Larry Fink, the chief executive of BlackRock, announced on Friday, July 14, the importance of cryptocurrency in democratizing global investing. The CEO stated that crypto assets have gained popularity among company investors. Speaking at an interview with CNBC Squawk, the CEO confessed…
The Indonesian Commodity Futures Trading Supervisory Agency (CFTRAT), commonly known as Bappebti, revealed plans to launch a national crypto exchange before the end of July. Speaking at the local newsroom Tempo, the CFTRAT confirmed that the proposed crypto exchange would be released…
A Southern District of New York Court delivered a partial victory to Ripple in its long battle against the US securities and exchange commission (SEC). RIpple has been in court since December 2020 as the SEC claimed that XRP was a security….
A court sitting in the Southern District of Florida has ordered crypto exchange Digitex to pay a $16 million fine for operating an unregistered crypto exchange. The court gave the order on account of charges by the US Commodities and Futures Trading…
The largest crypto exchange in the US by trading volume, Coinbase, announced on Wednesday, July 12, an upgrade on its digital wallet. The Coinbase team introduced an encrypted messaging feature on the wallet to facilitate users communication. The report revealed that Coinbase…
In a press release dated July 11, the New York-based blockchain development company Consensys launched an Ethereum layer-2 scaling solution dubbed Linea Network. The report revealed that the Linea network would support developers in creating their projects. Additionally, the developers building on…
The UK-based British multinational bank Standard Chartered forecast that Bitcoin (BTC) will break the $120 000 resistance level in Q4 of 2024. The Standard Chartered report demonstrated that the BTC price will increase by 300% from the $30 000 current reading. In…
The year 2023 has been fairly good for cryptocurrencies, especially compared to 2022. It was in 2022 that the crypto market lost all the gains it gathered in 2021 when Bitcoin reached an all-time high of over $60,000. Bitcoin crashed to a…
Making informed investing decisions requires staying current with real-time market information in the fast-paced world of cryptocurrency trading. However, the complexity and volatility of the crypto market can be overwhelming, especially for beginners. That’s where user-friendly crypto price tracking tools come into…
Leading DeFi protocol Arcadia Finance has suffered an attack that led to the loss of $455,000 in assets. A hacker successfully stole the assets from the non-custodial decentralized finance (DeFi) protocol by exploiting a code vulnerability. According to leading blockchain security firm…
Vitalik Buterin, the founder of the second largest crypto by market value, Ethereum, advised the Twitter community on the crucial development required for Bitcoin to become more than a payment method. In his July 6 tweet, Buterin stressed that Bitcoin developers must…
The court case between Coinbase and the US securities and exchange commission (SEC) has been on for weeks, and the process is getting more interesting. In the latest happenings, the SEC has accused Coinbase of Knowingly violating securities laws. The SEC had…
On July 7, the American-based crypto solution provider Ripple Labs announced plans to launch a new program utilizing tokenization technology to transform the real estate sector. In a Twitter statement, Ripple’s central bank digital currency (CBDC) strategic adviser Antony Welfare explained the…
Crypto exchange Gemini has sued Digital Currency Group (DCG) and its founder Barry Silbert on Allegations of fraud. Specifically, Gemini co-founder Cameron Winklevoss is pursuing the case to prove that Silbert was responsible for the losses of creditors. The lawsuit is accusing DCG…
A bill granting exemption from capital gains taxes on the sale of digital currencies for foreigners has passed through a preliminary reading in Israel’s parliament on June 5. The bill also seeks to allot other tax benefits to foreign digital asset holders…
On July 5, the chief executive of BlackRock Larry Fink expressed his positive stance on crypto assets. In an interview with Fox Business, the CEO confirmed that crypto assets have played a significant role in digitizing gold. Fink urged the US regulatory…
Binance offices in Australia have been invaded by personnel of the Australian Securities and Investments Commission ASIC). The search was carried out yesterday Tuesday 4 July as part of an ongoing probe of the exchange’s defunct derivatives business. In a statement shortly…
Starting November 2023, crypto exchanges in South Africa will be required to register with the country’s financial regulator or face sanctions. This comes after the Financial Sector Conduct Authority (FSCA) declared that no exchange will be allowed to operate without a license….
Top crypto exchange Bitget is launching a crypto loans product to cater to all kinds of customers. The crypto derivatives and copy trading platform announced the product will use a dual-coin approach to enhance crypto loans experience. The approach allows users to…
Bitcoin Depot, North America’s largest crypto ATM provider, went live on Nasdaq Stock Exchange on Monday, July 3. The launching of Bitcoin Depot ranked as the first America Bitcoin ATM provider to be available on Nasdaq. According to Nasdaq, Bitcoin Depot is…
