UK crypto industry publishes Travel Rule navigation guide
The Travel Rule requires crypto businesses to collect, verify and share information about digital asset transactions with another crypto company.
Posts published by Cointelegraph.com News 230/647
New law grants US president power to block digital asset access
A new U.S. law grants the president unprecedented authority to block access to digital assets, sparking significant concerns about its broad implications and potential impact on users.
Bitcoin bull run’s ‘most important chart’ hits new $94T all-time high
BTC price discovery is all but a given now that global liquidity is breaking into undiscovered territory, Bitcoin analysis suggests.
US antitrust chief to scrutinize AI sector for monopoly risks
U.S. antitrust enforcer Jonathan Kanter said regulators must urgently examine the AI sector to prevent potential monopolies.
Nigeria defends Binance exec prosecution amid US lawmakers’ criticism
The minister assured that Binance had received appropriate consular access from the U.S. and all due care, following standard diplomatic protocols and the rule of law.
Bitcoin ETFs notch nearly $500M inflows despite nobody searching for it
U.S. Bitcoin ETFs saw inflows of over $488 million, but Google Trends data shows Bitcoin and crypto-related searches are far down from 2021 highs.
Beware of fake work-from-home jobs, it’s a ploy to steal your crypto
The FBI is warning job seekers not to fall for the too-good-to-be-true “work-from-home” job scams.
Bitcoin open interest goes meteoric; traders now warn of a ‘whipsaw’
Bitcoin’s OI jumped $2.02 billion over three days, sparking concerns among traders about a potential “whipsaw” event.
US appeals court says SEC exceeded authority with fund rule
The Fifth Circuit found that the regulator overstepped its authority in its new rules affecting hedge funds. Could this ruling be a good sign for crypto?
Most celeb tokens are down 66%+ since Jenner’s bizarre crypto debut
The Iggy Azalea-launched “MOTHER” is the only token launched by celebrities last week still hitting new all-time highs. It has now amassed a market cap of $130 million.
McDonald’s metaverse debuts in Singapore
McDonald’s Singapore launches the ‘My Happy Place’ metaverse, letting locals build virtual burgers, play multiplayer games, and earn rewards.
Top promoter in Forcount ‘Ponzi’ pleads guilty to wire fraud conspiracy
Part of the plea deal involved Juan Tacuri forfeiting nearly $4 million and real estate which were purchased with victim funds.
ETH ecosystem users 9X since 2020 as VanEck tips $22K by 2030
The number of daily active users in Ethereum and top layer 2s has rocketed in recent years, and VanEck analysts say this growth will continue.
100% Bitcoin long-term hodlers are now in profit as BTC crosses $71K
Long-term Bitcoin holders are now all in the green, thanks to BTC’s recent climb above November 2021’s all-time high.
Riot Platforms bounces after damning report claiming collapse
Riot shares recovered from more than a 9% dip in the first hour of trading following a damning report from short seller Kerrisdale Capital.
Public blockchains too ‘fragile’ for tokenization: Professor tells Congress
Allen argued that public blockchains “can’t process large volumes of transactions” — though on-chain data suggests otherwise.
'Stand with Crypto' PAC hits 1 million advocates
The Stand With Crypto political action committee claims that nearly nine in 10 Americans believe the financial system needs an overhaul.
Zone launches PoS gateway with instant settlements
Zone’s layer-1 blockchain is purportedly Africa’s first decentralized, cross border, currency-agnostic payments solution.
Paxos International to issue regulated interest-paying stablecoin
The international arm of New York-based Paxos will issue a U.S. dollar-pegged stablecoin that will not be available in the United States.
3 reasons why Bitcoin failed to break above $72K
Regulatory uncertainty and volatile macroeconomic events may weaken further upside in the BTC price in the near term.
General election could delay crypto regulation by months — CryptoUK
Whether the U.K. Conservative Party maintains control of government or Labour is voted in, the House of Commons will be in recess until July 4 and during party conference season.
Galaxy tokenizes violin to secure loan, NFT sales volume tumbles: Nifty Newsletter
NFTs recorded a 54% drop in sales volume, from over $1 billion in April to $624 million in May.
Rushing OP_CAT on Bitcoin could come at an immense security cost
Operation Concatenate (OP_CAT) could be a game-changer for Bitcoin. But if its security risks are not diligently addressed, it could also undermine Bitcoin.
Turkey denies plans to tax crypto, stock gains
Turkey has dismissed levies on profits from stocks and cryptocurrencies but is exploring a transaction tax as part of efforts to regulate the tax on financial transactions.
Coinbase rolls out smart wallet with no gas fees and easy onboarding
Coinbase customers can look forward to a cheaper, easier experience when they buy, sell or trade crypto.
Coinbase rolls out smart wallet with no gas fees and easy onboarding
Coinbase customers can look forward to a cheaper, easier experience when they buy, sell or trade crypto.
Franklin Templeton CEO says Bitcoin investment still in early phase
CEO Jenny Johnson believes institutions will deploy a second wave into Bitcoin funds and attract the truly big players.
Blockchain-powered audits with community in mind: Hats Finance joins Cointelegraph Accelerator
Hats Finance, a community-focused audit platform that enables permissionless on-chain competitions and bug bounties has joined the Cointelegraph Accelerator program.
Centralized crypto exchange trading volume falls to $5.2T in May
Trading volumes on CEXs have somewhat subsided after topping $9 trillion in March.
Price analysis 6/5: BTC, ETH, BNB, SOL, XRP, DOGE, TON, SHIB, ADA, AVAX
Bitcoin remains stuck inside a range, but solid inflows into spot ETFs suggest investors anticipate an upside breakout.