South Korea’s ruling party has called for early enforcement of the law that seeks the country’s lawmakers and high-level government officials to declare their cryptocurrency-related assets. The proposed bill would require local officials and lawmakers to declare all personal crypto holdings over 1 million Korean won (worth around $760). The move was prompted by a...Read More
American basketball legend Shaquille O’Neal is facing a new lawsuit for promoting the Solana-based crypto project, Astrals. According to the class action lawsuit filed with a Floridan court by plaintiff Daniel Harper, Shaquille shilled the Astrals token through posts and videos on several of his social media handles. O’Neal Faces Lawsuit Over Astrals Project According...Read More
In response to the SEC’s arguments against its petition for a writ of mandamus, Coinbase said the financial regulator “is talking out of both sides of its mouth, and it is wrong at each end.” The crypto exchange’s chief legal officer Paul Grewal described the mandamus as “the tailor-made remedy for the extraordinary facts.” The...Read More
Bitcoin’s price movement, often considered a weather vane for the broader cryptocurrency market, has been in a whirlwind of late. Its ongoing turbulence near key levels has sent shockwaves across the crypto ecosystem, creating a domino effect that’s impacting other digital currencies, including Cardano’s ADA. As concerns regarding interest rate hikes and US debt ceiling...Read More
Binance CEO Changpeng Zhao (CZ) published a tweet on Wednesday noting that China Central Television (CCTV) recently put out a broadcast related to digital assets. The executive claimed that similar coverage has served as a catalyst for crypto bull runs in the past. CZ provided a link to the broadcast which aired on May 23,...Read More
Users of the cross-chain router protocol Multichain have been reportedly experiencing delays in receiving their funds following an upgrade. There have also been rumors about the arrest of the Multichain team, which is yet to be confirmed. MULTI Sinks 24% in 24 Hours Several Multichain users have complained about their funds being stuck in the...Read More
[PRESS RELEASE – Marseille, France, May 24th, 2023] In an age where the crypto world is dominated by GameFi, DeFi, NFTs, and meme coins, Hestia is revolutionizing the industry by demonstrating how cryptocurrencies and blockchain technology can be applied to traditional economic projects. Hestia, a groundbreaking decentralized freelance platform, is harnessing the power of decentralization...Read More
[PRESS RELEASE – Amsterdam, Netherlands, May 24th, 2023] The organizers of The Web3.Conference are celebrating a successful day-long event that brought together the industry’s leading lights. Held in Amsterdam on May 19th, the annual event from the AroundB team discussed hot topics and gathered industry insights from Web3 experts. With more than 20 speakers, four...Read More
[PRESS RELEASE – Zug, Switzerland, May 24th, 2023] Tulipart.com is a collection of 10,000 unique tulip NFTs. Over a period of 7 years, 4 Tulip NFTs will be minted every day until the goal of 10,000 is reached. Each Tulip NFT consists of six different components, which range from common to exclusive, making them more...Read More
crypto regulation FTAF(Financial Action Task Force) denied requiring countries to ban virtual assets and services despite Pakistan’s Finance Minister’s claims. Minister Aisha Pasha says legalizing cryptocurrency risks the country being ‘Grey listed’ by FTAF and said no to legalizing cryptos in Pakistan. FTAF Grey lists the country due to huge crime and violence, FTAF mandates VAP(...Read More
Speaking on the Unchained podcast on May 23, Dan Berkowitz muddied the regulatory waters even further by stating that crypto assets can be both commodities and securities. The notion goes against the opinion of Securities and Exchange Commission Chair Gary Gensler who asserts they are all securities with investment contracts. Referring to Ethereum, he said...Read More
Tomorrow, BOB will arrive at BitMEX via a new listing – BOBUSD, with up to 50x leverage, making this new perpetual contract one of the highest max position sizes in the industry. What is BOB? The BOB Token is an AI meme token behind the “Bob Is Here To Explain” Twitter account, an AI bot...Read More
[PRESS RELEASE – London, United Kingdom, May 23rd, 2023] AltSignals (ASI), the revolutionary new AI-powered trading signals provider, continues to make waves in the crypto world by announcing its token presale has stormed past the $750k milestone. AltSignals’ native token, ASI, has achieved success during its presale phase and continues to demonstrate growth. ASI is...Read More
In a recent interview with WSJ, Tesla’s CEO said he cannot advise people to allocate money in the cryptocurrency market. He also touched upon Dogecoin, explaining why it is his favorite digital asset. Elon Musk has had a rocky and controversial relationship with the cryptocurrency industry for the past several years. It ranges from buying...Read More
The previous decade saw a trend where buying the dip and riding the typical corrections in Bitcoin proved to be profitable. However, it is unlikely that this strategy will continue to yield positive results in the future. According to analyst Nicholas Merten, there is a growing concern about the potential dangers in the upcoming years...Read More
We are pleased to announce we’ve made a US$50,000 donation to Brink, a non-profit organisation that exists to strengthen the Bitcoin protocol and network through fundamental research and development. Brink is an organisation with a purpose, that aligns well with that our of BitMEX. In the past four years BitMEX has awarded close to US$2...Read More
Plans to restart the bankrupt cryptocurrency exchange FTX have been confirmed in a new staffing and compensation report filed with the United States Bankruptcy Court for the District of Delaware on Monday. The document shows that acting CEO John J. Ray III spent hours engaging in several activities to devise a revival plan for the...Read More
