Recently, Hong Kong’s Securities and Futures Commission (SFC) announced that it had added Bybit to its list of suspicious virtual asset trading platforms. The commission raised concerns about Bybit operating without the necessary license and offering its products to investors in Hong Kong. This warning comes as a response to the platform’s unlicensed operations. The
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Cardano, despite its lagging price action, has recently experienced a surge in active addresses on its network. The monthly active count reached its highest level in over a year, with data from Danogo showing a significant increase in active addresses. This surge in activity signals major network adoption and hints at potential positive developments for
The crypto market has been buzzing with excitement as meme coins like Satooshi Nakahobo have seen massive surges in price in recent times. Satooshi Nakahobo, with its humorous name and meta references, captured the attention of traders with a 600x surge in value. However, the question remains – is this surge sustainable, or is Satooshi
Crypto.com, a prominent crypto trading platform, has recently found itself in hot water with the Netherlands Central Bank. The company was fined a staggering €2.85 million ($3.1 million) for operating within the country without proper registration for a period of two years. This violation stems from Dutch regulations that require crypto firms to register with
Binance recently stated that Nigeria is not one of its top markets, despite being Africa’s most populous country and largest economy. The exchange acknowledged the country’s “extraordinary potential” but emphasized that it is not a priority market for them. This comes after a dispute with Nigerian authorities over allegations of manipulating the local fiat currency,
MicroStrategy, a prominent American business intelligence and software development company, has recently made headlines with its plans to acquire an additional $500 million worth of Bitcoin. This move comes after the company had already purchased about 12,000 BTC valued at over $800 million, bringing their total Bitcoin holdings to a staggering 205,000 BTC. The decision
Bitcoin has once again made headlines in the cryptocurrency world as its price reached a new all-time high at just under $74,000. The journey to this point was not without its ups and downs, with the price slipping below $72,000 at one point. However, the resilience of the BTC bulls was evident as they managed
The DeFi lending protocol MakerDAO has stirred up excitement in the crypto space with its announcement of the first phase of its highly anticipated ‘Endgame,’ set to launch in summer 2024. This initial phase is poised to bring about a major transformation by introducing a series of key features that are believed to be instrumental
Arbitrum, a layer-2 blockchain network, has recently made waves in the gaming industry with the launch of their Gaming Catalyst Program (GCP) on March 12. This program aims to revolutionize the development of Web3 games on their network, offering support and resources to game developers looking to explore the blockchain space. The Gaming Catalyst Program
Ethereum (ETH) is on the brink of significant advancements with the impending Dencun upgrade aimed at improving the network’s scalability. However, amidst this positive outlook, QCP Capital, a reputable crypto asset trading firm, has brought to light an emerging trend that could potentially impact Ethereum’s price trajectory. The firm’s analysis points towards a shift in