After facing months-long delays at US ports, certain miners suspect scrutiny over Sophgo chips tied to Huawei sanctions breaches.
Central Bank of Brazil wants to stop stablecoin withdrawals from exchanges to personal wallets. This is part of a new crypto law to regulate the industry.
Virtual Protocol seems to be making headway amidst November's bull market kick-off, raising anticipations that it may become one of the frontrunners this bull cycle. The post Virtual Protocol On Base Is The New Hot Topic For Crypto Analysts, Will The Next 30 Days Bring A 400% Spike for This Rival Coin Too? appeared first on Cryptonews.
After recent robust bullish performances by several altcoins, multiple analysts have tipped the altseason to have begun, building momentum for a major price explosion in the coming weeks. Interestingly, popular analyst EGRAG Crypto has weighed in on the discourse around a highly-anticipated altseason, predicting a potential market inflow of $627 billion.
Central bankers are losing enthusiasm for central bank digital currencies (CBDCs) despite a continued rise in research efforts. The post Central Bankers' Enthusiasm for CBDCs Wanes Despite Growing Research: OMFIF Survey appeared first on Cryptonews.
Brazil's Central Bank (BCB) has unveiled a proposal to ban the transfer of stablecoins to self-custody wallets. This happens amid the Brazilian Real (BRL) hitting an all-time low against the US Dollar (USD), raising local economic concerns, as Finbold reported.
Tonkeeper, a prominent non-custodial wallet for the TON blockchain, has partnered with global payment platform Mercuryo to launch an exclusive campaign FOR Indonesian users. Running from November 25 to December 15, the three-week initiative offers discounted transaction fees for users purchasing crypto via popular Indonesian payment methods, as per Tonkeeper's latest press release.
Re-elected, Trump triggers euphoria in the crypto sphere: Bitcoin soars, debates erupt, and social media ignites. A saga where politics enters the blockchain.
Altcoins are surging at incredible rates as we near the end of 2024. Bitcoin's dominance continues to decline after recently reaching its peak, and we are seeing an influx into smaller projects.
In the $3.42T worth of the crypto industry, meme-inspired tokens have built their kingdom, as their demand is quite high. In 2024, the memecoins and meme coin creators count grown exponentially, especially with token launcher platforms like Pump.Fun, where millions of tokens have been launched in just a few months.
Grayscale's cryptocurrency gains are another sign of an incoming altcoin season, which may lead to an XRP rally of $2.57 before the end of 2024.
Former PayPal president and head of Meta's defunct Libra project, David Marcus has shed light on the unfortunate incident surrounding the project. Marcus took to microblogging platform X to reveal that Treasury Secretary Janet Yellen was indirectly involved in the project's death.
Brazil's Central Bank (BCB) has introduced a regulatory proposal to ban platforms from allowing stablecoin withdrawals to self-custody wallets.
Russia's crypto tax framework introduces a 13%-15% sales tax and exempts mining services from VAT under strict reporting rules.
Recently, there has been speculation about a potential breach of wallets believed to be associated with Satoshi Nakamoto, Bitcoin's pseudonymous creator.
A former senior executive at Binance, Amrita Srivastava, has accused the company of retaliating against her after she raised concerns about an alleged bribery scheme involving a colleague. Srivastava, who was based in London and worked remotely on Binance's Link platform, testified that she was dismissed after reporting the incident to her superiors.
By focusing on more collaborative models for fundraising, founders can feel empowered while ensuring their projects have the support they need.
Taiwan has accelerated the introduction of its regulatory Anti-Money Laundering (AML) framework for crypto businesses. The new regulations, set to start nearly a month in advance, require Virtual Asset Service Providers (VASPs) to comply with the registration mandate to prevent stricter penalties.
A blockchain education expert believes that learning about blockchain is crucial for the safe and effective use of Web3 technology. Blockchain Education: Fragmented and Inconsistent According to Pauline Cohen Vorms, co-founder of the Polkadot Blockchain Academy, blockchain education is essential for the adoption of Web3 technology.
The UK Court of Appeal has rejected Australian scientist Craig Wright's, Bitcoin self-acclaimed developer, attempt to challenge a previous ruling in his legal battle against the Crypto Open Patent Alliance (COPA).
Amid the ongoing bullish sentiments, where major cryptocurrencies are packed with gains, a newly launched crypto token is gaining traction with the successful HYPE Airdrop. The popular Decentralized finance (DeFi) protocol Hyperliquid launched its native token a few hours ago with a massive crypto airdrop.
In this week's LATAM crypto update the use of virtual assets has increased to more than $75 million in just four months as a result of new laws issued by the Central Bank of Bolivia.
November proved to be a turning point for the crypto market, and meme coins emerged as one of the best-performing sectors. In the last four weeks, following Bitcoin's rise to $99,595, many unexpected meme tokens took the top spot, outperforming major altcoins.
Tonkeeper, a leading non-custodial wallet for the TON blockchain, has partnered with global payment infrastructure platform Mercuryo to introduce an exclusive promotional campaign for Indonesian users. The three-week campaign will offer significantly reduced transaction fees for crypto purchases via popular Indonesian payment methods.
The AML rules were initially set to take effect early next year, but recent breaches have prompted the FSC to expedite its implementation.
Some lesser-known tokens are outperforming expectations, but OGs like Bitcoin, Ethereum, and Solana remain strong.
Jimmy Donaldson famously known as Mr.Beast has been criticised for what people view as an attempt to use his large audience to make financial gains within the crypto industry. Currently following over 31.
We were overexcited about NFTs: we all remember those days, when it was easy to make a quick buck. What happened, after the hangover?
An instrument widely used for medium/long-term investments, but that presents some critical issues.
Japan's financial regulator, the FSA, has cracked down on five unregistered cryptocurrency exchanges targeting Japanese residents. Users of 5 Exchanges May Lack Asset Protection The Financial Services Agency (FSA), Japan's financial regulator, announced Nov. 29 that it has issued warning letters to five cryptocurrency exchanges it accuses of operating without registration.
As the crypto space grows staking has become one of the leading ways to earn passive income instead of letting your digital assets stay idle in your wallet. CryptoBox stands out among the many crypto staking platforms out there as a game changer that combines AI technology with secure high-yield staking.
In a November 28th post on Twitter/X, Tron's Justin Sun shared that he plans to buy up to 100,000 bananas from the same fruit stand that produced the iconic duct-taped banana. The now-popular fruit stand is owned and managed by Shah Alam, located in New York's Upper East Side.
In a groundbreaking event, a player managed to outwit an AI agent named Freysa, winning a cryptocurrency prize worth $47,000.
David Marcus alleges that Treasury Secretary Janet Yellen intervened at a critical juncture, warning Federal Reserve Chair Jerome Powell that supporting Libra's launch would amount to “political suicide.” The post Janet Yellen's Warning to Fed Chair Killed Meta's Crypto Project, Says David Marcus appeared first on Cryptonews.
Rachel Conlan, CMO of Binance says memecoin listings are not guaranteed. However “community feedback and input” plays an important role in decisions related to which cryptocurrency to list.
After Pump.fun cancelled its livestreaming feature, revenues on the platform fell by $1.4 million.
Brazil's Stablecoin Withdrawal Ban, proposed by the BCB, restricts centralized exchanges from transferring stablecoins to self-custody wallets
David Marcus, former chief of now-defunct Facebook Libra stablecoin project, has openly revealed how the Biden administration killed the project despite passing all regulatory checks. In his detailed post “How Libra Was Killed“, Marcus provides a complete overview of the political slugfest.
The Graph introduces Web3 standard GRC-20 to improve interoperability across decentralized applications.
Printemps, the French department store chain, has partnered with Binance Pay and Lyzi to accept cryptocurrency payments in 20 locations across France.
Binance CMO Rachel Conlan says that "community feedback and input" are important factors for crypto exchanges when deciding which cryptocurrencies to list, though nothing is "guaranteed."
Russia officially declares cryptocurrency as property, unleashing groundbreaking tax rules: mining exemptions, progressive income taxes, and steep corporate levies starting in 2025.
A UK court denied Craig Wright appeal, ruling he is not Bitcoin's creator, Satoshi Nakamoto.
For years, cybersecurity threats like hacking and identity theft have compromised not just individual accounts but also companies and organizations. And many governments point their fingers to North Korea as the probable location of these hackers that cost the global economy billions of dollars.
The amount of capital willing and able to hold risk has surged, reshaping the ecosystem's center of gravity. And that center is CME Group.
Pump.fun has experienced a sharp drop in daily revenue after banning live streaming. Fake Suicide After experiencing steady growth since early November, the daily revenue of meme coin launching platform Pump.fun plummeted. Revenue dipped from a monthly high of $5.3 million on Nov. 24 to $3.6 million on Nov. 27.