’s shadow government given greater access to financial services and...
Kuwait places absolute ban on crypto payments and mining
Kuwait has prohibited all crypto activities and use cases in the country, including payments, mining, and investment. The Central Markets Authority (CMA), Kuwait’s financial regulator, released a circ...
Eaglebrook CEO: Bitcoin ETF would send crypto SMAs ‘into hyperdrive’
Though crypto separately managed accounts have come to the US market in the absence of ETFs that directly hold crypto, some believe a bitcoin ETF would boost SMA demand, not offer competition. Christ...