We all know that Kraken, a leading cryptocurrency exchange with a stellar reputation for integrity and one of the industry’s most secure platforms, was sued by the U.S. Securities and Exchange Commiss...
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Bank of Brazil Now Allows Citizens to Pay Tax in…
Brazil’s oldest bank, Banco do Brazil, or Bank of Brazil will now allow citizens to pay their tax bills using cryptocurrencies. The Bank is making this initiative possible in collaboration with Brazil...
EminiFX CEO Pleads Guilty to $240M Scheme to Defraud Investors
The CEO of a crypto and forex platform pleads guilty to a $248M fraud scheme. EminiFX CEO is facing as much as ten years behind bars for his part in the fraudulent enterprise. According to a press rel...
Here’s When Paxos Will Stop Minting Binance USD (BUSD)
The US-based blockchain infrastructure platform – Paxos Trust Company – will stop the issuance of new Binance stablecoins (BUSD) from February 21. Despite this, the firm said it has a “strong corpora...
Chinese EV brand Zeekr is now worth more than Xpeng
Pictured here is a Zeekr electric vehicle charging station in Dongguan, Guangdong province of China, on Nov. 14, 2022. Vcg | Visual China Group | Getty Images BEIJING — Geely-backed electric car brand...
BNB Chain ramps up efforts to grow GameFi, but what about BNB’s price?
BNB announces new partnerships in the GameFi ecosystem. Metrics and market indicators favored the BNB bulls. Binance Coin [BNB] has maintained a handsome number of weekly users on its network for qui...
Why The UAE Central Bank Is Interested In Issuing A Digital Currency
In recent months, initiatives surrounding central bank digital currencies, (CBDC) have gained traction as banking authorities attempt to streamline cross-border transactions and stimulate innovation ...
Cineworld’s Share Price Leaps 23% On Vue Takeover Speculation
Photo by Matthew Horwood/Getty Images Getty Images Embattled cinema chain Cineworld has seen its share price rocket on Monday on reports of a possible takeover bid by industry rival Vue International....
Global crypto market cap plunges below $1 trillion as regulatory concerns wipeout 2023 gains
The world of cryptocurrency is experiencing a turbulent phase as regulatory fears have rocked the market, leading to a significant loss in overall industry valuation. Major digital assets, such as Bit...
USDc Burns $5 Billion – Trustnodes
The USDc market cap is down from $44 billion last month to $38 billion with $4.7 billion of it burned just on Friday according to blockchain data. “4.7B USDC have been burned by Circle and Coinbase wi...
Paxos Receives Wells Notice from SEC, NYDFS Orders Issuer to Stop Minting BUSD – Bitcoin News
According to a report published on Feb. 12, 2023, the New York-based financial institution and technology company, Paxos, has received a Wells Notice from the U.S. Securities and Exchange Commission (...
Inflation could ease faster than Fed believes, reducing need for rate hikes, easing recession risk
Could inflation ease more swiftly than the Federal Reserve expects? Consumer price increases have pulled back sharply in recent months but Fed Chair Jerome Powell says further declines to the Fed’s 2%...
Bitcoin Falls Above $21,500, But Risks Further Decline
Feb 13, 2023 at 12:42 // Price Bitcoin (BTC) price is falling while remaining above the 50-day line SMA and below the 21-day line SMA. Bitcoin price long-term forecast: bullish However, if the c...
$RCL Stock Price Analysis After Its Fourth Quarter 2022 Results
Last week, Royal Caribbean Group (NYSE:RCL) reported its fourth quarter 2022 results. $RCL stock is up 41.75% year-to-date so far this year. Royal Caribbean Group (NYSE:RCL) operates a fleet of cruise...
Nakamoto Games to integrate additional AI
Nakamoto Games is the top game developer and metaverse platform as a whole. Currently, it offers 150 different and complete blockchain games at its disposal. For the benefit of players around the worl...
SEC’s crypto staking crackdown has uncertain consequences for DeFi: Lido Finance
A crackdown by the United States securities regulator on crypto staking could have unintended consequences for decentralized finance, according to the head of business development at Lido DAO. Jac...
Generative AI ChatGPT Steaming Up Those Amorous Dating Apps And Online Dating Portals, Bothering AI Ethics And AI Law
Generative AI is coming to dating apps and online dating portals, something to smile about or frown … [+] over. getty The language of love. Not everyone has the gift of gab when it comes to whis...
Former SEC Official Reacts to PayPal’s Decision to Ditch Its Stablecoin
Alex Dovbnya An ex-SEC official says it was “blatantly obvious” for PayPal to ditch its stablecoin PayPal has halted its work on its stablecoin due to partner Paxos being investigated by the New York ...
Bakkt exits consumer business to focus on B2B as regulators crack down
Bakkt is nixing its consumer app to focus on its business-to-business technology solutions. Bakkt, which offers a platform for commerce to link to cryptocurrency, said it will continue its core ...
Macro Investor Predicts Massive Upside Volatility for Ethereum
Analyst Raoul Pal considers Ethereum to be the true money of the internet, ahead of Bitcoin. According to Raoul, Ethereum has the best risk-adjusted returns among all the cryptos. Raoul notes that oth...
EU banks face strict crypto rules in new published legal draft
While more specific guidelines are being worked out, new restrictive rules for European Union banks have been confirmed in a publish legal draft. EU banks would be required to apply the highest possib...
SEC to pursue Paxos for Binance USD stablecoin issuance
SEC has begun legal plans to sue Paxos for issuing and listing Binance USD, a well-known stablecoin in the crypto ecosystem. The financial watchdog argues that the firm’s token issuance violates inves...
bUSD to be Phased Out, SEC Gives Notice – Trustnodes
The tokenized dollar bUSD, with a market cap of $16 billion, is gradually being phased out after its issuer, Paxos, was ordered to stop minting. “We were informed by Paxos they have been directed to c...
Crypto Whales Shuffle Nearly 600 Million XRP As Price Slumps 3%
Whales have moved astounding amounts of XRP tokens over the past 24 hours. Whale Alert reported large amounts of XRP movement made by crypto whales. Over the past 24 hours, these deep-pocketed invest...
$46 Million of Stolen Assets Moved by Wormhole Hacker
The Wormhole attack was the third-largest crypto hack in 2022. The hacker appears to be seeking yield or arbitrage opportunities on their stolen loot. On-chain data shows that another $46 million of s...
Citi nears sale of Mexican bank Banamex despite state interference
Citigroup is nearing the sale of its Mexican retail bank in a deal that could value it at up to $8bn despite government interference scaring off potential bidders and driving down the price of the uni...
Bitcoin Could Spiral to $200T in 9 Years Claims Cryptographer
Blockstream CEO Adam Back took to Twitter to claim that Bitcoin could hit a $200 trillion market cap in around nine years. The British cryptographer based his findings on the BTC movement over the las...
Ethereum: crypto donations for Turkey
Ethereum co-founder Vitalik Buterin has donated hundreds of ETH crypto to help victims of the 7.8-magnitude earthquake in Turkey. Buterin reportedly made two substantial contributions of relatively 50...
AI crypto coins plunge; Is this a good time to buy the dip?
Artificial Intelligence will thrive in the technology sector and potentially revolutionize the crypto industry, accelerating the growth of new technologies, facilities, and social & financial netw...