Coinbase Secures Major Payment Institution License in Singapore for Crypto Services Expansion
Coinbase, the U.S.-based cryptocurrency exchange, has received a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This significant regulatory approval allows Coinbase to expand its digital payment token services to individuals and institutions in Singapore. The ...
Solana (SOL) Price Surges Despite FTX’s Asset Liquidation Approval
Despite a US court granting FTX permission to liquidate its assets, the price of Solana (SOL) has surged by 4.62% to reach $18.90, with a market capitalization of $7.79 billion. FTX is gearing up to liquidate a portfolio of assets valued at $3.4 billion, with significant holdings in Solana (SOL), Bi ...
Solana’s Bold Vision: Rebuilding Trust and Scaling Fairness for the Future
Solana's Roadmap for Rebuilding Trust After a Challenging Year In an effort to move past the repercussions of FTX's collapse last year, Solana, a layer-1 smart contract blockchain, is charting its course for the next five years. Anatoly Yakovenko, co-founder of Solana, outlined a long-term value ...
Coinbase Announces Exit from India: Urges Users to Secure Funds Before September 25 Deadline
Coinbase's Exit Strategy: Indian Users Urged to Secure Their Funds Before September 25! Coinbase, the USA's largest cryptocurrency exchange, known for its rigorous regulatory compliance, has dropped a bombshell on its international operations, specifically in India. The bombshell came in the f ...
Criticism Arises Over New Crypto Tax Rules Proposed by President Biden
Several prominent crypto commentators have criticized the new crypto tax reporting rules recently put forth by United States president Joe Biden. On Aug. 25, in an effort to catch crypto users avoiding taxes, the Internal Revenue Services (IRS) proposed brokers follow new rules for selling and tr ...
NFT Prices Soar as Donald Trump’s Mugshot Goes Viral: Crypto Community Reacts
The price of nonfungible tokens (NFTs) featuring Donald Trump surged after news outlets released a photo of the former United States President as part of his criminal case in the state of Georgia for allegedly attempting to subvert the will of voters in the 2020 election. According to data from N ...
CryptoQuant Research Head Addresses Binance Bank Run Allegations with On-Chain Data Analysis
CryptoQuant Research Head Weighs in On Possibility of Binance Bank Run, Citing On-chain Data CryptoQuant Head of Research Moreno has provided data addressing concerns of a bank run on Binance amid growing allegations surrounding the exchange. Am ...
Peter Schiff Launches “Golden Triumph” NFT Collection on Bitcoin Blockchain
Schiff participates in the launch of the NFT collection using the bitcoin blockchain The collection will be auctioned from June 2-9 It is called the Golden Triumph Two years ago he called NFTs nothing Gold proponent and bitcoin hater Peter ...
Romanian Crypto Enthusiast Buys 10,000 Pizzas for Bitcoin Pizza Day Celebration
Romanian crypto-enthusiast and investor celebrated the 13th anniversary of Bitcoin Pizza Day in an unusual way - he bought ten thousand pizzas for 1.01 BTC (approximately $27400). Daniel Nita ordered a pizza at Bucharest's Vintage Pub Bucharest, where the price per pizza ...
Undeads Metaverse Completes First Round of NFT Game Releases, Raises $1 Million
New-gen MMORPG Undeads Metaverse announced the completion of its first round of NFT game releases, which brought the project $1 million. According to the project team, this achievement underscores the sustainability of high-quality projects backed by experienced teams, de ...
Binance Australia’s Payment Suspension Sparks Debate, Industry Remains Optimistic
Firms commented after yesterday's incident And say Australia's crypto flight is normal The news that Binance Australia has suspended local currency deposits via PayID was hotly debated online yesterday. The reason was the provider Westpac, which refused to coo ...
Controversy Surrounds ConsenSys Privacy Policy Update and Metamask Wallet
This is what the company's new rules say It looks like Metamask Wallet could also fall under this amendment CEO 1inch Anton Bukov drew attention to a strange paragraph 4.3 in the new Consensys rules. It says that the platform reserves the right to withhold taxes ...
Bitboy Crypto Reveals XRP Holding Strategy for Millionaire Status
Creator of YouTube channel Bitboy Crypto told how many XRP coins a cryptocurrency investor must hold to become a millionaire. This sparked a heated discussion in the cryptocommunity. Cryptocurrency Influencer Ben Armstrong suggested that if an investor had 150,000 XRP, th ...
Societe Generale’s Euro CoinVertible Stablecoin Code Criticized by Crypto Community
Yesterday, a new stablecoin called Euro CoinVertible was introduced on Ethereum by a subsidiary of Societe Generale, a French bank. However, it has been discovered that the code of the smart contract was written poorly. After an audit of the EURCV code by developers from the crypto community, ...
US Government to Sell Confiscated Silk Road Bitcoin Amid Global Banking Crisis
The United States government has announced its plan to auction off more than 51,000 BTC, which were seized during the Silk Road case, in the midst of a global banking crisis. On March 14th, court documents revealed that the US government had already sold 9,861 BTC, valued at over $215 million. Th ...
European Union Amends Data Law, Requires Forced Termination in Smart Contracts
According to recent reports, the European Union's Council has passed a new amendment to data law which requires smart contracts to have the option of forced termination. Smart contracts are automated programs stored on the blockchain that can be executed without the need for a third party. The ...
Crypto Expert Craig Wright Dismisses USDT Stablecoin as a “Walking Dead Coin”
The entrepreneur from Australia, who has made a name for himself in the crypto community as "the self-proclaimed Satoshi Nakamoto," recently expressed criticism towards the USDT stablecoin on social media. This reaction came in response to comments made by Mr. Whale, a prominent crypto expert, wh ...
Former Bitzlato Co-Founder Seeks Crypto Community’s Help to Find US Guarantors
The Bitzlato crypto exchange's former co-founder is appealing to the cryptocurrency community for assistance in locating US citizens willing to act as his guarantors in court. The Russian national has been in US custody for the past two months, awaiting trial on money laundering charges. On March ...
OpenSea loses users to competing NFT trading platforms
OpenSea has recently acknowledged losing users to rival NFT trading platforms and has decided to take action. Starting February 18, the platform will temporarily waive the 2.5% sales commission in an attempt to retain its existing user base and attract new customers. However, according to Nansen, an ...