In a recent report, the Binance official detained in Nigeria filed a lawsuit against the government for violating human rights. The Binance executive Tigran Gambaryan has been in custody for the past few weeks due to their involvement in money laundering, tax…
In an exclusive interview with the chief executive of Astar Network, Sota Watanabe stated that the partnership with the giant tech firm Sony has proved to be helpful. The executive envisages that in the coming months, the partnership will bring drastic changes…
In a recent development, the Arbitrum Foundation and Weeb3 Foundation teamed up with the famous nonfungible token (NFT) company Azuki to create a new blockchain-powered network dubbed AnimeChain. Under the partnership agreement, the three companies plan to offer an online anime ecosystem…
Following the sentencing of the former chief executive of FTX, Sam Bankman-Fried, crypto executives have teamed up to prevent the recurrence of another financial fraud. In an interview with the DL News, the chief executive of Cube. Exchange Bartosz Lipiński argued that…
On Tuesday, the financial regulators in Britain unveiled new rules for crypto promoters. The new rules target individuals and businesses creating memes on crypto and other investment types. A statement from the Financial Conduct Authority (FCA) revealed that any advertisement or promotion…
As crypto assets establish strong recovery days ahead of the 2024 Bitcoin halving, the key industry players are optimistic that their investment will generate considerable gains. The strong upward trajectory of Bitcoin demonstrates that the entire BTC ecosystem will blossom. A statement…
On Wednesday, March 26, the giant financial institution HSBC launched tokenized gold for retail clients. The HSBC confirmed that Hong Kong users will access the newly launched tokenized gold. While launching the new product, HSBC argued that the tokenized gold demonstrated the…
Bitcoin Layer 2 solutions represent a pivotal advancement in blockchain technology, aiming to address the scalability and functional limitations of the Bitcoin network. By creating an additional layer for transaction processing, these projects enable higher transaction throughput and broader application capabilities, all…
In the landscape of cryptocurrency, ensuring the protection of investors against deceptive financial activities, notably pump-and-dump schemes, is of utmost importance. The introduction of anti-dumping policies marks a significant stride towards preserving market integrity and defending the interests of participants in the…
With the ongoing development of crypto El Salvador president Nayib Bukele confirmed that his administration moved a measurable amount of Bitcoin assets to cold wallets. These Bitcoin holdings will remain locked in a vault. On X the pro Bitcoin president demonstrated that…
The officials from the US Department of Justice (DOJ) boldly filed for the sentencing memorandum of the embattled crypto investor Sam Bankman Fried. The memorandum was presented before Judge Lewis Kaplan of the Southern District Court on March 16. A review of…
In a recent report, the renowned nonfungible token (NFT) gaming studio Carbonated Inc. secured $11 million in a series A funding round. The Korean-based game studio Com2uS led the funding round in collaboration with fast-paced companies, including Andreessen Horowitz, Cypher Capital, Bitkraft…
Following the advent of the Metaverse, global scholars have demonstrated an interest in studying the impact of emerging technologies on existing laws. In a recent study, researchers from the United Kingdom examined the impact of emerging technologies such as Metaverse on the…
The BEP-20 token standard is a defining component of the Binance Smart Chain (BSC) ecosystem, providing a blueprint for creating tokens on this advanced blockchain platform. Launched in September 2020, BSC has emerged as a formidable competitor to Ethereum, offering a scalable,…
In a February 27 report, the American-based crypto-miner Hut 8 officially launched the construction of a new mining facility in Culberson, Texas. The Hut 8 team confirmed that the new mining site will generate 63 megawatts that will be directed toward improving…
The volatile nature of the crypto assets evoked mixed thoughts among the key industry players. On X, some of the investors expressed concerns about whether El Salvador’s Bitcoin bid will materialize. Responding to the X post, the President of El Salvador, Nayib…
In a recent report, the former director of the now-defunct crypto firm Blockchain Global has been banned from leaving Australia. At a local court in Australia, the Securities and Investments Commission (ASIC)filed charges against the former executive of Blockchain Global, Liang “Allan”…
The recent approval of spot Bitcoin exchange-traded funds (ETFs) by the United States Securities and Exchange Commission (SEC) marks a significant milestone in the integration of cryptocurrency into mainstream financial markets. This decision allows for the listing of Bitcoin ETFs on major…
In the dynamic world of cryptocurrency trading, understanding the concept of long and short positions is fundamental for navigating market movements and optimizing trading strategies. These positions reflect two diametrically opposed speculative approaches investors use to capitalize on the fluctuating prices of…
OKX, the American-based crypto exchange, has rolled out OKX TR for Turkish users. In a February 27 report, the OKX team confirmed that the newly launched platform will consist of trading pairs with local currency. The report indicated that OKX TR will…
