Crypto.com, a well-known cryptocurrency exchange, has put on hold its plans for entering the South Korean market. This decision was made following a visit from the South Korean Financial Intelligence Unit (FIU) to Crypto.com’s local office in late April. The FIU’s inspection may have brought up questions about the exchange’s adherence to Anti-Money Laundering regulations, … Read more
Some European banks are now attempting to join the cryptocurrency market as clear regulations, specifically the MiCA (Markets in Crypto-Assets) laws, have been adopted. In a recent conversation, Lukas Enzersdorfer-Konrad, Bitpanda’s deputy CEO, explained that this interest is driven by the legislation’s transparency. European banks are embracing cryptocurrencies as an investment option and adopting tokenization … Read more
Amidst the significant shifts in the cryptocurrency market following Bitcoin‘s halving, Bitfinex offers reassuring insights to investors. Their analysis reveals that Bitcoin’s market conditions have stayed favorable post-halving, as evidenced by their examination of on-chain data. Despite the economic instability in the United States, as indicated in Bitfinex’s Alpha report published on April 22, they … Read more
Recently, the value of cryptocurrencies has gone up and down, causing noticeable changes in the market. Notable coins such as Ethereum (ETH) and XRP have seen price surges. As a result, big investors, who own large quantities, have taken an interest and started buying more of these digital currencies. XRP Resurgence and Whale Accumulation XRP … Read more
The governance token of Decentralized Finance custodian Safe Protocol, named SAFE, can now be transferred. Safe Governance made this announcement through its official X account, indicating that SAFE has been unlocked, enabling the token to be moved. Tokenomics of SAFE Based on information from Coingecko, the value of all SAFE tokens, taking into account those … Read more
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is showing signs of a significant market rebound. This comes after reports of large purchases made by Tron’s founder, Justin Sun. Sun’s buying spree underscores the optimistic outlook of major crypto investors towards Ethereum, despite its volatile price trends. Sun Allegedly Buys $405 Million Worth Of ETH … Read more
Renzo (EZ) is now the newest member of Binance‘s Launchpool, which includes 52 other projects, signifying yet another achievement for the leading global cryptocurrency exchange. James Poole and Lucas Kozinski founded Renzo, a user-friendly decentralized finance (DeFi) protocol, which streamlines the process of staking on EigenLayer. This means that users can now easily and quickly … Read more
In simple terms, Ethereum (ETH) serves as a benchmark for the ups and downs in the crypto industry. Currently, Ethereum is being bought and sold at $3,174. Yet, appearances can be deceiving as there’s a hidden dance of market influences and investor feelings underneath this tranquil facade. Ether’s Challenging Trajectory Over the past week, the … Read more
A recent publication by Arkham Intelligence reveals that approximately seventy crypto billionaire wallets, each possessing assets valued at seven figures, have encountered issues on various decentralized finance (DeFi) bridge platforms. Among these is a wallet linked to Ethereum co-founder Vitalik Buterin, holding more than one million dollars, which has been immobilized for approximately six and … Read more
The SEC of the Philippines has asked Binance‘s crypto trading app to be removed from Google PlayStore and Apple App Store listings, according to their request. Binance Operates as an Unregistered Broker in the Philippines Emilio Aquino, the SEC chair, pointed out that Binance’s activities in the Philippines pose a risk to the investments of … Read more