South Africa’s Crypto Firms Will Soon Need to Apply for Registration or Face a Heavy Fine
[May 25, 2023 8:03 AM] Continuing operations without applying for registration could lead to a $542,854 fine or imprisonment.
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South Korea Lawmakers Pass Law Requiring Officials to Disclose Crypto Holdings: Report
[May 25, 2023 7:52 AM] Lawmakers recently called for the Bill to take effect within two months.
The Bitcoin Rollercoaster: Why Every Upward Move Is Followed By A Steep Drop?
[May 24, 2023 3:20 PM] Bitcoin (BTC) has failed to hold onto gains over the past few weeks, giving back nearly all price increases shortly after they are made. According to crypto analyst and trader Daan Foppen, this phenomenon can be attributed to the outsized influence…
Bitcoin’s Doldrums Below $26.5K Endure as Investors Weigh Debt Ceiling Stalemate, Latest FOMC Minutes
[May 24, 2023 3:14 PM] The largest cryptocurrency by market capitalization sank below $26.2K early Wednesday after disappointing U.K. inflation data.
Crypto Market Alert: Tether Market Cap Fuel Hopes For Major Rally
[May 24, 2023 2:04 PM] Despite lackluster trade volume and price movements in the cryptocurrency market, Tether’s market cap is rising, nearing its all-time high of $82.9 billion. Tether, also known as USDT, is a stablecoin pegged to the U.S. dollar, making its…
Ethereum Staking Hits Over $40 Billion After Shanghai Upgrade: What It Means For ETH
[May 24, 2023 10:30 AM] The Ethereum (ETH) network has reached a significant milestone following the highly-anticipated Shanghai upgrade, as staking activity soars to new heights. According to crypto analytics platform Cryptorank, the Ethereum deposit contract balance has…
Crypto Security Firm Unciphered Claims Ability to Physically Hack Trezor T Wallet
[May 24, 2023 9:35 AM] Unciphered, a company of cybersecurity professionals who recover lost cryptocurrency, says it found a way to physically hack into the Trezor T hardware wallet. Trezor says it acknowledged a similar-sounding attack vector a few years ago.
Cosmos (ATOM) Bears Dominate As Bulls Struggle To Drive Price
[May 24, 2023 8:00 AM] Cosmos (ATOM) experienced a short bullish momentum on May 10, 2023. The asset saw an increase of 10.89% taking its price to a high of $11.2. However, the bears regained control of the market on May 13 and sent the coin to its current price of…
Crypto, TradFi Broadly Welcome IOSCO’s Proposed Norms for Digital Asset Markets
[May 24, 2023 7:09 AM] The global regulator for securities markets released its first set of policy recommendations for the crypto sector on Tuesday.
Financial surveillance, privacy and CBDCs: Why are governments going cashless?
[May 24, 2023 6:20 AM] Attorney Marta Belcher joins The Agenda podcast to unpack financial surveillance’s vast infrastructure and warn of the potential ramifications of central bank digital currencies.
Japan to Enforce Tougher Crypto Anti-Money Laundering Laws Next Month: Report
[May 24, 2023 4:50 AM] Earlier this month, global financial crimes watchdog FATF urged G-7 economies like Japan to lead by example to implement its controversial "travel rule" for crypto transfers.
FATF Did Not Require Pakistan to Ban Crypto to Stay Off Its 'Grey List'
[May 24, 2023 2:12 AM] The Financial Action Task Force has said it does "not require countries to indiscriminately ban virtual assets and virtual asset service providers," after Pakistan's Minister of State for Finance and Revenue said crypto cannot be legalized due to…
Fantom (FTM) Secret Weapon: Could This Project Be The Next Big Thing In Crypto?
[May 23, 2023 3:00 PM] Fantom (FTM) is a blockchain project that has gained attention in the crypto space for its unique features and potential. Despite a recent dip in key metrics such as Total Value Locked (TVL), the project has something special that many believe is…
Zuzalu Is 2 Months in Montenegro With Crypto Elites, Cold Plunges, Vitalik Selfies
[May 23, 2023 12:54 PM] This invite-only gathering of 200 people in the Mediterranean marina town of Lustica Bay has been taking place since late March and wraps up this week, featuring official sessions on zero-knowledge cryptography, twice-a-day jumps into the Adriatic…
Here’s What The Metrics Say About Polygon’s (MATIC) Uptrend
[May 23, 2023 11:00 AM] The price of Polygon (MATIC) and other notable crypto assets has been experiencing some volatility recently. The fluctuations present in the MATIC market can present traders and investors with profit-earning opportunities. Within the last seven…
Avalanche (AVAX) Trading Volume Skyrockets Amid Sustained Price Growth
[May 23, 2023 8:00 AM] Avalanche (AVAX) is gaining today as it seeks to retain its gains in the last 24 hours. Its trading volume is up by over 18% today, possibly sustaining its price recovery attempt. Notably, AVAX entered the month of May with a bullish momentum…
South Korea's Ruling Party Calls to Expedite Bill on Lawmakers' Crypto Disclosures: Report
[May 23, 2023 4:42 AM] The leader of South Korea's ruling People Power Party wants a new bill requiring lawmakers and high-level government officials to declare their cryptocurrency-related assets to be implemented within two months.
Bitcoin Bubble About To Burst? Analyst Warns Prices Could Dip To $7,000
Ethereum (ETH) Beacon Chain Shatters Records With $7.7 Billion Inflows
[May 22, 2023 2:00 PM] Ethereum’s (ETH) Beacon Chain has seen significant inflows since staking withdrawals were enabled on April 12th, with over $7.7 billion worth of Ethereum deposited into the contract. This is despite some initial predictions of a flood of…
UK Will Need New Laws to Accommodate Future Digital Pound, Lawyers Say
[May 22, 2023 3:44 AM] Should the country decide to issue a digital pound, existing data protection, security and anti-money laundering rules would need amending, said Louise Abbott, partner at U.K.-based Keystone Law.
Tornado Cash (TORN) Suffers 27% Drop As Hackers Strike
[May 21, 2023 4:05 AM] Tornado Cash (TORN) has experienced a sudden fall in its market price over the last few hours following news of the DeFi protocol suffering a crypto exploit late yesterday. According to data from CoinMarketCap, Tornado Cash is down 28.25% in the…
‘Apple and Google Are Systemic Risks to Crypto,’ Says Ex-Coinbase CTO
[May 20, 2023 11:30 PM] Authorities in the U.S. and elsewhere may try to compel tech firms like Apple and Google to exfiltrate private keys from devices and apps under their control, crypto entrepreneur Balaji Srinivasan warned on social media. The former executive of…
UK Lawmakers Call for Crypto Trading to Be Regulated as Gambling
[May 20, 2023 9:30 PM] A committee of British lawmakers has recommended regulating crypto trading as gambling. Viewing retail trading of cryptocurrencies as more akin to gambling rather than a financial service, the U.K. Treasury Committee stated that “Cryptocurrencies…
LUNC Burn Tax Set To Rise To 0.5% As KuCoin Proposal Receives Approval
[May 20, 2023 7:50 AM] After garnering the required votes, a major proposal has just passed in the KuCoin network. The proposal aimed at raising Terra Classic LUNC burns tax to 0.5%. Following the positive results, KuCoin declared increasing the LUNC network burn rate…
XRP Emerges As Top Performing Crypto With 55% Surge – Messari Report
[May 20, 2023 5:50 AM] Amid the prevailing bearish trend in the crypto market, XRP has stayed afloat above other assets with impressive gains. A report from a leading crypto market intelligence product provider, Messari, revealed the Ripple native currency XRP took the…
Chainlink (LINK) Price Down Today As Bears Take Control – Here’s Why
[May 20, 2023 5:14 AM] Chainlink has dropped slightly in the market today as bears seized control of its price. LINK’s current price depicts a loss of 87.7% from its all-time high of $52.88 on May 10, 2021. The asset has been fluctuating between the $6 and $7 price…
Gas Crisis Averted: NFT Marketplaces Witness Dramatic Reduction in Ethereum Fees
[May 19, 2023 2:50 PM] Ethereum gas consumption landscape is transforming significantly as Non-Fungible Token (NFT) marketplaces no longer dominate the network’s gas usage. According to a report by Nansen, a crypto analytics platform, NFTs have fallen behind in…
FATF President Urges G7 to Lead in Shutting Down ‘Lawless Crypto Space’
[May 19, 2023 2:30 PM] It is necessary to put an “end to the lawless crypto space,” according to the head of the Financial Action Task Force (FATF). G7 nations must set an example in implementing global standards on combating money laundering, the executive insisted, as…
NFT Market Takes A Hit: Sales Could Drop Below $1 Billion For The First Time In 2023
[May 19, 2023 1:18 PM] The Non-Fungible Tokens (NFT) industry has been a hub of innovation and growth over the past year, but as it approaches the midway point of 2023, the market is showing signs of maturation and change. According to a recent report by DappRadar, NFT…
XRP Ledger On Fire: Daily Transactions Skyrocket 10.7% In Q1 2023
[May 19, 2023 10:59 AM] According to the latest report by the research firm, Messari, the XRP Ledger (XRPL) saw a significant surge in activity during the first quarter of 2023. The daily active addresses and daily transactions increased by 13.9% and 10.7% QoQ…