The reorganization plan proposed by defunct crypto lender Genesis has recently caused an uproar among Gemini Earn users. According to the plan, users may only receive 61% of the value of their crypto holdings as of January 19, 2023. While some are hopeful about the potential recovery, others have expressed concern about various aspects of
admin
In a surprising turn of events, JPMorgan analysts have expressed a bullish sentiment towards Ethereum (ETH), predicting that it will outperform Bitcoin (BTC) and other digital currencies in terms of market price performance by the year 2024. This forecast signifies a unique perspective within the institution, indicating that the analysts recognize the distinctive potential and
The Blockchain Game Alliance (BGA) recently released its 2023 State of the Industry Report, which provides valuable insights into the current state and future trends of the blockchain gaming space. The report highlights various predictions and trends, shedding light on the potential role of traditional game studios and franchises in driving the adoption of web3
In recent discussions among crypto industry experts, Tether has emerged as a potential contender to become the world’s dominant dollar-pegged central bank digital currency. This topic gained attention after Cantor Fitzgerald CEO, Howard Lutnick, expressed his admiration for Tether on CNBC. Lutnick revealed that he holds significant amounts of Tether’s treasuries, which currently exceed $90
In a relentless legal battle against the U.S. Securities and Exchange Commission (SEC), Binance has submitted crucial filings on December 12th. The filings made by Binance aim to dismiss the case launched by the SEC against its companies and former CEO, Changpeng Zhao, back in June. These filings challenge the SEC’s claims that Binance tokens
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) recently announced a settlement with cryptocurrency exchange CoinList. The settlement involves over 989 transactions worth $1.25 million that were processed by CoinList from users residing in Crimea, a disputed region of Ukraine annexed by Russia. This article examines the details of the settlement and the implications
The U.S. Securities and Exchange Commission (SEC) chair, Gary Gensler, recently made dismissive remarks regarding spot Bitcoin exchange-traded funds (ETFs) in a conversation with Bloomberg. Although the SEC has introduced new rules aimed at reducing risk in the U.S. Treasury market, Gensler downplayed the significance of crypto ETFs in comparison. Gensler highlighted the importance of
Bitcoin, the pioneer cryptocurrency, experienced a significant correction at the beginning of the week, causing its price to drop back to the $40,000 level. This sudden correction led to panic selling among some investors who wanted to avoid further losses. However, as the selling pressure subsided, Bitcoin began to recover slowly but steadily. In the
The Metaverse is no longer a futuristic concept; it is becoming a tangible reality with far-reaching potential in the world of commerce. Worldline, a global leader in payment solutions, is taking a proactive stance in this digital paradigm shift by expanding its Metaverse presence. This strategic move aims to enhance graphical quality and accessibility across
Coinbase International is set to broaden its trading offerings as part of its global expansion strategy. The exchange announced that its users would be able to trade spot Bitcoin (BTC) and Ethereum (ETH) on the platform from December 14th. This new feature will initially be available exclusively to non-US institutional clients, with plans to expand