South Africa’s financial regulator has asked exchanges operating in the country to obtain a license before the end of 2023. Crypto firms who fail to adhere to the directive before the deadline could be fined or have their businesses closed down by authorities. New Licensing Regime in South Africa The Financial Sector Conduct Authority (FSCA)...Read More
Two teenage boys from Hamilton, Ontario, have been busted for allegedly stealing over $4 million worth of bitcoin (BTC) and ether (ETH) from an American man through what authorities described as a “spear phishing attack.” According to local reports, Hamilton police started working with the United States Federal Bureau of Investigations (FBI) and the Secret...Read More
Bitcoin (BTC)’s smallest holders are deploying money into the asset at a record pace this month, reflecting a sense of shared optimism across the Bitcoin market in 2023. On-chain data shows that “shrimps” – Bitcoin addresses holding less than 1 BTC – haven’t accumulated this aggressively in nearly six years. Small Holders Stack Their Sats...Read More
Binance CEO Changpeng Zhao (CZ) explained on Wednesday why Binance spends time supporting cryptocurrencies and blockchains beyond those it chiefly develops. While the executive remained optimistic about the BNB Chain ecosystem, he said that he personally is a “heavy promoter of Bitcoin (BTC).” Are Binance’s Blockchain Centralized? In an AMA hosted over Twitter on Wednesday,...Read More
Satoshi’s vision of decentralization was to put power back in the hands of the people. So he worked toward creating a decentralized financial system that eliminated the need for centralized institutions and intermediaries. Bearing this in mind, builders and stakeholders in the Web3 ecosystem have continued to provide financial solutions that further propagate Satoshi’s vision...Read More
Milestones are essential to the growth of projects in the crypto community, and it gets exciting to see a new project like Uwerx showcase so much potential in its recent presale milestone. The new project, having just emerged in the market, hit the $1 million mark weeks back and is on its track to attaining...Read More
The demand for Pepe Coin ROI is insatiable. 2.0 knockoffs have already racked up enormous gains in July. As Pepe 2.0 rallied through the roof on Ethereum during the last week in June, one trader made $175,000 in just a day of riveting profit-taking. Due to the relative anonymity of Web 3.0 users, we don’t...Read More
[PRESS RELEASE – London, United Kingdom, July 5th, 2023] VC Spectra (SPCT), a decentralized hedge fund, is currently 70% into the first stage of its public presale. The private seed sale, which raised $2.3 million in just two weeks, has filtered through into the public presale. A leading firm in the fintech and blockchain space,...Read More
Binance Academy – the educational arm of crypto exchange Binance – announced a partnership with Coursera. The collaboration with the leading online learning platforms that boast more than 124 million learners globally aims to bring educational opportunities to everyone in the form of a comprehensive suite of learning programs that are slated for launch over...Read More
[PRESS RELEASE – Please Read Disclaimer] Non-custodial prime brokerage protocol Primex Finance is thrilled to announce the upcoming launch of its highly anticipated mainnet. With the code frozen and the auditing process underway, the Primex core team is making significant strides toward the release. With independent auditors expected to complete the auditing process in the...Read More
[PRESS RELEASE – Dubai, UAE, July 5th, 2023] Influential figures such as heads of global funds, government officials, investors, business owners, and promising startups come together in Dubai to shape the future of cryptocurrencies and Web3 at the 11th International Blockchain Life Forum on October 24-25 in Dubai, Festival Arena. Buy your ticket now at...Read More
The Australian Securities and Investment Commission (ASIC) has carried out a search at Binance’s offices in Australia as a part of an ongoing inquiry into the crypto exchange’s former derivative businesses. The search, which happened on Tuesday, concentrated on Binance’s adherence to Australian regulations. A Binance spokesperson recently said that the exchange is “ Committed...Read More
On July 4, the Vice President of Hong Kong University of Science and Technology, Cai Wensheng, penned a proposal for an HKD stablecoin. The policy proposal was also made by Wang Yang, Lei Zhibin, and Wen Yizhou but was not endorsed by the Hong Kong government. The academics have a vision for a local currency...Read More
Creditors of bankrupt crypto lending platform Voyager Digital will pay more than $5 million for the third interim fee period, which ended in mid-May. In total, McDermott Will & Emery has charged the Voyager creditors’ group roughly $16.5 million for its services for less than a year. Legal Expenses McDermott Will & Emery, the law...Read More
