Introduction to Crypto Futures Crypto futures are a type of derivative trading product that allows two parties to agree on the purchase or sale of cryptocurrency at a predetermined price at a specified future date. These contracts are used by traders to…
On Monday, the US Securities and Exchange Commission (SEC) filed charges against the now-defunct Silvergate bank. The market regulators accused the Silvegate team of misleading the public and failing to monitor over $1 trillion in transactions. The SEC noted that the crypto-friendly…
In its advanced communication, the prominent blockchain security firm CertiK announced that it had successfully integrated its Asian cloud infrastructure into Alibaba Cloud. The CertiK team stated that the migration to Alibaba Cloud aimed at expanding the company’s security offering. The company…
On Monday, the Hawaii Department of Commerce and Consumer Affairs (DCCA) was pleased to announce that crypto firms will be exempted from the money transmitter license (MTL). The decision to allow the crypto firms to operate without the MTL emanated from the…
On Monday, the second largest stablecoin issuer, Circle, was approved to operate as an electronic money transmitter (EMI) in France. The Circle team was pleased to state that the approval of EMI allowed the stablecoin issuer to offer its diverse crypto product…
As the cryptocurrency market continues to gain traction, understanding crypto exchange fees becomes crucial for traders and investors. This guide delves into the various types of fees associated with crypto exchanges, the impact of these fees on trading strategies, and effective methods…
Blockchain technology’s architecture is crucial for understanding how data and assets move across the varied terrain of distributed ledgers. The Fundamentals of Blockchain Layers Blockchain layers classify the functions and scalability solutions within the network, laying the groundwork for decentralized protocols. Layer…
Chainlink is a decentralized oracle network designed to bridge the gap between blockchain smart contracts and real-world data. Its primary function is to provide smart contracts with access to external data, which is crucial since blockchains cannot directly fetch data from external…
Bitcoin, a leading cryptocurrency, sometimes exhibits price movements that appear to correlate with the traditional stock market. This correlation can seem surprising, given Bitcoin’s origins and purpose as a decentralized alternative to conventional financial systems. Here’s a deeper look into why this…
A court in Melbourne, Australia, has ordered a 31-year-old man to face a two-year imprisonment for violating federal law. The court accused the suspect of engaging in cyber-related crime by using falsified documents to create crypto accounts. According to the Australian Federal…
As the financial sector seeks to integrate the use of crypto, central banks are exploring possible ways to launch a digital currency. A survey conducted by the Bank for International Settlements (BIS) demonstrated that 94% of the central banks were working on…
X Corp.boss Elon Musk has dropped charges against OpenAI and its chief executive, Sam Altman. The decision came days before the San Francisco court announced its verdict on the case. The court was expected to determine whether it was appropriate to proceed…
On Tuesday the renowned artificial intelligence company Mistral raised $644 million in a Series B funding round. The fresh capital generated in the fundraising propelled Mistral’s value to reach $6 billion. The funding round was led by the Massacheusset headquartered venture capital…
The ever-evolving nature of crypto assets has attracted criminals to prey on the digital sector. The surge in crypto-related crimes has compelled key industrial players to share their insights on the causes of these crimes and the measures they can take to…
In a June 11 report, Crypto.com was pleased to announce the approval of the Virtual Assets Service Provider (VASP) registration in Ireland. The crypto exchange stated that the Central Bank of Ireland (CBI) approved its VASP early this week. Obtaining the VASP…
Months after the arrest of two Binance executives in Nigeria, theUS policy makers have teamed up calling for the officials’ release. The long waging war for the release of the head of financial crimes and compliance at Binance Tigran Gambaryan, the Nigerian…
Since its inception in 2009, cryptocurrency has gradually found its way into the mainstream, attracting a broad user base globally. In India, however, the regulatory framework has been slow to evolve. It wasn’t until 2022 that the Indian Government formulated and introduced…
The crypto world witnessed a dramatic event with the crash of Terra Luna, leading to significant losses across the market. In response, the Terra blockchain underwent a hard fork, resulting in the creation of two distinct cryptocurrencies: LUNA and LUNC. This development…
Introduction to Spot Ethereum ETFs The approval of the Spot Ethereum Exchange-Traded Fund (ETF) represents a pivotal advancement in the integration of cryptocurrencies with traditional financial markets. As Ethereum continues to garner interest as a premier blockchain platform and digital currency, the…
Understanding how to manage your cryptocurrency taxes effectively can save you from unwanted stress and financial strain. This guide dives deep into the methods and strategies you can use to minimize your tax liabilities on digital currencies like Bitcoin and Ethereum, ensuring…
