Bitfinex became the first cryptocurrency exchange to be registered as a Digital Asset Service Provider (DASP) by the regulators of El Salvador. The Latin American country is a pioneer in the industry, embracing bitcoin as a legal tender in 2021. Under the rule of President Nayib Bukele, it purchased amounts of the primary cryptocurrency on...Read More
Argentina’s securities regulator – the National Commission of Value (CNV) – reportedly authorized the local exchange Matba Rofex to launch regulated Bitcoin index futures contracts. Argentines have recently shown rising interest in the primary cryptocurrency and other digital assets. One factor behind the surging appetite could be the concerning inflation rate in the country and...Read More
With the long-awaited Shapella upgrade just around the corner, crypto exchange Kraken is preparing to withdraw all staked ETH on behalf of its clients as soon as possible after the update rolls out. The event will bring Kraken’s staking as a service product to a complete close, after being forced by regulators into shuttering the...Read More
Fed watchers expect the American central bank to raise the federal funds rate by 0.25 or 0.50 percent. The CME Fed Watch tool has notched up to anticipating a 0.50 interest rate hike in the Fed Funds rate, with a 72% probability of at least a 0.25 hike at the next meeting. The Yahoo Finance...Read More
In the run-up to Ethereum’s highly anticipated Shanghai upgrade, the second-largest cryptocurrency by market cap is struggling to maintain its momentum, hovering around the $1.9K mark. Investors and traders seem to demonstrate a classic “sell the news” behavior as the upgrade draws near, with traders taking profits before the event unfolds. Ethereum Shows Strong On-Chain...Read More
[PRESS RELEASE – Singapore, Singapore, April 12th, 2023] Famed Developers of Iconic Game Franchises, Mega Man and Tekken to Serve as Inaugural Legends DAO Partners with Their Original IPs, BEASTROID and BRAIN FIGHTER, on a New Platform Minnapad, a create-to-earn DAO launchpad and NFT marketplace that provides access to renowned Japanese creators, announced the first...Read More
FTX Europe – the European subsidiary of the now-collapsed global crypto giant – has filed a petition for a Swiss moratorium proceeding, which was granted by a court on April 11th. Meanwhile, the CySEC also announced extending FTX Europe’s license suspension until September-end. FTX Europe Moratorium According to the official press release, the proceeding is...Read More
CPI REPORT The Bureau of Labor Statistics has recently released new data indicating that prices increased by 5% over the course of the year ending in March. While this rate is slightly lower than the 6% reported in February, it is still a significant figure. Moreover, when compared to February, March saw a marginal increase...Read More
Tron has been under significant pressure as the crypto asset tanked by 5% over the past day from $0.066 to $0.062. This comes after the US division of crypto exchange Binance announced the delisting of the Justin Sun-linked token from its platform. Binance.US clarified that it would continue to support TRC-20 USDT and USDC issued...Read More
[PRESS RELEASE – Please Read Disclaimer] Are you ready to revolutionize your investment opportunities? Look no further than we2net, the future of decentralized finance on Binance Smart Chain. One of the most unique features of we2net is its permission-sharing mechanism, which ensures true decentralization and reduces developer control. Unlike other defi projects that are controlled...Read More
[PRESS RELEASE – Potomac Falls, United States, April 11th, 2023] Ash Environmental DAO has announced the dates of its token sale. The event will run from April 17 to May 7, giving participants the chance to purchase the Ash token and become part of a global ecosystem committed to funding high-impact innovations to address real-world...Read More
On April 11, it was reported that Coinbase had been awarded almost $470,000 in damages following a guilty plea in a Manhattan court. The case involved a crypto trader who took tips from his brother who worked at Coinbase Global. According to U.S. District Judge Loretta Preska, Nikhil Wahi was ordered to pay the sum...Read More
Kim Ji-sook – Chief Judge at the Seoul Southern District Court – reportedly issued an arrest warrant for Kim Mo (Coinone listing team leader), listing broker Hwang Mo, and other executives of the exchange. Prosecutors claimed they had received billions of won in bribes to list certain cryptocurrencies on the platform. More Drama in South...Read More
