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Last week’s biggest news was the CFTC’s (Commodity Futures Trading Commission) lawsuit against crypto exchange Binance. The agency accused the company of unregistered derivatives trading. The accusations don’t end there; CFTC also claims that Binance failed to adopt effective know-your-customer and anti-money…
Despite the crypto rally slowing down this week, some leading cryptocurrencies have still increased by double-digit percentages. Credit Suisse’s crisis largely triggered the upward price movement. Initially, the financial institution had requested a $54 billion loan from the Swiss National Bank to…
An Ireland-based financial services firm, Stripe, recently declared to introduce a project permitting fiat-to-crypto service to make payments convenient for businesses in the Web3 sector across several countries. The latest service offers a modifiable widget to be straightly integrated into a non-fungible…
For a while, Bitcoin (BTC) has not been able to experience a bullish run. The trading price of Bitcoin has continued experiencing a downtrend and even the relief rally was not good enough to push its price. Despite the efforts, the bulls…
Rubic, a decentralized exchange (DEX) and a multi-chain swaps protocol has recently become a victim to an exploit. Rubic Reports an Exploit The decentralized exchange has confirmed it has fallen victim to an online exploit. Due to that, they have ended up…
In the past 24 hours, the trading price of Dogecoin (DOGE) has experienced a 4% dip. It happened after the reports started to come in about the Twitter account of Donald Trump being put back on. No matter how much people protest…
The cryptocurrency industry has proven to be very unstable ever since the beginning of 2022. Due to the market downfall, almost every major cryptocurrency is facing a bearish trend. During these difficult times, investors are looking for new ventures that are promising…
The value of the WEMIX Token (WEMIX) has taken a huge fall in the recent trading sessions and it is all because of its recent delisting. It has come as a huge shock to the entire WEMIX community that the cryptocurrency exchanges…
The FIFA World Cup 2022 – Qatar is turning out to be full of surprises for all football fans. The biggest surprise the FIFA World Cup has given to the fans is Argentina’s defeat against Saudi Arabia. ARG vs KSA One of…
On November 21, the government of Kenya introduced changes to the Kenyan Capital Markets Law. The Kenyan government’s approach is to make sure that the taxation on cryptocurrencies is streamlined. The Amendments The amendments suggest that any individual or entity that is…
Binance was founded back in 2017 and since then, it has earned itself the title of being the largest cryptocurrency exchange. It has continued achieving more and more in the cryptocurrency industry and things are getting even more promising for the exchange….
Nayib Bukele, the El Salvador President recently made a statement showing what a real Bitcoin (BTC) pro sounds like. He is a strong supporter and advocate of Bitcoin and he is proving that with his ambitions. According to him, the current downfall…
Solana (SOL) has become one of the top losers in the list of top cryptocurrencies in the past 24 hours. This is because two of the largest crypto exchanges have made alarming announcements that do not go well with the Solana network….
The world’s biggest crypto exchange, Binance, announced recently that it was suspending deposits on the Solana blockchain of stablecoins USDT and USDC. Since the announcement, it has reopened USDT deposits on Solana. USDT is the stablecoin that belongs to Tether, while USDC…
Top law enforcement agencies along with the judicial authorities in Turkey and Russia have agreed to the need for Mutual Legal Assistance (MLA) agreement for preventing cybercrimes in the digital industry. Further collaboration will be made between the two countries for stopping…
A press release was published by the Securities Commission of the Bahamas (SCB) on November 14th, 2022 that explained that they had chosen the provisional liquidator for dealing with the FTX situation. According to the SCB, they have opted to hire one…
The financial markets regulator of Australia has taken an action against the FTX branch operating in Australia. The reports coming in have confirmed that the regulator has suspended the exchange’s license. Australia Takes Action against FTX Australia The FTX-backed entity currently operating…
At the time of writing, Bitcoin’s (BTC) trading price is at $16,796 and for now, there is not much retail interest in the digital asset. This raises a question as to why retail investors are not interested in Bitcoin given the current…
Elizabeth Warren, the US Senator, said that the collapse of the FTX crypto exchange shows that ‘more aggressive enforcement’ is needed for the crypto industry. She added that she would continue pushing the Securities and Exchange Commission (SEC) to implement the law…
In recent years, the Latin America (LATAM) region has shown that it is very much into crypto-blockchain technology. It is because of this fondness, the crypto sector keeps growing in the region. Over time, multiple crypto exchanges have launched their operations in…
