Two prominent crypto companies, Coinbase and Revolut, faced contrasting fates with UK authorities recently. While the UK’s Financial Conduct Authority (FCA) slapped Coinbase’s subsidiary, CB Payments Limited (CBPL), with a hefty £3.5 million fine for Anti-Money Laundering breaches, Revolut celebrated receiving a restricted banking license from the UK’s Prudential Regulation Authority (PRA). The FCA’s fine
OKX Racer, a Telegram mini app, available through OKX exchange, provides users with the opportunity to predict Bitcoin’s price within a short window of a few seconds. The appeal of OKX Racer lies in its free-to-play model and the potential to earn points and rewards with accurate predictions. Registering on the OKX exchange is the
The second day of trading for the spot Ethereum ETFs took a significantly different turn compared to the first day. Over $133 million were withdrawn from these financial vehicles, leading to a massive price drop of 10% for the underlying asset. This reaction in the market confirmed the initial speculation that the approvals of the
The ongoing legal battle between Ripple and the United States Securities and Exchange Commission (SEC) has captured the attention of many in the cryptocurrency world. Despite being in its final trial phase as of April 2024, experts have varied predictions on when a resolution could be reached. Ripple’s CEO has hinted at a potential agreement
The founders of Andreessen Horowitz (a16z), Ben Horowitz and Marc Andreessen, recently expressed their concerns about the regulatory challenges that the crypto industry is facing under the Biden-Harris Administration. They openly criticized the administration’s handling of the industry, pointing out a series of regulatory hurdles that they believe are hindering innovation and growth in the
Cynthia Lummis recently took a stand against the Biden administration’s proposed 30% excise tax on the energy consumed by Bitcoin miners. She argues that this tax could severely impact the growing Bitcoin mining industry in the U.S., dismissing concerns about environmental pollution and energy grid risks as unfounded. Lummis contends that even if the administration’s
Dalmas, an experienced crypto journalist, brings a fresh perspective to the industry with his deep knowledge in NFTs, blockchain, DeFi, and blockchain news. With a background in mechanical engineering and over a decade of experience in journalism, Dalmas has crafted over 10,000 news and feature articles in the past eight years. His wide array of
The Machines Arena Play-to-Airdrop (P2A) campaign introduces a unique gamified reward system that aims to engage users and offer lucrative returns through a play-to-earn strategy. By participating in various activities inside and outside the game, players can earn points that contribute to their overall ranking on the leaderboard. These activities include playing games, solving quests,
BitcoinOS (BOS) recently achieved a groundbreaking milestone in the world of blockchain by successfully verifying the first-ever zero-knowledge proof (ZKP) on the Bitcoin mainchain. This achievement marks a significant step towards revolutionizing Bitcoin’s scalability and functionality without the need for alterations to its underlying consensus code. The team at BitcoinOS was able to finalize the
The recent repayments initiated by Mt. Gox to creditors affected by the 2014 hack have brought about an interesting revelation in the crypto market. Contrary to initial concerns about a potential market dump, it has been observed that creditors on Kraken have shown a strong “hodling” sentiment. This is evident from the significant increase in